Recent Analysts’ Ratings Changes for Molson Coors Beverage (TAP)

A number of firms have modified their ratings and price targets on shares of Molson Coors Beverage (NYSE: TAP) recently:

• 2/21/2025 – Molson Coors Beverage was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/18/2025 – Molson Coors Beverage had its price target raised by analysts at Barclays PLC from $48.00 to $56.00. They now have an “underweight” rating on the stock.
• 2/14/2025 – Molson Coors Beverage had its price target raised by analysts at UBS Group AG from $58.00 to $63.00. They now have a “neutral” rating on the stock.
• 2/14/2025 – Molson Coors Beverage had its price target raised by analysts at Morgan Stanley from $60.00 to $63.00. They now have an “equal weight” rating on the stock.
• 2/13/2025 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/12/2025 – Molson Coors Beverage had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $72.00 price target on the stock.
• 2/5/2025 – Molson Coors Beverage was upgraded by analysts at Citigroup Inc. from a “sell” rating to a “neutral” rating. They now have a $57.00 price target on the stock, up previously from $47.00.
• 2/2/2025 – Molson Coors Beverage was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/30/2025 – Molson Coors Beverage had its price target lowered by analysts at JPMorgan Chase & Co. from $59.00 to $58.00. They now have a “neutral” rating on the stock.
• 1/25/2025 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/17/2025 – Molson Coors Beverage had its price target lowered by analysts at Barclays PLC from $51.00 to $48.00. They now have an “underweight” rating on the stock.
• 1/16/2025 – Molson Coors Beverage had its price target lowered by analysts at UBS Group AG from $60.00 to $58.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/1/2025 – Molson Coors Beverage was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

Molson Coors Beverage Trading Up 1.4 %

Molson Coors Beverage stock opened at $61.17 on Tuesday. The company has a market cap of $12.60 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 1.52 and a beta of 0.85. The firm has a 50-day moving average of $56.44 and a 200-day moving average of $56.69. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.70. Molson Coors Beverage has a one year low of $49.19 and a one year high of $69.18.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.17 by $0.13. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Molson Coors Beverage had a return on equity of 9.34% and a net margin of 8.17%. On average, equities analysts expect that Molson Coors Beverage will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be paid a $0.47 dividend. The ex-dividend date is Thursday, February 27th. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.44. This represents a $1.88 annualized dividend and a dividend yield of 3.07%. Molson Coors Beverage’s dividend payout ratio (DPR) is currently 35.14%.

Institutional Trading of Molson Coors Beverage

Several institutional investors and hedge funds have recently added to or reduced their stakes in TAP. Truvestments Capital LLC increased its stake in shares of Molson Coors Beverage by 51.4% during the 4th quarter. Truvestments Capital LLC now owns 595 shares of the company’s stock worth $34,000 after purchasing an additional 202 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Molson Coors Beverage during the third quarter worth about $35,000. CoreCap Advisors LLC increased its position in Molson Coors Beverage by 10,716.7% during the fourth quarter. CoreCap Advisors LLC now owns 649 shares of the company’s stock worth $37,000 after buying an additional 643 shares during the last quarter. Quarry LP raised its stake in Molson Coors Beverage by 55.1% in the fourth quarter. Quarry LP now owns 715 shares of the company’s stock valued at $41,000 after buying an additional 254 shares during the period. Finally, Gladius Capital Management LP acquired a new stake in shares of Molson Coors Beverage in the third quarter valued at approximately $42,000. 78.46% of the stock is owned by institutional investors.

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.