Molson Coors Beverage (NYSE:TAP) Updates FY 2026 Earnings Guidance

Molson Coors Beverage (NYSE:TAP) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.607-4.823 for the period, compared to the consensus earnings per share estimate of 4.760. The company issued revenue guidance of $11.0 billion-$11.3 billion, compared to the consensus revenue estimate of $11.1 billion.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Wells Fargo & Company reduced their target price on shares of Molson Coors Beverage from $43.00 to $41.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Sanford C. Bernstein decreased their price target on shares of Molson Coors Beverage from $74.00 to $45.00 and set a “market perform” rating on the stock in a research note on Tuesday, May 26th. Barclays lowered their price target on shares of Molson Coors Beverage from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Friday, May 1st. Finally, Jefferies Financial Group cut their price objective on shares of Molson Coors Beverage from $43.00 to $41.00 in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $44.00.

Molson Coors Beverage Price Performance

TAP stock opened at $41.89 on Thursday. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of -3.94 and a beta of 0.42. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. Molson Coors Beverage has a 52-week low of $38.04 and a 52-week high of $54.82. The stock’s fifty day simple moving average is $40.23 and its 200-day simple moving average is $43.70.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Thursday, August 6th. The company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.51 by $0.07. Molson Coors Beverage had a positive return on equity of 9.79% and a negative net margin of 16.14%.The firm had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.08 billion. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities research analysts expect that Molson Coors Beverage will post 4.77 EPS for the current year.

Molson Coors Beverage Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 28th will be issued a $0.48 dividend. The ex-dividend date is Friday, August 28th. This represents a $1.92 annualized dividend and a yield of 4.6%. Molson Coors Beverage’s payout ratio is -18.05%.

Insider Activity 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 transaction of $52,912.50. Following the transaction, the director directly owned 9,871 shares in the company, valued at $419,517.50. This represents a 11.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Molson Coors Beverage

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Smartleaf Asset Management LLC raised its stake in Molson Coors Beverage by 64.2% during the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock worth $27,000 after purchasing an additional 221 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in shares of Molson Coors Beverage during the 4th quarter valued at $36,000. IFP Advisors Inc grew its stake in shares of Molson Coors Beverage by 134.2% during the 3rd quarter. IFP Advisors Inc now owns 787 shares of the company’s stock valued at $38,000 after buying an additional 451 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after buying an additional 198 shares during the period. Finally, Zions Bancorporation National Association UT increased its holdings in shares of Molson Coors Beverage by 808.0% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,017 shares of the company’s stock worth $47,000 after buying an additional 905 shares during the last quarter. Institutional investors and hedge funds own 78.46% of the company’s stock.

About Molson Coors Beverage

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.