NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, COST stock has increased by 0.9% and is now trading at $300.01. View which stocks have been most impacted by Coronavirus.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 1 sell rating, 10 hold ratings and 19 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Costco Wholesale.

Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Costco Wholesale.

Costco Wholesale Co. (NASDAQ:COST) announced its earnings results on Thursday, March, 5th. The retailer reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $2.06 by $0.04. The retailer earned $39.10 billion during the quarter, compared to analyst estimates of $38.26 billion. Costco Wholesale had a return on equity of 23.41% and a net margin of 2.39%. The company's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.01 EPS. View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Thursday, January 23rd. Investors of record on Friday, February 7th will be given a dividend of $0.65 per share on Friday, February 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, February 6th. View Costco Wholesale's dividend history.

Costco Wholesale announced that its Board of Directors has initiated a stock repurchase program on Friday, April 26th 2019, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

30 Wall Street analysts have issued 12 month target prices for Costco Wholesale's shares. Their forecasts range from $230.00 to $355.00. On average, they expect Costco Wholesale's share price to reach $317.57 in the next year. This suggests a possible upside of 5.9% from the stock's current price. View analysts' price targets for Costco Wholesale.

Costco Wholesale same store sales rose 11.7% in the month of February. Costco Wholesale shares dropped by 1.4% in the first day of trading following the report.

Media headlines about COST stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Costco Wholesale earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCostco Wholesale.

Costco Wholesale saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 5,486,400 shares, an increase of 8.2% from the February 27th total of 5,070,000 shares. Based on an average trading volume of 4,974,300 shares, the short-interest ratio is currently 1.1 days. Approximately 1.3% of the company's stock are short sold. View Costco Wholesale's Current Options Chain.

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Dollar General (DG), Wal-mart de Mexico S A B de C V (WMMVY), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), BJs Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).

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

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

Costco Wholesale's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.05%), Clifford Swan Investment Counsel LLC (0.04%), State of Alaska Department of Revenue (0.02%), Investment House LLC (0.02%), IFM Investors Pty Ltd (0.01%) and Buffington Mohr McNeal (0.01%). Company insiders that own Costco Wholesale stock include Daniel M Hines, Franz E Lazarus, James C Klauer, James P Murphy, John W Meisenbach, Joseph P Portera, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker, Timothy L Rose and W Craig Jelinek. View institutional ownership trends for Costco Wholesale.

COST stock was sold by a variety of institutional investors in the last quarter, including Clifford Swan Investment Counsel LLC, Polaris Greystone Financial Group LLC, M&G Investment Management Ltd., American National Bank, IFM Investors Pty Ltd, Neville Rodie & Shaw Inc., Fulton Bank N.A., and Investment House LLC. 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, Patrick J Callans, Paul G Moulton, Richard A Galanti, Richard M Libenson, Roland Michael Vachris, Russell D Miller, and Susan L Decker. View insider buying and selling activity for Costco Wholesale.

COST stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Adviser Investments LLC, Lake Street Financial LLC, State of Alaska Department of Revenue, Trinity Legacy Partners LLC, IBM Retirement Fund, Xcel Wealth Management LLC, and Tuttle Tactical Management. View insider buying and selling activity for Costco Wholesale.

Shares of COST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of COST stock can currently be purchased for approximately $300.01.

Costco Wholesale has a market capitalization of $132.48 billion and generates $152.70 billion in revenue each year. The retailer earns $3.66 billion in net income (profit) each year or $8.19 on an earnings per share basis. Costco Wholesale employs 254,000 workers across the globe. View additional information about Costco Wholesale.

The official website for Costco Wholesale is http://www.costco.com/.

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]