Molson Coors Beverage Company (TAP)
| Market Cap | 12.27B |
| Revenue (ttm) | 11.63B |
| Net Income (ttm) | 1.12B |
| Shares Out | 202.61M |
| EPS (ttm) | 5.35 |
| PE Ratio | 11.32 |
| Forward PE | 9.56 |
| Dividend | $1.88 (3.10%) |
| Ex-Dividend Date | Feb 27, 2025 |
| Volume | 1,969,608 |
| Open | 58.92 |
| Previous Close | 58.76 |
| Day's Range | 59.07 - 60.71 |
| 52-Week Range | 49.19 - 69.18 |
| Beta | 0.83 |
| Analysts | Buy |
| Price Target | 63.67 (+5.14%) |
| Earnings Date | Apr 29, 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 15 analysts, the average rating for TAP stock is "Buy." The 12-month stock price forecast is $63.67, which is an increase of 5.14% from the latest price.
News
5 Stocks That Could Suffer With Canadian Tariffs
Trump's plans to place tariffs on Canada has come as a surprise, and many businesses are scrambling to deal with the potential fallout.
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.
My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is...
Big Booze is on tap for headwinds in 2025
CNBC's Brandon Gomez joins 'Squawk on the Street' to discuss headwinds in 2025 for Big Booze.
Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
Following sluggishness during the summer months, trends in the U.S. beer market are showing signs of improvement, according to Needham.
Molson Coors Beverage Company Announces Regular Quarterly Dividend
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) today declared a regular quarterly dividend on its Class A and Class B common stoc...
Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers
Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD...
Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares
Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards shar...
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.
Molson Coors Beverage Company (TAP) Q3 2024 Earnings Call Transcript
Molson Coors Beverage Company (NYSE:TAP) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Corporate Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - Pres...