NYSE:TAP - Molson Coors Brewing Stock Price, News, & Analysis

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$64.49 -1.01 (-1.54 %)
(As of 11/14/2018 08:41 AM ET)
Previous Close$65.50
Today's Range$64.17 - $66.11
52-Week Range$55.52 - $85.86
Volume1.53 million shs
Average Volume2.56 million shs
Market Capitalization$14.13 billion
P/E Ratio14.43
Dividend Yield2.50%
Beta0.56
Molson 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
Current SymbolNYSE:TAP
Previous Symbol
CUSIP60871R20
Phone303-927-2337

Debt

Debt-to-Equity Ratio0.64
Current Ratio0.64
Quick Ratio0.49

Price-To-Earnings

Trailing P/E Ratio14.43
Forward P/E Ratio12.98
P/E Growth2.91

Sales & Book Value

Annual Sales$13.47 billion
Price / Sales1.03
Cash Flow$8.2468 per share
Price / Cash7.82
Book Value$65.30 per share
Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$4.47
Net Income$1.41 billion
Net Margins12.05%
Return on Equity7.58%
Return on Assets3.43%

Miscellaneous

Employees17,200
Outstanding Shares215,770,000
Market Cap$14.13 billion
OptionableOptionable

Molson Coors Brewing (NYSE:TAP) Frequently Asked Questions

What is Molson Coors Brewing's stock symbol?

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

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

Molson Coors Brewing announced a quarterly dividend on Monday, July 16th. Stockholders 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 dividend yield of 2.54%. The ex-dividend date is Thursday, August 30th. View Molson Coors Brewing's Dividend History.

How were Molson Coors Brewing's earnings last quarter?

Molson Coors Brewing Co (NYSE:TAP) posted its earnings results on Wednesday, October, 31st. The company reported $1.84 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.59 by $0.25. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.92 billion. Molson Coors Brewing had a net margin of 12.05% and a return on equity of 7.58%. Molson Coors Brewing's revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $1.34 earnings per share. View Molson Coors Brewing's Earnings History.

When is Molson Coors Brewing's next earnings date?

Molson Coors Brewing is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Molson Coors Brewing.

What price target have analysts set for TAP?

13 brokerages have issued 12-month price targets for Molson Coors Brewing's shares. Their forecasts range from $55.00 to $96.00. On average, they anticipate Molson Coors Brewing's stock price to reach $74.0769 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets for Molson Coors Brewing.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Molson Coors Brewing.

What are Wall Street analysts saying about Molson Coors Brewing stock?

Here are some recent quotes from research analysts about Molson Coors Brewing stock:
  • 1. According to Zacks Investment Research, "Molson Coors outperformed the industry in the past three months as it delivered solid second-quarter 2018 results. It is gaining from focus on cost savings and premiumization. The company has been undertaking restructuring initiatives to reduce overhead costs and boost profitability. For 2018, the company expects cost savings of nearly $210 million, which forms part of its three-year savings goal of $600 million extending up to 2019. We also commend the company’s First Choice plan that aims to solidify and premiumize portfolio, enhance customer relations and generate significant profits from international businesses. However, persistent softness across its U.S. beer volumes owing to tough industry conditions has been hurting the top line. Further, rising input costs (mainly aluminum and fuel) and the impacts of the US-China trade war are likely to be a threat to bottom line." (10/26/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "$55 PT. We see protracted sales declines over FY18-22 centered on TAP’s challenged mainstream brand portfolio in a declining US beer market. Self-help" margin story could evolve, though we expect limited improvement within the lower half of TAP’s 30-60 bps p.a. target. (~18x EV/adj. ULFCF), we see risk to TAP’s multiple w/our FY19-20 EPS est. >7% below consensus and near-term balance sheet catalysts unlikely." (9/7/2018)

Has Molson Coors Brewing been receiving favorable news coverage?

Headlines about TAP stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Molson Coors Brewing earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the near term.

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

Who are Molson Coors Brewing's key executives?

Molson Coors Brewing'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)

Who are Molson Coors Brewing's major shareholders?

Molson Coors Brewing's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.54%), Independent Franchise Partners LLP (4.78%), Wells Fargo & Company MN (2.14%), FMR LLC (1.71%), FIL Ltd (1.46%) and Massachusetts Financial Services Co. MA (1.26%). Company insiders that own Molson Coors Brewing stock include 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.

Which major investors are selling Molson Coors Brewing stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., American Century Companies Inc., FMR LLC, Alliancebernstein L.P., FIL Ltd, Mitsubishi UFJ Trust & Banking Corp, Korea Investment CORP and Independent Franchise Partners LLP. Company insiders that have sold Molson Coors Brewing company stock in the last year include Krishnan Anand, Mark Hunter, Peter H Coors, Simon Cox and Tracey Joubert. View Insider Buying and Selling for Molson Coors Brewing.

Which major investors are buying Molson Coors Brewing stock?

TAP stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Becker Capital Management Inc., Renaissance Technologies LLC, Panagora Asset Management Inc., LSV Asset Management, Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd. and BlackRock Inc.. View Insider Buying and Selling for Molson Coors Brewing.

How do I buy shares of Molson Coors Brewing?

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's stock price today?

One share of TAP stock can currently be purchased for approximately $64.49.

How big of a company is Molson Coors Brewing?

Molson Coors Brewing has a market capitalization of $14.13 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 employs 17,200 workers across the globe.

What is Molson Coors Brewing's official website?

The official website for Molson Coors Brewing is http://www.molsoncoors.com.

How can I contact Molson Coors Brewing?

Molson Coors Brewing'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 (NYSE TAP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  364 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  743
MarketBeat's community ratings are surveys of what our community members think about Molson Coors Brewing 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 11/14/2018 by MarketBeat.com Staff

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