Roth Capital Analysts Boost Earnings Estimates for TAP

Molson Coors Beverage (NYSE:TAP) – Investment analysts at Roth Capital increased their Q1 2025 EPS estimates for shares of Molson Coors Beverage in a research report issued to clients and investors on Thursday, February 13th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings per share of $0.93 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.

TAP has been the subject of a number of other research reports. 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, February 14th. Wells Fargo & Company raised shares of Molson Coors Beverage from an “underweight” rating to an “overweight” rating and increased their price target for the company from $52.00 to $74.00 in a research report on Friday, November 8th. Hsbc Global Res cut shares of Molson Coors Beverage from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 8th. StockNews.com upgraded shares of Molson Coors Beverage from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. Finally, BNP Paribas initiated coverage on Molson Coors Beverage in a report on Monday, November 25th. They set a “neutral” rating and a $64.00 price target on the stock. One research 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. According to MarketBeat.com, Molson Coors Beverage currently has an average rating of “Hold” and an average price target of $63.27.

Molson Coors Beverage Trading Up 0.3 %

Shares of TAP stock opened at $60.55 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.99 and a quick ratio of 0.74. The business has a 50-day moving average of $56.46 and a 200 day moving average of $56.47. The stock has a market capitalization of $12.47 billion, a PE ratio of 13.64, a P/E/G ratio of 2.07 and a beta of 0.85. Molson Coors Beverage has a 1-year low of $49.19 and a 1-year high of $69.18.

Molson Coors Beverage (NYSE:TAP) last announced its quarterly earnings data 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 firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.71 billion. Molson Coors Beverage had a return on equity of 9.24% and a net margin of 6.78%.

Molson Coors Beverage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Thursday, February 27th will be given a dividend of $0.47 per share. The ex-dividend date is Thursday, February 27th. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.44. This represents a $1.88 annualized dividend and a dividend yield of 3.10%. Molson Coors Beverage’s payout ratio is currently 35.14%.

Hedge Funds Weigh In On Molson Coors Beverage

A number of institutional investors have recently added to or reduced their stakes in TAP. Norges Bank purchased a new stake in shares of Molson Coors Beverage in the 4th quarter worth about $142,407,000. Fairfax Financial Holdings Ltd. Can bought a new stake in Molson Coors Beverage during the fourth quarter worth about $68,010,000. Thompson Siegel & Walmsley LLC purchased a new stake in Molson Coors Beverage in the third quarter worth about $48,202,000. State Street Corp increased its stake in shares of Molson Coors Beverage by 8.4% during the third quarter. State Street Corp now owns 8,792,196 shares of the company’s stock valued at $505,727,000 after purchasing an additional 681,757 shares in the last quarter. Finally, Estuary Capital Management LP purchased a new position in shares of Molson Coors Beverage during the fourth quarter valued at approximately $39,052,000. Institutional investors own 78.46% of the company’s stock.

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.