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 announced a quarterly dividend on Thursday, November 21st. Shareholders 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 yield of 4.03%. The ex-dividend date is Friday, November 29th. View Molson Coors Brewing's Dividend History.

Molson Coors Brewing Co (NYSE:TAP) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.02. The business earned $2.84 billion during the quarter, compared to analysts' expectations of $2.87 billion. Molson Coors Brewing had a net margin of 1.19% and a return on equity of 6.86%. Molson Coors Brewing's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.84 earnings per share. View Molson Coors Brewing's Earnings History.

Molson Coors Brewing is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Molson Coors Brewing.

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.

14 brokerages have issued 12-month target prices for Molson Coors Brewing's stock. Their forecasts range from $50.00 to $63.00. On average, they expect Molson Coors Brewing's stock price to reach $54.73 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. 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.

Headlines about TAP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. 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 1.8 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 near future. View News Stories for Molson Coors Brewing.

Molson Coors Brewing saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 12,210,000 shares, an increase of 11.7% from the December 15th total of 10,930,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the short-interest ratio is currently 6.9 days. Approximately 7.1% of the shares of the company are sold short. 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), Home Depot (HD), Visa (V), CVS Health (CVS), Johnson & Johnson (JNJ), Altria Group (MO), Wells Fargo & Co (WFC) and Netflix (NFLX).

Molson Coors Brewing's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Centre Asset Management LLC (0.07%), Capital Investment Advisors LLC (0.05%), State of Alaska Department of Revenue (0.03%), Janney Montgomery Scott LLC (0.03%), Manning & Napier Group LLC (0.03%) and Sage Capital Advisors llc (0.03%). 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 Lucia Wealth Services LLC, DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Centre Asset Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue and Exane Derivatives. 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.

TAP stock was bought by a variety of institutional investors in the last quarter, including Sage Capital Advisors llc, Janney Montgomery Scott LLC, Capital Investment Advisors LLC, Fluent Financial LLC, NEXT Financial Group Inc, Red Spruce Capital LLC, GFS Advisors LLC and Commerzbank Aktiengesellschaft FI. 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 $56.53.

Molson Coors Brewing has a market capitalization of $12.23 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.

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]