molson coors brewing company is a leading global brewer delivering extraordinary brands that delight the world's beer drinkers. we brew, market and sell a portfolio of leading premium brands such as coors light, molson canadian, carling, staropramen and blue moon across the americas, europe and asia. we operate in canada through molson coors canada; in the us through millercoors; across europe through molson coors europe; and outside these core markets through molson coors international. the company has been listed on the dow jones sustainability world index for the past four years and was named global beverage sector leader in 2012 and 2013. we are constantly looking for ways to improve our beer print. for more information, visit www.molsoncoors.com.
Company profile
Ticker
TAP, TAP.A
Exchange
Website
CEO
Gavin Hattersley
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
COORS ADOLPH CO, MOLSON COORS BREWING CO
SEC CIK
Corporate docs
Subsidiaries
3230600 Nova Scotia Company • CBC Holdco 2 LLC • CBC Holdco 3, Inc. • CBC Holdco LLC • Coors Brewing Company • Coors Distributing Company LLC • Coors International • Molson Canada • Molson Coors (Barbados) SRL • Molson Coors (UK) Holdings ...
IRS number
840178360
TAP stock data
Latest filings (excl ownership)
25-NSE
Exchange delisting
15 Jul 24
8-K
Entry into a Material Definitive Agreement
7 Jun 24
CERT
Certification of approval for exchange listing
30 May 24
8-K
Entry into a Material Definitive Agreement
29 May 24
8-A12B
Registration of securities on exchange
29 May 24
8-K
Other Events
24 May 24
424B5
Prospectus supplement for primary offering
24 May 24
FWP
Free writing prospectus
22 May 24
424B5
Prospectus supplement for primary offering
22 May 24
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
Transcripts
TAP
Earnings call transcript
2024 Q1
30 Apr 24
TAP
Earnings call transcript
2023 Q4
13 Feb 24
TAP
Earnings call transcript
2023 Q3
2 Nov 23
TAP
Earnings call transcript
2023 Q2
1 Aug 23
TAP
Earnings call transcript
2023 Q1
2 May 23
TAP
Earnings call transcript
2022 Q4
21 Feb 23
TAP
Earnings call transcript
2022 Q3
1 Nov 22
TAP
Earnings call transcript
2022 Q2
2 Aug 22
TAP
Earnings call transcript
2022 Q1
3 May 22
TAP
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm | 458.40 mm |
Cash burn (monthly) | 136.83 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 528.97 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -70.57 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -0.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
94.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 644 |
Opened positions | 189 |
Closed positions | 84 |
Increased positions | 179 |
Reduced positions | 180 |
13F shares | Current |
---|---|
Total value | 9.83 tn |
Total shares | 186.37 mm |
Total puts | 639.74 k |
Total calls | 595.30 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.74 mm | $1.46 tn |
Adolph Coors | 21.52 mm | $826.48 mm |
BLK Blackrock | 15.07 mm | $1.01 tn |
Dodge & Cox | 14.51 mm | $976.12 bn |
Capital International Investors | 9.69 mm | $651.85 bn |
STT State Street | 8.33 mm | $560.26 bn |
LSV Asset Management | 6.33 mm | $425.75 mm |
Pentland Securities | 5.04 mm | $288.40 mm |
Aqr Capital Management | 4.81 mm | $323.63 bn |
Geode Capital Management | 4.24 mm | $284.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 24 | Herington Charles M | Class B Common Stock | Grant | Acquire A | No | No | 0 | 259 | 0.00 | 56,642 |
27 May 24 | Eaton Roger G. | Class B Common Stock | Payment of exercise | Dispose F | No | No | 53.5 | 524 | 28.03 k | 49,353 |
27 May 24 | Molson Geoffrey E. | Class B Common Stock | Payment of exercise | Dispose F | No | No | 53.5 | 1,486 | 79.50 k | 27,291 |
27 May 24 | Riley H Sanford | Class B Common Stock | Payment of exercise | Dispose F | No | No | 53.5 | 1,275 | 68.21 k | 44,484 |
27 May 24 | Nessa O'Sullivan | Class B Common Stock | Payment of exercise | Dispose F | No | No | 53.5 | 548 | 29.32 k | 21,093 |
News
Deutsche Bank Maintains Hold on Molson Coors Beverage, Lowers Price Target to $56
25 Jul 24
Piper Sandler Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $57
19 Jul 24
Jefferies Maintains Hold on Molson Coors Beverage, Lowers Price Target to $57
18 Jul 24
Barclays Downgrades Molson Coors Beverage to Underweight, Lowers Price Target to $47
18 Jul 24
JP Morgan Maintains Neutral on Molson Coors Beverage, Lowers Price Target to $54
15 Jul 24
Press releases
Molson Coors Beverage Company Announces Regular Quarterly Dividend
18 Jul 24
Molson Coors Beverage Company to Webcast 2024 Second Quarter Earnings Conference Call
8 Jul 24
Molson Coors Beverage Company Announces Pricing of its Public Offering of Euro-Denominated Senior Notes
22 May 24
Molson Coors Beverage Company Announces Proposed Public Offering of Euro-Denominated Senior Notes
22 May 24
Molson Coors Beverage Company Announces Regular Quarterly Dividend
16 May 24