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. Since then, COST shares have increased by 14.6% and is now trading at $340.91.
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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 (EPS) for the quarter, missing the Thomson Reuters' 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%. Costco Wholesale's revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.89 EPS.
View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Wednesday, July 15th. Stockholders 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 dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, July 30th.
View Costco Wholesale's dividend history.

Costco Wholesale declared that its board has approved a share buyback plan on Friday, April 26th 2019, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

31 brokers have issued twelve-month price targets for Costco Wholesale's stock. Their forecasts range from $230.00 to $390.00. On average, they anticipate Costco Wholesale's stock price to reach $333.96 in the next twelve months. This suggests that the stock has a possible downside of 2.0%.
View analysts' price targets for Costco Wholesale.

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

Headlines about COST stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 -2.0 on InfoTrie's scale. They also gave headlines about the retailer a news buzz of 0.0 out of 10, meaning that recent media 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.

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), BJs Wholesale Club (BJ), Five Below (FIVE), 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 a variety of retail and institutional investors. Top institutional investors include Jennison Associates LLC (0.88%), Fisher Asset Management LLC (0.74%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Principal Financial Group Inc. (0.41%) and New York State Common Retirement Fund (0.24%). 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 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 Principal Financial Group Inc., Fisher Asset Management LLC, First Trust Advisors LP, Sawgrass Asset Management LLC, Robeco Institutional Asset Management B.V., Baskin Financial Services Inc., Janney Montgomery Scott LLC, and Oregon Public Employees Retirement Fund.
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 $340.91.

Costco Wholesale has a market capitalization of $150.52 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]