Coca-Cola Co (NYSE:KO) (2024)

FAQs

Does KO own co*ke? ›

The Coca-Cola Company (KO) is the parent entity that owns the brands and formulas, whereas Coca-Cola Consolidated (co*kE) is a regional bottler and distributor. Sources: Coca-Cola Consolidated, Inc. 2020 Annual Report.

In the current month, KO has received 18 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. KO average Analyst price target in the past 3 months is $65.93.

Stock Price Forecast

The 12 analysts with 12-month price forecasts for KO stock have an average target of 67.08, with a low estimate of 60 and a high estimate of 74.

The Coca-Cola Company's ( KO ) dividend yield is 3.13%, which means that for every $100 invested in the company's stock, investors would receive $3.13 in dividends per year. The Coca-Cola Company's payout ratio is 74.22% which means that 74.22% of the company's earnings are paid out as dividends.

Warren Buffett owns the most shares of Coca-Cola (KO). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.

Largest shareholders include Berkshire Hathaway Inc, Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase & Co, Geode Capital Management, Llc, Fmr Llc, and Morgan Stanley .

Warren Buffett Coca-Cola Co

Warren Buffett acquired 400 Million Coca-Cola shares worth $24.2 Billion. That's 7.08% of their entire equity portfolio (4th largest holding). The investor owns 9.54% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998.

Is Coca-Cola stock a Buy, Sell or Hold? Coca-Cola stock has received a consensus rating of buy. The average rating score is A1 and is based on 36 buy ratings, 6 hold ratings, and 0 sell ratings. What was the 52-week low for Coca-Cola stock?

What is the forecast for Coca-Cola in 2024? ›

Coca-Cola expects fiscal 2024 organic sales to grow 8% to 9%, compared with its prior forecast of a 6% to 7% rise. First-quarter net revenue rose 2.5% to $11.23 billion, beating LSEG estimates of $11.01 billion. Coca-Cola posted adjusted profit of 72 cents per share, compared with expectations of 70 cents.

Coca-Cola stock price stood at $61.77

According to the latest long-term forecast, Coca-Cola price will hit $65 by the middle of 2025 and then $70 by the end of 2026. Coca-Cola will rise to $80 within the year of 2027, $90 in 2028, $95 in 2029, $100 in 2030, $110 in 2032 and $125 in 2035.

As of today, Coca-Cola Co currently has a 12-month trailing dividend yield of 3.02% and a 12-month forward dividend yield of 3.19%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, Coca-Cola Co's annual dividend growth rate was 3.90%.

It's a Dividend King

Those annual dividend hikes will also help its investors stay ahead of inflation while compounding their returns. If you had reinvested Coca-Cola's dividends back over the past 40 years, you would have generated a total return of 13,340%.

The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.