Coca-Cola is one of the most iconic brands in the world, and its stock has been a popular investment for decades. Over the past 10 years, KO stock has gained an average of 8.5% per year, outperforming the S&P 500 index.
In 2023, Coca-Cola stock has continued to perform well, rising by over 10%. This growth has been driven by strong sales of the company's core products, as well as the success of new products such as Coca-Cola Zero Sugar.
Analysts are bullish on Coca-Cola stock, with a consensus price target of $65.00. This represents a potential upside of over 10% from the current price.
Some of the factors that are expected to drive Coca-Cola stock price higher in the future include:
Coca-Cola stock is a good investment for those seeking a long-term, defensive investment. The company has a strong track record of growth and profitability, and its brands are recognized around the world.
However, investors should be aware that Coca-Cola stock is not immune to market downturns. In periods of economic uncertainty, the stock price may decline.
Coca-Cola has a long history of paying dividends to shareholders. The company has increased its dividend for 59 consecutive years, making it one of the most reliable dividend payers in the world.
The current dividend yield on Coca-Cola stock is 2.75%. This yield is higher than the average yield on the S&P 500 index, and it makes Coca-Cola stock an attractive option for income investors.
Year | Annual Return |
---|---|
2013 | 2.6% |
2014 | 10.3% |
2015 | 7.2% |
2016 | 5.1% |
2017 | 15.9% |
2018 | 10.2% |
2019 | 12.3% |
2020 | -11.4% |
2021 | 18.6% |
2022 | 10.4% |
Analyst Firm | Rating | Target Price |
---|---|---|
Goldman Sachs | Buy | $66.00 |
Morgan Stanley | Overweight | $64.00 |
Bank of America | Buy | $63.00 |
Citigroup | Neutral | $60.00 |
JPMorgan Chase | Overweight | $62.00 |
Year | Dividend per Share | Yield |
---|---|---|
2013 | $1.60 | 2.6% |
2014 | $1.68 | 2.5% |
2015 | $1.76 | 2.4% |
2016 | $1.84 | 2.3% |
2017 | $1.92 | 2.2% |
2018 | $2.00 | 2.1% |
2019 | $2.08 | 2.0% |
2020 | $2.16 | 1.9% |
2021 | $2.24 | 1.8% |
2022 | $2.32 | 1.7% |
Metric | Value |
---|---|
Market Cap | $285.1 billion |
P/E Ratio | 26.5 |
PEG Ratio | 2.3 |
Dividend Yield | 2.75% |
Debt-to-Equity Ratio | 1.0 |
Return on Equity | 20.0% |
Gross Profit Margin | 60.0% |
Net Profit Margin | 15.0% |
2024-11-17 01:53:44 UTC
2024-11-18 01:53:44 UTC
2024-11-19 01:53:51 UTC
2024-08-01 02:38:21 UTC
2024-07-18 07:41:36 UTC
2024-12-23 02:02:18 UTC
2024-11-16 01:53:42 UTC
2024-12-22 02:02:12 UTC
2024-12-20 02:02:07 UTC
2024-11-20 01:53:51 UTC
2024-12-31 04:38:06 UTC
2025-01-03 10:34:37 UTC
2024-12-08 03:11:20 UTC
2024-12-08 17:59:31 UTC
2024-12-09 08:47:11 UTC
2024-12-10 03:15:24 UTC
2024-12-11 05:47:27 UTC
2024-12-12 21:42:18 UTC
2025-01-04 06:15:36 UTC
2025-01-04 06:15:36 UTC
2025-01-04 06:15:36 UTC
2025-01-04 06:15:32 UTC
2025-01-04 06:15:32 UTC
2025-01-04 06:15:31 UTC
2025-01-04 06:15:28 UTC
2025-01-04 06:15:28 UTC