NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COST shares have increased by 13.2% and is now trading at $336.76.
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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, October 1st 2020.
View our earnings forecast for Costco Wholesale.

Costco Wholesale Co. (NASDAQ:COST) posted its quarterly earnings data on Thursday, May, 28th. The retailer reported $1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 22.60% and a net margin of 2.31%. The company's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale announced 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 yield of 0.83%. The ex-dividend date is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

30 Wall Street analysts have issued 12-month price targets for Costco Wholesale's stock. Their forecasts range from $230.00 to $390.00. On average, they anticipate Costco Wholesale's share price to reach $337.83 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price.
View analysts' price targets for Costco Wholesale.

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

Media stories about COST stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Costco Wholesale earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned news stories about the retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.
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 trading volume, of 3,910,000 shares, the short-interest 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 shareholders include FMR LLC (2.74%), Bank of New York Mellon Corp (1.04%), Jennison Associates LLC (0.88%), Fisher Asset Management LLC (0.74%), Swiss National Bank (0.41%) and Sumitomo Mitsui Trust Holdings Inc. (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 Jennison Associates LLC, Toronto Dominion Bank, Marshall Wace North America L.P., Sarasin & Partners LLP, FIL Ltd, Grantham Mayo Van Otterloo & Co. LLC, MUFG Securities EMEA plc, and Sumitomo Mitsui Trust Holdings Inc.. 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 purchased 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, First Trust Advisors LP, Achmea Investment Management B.V., Sawgrass Asset Management LLC, and Robeco Institutional Asset Management B.V..
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 $336.76.

Costco Wholesale has a market capitalization of $148.69 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]