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Molson Coors Beverage (TAP) Stock

Profile

Full Name:

Molson Coors Beverage Company

Industry:

Brewers

Country:

United States

IPO:

12 June 1975

Indexes:

Description:

Molson Coors Brewing Company is a large brewing company formed as a result of the merger of the Canadian Molson Brewery Coors and the American Brewing Company in 2005. After the merger, the company was registered in the USA, and control was equally distributed between the Molson and Coors families. Molson Coors Brewing Company is among the top 10 largest companies in the world in terms of malt beverage production volume and has a diversified portfolio of own and partner brands, including global priority brands like Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, and Staropramen, as well as regional brands like Carling, Molson Canadian, and other leading brands for specific countries. Additionally, the company enters into licensing agreements with third-party partners who produce and distribute products of Molson Coors Brewing Company in various markets in the USA, Canada, and Europe.

Key Details

Price

$53.20

TTM Dividend Yield

3.31%(+25.38% YoY)

Annual Revenue

$11.70 B(+9.36% YoY)

Annual EPS

$4.37(+639.51% YoY)

PE Ratio

11.98(-15.87% YoY)

Beta

0.35

Events Calendar

Earnings

Next earnings date:

Feb 13, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Feb 13, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 06, 2024
Splits

Next split:

N/A

Recent split:

Oct 04, 2007

Analyst ratings

Recent major analysts updates

30 Jan '25 JP Morgan
Neutral
17 Jan '25 Barclays
Underweight
16 Jan '25 UBS
Neutral
06 Dec '24 Needham
Buy
06 Dec '24 B of A Securities
Buy
25 Nov '24 Exane BNP Paribas
Neutral
11 Nov '24 Barclays
Underweight
08 Nov '24 Wells Fargo
Overweight
18 Oct '24 JP Morgan
Neutral
08 Oct '24 TD Cowen
Hold

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Institutional Ownership

Molson Coors Teams Up With Fever-Tree in Strategic U.S. Partnership
Molson Coors Teams Up With Fever-Tree in Strategic U.S. Partnership
Molson Coors Teams Up With Fever-Tree in Strategic U.S. Partnership
TAP
zacks.com31 January 2025

TAP is growing its range of non-alcoholic drinks by forming a strategic partnership and investing in Fever-Tree, with the aim of increasing its presence in the U.S. market.

Will Molson Coors (TAP) Beat Estimates Again in Its Next Earnings Report?
Will Molson Coors (TAP) Beat Estimates Again in Its Next Earnings Report?
Will Molson Coors (TAP) Beat Estimates Again in Its Next Earnings Report?
TAP
zacks.com29 January 2025

Molson Coors (TAP) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock
Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock
Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock
TAP
zacks.com27 January 2025

No matter if you invest in value, growth, or momentum stocks, the Zacks Style Scores can help you identify strong stocks more easily. This is one of the best features of the Zacks Premium research service.

Molson Coors Trades Below 200 & 50-Day SMA: How to Play the Stock
Molson Coors Trades Below 200 & 50-Day SMA: How to Play the Stock
Molson Coors Trades Below 200 & 50-Day SMA: How to Play the Stock
TAP
zacks.com08 January 2025

TAP's plan for revitalization demonstrates its strength in facing challenges from the U.S., showing significant growth in earnings and potential for global expansion.

U.S. surgeon general calls for cancer risk warnings on alcohol labels
U.S. surgeon general calls for cancer risk warnings on alcohol labels
U.S. surgeon general calls for cancer risk warnings on alcohol labels
TAP
cnbc.com03 January 2025

On Friday, the U.S. surgeon general released a new advisory about the relationship between drinking alcohol and a higher risk of cancer. Dr. Vivek Murthy, the surgeon general, suggested adding warnings to labels about this connection.

Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
TAP
benzinga.com06 December 2024

After a slow summer, the U.S. beer market is starting to show positive trends, as reported by Needham.

Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?
Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?
Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?
TAP
zacks.com02 December 2024

TAP's plan for revitalization, focus on premium products, and potential for global growth demonstrate strength. Nevertheless, there are worries due to difficulties in the United States market.

Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock?
Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock?
Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock?
TAP
zacks.com11 November 2024

TAP is making great strides with its Acceleration Plan. The company's efforts to refresh its strategy and enhance its global offerings are also promising.

Molson Coors Q3 Earnings & Sales Beat, Stock Dips on Soft View
Molson Coors Q3 Earnings & Sales Beat, Stock Dips on Soft View
Molson Coors Q3 Earnings & Sales Beat, Stock Dips on Soft View
TAP
zacks.com07 November 2024

TAP's Q3 results have been affected by a tough U.S. economy, which has caused a decrease in financial activity. However, the units in EMEA&APAC and Canada have performed well.

Molson Coors Brewing (TAP) Q3 Earnings Beat Estimates
Molson Coors Brewing (TAP) Q3 Earnings Beat Estimates
Molson Coors Brewing (TAP) Q3 Earnings Beat Estimates
TAP
zacks.com07 November 2024

Molson Coors Brewing (TAP) reported quarterly earnings of $1.80 per share, which is higher than the Zacks Consensus Estimate of $1.65 per share. However, this is a decrease compared to earnings of $1.92 per share from the same period last year.

FAQ

  • What is the primary business of Molson Coors Beverage?
  • What is the ticker symbol for Molson Coors Beverage?
  • Does Molson Coors Beverage pay dividends?
  • What sector is Molson Coors Beverage in?
  • What industry is Molson Coors Beverage in?
  • What country is Molson Coors Beverage based in?
  • When did Molson Coors Beverage go public?
  • Is Molson Coors Beverage in the S&P 500?
  • Is Molson Coors Beverage in the NASDAQ 100?
  • Is Molson Coors Beverage in the Dow Jones?
  • When was Molson Coors Beverage's last earnings report?
  • When does Molson Coors Beverage report earnings?
  • Should I buy Molson Coors Beverage stock now?

What is the primary business of Molson Coors Beverage?

Molson Coors Brewing Company is a large brewing company formed as a result of the merger of the Canadian Molson Brewery Coors and the American Brewing Company in 2005. After the merger, the company was registered in the USA, and control was equally distributed between the Molson and Coors families. Molson Coors Brewing Company is among the top 10 largest companies in the world in terms of malt beverage production volume and has a diversified portfolio of own and partner brands, including global priority brands like Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, and Staropramen, as well as regional brands like Carling, Molson Canadian, and other leading brands for specific countries. Additionally, the company enters into licensing agreements with third-party partners who produce and distribute products of Molson Coors Brewing Company in various markets in the USA, Canada, and Europe.

What is the ticker symbol for Molson Coors Beverage?

The ticker symbol for Molson Coors Beverage is NYSE:TAP

Does Molson Coors Beverage pay dividends?

Yes, Molson Coors Beverage pays dividends. The last payment was $0.44, with an ex-dividend date on 06 December 2024

What sector is Molson Coors Beverage in?

Molson Coors Beverage is in the Consumer Defensive sector

What industry is Molson Coors Beverage in?

Molson Coors Beverage is in the Brewers industry

What country is Molson Coors Beverage based in?

Molson Coors Beverage is headquartered in United States

When did Molson Coors Beverage go public?

Molson Coors Beverage's initial public offering (IPO) was on 12 June 1975

Is Molson Coors Beverage in the S&P 500?

Yes, Molson Coors Beverage is included in the S&P 500 index

Is Molson Coors Beverage in the NASDAQ 100?

No, Molson Coors Beverage is not included in the NASDAQ 100 index

Is Molson Coors Beverage in the Dow Jones?

No, Molson Coors Beverage is not included in the Dow Jones index

When was Molson Coors Beverage's last earnings report?

Molson Coors Beverage's most recent earnings report was on 7 November 2024

When does Molson Coors Beverage report earnings?

The next expected earnings date for Molson Coors Beverage is 13 February 2025

Should I buy Molson Coors Beverage stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions