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

Molson Coors Beverage (NYSE:TAP) issued an update on its FY 2026 earnings guidance on Wednesday 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 5.420. The company issued revenue guidance of $11.0 billion-$11.3 billion, compared to the consensus revenue estimate of $11.2 billion.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TAP shares. Roth Mkm set a $58.00 target price on shares of Molson Coors Beverage in a research report on Thursday. Jefferies Financial Group set a $45.00 target price on shares of Molson Coors Beverage in a research report on Thursday. Zacks Research upgraded Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Barclays reaffirmed an “underweight” rating and issued a $49.00 price target on shares of Molson Coors Beverage in a report on Friday, January 16th. Finally, Needham & Company LLC cut their price objective on shares of Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $52.24.

Molson Coors Beverage Price Performance

Shares of TAP opened at $48.33 on Friday. Molson Coors Beverage has a twelve month low of $42.94 and a twelve month high of $64.66. The company has a 50 day moving average of $48.85 and a two-hundred day moving average of $47.87. The company has a quick ratio of 0.45, a current ratio of 0.60 and a debt-to-equity ratio of 0.37. The company has a market cap of $9.55 billion, a price-to-earnings ratio of -4.45 and a beta of 0.48.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.04. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a positive return on equity of 8.67% and a negative net margin of 16.41%.The firm’s revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, analysts predict that Molson Coors Beverage will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given a dividend of $0.48 per share. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, March 6th. Molson Coors Beverage’s dividend payout ratio (DPR) is currently -17.60%.

Molson Coors Beverage News Summary

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q4 EPS beat — Molson Coors reported $1.21 per share vs. a $1.17 consensus, showing underlying earnings resilience despite softer top‑line results. Molson Coors Surpasses Q4 Earnings Estimates
• Positive Sentiment: Dividend bump — the company raised the quarterly dividend to $0.48 (up 2.1%), maintaining a ~3.9% yield, which supports income investors and signals board confidence in cash flow.
• Neutral Sentiment: Investor presentation — management presented at the CAGNY conference (slides and transcript available), providing more detail on strategy and outlook that investors can use to gauge execution risk. CAGNY Presentation
• Negative Sentiment: Guidance miss — FY‑2026 EPS guidance of $4.607–$4.823 vs. consensus ~$5.42, and revenue guidance roughly in line but skewing lower, drove the strongest negative reaction because it implies double‑digit profit declines year‑over‑year. Molson Coors forecasts sharp drop in 2026 profit
• Negative Sentiment: Cost headwinds — management flagged higher aluminum tariffs and input costs as key drivers of the profit downgrade, increasing margin pressure for 2026. Aluminum costs bite
• Negative Sentiment: Analyst reactions — Needham trimmed its price target to $52 (from $54) and Wells Fargo cut its target to $52, signaling reduced near‑term upside in sell‑side forecasts and contributing to selling pressure. Analyst downgrade and gap down
• Negative Sentiment: Top‑line softness — net sales fell ~2.7% year‑over‑year and volumes were down, underscoring demand weakness among price‑sensitive consumers. Profit, sales fall

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp lifted its position in Molson Coors Beverage by 19.2% in the third quarter. State Street Corp now owns 10,516,810 shares of the company’s stock valued at $475,886,000 after buying an additional 1,693,682 shares during the last quarter. Royal London Asset Management Ltd. raised its stake in shares of Molson Coors Beverage by 317.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock valued at $98,297,000 after acquiring an additional 1,554,851 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Molson Coors Beverage by 17.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,572,843 shares of the company’s stock worth $353,502,000 after acquiring an additional 1,147,800 shares during the last quarter. Millennium Management LLC boosted its position in shares of Molson Coors Beverage by 279.2% during the 3rd quarter. Millennium Management LLC now owns 1,087,251 shares of the company’s stock worth $49,198,000 after purchasing an additional 800,529 shares during the period. Finally, California Public Employees Retirement System increased its holdings in Molson Coors Beverage by 142.6% in the 4th quarter. California Public Employees Retirement System now owns 1,322,463 shares of the company’s stock valued at $61,733,000 after purchasing an additional 777,244 shares during the last quarter. 78.46% of the stock is currently owned by institutional investors and hedge funds.

Molson Coors Beverage Company Profile

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.