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. Stockholders of record on Monday, March 9th will be paid a dividend of $0.57 per share on Friday, March 20th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend is Friday, March 6th. View Molson Coors Brewing's Dividend History.

Molson Coors Brewing Co (NYSE:TAP) announced its earnings results on Wednesday, February, 12th. The company reported $1.02 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.24. The company earned $2.49 billion during the quarter, compared to analyst estimates of $2.48 billion. Molson Coors Brewing had a return on equity of 7.15% and a net margin of 1.86%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 brokerages have issued 1-year target prices for Molson Coors Brewing's shares. Their forecasts range from $46.00 to $65.00. On average, they anticipate Molson Coors Brewing's stock price to reach $54.82 in the next year. This suggests a possible upside of 1.1% 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.

News headlines about TAP stock have been trending neutral this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Molson Coors Brewing earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Molson Coors Brewing.

Molson Coors Brewing saw a increase in short interest in January. As of January 31st, there was short interest totalling 13,520,000 shares, an increase of 10.7% from the January 15th total of 12,210,000 shares. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is currently 7.6 days. Currently, 7.8% of the company's 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 a variety of 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 purchased 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 $54.20.

Molson Coors Brewing has a market capitalization of $11.73 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]