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 (WHO). Since then, COST shares have increased by 13.1% and is now trading at $336.28.
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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, 11 hold ratings and 19 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) announced its earnings results on Thursday, May, 28th. The retailer reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.92 by $0.03. The retailer had revenue of $36.45 billion for 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 company's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Wednesday, July 15th. Shareholders 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 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

31 analysts have issued 1 year target prices for Costco Wholesale's shares. Their forecasts range from $230.00 to $390.00. On average, they anticipate Costco Wholesale's share price to reach $338.88 in the next year. This suggests a possible upside of 0.8% from the stock's current price.
View analysts' price targets for Costco Wholesale.

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

News articles about COST stock have been trending neutral on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Costco Wholesale earned a media sentiment score of 0.0 on InfoTrie's scale. They also assigned news headlines about the retailer a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Costco Wholesale.

Costco Wholesale saw a drop in short interest in the month of May. As of May 29th, there was short interest totaling 4,070,000 shares, a drop of 15.0% from the May 14th total of 4,790,000 shares. Based on an average daily volume of 3,910,000 shares, the days-to-cover ratio is currently 1.0 days.
View Costco Wholesale's Short Interest.

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), Walmart (WMT) and Tesla (TSLA).

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 Vanguard Group Inc. (8.59%), FMR LLC (2.74%), Bank of New York Mellon Corp (1.04%), Jennison Associates LLC (0.88%), Fisher Asset Management LLC (0.74%) and Swiss National Bank (0.41%). 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 Vanguard Group Inc., Jennison Associates LLC, Toronto Dominion Bank, Marshall Wace North America L.P., Sarasin & Partners LLP, FIL Ltd, Grantham Mayo Van Otterloo & Co. LLC, and MUFG Securities EMEA plc. 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, Susan L Decker, and Timothy L Rose.
View insider buying and selling activity for Costco Wholesale.

COST stock was bought by a variety of institutional investors in the last quarter, including Winslow Capital Management LLC, FMR LLC, Principal Financial Group Inc., Fisher Asset Management LLC, Balyasny Asset Management LLC, First Trust Advisors LP, Achmea Investment Management B.V., and Sawgrass Asset Management 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 $336.28.

Costco Wholesale has a market capitalization of $148.48 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.

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]