For over two centuries Molson Coors has been brewing beverages that unite people for all of life’s moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel’s Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the company’s history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well. The company’s commitment to raising industry standards and leaving a positive imprint on its employees, consumers, communities and the environment is reflected in its Imprint and its 2025 sustainability targets.

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
Coors Brewing Company • CBC Holdco 2 LLC • CBC Holdco LLC • Newco3, Inc. • CBC Holdco 3, Inc. • Coors International • Molson Coors International • Molson Coors International LP • Molson Coors Callco ULC • Molson Coors Canada ...
IRS number
840178360
TAP stock data
News

Pepsi Cozied Up To Celsius: What's Next For Coca-Cola/Monster? Access To Alcohol Via The Backdoor?
8 Aug 22
UBS Maintains Neutral on Molson Coors Beverage, Raises Price Target to $58
3 Aug 22
Credit Suisse Maintains Underperform on Molson Coors Beverage, Lowers Price Target to $49
3 Aug 22
Why Shares Of Cannabis Companies Traded Higher; Here Are 101 Biggest Movers From Yesterday
3 Aug 22
Molson Coors Beverage: Q2 Earnings Insights
2 Aug 22
Analyst ratings and price targets
Current price
Average target
$54.80
Low target
$49.00
High target
$59.00
UBS
Maintains
$58.00
Credit Suisse
Maintains
$49.00
Deutsche Bank
Maintains
$54.00
Goldman Sachs
Upgraded
$54.00
Calendar
2 Aug 22
16 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 442.1M | 442.1M | 442.1M | 442.1M | 442.1M | 442.1M |
Cash burn (monthly) | (no burn) | 72.23M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 113.51M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 328.59M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 4.5 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Aug 22 | James A Winnefeld Jr | Class B Common Stock | Buy | Acquire P | No | No | 53.45 | 200 | 10.69K | 13,226 |
30 Jun 22 | Herington Charles M | Class B Common Stock | Grant | Acquire A | No | No | 0 | 230 | 0 | 49,284 |
30 Jun 22 | Nessa O'Sullivan | Class B Common Stock | Grant | Acquire A | No | No | 0 | 459 | 0 | 13,924 |
30 Jun 22 | Eaton Roger G. | Class B Common Stock | Grant | Acquire A | No | No | 0 | 551 | 0 | 43,634 |
30 Jun 22 | Vachon Louis | Class B Common Stock | Grant | Acquire A | No | No | 0 | 528 | 0 | 35,699 |
Institutional ownership, Q1 2022
43.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 547 |
Opened positions | 83 |
Closed positions | 68 |
Increased positions | 211 |
Reduced positions | 171 |
13F shares | Current |
---|---|
Total value | 13.49B |
Total shares | 195.09M |
Total puts | 950.4K |
Total calls | 1.13M |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Dodge & Cox | 30.25M | $1.61B |
Adolph Coors | 21.52M | $826.48M |
Vanguard | 21.33M | $1.14B |
BLK Blackrock | 16.68M | $890.28M |
STT State Street | 8.73M | $465.89M |
LSV Asset Management | 7.62M | $406.97M |
Clarkston Capital Partners | 6.18M | $329.65M |
Pentland Securities | 5.04M | $288.4M |
Capital International Investors | 4.72M | $252.01M |
Geode Capital Management | 3.65M | $194.6M |
Financial report summary
?Risks
- The coronavirus pandemic, efforts to mitigate or disrupt the coronavirus pandemic and related weak, or weakening of, economic or other negative conditions, have disrupted, and may continue to disrupt our business, which has had and could continue to have a material adverse effect on our operations, liquidity, financial condition and financial results.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
New words:
actuarial, annuity, brokerage, covered, disproportionate, fifty, floating, Lemonade, longevity, mortality, notice, outlined, owed, percent, rebuild, relieve, replenish, restart, retirement, Simply, Spiked, successfully, twenty
Removed:
accessing, amortized, close, expanded, geographical, improved, inaccessible, innovation, large, occur, secure, served, sporting, sustained, wholesale
Financial reports
Current reports
8-K
Molson Coors Delivers Fifth Consecutive Quarter of Top-Line Growth on a Constant Currency Basis
2 Aug 22
8-K
Amendments to Articles of Incorporation or Bylaws
23 May 22
8-K
Molson Coors Delivers First Quarter Double-Digit Top and Bottom-Line Growth with Highest Above Premium Mix Since the 2016 MillerCoors Acquisition
3 May 22
8-K
Molson Coors Delivers Double-Digit Q4 Top-Line and Bottom-Line Growth
23 Feb 22
8-K
Departure of Directors or Certain Officers
3 Nov 21
8-K
Reaffirms Key 2021 Financial Guidance as Company Continues to Deliver on its Revitalization Plan and Premiumize its Portfolio
28 Oct 21
8-K
Entry into a Material Definitive Agreement
7 Oct 21
8-K
Departure of Directors or Certain Officers
4 Aug 21
8-K
Improves Financial Flexibility, Deleverages the Balance Sheet and Reinstates a Dividend
29 Jul 21
8-K
Departure of Directors or Certain Officers
28 May 21
Registration and prospectus
S-8
Registration of securities for employees
29 Jul 21
S-3ASR
Automatic shelf registration
11 Feb 21
25-NSE
Exchange delisting
18 Mar 19
S-3ASR
Automatic shelf registration
1 Mar 18
8-A12B
Registration of securities on exchange
18 Dec 17
424B3
Prospectus supplement
13 Nov 17
S-4
Registration of securities issued in business combination transactions
31 Oct 17
8-A12B
Registration of securities on exchange
5 Mar 17
424B5
Prospectus supplement for primary offering
30 Jun 16
424B5
Prospectus supplement for primary offering
29 Jun 16
Proxies
DEFA14A
Additional proxy soliciting materials
6 Apr 22
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEFA14A
Additional proxy soliciting materials
8 Apr 21
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEFA14A
Additional proxy soliciting materials
4 Apr 19
DEF 14A
Definitive proxy
4 Apr 18
Other
CORRESP
Correspondence with SEC
22 May 19
UPLOAD
Letter from SEC
22 May 19
UPLOAD
Letter from SEC
13 May 19
UPLOAD
Letter from SEC
10 Apr 18
CORRESP
Correspondence with SEC
8 Apr 18
UPLOAD
Letter from SEC
3 Apr 18
CERT
Certification of approval for exchange listing
18 Dec 17
EFFECT
Notice of effectiveness
12 Nov 17
CORRESP
Correspondence with SEC
8 Nov 17
UPLOAD
Letter from SEC
7 Nov 17
Ownership
4
MOLSON COORS BEVERAGE / James A Winnefeld Jr ownership change
4 Aug 22
4
MOLSON COORS BEVERAGE / Roger G. Eaton ownership change
5 Jul 22
4
MOLSON COORS BEVERAGE / CHARLES M HERINGTON ownership change
5 Jul 22
4
MOLSON COORS BEVERAGE / Nessa O'Sullivan ownership change
5 Jul 22
4
MOLSON COORS BEVERAGE / LOUIS VACHON ownership change
5 Jul 22
4
MOLSON COORS BEVERAGE / Anne-Marie W D'Angelo ownership change
3 Jun 22
4
MOLSON COORS BEVERAGE / Geoffrey E. Molson ownership change
25 May 22
4
MOLSON COORS BEVERAGE / Roger G. Eaton ownership change
25 May 22
4
MOLSON COORS BEVERAGE / Andrew Thomas Molson ownership change
25 May 22
4
MOLSON COORS BEVERAGE / LOUIS VACHON ownership change
25 May 22
Transcripts
2022 Q2
Earnings call transcript
2 Aug 22
2022 Q1
Earnings call transcript
3 May 22
2021 Q4
Earnings call transcript
23 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
29 Jul 21
2021 Q1
Earnings call transcript
30 Apr 21
2020 Q4
Earnings call transcript
12 Feb 21
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
12 Feb 20
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