Molson Coors Beverage (NYSE:TAP) Releases FY 2026 Earnings Guidance

Molson Coors Beverage (NYSE:TAP) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.607-4.823 for the period, compared to the consensus earnings per share estimate of 4.760. The company issued revenue guidance of $11.0 billion-$11.3 billion, compared to the consensus revenue estimate of $11.1 billion.

Analysts Set New Price Targets

TAP has been the subject of several analyst reports. The Goldman Sachs Group upped their price target on Molson Coors Beverage from $48.00 to $50.00 in a research note on Friday, May 1st. TD Cowen upgraded shares of Molson Coors Beverage to a “hold” rating in a research report on Friday, June 26th. Sanford C. Bernstein lowered their target price on shares of Molson Coors Beverage from $74.00 to $45.00 and set a “market perform” rating on the stock in a report on Tuesday, May 26th. Wall Street Zen cut shares of Molson Coors Beverage from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Wells Fargo & Company lowered their price objective on Molson Coors Beverage from $43.00 to $41.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $44.00.

Molson Coors Beverage Stock Down 0.9%

TAP stock opened at $41.89 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.38 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average price is $40.23 and its 200 day moving average price is $43.70. Molson Coors Beverage has a 52 week low of $38.04 and a 52 week high of $54.82. The company has a market cap of $7.86 billion, a P/E ratio of -3.94 and a beta of 0.42.

Molson Coors Beverage (NYSE:TAP) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.07. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.08 billion. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, research analysts expect that Molson Coors Beverage will post 4.77 earnings per share for the current fiscal year.

Molson Coors Beverage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 28th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.92 annualized dividend and a yield of 4.6%. Molson Coors Beverage’s payout ratio is currently -18.05%.

Insider Buying and Selling

In other Molson Coors Beverage news, Director Geoffrey E. Molson sold 1,245 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $42.50, for a total value of $52,912.50. Following the sale, the director owned 9,871 shares of the company’s stock, valued at approximately $419,517.50. This represents a 11.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.27% of the company’s stock.

Hedge Funds Weigh In On Molson Coors Beverage

Several hedge funds have recently added to or reduced their stakes in TAP. Smartleaf Asset Management LLC lifted its holdings in shares of Molson Coors Beverage by 64.2% in the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after purchasing an additional 221 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Molson Coors Beverage during the 4th quarter worth approximately $36,000. IFP Advisors Inc increased its stake in shares of Molson Coors Beverage by 134.2% during the 3rd quarter. IFP Advisors Inc now owns 787 shares of the company’s stock worth $38,000 after purchasing an additional 451 shares in the last quarter. Zions Bancorporation National Association UT increased its stake in shares of Molson Coors Beverage by 808.0% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,017 shares of the company’s stock worth $47,000 after purchasing an additional 905 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after purchasing an additional 198 shares during the last quarter. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

About Molson Coors Beverage

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.