Lowest-Rated Stocks NYSE:TAP Molson Coors Beverage - TAP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Molson Coors Beverage Please log in to your account or sign up in order to add this asset to your watchlist. $51.01 +0.31 (+0.61%) (As of 03/27/2023 10:09 AM ET) Add Compare Share Share Today's Range$50.98▼$51.4650-Day Range$49.03▼$54.3552-Week Range$46.69▼$60.12Volume99,438 shsAverage Volume1.70 million shsMarket Capitalization$11.03 billionP/E RatioN/ADividend Yield3.22%Price Target$53.82 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Molson Coors Beverage MarketRank™ ForecastAnalyst RatingHold1.92 Rating ScoreUpside/Downside6.2% Upside$53.82 Price TargetShort InterestHealthy4.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.07Upright™ Environmental ScoreNews Sentiment0.72Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth7.58%From $4.09 to $4.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.01 out of 5 starsConsumer Staples Sector89th out of 136 stocksMalt Beverages Industry1st out of 4 stocks 2.0 Analyst's Opinion Consensus RatingMolson Coors Beverage has received a consensus rating of Hold. The company's average rating score is 1.92, and is based on 3 buy ratings, 6 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.82, Molson Coors Beverage has a forecasted upside of 6.2% from its current price of $50.70.Amount of Analyst CoverageMolson Coors Beverage has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.21% of the float of Molson Coors Beverage has been sold short.Short Interest Ratio / Days to CoverMolson Coors Beverage has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Molson Coors Beverage has recently decreased by 7.53%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldMolson Coors Beverage pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMolson Coors Beverage has only been increasing its dividend for 2 years.Dividend SustainabilityBased on earnings estimates, Molson Coors Beverage will have a dividend payout ratio of 37.27% next year. This indicates that Molson Coors Beverage will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMolson Coors Beverage has received a -211.45% net impact score from Upright. The largest negative impact of Molson Coors Beverage in category "Physical diseases" seems to be driven mostly by its "Beer in a plastic bottle made of virgin materials", "Beer in a glass bottle made of virgin materials", and "Beer in a can made of virgin materials" products. See details.Environmental SustainabilityThe Environmental Impact score for Molson Coors Beverage is -2.07. Previous Next 3.2 News and Social Media Coverage News SentimentMolson Coors Beverage has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Molson Coors Beverage this week, compared to 5 articles on an average week.Search InterestOnly 11 people have searched for TAP on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.MarketBeat Follows8 people have added Molson Coors Beverage to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Molson Coors Beverage insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of Molson Coors Beverage is held by insiders.Percentage Held by Institutions76.24% of the stock of Molson Coors Beverage is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Molson Coors Beverage are expected to grow by 7.58% in the coming year, from $4.09 to $4.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Molson Coors Beverage is -61.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Molson Coors Beverage is -61.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioMolson Coors Beverage has a PEG Ratio of 3.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMolson Coors Beverage has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Molson Coors Beverage (NYSE:TAP) StockMolson Coors Beverage Co. is a holding company, which engages in the production and sale of beer. It operates through the following segments: Americas, and EMEA and APAC. The Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin, and South America. The EMEA and APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the UK, various other European countries, and certain countries within the Middle East, Africa, and Asia Pacific. The company was founded in 1786 and is headquartered in Golden, CO.Read More Receive TAP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Molson Coors Beverage and its competitors with MarketBeat's FREE daily newsletter. Email Address TAP Stock News HeadlinesMarch 23, 2023 | finance.yahoo.comCoors Turns Its April Fool's Day Joke Into a Real ProductMarch 23, 2023 | finance.yahoo.comWhy Is Molson Coors (TAP) Down 5.6% Since Last Earnings Report?March 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 22, 2023 | marketwatch.comHow the price action of Molson Coors Beverage Co ($TAP) is used to our AdvantageMarch 21, 2023 | finance.yahoo.comSIMPLY SPIKED™ PEACH IS MAKING LATE NIGHT JUICY CALLS TO BRING FANS THE FIRST TASTE OF ITS FOUR NEW FLAVORSMarch 21, 2023 | finance.yahoo.comMolson Coors Beverage Company (NYSE:TAP) is a favorite amongst institutional investors who own 80%March 20, 2023 | americanbankingnews.comMolson Coors Beverage (NYSE:TAP) Price Target Lowered to $47.00 at Deutsche Bank AktiengesellschaftMarch 19, 2023 | americanbankingnews.comMolson Coors Beverage (NYSE:TAP) Now Covered by Analysts at StockNews.comMarch 27, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 16, 2023 | marketwatch.comMolson Coors Beverage Co. Cl B stock falls Thursday, underperforms marketMarch 8, 2023 | msn.comMolson Coors stock spikes on what looks like misplaced takeover chatterMarch 8, 2023 | msn.comMolson Coors gains amid takeover speculationMarch 8, 2023 | benzinga.comMolson Coors Beverage Unusual Options ActivityMarch 8, 2023 | finance.yahoo.comMolson Coors stock trends higher following misplaced takeover speculationMarch 6, 2023 | finance.yahoo.comSIMPLY SPIKED™ IS BACK WITH NEW JUICY PEACH FLAVORS ARRIVING THIS SPRINGMarch 1, 2023 | marketwatch.comMolson Coors Beverage Co. Cl B stock falls Wednesday, still outperforms marketMarch 1, 2023 | bizjournals.comMolson Coors staff changes accompany business restructuring affecting 'beyond beer' brandsMarch 1, 2023 | bizjournals.comMolson Coors appeals call to discontinue Miller Lite ad claim that sparked ire of A-BMarch 1, 2023 | bizjournals.comMolson Coors centralizes commercial businessMarch 1, 2023 | marketwatch.comMolson Coors Beverage Co. Cl B stock falls Tuesday, underperforms marketFebruary 28, 2023 | finance.yahoo.comMolson Coors Beverage Company Creates Commercial Business Function in the AmericasFebruary 25, 2023 | finance.yahoo.comWhy It Might Not Make Sense To Buy Molson Coors Beverage Company (NYSE:TAP) For Its Upcoming DividendFebruary 25, 2023 | finance.yahoo.comMolson Coors Canada (TSE:TPX.B) Is Increasing Its Dividend To $0.553February 24, 2023 | finance.yahoo.comMolson Coors Canada Reports Full Year 2022 EarningsFebruary 23, 2023 | finance.yahoo.comMolson Coors Beverage Company (NYSE:TAP) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comMolson Coors Told to Stop Saying Rivals’ Beer Tastes Like WaterFebruary 23, 2023 | seekingalpha.comMolson Coors Beverage Company (TAP) Q4 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TAP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Molson Coors Beverage and its competitors with MarketBeat's FREE daily newsletter. Email Address TAP Company Calendar Last Earnings2/21/2023Ex-Dividend for 3/17 Dividend3/02/2023Dividend Payable3/17/2023Today3/27/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Malt beverages Sub-IndustryBrewers SectorConsumer Staples Current SymbolNYSE:TAP CUSIP60871R20 CIK24545 Webwww.molsoncoors.com Phone(303) 279-6565Fax302-655-5049Employees16,600Year Founded1786Price Target and Rating Average Stock Price Forecast$53.82 High Stock Price Forecast$60.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+6.2%Consensus RatingHold Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.82) Trailing P/E RatioN/A Forward P/E Ratio12.40 P/E Growth3.19Net Income$-175,300,000.00 Net Margins-1.37% Pretax Margin-0.58% Return on Equity6.65% Return on Assets3.32% Debt Debt-to-Equity Ratio0.48 Current Ratio0.78 Quick Ratio0.55 Sales & Book Value Annual Sales$12.81 billion Price / Sales0.86 Cash Flow$11.24 per share Price / Cash Flow4.51 Book Value$59.71 per share Price / Book0.85Miscellaneous Outstanding Shares216,290,000Free Float211,316,000Market Cap$10.97 billion OptionableOptionable Beta0.83 Social Links Key ExecutivesGavin D. K. HattersleyPresident, Chief Executive Officer & DirectorTracey I. JoubertChief Financial OfficerRoxanne StelterVice President & ControllerRahul GoyalChief Strategy OfficerBrian ErhardtChief Supply Chain OfficerKey CompetitorsBoston BeerNYSE:SAMAlbertsons CompaniesNYSE:ACIService Co. InternationalNYSE:SCICotyNYSE:COTYDarling IngredientsNYSE:DARView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 854 shares on 3/23/2023Ownership: 0.023%ETF Managers Group LLCBought 11,667 shares on 3/23/2023Ownership: 0.005%Victory Capital Management Inc.Bought 27,970 shares on 3/10/2023Ownership: 0.195%Rockefeller Capital Management L.P.Bought 4,840 shares on 3/6/2023Ownership: 0.010%OLD Mission Capital LLCBought 867 shares on 3/6/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TAP Stock - Frequently Asked Questions Should I buy or sell Molson Coors Beverage stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last twelve months. There are currently 4 sell ratings, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAP, but not buy additional shares or sell existing shares. View TAP analyst ratings or view top-rated stocks. What is Molson Coors Beverage's stock price forecast for 2023? 13 Wall Street research analysts have issued 1-year price targets for Molson Coors Beverage's shares. Their TAP share price forecasts range from $47.00 to $60.00. On average, they anticipate the company's stock price to reach $53.82 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View analysts price targets for TAP or view top-rated stocks among Wall Street analysts. How have TAP shares performed in 2023? Molson Coors Beverage's stock was trading at $51.52 at the beginning of 2023. Since then, TAP stock has decreased by 1.6% and is now trading at $50.70. View the best growth stocks for 2023 here. When is Molson Coors Beverage's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our TAP earnings forecast. How were Molson Coors Beverage's earnings last quarter? Molson Coors Beverage (NYSE:TAP) posted its quarterly earnings data on Tuesday, February, 21st. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.24. The company had revenue of $2.63 billion for the quarter, compared to analysts' expectations of $2.65 billion. Molson Coors Beverage had a negative net margin of 1.37% and a positive trailing twelve-month return on equity of 6.65%. Molson Coors Beverage's revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS. Read the conference call transcript. How often does Molson Coors Beverage pay dividends? What is the dividend yield for Molson Coors Beverage? Molson Coors Beverage announced a quarterly dividend on Monday, February 20th. Investors of record on Friday, March 3rd will be paid a dividend of $0.41 per share on Friday, March 17th. This represents a $1.64 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 2nd. This is a positive change from the stock's previous quarterly dividend of $0.38. Read our dividend analysis for TAP. What ETFs hold Molson Coors Beverage's stock? ETFs with the largest weight of Molson Coors Beverage (NYSE:TAP) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), First Trust Consumer Staples AlphaDEX Fund (FXG), AdvisorShares Vice ETF (VICE), VegTech Plant-based Innovation & Climate ETF (EATV), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco Dynamic Food & Beverage ETF (PBJ) and B.A.D. Etf (BAD). Is Molson Coors Beverage a good dividend stock? Molson Coors Beverage (NYSE:TAP) pays an annual dividend of $1.64 per share and currently has a dividend yield of 3.23%. Read our dividend analysis for TAP. What is Gavin Hattersley's approval rating as Molson Coors Beverage's CEO? 30 employees have rated Molson Coors Beverage Chief Executive Officer Gavin Hattersley on Glassdoor.com. Gavin Hattersley has an approval rating of 63% among the company's employees. This puts Gavin Hattersley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Molson Coors Beverage own? Based on aggregate information from My MarketBeat watchlists, some companies that other Molson Coors Beverage investors own include AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Bank of America (BAC), Intel (INTC), CVS Health (CVS), Walt Disney (DIS), Altria Group (MO), Starbucks (SBUX) and Wells Fargo & Company (WFC). What is Molson Coors Beverage's stock symbol? Molson Coors Beverage trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAP." Who are Molson Coors Beverage's major shareholders? Molson Coors Beverage's stock is owned by a number of retail and institutional investors. Top institutional investors include LSV Asset Management (3.51%), Geode Capital Management LLC (1.76%), Dimensional Fund Advisors LP (1.46%), Morgan Stanley (1.20%), First Trust Advisors LP (0.92%) and AQR Capital Management LLC (0.89%). Insiders that own company stock include Andrew Thomas Molson, James A Winnefeld Jr, Louis Vachon and Simon Cox. View institutional ownership trends. How do I buy shares of Molson Coors Beverage? Shares of TAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Molson Coors Beverage's stock price today? One share of TAP stock can currently be purchased for approximately $50.70. How much money does Molson Coors Beverage make? Molson Coors Beverage (NYSE:TAP) has a market capitalization of $10.97 billion and generates $12.81 billion in revenue each year. The company earns $-175,300,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. How many employees does Molson Coors Beverage have? The company employs 16,600 workers across the globe. Does Molson Coors Beverage have any subsidiaries? The following companies are subsidiares of Molson Coors Beverage: 3230600 Nova Scotia Company, Alwater Brewery, CBC Holdco 2 LLC, CBC Holdco 3 Inc., CBC Holdco LLC, Clearly Komucha, Coors Brewing Company d/b/a Molson Coors International , Coors International Holdco 2 ULC, Golden Acquisition, MillerCoors LLC, MillerCoors USA LLC, Molson Canada 2005, Molson Coors (Barbados) SRL, Molson Coors (UK) Holdings LLP, Molson Coors Brewing Company (UK) Limited, Molson Coors Callco ULC, Molson Coors Canada Holdco ULC, Molson Coors Canada Inc., Molson Coors Europe Holdings B.V., Molson Coors Holdco Inc., Molson Coors Holdings Limited, Molson Coors International General ULC, Molson Coors International LP, Molson Coors Netherlands B.V. f/k/a Starbev Netherlands B.V., Molson ULC f/k/a Molson Inc., Newco3 Inc., Pivovary Staropramen s.r.o. f/k/a Molson Coors Czech s.r.o., and Starbev Netherlands.Read More How can I contact Molson Coors Beverage? Molson Coors Beverage's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The official website for the company is www.molsoncoors.com. The company can be reached via phone at (303) 279-6565, via email at mcbcinvestorrelations@molsoncoors.com, or via fax at 302-655-5049. This page (NYSE:TAP) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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