Molson Coors Beverage (NYSE:TAP – Free Report) – Stock analysts at Roth Capital lifted their Q1 2025 earnings estimates for Molson Coors Beverage in a note issued to investors on Thursday, February 13th. Roth Capital analyst W. Kirk now expects that the company will post earnings of $0.93 per share for the quarter, up from their prior forecast of $0.92. The consensus estimate for Molson Coors Beverage’s current full-year earnings is $5.79 per share. Roth Capital also issued estimates for Molson Coors Beverage’s Q1 2025 earnings at $0.93 EPS, Q2 2025 earnings at $1.98 EPS, Q2 2025 earnings at $1.98 EPS, Q3 2025 earnings at $2.16 EPS, Q3 2025 earnings at $2.16 EPS, Q4 2025 earnings at $1.31 EPS, Q4 2025 earnings at $1.31 EPS, FY2025 earnings at $6.39 EPS and FY2025 earnings at $6.39 EPS.
Several other equities research analysts have also weighed in on TAP. BNP Paribas assumed coverage on Molson Coors Beverage in a report on Monday, November 25th. They issued a “neutral” rating and a $64.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on shares of Molson Coors Beverage from $59.00 to $58.00 and set a “neutral” rating for the company in a research note on Thursday, January 30th. Needham & Company LLC reissued a “buy” rating and issued a $72.00 price target on shares of Molson Coors Beverage in a research report on Wednesday, February 12th. Morgan Stanley raised their price objective on shares of Molson Coors Beverage from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Finally, Bank of America raised shares of Molson Coors Beverage from a “neutral” rating to a “buy” rating and boosted their target price for the company from $57.00 to $70.00 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Molson Coors Beverage currently has a consensus rating of “Hold” and an average price target of $63.27.
Molson Coors Beverage Stock Performance
Shares of TAP opened at $60.55 on Monday. Molson Coors Beverage has a 1 year low of $49.19 and a 1 year high of $69.18. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.99 and a quick ratio of 0.74. The stock’s fifty day moving average price is $56.46 and its two-hundred day moving average price is $56.47. The firm has a market cap of $12.47 billion, a PE ratio of 13.64, a PEG ratio of 2.07 and a beta of 0.85.
Molson Coors Beverage (NYSE:TAP – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.13. Molson Coors Beverage had a net margin of 6.78% and a return on equity of 9.24%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.71 billion.
Institutional Investors Weigh In On Molson Coors Beverage
Hedge funds have recently bought and sold shares of the stock. Creative Planning raised its position in shares of Molson Coors Beverage by 14.7% during the 3rd quarter. Creative Planning now owns 18,890 shares of the company’s stock valued at $1,087,000 after buying an additional 2,418 shares in the last quarter. V Square Quantitative Management LLC increased its stake in Molson Coors Beverage by 7.5% in the third quarter. V Square Quantitative Management LLC now owns 5,344 shares of the company’s stock valued at $307,000 after acquiring an additional 371 shares during the last quarter. Blue Trust Inc. raised its position in Molson Coors Beverage by 63.3% during the third quarter. Blue Trust Inc. now owns 2,951 shares of the company’s stock valued at $170,000 after purchasing an additional 1,144 shares in the last quarter. Oldfield Partners LLP lifted its stake in Molson Coors Beverage by 24.1% during the third quarter. Oldfield Partners LLP now owns 7,200 shares of the company’s stock worth $414,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of Molson Coors Beverage by 0.9% in the 3rd quarter. Private Advisor Group LLC now owns 32,080 shares of the company’s stock worth $1,845,000 after purchasing an additional 277 shares in the last quarter. 78.46% of the stock is currently owned by institutional investors.
Molson Coors Beverage Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 3.10%. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.44. The ex-dividend date of this dividend is Thursday, February 27th. Molson Coors Beverage’s dividend payout ratio is 35.14%.
Molson Coors Beverage Company Profile
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.
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