What is Zacks Research's Estimate for Starbucks Q4 Earnings?

Key Points

• Zacks Research has lowered its Q4 2026 earnings per share estimate for Starbucks from $0.96 to $0.76, while the full-year earnings estimate stands at $2.99 per share.
• Starbucks reported a Q4 earnings miss with an EPS of $0.50, falling short of the expected $0.64, although it achieved revenue of $9.46 billion, surpassing estimates.
• The coffee company recently declared a quarterly dividend of $0.61 per share with a payout ratio of 105.17%, reflecting strong returns to shareholders.

Starbucks Corporation (NASDAQ:SBUX - Free Report) - Investment analysts at Zacks Research lowered their Q4 2026 earnings per share estimates for shares of Starbucks in a research report issued to clients and investors on Tuesday, August 19th. Zacks Research analyst Team now forecasts that the coffee company will post earnings per share of $0.76 for the quarter, down from their prior forecast of $0.96. The consensus estimate for Starbucks' current full-year earnings is $2.99 per share. Zacks Research also issued estimates for Starbucks' FY2027 earnings at $3.31 EPS.

A number of other research analysts have also issued reports on the company. Loop Capital set a $165.00 target price on Starbucks in a report on Tuesday, August 12th. Cowen restated a "hold" rating on shares of Starbucks in a research report on Tuesday, June 24th. Guggenheim raised their target price on shares of Starbucks from $79.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. BMO Capital Markets reiterated an "outperform" rating and set a $115.00 price target (up from $100.00) on shares of Starbucks in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada increased their price target on shares of Starbucks from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $104.40.

Starbucks Stock Down 1.1%

Shares of SBUX stock opened at $88.56 on Friday. The stock's 50-day moving average price is $92.59 and its 200 day moving average price is $93.70. The stock has a market capitalization of $100.67 billion, a PE ratio of 38.17, a price-to-earnings-growth ratio of 5.31 and a beta of 1.02. Starbucks has a 52-week low of $75.50 and a 52-week high of $117.46.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The coffee company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.14). Starbucks had a net margin of 7.18% and a negative return on equity of 36.23%. The business had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.29 billion. During the same quarter in the prior year, the firm posted $0.93 earnings per share. The company's revenue for the quarter was up 3.8% compared to the same quarter last year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $2.44 dividend on an annualized basis and a yield of 2.8%. Starbucks's dividend payout ratio (DPR) is 105.17%.

Institutional Investors Weigh In On Starbucks

Institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after purchasing an additional 81,952 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Starbucks by 1,548.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,513,437 shares of the coffee company's stock worth $138,102,000 after buying an additional 1,421,600 shares in the last quarter. RiverPark Advisors LLC grew its stake in Starbucks by 59.6% in the 4th quarter. RiverPark Advisors LLC now owns 12,587 shares of the coffee company's stock valued at $1,149,000 after acquiring an additional 4,701 shares during the last quarter. Burling Wealth Partners LLC acquired a new position in Starbucks during the fourth quarter worth about $751,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of Starbucks by 25.6% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 121,085 shares of the coffee company's stock valued at $11,001,000 after purchasing an additional 24,718 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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