The Boston Beer Company, Inc. (SAM)

NYSE: SAM · Real-Time Price · USD
302.77
-5.82 (-1.89%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.89%
Market Cap 3.43B
Revenue (ttm) 2.00B
Net Income (ttm) 80.13M
Shares Out 11.32M
EPS (ttm) 6.70
PE Ratio 45.16
Forward PE 27.15
Dividend n/a
Ex-Dividend Date n/a
Volume 281,728
Open 308.00
Previous Close 308.59
Day's Range 302.76 - 310.47
52-Week Range 254.40 - 371.65
Beta 1.07
Analysts Hold
Price Target 319.00 (+5.36%)
Earnings Date Oct 24, 2024

About SAM

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores,... [Read more]

IPO Date Nov 20, 1995
Employees 2,793
Stock Exchange NYSE
Ticker Symbol SAM
Full Company Profile

Financial Performance

In 2023, The Boston Beer Company's revenue was $2.01 billion, a decrease of -3.91% compared to the previous year's $2.09 billion. Earnings were $76.10 million, an increase of 13.40%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $319.0, which is an increase of 5.36% from the latest price.

Price Target
$319.0
(5.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

BOSTON BEER UPDATES 2024 FINANCIAL GUIDANCE TO REFLECT SUPPLIER CONTRACT AMENDMENT

BOSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing initiatives to optimize its supply chain, The Boston Beer Company, Inc. (NYSE: SAM), today announced an amendment and restatement in it...

1 day ago - GlobeNewsWire

BOSTON BEER COMPANY LAUNCHES EMERALD HOUR, A NEW LINE OF NON-ALCOHOLIC CANNABIS COCKTAILS

NOW AVAILABLE IN DISPENSARIES ACROSS ONTARIO JUST IN TIME FOR DRY JANUARY NOW AVAILABLE IN DISPENSARIES ACROSS ONTARIO JUST IN TIME FOR DRY JANUARY

11 days ago - GlobeNewsWire

Twisted Tea Hard Iced Tea Releases 25 Days of Twistmas: A Holiday Countdown for Diehard Fans Looking to Unwrap the Fun, One Can at a Time

Twisted Tea is keeping it more twisted than ever with a 25-day holiday advent calendar available for a limited time Twisted Tea is keeping it more twisted than ever with a 25-day holiday advent calend...

5 weeks ago - GlobeNewsWire

Alcohol Stocks To Get A Boost From 2024 Election? Busy Liquor Stores Say Voters 'Drowning Their Sorrows Or Celebrating'

Donald Trump‘s 2024 presidential election win put several sectors in the spotlight, including alcohol stocks.

Other symbols: BUDDEOSTZTAP
6 weeks ago - Benzinga

Dogfish Head Drops Limited-Edition “24 Days of Dogfish Head” Package

The “24 Days of Dogfish Head” package is complete with all the beverages and merchandise needed to countdown to the holidays in delicious, boozy style The “24 Days of Dogfish Head” package is complete...

7 weeks ago - GlobeNewsWire

Boston Beer's Strategic Moves With Hard Mtn Dew And Twisted Tea Position It For 2025 Gains, Analysts Say

Boston Beer Company, Inc. SAM reported third-quarter results, with net revenue increasing 0.6% to $605.5 million and a gross margin of 46.3%, rising 60 basis points year over year.

2 months ago - Benzinga

The Boston Beer Company, Inc. (SAM) Q3 2024 Earnings Call Transcript

The Boston Beer Company, Inc. (NYSE:SAM) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Mike Andrews - Associate General Counsel & Corporate Secretary Jim Koch - Fou...

2 months ago - Seeking Alpha

Boston Beer Reports Third Quarter Financial Results

BOSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were:

2 months ago - GlobeNewsWire

SAMUEL ADAMS INVITES YOU TO HAVE A COLD SAM ADAMS

Limited-Edition At-Home Séance Kit Invites Drinkers To Share a Chilling Brew With the Spirit of Samuel Adams From Beyond The Grave Limited-Edition At-Home Séance Kit Invites Drinkers To Share a Chilli...

2 months ago - GlobeNewsWire

Samuel Adams Showcases Over 15 Years of Small Business Support with the Launch of Inaugural “Our American Dream Cookbook”

80 Inspiring Food & Beverage Entrepreneurs Come Together in a First-of-its-Kind Culinary Guide to be Published by Salty Days Media Company on October 1st, 2024 80 Inspiring Food & Beverage Entrepreneu...

2 months ago - GlobeNewsWire

Truly Hard Seltzer Introduces New Limited-Edition ‘Brunch Pack' Featuring Brunch-Ready Flavors

To Celebrate, Truly is Flipping the Script on Bottomless Brunch by Going “Truly Bottomless” with a Pantsless, One-Day-Only Pop-Up Event Hosted by Two of This Summer's Hottest Reality Stars, Serena Pag...

3 months ago - GlobeNewsWire

Dogfish Head Punkin Ale Makes Autumnal Return with All-New Artwork

While Punkin Ale headlines the brewery's expansive list of seasonal drinks, Dogfish Head has fall flavors for every beer and spirits lover to enjoy! While Punkin Ale headlines the brewery's expansive ...

3 months ago - GlobeNewsWire

SAMUEL ADAMS DOMINATES WORLD BEER AWARDS WITH FOUR GOLDS AS NEW AMERICAN LIGHT CONTINUES ITS EXPANSION IN THE U.S.

Boston Beer's medal haul includes Gold for Samuel Adams American Light, the easy-to-drink light beer's second award this year following spring launch Boston Beer's medal haul includes Gold for Samuel ...

4 months ago - GlobeNewsWire

BOSTON BEER APPOINTS JOE JORDAN AND BIZ STONE TO ITS BOARD OF DIRECTORS

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that it appointed Biz Stone and Joe Jordan to its Board of Directors, effective July 29, 2024. Mr. S...

5 months ago - GlobeNewsWire

Boston Beer Company: Hard Mountain Dew Is Still A Catalyst, 3 Analysts Cut Forecasts After Q2 Results

Shares of Boston Beer Company Inc SAM were climbing in early trading on Friday, after the company reported its second-quarter results.

5 months ago - Benzinga

Top 3 Risk Off Stocks That Are Set To Fly In July

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. `

Other symbols: CELHLW
5 months ago - Benzinga

The Boston Beer Company, Inc. (SAM) Q2 2024 Earnings Call Transcript

The Boston Beer Company, Inc. (NYSE:SAM) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Michael Andrews - Associate General Counsel & Corporate Secretary James Koch - ...

5 months ago - Seeking Alpha

Boston Beer Reports Second Quarter Financial Results

BOSTON, July 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the second quarter ended June 29, 2024. Key results were:

5 months ago - GlobeNewsWire

GlobalPlatform Provides Security Framework to Launch Europe's Landmark eID Wallet Digital Ecosystem

REDWOOD CITY, Calif.--(BUSINESS WIRE)--GlobalPlatform, the standard for secure digital services and devices, is accelerating efforts to support a scalable European Digital Identity (EUDI) Wallet by in...

6 months ago - Business Wire

Legal cannabis sales eat into beer revenue, survey data shows

Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...

6 months ago - Market Watch

TRULY® HARD SELTZER HEATS UP U.S. SOCCER PARTNERSHIP IN TIME FOR SUMMER KICK-OFF

Official Hard Seltzer of U.S. Soccer Taps USMNT Stars Weston McKennie and Tyler Adams to Entertain and Engage Fans Around the Lighter Side of the Game Official Hard Seltzer of U.S. Soccer Taps USMNT S...

6 months ago - GlobeNewsWire

SAMUEL ADAMS SELECTS CROWNS & HOPS BREWING CO. AS 2024 BREWING & BUSINESS EXPERIENCESHIP WINNER

Brewing the American Dream Program Offers New Top Craft Brewer Invaluable Mentorship & Assistance, Continuing Legacy of Small Business Support Brewing the American Dream Program Offers New Top Craft B...

6 months ago - GlobeNewsWire

California brewery named winner of Samuel Adams' craft beer competition

The newest champion of Sam Adam's annual craft beer competition, the Brewing & Business Experienceship, has been named. The brewers will be privy to capital and mentorship.

6 months ago - Fox Business

Boston Beer merger with cannabis company Green Thumb seen as ‘low-hanging fruit': analyst

A proposal from Green Thumb Industries Inc. Chief Executive Ben Kovler to merge his company with Boston Beer Co. would capitalize on growing cannabis consumption as some alcoholic-beverage sales drop,...

6 months ago - Market Watch

Green Thumb Industries Sends Boston Beer (SAM) Proposal to Join Forces

Green Thumb Industries (GTBIF) sends Boston Beer (SAM) proposal to join forces. The Green Thumb CEO pitches a vision to create a “powerhouse of brands.

7 months ago - Schwab Network