TAP - Molson Coors Brewing Company
| Previous Close | 59.57 |
| Open | 59.75 |
| Bid | 59.41 x 1000 |
| Ask | 59.44 x 800 |
| Day's Range | 59.28 - 60.38 |
| 52 Week Range | 58.75 - 85.86 |
| Volume | 311,380 |
| Avg. Volume | 2,118,503 |
| Market Cap | 12.862B |
| Beta (3Y Monthly) | 0.77 |
| PE Ratio (TTM) | 8.18 |
| EPS (TTM) | 7.28 |
| Earnings Date | Oct 31, 2018 |
| Forward Dividend & Yield | 1.64 (2.76%) |
| Ex-Dividend Date | 2018-08-30 |
| 1y Target Est | 74.25 |
- Reuters•1 hour ago
Canada drops U.S.-made aluminum-can tariff amid beer can shortage
Canada's move to drop a 10 percent duty on U.S.-made aluminum cans is good news for Canadian beer makers battling a shortage of tall cans, according to brewing industry executives. The aluminum products excluded from tariffs last week include cans that brewers have been struggling to keep in stock, said Luke Harford, president of trade association Beer Canada. Reuters reported in July that some Canadian breweries were scrambling to find aluminum cans.
- Market Realist•4 hours ago
Constellation Brands’ CEO Rob Sands to Step Down Next Year
On October 17 in after-market hours, Constellation Brands (STZ) announced that Rob Sands will step down as CEO effective March 1, 2019. Bill Newlands, the company’s president and chief operating officer, will become the new CEO. Constellation Brands stock rose 0.5% in after-market hours yesterday.
- Benzinga•yesterday
Cannabis Is Now Legal In Canada: Industry Insiders Discuss What It Means For Stocks, International Market
Canada is now the second country in the world to fully legalize cannabis, allowing adults to consume marijuana for recreational purposes. Much has been said about the move, with journalists and experts discussing various topics ranging from the impact on the Canadian economy, to the pitfalls it may have, to supply shortage fears. The legal age for marijuana use will be 19.
- Motley Fool•2 days ago
The Largest Private Employer in the World May Soon Sell Marijuana Products
The legal cannabis era has arrived, and many of the world's biggest brands are taking notice.
- Yahoo Finance•3 days ago
Cannabis edibles will soon be a $4 billion business
The cannabis business has been on fire lately, and there’s one area in the space that could still have serious potential to heat up: edibles, according to a new report by Arcview Market Research.
- Motley Fool•4 days ago
More Than a Cheap Buzz, Beer Can Defend Your Stock Portfolio
This unloved sector could help mitigate some stock-market turbulence.
Associated Press•4 days agoWilliam Coors, former chair of Adolph Coors, dies at 102
William "Bill" Coors, the former chairman of Adolph Coors Co. and grandson of the brewing company's founder, has died at 102.
- American City Business Journals•5 days ago
Beer patriarch Bill Coors, grandson of Adolph Coors Co. founder, dies at 102
Bill Coors, grandson of Adolph Coors, founder of Adolph Coors Co., died Saturday. Born Aug. 11, 1916, Coors went to work in the family business in Golden in 1939 and remained with the company for 65 years. “The fact that we survived and even grew over the years when so many breweries went out of business was an accomplishment that all Coors employees can be proud of,” he would say, according to a company release.
- Business Wire•5 days ago
Molson Coors Remembers Bill Coors
TSX: TPX) is saddened to announce that William (“Bill”) K. Coors, former chairman of the board of Adolph Coors Company and one of the truly great beer industry leaders, died peacefully at his home today at age 102. Coors was born Aug. 11, 1916, the grandson of Adolph Coors Company founder Adolph Coors. Under his watch, Coors survived and prospered while hundreds of breweries went out of business.
Motley Fool•5 days ago1 Reason the Marijuana Boom May Not Be a Bubble
Fears of a bubble may seem reasonable after the recent surge, but there are plenty of investors who see long-term growth here.
- GlobeNewswire•6 days ago
Market Trends Toward New Normal in NiSource, Radian Group, Abraxas Petroleum, Plains All American Pipeline, Molson Coors Brewing, and PerkinElmer — Emerging Consolidated Expectations, Analyst Ratings
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Barrons.com•8 days ago
Staples Stocks May Not Be the Shelter Investors Are Seeking
There’s certainly an appetite for defensive positioning, but Deutsche Bank warns that it’s not yet time to jump into this sector.
- Market Realist•8 days ago
Walmart Canada Is Exploring the Busy Cannabis Space
On October 9, Bloomberg reported that Walmart’s (WMT) Canadian arm did some fact-finding on the possibility of selling cannabis-based products. Molson Coors Brewing’s (TAP) Canadian arm has struck a deal with Hydropothecary (HEXO) to develop cannabis-infused nonalcoholic beverages in Canada. In an email to Bloomberg, Diane Medeiros of Walmart stated that Walmart has no plans yet to sell cannabis-infused products.
- Motley Fool•8 days ago
Canada Legalizes Marijuana in 1 Week: 6 Things You Need to Know
The green rush is literally right around the corner.
- Zacks•8 days ago
Bear of the Day: Constellation Brands (STZ)
Bear of the Day: Constellation Brands (STZ)
Markit•9 days agoSee what the IHS Markit Score report has to say about Molson Coors Brewing Co.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Market Realist•9 days agoBehind Constellation Brands’ Q2 Beer Sales
Constellation Brands’ (STZ) beer segment continued to drive the overall sales growth of the company in the second quarter of fiscal 2019. The company’s beer segment sales grew 10.5% to $1.5 billion in the second quarter due to continued strength in its imported beer portfolio. In contrast, net sales of rival Molson Coors Brewing (TAP) declined 0.2% to $3.1 billion, as the company’s volumes continued to be weak in North America.
Market Realist•10 days agoConstellation Brands’ Q2 Sales Surpassed Expectations
Constellation Brands’ (STZ) sales grew 10.3% on a year-over-year basis to $2.30 billion in the second quarter of fiscal 2019. The company’s sales growth in the second quarter was higher than the 6.1% growth in the first quarter of fiscal 2019 and the 3.2% growth in the second quarter of fiscal 2018. Constellation Brands’ sales growth in the second quarter was a result of the impressive performance of the company’s beer division and an improvement in the top line of its wine and spirits segment.
Market Realist•10 days agoAnalysts React Positively to Constellation Brands’ Q2 Results
Constellation Brands (STZ) delivered strong results for the second quarter of fiscal 2019, which ended on August 31, driven by the impressive performance of its beer portfolio in the key summer selling season. Constellation Brands stock surged 5.4% on October 4, the day second-quarter results were declared. Stocks of major alcoholic beverage peers Anheuser-Busch InBev (BUD), Molson Coors Brewing (TAP), and Brown-Forman (BF.B) are down 22.3%, 24.6%, and 7.84%, respectively, so far in 2018.
- IPO-Edge.com•3 months ago
EXCLUSIVE: Hightimes Will Be First IPO to Accept Bitcoin, Ethereum
Parent of Hightimes Magazine Raising Up to $50 Million in IPO to Fund Growth By John Jannarone High Times Holding will accept investments in the form of Bitcoin and Ethereum, the first traditional IPO to incorporate cryptocurrencies, IPO Edge has learned. High Times, which owns the namesake magazine and operates the legendary Cannabis Cup […]
- Business Wire•10 days ago
Molson Coors Brewing Company to Webcast 2018 Third Quarter Earnings Conference Call
Molson Coors Brewing Company will host an online, real-time webcast of the company’s 2018 Third Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m.
- IPO Edge•3 months ago
EXCLUSIVE: Hightimes Will Be First IPO to Accept Bitcoin, Ethereum
Parent of Hightimes Magazine Raising Up to $50 Million in IPO to Fund Growth By John Jannarone High Times Holding will accept investments in the form of Bitcoin and Ethereum, the first traditional IPO to incorporate cryptocurrencies, IPO Edge has learned. High Times, which owns the namesake magazine and operates the legendary Cannabis Cup […]
- American City Business Journals•13 days ago
Here are the top 20 best-selling beer brands in America
The continued rise in craft beers — which Memphis has a lot of — are taking market share from some of the stalwarts of the U.S. beer industry.
- American City Business Journals•13 days ago
Miller and Coors agree to Brewers-Rockies series wager
The series is an exciting one for MillerCoors and the beer company with deep ties to both teams has decided to up the stakes.
- Zacks•13 days ago
Molson Coors and HEXO Joint Venture Goes Live as "Truss"
Molson Coors Canada (TAP) and Hydropothecary launch its JV, Truss, to explore the non-alcoholic cannabis-infused drinks market, just before cannabis trade is legalized in Canada.
