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

FAQs

What is the future of KO stock? ›

KO Stock 12 Month Forecast

Based on 14 Wall Street analysts offering 12 month price targets for Coca-Cola in the last 3 months. The average price target is $67.85 with a high forecast of $72.00 and a low forecast of $58.00. The average price target represents a 7.70% change from the last price of $63.00.

If you're looking on the stock exchange for co*ke, you'll likely find co*kE, which is the Coca-Cola Bottling Co. Consolidated. But if you're looking for the “real thing,” — the original Coca-Cola parent company — it trades under the ticker symbol KO.

The Coca-Cola Company's ( KO ) dividend yield is 3.09%, which means that for every $100 invested in the company's stock, investors would receive $3.09 in dividends per year. The Coca-Cola Company's payout ratio is 73.72% which means that 73.72% of the company's earnings are paid out as dividends.

Our stock is listed and traded on the New York Stock Exchange under the ticker symbol KO.

According to the latest TipRanks data, approximately 39.53% of the company's stock is held by institutional investors, 5.84% is held by insiders, and 37.94% is held by retail investors. Warren Buffett owns the most shares of Coca-Cola (KO).

Buffett made more than $1 billion in dividends from them in 2022, and since he hasn't sold any and they both raised their dividends last year, he made even more in 2023. He expects that to continue in 2024, and he has no intention of selling a share of either stock.

A trio of forever stocks

Buffett often groups Coca-Cola and American Express together. He praises their dominance and how they've carved out exceptional niches in their industries, with strong moats and leadership. Recently, he's added Apple to create a trio of favorite stocks, or as he would say, businesses.

co*ke easily wins the growth matchup. The beverage titan reported a 12% organic sales boost for 2023 while Pepsi's growth was less than 10%.

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.

Is Coca-Cola a high dividend stock? ›

Coca-Cola's 3.08% dividend yield and 73.73% payout ratio make it an attractive option.

The company raised its dividend 5.4% in February to $0.485 per share quarterly, or $1.94 annually. At the current stock price, the dividend yields 3.1%, or about 2.5 times the average S&P 500 yield. Coca-Cola isn't just a top dividend stock because of its high yield; the dividend is reliable and growing.

You would have more than doubled your money, with a total investment worth of $2,029.55. That's a 103% return, or a 7.23% annual rate of return. Interestingly, despite co*ke's dominance on the world stage, investing in co*ke's main rival, Pepsi, 10 years ago would have given you more pop for your buck.

KO Signals & Forecast

The Coca-Cola stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.

The Coca-Cola Corporation, which has been around for over 130 years, and PepsiCo, with roots dating back to 1898, have been long-term competitors for ages. With its market value, the multinational food and beverage company PepsiCo directly follows Coca-Cola in the ranking of the largest companies in the world.