Molson Coors Beverage Company (TAP)
| Market Cap | 12.09B |
| Revenue (ttm) | 11.63B |
| Net Income (ttm) | 1.12B |
| Shares Out | 202.61M |
| EPS (ttm) | 5.35 |
| PE Ratio | 11.19 |
| Forward PE | 9.45 |
| Dividend | $1.88 (3.14%) |
| Ex-Dividend Date | Feb 27, 2025 |
| Volume | 233,584 |
| Open | 60.55 |
| Previous Close | 59.51 |
| Day's Range | 59.69 - 60.83 |
| 52-Week Range | 49.19 - 65.24 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 62.79 (+5.21%) |
| Earnings Date | May 8, 2025 |
About TAP
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. It provides its products under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, Five Trail, Heineken, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Peroni Nastro Azurro, Pilsner Urquell, Red... [Read more]
Financial Performance
In 2024, TAP's revenue was $11.63 billion, a decrease of -0.64% compared to the previous year's $11.70 billion. Earnings were $1.12 billion, an increase of 18.28%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for TAP stock is "Buy." The 12-month stock price forecast is $62.79, which is an increase of 5.21% from the latest price.
News
Molson Coors CEO Hattersley to Retire by End of Year
Molson Coors Beverage Company (TAP) on Monday announced that Chief Executive Officer (CEO) Gavin Hattersley plans to retire by the end of the year after a six-year stint at the helm of the beer giant.
Beer maker Molson Coors CEO Gavin Hattersley to retire
Molson Coors Beverage Company's chief executive officer and industry veteran Gavin Hattersley will retire at the end of 2025 after six years in the role, the Coors Light maker said on Monday.
Molson Coors Beverage Company CEO Gavin Hattersley Announces Plans to Retire by End of 2025; Board Launches Search Process
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company (“Molson Coors” or the “Company”) (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today announced that after 28 years in the beer industr...
This Beverage Maker, Tobacco Company And Packaged Food Giant Outshine In A Recession
BofA Securities analysts Bryan D. Spillane, Lisa K. Lewandowski and Peter T. Galbo have put forward on Tuesday their research findings on consumer staple companies in the face of a potential recession...
Molson Coors Beverage Company to Webcast 2025 First Quarter Earnings Conference Call
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2025 First Quarter Earnings Conference Call.
Molson Coors Nominates Chris Cocks as an Independent Director to Join Its Board of Directors
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--The Molson Coors Beverage Company ("Molson Coors" or “the company”) (NYSE: TAP, TAP.A) Board of Directors today announced that Christian “Chris” Cocks has be...
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Molson Coors Beverage Company (TAP) Q4 2024 Earnings Call Transcript
Molson Coors Beverage Company (NYSE:TAP) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Greg Tierney - Vice President, FP&A and Investor Relations Gavin Hattersley...
Molson Coors' focus on pushing premium brands leads to upbeat profit outlook
Molson Coors saw higher prices helping to offset continued volume declines.
Molson Coors beats quarterly estimates after beer demand rebounds in Americas
Molson Coors beat fourth-quarter sales and profit estimates on Thursday, helped by recovering demand for its beer brands including Coors Light and Miller Lite in the Americas.
Molson Coors Beverage Company Reports 2024 Fourth Quarter and Full Year Results
GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2024 Fourth Quarter and Full Year Results.
Molson Named Official 4 Nations Face-Off™ Beer Sponsor in Canada, Hosting Watch Parties Across Montreal
MONTREAL--(BUSINESS WIRE)--Molson is proud to be the official beer sponsor in Canada of the 4 Nations Face-Off, an international tournament staged by the National Hockey League (NHL) and National Hock...
Fevertree Drinks: U.S. Strategic Partnership With Molson Coors
Fevertree's recent strategic partnership with Molson Coors is set to accelerate its growth in the U.S., leveraging Molson Coors' production, distribution, and marketing capabilities. Despite modest re...
Molson Coors buys 8.5% stake in UK's Fevertree for $88 million
Coors Light beer maker Molson Coors will take a 8.5% stake in UK's Fevertree Drinks for 71 million pounds ($88.3 million) to expand its portfolio of non-alcoholic beverage offerings in the U.S., the c...
Molson Coors Beverage Company Announces Strategic Partnership With Fever-Tree in U.S.
CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors" or “the company”) (NYSE: TAP, TAP.A) is expanding its U.S. non-alc portfolio through a new strategic partnership with Fevertree ...
Coors Light's 'Mondays Light' Promotion Plays Off Its Typo
Coors Light has turned a "case of the Mondays" into a case of actual beer.
Is the Party Over? Alcohol Stocks Are Having a Terrible Start to 2025.
Potential tariffs, a surgeon general health warning, and persistent inflation concerns among consumers are weighing on the businesses.
Molson Coors Beverage Company to Webcast 2024 Fourth Quarter and Full Year Earnings Conference Call
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2024 Fourth Quarter and Full Year Earnings Conference Call.
Alcohol stocks fall after HHS releases findings on cancer link
CNBC's Brandon Gomez joins 'Fast Money' to talk alcohol stocks slipping on HHS findings.
Alcohol maker stocks see declines in wake of Surgeon General cancer advisory
Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the U.S. Surgeon General about alcohol and cancer.
Alcohol stocks tumble after US surgeon general calls for cancer warnings
Shares of Jack Daniel's parent Brown-Forman, Anheuser-Busch InBev and Diageo all fell on Friday.
U.S. surgeon general calls for cancer risk warnings on alcohol labels
The U.S. surgeon general on Friday issued a new advisory warning about the link between alcohol consumption and increased cancer risk. Surgeon General Dr. Vivek Murthy called additions to labels warni...
Bud and Molson Stocks Fall as Surgeon General Issues Advisory on Alcohol's Link to Cancer
U.S. Surgeon General Vivek Murthy issues an advisory outlining the link between alcohol consumption and cancer risk.
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