NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, COST shares have increased by 14.8% and is now trading at $341.37.
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31 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 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, October 1st 2020.
View our earnings forecast for Costco Wholesale.

Costco Wholesale Co. (NASDAQ:COST) released its earnings results on Thursday, May, 28th. The retailer reported $1.89 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.92 by $0.03. The retailer earned $36.45 billion during the quarter, compared to analysts' expectations of $36.66 billion. Costco Wholesale had a net margin of 2.31% and a return on equity of 22.60%. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Wednesday, July 15th. Investors of record on Friday, July 31st will be paid a dividend of $0.70 per share on Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

31 analysts have issued 1 year price objectives for Costco Wholesale's stock. Their forecasts range from $230.00 to $390.00. On average, they expect Costco Wholesale's stock price to reach $333.96 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts' price targets for Costco Wholesale.

Costco Wholesale same store sales increased by 13.2% during the month of July. Costco Wholesale stock climbed by 0% in the first full-day of trading following the news.

News articles about COST stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Costco Wholesale earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned media headlines about the retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Costco Wholesale.

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), Ollie's Bargain Outlet (OLLI), Five Below (FIVE), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).
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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), Johnson & Johnson (JNJ), Boeing (BA), Tesla (TSLA) and Walmart (WMT).

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

Costco Wholesale's stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (0.88%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Principal Financial Group Inc. (0.41%), New York State Common Retirement Fund (0.24%) and Everett Harris & Co. CA (0.21%). 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 Jennison Associates LLC, Sarasin & Partners LLP, Sumitomo Mitsui Trust Holdings Inc., Bessemer Group Inc., Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Hosking Partners LLP, and Royal London Asset Management Ltd.. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, James P Murphy, Joseph P Portera, 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 insider buying and selling activity for Costco Wholesale.

COST stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., First Trust Advisors LP, Sawgrass Asset Management LLC, Robeco Institutional Asset Management B.V., Baskin Financial Services Inc., Janney Montgomery Scott LLC, Oregon Public Employees Retirement Fund, and ProShare Advisors LLC.
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 $341.37.

Costco Wholesale has a market capitalization of $150.72 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.

The official website for Costco Wholesale is 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]