Q1 EPS Estimate for Molson Coors Beverage Lifted by Analyst

Molson Coors Beverage (NYSE:TAP - Free Report) - Research analysts at Roth Capital raised their Q1 2025 earnings per share estimates for Molson Coors Beverage in a report released on Thursday, February 13th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings of $0.93 per share for the quarter, up from their prior forecast of $0.92. The consensus estimate for Molson Coors Beverage's current full-year earnings is $6.25 per share. Roth Capital also issued estimates for Molson Coors Beverage's Q1 2025 earnings at $0.93 EPS, Q2 2025 earnings at $1.98 EPS, Q2 2025 earnings at $1.98 EPS, Q3 2025 earnings at $2.16 EPS, Q3 2025 earnings at $2.16 EPS, Q4 2025 earnings at $1.31 EPS, Q4 2025 earnings at $1.31 EPS, FY2025 earnings at $6.39 EPS and FY2025 earnings at $6.39 EPS.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.13. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a net margin of 8.17% and a return on equity of 9.34%.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Molson Coors Beverage from $59.00 to $58.00 and set a "neutral" rating for the company in a report on Thursday, January 30th. BNP Paribas started coverage on Molson Coors Beverage in a research report on Monday, November 25th. They set a "neutral" rating and a $64.00 price objective on the stock. UBS Group boosted their price objective on Molson Coors Beverage from $58.00 to $63.00 and gave the stock a "neutral" rating in a research report on Friday, February 14th. Citigroup raised shares of Molson Coors Beverage from a "sell" rating to a "neutral" rating and raised their target price for the company from $47.00 to $57.00 in a report on Wednesday, February 5th. Finally, Morgan Stanley increased their price objective on shares of Molson Coors Beverage from $60.00 to $63.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Molson Coors Beverage has an average rating of "Hold" and an average target price of $63.27.

Molson Coors Beverage Trading Up 0.5 %

TAP traded up $0.30 during mid-day trading on Monday, hitting $60.44. 1,730,005 shares of the stock were exchanged, compared to its average volume of 2,009,677. The company has a current ratio of 0.94, a quick ratio of 0.70 and a debt-to-equity ratio of 0.46. The company has a market cap of $12.45 billion, a PE ratio of 11.30, a PEG ratio of 1.55 and a beta of 0.85. The firm's fifty day moving average is $56.43 and its two-hundred day moving average is $56.49. Molson Coors Beverage has a 1-year low of $49.19 and a 1-year high of $69.18.

Molson Coors Beverage Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.11%. This is a positive change from Molson Coors Beverage's previous quarterly dividend of $0.44. Molson Coors Beverage's dividend payout ratio (DPR) is currently 32.90%.

Institutional Trading of Molson Coors Beverage

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Molson Coors Beverage by 1.6% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 348,580 shares of the company's stock valued at $19,981,000 after purchasing an additional 5,446 shares in the last quarter. Waverly Advisors LLC acquired a new position in Molson Coors Beverage during the fourth quarter worth $998,000. Wallace Capital Management Inc. raised its position in Molson Coors Beverage by 306.5% in the fourth quarter. Wallace Capital Management Inc. now owns 221,718 shares of the company's stock worth $12,709,000 after acquiring an additional 167,178 shares in the last quarter. Woodline Partners LP acquired a new stake in Molson Coors Beverage in the fourth quarter valued at $601,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Molson Coors Beverage during the 4th quarter worth $639,000. 78.46% of the stock is owned by hedge funds and other institutional investors.

About Molson Coors Beverage

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.