Molson Coors Brewing Company (MCBC) Stock News

I am downgrading Citizens Financial Group (CFG) to a hold due to fair valuation and mixed technicals despite a 64% gain since April 2023. Key January catalysts include the December payrolls report, bank earnings, and a Fed meeting, with CFG's Q4 earnings report on January 17 being crucial. CFG's Q3 results were mixed, with a revenue miss and slight NIM decline, but Q4 projections show potential...

I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is not a get-rich-quick strategy, it requires commitment and a long-term mindset. Making a New Year's resolution is a great way to help maintain that mindset. I discuss two scenarios of hypothetical ...

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable December 20, 2024, to stockholders of record on December 6, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Be...

Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD and TAP are reasonably valued relative to forward EPS growth, but both risk becoming value traps. Our analysis suggests key support levels for BUD at $54 and a potential upside for TAP to $80-$82 ...

Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet.

Molson Coors Beverage Company (NYSE:TAP ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Corporate Participants Traci Mangini - Vice President, Investor Relations Gavin Hattersley - President and Chief Executive Officer Tracey Joubert - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Drew Levine - JPMorgan Filippo Falorni - Citi Bryan Spillane - ...

Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)--Molson Coors Beverage Company Reports 2024 Third Quarter Results.