Costco Wholesale Stock Forecast, Price & News

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 11 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Costco Wholesale stock.
View analyst ratings for Costco Wholesale or view top-rated stocks.

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Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Costco Wholesale.

Costco Wholesale will be holding an earnings conference call on Thursday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Costco Wholesale Co. (NASDAQ:COST) announced its earnings results on Wednesday, December, 9th. The retailer reported $2.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.05 by $0.24. The retailer earned $43.21 billion during the quarter, compared to analysts' expectations of $42.26 billion. Costco Wholesale had a net margin of 2.50% and a trailing twelve-month return on equity of 24.50%. The company's revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.73 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COST stock has increased by 12.2% and is now trading at $333.62.
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Costco Wholesale declared a quarterly dividend on Thursday, January 21st. Investors of record on Friday, February 5th will be given a dividend of $0.70 per share on Friday, February 19th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Thursday, February 4th.
View Costco Wholesale's dividend history.

Costco Wholesale pays an annual dividend of $2.80 per share and currently has a dividend yield of 0.82%. Costco Wholesale has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Costco Wholesale is 31.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Costco Wholesale will have a dividend payout ratio of 25.59% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.
View Costco Wholesale's dividend history.

Costco Wholesale announced that its board has initiated a stock repurchase plan on Friday, April 26th 2019, which authorizes the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

31 brokers have issued 1 year price targets for Costco Wholesale's shares. Their forecasts range from $310.00 to $435.00. On average, they anticipate Costco Wholesale's share price to reach $386.64 in the next year. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Costco Wholesale or view top-rated stocks among Wall Street analysts.

Costco Wholesale same-store sales climbed 15.9% in the month of January. Costco Wholesale shares climbed by 0% in the first day of trading following the news.

3,447 employees have rated Costco Wholesale CEO Craig Jelinek on Glassdoor.com. Craig Jelinek has an approval rating of 92% among Costco Wholesale's employees. This puts Craig Jelinek in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), MINISO Group (MNSO), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all of COST's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Costco Wholesale investors own include NVIDIA (NVDA), The Walt Disney (DIS), Alibaba Group (BABA), The Home Depot (HD), Netflix (NFLX), Visa (V), Johnson & Johnson (JNJ), Tesla (TSLA), Walmart (WMT) and The Boeing (BA).

Costco Wholesale trades on the NASDAQ under the ticker symbol "COST."

Costco Wholesale's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.48%), FMR LLC (2.71%), Morgan Stanley (1.60%), Northern Trust Corp (1.36%), Bank of New York Mellon Corp (1.02%) and Nuveen Asset Management LLC (0.95%). Company insiders that own Costco Wholesale stock include Daniel M Hines, James C Klauer, James P Murphy, John W Meisenbach, Joseph P Portera, Kenneth D Denman, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker and Timothy L Rose.
View institutional ownership trends for Costco Wholesale.

COST stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Swedbank, Jennison Associates LLC, Sumitomo Mitsui Trust Holdings Inc., Northern Trust Corp, Canada Pension Plan Investment Board, and Bank of New York Mellon Corp. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, James C Klauer, James P Murphy, Joseph P Portera, Kenneth D Denman, Patrick J Callans, Paul G Moulton, Richard A Galanti, Roland Michael Vachris, Russell D Miller, Susan L Decker, and Timothy L Rose.
View insider buying and selling activity for Costco Wholesale or view top insider-selling stocks.

COST stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Nuveen Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Alliancebernstein L.P., Toronto Dominion Bank, PGGM Investments, Fisher Asset Management LLC, and Cibc World Markets Corp.
View insider buying and selling activity for Costco Wholesale or or view top insider-buying stocks.

Shares of COST 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 COST stock can currently be purchased for approximately $333.62.

Costco Wholesale has a market capitalization of $147.78 billion and generates $166.76 billion in revenue each year. The retailer earns $4.00 billion in net income (profit) each year or $8.85 on an earnings per share basis.

Costco Wholesale employs 156,000 workers across the globe.

The official website for Costco Wholesale is www.costco.com.

Costco Wholesale is headquartered at 999 LAKE DRIVE, ISSAQUAH WA, 98027.

Costco Wholesale's mailing address is 999 LAKE DRIVE, ISSAQUAH WA, 98027. The retailer can be reached via phone at (425) 313-8100 or via email at [email protected]