Keurig Dr Pepper (KDP) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keurig Dr Pepper in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KDP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KDP, but not buy additional shares or sell existing shares.
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9 brokerages have issued 12 month price objectives for Keurig Dr Pepper's shares. Their KDP share price forecasts range from $30.00 to $41.00. On average, they expect the company's share price to reach $37.56 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for KDP or view top-rated stocks among Wall Street analysts.

Keurig Dr Pepper's stock was trading at $35.66 on January 1st, 2023. Since then, KDP shares have decreased by 10.7% and is now trading at $31.83.
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Keurig Dr Pepper saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 10,820,000 shares, a decline of 8.1% from the April 15th total of 11,780,000 shares. Based on an average trading volume of 8,600,000 shares, the short-interest ratio is currently 1.3 days. Approximately 1.1% of the shares of the company are sold short.
View Keurig Dr Pepper's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our KDP earnings forecast.

Keurig Dr Pepper Inc. (NASDAQ:KDP) released its earnings results on Thursday, April, 27th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. The business had revenue of $3.35 billion for the quarter, compared to analysts' expectations of $3.30 billion. Keurig Dr Pepper had a net margin of 9.20% and a trailing twelve-month return on equity of 9.52%. The firm's revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 EPS.

Keurig Dr Pepper announced a quarterly dividend on Tuesday, May 16th. Investors of record on Friday, June 30th will be paid a dividend of $0.20 per share on Friday, July 14th. This represents a $0.80 annualized dividend and a yield of 2.51%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for KDP.

ETFs with the largest weight of Keurig Dr Pepper (NASDAQ:KDP) stock in their portfolio include Invesco DWA Consumer Staples Momentum ETF (PSL), First Trust Nasdaq Food & Beverage ETF (FTXG), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Hennessy Stance ESG Large Cap ETF (STNC), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), Leatherback Long/Short Alternative Yield ETF (LBAY), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS) and iShares U.S. Consumer Staples ETF (IYK).

Keurig Dr Pepper (NASDAQ:KDP) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.51%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 86.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KDP will have a dividend payout ratio of 41.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KDP.

Keurig Dr Pepper announced that its Board of Directors has authorized a stock repurchase plan on Friday, October 1st 2021, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Keurig Dr Pepper issued an update on its FY23 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $1.78-1.80 for the period, compared to the consensus estimate of $1.79.

99 employees have rated Keurig Dr Pepper Chief Executive Officer Bob Gamgort on Glassdoor.com. Bob Gamgort has an approval rating of 79% among the company's employees.

Keurig Dr Pepper trades on the NASDAQ under the ticker symbol "KDP."

Keurig Dr Pepper's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.91%), FMR LLC (3.58%), Wellington Management Group LLP (2.84%), State Street Corp (2.51%), Price T Rowe Associates Inc. MD (1.57%) and Boston Partners (1.56%). Insiders that own company stock include Anthony Shoemaker, Herbert Derek Hopkins, Holdings BV Jab, Justin Whitmore, Maria A Sceppaguercio-Gever, Matthew Andrew Archambault, Maurice Anthony Milikin, Mondelez International, Inc, Olivier Goudet, Priyadarshi Sudhanshu, Robert James Gamgort, Robert S Singer, Roger Frederick Johnson and Sudhanshu Shekhar Priyadarshi.
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Shares of KDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KDP stock can currently be purchased for approximately $31.83.

Keurig Dr Pepper (NASDAQ:KDP) has a market capitalization of $44.68 billion and generates $14.06 billion in revenue each year. The company earns $1.44 billion in net income (profit) each year or $0.93 on an earnings per share basis.

The company employs 28,000 workers across the globe.

Keurig Dr Pepper's mailing address is 53 SOUTH AVENUE, BURLINGTON MA, 01803. The official website for the company is www.keurigdrpepper.com. The company can be reached via phone at (877) 208-9991, via email at ir@keurig.com, or via fax at 972-673-7980.