Analysts Set Molson Coors Beverage Company (NYSE:TAP) PT at $48.12

Molson Coors Beverage Company (NYSE:TAP) has received an average rating of “Reduce” from the nineteen analysts that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $48.1176.

Several analysts have commented on the stock. Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Needham & Company LLC decreased their target price on shares of Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Roth Mkm set a $58.00 price target on Molson Coors Beverage in a research note on Thursday, February 19th. Jefferies Financial Group set a $45.00 price target on Molson Coors Beverage in a research note on Thursday, February 19th. Finally, Barclays decreased their price target on Molson Coors Beverage from $47.00 to $40.00 and set an “underweight” rating for the company in a research note on Wednesday, March 25th.

Insider Activity

In related news, Director Andrew Thomas Molson purchased 2,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was bought at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the purchase, the director owned 24,654 shares in the company, valued at $1,150,602.18. The trade was a 8.83% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.71% of the company’s stock.

Institutional Trading of Molson Coors Beverage

Large investors have recently modified their holdings of the company. GoalVest Advisory LLC bought a new stake in Molson Coors Beverage during the 4th quarter valued at approximately $25,000. SBI Securities Co. Ltd. boosted its stake in Molson Coors Beverage by 84.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock valued at $25,000 after purchasing an additional 244 shares during the period. Root Financial Partners LLC bought a new stake in Molson Coors Beverage during the 3rd quarter valued at approximately $25,000. Basepoint Wealth LLC bought a new stake in Molson Coors Beverage during the 4th quarter valued at approximately $26,000. Finally, Smartleaf Asset Management LLC boosted its stake in Molson Coors Beverage by 64.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after purchasing an additional 221 shares during the period. 78.46% of the stock is owned by institutional investors.

Molson Coors Beverage Stock Performance

Shares of NYSE TAP opened at $44.39 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.42. The company has a market capitalization of $8.34 billion, a P/E ratio of -4.09 and a beta of 0.50. Molson Coors Beverage has a one year low of $41.04 and a one year high of $62.16. The business’s 50-day moving average price is $46.95 and its two-hundred day moving average price is $46.68.

Molson Coors Beverage (NYSE:TAP) last posted its earnings results on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.17 by $0.04. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. The company’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.30 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Analysts anticipate that Molson Coors Beverage will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid a dividend of $0.48 per share. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, March 6th. This represents a $1.92 annualized dividend and a dividend yield of 4.3%. Molson Coors Beverage’s dividend payout ratio is currently -17.70%.

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.