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 stock has increased by 2.9% and is now trading at $305.97. 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) posted its earnings results on Thursday, March, 5th. The retailer reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.04. The retailer had revenue of $39.10 billion for the quarter, compared to analysts' expectations 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 previous year, the company posted $2.01 earnings per share. 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 paid a dividend of $0.65 per share on Friday, February 21st. This represents a $2.60 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Thursday, February 6th. View Costco Wholesale's dividend history.

Costco Wholesale declared that its board has approved a share repurchase 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 reacquire up to 3.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

30 analysts have issued 1-year target prices for Costco Wholesale's stock. Their forecasts range from $230.00 to $355.00. On average, they expect Costco Wholesale's stock price to reach $317.30 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View analysts' price targets for Costco Wholesale.

Costco Wholesale same-store sales climbed 11.7% in the month of February. Costco Wholesale stock fell by 1.4% in the first day of trading following the news.

Headlines about COST stock have trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, 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 assigned news coverage about the retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCostco Wholesale.

Costco Wholesale saw a increase in short interest in 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 daily trading volume, of 4,974,300 shares, the short-interest ratio is currently 1.1 days. Currently, 1.3% of the company's shares 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), Home Depot (HD), Netflix (NFLX), 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 State of Alaska Department of Revenue (0.02%), Investment House LLC (0.02%), Buffington Mohr McNeal (0.01%), Woodstock Corp (0.01%), American National Bank (0.01%) and Neville Rodie & Shaw Inc. (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 American National Bank, Neville Rodie & Shaw Inc., Fulton Bank N.A., Investment House LLC, Mountain Pacific Investment Advisers Inc. ID, McGuire Investment Group LLC, Woodstock Corp, and CHICAGO TRUST Co NA. 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 acquired by a variety of institutional investors in the last quarter, including Adviser Investments LLC, Lake Street Financial LLC, State of Alaska Department of Revenue, Trinity Legacy Partners LLC, IBM Retirement Fund, Xcel Wealth Management LLC, Park National Corp OH, and IMS Capital 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 $305.97.

Costco Wholesale has a market capitalization of $135.11 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]