Shares of Molson Coors Beverage Company (NYSE:TAP – Get Free Report) have received a consensus rating of “Hold” from the nineteen research firms that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $46.0588.
Several brokerages recently issued reports on TAP. Weiss Ratings reissued a “sell (d)” rating on shares of Molson Coors Beverage in a research note on Friday, March 27th. Piper Sandler decreased their target price on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. Jefferies Financial Group decreased their target price on Molson Coors Beverage from $45.00 to $43.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. BNP Paribas Exane downgraded Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 target price on the stock. in a research note on Friday, January 16th. Finally, The Goldman Sachs Group lifted their target price on Molson Coors Beverage from $48.00 to $50.00 in a research note on Friday.
Read Our Latest Report on Molson Coors Beverage
Molson Coors Beverage Price Performance
Molson Coors Beverage (NYSE:TAP – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.36 by $0.26. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion. Molson Coors Beverage had a positive return on equity of 9.79% and a negative net margin of 16.14%.The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, equities research analysts predict that Molson Coors Beverage will post 4.72 earnings per share for the current year.
Molson Coors Beverage Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors 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 of this dividend was Friday, March 6th. This represents a $1.92 annualized dividend and a yield of 4.6%. Molson Coors Beverage’s dividend payout ratio is -17.70%.
Key Molson Coors Beverage News
Here are the key news stories impacting Molson Coors Beverage this week:
- Positive Sentiment: Q1 results beat estimates — TAP reported $0.62 EPS vs. $0.36 consensus and revenue of $2.35B, with management saying pricing and a favorable sales mix offset volume declines. This topline/earnings beat is the main near-term bullish catalyst. Molson Coors Q1 Earnings Beat Estimates on Pricing and Sales Mix
- Positive Sentiment: Analyst lift — Morgan Stanley raised its price target to $52 (equal-weight), signaling more upside and likely providing buying interest. Morgan Stanley price-target raise
- Positive Sentiment: Goldman Sachs raised its price target to $50, another analyst vote of confidence that can support the stock. Goldman Sachs price-target raise
- Neutral Sentiment: FY?2026 guidance roughly in line — Management set FY?2026 EPS guidance of $4.607–$4.823, essentially matching Street expectations, which gives limited surprise to drive the stock higher. Company press release / Q1 results
- Neutral Sentiment: Needham trimmed its price target slightly (from $52 to $50) but kept a Buy rating — a modest cautionary signal but still constructive. Needham price-target adjustment
- Negative Sentiment: Volume weakness and margin profile — management said volume declined in the quarter and the company still reports a negative net margin, factors that can limit multiple expansion and encourage short-term profit-taking despite the beat. Earnings details including margin/volume notes
- Negative Sentiment: Market reaction nuance — after an earnings-driven rally, intraday selling and rotation into other consumer names (or broader market weakness) can push shares lower even when fundamentals improve. Reuters/Yahoo coverage noted price hikes drove performance but highlighted the mixed picture. Reuters coverage
Insider Transactions at Molson Coors Beverage
In other Molson Coors Beverage news, Director Andrew Thomas Molson bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of $46.67 per share, with a total value of $93,340.00. Following the purchase, the director owned 24,654 shares of the company’s stock, valued at $1,150,602.18. This trade represents a 8.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.27% of the company’s stock.
Hedge Funds Weigh In On Molson Coors Beverage
Several institutional investors have recently added to or reduced their stakes in TAP. Dodge & Cox grew its holdings in Molson Coors Beverage by 29.4% during the 3rd quarter. Dodge & Cox now owns 18,631,224 shares of the company’s stock valued at $843,063,000 after buying an additional 4,235,029 shares in the last quarter. Norges Bank purchased a new position in Molson Coors Beverage during the 4th quarter valued at approximately $125,755,000. Goldman Sachs Group Inc. grew its holdings in Molson Coors Beverage by 265.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,922,022 shares of the company’s stock valued at $136,400,000 after buying an additional 2,122,085 shares in the last quarter. State Street Corp grew its holdings in Molson Coors Beverage by 19.2% during the 3rd quarter. State Street Corp now owns 10,516,810 shares of the company’s stock valued at $475,886,000 after buying an additional 1,693,682 shares in the last quarter. Finally, Royal London Asset Management Ltd. grew its holdings in Molson Coors Beverage by 317.9% during the 2nd quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock valued at $98,297,000 after buying an additional 1,554,851 shares in the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.
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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