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DOW   30,996.98
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NYSE:TAP

Molson Coors Beverage Stock Forecast, Price & News

$50.52
-0.13 (-0.26 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$49.95
Now: $50.52
$50.72
50-Day Range
$44.42
MA: $47.83
$53.50
52-Week Range
$32.11
Now: $50.52
$61.94
Volume1.28 million shs
Average Volume2.07 million shs
Market Capitalization$20.50 billion
P/E Ratio18.78
Dividend YieldN/A
Beta1.14
Molson Coors Beverage 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, Hop Valley, Leinenkugel's, Peroni Nastro Azurro, Pilsner Urquell, Revolver, Saint Archer, Sol, Terrapin, Crispin, Smith & Forge, Arnold Palmer Spiked, Cape Line, Henry's Hard, Redd's, and Steel Reserve Alloy Series brands. It also offers various brands, such as Belgian Moon, Coors Original, Aquarelle, Carling, Carling Black Label, Coors Edge, Coors Slice, Exel, Mad Jack, Molson Canadian, Molson Dry, Molson Export, Molson Ultra, Old Style Pilsner, Rickard's, Brasseurs de Montréal, Creemore Springs, Granville Island, Le Trou du Diable, Heineken, Heineken 0.0, Strongbow cider, Dos Equis, and Moretti. In addition, the company provides its products under the Staropramen, Bergenbier, Borsodi, Jelen, Kamenitza, Niksicko, Ozujsko, Aspall Cider, Bavaria, Beck's, Branik, Cobra, Corona Extra, Lowenbrau, Pardubicky Pivovar, Rekorderlig cider, Sharp's Doom Bar, and Stella Artois brand names. Further, it offers its products under the Thunderbolt, Carling Strong, Miller Ace, Miller Chill, Miller Ultra, Singha, and Zima brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1873 and is headquartered in Denver, Colorado.
Molson Coors Beverage logo

MarketRank

Overall MarketRank

1.26 out of 5 stars

Consumer Staples Sector

117th out of 301 stocks

Malt Beverages Industry

7th out of 15 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Malt beverages
Sub-IndustryBrewers
CUSIP60871R20
Phone303-927-2337
Employees17,700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.01 billion
Cash Flow$8.30 per share
Book Value$63.21 per share

Profitability

Net Income$241.70 million

Miscellaneous

Market Cap$20.50 billion
Next Earnings Date2/11/2021 (Confirmed)
OptionableOptionable
$50.52
-0.13 (-0.26 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Molson Coors Beverage (NYSE:TAP) Frequently Asked Questions

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. Since then, TAP shares have increased by 23.4% and is now trading at $50.52.
View which stocks have been most impacted by COVID-19
.

Is Molson Coors Beverage a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last year. There are currently 2 sell ratings, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Molson Coors Beverage wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

When is Molson Coors Beverage's next earnings date?

Molson Coors Beverage is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Molson Coors Beverage
.

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

Molson Coors Beverage will be holding an earnings conference call on Thursday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Molson Coors Beverage's earnings last quarter?

Molson Coors Beverage (NYSE:TAP) posted its quarterly earnings results on Thursday, October, 29th. The company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.60. The business had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.66 billion. Molson Coors Beverage had a net margin of 4.86% and a trailing twelve-month return on equity of 7.35%. The firm's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business posted $1.48 EPS.
View Molson Coors Beverage's earnings history
.

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

Molson Coors Beverage announced a quarterly dividend on Thursday, February 20th. Investors 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 annualized dividend and a yield of 4.51%. The ex-dividend date is Friday, March 6th.
View Molson Coors Beverage's dividend history
.

What price target have analysts set for TAP?

14 Wall Street analysts have issued 1-year price targets for Molson Coors Beverage's shares. Their forecasts range from $31.00 to $62.00. On average, they anticipate Molson Coors Beverage's stock price to reach $49.38 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts' price targets for Molson Coors Beverage
or view Wall Street analyst' top-rated stocks.

Who are some of Molson Coors Beverage's key 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).

Who are Molson Coors Beverage's key executives?

Molson Coors Beverage's management team includes the following people:
  • Mr. Gavin D. K. Hattersley, Pres, CEO & Director (Age 58, Pay $2.19M)
  • Ms. Tracey I. Joubert, Chief Financial Officer (Age 54, Pay $1.28M)
  • Mr. E. Lee Reichert, Chief Legal & Gov. Affairs Officer and Sec. (Age 54, Pay $1.03M)
  • Ms. Michelle St. Jacques, Chief Marketing Officer (Age 43, Pay $2.43M)
  • Mr. Simon J. Cox, Pres & CEO of Molson Coors Europe (Age 53, Pay $756.63k)
  • Mr. Dave Osswald, Chief People and Diversity Officer
  • Mr. Kevin Doyle, Pres of U.S. Sales
  • Mr. Brian Erhardt, Chief Supply Chain Officer
  • Mr. Peter John Marino, Pres of Emerging Growth (Age 48)
  • Mr. Adam Collins, Chief Communications & Corp. Affairs Officer

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 investors include Wedge Capital Management L L P NC (0.16%), Capital Investment Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%), Thompson Investment Management Inc. (0.02%), Pacer Advisors Inc. (0.02%) and DNB Asset Management AS (0.01%). Company insiders that own Molson Coors Beverage stock include Andrew Thomas Molson, Brian Tabolt, James A Winnefeld Jr, Louis Vachon, Mark Hunter, 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 Wedge Capital Management L L P NC, Pacer Advisors Inc., NuWave Investment Management LLC, State of Alaska Department of Revenue, Capital Investment Advisors LLC, DNB Asset Management AS, Candriam Luxembourg S.C.A., and DORCHESTER WEALTH MANAGEMENT Co. Company insiders that have sold Molson Coors Beverage company stock in the last year include Andrew Thomas Molson, and Peter H Coors.
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 Kestra Advisory Services LLC, Mission Wealth Management LP, Gilman Hill Asset Management LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Diversified Trust Co, Sowell Financial Services LLC, and Red Spruce Capital LLC. 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.

What is Molson Coors Beverage's stock price today?

One share of TAP stock can currently be purchased for approximately $50.52.

How big of a company is Molson Coors Beverage?

Molson Coors Beverage has a market capitalization of $20.50 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 Beverage employs 17,700 workers across the globe.

What is Molson Coors Beverage's official website?

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

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 303-927-2337 or via email at [email protected]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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