Coca-Cola Stock Price KO Stock Quote, News, and History
Brands under the Coca-Cola umbrella include Fanta, Fresca, Schweppes, Sprite, Dasani, Gold Peak, Minute Maid, Simply, BODYARMOR, FUZE TEA, and Powerade brands. A trading channel is drawn using parallel trendlines to connect a security’s support and resistance levels within which it currently trades. Pemberton sold his formula and brand in 1889 to Asa Griggs Candler who then embarked on a nationwide advertising campaign. By 1895 Coca-Cola was being sold in every state in the union and it wouldn’t be long before the beverage was being enjoyed worldwide. By 1889 the company was operating under a franchised distribution system that is still in effect today. Filter stock price historical data by date with the ability to view Opens, Highs, Lows, Closes, VWAPs, Volume % Change, and Change.
The Coca-Cola Company first went public in 1919 and it began paying a dividend in 1920. The company has raised its dividend every year since 1962 making it a Dividend King. To put the https://www.topforexnews.org/brokers/hy-markets-full-review-for-2021/ company’s growth and scale into perspective, one share of KO purchased at the IPO price of $40 was worth nearly $10 million in 2012 and the stock price has nearly doubled since then.
Underwriters of the original IPO received $100,000 worth of shares in compensation for the deal and were able to sell it for $2 billion at that time. The Coca-Cola Company is also a component of the Dow Jones Industrial Average holding its position from 1932 to 1935 and from 1987 to the present. Coca-Cola met conservative second quarter 2020 earnings estimates on Tuesday morning, triggering a buy-the-news reaction, but a sharp decline in quarterly revenues could dampen investor enthusiasm.
- The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
- On average, they anticipate the company’s stock price to reach $67.00 in the next year.
- After years of expansion and acquisitions, The Coca-Cola Company is represented in verticals from sparkling soft drinks to flavored water, enhanced water, sports beverages, juice, dairy, tea, and coffee.
- The first quarter decline broke channel support, while the bounce into June reversed at new resistance now situated in the upper $40s.
- The Coca-Cola Company is also a component of the Dow Jones Industrial Average holding its position from 1932 to 1935 and from 1987 to the present.
Upgrade to MarketBeat All Access to add more stocks to your watchlist. View scheduled upcoming and historical dividends by Ex-Dividend Date, Amount, Frequency, Payment at fortrade commodities are how we roll Date, Record Date and Announcement Date. Sign-up to receive the latest news and ratings for Coca-Cola and its competitors with MarketBeat’s FREE daily newsletter.
About MarketBeat
The name is derived from two of the original ingredients coca leaves and kola nuts, although those ingredients are not used today, and was intended to be sold in pharmacies. View stock split history, including the cumulative number of shares that would be held if one share of stock was purchased when the stock began trading in 1919. View year-end closing price of KO stock and annual dividends paid per share. 797 employees have rated Coca-Cola Chief Executive Officer James Quincey on Glassdoor.com. James Quincey has an approval rating of 92% among the company’s employees. This puts James Quincey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies. Customize the view of stock chart with the ability to show key indicators such as Earnings, Dividends & Splits as well as filtering to view only Pre- and Post-Market prices. Coca-Cola Company manufacturesand sells nonalcoholic beverages under well-known brand names in the U.S. and internationally. Coca-Cola was founded in 1886 and is headquartered in Atlanta, GA.
Coca-Cola Analyst Data
The first quarter decline broke channel support, while the bounce into June reversed at new resistance now situated in the upper $40s. Weak buying interest also lowers the odds for a breakout into the low $50s, with the on-balance volume (OBV) accumulation-distribution indicator slumping near first quarter lows. 7 Wall Street research analysts have issued twelve-month price objectives for Coca-Cola’s shares. On average, they anticipate the company’s stock price to reach $67.00 in the next year. This suggests a possible upside of 10.8% from the stock’s current price.
Historical Prices for Coca-Cola
As a result, rival PepsiCo looks like a better bet for long-term investors, especially with its competitive dividend yield of 3.07% compared to Coke’s 3.56%. The beverage giant’s income is highly levered to worldwide partnerships with restaurant, entertainment, and sports venues that have been closed or capacity-restricted due to the pandemic. https://www.day-trading.info/success-trader-broker-the-road-to-trading-success/ Coca-Cola’s rival has benefited from a hugely popular line of at-home snacks that include Doritos, Quaker Oats, Tropicana, and Lay’s Potato Chips. Coca-Cola announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 15th will be given a dividend of $0.485 per share on Monday, April 1st.
Profit margin
The company chose not to provide fiscal year 2020 guidance, due to continued uncertainty. 7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Coca-Cola in the last year. There are currently 1 hold rating and 6 buy ratings for the stock.
View analysts price targets for KO or view top-rated stocks among Wall Street analysts. The bounce into April stretched all the way into the .786 Fibonacci selloff retracement level, which marks the highest high in the past four months. The stock has been consolidating at the 50-day EMA and .618 retracement level since that time, carving a potential bull flag continuation pattern.
This represents a $1.94 annualized dividend and a dividend yield of 3.21%. This is a boost from the stock’s previous quarterly dividend of $0.46. The Coca-Cola Company is headquartered in Atlanta, Georgia, and operates as a beverage company worldwide with sales in over 200 countries. The company manufactures, markets, and sells various nonalcoholic beverages and has expanded well beyond soda and pop. After years of expansion and acquisitions, The Coca-Cola Company is represented in verticals from sparkling soft drinks to flavored water, enhanced water, sports beverages, juice, dairy, tea, and coffee.