Molson Coors Beverage (NYSE:TAP – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.607-4.823 for the period, compared to the consensus earnings per share estimate of 5.420. The company issued revenue guidance of $11.0 billion-$11.3 billion, compared to the consensus revenue estimate of $11.2 billion.
Analyst Ratings Changes
A number of brokerages recently issued reports on TAP. Weiss Ratings reissued a “sell (d)” rating on shares of Molson Coors Beverage in a report on Monday, December 29th. Barclays reiterated an “underweight” rating and issued a $49.00 price objective on shares of Molson Coors Beverage in a research report on Friday, January 16th. Jefferies Financial Group dropped their target price on Molson Coors Beverage from $51.00 to $48.00 and set a “hold” rating on the stock in a research report on Tuesday, November 4th. JPMorgan Chase & Co. initiated coverage on Molson Coors Beverage in a report on Wednesday, November 5th. They issued a “neutral” rating and a $49.00 price target for the company. Finally, Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $53.43.
Check Out Our Latest Research Report on TAP
Molson Coors Beverage Price Performance
Molson Coors Beverage (NYSE:TAP – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.04. The company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.71 billion. Molson Coors Beverage had a positive return on equity of 8.78% and a negative net margin of 15.89%.Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, sell-side analysts expect that Molson Coors Beverage will post 6.35 EPS for the current fiscal year.
Molson Coors Beverage Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a dividend of $0.47 per share. The ex-dividend date was Friday, December 5th. This represents a $1.88 dividend on an annualized basis and a yield of 3.7%. Molson Coors Beverage’s dividend payout ratio (DPR) is presently -17.60%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC increased its holdings in shares of Molson Coors Beverage by 64.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock worth $27,000 after buying an additional 221 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Molson Coors Beverage in the fourth quarter worth approximately $36,000. IFP Advisors Inc increased its stake in Molson Coors Beverage by 134.2% during the third quarter. IFP Advisors Inc now owns 787 shares of the company’s stock worth $38,000 after acquiring an additional 451 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Molson Coors Beverage by 32.9% in the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after purchasing an additional 198 shares during the period. Finally, Zions Bancorporation National Association UT raised its position in Molson Coors Beverage by 808.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,017 shares of the company’s stock valued at $47,000 after purchasing an additional 905 shares during the period. Hedge funds and other institutional investors own 78.46% of the company’s stock.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.
In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.
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