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

$55.94
-0.18 (-0.32 %)
(As of 01/28/2020 06:00 AM ET)
Today's Range
$55.27
Now: $55.94
$56.40
50-Day Range
$50.81
MA: $54.17
$56.74
52-Week Range
$49.82
Now: $55.94
$67.24
Volume1.29 million shs
Average Volume1.57 million shs
Market Capitalization$12.10 billion
P/E Ratio78.79
Dividend Yield4.06%
Beta0.75
Molson Coors Brewing Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company sells various products under the Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, Hamm's, Icehouse, Keystone, Mickey's, Miller64, Miller High Life, Milwaukee's Best, Olde English, Steel Reserve, Grolsch, Hop Valley, Leinenkugel's, Peroni Nastro Azurro, Pilsner Urquell, Revolver, Saint Archer, Sol, Terrapin, Crispin, Smith & Forge, Arnold Palmer Spiked, Henry's Hard, Redd's, and Steel Reserve Alloy Series brands. Read More…

Industry, Sector and Symbol

Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
CUSIP60871R20
Phone303-927-2337

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.34 billion
Cash Flow$9.05 per share
Book Value$63.56 per share

Profitability

Net Income$1.12 billion

Miscellaneous

Employees17,750
Market Cap$12.10 billion
Next Earnings Date2/12/2020 (Confirmed)
OptionableOptionable

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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 Thursday, November 21st. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.57 per share on Friday, December 13th. This represents a $2.28 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Friday, November 29th. View Molson Coors Brewing's Dividend History.

How were Molson Coors Brewing's earnings last quarter?

Molson Coors Brewing Co (NYSE:TAP) issued its quarterly earnings data on Wednesday, October, 30th. The company reported $1.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.46 by $0.02. The company earned $2.84 billion during the quarter, compared to analysts' expectations of $2.87 billion. Molson Coors Brewing had a return on equity of 6.86% and a net margin of 1.19%. Molson Coors Brewing's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 EPS. 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 12th 2020. View Earnings Estimates for Molson Coors Brewing.

How can I listen to Molson Coors Brewing's earnings call?

Molson Coors Brewing will be holding an earnings conference call on Wednesday, February 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for TAP?

14 Wall Street analysts have issued 12 month target prices for Molson Coors Brewing's shares. Their forecasts range from $50.00 to $63.00. On average, they anticipate Molson Coors Brewing's share price to reach $54.73 in the next year. This suggests that the stock has a possible downside of 2.2%. View Analyst Price Targets for Molson Coors Brewing.

What is the consensus analysts' recommendation 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.

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 has underperformed the industry year to date due to a dismal surprise trend. Though the company beat earnings estimates in third-quarter 2019, both top and bottom lines declined year over year. This marked its fourth consecutive quarter of negative sales surprise. The top line was impacted by soft volume across all segments, owing to a challenging industry backdrop. This along with inflation, higher underlying effective tax rate and cycling a favorable resolution of a vendor dispute in the United States hurt earnings. However, the company’s revitalization plan, aimed at achieving sustainable sales growth by improving efficiency and unlocking resources to reinvest in business opportunities, bodes well. Its premiumization efforts, robust innovation pipeline and cost-saving efforts also appear encouraging." (11/4/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "TAP’s 4Q18 results fell short with revs/EBITDA -5% / -4% below Street est., w/sales below Street est." (2/12/2019)

Has Molson Coors Brewing been receiving favorable news coverage?

Headlines about TAP stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Molson Coors Brewing earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Molson Coors Brewing.

Are investors shorting Molson Coors Brewing?

Molson Coors Brewing saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 12,210,000 shares, an increase of 11.7% from the December 31st total of 10,930,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 7.1% of the shares of the company are sold short. View Molson Coors Brewing's Current Options Chain.

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

What other stocks do shareholders of Molson Coors Brewing own?

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), Home Depot (HD), Visa (V), Netflix (NFLX), CVS Health (CVS), Altria Group (MO), Wells Fargo & Co (WFC) and Johnson & Johnson (JNJ).

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 56)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 52)
  • Mr. Celso L. White, Chief Supply Chain Officer (Age 57)
  • Mr. Gavin D. K. Hattersley, Pres & CEO of MillerCoors LLC (Age 56)
  • Mr. Simon J. Cox, Pres & CEO of Molson Coors Europe (Age 51)

Who are Molson Coors Brewing's major shareholders?

Molson Coors Brewing's stock is owned by a number of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.18%), Strs Ohio (0.14%), New York State Teachers Retirement System (0.13%), Country Club Trust Company n.a. (0.08%), Centre Asset Management LLC (0.07%) and Capital Investment Advisors LLC (0.05%). 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.

Which institutional investors are selling Molson Coors Brewing stock?

TAP stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, James Investment Research Inc., Lucia Wealth Services LLC, California Public Employees Retirement System, DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC and Centre Asset Management LLC. Company insiders that have sold Molson Coors Brewing company stock in the last year include Brian Tabolt, Mark Hunter and Simon Cox. View Insider Buying and Selling for Molson Coors Brewing.

Which institutional investors are buying Molson Coors Brewing stock?

TAP stock was purchased by a variety of institutional investors in the last quarter, including W.E. Donoghue & Co. LLC, Sage Capital Advisors llc, Janney Montgomery Scott LLC, Capital Investment Advisors LLC, Fluent Financial LLC, NEXT Financial Group Inc, Red Spruce Capital LLC and Country Club Trust Company n.a.. 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, Robinhood, Fidelity and Charles Schwab.

What is Molson Coors Brewing's stock price today?

One share of TAP stock can currently be purchased for approximately $55.94.

How big of a company is Molson Coors Brewing?

Molson Coors Brewing has a market capitalization of $12.10 billion and generates $13.34 billion in revenue each year. The company earns $1.12 billion in net income (profit) each year or $5.04 on an earnings per share basis. Molson Coors Brewing employs 17,750 workers across the globe.View Additional Information About Molson Coors Brewing.

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:  432 (Vote Outperform)
Underperform Votes:  462 (Vote Underperform)
Total Votes:  894
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 1/28/2020 by MarketBeat.com Staff

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