Molson Coors Beverage Stock Forecast, Price & News

Molson Coors Beverage (NYSE:TAP) Frequently Asked Questions

Is Molson Coors Beverage a buy right now?

9 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 3 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.
View analyst ratings for Molson Coors Beverage or view top-rated stocks.

What stocks does MarketBeat like better than Molson Coors Beverage?

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.
View MarketBeat's top stock picks here.

When is Molson Coors Beverage's next earnings date?

Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Molson Coors Beverage.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) announced its quarterly earnings results on Wednesday, July, 28th. The company reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.24. The firm had revenue of $2.94 billion for the quarter, compared to analysts' expectations of $2.88 billion. Molson Coors Beverage had a positive trailing twelve-month return on equity of 5.97% and a negative net margin of 4.63%.
View Molson Coors Beverage's earnings history.

How has Molson Coors Beverage's stock been impacted by Coronavirus (COVID-19)?

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 (WHO). Since then, TAP stock has increased by 13.6% and is now trading at $46.51.
View which stocks have been most impacted by COVID-19.

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

Molson Coors Beverage declared a quarterly dividend on Thursday, July 15th. Investors of record on Monday, August 30th will be given a dividend of $0.34 per share on Friday, September 17th. This represents a $1.36 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Friday, August 27th.
View Molson Coors Beverage's dividend history.

Is Molson Coors Beverage a good dividend stock?

Molson Coors Beverage pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.93%. The dividend payout ratio of Molson Coors Beverage is 34.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Molson Coors Beverage will have a dividend payout ratio of 32.23% next year. This indicates that Molson Coors Beverage will be able to sustain or increase its dividend.
View Molson Coors Beverage's dividend history.

What price target have analysts set for TAP?

9 Wall Street analysts have issued 1 year price objectives for Molson Coors Beverage's stock. Their forecasts range from $43.00 to $74.00. On average, they expect Molson Coors Beverage's share price to reach $55.36 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Molson Coors Beverage or view top-rated stocks among Wall Street analysts.

Who are Molson Coors Beverage's key executives?

Molson Coors Beverage's management team includes the following people:

• Gavin D. K. Hattersley, President, Chief Executive Officer & Director
• Tracey I. Joubert, Chief Financial Officer
• Roxanne Stelter, Chief Accounting Officer, VP & Controller
• Brenda Davis, Chief Integration Officer
• Rahul Goyal, Chief Strategy Officer

What is Gavin Hattersley's approval rating as Molson Coors Beverage's CEO?

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.

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

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).
View all of TAP's competitors.

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), The 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 many different institutional and retail investors. Top institutional shareholders include Dodge & Cox (14.48%), Vanguard Group Inc. (9.10%), BlackRock Inc. (7.20%), State Street Corp (3.83%), Clarkston Capital Partners LLC (2.86%) and LSV Asset Management (2.55%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, James A Winnefeld Jr, Louis Vachon, Peter H Coors and Simon Cox.
View institutional ownership trends for Molson Coors Beverage.

Which institutional investors are selling Molson Coors Beverage stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Clarkston Capital Partners LLC, River Road Asset Management LLC, First Trust Advisors LP, Thompson Siegel & Walmsley LLC, Barrow Hanley Mewhinney & Strauss LLC, Contrarius Investment Management Ltd, and Baird Financial Group Inc.. Company insiders that have sold Molson Coors Beverage company stock in the last year include Andrew Thomas Molson, and Simon Cox.
View insider buying and selling activity for Molson Coors Beverage or view top insider-selling stocks.

Which institutional investors are buying Molson Coors Beverage stock?

TAP stock was bought by a variety of institutional investors in the last quarter, including Amundi, Kettle Hill Capital Management LLC, Artemis Investment Management LLP, American Century Companies Inc., Healthcare of Ontario Pension Plan Trust Fund, Russell Investments Group Ltd., Vanguard Group Inc., and Alliancebernstein L.P.. Company insiders that have bought Molson Coors Beverage stock in the last two years include James A Winnefeld Jr, and Louis Vachon.
View insider buying and selling activity for Molson Coors Beverage or or view top insider-buying stocks.

How do I buy shares of Molson Coors Beverage?

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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What is Molson Coors Beverage's stock price today?

One share of TAP stock can currently be purchased for approximately $46.51.

How much money does Molson Coors Beverage make?

Molson Coors Beverage has a market capitalization of $10.09 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.

How many employees does Molson Coors Beverage have?

Molson Coors Beverage employs 17,000 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.

When was Molson Coors Beverage founded?

Molson Coors Beverage was founded in 1786.

What is Molson Coors Beverage's official website?

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

Where are Molson Coors Beverage's headquarters?

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

How can I contact Molson Coors Beverage?

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].