Molson Coors Beverage (NYSE:TAP – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.607-4.823 for the period, compared to the consensus 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 Upgrades and Downgrades
Several equities research analysts recently issued reports on TAP shares. Wells Fargo & Company set a $54.00 price objective on shares of Molson Coors Beverage in a research note on Tuesday. Zacks Research upgraded Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Jefferies Financial Group decreased their price target on Molson Coors Beverage from $51.00 to $48.00 and set a “hold” rating for the company in a research note on Tuesday, November 4th. BNP Paribas Exane lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price objective on the stock. in a report on Friday, January 16th. Finally, Sanford C. Bernstein cut their price objective on Molson Coors Beverage from $54.00 to $50.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 5th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $53.43.
Read Our Latest Stock Analysis on Molson Coors Beverage
Molson Coors Beverage Stock Performance
Molson Coors Beverage (NYSE:TAP – Get Free Report) last issued its quarterly 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. Molson Coors Beverage had a positive return on equity of 8.78% and a negative net margin of 15.89%.The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, equities analysts forecast that Molson Coors Beverage will post 6.35 earnings per share for the current fiscal year.
Molson Coors Beverage Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were issued a $0.47 dividend. The ex-dividend date of this dividend 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 is -17.60%.
Institutional Investors Weigh In On Molson Coors Beverage
A number of institutional investors have recently added to or reduced their stakes in the company. Corecam AG bought a new position in Molson Coors Beverage during the fourth quarter valued at about $382,000. Vident Advisory LLC grew its holdings in shares of Molson Coors Beverage by 92.7% during the 4th quarter. Vident Advisory LLC now owns 56,329 shares of the company’s stock worth $2,629,000 after purchasing an additional 27,095 shares in the last quarter. Delta Global Management LP acquired a new stake in shares of Molson Coors Beverage during the 4th quarter worth approximately $2,360,000. EP Wealth Advisors LLC bought a new stake in shares of Molson Coors Beverage during the fourth quarter valued at approximately $322,000. Finally, SkyView Investment Advisors LLC raised its stake in shares of Molson Coors Beverage by 1.5% in the fourth quarter. SkyView Investment Advisors LLC now owns 16,872 shares of the company’s stock valued at $788,000 after purchasing an additional 257 shares in the last quarter. 78.46% of the stock is owned by institutional investors and hedge funds.
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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