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

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

Molson Coors Brewing declared a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 9th will be given a dividend of $0.57 per share on Friday, March 20th. This represents a $2.28 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Friday, March 6th. View Molson Coors Brewing's Dividend History.

Molson Coors Brewing Co (NYSE:TAP) issued its earnings results on Wednesday, February, 12th. The company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.24. The firm earned $2.49 billion during the quarter, compared to analyst estimates of $2.48 billion. Molson Coors Brewing had a net margin of 1.86% and a return on equity of 7.15%. Molson Coors Brewing's quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.84 earnings per share. View Molson Coors Brewing's Earnings History.

Molson Coors Brewing is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Molson Coors Brewing.

14 Wall Street analysts have issued 12-month target prices for Molson Coors Brewing's stock. Their forecasts range from $46.00 to $65.00. On average, they anticipate Molson Coors Brewing's share price to reach $54.82 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Molson Coors Brewing.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Brewing in the last year. There are currently 5 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Molson Coors Brewing.

Press coverage about TAP stock has trended extremely negative on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Molson Coors Brewing earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Molson Coors Brewing.

Molson Coors Brewing saw a decline in short interest during the month of February. As of February 14th, there was short interest totalling 11,640,000 shares, a decline of 13.9% from the January 30th total of 13,520,000 shares. Based on an average trading volume of 1,640,000 shares, the days-to-cover ratio is currently 7.1 days. Currently, 6.7% of the shares of the stock are short sold. View Molson Coors Brewing's Current Options Chain.

Some companies that are related to Molson Coors Brewing include CARLSBERG AS/S (CABGY), Kirin (KNBWY), TSINGTAO BREWER/S (TSGTY), San Miguel (SMGBY), Boston Beer (SAM), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), New Age Beverages (NBEV), Big Rock Brewery (BRBMF) and Athena Silver (AHNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Molson Coors Brewing investors own include AT&T (T), Starbucks (SBUX), Walt Disney (DIS), Altria Group (MO), CVS Health (CVS), Home Depot (HD), Visa (V), Wells Fargo & Co (WFC), Netflix (NFLX) and Chevron (CVX).

Molson Coors Brewing's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.33%), LSV Asset Management (2.15%), Geode Capital Management LLC (1.36%), Bank of New York Mellon Corp (1.24%), Clarkston Capital Partners LLC (1.11%) and Amundi Pioneer Asset Management Inc. (1.05%). Company insiders that own Molson Coors Brewing stock include Brian Tabolt, Krishnan Anand, Mark Hunter and Simon Cox. View Institutional Ownership Trends for Molson Coors Brewing.

TAP stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Strs Ohio, Marshall Wace North America L.P., Diamond Hill Capital Management Inc., Boston Partners, Equity Investment Corp, Bank of America Corp DE and Schroder Investment Management Group. Company insiders that have sold Molson Coors Brewing company stock in the last year include Brian Tabolt and Mark Hunter. View Insider Buying and Selling for Molson Coors Brewing.

TAP stock was bought by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, M&G Investment Management Ltd., Russell Investments Group Ltd., State Street Corp, Robeco Institutional Asset Management B.V. and Clarkston Capital Partners LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TAP stock can currently be purchased for approximately $50.01.

Molson Coors Brewing has a market capitalization of $10.82 billion and generates $13.01 billion in revenue each year. The company earns $241.70 million in net income (profit) each year or $4.54 on an earnings per share basis. Molson Coors Brewing employs 17,700 workers across the globe.View Additional Information About Molson Coors Brewing.

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

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]