Track market-moving stories before they get noisy

Duke Energy Corporation is well positioned for AI-driven power demand, leveraging its nuclear capabilities and geographic advantages in fast-growing states. I maintain a Buy rating on DUK after its recent dip to $120, supported by strong Q1 results and long-term growth prospects. DUK's strategy to partner with tech companies on capital-intensive nuclear projects is prudent, given elevated industry-wide debt-servicing costs.

It has been about a month since the last earnings report for Duke Energy (DUK - Free Report) . Shares have lost about 3.6% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Duke Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Duke Energy Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Duke Energy Corporation's first-quarter 2026 earnings of $1.93 per share surpassed the Zacks Consensus Estimate of $1.79 by 7.6%. The bottom line increased 9.7% from $1.76 reported in the year-ago quarter.

DUK’s RevenuesTotal operating revenues were $9.18 billion, which beat the Zacks Consensus Estimate of $8.4 billion by 9%. The top line increased 11.3% from $8.25 billion in the year-ago period.

Highlights of DUK’s Earnings ReleaseOperating expenses amounted to $6.84 billion, up 15.6% year over year. The increase was primarily driven by higher expenses for fuel used in electric generation and purchased power, cost of natural gas, operation, maintenance and other and depreciation and amortization.

The operating income totaled $2.73 billion compared with $2.34 billion in the year-ago quarter.

Interest expenses rose to $968 million from $889 million in the first quarter of 2025.

The average number of customers in its Electric Utilities and Infrastructure increased 1.4% year over year.

Total electric sales volume for the reported quarter went up 0.3% year over year to 65,454 gigawatt-hours.

DUK’s Segmental HighlightsElectric Utilities & Infrastructure: This segment’s adjusted earnings totaled $1.4 billion, up from $1.28 billion in the first quarter of 2025. This was primarily driven by the recovery of infrastructure investments aimed at reliably serving customers across its expanding jurisdictions, along with favorable weather conditions. These positives were partially offset by higher O&M expenses, including storm-related costs, as well as increased depreciation tied to a growing asset base.

Gas Utilities & Infrastructure: Adjusted earnings from this segment amounted to $361 million compared with $349 million in the first quarter of 2025.

Other: The segment includes corporate interest expenses not allocated to other business units, resulting from Duke Energy’s captive insurance company and other investments. On an adjusted basis, this segment incurred a loss of $263 million compared with a loss of $260 million in the first quarter of 2025.

Financial Condition of DUKAs of March 31, 2026, Duke Energy had cash & cash equivalents of $2.14 billion compared with $0.245 billion as of Dec. 31, 2025.

As of March 31, 2026, the long-term debt was $80.48 billion compared with $80.11 billion as of Dec. 31, 2025.

During the first three months of 2026, the company generated net cash from operating activities of $1.51 billion compared with $2.18 billion in the same period last year.

2026 Guidance by DUKDuke Energy expects to generate 2026 adjusted EPS in the range of $6.55-$6.80. The Zacks Consensus Estimate for 2025 earnings is pegged at $6.70, which is higher than the midpoint of the company’s projected range.

The company expects its long-term adjusted EPS growth of 5-7% through 2030.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a flat trend in estimates revision.

VGM ScoresCurrently, Duke Energy has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Charting a somewhat similar path, the stock has a grade of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Duke Energy has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Funding goes to 34 nonprofits and government agencies across the Palmetto State Since 2022, Duke Energy's HERO Grant Program has funded 133 grants with $2.5 million, delivering critical support to nonprofits and local agencies , /PRNewswire/ -- As emergency managers, first responders and community leaders are preparing their communities for the 2026 hurricane season, the Duke Energy Foundation is awarding $500,000 through the 2026 Helping Emergency Response Organizations (HERO) Grant Program to help South Carolina communities be prepared for the impacts from severe weather.

By the numbers: More than 30 organizations are receiving grants of up to $20,000 each. The grants will fund training, life-saving equipment and innovative technology identified as needs following severe weather events – all aimed to aid in weather-related disaster planning and recovery efforts. A complete list of recipients can be found here.

Our view: "Duke Energy is proud to work alongside first responders when severe weather hits, and a critical part of emergency response is preparation," said Tim Pearson, Duke Energy's South Carolina president. "We strive to help fill the gaps in emergency preparedness our communities have, and hope that these grants can help emergency managers, first responders and community leaders better prepare to protect and help our communities."

Proven success:

In the fifth year of the program, past grant recipients were able to help fill the gaps in emergency preparedness for their communities. Read more about the impact.

In Dorchester County, HERO funding supported the launch of a Cut & Toss Team to clear debris and restore emergency access during severe weather. When Winter Storm Fern brought down limbs across key routes, the team rapidly cleared priority roadways – reducing delays and easing pressure on fire, rescue and public works crews. In Anderson County, Hurricane Helene in 2024 created dozens of hazardous road closures at once, quickly stretching emergency resources. Using a $15,000 HERO grant, the county purchased a fully stocked traffic‑control trailer with cones, barriers and portable speed bumps. The centralized trailer allows crews to quickly mobilize and secure multiple sites at the same time. The investment proved valuable during Winter Storm Fern in 2026, when crews quickly blocked unsafe routes and warned motorists as conditions worsened. In Oconee County, HERO funding supported the addition of a second shelter trailer, allowing officials to operate two warming shelters simultaneously – including one equipped for residents with special medical needs. Positive response:

Dr. Mandy Gattis, Grants and Special Projects Director, South Carolina EMS Association: "We are thankful to the Duke Energy Foundation for their commitment to strengthening emergency preparedness across South Carolina. This grant will ensure that EMS agencies, hospitals, and emergency management teams have the reliable communication tools they need to coordinate and respond effectively during disasters." Katherine Jones, York County Parks Director: "York County is committed to safety and this grant from Duke Energy will allow us to upgrade our weather-related safety measures in and around our parks, which will impact over 300,000 visitors annually at seven different locations. With these tools in place, we'll be able to monitor severe weather more closely and respond more quickly helping keep visitors informed and safe." Robbie Swofford, Emergency Management Coordinator, Spartanburg County: "Our Duke Energy Foundation HERO grant award will provide Spartanburg County Emergency Management the opportunity to partner with fire departments across the county to conduct Weather Radio and Fire Alarm Blitzes in their communities. Thanks to this funding, we will be able to fully address the unmet needs of nine fire departments and partially address the unmet needs of two additional departments. These blitzes will help place critical preparedness and life-safety resources directly into the hands of residents who need them most." Rob Lybrand, Director, Sumter County Emergency Management: "Sumter County is honored to be among this year's grant recipients. Duke Energy Foundation funding will enhance roadway safety and accessibility during winter weather events by supporting roadway clearing and salt-spreading operations, improving travel conditions and strengthening the county's emergency response capabilities." Duke Energy Foundation
Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy 
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

Media Contact: Catherine Ramirez
24-Hour: 800.559.3853

SOURCE Duke Energy

What's happening: Temperatures are forecast to reach the 90s, pushing cooling systems to run longer and use more energy to maintain indoor temperatures Why it matters: Acting now with a few simple steps can help reduce energy use during the heat wave , /PRNewswire/ -- High temperatures are forecast across the Carolinas this weekend and next week, and Duke Energy has tips to help you take control of your energy use while keeping you and your family cool.

Tips to save energy and money 

Set your thermostat to the highest comfortable setting. Even a couple of degrees can help save energy and money. Keep in mind: Your system will run longer – using more energy – the hotter it is outside even if your thermostat setting never changes.   Use cooler water for washing clothes. Switching your temperature setting from hot to warm can cut a laundry load's energy use in half.  Run heat-producing appliances during cooler morning hours for additional savings. Close curtains and blinds on the sunny side of your home to help prevent the sun from heating your home.   Operate ceiling fans in a counterclockwise direction in the summer, which pushes cooler air back down into the room.  Savings programs and incentives  

Get a free home energy assessment. Customers receive a free energy efficiency kit, customized usage report, low-cost tips and expert recommendations to help them see energy savings by signing up for our free Home Energy House Call.  Get paid for shifting energy use. Customers can receive a credit on their bill for automatically shifting their energy use to times when demand for energy is lower. Enroll your smart thermostat in our Power Manager® (Duke Energy Carolinas customers)/ EnergyWise® Home (Duke Energy Progress customers) program.   Find more ways to get ready for the heat

Duke Energy is here to help customers manage energy use during the summer heat with programs, solutions and practical tips.

Explore tools, programs and practical solutions at: duke-energy.com/SummerSolutions

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

24-Hour: 800.559.3853

SOURCE Duke Energy

U.S. electricity consumption is reaching record highs, forcing utility providers to rethink long-term capacity plans. Duke Energy (DUK), which operates the largest nuclear fleet of any regulated utility in the country, is actively exploring strategic hyperscaler partnerships to offset the massive financial risks of building new nuclear reactors. The move underscores a broader sector trend where utilities must aggressively add grid capacity while remaining risk-averse to protect both shareholders and ratepayers.

Key Takeaways Exponential growth in data centers is pushing U.S. electricity consumption to record highs, forcing utilities to significantly expand grid capacity. Duke Energy is pursuing cost-sharing partnerships with big tech hyperscalers to mitigate the capital risks of building new nuclear plants. Duke’s existing nuclear fleet achieved a record 97% capacity factor in 2025, generating $600 million in customer value via federal tax credits. Utilities Look to Hyperscaler Partnerships to De-Risk Nuclear Buildout Duke Energy CEO Harry Sideris confirmed in a recent Reuters NEXT Newsmaker interview that the company has discussed adding more nuclear energy to its fleet to meet unprecedented tech demand. This focus on scaling infrastructure while also mitigating financial risks is reflected in the company’s regulatory approach.

Duke recently submitted an early site permit application for potential new nuclear development in North Carolina, alongside its comprehensive 2025 Carolinas Resource Plan focused on modernizing grid infrastructure.

Notably, Duke reported an all-time high systemwide capacity factor of nearly 97% across its 11 Carolina units in 2025. Furthermore, this performance provided carbon-free electricity to over eight million homes and yielded roughly $600 million in value for customers via federal tax credits. By shifting a portion of new capital expenditure risk onto hyperscalers, regulated utilities aim to preserve stable shareholder returns during a historic demand cycle.

Duke is a constituent in the VettaFi Nuclear Renaissance Index (NUKZX), which tracks the full nuclear ecosystem, including advanced reactors, utilities, construction and services, as well as fuel providers. Investors can access the index via the Range Nuclear Renaissance ETF (NUKZ) 

To learn more about the merits of a diversified approach to nuclear and global tailwinds for nuclear power, watch the replay of our recent webcast, Investing as Nuclear Moves from Chalkboards to Construction Sites.

Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research. For more news, information, and analysis, visit the Nuclear Energy Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.

The coalition aims to train 25,000 workers over the next 10 years, creating pathways to stable, well-paying careers , /PRNewswire/ -- Duke Energy has joined the newly launched Careers Electric coalition, a new sector-driven approach to workforce development in America's skilled trades, with a targeted focus on North Carolina.

Why it matters: As electrification accelerates across energy, infrastructure and advanced manufacturing, electrical careers are projected to grow by roughly 10% over the next decade, with workforce gaps widening as experienced workers retire.

Our role: Duke Energy will help connect training to real-world job opportunities and ensure programs are aligned with industry needs, with a focus on commercial electricians, where demand is most acute. The company will:

Connect students to careers: Partner with companies like Zachry Group to create clearer pathways from training to job opportunities, particularly tied to major energy infrastructure and generation projects. Invest in training capacity: Support community colleges and workforce programs through Duke Energy Foundation funding, which has provided more than $6 million over the past five years to strengthen the energy workforce pipeline. Support local expansion: Champion new or expanded programs near Duke Energy construction sites to better align workforce supply with regional demand. Engage students early: Participate in graduation events and career fairs at training academies to raise awareness of electrical careers and connect students directly to employers. North Carolina focus: The coalition's early work in North Carolina could become a blueprint for other states and centers on two key pathways:

High schools: In 2026, the program aims to train 200-250 students and plans to scale annually. Community colleges: Ten North Carolina community colleges will expand existing advanced electrician programs by 20% over the next three years, with plans to grow to additional schools. What they're saying:

Kendal Bowman, Duke Energy's North Carolina president: "The energy transition and our state's growth depend on a strong skilled workforce. We're grateful to Siemens for their leadership in launching Careers Electric and bringing partners together for this first-of-its-kind effort. This initiative is about creating clear, accessible pathways into high-paying electrical careers – especially those that don't require a four-year degree – and helping build a pipeline of electricians ready to support North Carolina's future." David Etzwiler, CEO of the Siemens Foundation: "High-quality workforce training is essential not only to meet employers' growing demand for skilled talent, but also to expand access to well-paying trade careers for more Americans. Seeing industry leaders, including competitor companies, come together as part of this powerful coalition underscores just how important workforce training is to the strength of our economies and communities." Who's involved: Duke Energy joins founding industry partners ABB, Amazon Web Services, JetZero, Hitachi Energy and Siemens, alongside workforce development organizations and education leaders working to scale proven training models nationwide.

Local partners include:

NC Chamber, NC Department of Commerce, NC Electric Cooperatives NC Business Committee for Education, Wake Technical Community College, NC Community College System Office and Foundation, EVITP, and Families and Workers Fund Duke Energy 
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.7 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,700 megawatts of energy capacity. Its natural gas utilities serve 1.6 million customers in North Carolina, South Carolina, Ohio and Kentucky.

Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.

More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.

Contact: Madison McDonald
24-Hour: 800.559.3853

SOURCE Duke Energy

American International Group delivered a strong Q1, with EPS of $2.11, up 80% year-over-year and beating estimates by $0.23. Fears of margin compression are exaggerated; AIG's accident year combined ratio improved to 86.6%, and cost efficiencies are driving further profitability. AIG's balance sheet remains robust, supporting an 11% dividend increase, a 2.7% yield, and active share buybacks reducing share count by 9.5% year-over-year.

American International Group, Inc. (AIG - Free Report) reported first-quarter 2026 adjusted earnings per share of $2.11, which topped the Zacks Consensus Estimate of $1.90 per share. The bottom line surged 80.3% year over year.

Adjusted operating revenues advanced 5.4% year over year to $6.97 billion. The top line beat the consensus mark by 1.2%.

The strong quarterly results were driven by improved underwriting results in the North America Commercial and Global Personal segments, supported by lower catastrophe losses and reduced total losses and expenses. However, the upside was partly offset by lower investment income.

American International Group, Inc. Price, Consensus and EPS Surprise

American International Group, Inc. price-consensus-eps-surprise-chart | American International Group, Inc. Quote

AIG’s Q1 Operational UpdateNet premiums written totaled $5.6 billion, reflecting 24% year-over-year growth, driven by 21% growth in Global Commercial and 11% growth in Global Personal.

Total net investment income declined 36% year over year to $712 million, which missed the consensus mark by 29.7%. The decrease was primarily due to changes in the fair value of its investments in Corebridge and equity securities, partly offset by higher income from available-for-sale fixed maturity securities. AIG holds a 5.6% stake in Corebridge.

Total benefits, losses and expenses amounted to $5.7 billion, down 2.7% year over year, mainly due to lower losses and loss adjustment expenses incurred.

Adjusted return on equity improved 450 basis points year over year to 10.9%, reflecting enhanced profitability and capital efficiency.

Underwriting income for the General Insurance segment rose to $774 million, reflecting a more than threefold increase over the previous year. This result significantly outperformed the Zacks Consensus Estimate by 33.9%. The segment’s combined ratio improved 850 basis points to 87.3%, reflecting significantly stronger underwriting performance compared with the prior-year quarter.

Segmental Performances of AIGGeneral Insurance – North America CommercialThe segment’s net premiums written increased 37% year over year to $1.6 billion in the first quarter. The uptick was driven by a combination of organic growth in high-priority areas, key renewals from the Everest Group partnership, and optimized reinsurance program changes.

Underwriting income surged 153% year over year to $327 million. This increase was mainly driven by lower catastrophe-related losses and higher favorable prior-year development. The combined ratio improved 840 basis points to 85.5%, reflecting significantly stronger underwriting performance year over year.

General Insurance – International CommercialThe segment reported net premiums written of $2.5 billion, up 21% year over year. The growth was mainly due to the Convex Group quota share, Everest renewals, and changes in reinsurance programs.

Underwriting income increased 16% year over year to $278 million in the quarter and beat the Zacks Consensus Estimate by 2.2%. The combined ratio improved 90 basis points to 87.3%. This was mainly due to lower catastrophe losses, reduced operating expenses, and favorable prior-year reserve development. This was partly offset by prior-year premiums.

General Insurance – Global PersonalNet premiums written totaled $1.5 billion, which improved 17% year over year. The increase was mainly driven by reinsurance program changes and growth in the U.S. High Net Worth and Accident and Health businesses.

Underwriting income rose to $169 million compared to a loss of $126 million last year. The combined ratio improved 1,850 basis points to 89.4%. This was driven by favorable prior-year reserve development and reduced catastrophe losses.

Other OperationsNet investment income and other fell 51% year over year to $54 million. This was mainly due to lower parent liquidity and reduced dividends from Corebridge, reflecting a smaller ownership stake. Interest expense rose 10% to $100 million, caused by new debt issued in 2025, partly offset by interest savings from debt repurchases.

Adjusted pre-tax loss widened 89% year over year to $125 million.

Financial Position of AIG (As of March 31, 2026)AIG ended the first quarter with a cash balance of $1.5 billion compared with $1.3 billion at the end of 2025. Total assets were $161.5 billion, slightly higher than $161.3 billion at the end of 2025.

Long-term debt totaled $9 billion in the first quarter of 2026, which remained unchanged from year-end 2025. Total shareholders’ equity fell to $40.4 billion from $41.2 billion at year-end 2025.

Adjusted book value per share improved to $78.55 from $74.45 in the prior-year quarter.

AIG’s Capital Deployment UpdateAIG returned capital to its shareholders through approximately $519 million in share repurchases and $241 million in dividends during the first quarter of 2026.

The company announced a cash dividend of 50 cents per common share, representing an 11% increase over the previous quarterly payout.

American International’s Zacks RankAIG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Performance of Other InsurersCompanies belonging to the broader Finance space, such as Arch Capital Group Ltd. (ACGL - Free Report) , AXIS Capital Holdings Limited (AXS - Free Report) and Selective Insurance Group (SIGI - Free Report) , have also posted their quarterly results. Here’s how they have performed:

Arch Capital reported first-quarter 2026 operating income of $2.50 per share, which beat the Zacks Consensus Estimate by 2.4%. The bottom line increased 15.4% year over year.

ACGL’s operating revenues of $4.3 billion decreased 3.8% year over year due to lower net premiums earned. Revenues missed the Zacks Consensus Estimate by 6.1%. Net premiums earned declined 4.8% to $3.9 billion, due to lower premiums earned in its Reinsurance segment. The figure missed the Zacks Consensus Estimate by 6%.

AXIS Capital reported first-quarter 2026 operating income of $3.42 per share, which outpaced the Zacks Consensus Estimate of $3.23 and rose 7.9% year over year.

Total operating revenues of $1.7 billion marginally beat the Zacks Consensus Estimate by 0.4%. The top line rose nearly 7.7% year over year on higher premiums earned. AXS’s quarterly results benefited from higher net premiums earned and stronger underwriting income, partly offset by lower net investment income and higher expenses.

Selective Insurance reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.

SIGI’s operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. However, the top line missed the Zacks Consensus Estimate by 0.5%. Net premiums written decreased 1% to $1.3 billion. The figure matched our estimate.

At midday, the S&P 500 (^GSPC +0.50%) rose 0.64% to 7,254.82, the Nasdaq Composite (^IXIC +0.31%) gained 1.07% to 25,163.49, and the Dow Jones Industrial Average (^DJI +0.70%) added 0.04% to 49,668.01 as indexes extended April’s record‑setting momentum.

Market moversApple (AAPL 1.52%) jumped after topping Q2 estimates and issuing upbeat commentary, powering fresh highs for tech benchmarks. Moderna (MRNA +0.54%) slipped on mixed earnings, while AIG (AIG +0.56%) gained after beating analyst expectations. Gaming platform Roblox (RBLX 0.41%) tumbled 17% on a revenue miss. It slashed its full-year forecast as child-protection safeguards impact its user numbers.

What this means for investorsMarkets continued to rise this morning, largely driven by resilience in tech stocks. April was the best month for the S&P 500 and Nasdaq since 2020, as strong earnings and optimism about artificial intelligence (AI) outweighed concerns about elevated oil prices and the conflict in Iran.

However, several commentators are sounding the alarm. Last week, the Bank of England deputy governor said markets were overly complacent about current risk levels. Today, Moody's top economist, Mark Zandi, said valuations could be diverging from economic reality.

As oil prices continue to rise due to ongoing restrictions in the Strait of Hormuz, investors are trying to evaluate the degree to which the disruption is bleeding into the wider economy. In that context, yesterday’s news that U.S. GDP had grown by 2.0% signalled expansion despite inflationary and conflict pressures. Consumer spending slowed, but remained solid. Investors can expect further sector-specific volatility and uncertainty as market rallies continue to defy commentators’ caution.

Emma Newbery has positions in Apple. The Motley Fool has positions in and recommends Apple, Moderna, and Roblox. The Motley Fool has a disclosure policy.

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

American International Group (AIG - Free Report) is headquartered in New York, and is in the Finance sector. The stock has seen a price change of -7.93% since the start of the year. The insurer is paying out a dividend of $0.45 per share at the moment, with a dividend yield of 2.29% compared to the Insurance - Multi line industry's yield of 1.82% and the S&P 500's yield of 1.39%.

Looking at dividend growth, the company's current annualized dividend of $1.80 is up 2.9% from last year. Over the last 5 years, American International Group has increased its dividend 3 times on a year-over-year basis for an average annual increase of 6.78%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. American International Group's current payout ratio is 22%, meaning it paid out 22% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, AIG expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $7.75 per share, representing a year-over-year earnings growth rate of 9.31%.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, AIG is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Thomas (Tom) Stoddard has been elected to its Board of Directors as an independent Director, effective June 1, 2026. With more than 35 years of senior leadership experience in the financial services sector across insurance, asset management and investment banking, Mr. Stoddard is a former Vice Chairman of Global Investment Banking at Bank of America.

Peter Zaffino, Chairman & Chief Executive Officer, AIG, said, “Tom’s deep expertise in property and casualty insurance and capital markets, together with his longstanding knowledge of AIG will be a very strong asset to our Board as we continue executing AIG’s strategic priorities and building on AIG’s momentum for the long term.”

Prior to Bank of America, Mr. Stoddard served as Group Chief Financial Officer of Aviva plc, a British multinational insurance company. He subsequently held the role of Group Chief Financial Officer at Athora Ltd., a European life insurance company founded by Apollo Global Management. Previously, Mr. Stoddard worked on deals and financing transactions at firms including Blackstone, where he was Senior Managing Director and Head of the Global Financial Institutions Group, and advised AIG among other global financial institutions.

“Tom is a highly accomplished finance executive whose extensive background across financial services and the global insurance industry make him an excellent addition to the AIG Board of Directors,” said John Rice, Lead Independent Director, AIG. “We look forward to leveraging his deep expertise in corporate governance and across the financial sector as we support AIG’s focus on delivering sustainable, long-term value for shareholders."

Mr. Stoddard added: “Having worked very closely with AIG in the past, I am deeply honored to join the AIG Board of Directors and eager to contribute to the company’s continued success. The impressive work that led to AIG’s incredible transformation and the company’s positioning as a global market leader with a strong track record of outstanding performance is a compelling vision for the future that I look forward to supporting.”

Earlier in his career, Mr. Stoddard co-founded and served as managing partner at Barrett Ellman Stoddard Capital Partners, a private equity investment and advisory firm, and spent more than a decade in investment banking covering financial institutions at UBS, Credit Suisse and Donaldson, Lufkin & Jenrette. He began his career as a corporate lawyer with Cravath, Swaine & Moore.

Mr. Stoddard serves on the Board of Directors of Prudential Financial, Inc. He holds a bachelor’s degree in economics from Swarthmore College, where he was a McCabe Scholar, and a JD from the University of Chicago Law School.

About AIG

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners. For additional information, visit www.aig.com. This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

More News From American International Group, Inc.

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All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Headquartered in New York, American International Group (AIG - Free Report) is a Finance stock that has seen a price change of -9.37% so far this year. Currently paying a dividend of $0.45 per share, the company has a dividend yield of 2.32%. In comparison, the Insurance - Multi line industry's yield is 1.68%, while the S&P 500's yield is 1.45%.

Looking at dividend growth, the company's current annualized dividend of $1.80 is up 2.9% from last year. Over the last 5 years, American International Group has increased its dividend 3 times on a year-over-year basis for an average annual increase of 6.78%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. American International Group's current payout ratio is 22%, meaning it paid out 22% of its trailing 12-month EPS as dividend.

AIG is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $7.95 per share, which represents a year-over-year growth rate of 12.13%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, AIG is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Based in New York, American International Group (AIG - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of -14.16%. The insurer is currently shelling out a dividend of $0.45 per share, with a dividend yield of 2.45%. This compares to the Insurance - Multi line industry's yield of 1.46% and the S&P 500's yield of 1.44%.

Looking at dividend growth, the company's current annualized dividend of $1.80 is up 2.9% from last year. Over the last 5 years, American International Group has increased its dividend 3 times on a year-over-year basis for an average annual increase of 6.78%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. American International Group's current payout ratio is 22%, meaning it paid out 22% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for AIG for this fiscal year. The Zacks Consensus Estimate for 2026 is $7.99 per share, with earnings expected to increase 12.69% from the year ago period.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that AIG is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).

Key Takeaways AIG's Q1 2026 underwriting income more than tripled to $774M as the combined ratio improved.AIG exited non-core businesses and completed its Corebridge stake sale to sharpen focus.AIG returned about $760M to shareholders and raised its dividend 11% in April 2026. American International Group, Inc. (AIG - Free Report) is a leading global property and casualty insurer that provides insurance and risk-management solutions to businesses and individuals in more than 200 countries and jurisdictions.

The company is well positioned for growth, supported by strategic portfolio optimization, expense-reduction initiatives, technology investments and a strong capital position. Despite these strengths, AIG shares have lost 12.7% over the past six months, underperforming the industry's 5.9% decline.

From a valuation standpoint, AIG is trading below its own historical levels. The stock currently carries a forward 12-month P/E of 9.02X, which is below its five-year median of 10.16X. However, it remains above the industry average of 8.8X, indicating that investors still have confidence in the company's long-term growth prospects despite the recent share price decline.

Courtesy of solid prospects, AIG currently carries a Zacks Rank #2 (Buy).

Where Do Estimates for AIG Stand?The Zacks Consensus Estimate for American International’s 2026 earnings is pegged at $7.99 per share, indicating a 12.7% year-over-year rise. In the past 60 days, it has witnessed eight upward estimate revisions against none in the opposite direction.

The consensus mark for 2026 revenues is pegged at $29.16 billion, indicating a 6.2% year-over-year increase. It beat earnings estimates in each of the past four quarters, with an average surprise of 15.1%. AIG carries a Value Score of A.

American International Group, Inc. Price, Consensus and EPS SurpriseAIG’s Growth DriversDespite the recent decline in its share price, AIG has continued to deliver improvements across its core business. Below are the key factors supporting its ongoing turnaround.

The turnaround is being fueled by stronger underwriting results. In the first quarter of 2026, General Insurance underwriting income more than tripled year over year to $774 million, while the combined ratio improved 850 basis points to 87.3%. Net premiums written increased 24%, driven by growth across commercial and personal insurance businesses. Lower catastrophe losses and disciplined underwriting continue to support profitability.

Over the past few years, management has simplified the business and sharpened its focus on property and casualty insurance. The insurer exited several non-core operations, including Crop Risk Services. Validus Re and its travel insurance business. It also completed its exit from the life and retirement business through the sale of its remaining stake in Corebridge. These moves are reducing complexity, improving liquidity and freeing up capital for higher-return opportunities.

Ongoing cost-control efforts are helping improve operating efficiency. The General Insurance expense ratio improved 120 basis points year over year to 29.3% in the first quarter of 2026, keeping the insurer on track to achieve its target of reducing the ratio below 30% by 2027. The AIG Next program has generated annual run-rate savings of $500 million, supporting margin expansion.

Solid cash generation continues to support both growth initiatives and shareholder returns. During the first quarter of 2026, approximately $760 million was returned to shareholders through dividends and share repurchases. In April 2026, the quarterly dividend was raised by 11%, marking the fourth consecutive year of double-digit dividend growth and reinforcing management's commitment to disciplined capital allocation.

Risks for AIG StockWhile the company's fundamentals are improving, investors should keep an eye on a few risks.

AIG remains exposed to large catastrophe events that could pressure future earnings. Significant weather-related claims may increase earnings volatility and weigh on underwriting profitability. The company also ended the first quarter of 2026 with $9 billion in long-term debt, significantly higher than its cash balance of $1.5 billion. Adjusted ROE of 10.9% remained below the industry average of 16.2%, suggesting there is still room for improvement in capital efficiency.

Other Key PicksSome other top-ranked stocks in the broader Finance space are First American Financial Corporation (FAF - Free Report) , The Hanover Insurance Group, Inc. (THG - Free Report) and United Fire Group, Inc. (UFCS - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for First American’s 2026 earnings is pegged at $6.81 per share, indicating 12.6% year-over-year growth. FAF beat earnings estimates in each of the trailing four quarters, with the average surprise being 22%. The consensus estimate for 2026 revenues is pinned at $8.03 billion, implying 7.8% year-over-year growth.

The Zacks Consensus Estimate for The Hanover Insurance’s 2026 earnings is pegged at $18.36 per share, which has witnessed one upward revision in the past 30 days, with no movement in the opposite direction. THG beat earnings estimates in each of the trailing four quarters, with the average surprise being 28.5%. The consensus estimate for 2026 revenues is pinned at $6.95 billion, implying 4.7% year-over-year growth.

The Zacks Consensus Estimate for United Fire’s 2026 earnings is pegged at $4.69 per share, indicating 2% year-over-year growth. UFCS beat earnings estimates in each of the trailing four quarters, with the average surprise being 68.8%. The consensus estimate for 2026 revenues is pinned at $1.53 billion, implying 10.5% year-over-year growth.

Molson Coors Brewing (TAP - Free Report) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.5 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +70.89%. A quarter ago, it was expected that this beer maker would post earnings of $1.17 per share when it actually produced earnings of $1.21, delivering a surprise of +3.42%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Molson Coors, which belongs to the Zacks Beverages - Alcohol industry, posted revenues of $2.35 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.93%. This compares to year-ago revenues of $2.3 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Molson Coors shares have lost about 9.2% since the beginning of the year versus the S&P 500's gain of 4.2%.

What's Next for Molson Coors?While Molson Coors has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Molson Coors was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.81 on $3.19 billion in revenues for the coming quarter and $4.76 on $11.13 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages - Alcohol is currently in the bottom 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Consumer Staples sector, BJ's Wholesale Club (BJ - Free Report) , has yet to report results for the quarter ended April 2026.

This wholesale membership warehouse operator is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents a year-over-year change of -7.9%. The consensus EPS estimate for the quarter has been revised 1.2% lower over the last 30 days to the current level.

BJ's Wholesale Club's revenues are expected to be $5.39 billion, up 4.6% from the year-ago quarter.

Molson Coors Beverage Company (TAP) Q1 2026 Earnings Call Transcript

Molson Coors Beverage Company (TAP) Presents at Goldman Sachs Global Staples Forum 2026 Transcript

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A, TAP 32; TSX: TPX.A, TPX.B) announced today that it has commenced an underwritten public offering (the “Offering”) of U.S. dollar-denominated senior notes (the “Notes”). The Offering is expected to close on or about May 27, 2026, subject to customary closing conditions.

Molson Coors intends to use the net proceeds of the Offering for general corporate purposes, including the repayment of the $2.0 billion 3.00% Senior Notes due 2026.

Citigroup Global Markets Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers for the Offering.

The Offering is being made pursuant to an effective shelf registration statement (including a prospectus) (File No. 333-277183) filed with the Securities and Exchange Commission (“SEC”), which became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the related preliminary prospectus supplement and other documents Molson Coors has filed or will file with the SEC for more complete information about Molson Coors and the Offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. A copy of the prospectus and related preliminary prospectus supplement for the Offering may be obtained by contacting: Citigroup Global Markets Inc. by mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 by telephone at 1-800-831-9146 or by email at [email protected]; BofA Securities, Inc. by mail at NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at [email protected]; Goldman Sachs & Co. LLC by mail at 200 West Street, New York, NY 10282, Attention: Prospectus Department, by facsimile at 212-902-9316, by telephone at 1-866-471-2526 or by email at [email protected].

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Notes or any other security, nor shall there be any sale of the Notes or any other security in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.

Overview of Molson Coors

For more than two centuries, we have brewed beverages that unite people to celebrate all life’s moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel’s Summer Shandy, to our value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While our history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer and Monaco, spirits and non-alcoholic beverages. We also have partner brands, such as Simply Spiked, ZOA Energy, Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include, without limitation, Molson Coors’ plans and intentions regarding the Offering and the use of proceeds from the Offering. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including, without limitation, prevailing market conditions and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect Molson Coors and its results is included in Molson Coors’ filings with the SEC, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.sec.gov. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Molson Coors does not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise.

On May 28, 2026, Molson Coors Beverage Co TAP shares fell 3.1% to a current price of $40.57. This decline follows a trend where the stock has seen a 52-week range between $40.37 and $54.82, indicating volatility in its recent price performance.

GF Value™ verdict: The current price of $40.57 is 29.5% below the GF Value™ estimate of $57.52.GF Score™: TAP has a GF Score™ of 64/100, which is considered above average.Most notable signal: Insider activity shows that insiders bought $0.1 million and sold $0.1 million in the last three months, indicating mixed sentiment. Is TAP Overvalued or Undervalued? The current market price of Molson Coors Beverage Co TAP at $40.57 suggests that the stock is undervalued when compared to the GF Value™ estimate of $57.52, reflecting a significant margin of safety of 29.5%. This valuation indicates a potential opportunity for investors looking for stocks trading below their intrinsic value. However, the GF Valuation label suggests that TAP is a possible value trap, which means that while it may appear undervalued, there could be underlying risks affecting its future performance. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

Investors should approach this situation with caution, considering both the undervaluation indicated by the current price relative to GF Value™ and the potential risks highlighted by the GF Valuation label. The possibility of a value trap suggests that while the stock may be cheap, it may also be facing challenges that could hinder its recovery.

How Does TAP's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 8.6x 12.2x TAP is currently trading below its 5-year median P/E of 12.2x, with a forward P/E of 8.6x indicating a potentially attractive valuation compared to its historical performance. This P/E analysis aligns with the GF Value™ verdict that suggests the stock is undervalued, reinforcing the perspective that TAP may present a buying opportunity, albeit with noted risks.

What Does TAP's GF Score™ Tell Us? Metric Rating GF Score™ 64/100 Financial Strength 5/10 Profitability 6/10 Growth 3/10 Valuation 8/10 Momentum 2/10 The GF Score™ of 64/100 indicates that TAP is performing above average when compared to other stocks. The strongest area is the Valuation rank, which is rated 8/10, suggesting that the stock is attractively priced relative to its peers. Conversely, the weakest area is the Growth rank at 3/10, which indicates potential challenges in revenue or earnings growth. The mixed signals from the GF Score™ highlight the need for careful consideration of TAP's future growth prospects in relation to its current valuation.

What Are Insiders Doing with TAP Stock? Insider activity for Molson Coors Beverage Co TAP has seen both buying and selling in the last three months, with insiders purchasing $0.1 million worth of shares and selling a similar amount. This pattern suggests that insiders might have mixed feelings about the company's future performance. While purchases can indicate confidence in the stock's potential, simultaneous sales may reflect a desire to realize gains or manage risk. Investors should keep an eye on insider trading as it can provide additional context to the stock's outlook.

What This Means for Investors Based on the GF Value™ assessment, Molson Coors Beverage Co TAP is currently undervalued. However, the potential for a value trap and the mixed signals from insider activity and growth prospects necessitate caution. Investors should weigh the attractive valuation against the risks inherent in the company's current financial and operational challenges.

For the complete analysis, visit the Molson Coors Beverage Co TAP stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is TAP's GF Score™?

TAP has a GF Score™ of 64/100, indicating that it is positioned above average compared to its peers in terms of potential long-term returns.

Is TAP overvalued or undervalued?

According to the GF Value™, TAP is currently undervalued, with a stock price that is 29.5% below its estimated intrinsic value.

What is TAP's P/E ratio?

TAP's current P/E ratio is 8.6x, which is below its 5-year median P/E of 12.2x, suggesting that the stock is trading at a lower valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Molson Coors Beverage Company (TAP) Presents at 23rd annual dbAccess Global Consumer Conference Transcript

For the quarter ended March 2026, Simon Property (SPG - Free Report) reported revenue of $1.76 billion, up 19.3% over the same period last year. EPS came in at $3.17, compared to $1.27 in the year-ago quarter.

The reported revenue represents a surprise of +12.08% over the Zacks Consensus Estimate of $1.57 billion. With the consensus EPS estimate being $2.98, the EPS surprise was +6.49%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Simon Property performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

U.S. Malls and Premium Outlets - Occupancy - Total Portfolio: 96% compared to the 96.4% average estimate based on two analysts.Revenue- Management fees and other revenues: $40.19 million versus $34.36 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +18.9% change.Revenue- Other income: $88.37 million versus $78.87 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +23.1% change.Revenue- Lease income: $1.63 billion versus the two-analyst average estimate of $1.48 billion. The reported number represents a year-over-year change of +19.1%.Net Earnings Per Share (Diluted): $1.48 versus $1.43 estimated by three analysts on average.View all Key Company Metrics for Simon Property here>>>

Shares of Simon Property have returned +0.8% over the past month versus the Zacks S&P 500 composite's +9.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Simon Property Group, Inc. (SPG) Q1 2026 Earnings Call Transcript

Simon Property Group remains a relatively safe investment even with the new CEO, Eli Simon, due to enduring location advantages. Current economic uncertainty and inflation concerns highlight the need for safety and cash reserves. SPG's diversification and prime locations position it for faster recovery compared to industry peers during potential consumer downturns.

Three Oversold REITs With Strong FundamentalsSimon Property Group NYSE: SPG reported first-quarter 2026 results that exceeded its internal plan and raised its full-year real estate funds from operations guidance, citing stronger occupancy, higher shopper traffic and accelerating retailer sales across its portfolio.

Eli Simon, the company’s chief executive officer, president and chief operating officer, said the quarter reflected “solid fundamentals across all our platforms, the resilience of the consumer, and the strength and breadth of tenant demand” for Simon’s centers. He also opened the call by thanking those who sent notes following the death of his father, saying his impact on the company and the industry was “truly powerful.”

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FFO Rises as NOI Growth Remains Strong AI Panic Hits Wall Street: 3 Financial Stocks on SaleBrian McDade, executive vice president and chief financial officer, said real estate FFO totaled $1.2 billion, or $3.17 per share, in the first quarter, compared with $1.1 billion, or $2.95 per share, in the prior-year period. That represented 7.5% growth.

McDade said domestic and international operations contributed $0.27 of growth, driven by increased lease income and disciplined cost management. Higher interest expense and lower interest income were a combined $0.05 drag year over year, as expected.

2 REITs That Look Attractive in a Stable Rate EnvironmentReported FFO was $2.91 per share and included $40 million, or $0.10 per share, of accelerated stock compensation expense. McDade said that expense reduced real estate FFO by $0.02 per share and other platform investments, net of tax, by $0.08 per share.

Domestic property net operating income increased 6.7% year over year in the quarter. McDade said approximately 120 basis points of that growth came from Simon’s acquisition of the remaining TRG interests. Portfolio NOI, which includes international properties at constant currency, also grew 6.7%.

The company increased its full-year 2026 real estate FFO guidance to a range of $13.10 to $13.25 per share, compared with $12.73 per share in 2025. McDade said the midpoint of the new range represents a 5% increase from last year.

Leasing Activity and Retailer Sales Accelerate Simon said retailer demand remained broad-based, spanning new and legacy retailers across categories, platforms and geographies. During the first quarter, the company signed more than 1,100 leases totaling over 4.7 million square feet. About 25% of leasing volume came from new deals.

The company has completed more than 75% of its 2026 lease expirations, which Simon said is ahead of where it stood at the same time last year. He said the leasing pipeline is “significantly larger” than a year ago and includes legacy brands, new-to-portfolio concepts, luxury retailers, restaurants and local and regional tenants.

Average base minimum rent for malls and premium outlets increased 5.2% year over year, while mall rent increased 9.1%. Occupancy for malls and premium outlets was 96% at quarter-end, up 10 basis points from a year earlier. McDade said occupancy cost was 12.7%.

Retailer sales at malls and premium outlets were $819 per square foot, up 11.8%. Simon said total sales volume increased 5.6% over the trailing 12 months and 8.8% in the quarter, while comparable sales grew 6.5% in the first quarter. He cited strength in luxury, jewelry, athleisure and juniors.

During the question-and-answer portion of the call, Simon pushed back on the idea that the company has leverage over retailers, saying retailers have multiple options, including online channels. Still, he said tenants increasingly want to discuss lease expirations beyond 2026, including 2027, 2028 and 2029.

Development Pipeline Totals Billions of Dollars Simon said the company has projects under construction at 29 centers, with its share of net costs at $1.06 billion and a blended yield of 9%. About half of the net cost is tied to mixed-use projects, including roughly 1,200 multifamily units at Brea Mall, Briarwood Mall and Northgate, along with more than 400 hotel keys at Northshore Mall, Roosevelt Field and The Domain.

The company also has redevelopments of former anchor boxes underway at Brea Mall and the Fashion Mall at Keystone, where it plans to add retail, restaurants, entertainment and fitness uses.

Simon said an additional $1 billion of projects could begin construction this year, including new developments, anchor redevelopments and international redevelopments and expansions. Beyond that, he said Simon has about $3 billion of projects in its pipeline that could start over the next several years.

He said the projects will be funded from internally generated cash flow and emphasized that the company has flexibility to adjust timing based on construction costs or market conditions. “We can be patient,” Simon said, adding that the company can also invest counter-cyclically.

Dividend Raised, Buybacks Continue Simon announced a second-quarter dividend of $2.25 per share, up $0.15, or 7.1%, from the prior-year period. The dividend is payable June 30.

The company repurchased approximately 965,000 shares of common stock in the first quarter for $175 million, at an average purchase price of $181.59. Simon said the company expects to continue to be active on buybacks but will remain prudent depending on market conditions.

On the balance sheet, McDade said Simon completed 10 secured loan transactions totaling about $2.3 billion at a weighted average interest rate of 5.25%. The company also issued $800 million of senior notes to repay $800 million of notes that matured Jan. 15 and amended, restated and extended its $5 billion revolving credit facility at a 15-basis-point lower pricing grid.

Simon ended the quarter with approximately $8.7 billion of liquidity. McDade said net debt to EBITDA was 5.0 times and the fixed charge coverage ratio was 4.6 times.

Consumer Trends and Portfolio Strategy Asked about the consumer, Simon said sales growth was broad-based, with the upper-end consumer performing well and hard luxury, jewelry and watches showing strong growth. He also cited strength in juniors brands that target Gen Z shoppers.

Food and beverage was “a touch softer,” Simon said, with comparable performance roughly flat. He also noted softness in tourist markets that rely on European and Canadian international travelers, while Florida markets, including Orlando, remained strong.

On leadership and capital allocation, Simon said the company is operating “business as usual” and does not expect a change in strategy. He said Simon will continue to evaluate development, acquisitions, share repurchases and dividends based on returns and shareholder value.

Simon also discussed the integration of Taubman assets, saying corporate integration was effectively completed by the end of April. He said the company is focused on reinvesting in assets including Green Hills in Nashville, International Plaza in Tampa and Cherry Creek in Denver, with more than $250 million of planned investment beginning later this year.

About Simon Property Group NYSE: SPGSimon Property Group, Inc NYSE: SPG is a publicly traded real estate investment trust (REIT) that owns, develops and manages retail real estate properties. Its core business activities include acquisition, development, leasing and property management of regional malls, outlet centers and mixed‑use retail destinations. The company operates retail brands that include high‑profile regional shopping centers and the Premium Outlets platform, and it provides services such as tenant leasing, marketing, property operations and capital projects to optimize asset performance.

Simon's portfolio spans a broad mix of enclosed malls, open‑air centers, outlet properties and mixed‑use developments, and the company pursues redevelopment and repositioning to adapt properties to changing consumer and retail trends.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Immersive fan experiences, exclusive retail, and high-energy events bring soccer excitement to Simon destinations nationwide

, /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, is teaming up with adidas® to bring soccer fan experiences and programming to select Simon destinations this summer.

From large-scale block party experiences, to soccer watch parties, and exclusive adidas product releases and immersive in-store activations, these experiences are designed to bring the energy and culture of the global game to life.

Soccer at Simon adidas will host events at Del Amo Fashion Center® (June 14), Houston Premium Outlets® (June 18), Sawgrass Mills® (June 27), and Phipps Plaza® (July 15). Each event will feature interactive fan zones, adidas product experiences, and DJ performances, creating family-friendly environments that reflect soccer's vibrant, international spirit.

A larger-than-life adidas Match Ball installation will serve as a centerpiece of each block party and travel to additional Simon locations throughout the summer, offering fans an interactive, photo-driven moment inspired by the sport.

"Together with adidas we're creating an unforgettable fan experience across Simon destinations nationwide," said Lee Sterling, Simon's Chief Marketing Officer. "With adidas's deep connection to soccer and Simon's unmatched national reach, we're delivering engaging experiences that connect communities through a shared love of the game."

In addition to live events in select markets, adidas retail locations at 90 Simon centers will offer enhanced in-store activations, including limited-edition product, collectible merchandise, and scratch-off prizes with qualifying purchases extending fan engagement across the country.

This summer, Simon destinations will serve as gathering places for fans to experience the excitement, culture, and creativity inspired by soccer.

About adidas at Simon

adidas operates stores at approximately 90 Simon centers nationwide, offering soccer footwear, apparel, and accessories.

About Simon
Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, and entertainment mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. For more information, visit simon.com.

SOURCE Simon