About Molson Coors Brewing (NYSE:TAP)
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.
Industry, Sector and Symbol
Trailing P/E Ratio11.2224124765357
Forward P/E Ratio13.98
Sales & Book Value
Annual Sales$13.47 billion
Price / Sales1.15
Cash Flow$8.13 per share
Price / Cash8.88
Book Value$62.37 per share
Price / Book1.16
Net Income$1.41 billion
Return on Equity7.55%
Return on Assets3.14%
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 declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 5th will be paid a dividend of $0.41 per share on Thursday, March 15th. This represents a $1.64 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Friday, March 2nd. View Molson Coors Brewing's Dividend History.
How were Molson Coors Brewing's earnings last quarter?
Molson Coors Brewing Co (NYSE:TAP) announced its earnings results on Wednesday, February, 14th. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.06. The firm had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.60 billion. Molson Coors Brewing had a net margin of 10.34% and a return on equity of 7.55%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 earnings per share. View Molson Coors Brewing's Earnings History.
When will Molson Coors Brewing make its next earnings announcement?
Where is Molson Coors Brewing's stock going? Where will Molson Coors Brewing's stock price be in 2018?
11 brokers have issued 1-year price objectives for Molson Coors Brewing's stock. Their forecasts range from $78.00 to $112.00. On average, they expect Molson Coors Brewing's share price to reach $95.91 in the next twelve months. View Analyst Ratings for Molson Coors Brewing.
Are investors shorting Molson Coors Brewing?
Molson Coors Brewing saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 4,578,342 shares, an increase of 44.2% from the February 15th total of 3,175,325 shares. Based on an average trading volume of 1,692,893 shares, the short-interest ratio is presently 2.7 days. Approximately 2.7% of the shares of the company are short sold.
Who are some of Molson Coors Brewing's key competitors?
Some companies that are related to Molson Coors Brewing include Brown-Forman (BF.B), Brown-Forman (BF.A), Kirin (KNBWY), Dr Pepper Snapple Group (DPS), Coca-Cola European Partners (CCE), Carlsberg A/S (CABGY), Coca-Cola FEMSA (KOF), Coca Cola HBC (CCHGY), Davide Campari Milano (DVDCY), Remy Cointreau (REMYY), Compania Cervecerias Unidas (CCU), Coca-Cola Amatil (CCLAY), National Beverage (FIZZ), Tsingtao Brewery (TSGTY), Britvic (BTVCY), Embotelladora Andina (AKO.B), Boston Beer (SAM) and Cott (COT).
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. 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)
- Mr. Brian C. Tabolt, VP, Controller & Chief Accounting Officer (Age 37)
Has Molson Coors Brewing been receiving favorable news coverage?
Headlines about TAP stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Molson Coors Brewing earned a daily sentiment score of 0.18 on Accern's scale. They also gave news coverage about the company an impact score of 46.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Molson Coors Brewing's major shareholders?
Molson Coors Brewing's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (5.49%), BlackRock Inc. (5.31%), Independent Franchise Partners LLP (4.04%), Maverick Capital Ltd. (1.73%), Wells Fargo & Company MN (1.67%) and Geode Capital Management LLC (0.92%). Company insiders that own Molson Coors Brewing stock include Andrew Thomas Molson, Brenda Davis, 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 Bank of New York Mellon Corp, OppenheimerFunds Inc., Fred Alger Management Inc., American Century Companies Inc., First Trust Advisors LP, TIAA CREF Investment Management LLC, Metropolitan Life Insurance Co. NY and Cambiar Investors LLC. Company insiders that have sold Molson Coors Brewing company stock in the last year include Gavin Hattersley, 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 bought by a variety of institutional investors in the last quarter, including Independent Franchise Partners LLP, Maverick Capital Ltd., Champlain Investment Partners LLC, Two Sigma Investments LP, Renaissance Technologies LLC, Wells Fargo & Company MN, BlackRock Inc. and Guggenheim Capital LLC. 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 $72.16.
How big of a company is Molson Coors Brewing?
Molson Coors Brewing has a market capitalization of $16.04 billion and generates $13.47 billion in revenue each year. The company earns $1.41 billion in net income (profit) each year or $6.43 on an earnings per share basis. Molson Coors Brewing employs 17,200 workers across the globe.
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 (TAP)MarketBeat's community ratings are surveys of what our community members think about Molson Coors Brewing and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.