Molson Coors Beverage Company (TAP)
| Market Cap | 11.38B |
| Revenue (ttm) | 11.68B |
| Net Income (ttm) | 937.90M |
| Shares Out | 206.01M |
| EPS (ttm) | 4.42 |
| PE Ratio | 12.49 |
| Forward PE | 9.37 |
| Dividend | $1.76 (3.19%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 1,944,811 |
| Open | 54.98 |
| Previous Close | 54.98 |
| Day's Range | 54.73 - 55.52 |
| 52-Week Range | 49.19 - 69.18 |
| Beta | 0.87 |
| Analysts | Hold |
| Price Target | 61.79 (+11.88%) |
| Earnings Date | Feb 13, 2025 |
About TAP
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Ber... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for TAP stock is "Hold." The 12-month stock price forecast is $61.79, which is an increase of 11.88% from the latest price.
News
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...
Molson Coors forecasts annual sales decline as US volumes take a hit
Molson Coors on Thursday forecast lower full-year sales and missed Wall Street estimates for quarterly revenue as the Coors Light beer maker grapples with a hit to volumes in the United States amid hi...
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.
Molson Coors Beverage Company Reports 2024 Third Quarter Results
GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2024 Third Quarter Results.
Molson Coors Beverage Company Takes Majority Stake in ZOA Energy
CHICAGO--(BUSINESS WIRE)--Molson Coors Beverage Company ("Molson Coors") (NYSE: TAP, TAP.A) is taking a majority ownership stake in ZOA, the better-for-you energy brand co-founded by Dwayne “The Rock”...
Big beer brands' struggles seem likely to continue into next year, analyst says
Shares of some of the nation's biggest brewers have slipped so far this year — and the months ahead don't look a whole lot better amid shakier demand in the U.S. and abroad, TD Cowen analysts said Tue...
Molson Coors Beverage Company to Webcast 2024 Third Quarter Earnings Conference Call
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2024 Third Quarter Earnings Conference Call.
Molson Coors Is Doing Everything Right
Molson Coors is cutting costs, modernizing factories, buying back shares, paying down debt, and promising increased earnings over the long term. Despite attractive dividends and growth potential, Mols...
Molson Coors pumps the brakes on DEI practices
Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decis...
Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats...