Molson Coors Beverage Company (TAP)
| Market Cap | 11.13B |
| Revenue (ttm) | 11.33B |
| Net Income (ttm) | 1.04B |
| Shares Out | 202.17M |
| EPS (ttm) | 4.99 |
| PE Ratio | 10.94 |
| Forward PE | 8.87 |
| Dividend | $1.88 (3.44%) |
| Ex-Dividend Date | Feb 27, 2025 |
| Volume | 92,742 |
| Open | 55.22 |
| Previous Close | 54.63 |
| Day's Range | 54.99 - 55.52 |
| 52-Week Range | 49.19 - 64.66 |
| Beta | 0.74 |
| Analysts | Hold |
| Price Target | 61.15 (+11.06%) |
| 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 13 analysts, the average rating for TAP stock is "Hold." The 12-month stock price forecast is $61.15, which is an increase of 11.06% from the latest price.
News
Molson Coors Q1: Caught In Worrisome Sales Trends
Molson Coors Beverage Company's Q1 performance was weak. While several transitory factors weakened the quarter, sales also underline a weakening consumer and worrying brand performance. Due to an incr...
Molson Coors Beverage Company (TAP) Q1 2025 Earnings Call Transcript
Molson Coors Beverage Company (NYSE:TAP) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Corporate Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - President...
Top Stock Movers Now: AB InBev, Molson Coors, Eli Lilly, and More
U.S. equities advanced at midday as President Donald Trump announced a new trade deal with the United Kingdom. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose.
Molson Coors Lowers Outlook, Will Cut Expenses on Fears About Consumer Spending
Molson Coors Beverage Company (TAP) shares sank Thursday after the beermaker slashed its outlook and planned to reduce spending on concerns economic conditions will lead consumers to spend less.
Molson Coors Stock Slumps as Tariffs Hit Earnings and Guidance
Molson Coors reports adjusted first-quarter earnings of 50 cents a share, below Wall Street consensus of 78 cents.
Molson Coors says less beer is being drunk due to worries about tariffs and the economy
Stocks drops after beer brewer's biggest earnings miss in four years and a lowered full-year outlook as consumer confidence falls as the economy slows.
Molson Coors Slashes 2025 Outlook on Tariff Worries
Molson Coors' first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and econ...
Molson Coors cuts forecasts as beer demand hurt by tariff-led recession worries
Molson Coors cut its annual forecasts for sales and profit on Thursday, in anticipation of a hit to demand for its Coors and Miller beer brands as consumers cut back discretionary spending due to tari...
Molson Coors Beverage Company Reports 2025 First Quarter Results
GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2025 First Quarter Results.
Big Tech Breathes Life Into Q1 Earnings
Both Meta and Microsoft reported after-the-bell on Wednesday, blowing past analyst estimates. With 72% of the S&P 500 having reported for Q1 at this point, the blended EPS growth rate stands at 12.8%,...
Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
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...
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...