Keurig Dr Pepper (KDP) Expected to Announce Earnings on Thursday

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $3.57 billion for the quarter.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.01 billion. Keurig Dr Pepper had a net margin of 15.04% and a return on equity of 10.45%. The company's revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. On average, analysts expect Keurig Dr Pepper to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Keurig Dr Pepper Price Performance

NASDAQ KDP traded up $0.17 during trading hours on Tuesday, reaching $35.48. 13,451,291 shares of the company's stock were exchanged, compared to its average volume of 9,975,940. The firm has a fifty day moving average of $33.96 and a 200-day moving average of $33.24. The company has a current ratio of 0.53, a quick ratio of 0.36 and a debt-to-equity ratio of 0.50. Keurig Dr Pepper has a one year low of $30.12 and a one year high of $38.28. The stock has a market cap of $48.14 billion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 2.42 and a beta of 0.54.

Keurig Dr Pepper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Friday, March 28th. Keurig Dr Pepper's dividend payout ratio is currently 87.62%.

Insider Activity

In other news, major shareholder Bevco B.V. Jab sold 83,950,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $32.65, for a total value of $2,740,967,500.00. Following the completion of the transaction, the insider now directly owns 134,113,479 shares in the company, valued at approximately $4,378,805,089.35. This represents a 38.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mary Beth Denooyer sold 12,000 shares of the company's stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $35.59, for a total value of $427,080.00. Following the completion of the transaction, the insider now directly owns 154,511 shares of the company's stock, valued at approximately $5,499,046.49. The trade was a 7.21 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 84,421,350 shares of company stock worth $2,757,137,010. 1.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Argus assumed coverage on Keurig Dr Pepper in a report on Wednesday, April 16th. They issued a "buy" rating and a $40.00 price target on the stock. Morgan Stanley raised Keurig Dr Pepper from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $38.00 to $40.00 in a research note on Tuesday, April 1st. UBS Group boosted their target price on Keurig Dr Pepper from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Thursday, April 17th. TD Cowen decreased their price objective on shares of Keurig Dr Pepper from $39.00 to $36.00 and set a "hold" rating for the company in a report on Wednesday, January 8th. Finally, Barclays set a $39.00 price objective on Keurig Dr Pepper in a research note on Thursday, February 27th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.21.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.