Roth Capital Issues Optimistic Forecast for TAP Earnings

Molson Coors Beverage (NYSE:TAP) – Stock analysts at Roth Capital boosted their Q1 2025 earnings per share estimates for Molson Coors Beverage in a note issued to investors on Thursday, February 13th. Roth Capital analyst W. Kirk now expects that the company will earn $0.93 per share for the quarter, up from their previous estimate of $0.92. The consensus estimate for Molson Coors Beverage’s current full-year earnings is $5.79 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.

Other analysts have also issued research reports about the company. Morgan Stanley increased their price objective on Molson Coors Beverage from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Friday. Needham & Company LLC reaffirmed a “buy” rating and set a $72.00 price objective on shares of Molson Coors Beverage in a research note on Wednesday, February 12th. StockNews.com raised Molson Coors Beverage from a “hold” rating to a “buy” rating in a research note on Thursday. Wells Fargo & Company raised Molson Coors Beverage from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $52.00 to $74.00 in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. decreased their price objective on Molson Coors Beverage from $59.00 to $58.00 and set a “neutral” rating on the stock in a research note on Thursday, January 30th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $62.73.

Molson Coors Beverage Stock Up 3.0 %

Molson Coors Beverage stock opened at $60.33 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.74 and a current ratio of 0.99. The firm has a market capitalization of $12.43 billion, a price-to-earnings ratio of 13.59, a price-to-earnings-growth ratio of 2.07 and a beta of 0.85. Molson Coors Beverage has a fifty-two week low of $49.19 and a fifty-two week high of $69.18. The stock’s fifty day moving average is $56.50 and its two-hundred day moving average is $56.36.

Molson Coors Beverage (NYSE:TAP) last posted its earnings results on Thursday, February 13th. The company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.13. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.71 billion. Molson Coors Beverage had a return on equity of 9.24% and a net margin of 6.78%.

Hedge Funds Weigh In On Molson Coors Beverage

Large investors have recently modified their holdings of the company. Truvestments Capital LLC raised its holdings in shares of Molson Coors Beverage by 51.4% in the 4th quarter. Truvestments Capital LLC now owns 595 shares of the company’s stock worth $34,000 after purchasing an additional 202 shares during the period. Ashton Thomas Securities LLC purchased a new stake in shares of Molson Coors Beverage during the 3rd quarter valued at about $35,000. Quarry LP raised its holdings in shares of Molson Coors Beverage by 55.1% during the 4th quarter. Quarry LP now owns 715 shares of the company’s stock valued at $41,000 after buying an additional 254 shares during the period. Gladius Capital Management LP purchased a new stake in shares of Molson Coors Beverage during the 3rd quarter valued at about $42,000. Finally, Catalyst Capital Advisors LLC raised its holdings in shares of Molson Coors Beverage by 143.6% during the 4th quarter. Catalyst Capital Advisors LLC now owns 726 shares of the company’s stock valued at $42,000 after buying an additional 428 shares during the period. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Molson Coors Beverage Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 27th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.12%. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, February 27th. Molson Coors Beverage’s dividend payout ratio (DPR) is 39.64%.

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.