Molson Coors Class B
TAP
Market cap $12.6B

61.07 USD

+0.13

0.21%

At close Dec 13, 4:00 PM EST

After hours

61.07

+0.00

0.00%

1 day

0.21%

5 days

-0.07%

1 month

-4.40%

3 months

11.16%

6 months

21.41%

Year to date

-1.61%

1 year

-4.93%

5 years

20.19%

10 years

-15.23%

About: Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Employees: 16,500

Consumer Staples Malt Beverages

0

Funds holding %

of 6,805 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

105% more call options, than puts

Call options by funds: $182M | Put options by funds: $88.5M

40% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]

20% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 74

8% more capital invested

Capital invested by funds: $8.6B [Q2] → $9.3B (+$704M) [Q3]

2% more funds holding

Funds holding: 635 [Q2] → 650 (+15) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 237 | Existing positions reduced: 234

3.67% less ownership

Funds ownership: 85.73% [Q2] → 82.06% (-3.67%) [Q3]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$51

16%

downside

Avg. target

$64

5%

upside

High target

$74

21%

upside

7 analyst ratings

3 positive

43%

3 neutral

43%

1 negative

14%

B of A Securities Bryan Spillane 40% 1-year accuracy 8 / 20 met price target	15%upside $70	Buy Upgraded	6 Dec 2024
Needham Gerald Pascarelli 23% 1-year accuracy 5 / 22 met price target	18%upside $72	Buy Initiated	6 Dec 2024
Exane BNP Paribas Kevin Grundy 29% 1-year accuracy 2 / 7 met price target	5%upside $64	Neutral Initiated	25 Nov 2024
Barclays Lauren Lieberman 44% 1-year accuracy 40 / 90 met price target	16%downside $51	Underweight Maintained	11 Nov 2024
Wells Fargo Chris Carey 45% 1-year accuracy 15 / 33 met price target	21%upside $74	Overweight Upgraded	8 Nov 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about TAP published over the past 30 days

Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst

Following sluggishness during the summer months, trends in the U.S. beer market are showing signs of improvement, according to Needham.

Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst

Zacks Investment Research

Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock

Zacks Investment Research

Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?

TAP's revitalization plan, premiumization and promising global expansion show resilience. However, challenges in the United States raise concerns.

Molson Coors Low P/E Valuation Looks Attractive: Time to Buy or Wait?

Molson Coors Beverage Company Announces Regular Quarterly Dividend

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable December 20, 2024, to stockholders of record on December 6, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company. In addition, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) to.

Molson Coors Beverage Company Announces Regular Quarterly Dividend

Zacks Investment Research

Here's Why Molson Coors Brewing (TAP) is a Strong Momentum Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Molson Coors Brewing (TAP) is a Strong Momentum Stock

Zacks Investment Research

5 Beverages - Alcohol Stocks Holding Strong Amid Industry Challenges

The Zacks Beverages -Alcohol industry faces challenges from inflation and rising costs in commodities and logistics, while investments in innovation, premiumization and advanced technology platforms bode well. Leading players like BUD, STZ, TAP, SAM, and NAPA look well-positioned.

5 Beverages - Alcohol Stocks Holding Strong Amid Industry Challenges

Zacks Investment Research

Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Molson Coors Brewing (TAP) is a Strong Value Stock

Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers

Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD and TAP are reasonably valued relative to forward EPS growth, but both risk becoming value traps. Our analysis suggests key support levels for BUD at $54 and a potential upside for TAP to $80-$82 if current support holds.

Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers

Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares

Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet.

Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares

Zacks Investment Research

Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock?

TAP makes significant progress with the Acceleration Plan. The company's revitalization plan and the premiumization of the global portfolio also bode well.

Molson Coors Rises 5% Post Q3 Earnings: Buy, Hold or Avoid the Stock?

See News Rankings

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