The Boston Beer Company, Inc. (SAM)

NYSE: SAM · IEX Real-Time Price · USD
345.59
-3.71 (-1.06%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.06%
Market Cap 4.21B
Revenue (ttm) 2.06B
Net Income (ttm) 82.96M
Shares Out 12.19M
EPS (ttm) 6.77
PE Ratio 51.05
Forward PE 31.70
Dividend n/a
Ex-Dividend Date n/a
Volume 62,447
Open 346.97
Previous Close 349.30
Day's Range 345.12 - 348.10
52-Week Range 296.27 - 420.50
Beta 1.10
Analysts Hold
Price Target 336.71 (-2.57%)
Earnings Date Feb 14, 2024

About SAM

The Boston Beer Company, Inc. engages in the production and sale of 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 Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, and Havana Lager brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, im... [Read more]

IPO Date Nov 20, 1995
Employees 2,679
Stock Exchange NYSE
Ticker Symbol SAM
Full Company Profile

Financial Performance

In 2022, SAM's revenue was $2.09 billion, an increase of 1.59% compared to the previous year's $2.06 billion. Earnings were $67.26 million, an increase of 362.19%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $336.71, which is a decrease of -2.57% from the latest price.

Price Target
$336.71
(-2.57% downside)
Analyst Consensus: Hold
Stock Forecasts

News

How 15 of Our Stock Picks Fared in 2023

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2 days ago - Barrons

Alcohol sales underperform when cannabis is available, says Cowen's Vivien Azer

Vivien Azer, Cowen & Co. senior research analyst, joins 'Power Lunch' to discuss the headwinds for the craft beer sector.

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11 days ago - CNBC Television

KEEP IT LIGHT THIS HOLIDAY SEASON: TRULY HARD SELTZER WANTS TO PAY THE UTILITY BILL FOR YOUR HOLIDAY LIGHTS DISPLAY

Holiday home lighting enthusiasts can enter to win $350 to keep their holiday lights on into the New Year;  One grand prize winner will win an epic energy-efficient December Holiday lighting upgrade i...

4 weeks ago - PRNewsWire

UTOPIAS 2023 CONTINUES THE SAMUEL ADAMS 20+ YEAR TRADITION AS ONE OF THE WORLD'S STRONGEST BEERS

With a price tag of $240 per bottle, and an alcohol level of 28% ABV, Utopias is banned in 15 states. BOSTON , Oct. 31, 2023 /PRNewswire/ -- Since its introduction in 2001, Samuel Adams Utopias® has e...

2 months ago - PRNewsWire

Boston Beer's stock falls 6% after profit miss as company lowers guidance

Boston Beer Co.'s stock SAM, -2.01% tumbled 6% after hours Thursday, after the brewer of Sam Adams beer . The company posted net income of $45.3 million, or $3.70 a share, for the quarter, up from $27...

2 months ago - Market Watch

BOSTON BEER REPORTS THIRD QUARTER FINANCIAL RESULTS

BOSTON , Oct. 26, 2023 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its third quarter that ended September 30, 2023. Key results were: Third Quarter ...

2 months ago - PRNewsWire

You'll Want in on These Consumer Staples After Reading This

When optimism takes over the masses, you can bet your bottom dollar that herd behavior will cause investors and markets to follow into hype-related stocks, typically high beta ones. Some examples of t...

Other symbols: BLKDNUT
2 months ago - MarketBeat

Samuel Adams Just Unlocked Beer Lovers' Phobia: Cenosillicaphobia

Brewery Introduces 'Beer Fest, Fear Fest' to Solve the Fear of An Empty Beer Glass This Spooky Season BOSTON, Sept. 26, 2023 /PRNewswire/ --Fall is undoubtedly Beer Season.

3 months ago - PRNewsWire

SUMMER AND SELTZER SEASON LIVE ON! TRULY HARD SELTZER CELEBRATES RETURN OF FAN-FAVORITE FLAVOR, TRULY ROSÉ, IN NEWEST LIMITED RELEASE

Truly Fans Celebrate National Hard Seltzer Day with the Return of Truly Rosé Plus Three New Flavors in Newest Seasonal Mix Pack BOSTON , Sept. 20, 2023 /PRNewswire/ -- Is summer just a state of mind?

3 months ago - PRNewsWire

PLTW Announces Samuel Adams as EVP and Chief Financial Officer

INDIANAPOLIS--(BUSINESS WIRE)--Project Lead The Way (PLTW), a national nonprofit based in Indianapolis that equips PreK-12 students for a STEM-driven world with teacher-empowered curriculum in compute...

3 months ago - Business Wire

Samuel Adams Celebrates 15 Years of Brewing the American Dream and $100 Million in Small Business Funding

Philanthropic Program Reaches New Heights of Impact for Small Food & Beverage Businesses Nationwide BOSTON , Aug. 17, 2023 /PRNewswire/ -- As Brewing the American Dream celebrates 15 years supporting ...

4 months ago - PRNewsWire

For Dieters, Obesity Drugs Are a Magic Pill. These Stocks Could Lose.

If weight-loss drugs become multibillion-dollar blockbusters, snack makers and beer companies could take a hit, analysts say.

Other symbols: LLYNVOPFESTZTAP
5 months ago - Barrons

Boston Beer Company Releases 2022 ESG Report

BOSTON , Aug. 1, 2023 /PRNewswire/ -- The Boston Beer Company, (NYSE: SAM), maker of iconic, high-quality brands such as Samuel Adams, Truly Hard Seltzer, Twisted Tea, Dogfish Head and Angry Orchard, ...

5 months ago - PRNewsWire

Intel is chipper, Boston Beer fizzes, and other movers

Intel Corp. stock INTC, +0.55% surged 7% after the Dow Jones Industrial Average DJIA, -0.67% component reported results that showed PC and data-center sales beat expectations.

Other symbols: INTC
5 months ago - Market Watch

Trending stocks July 27, 2023: Boston Beer Company earnings beat, Anheuser-Busch layoffs

Yahoo Finance anchors Josh Schafer, Seana Smith, and Allie Canal discuss Boston Bear Company earnings, and Anheuser-Busch layoffs.

Other symbols: BUD
5 months ago - Yahoo Finance

Boston Beer stock rallies, as Twisted Tea makes up for flat seltzer demand in Q2

Shares Boston Beer Co. rallied after hours on Thursday after the alcoholic-beverage maker reported second-quarter results that beat estimates, as the Fourth of July holiday and demand for Twisted Tea ...

5 months ago - Market Watch

BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS

BOSTON , July 27, 2023 /PRNewswire/ --- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its second quarter that ended July 1, 2023. Key results were: Second Quarter 202...

5 months ago - PRNewsWire

TeaPot Introduces first "Good Evening Iced Tea" with New Blueberry Chamomile

Boston Beer Company's cannabis brand continues its expansion with its third style BOSTON , July 25, 2023 /PRNewswire/ -- TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, Inc. ...

5 months ago - PRNewsWire

Boston Beer names Diego Reynoso its next CFO

Boston Beer Co. SAM, +1.07% late Monday said it has appointed Diego Reynoso as its chief financial officer and treasurer, effective Sept. 5. Reynoso has more than 25 years of experience in finance and...

5 months ago - Market Watch

BOSTON BEER NAMES DIEGO REYNOSO CHIEF FINANCIAL OFFICER AND TREASURER, EFFECTIVE SEPTEMBER 5, 2023

BOSTON , July 24, 2023 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today announced the appointment of Diego Reynoso as its Chief Financial Officer and Treasurer, effective September 5, ...

5 months ago - PRNewsWire

Lightly Fantastic: Truly Hard Seltzer Defies Gravity and Expectations With 'Zero Gravity Bar'

In Partnership with Zero-G, Truly is Elevating Fans' Summers With First-ever Weightless Drinking Pop-up Experience BOSTON , July 10, 2023 /PRNewswire/ -- Boston Beer Company's Truly Hard Seltzer, a le...

6 months ago - PRNewsWire

3 Reasons Boston Beer Stock Could Finally Hop Higher

For The Boston Beer Company, Inc. NYSE: SAM shareholders, the last two years have been far from a Boston Tea Party. Maybe it relates to the Bruins, Celtics, Patriots and Red Sox teams' collective fail...

6 months ago - MarketBeat

Boston Beer's Twisted Tea Could Be a Summer Hit. Belly Back Up to the Stock.

The hard-seltzer boom has fizzled, but don't count out Boston Beer just yet. The beaten-up stock looks ready to heat up this summer.

6 months ago - Barrons

Uncle Arnie's cannabis beverage startup lands backing from Boston Beer Co. founding partners and other big names

Two founding partners of Boston Beer Co. and the former CEO of Ally Financial Inc. are among the investors in a new round of capital to fuel the expansion of U.S.-based cannabis beverage maker Uncle A...

7 months ago - Market Watch

Samuel Adams Introduces the 'I CAN't' Can to Help Drinkers Scratch the Itch to Ditch

The Ultimate Accessory to Get Back to the True Meaning of Summer: Beer BOSTON, June 7, 2023 /PRNewswire/ -- Samuel Adams believes summer should be about letting loose with a cold beer. But, all too of...

7 months ago - PRNewsWire