Coke remains an attractive long-term investment idea based on resilient topline growth, high margins, and consistent excess investment returns for more than 20 years.
The beverage giant has a lot going for it as an investment.
Coca-Cola (KO 0.72%) shares have become cheaper in 2023 even as the broader market surged. Investors can now purchase the beverage giant for close to the $60 per share it was trading at just before the pandemic struck markets in a big way in early 2020.
Stock Price Forecast
The 21 analysts offering 12-month price forecasts for Coca-Cola Co have a median target of 70.00, with a high estimate of 75.00 and a low estimate of 63.00. The median estimate represents a +13.51% increase from the last price of 61.67.
Coca-Cola's analyst rating consensus is a Strong Buy. This is based on the ratings of 15 Wall Streets Analysts.
It has been predicted that by 2023, Coca-Cola stock prices will rise to their current level. Our research indicates that the highest possible price for Coca-Cola stock by 2023 is $85.12. If sales trends continue, however, the average cost of a Coca-Cola can reach $76.05.
Coca cola stock price target in 2030, We may expect an average value of $130.
It was the drop in profit that Coca-Cola experienced during the 4th quarter. The company's net income dropped substantially from the same period last year when it reported $2.41 billion (56 cents a share). This year, net income was just $2.03 billion (47 cents a share).
The Coca-Cola Company quote is equal to 61.670 USD at 2023-06-19. Based on our forecasts, a long-term increase is expected, the "KO" stock price prognosis for 2028-06-09 is 77.701 USD. With a 5-year investment, the revenue is expected to be around +25.99%. Your current $100 investment may be up to $125.99 in 2028.
Historical daily share price chart and data for CocaCola since 1962 adjusted for splits. The latest closing stock price for CocaCola as of June 15, 2023 is 61.23. The all-time high CocaCola stock closing price was 64.30 on April 21, 2022.
Price Volatility
Stable Share Price: COKE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week. Volatility Over Time: COKE's weekly volatility (5%) has been stable over the past year.
Coke is a high-quality name for a dividend stock investor's watchlist. We like Coca-Cola's KO strategic focus on a total beverage portfolio and think the company's pivot to nonsparkling categories bodes well for healthy top-line growth over our forecast period.
Coca-Cola is forecasted to grow earnings and revenue by 8.2% and 5.1% per annum respectively. EPS is expected to grow by 7.9%. Return on equity is forecast to be 49.1% in 3 years.
As of 17th of June 2023, Free Cash Flow is likely to grow to about 9.8 B, while Enterprise Value is likely to drop about 295.9 B. Coca-Cola shows a prevailing Real Value of $65.72 per share. The current price of the firm is $61.67. At this time, the firm appears to be undervalued.
By investing 1000$ in KO 10 years ago, you would have earned a total dividend of 486$ (until 2023-06-02).
Interactive chart of historical net worth (market cap) for CocaCola (KO) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. CocaCola net worth as of June 16, 2023 is $266.7B.
Coca-Cola's operated at median dividend growth of 2.6% from fiscal years ending December 2018 to 2022. Looking back at the last 5 years, Coca-Cola's dividend growth peaked in December 2018 at 5.4%. Coca-Cola's dividend growth hit its 5-year low in December 2021 of 2.4%.
On average, Wall Street analysts predict that Coca Cola's share price could reach $70.63 by Jun 7, 2024. The average Coca Cola stock price prediction forecasts a potential upside of 14.52% from the current KO share price of $61.67. What is KO's Earnings Per Share (EPS) forecast for 2023-2025?
The company expects sales growth to slow, with organic revenue projected to grow between 7 and 8 percent, down from 16 percent in 2022.
Buffett & Co. determined that Coca-Cola was a good company, had great value, could withstand competition, and was poised to recover. The Coca-Cola stake marked a significant change in Buffett's investing philosophy. Today, Coca-Cola is Berkshire's fourth-biggest holding by market value.
Coca-Cola Stock Buybacks (Quarterly): 619.00M for March 31, 2023.
Dividend Summary
The next Coca-Cola Co dividend went ex 3 days ago for 46c and will be paid in 15 days. The previous Coca-Cola Co dividend was 46c and it went ex 3 months ago and it was paid 3 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.9.
No stock in the S&P 500 has a higher dividend yield than independent oil and gas company Pioneer Natural Resources (PXD).
Dividend Data
The Coca-Cola Company's ( KO ) dividend yield is 2.98%, which means that for every $100 invested in the company's stock, investors would receive $2.98 in dividends per year. The Coca-Cola Company's payout ratio is 58.89% which means that 58.89% of the company's earnings are paid out as dividends.