Molson Coors Beverage Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Molson Coors Beverage stock. 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.
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Wall Street analysts have given Molson Coors Beverage a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Molson Coors Beverage wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Molson Coors Beverage.

Molson Coors Beverage (NYSE:TAP) issued its quarterly earnings results on Thursday, April, 29th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.13. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.86 billion. Molson Coors Beverage had a negative net margin of 6.54% and a positive trailing twelve-month return on equity of 5.91%.
View Molson Coors Beverage's earnings history.

Molson Coors Beverage's stock was trading at $40.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TAP shares have increased by 46.5% and is now trading at $59.96.
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10 Wall Street analysts have issued 1 year price objectives for Molson Coors Beverage's stock. Their forecasts range from $40.00 to $74.00. On average, they expect Molson Coors Beverage's stock price to reach $53.08 in the next twelve months. This suggests that the stock has a possible downside of 11.5%.
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30 employees have rated Molson Coors Beverage CEO Gavin Hattersley on Glassdoor.com. Gavin Hattersley has an approval rating of 63% among Molson Coors Beverage's employees. This puts Gavin Hattersley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Molson Coors Beverage include Carlsberg A/S (CABGY), Kirin (KNBWY), Tsingtao Brewery (TSGTY), The Boston Beer (SAM), San Miguel (SMGBY), Compañía Cervecerías Unidas (CCU), NewAge (NBEV), Big Rock Brewery (BRBMF), China New Borun (BORNY) and Mendocino Brewing (MENB).
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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), The Walt Disney (DIS), Altria Group (MO), Starbucks (SBUX) and Wells Fargo & Company (WFC).

Molson Coors Beverage trades on the New York Stock Exchange (NYSE) under the ticker symbol "TAP."

Molson Coors Beverage's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.42%), LSV Asset Management (2.54%), Capital International Investors (2.11%), Geode Capital Management LLC (1.60%), Champlain Investment Partners LLC (1.52%) and River Road Asset Management LLC (1.42%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, Brian Tabolt, James A Winnefeld Jr, Louis Vachon, Peter H Coors and Simon Cox.
View institutional ownership trends for Molson Coors Beverage.

TAP stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Thompson Siegel & Walmsley LLC, Wedge Capital Management L L P NC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Los Angeles Capital Management LLC, Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have sold Molson Coors Beverage company stock in the last year include Andrew Thomas Molson, and Simon Cox.
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TAP stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., River Road Asset Management LLC, Champlain Investment Partners LLC, Schroder Investment Management Group, Allianz Asset Management GmbH, Pendal Group Limited, Capital International Investors, and O Shaughnessy Asset Management LLC. Company insiders that have bought Molson Coors Beverage stock in the last two years include James A Winnefeld Jr, and Louis Vachon.
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Shares of TAP 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.
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One share of TAP stock can currently be purchased for approximately $59.96.

Molson Coors Beverage has a market capitalization of $13.01 billion and generates $11.72 billion in revenue each year. The company earns $-949,000,000.00 in net income (profit) each year or $3.92 on an earnings per share basis.

Molson Coors Beverage employs 17,000 workers across the globe.

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.

Molson Coors Beverage was founded in 1786.

The official website for Molson Coors Beverage is www.molsoncoors.com.

Molson Coors Beverage is headquartered at 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202.

Molson Coors Beverage's mailing address is 1801 CALIFORNIA STREET SUITE 4600, DENVER CO, 80202. The company can be reached via phone at (303) 279-6565 or via email at [email protected]