NYSE:TAP - Molson Coors Brewing Co Class B Stock Price, Price Target & More

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$67.00 +0.10 (+0.15 %)
(As of 07/18/2018 06:56 AM ET)
Previous Close$66.90
Today's Range$66.45 - $67.88
52-Week Range$58.75 - $94.02
Volume4.92 million shs
Average Volume1.80 million shs
Market Capitalization$14.43 billion
P/E Ratio16.32
Dividend Yield2.45%
Beta0.76
Molson Coors Brewing Co Class B logoMolson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, Mickey's, Miller 64, Miller Genuine Draft, Miller High Life, Milwaukee's Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the Henry's Hard Soda, and Steel Reserve Alloy Series brands. The company also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands. In addition, it provides its products under the Staropramen, Apatinsko, Astika, Bergenbier, Borsodi, Branik, Jelen, Kamenitza, Niksicko, Noroc, Ostravar, Ozujsko, Sharp's Doom Bar, Worthington's, Cobra, and other brand names. Further, the company imports and sells Hop Valley, Revolver, Saint Archer, Terrapin, Grolsch, Peroni Nastro Azzurro, Pilsner Urquell, Desperados, Dos Equis, Moretti, Sol, Tecate, Carling Strong, Coors, Coors 1873, Coors Extra, Coors Gold, Iceberg 9000, King Cobra, Thunderbolt, and Zima brand products. Additionally, it brews or distributes various brands, such as Amstel Light, Heineken, Murphy's, Newcastle Brown Ale, Strongbow cider, Beck's, Belle-Vue Kriek brands, Hoegaarden, Leffe, Lowenbrau, Löwenweisse, Spaten and Stella Artois, Corona Extra, Rekorderlig, Singha, Blue Moon, Corona, Miller High Life, Molson Canadian, and other Modelo brands, as well as George Killian's Irish Red, the Redd's, and Foster's brands. The company was formerly known as Adolph Coors Company and changed its name to Molson Coors Brewing Company in February 2005. The Company was founded in 1786 and is headquartered in Denver, Colorado.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
SymbolNYSE:TAP
CUSIP60871R20
Phone303-927-2337

Debt

Debt-to-Equity Ratio0.70
Current Ratio0.52
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio16.32
Forward P/E Ratio13.79
P/E Growth1.91

Sales & Book Value

Annual Sales$13.47 billion
Price / Sales1.07
Cash Flow$8.3855 per share
Price / Cash7.99
Book Value$62.37 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$4.47
Net Income$1.41 billion
Net Margins10.95%
Return on Equity6.81%
Return on Assets2.93%

Miscellaneous

Employees17,200
Outstanding Shares215,710,000
Market Cap$14,431.27

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Molson Coors Brewing Co Class B (NYSE:TAP) Frequently Asked Questions

What is Molson Coors Brewing Co Class B's stock symbol?

Molson Coors Brewing Co Class B trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAP."

How often does Molson Coors Brewing Co Class B pay dividends? What is the dividend yield for Molson Coors Brewing Co Class B?

Molson Coors Brewing Co Class B declared a quarterly dividend on Monday, July 16th. Investors of record on Friday, August 31st will be paid a dividend of $0.41 per share on Monday, September 17th. This represents a $1.64 annualized dividend and a yield of 2.45%. The ex-dividend date is Thursday, August 30th. View Molson Coors Brewing Co Class B's Dividend History.

How were Molson Coors Brewing Co Class B's earnings last quarter?

Molson Coors Brewing Co Class B (NYSE:TAP) issued its earnings results on Wednesday, May, 2nd. The company reported $0.48 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.30. The business earned $2.33 billion during the quarter, compared to analyst estimates of $2.45 billion. Molson Coors Brewing Co Class B had a return on equity of 6.81% and a net margin of 10.95%. Molson Coors Brewing Co Class B's quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. View Molson Coors Brewing Co Class B's Earnings History.

When is Molson Coors Brewing Co Class B's next earnings date?

Molson Coors Brewing Co Class B is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Molson Coors Brewing Co Class B.

What price target have analysts set for TAP?

12 equities research analysts have issued 1-year price targets for Molson Coors Brewing Co Class B's stock. Their predictions range from $65.00 to $98.00. On average, they anticipate Molson Coors Brewing Co Class B's share price to reach $80.6667 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Ratings for Molson Coors Brewing Co Class B.

What is the consensus analysts' recommendation for Molson Coors Brewing Co Class B?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing Co Class B in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Molson Coors Brewing Co Class B's key competitors?

Who are Molson Coors Brewing Co Class B's key executives?

Molson Coors Brewing Co Class B's management team includes the folowing people:
  • Mr. Mark R. Hunter, Pres, CEO & Director (Age 55)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 51)
  • Mr. Krishnan Anand, Chief Growth Officer (Age 60)
  • Mr. Gavin D. K. Hattersley, Pres & CEO of Millercoors LLC (Age 55)
  • Mr. Peter Joseph Coors, Sr. Mang. of International Craft Brewing Devel. - Supply Chain & Director (Age 41)

Has Molson Coors Brewing Co Class B been receiving favorable news coverage?

News coverage about TAP stock has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Molson Coors Brewing Co Class B earned a daily sentiment score of 0.22 on Accern's scale. They also assigned news stories about the company an impact score of 46.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Molson Coors Brewing Co Class B's major shareholders?

Molson Coors Brewing Co Class B's stock is owned by many different of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (0.14%), NN Investment Partners Holdings N.V. (0.04%), Adams Asset Advisors LLC (0.04%), Retirement Systems of Alabama (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%) and Thompson Investment Management Inc. (0.02%). Company insiders that own Molson Coors Brewing Co Class B stock include Andrew Thomas Molson, Brian Tabolt, Gavin Hattersley, Geoffrey E Molson, Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Institutional Ownership Trends for Molson Coors Brewing Co Class B.

Which major investors are selling Molson Coors Brewing Co Class B stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Clinton Group Inc., BKD Wealth Advisors LLC, Retirement Systems of Alabama, Midas Management Corp and Gateway Investment Advisers LLC. Company insiders that have sold Molson Coors Brewing Co Class B company stock in the last year include Gavin Hattersley, Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Insider Buying and Selling for Molson Coors Brewing Co Class B.

Which major investors are buying Molson Coors Brewing Co Class B stock?

TAP stock was purchased by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC, Deprince Race & Zollo Inc., NN Investment Partners Holdings N.V., Manning & Napier Group LLC, Thompson Investment Management Inc., Cito Capital Group LLC, State of Alaska Department of Revenue and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Molson Coors Brewing Co Class B.

How do I buy shares of Molson Coors Brewing Co Class B?

Shares of TAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Molson Coors Brewing Co Class B's stock price today?

One share of TAP stock can currently be purchased for approximately $67.00.

How big of a company is Molson Coors Brewing Co Class B?

Molson Coors Brewing Co Class B has a market capitalization of $14.69 billion and generates $13.47 billion in revenue each year. The company earns $1.41 billion in net income (profit) each year or $4.47 on an earnings per share basis. Molson Coors Brewing Co Class B employs 17,200 workers across the globe.

How can I contact Molson Coors Brewing Co Class B?

Molson Coors Brewing Co Class B's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The company can be reached via phone at 303-927-2337 or via email at [email protected]


MarketBeat Community Rating for Molson Coors Brewing Co Class B (NYSE TAP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  334 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  669
MarketBeat's community ratings are surveys of what our community members think about Molson Coors Brewing Co Class B and other stocks. Vote "Outperform" if you believe TAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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