The Boston Beer Company, Inc. (SAM)

NYSE: SAM · IEX Real-Time Price · USD
284.53
+2.89 (1.03%)
May 9, 2024, 4:00 PM EDT - Market closed
1.03%
Market Cap 3.42B
Revenue (ttm) 2.02B
Net Income (ttm) 97.80M
Shares Out 12.02M
EPS (ttm) 8.00
PE Ratio 35.57
Forward PE 26.91
Dividend n/a
Ex-Dividend Date n/a
Volume 174,630
Open 283.06
Previous Close 281.64
Day's Range 282.34 - 287.44
52-Week Range 264.63 - 395.52
Beta 1.02
Analysts Hold
Price Target 335.00 (+17.74%)
Earnings Date Apr 25, 2024

About SAM

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, ... [Read more]

IPO Date Nov 20, 1995
Employees 2,793
Stock Exchange NYSE
Ticker Symbol SAM
Full Company Profile

Financial Performance

In 2023, SAM's revenue was $2.01 billion, a decrease of -3.91% compared to the previous year's $2.09 billion. Earnings were $76.25 million, an increase of 13.36%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $335.0, which is an increase of 17.74% from the latest price.

Price Target
$335.0
(17.74% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Dogfish Head Cocktails Expands Award-Winning Lineup of Spirits-Based, Ready-to-Drink Cocktails with New Strawberry Lime Tequila Margarita

Dogfish Head Cocktails continues to celebrate its all-new nautical, tattoo-inspired packaging with a tattoo giveaway for fans willing to “get inked” alongside the brand. Dogfish Head Cocktails continu...

8 days ago - GlobeNewsWire

Dogfish Head Craft Brewery Unveils New Beer Packaging Artwork & Announces the Return of its Fan-Favorite 120 Minute IPA

MILTON, Del., April 26, 2024 (GLOBE NEWSWIRE) -- The 120th day of the year (Monday, April 29) is upon us, and at Dogfish Head Craft Brewery, that's considered a holiday! To celebrate “120 Day”, Dogfis...

13 days ago - GlobeNewsWire

SAMUEL ADAMS TAPPED AS THE OFFICIAL BEER AND NON-ALCOHOLIC BEER OF THE PAN-MASS CHALLENGE

Boston, April 26, 2024 (GLOBE NEWSWIRE) -- As cyclists, volunteers and spectators gear up to conquer the roads in August, Samuel Adams is excited to announce its three-year partnership with the Pan-Ma...

13 days ago - GlobeNewsWire

Boston Beer's stock surges after a surprise profit, as increases in Twisted Tea shipments offset declines in Truly

Shares of Boston Beer Co. SAM, -2.06% jumped 9.8% in premarket trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose above forecasts, fueled by volume ...

14 days ago - Market Watch

Boston Beer Reports First Quarter Financial Results

BOSTON, April 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 30, 2024. Key results were:

14 days ago - GlobeNewsWire

The Boston Beer Company Debuts First-of-its-Kind Non-Alc Beverage, General Admission, Available Now via Direct-to-Consumer Shipping

BOSTON, April 19, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, makers of Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard and Dogfish Head, debuts a new first-of-its-kind non-alcoholi...

20 days ago - GlobeNewsWire

Dogfish Head Expands Distribution of Spirits-Based RTD Cocktails to Western Canada

Drinkers in Alberta, British Columbia, Manitoba and Saskatchewan to see Dogfish Head's Bar Cart Vodka Mix Pack hitting shelves this month Drinkers in Alberta, British Columbia, Manitoba and Saskatchew...

23 days ago - GlobeNewsWire

TeaPot Releases New 'Good Evening Iced Tea' in Blackberry Rooibos

Boston Beer Company's cannabis beverage brand continues expansion across Canada BOSTON , April 15, 2024 /PRNewswire/ -- TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, announ...

24 days ago - PRNewsWire

Jim Beam Kentucky Coolers Welcomes Fresh Wave of Flavor with Four New Varieties

New 12-Pack of Ready-To-Drink Refreshers Hits Shelves Just in Time for Spring New 12-Pack of Ready-To-Drink Refreshers Hits Shelves Just in Time for Spring

4 weeks ago - GlobeNewsWire

TWISTED TEA HARD ICED TEA UNVEILS GAME-CHANGING TWIST FOR GOLFERS: CHEATER PANTS

America's favorite hard iced tea is introducing a first-of-its-kind innovation to offer the ultimate golfing advantage with an extra ball right in your pants. America's favorite hard iced tea is intro...

5 weeks ago - GlobeNewsWire

Samuel Adams Brewing the American Dream® Announces Funkytown Collaboration Brew as Applications Open for the 13th Brewing & Business Experienceship

Rising Craft Brewers Offered One-of-a-Kind Opportunity Through Samuel Adams' Philanthropic Program Rising Craft Brewers Offered One-of-a-Kind Opportunity Through Samuel Adams' Philanthropic Program

6 weeks ago - GlobeNewsWire

Dogfish Head Craft Brewery to Launch Sippin' & Flippin' Giveaway, Winner to Receive All-Expenses Paid Trip to a Concert of Their Choice

Sippin' & Flippin' to kick-off Dogfish Head's month-long music celebration, which includes a partnership with Record Store Day, a host of sponsored concerts and events, and more. Sippin' & Flippin' to...

7 weeks ago - GlobeNewsWire

TRULY® HARD SELTZER BRINGS GOOD VIBES TO NEW HEIGHTS WITH THE NATIONAL LAUNCH OF TRULY® TEQUILA SODA

Tequila soda is the latest innovation from Truly, available nationwide just in time for spring and summer sipping Tequila soda is the latest innovation from Truly, available nationwide just in time fo...

7 weeks ago - GlobeNewsWire

Top 5 Defensive Stocks That Are Set To Fly This Month - Dollar Tree (NASDAQ:DLTR), HF Foods Group (NASDAQ:HFFG)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: DLTRHFFGIPARUNFI
7 weeks ago - Benzinga

Top 3 Defensive Stocks That May Explode This Month - Seaboard (AMEX:SEB), Boston Beer Co (NYSE:SAM)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: SEBUVV
2 months ago - Benzinga

The Boston Beer Company Announces CEO Succession Plan

Dave Burwick to Retire; Michael Spillane Appointed President and Chief Executive Officer Effective April 1 Dave Burwick to Retire; Michael Spillane Appointed President and Chief Executive Officer Effe...

2 months ago - GlobeNewsWire

Boston Beer Reports Fourth Quarter Financial Results

BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its fourth quarter and full fiscal year 2023 that ended December 30, 2023. The...

2 months ago - GlobeNewsWire

Dogfish Head Cocktails Launches New High-ABV Recipes, Pineapple Orange Rum Mai Tai & Passion Fruit Citrus Vodka Mule

MILTON, Del., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dogfish Head Cocktails introduces two new higher-ABV recipes, Pineapple Orange Rum Mai Tai and Passion Fruit Citrus Vodka Mule . Clocking in at 12.0% AB...

2 months ago - GlobeNewsWire

Alcohol trends and stocks for investors to watch

Spirits are gaining their share in the US alcohol market as consumer demographics — both men and women — are diversifying their palettes and becoming more open to what they drink. Nadine Sarwat, Berns...

Other symbols: ABEVBUDSTZTAP
3 months ago - Yahoo Finance

HOT WINGS MEET HARD SELTZER! TRULY HARD SELTZER SPICES UP GAME DAY WITH FIRST-EVER HOT WING-INSPIRED SELTZER

This Limited-Edition Style Fuses Two Game Day Favorites Like Never Before, Helping Football Fans Keep It Light At Watch Parties This Limited-Edition Style Fuses Two Game Day Favorites Like Never Befor...

3 months ago - GlobeNewsWire

The Boston Beer Company's Slingers Signature Cocktails™ Enters Phase Two of Test Launch, Expanding Distribution from 3 to 19 Wholesalers

Boston, MA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, makers of Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard and Dogfish Head, excitedly announces the expanded distrib...

3 months ago - GlobeNewsWire

Samuel Adams and DraftKings Team Up For First-Of-Its-Kind Fan Prediction Pool For Groundhog Day

Move over Punxsutawney Phil! Compete for a Share of $10,000 Worth of Cash Prizes by Predicting Weather Forecast via ‘Groundhog Day Prediction Pool Presented by Samuel Adams Cold Snap' Move over Punxsu...

3 months ago - GlobeNewsWire

Samuel Adams Debuts ‘Due Date, Brew Date' to Rally Expecting Couples to Embrace a Booze-Free Bond In Solidarity of Their Pregnant Partner

This Dry January, Accept the Challenge to Trade In Your Go-To Brew for a 40-Week Supply of Samuel Adams Non-Alcoholic IPA, Just The Haze This Dry January, Accept the Challenge to Trade In Your Go-To B...

4 months ago - GlobeNewsWire

How 15 of Our Stock Picks Fared in 2023

Taking stock of our winners, losers and also-rans, including Ferrari, Frontier Communications, and Walt Disney.

4 months ago - Barrons