Keurig Dr Pepper Inc. (KDP)

NASDAQ: KDP · IEX Real-Time Price · USD
33.99
+0.29 (0.86%)
At close: May 9, 2024, 4:00 PM
34.02
+0.03 (0.09%)
After-hours: May 9, 2024, 7:36 PM EDT
0.86%
Market Cap 46.08B
Revenue (ttm) 14.93B
Net Income (ttm) 2.17B
Shares Out 1.36B
EPS (ttm) 1.56
PE Ratio 21.79
Forward PE 17.35
Dividend $0.86 (2.53%)
Ex-Dividend Date Mar 27, 2024
Volume 5,700,838
Open 33.78
Previous Close 33.70
Day's Range 33.69 - 34.02
52-Week Range 27.66 - 34.66
Beta 0.62
Analysts Buy
Price Target 36.50 (+7.39%)
Earnings Date Apr 25, 2024

About KDP

Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages. Its U.S. Coffee segment offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products through Keurig.com website. The Internationa... [Read more]

IPO Date Sep 21, 1993
Employees 28,100
Stock Exchange NASDAQ
Ticker Symbol KDP
Full Company Profile

Financial Performance

In 2023, KDP's revenue was $14.81 billion, an increase of 5.39% compared to the previous year's $14.06 billion. Earnings were $2.18 billion, an increase of 51.88%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for KDP stock is "Buy." The 12-month stock price forecast is $36.5, which is an increase of 7.39% from the latest price.

Price Target
$36.5
(7.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Keurig Dr Pepper reports upbeat Q1 on steady demand, price hikes

Beverage maker Keurig Dr Pepper beat Wall Street expectations for first-quarter sales and profit on Thursday, helped by steady demand for its high-priced sodas and tonic water.

14 days ago - Reuters

Keurig Dr Pepper Reports Q1 2024 Results and Reaffirms Fiscal 2024 Guidance

Tim Cofer Appointed CEO & Board Member Effective April 26; Bob Gamgort to Serve as Executive Chairman Following Strong Q1, Company Continues to Expect On-Algorithm 2024 Net Sales and Adjusted EPS Grow...

14 days ago - PRNewsWire

Will Keurig Dr Pepper (KDP) Stock Recover To Its Pre-Inflation Shock High Of $40?

Keurig Dr Pepper stock (NASDAQ NDAQ : KDP) currently trades at $31 per share, 23% below the peak level of $40 seen in August 2022, and it seems to have ample room for growth, in our view. KDP stock wa...

4 weeks ago - Forbes

Keurig Dr Pepper to Report First Quarter 2024 Results and Host Conference Call

BURLINGTON, Mass. and FRISCO, Texas , March 28, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the first quarter ended March 31, 2024 before the market...

6 weeks ago - PRNewsWire

Keurig Dr Pepper to Outline Strategy and Value-creation Opportunities at Investor Event

Enterprise Strategy Supports Continued Consistent Delivery of Long-Term Financial Algorithm Company Also Reaffirms Full Year 2024 Net Sales and Adjusted EPS Outlook BURLINGTON, Mass. and FRISCO, Texas...

7 weeks ago - PRNewsWire

Keurig Plans Launch of Compostable Coffee Pods

Keurig Dr Pepper will debut plastic- and aluminum-free coffee pods alongside its new coffee-brewer later this year.

2 months ago - WSJ

Keurig® Reimagines Single Serve Coffee with the Unveil of its Next-Generation Coffee and Brewer Innovation

Plastic- and aluminum-free coffee pods and visionary new brewer will lead the future of home coffee brewing BURLINGTON, Mass. and FRISCO, Texas , March 13, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDA...

2 months ago - PRNewsWire

Introducing the Next Chapter of the Keurig® K-Cup® Pod System Product Portfolio

Exciting pipeline of brewer and K-Cup pod innovations include new QuickChill technology that delivers the coldest coffee from a Keurig to-date and the most compact Keurig brewer ever offered BURLINGTO...

2 months ago - PRNewsWire

Keurig Dr Pepper to Webcast 2024 Strategy Review and Investor Update on March 19

BURLINGTON, Mass. and FRISCO, Texas , March 12, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that it will webcast its 2024 Strategy Review and Investor Update presentation ...

2 months ago - PRNewsWire

Keurig Dr Pepper Announces Pricing of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP

BURLINGTON, Mass. and FRISCO, Texas , Feb. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) (the "Company" or "KDP") today announced the pricing of its previously-announced public offering...

2 months ago - PRNewsWire

Keurig Dr Pepper Announces Sale of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP

JAB to Remain Long-Term Anchor Shareholder BURLINGTON, Mass. and FRISCO, Texas , Feb. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that a subsidiary of JAB Holding Comp...

2 months ago - PRNewsWire

What's Next For Keurig Dr Pepper Stock After A 15% Fall In A Year?

Keurig Dr Pepper KDP (NASDAQ: KDP) reported its Q4 results last week, broadly aligning with the street estimates. The company reported revenue of $3.9 billion and adjusted profit of $0.55 per share co...

2 months ago - Forbes

Keurig Dr Pepper Enters Oversold Territory

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...

2 months ago - Forbes

Keurig Dr Pepper Reports Q4 2023 Results and Provides Outlook for 2024

Q4 Performance Led by Continued Momentum in U.S. Refreshment Beverages & International After a Strong 2023, Company Expects to Deliver On-Algorithm Net Sales and Adjusted EPS Growth in 2024 BURLINGTON...

2 months ago - PRNewsWire

Daily Dividend Report: Mastercard, MMM, Gilead, Keurig, Zoetis

Mastercard today announced that its Board of Directors has declared a quarterly cash dividend of 66 cents per share. The cash dividend will be paid on May 9, 2024 to holders of record of its Class A c...

Other symbols: GILDMAZTSMMM
3 months ago - Forbes

Keurig Dr Pepper Declares Quarterly Dividend

BURLINGTON, Mass. and FRISCO, Texas , Feb. 6, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.215 p...

3 months ago - PRNewsWire

KEURIG DR PEPPER AND LAVAZZA GROUP EXPAND PARTNERSHIP TO CREATE WIDER SALES AND DISTRIBUTION OPPORTUNITIES ACROSS NORTH AMERICA

BURLINGTON, Mass. and FRISCO, Texas , Feb. 1, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced the expansion of its current partnership with iconic Italian coffee company, Lavazza G...

3 months ago - PRNewsWire

Keurig Dr Pepper to Report Fourth Quarter 2023 Results and Host Conference Call

BURLINGTON, Mass. and FRISCO, Texas , Jan. 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the fourth quarter and full year ended December 31, 2023 ...

3 months ago - PRNewsWire

Snacks Are Pricey, but We Just Keep Eating

Carrefour and PepsiCo bicker over price increases but many food companies raised prices as inflation rose with limited damage to sales volume.

Other symbols: CAGCPBHSYKOMDLZPEP
4 months ago - Barrons

Chobani Acquires La Colombe For $900 Million; Keurig Dr Pepper Becomes Minority Stakeholder

Greek yogurt pioneer Chobani has acquired La Colombe for $900 million just a few months after Keurig Dr Pepper's (KDP) announced its $300 million sales and distribution deal with the ready-to-drink co...

5 months ago - Forbes

How Nespresso has made gains in the Keurig-dominated U.S. coffee pod market

Keurig Dr Pepper's Keurig is the biggest player in the U.S. coffee pod market, but Nestlé's Nespresso has been steadily gaining market share.

5 months ago - CNBC

These 10 Stocks Are Laggards. They May Be Too Cheap To Ignore.

Stocks that are under-earning and trading below historical averages may benefit if inflation continues to cool, according to Wolfe Research.

Other symbols: AALBCARRCELHCPBEWHD
6 months ago - Barrons

What's Next For Keurig Dr Pepper Stock After A 5% Rise In A Month Amid Q3 Beat?

The company reported revenue of $3.8 billion and adjusted profit of $0.48 per share compared to the consensus estimates of $3.8 billion in sales and $0.

6 months ago - Forbes

Who's afraid of Ozempic? From restaurants to package makers, companies work to calm investors' GLP-1 jitters.

That's the message from many corporate executives who have lately been peppered with questions about how Wegovy, Ozempic and other drugs widely used for weight loss may impact their bottom line.

Other symbols: ABTAZNBUDCCKCMGDASHDRI
6 months ago - Market Watch

Keurig Dr Pepper to Participate in Morgan Stanley Global Consumer & Retail Conference

BURLINGTON, Mass. and FRISCO, Texas , Nov. 9, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that Robert Gamgort, Chairman and Chief Executive Officer, and Sudhanshu Priyadar...

6 months ago - PRNewsWire