Molson Coors Beverage Company (TAP)

NYSE: TAP · IEX Real-Time Price · USD
56.32
-0.15 (-0.26%)
Aug 16, 2022 11:35 AM EDT - Market open
-0.26%
Market Cap 12.21B
Revenue (ttm) 10.58B
Net Income (ttm) 731.80M
Shares Out 216.86M
EPS (ttm) 3.36
PE Ratio 16.76
Forward PE 14.35
Dividend $1.44 (2.56%)
Ex-Dividend Date Sep 1, 2022
Volume 272,941
Open 56.44
Previous Close 56.46
Day's Range 56.16 - 56.68
52-Week Range 42.46 - 60.12
Beta 0.84
Analysts Hold
Price Target 56.71 (+0.7%)
Earnings Date Aug 2, 2022

About TAP

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. 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 1774 and is based in Golden, Colorado. [Read more...]

Industry Beverages
Founded 1873
CEO Gavin Hattersley
Employees 16,300
Stock Exchange NYSE
Ticker Symbol TAP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for TAP stock is "Hold." The 12-month stock price forecast is 56.71, which is an increase of 0.70% from the latest price.

Price Target
$56.71
(0.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Molson Coors Is Growing Market Share Despite Cost Issues

For over two centuries, Molson Coors Beverage Co. ( TAP , Financial) has been making beer and other alcoholic beverages. The first Coors brewery location in Golden, Colorado is actually the largest sing...

Why Molson Coors Stock Dropped Today

Earnings left a lot to be desired for Molson Coors investors.

Molson Coors (TAP) Q2 Earnings Beat Estimates, Sales Miss

Molson Coors' (TAP) Q2 results have been hurt by inflation and a strike at its Quebec brewery. However, gains from the revitalization plan and core brand strength act as upsides.

Molson Coors stock falls as company cites split in consumer spending on beer

Molson Coors Beverage is seeing some beer drinkers trade down as inflation hits their wallets, but says others are still willing to pay more for their six-pack.

Molson Coors Brewing (TAP) Q2 Earnings Surpass Estimates

Molson Coors (TAP) delivered earnings and revenue surprises of 0.85% and 1.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Molson Coors revenue falls short, shares fall

Molson Coors Beverage Co. TAP, -0.12% TAP.A, +3.16% TPX.A, -1.08% shares fell 3.7% after it said Tuesday its second-quarter profit fell to $47.3 million, or 22 cents a share, from $388.6 million, or $1....

Molson Coors Beverage Company Reports 2022 Second Quarter Results

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2022 Second Quarter Results

Is Molson Coors (TAP) Slated to Report Earnings Beat in Q2?

Molson Coors' (TAP) Q2 results are expected to reflect gains from innovation and premiumization efforts, aiding the top line. Elevated marketing and supply-chain costs are likely to have ailed.

Analysts Estimate Molson Coors Brewing (TAP) to Report a Decline in Earnings: What to Look Out for

Molson Coors (TAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Molson Coors Bev Cl B Moves Into Buy Zone With Earnings Due

Molson Coors Bev Cl B is trading within a buy area with its next quarterly earnings report due on Aug. 2. The stock is about 1% above a 57.

Molson Coors Beverage Company Announces Regular Quarterly Dividend

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company Announces Regular Quarterly Dividend

Molson Coors to return to the Super Bowl for the first time in more than 30 years

Molson Coors Beverage will return to the Super Bowl next year, making its first appearance during the big game in more than 30 years.

Game On: Molson Coors Will Return to Super Bowl LVII with First In-Game Spot in 30+ Years

CHICAGO--(BUSINESS WIRE)--Beer advertising and the Super Bowl have long gone hand-in-hand, but for the first time in more than 30 years, Molson Coors Beverage Company will advertise on the national stag...

Top Funds Buy Into Stock Distilling New Breakout

As MGP Ingredients joins peers on the list of new buys by top funds, MGPI stock looks to distill a breakout. The post Top Funds Buy Into Stock Distilling New Breakout appeared first on Investor's Busine...

Other symbols: MGPINAPASTZ

Molson Coors Beverage Company to Webcast 2022 Second Quarter Earnings Conference Call

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2022 Second Quarter Earnings Conference Call

Ditch the Losing Game in Cannabis Stocks for Much Greener Pastures

We still think the industry will grow significantly in the coming years. But we don't think cannabis stocks will score investors big returns.

Other symbols: ACBBUDCGCSTZ

Why Molson Coors Stock Is Trouncing the Market So Far in 2022

Sales growth recently set a new record.

Three Stock Lunch: Molson Coors, Weber and Pool Corp

Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss his take on three stocks; Molson Coors, Weber and Pool Corp.

Other symbols: POOLWEBR

7 Undervalued Large-Cap Stocks to Buy Before Wall Street Catches On

Even if the market has not yet reached the point of bottoming-out, these seven undervalued large-cap stocks are worth a look. The post 7 Undervalued Large-Cap Stocks to Buy Before Wall Street Catches On...

Other symbols: APABTICPBDGXFOXLUMN

Here's Why it is Apt to Own Molson Coors (TAP) Stock Now

Molson Coors (TAP) is expected to retain its momentum, backed by the progress on its revitalization plan, and investments in brands and innovation.

Brown-Forman (BF.B), Coca-Cola Tie-Up for Jack & Coke RTD

Brown-Forman (BF.B) and Coca-Cola to offer customers Jack & Coke RTD canned cocktails. The move is also a step toward leveraging Coca-Cola's brand presence to expand worldwide.

Other symbols: KOSTZ

Molson Coors: After a Few Hard Years, Have a Cold One

The process of making beer does not seem to be difficult as there is a never-ending stream of brands and entrepreneurs entering the market. The big problem is making beer at scale and distributing it ef...

Molson Coors (TAP) Rises 17% YTD: Here's What You Should Know

Although rising inflation remains concerning, brand strength, product innovation and revitalization plan bode well for Molson Coors (TAP).

3 Beer Stocks That Provide Shareholders With Recession-Proof Dividends

For investors looking for growth and income from the beer industry, any of these names could be a solid addition to their portfolio. The post 3 Beer Stocks That Provide Shareholders With Recession-Proof...

Other symbols: DEOSTZ

Why Is Molson Coors (TAP) Up 2.8% Since Last Earnings Report?

Molson Coors (TAP) reported earnings 30 days ago. What's next for the stock?