Molson Coors Class B (TAP)
Brewer of Coors Light and Miller Lite spanning beer and ready-to-drink cocktails.
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Brews and sells Coors Light, Miller Lite, Molson Canadian, Carling and other beer brands across the Americas and Europe, alongside ready-to-drink cocktails, flavored and non-alcoholic beverages. The Americas supplies most sales, with distribution shaped by independent U.S. wholesalers and Canadian provincial systems.
Brews, packages, markets and distributes beer across the Americas and Europe, with additional reach in Latin America, the Middle East, Africa and Asia-Pacific. The portfolio spans Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko; above-premium labels such as Blue Moon, Madrí Excepcional and Staropramen; and value brands including Miller High Life and Keystone Light.
Combines brewing and packaging scale with established sales channels to extend into flavored beverages, ready-to-drink cocktails, non-alcoholic drinks, premium mixers and energy drinks, including Monaco, Vizzy, Fever-Tree and ZOA. The Americas generates most sales, while Coors Light and Miller Lite together contribute more than half of segment sales. Independent distributors carry U.S. products through the regulated three-tier system; Canadian provinces and European markets impose separate distribution and excise regimes.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 7, 2026 | UBS | Reiterate | Rating: —Target: $40 | Target: $45 |
| Jul 22, 2026 | Deutsche Bank | Target | Target: $42 | Target: $41 |
| Jul 16, 2026 | UBS | Reiterate | Rating: —Target: $52 | Target: $40 |
| Jul 8, 2026 | Wells Fargo | Reiterate | Rating: —Target: $54 | Target: $41 |
| May 4, 2026 | Morgan Stanley | Target | Target: — | Target: $46 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.13B · Total debt $7.71B · Total assets $24.36B · Shareholders' equity $10.12B
- Revenue
- $3.10B
- Operating income
- $331.9M
- Net income
- $231.7M
HistoryDividendAnnual yield
| Institutions | 107.25% | 189.49M shares | |
|---|---|---|---|
| 639 holders · as of Jun 30, 2026 | |||
| Insiders | 0.81% | 1.44M shares | |
| 21 holders · as of Jul 1, 2026 | |||
| Adds to | 108.06% | ||
176.68M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 108.06%; nothing is left for Other.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dodge & CoxInstitution | 10.79% | 19.07M A | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 6.88% | 12.15M A | as of Jun 30, 2026 |
AQR Capital Management LLCInstitution | 6.29% | 11.11M A | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.01% | 10.62M A | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 5.87% | 10.37M A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 21, 2026 | Geoffrey E. Molson | director | −1,245 | $42.50 |
| Mar 9, 2026 | Andrew Thomas Molson | director | +2,000 | $46.67 |
| Feb 20, 2026 | James A. Jr Winnefeld | director | +100 | $49.01 |
| Nov 26, 2025 | Christian P. Cocks | director | +45 | $47.19 |
| Nov 10, 2025 | Andrew Thomas Molson | director | +7,500 | $46.79 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Molson Coors Class B | $38.29 | +1.94% | $7.04B | — | 8.1 | 0.6 | −3.3% |
| Anheuser-Busch InBev (ADR) | $78.85 | +1.15% | $153.52B | 16.5 | — | 2.5 | +6.4% |
| Constellation Brands | $119.91 | +1.28% | $20.22B | 11.3 | 10.2 | 2.2 | −3.3% |
| Diageo (ADR) | $87.94 | +1.28% | $48.26B | 27.8 | — | 2.5 | −1.7% |
| Boston Beer | $173.09 | +0.99% | $1.78B | — | 17.4 | 0.9 | −9.1% |
| Median | 16.5 | 13.8 | 2.3 | −2.5% |