Molson Coors Beverage Company (NYSE:TAP) Receives $44.00 Average PT from Analysts

Shares of Molson Coors Beverage Company (NYSE:TAP) have earned a consensus rating of “Hold” from the nineteen research firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $44.2353.

A number of brokerages have weighed in on TAP. Citigroup cut their target price on shares of Molson Coors Beverage from $47.00 to $42.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. UBS Group reiterated a “neutral” rating and issued a $45.00 price objective on shares of Molson Coors Beverage in a research note on Friday. Needham & Company LLC restated a “buy” rating and set a $50.00 target price on shares of Molson Coors Beverage in a research report on Friday. TD Cowen raised Molson Coors Beverage to a “hold” rating in a report on Friday, June 26th. Finally, Wells Fargo & Company reduced their price target on Molson Coors Beverage from $43.00 to $41.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th.

Insider Buying and Selling at Molson Coors Beverage

In other news, Director Geoffrey E. Molson sold 1,245 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $42.50, for a total value of $52,912.50. Following the sale, the director directly owned 9,871 shares of the company’s stock, valued at approximately $419,517.50. This represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Molson Coors Beverage

Several hedge funds have recently bought and sold shares of TAP. Caxton Associates LLP purchased a new stake in Molson Coors Beverage in the 1st quarter worth approximately $202,000. United Services Automobile Association purchased a new position in shares of Molson Coors Beverage during the 1st quarter valued at $215,000. Woodline Partners LP grew its position in shares of Molson Coors Beverage by 38.7% during the 1st quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock valued at $885,000 after purchasing an additional 4,056 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Molson Coors Beverage by 32.9% in the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after purchasing an additional 198 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Molson Coors Beverage by 4.7% in the second quarter. First Trust Advisors LP now owns 413,578 shares of the company’s stock worth $19,889,000 after buying an additional 18,566 shares in the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Key Molson Coors Beverage News

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q2 earnings exceeded expectations. Molson Coors reported adjusted EPS of $1.58, above the $1.51 consensus estimate, while revenue of $3.10 billion also topped estimates of $3.08 billion. Pricing actions and cost savings offset weaker volumes. Molson Coors Q2 Earnings Beat Estimates on Pricing and Cost Savings
• Positive Sentiment: Management reaffirmed its 2026 outlook. The company maintained its projected EPS range of approximately $4.61 to $4.82 and revenue outlook of $11.0 billion to $11.3 billion. It also plans 1% to 2% pricing increases, supporting expectations for continued margin protection. Molson Coors Reaffirms 2026 Outlook
• Positive Sentiment: Needham reaffirmed its Buy rating and assigned a $50 price target, implying roughly 15% upside from the referenced share price. This provides a bullish counterpoint to more cautious analyst views. Needham Reaffirms Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. The broader analyst consensus is Hold, while Piper Sandler lowered its target from $45 to $44 and retained a Neutral rating. Consensus Hold Recommendation
• Neutral Sentiment: Execution is now the main focus. Commentary following the results highlights the need for Molson Coors to convert pricing and cost initiatives into sustainable growth while addressing demand challenges. Molson Coors Update Puts Execution in Focus
• Negative Sentiment: Underlying operating trends remain weak. Second-quarter sales declined 3.3% year over year, income before taxes fell 49%, and EPS dropped from $2.05 a year earlier as sluggish demand, lower volumes and higher supply costs pressured results. Molson Coors Sales Fall Amid Demand Challenges

Molson Coors Beverage Stock Performance

Shares of TAP opened at $43.46 on Friday. The firm has a market cap of $8.15 billion, a PE ratio of -3.77 and a beta of 0.42. The stock’s fifty day moving average price is $40.35 and its two-hundred day moving average price is $43.61. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.88 and a quick ratio of 0.72. Molson Coors Beverage has a 1 year low of $38.04 and a 1 year high of $54.82.

Molson Coors Beverage (NYSE:TAP) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.07. Molson Coors Beverage had a positive return on equity of 9.46% and a negative net margin of 17.83%.The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter in the prior year, the company earned $2.05 EPS. The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, equities research analysts forecast that Molson Coors Beverage will post 4.82 EPS for the current year.

Molson Coors Beverage Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Friday, August 28th. Molson Coors Beverage’s payout ratio is presently -16.64%.

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.