NASDAQ:COST - Costco Wholesale Stock Price, Forecast & News

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

Costco Wholesale declared a quarterly dividend on Friday, October 18th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.65 per share on Friday, November 15th. This represents a $2.60 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Thursday, October 31st. View Costco Wholesale's Dividend History.

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

Costco Wholesale Co. (NASDAQ:COST) announced its quarterly earnings results on Thursday, December, 12th. The retailer reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.71 by $0.02. The retailer earned $37.04 billion during the quarter, compared to analysts' expectations of $37.40 billion. Costco Wholesale had a net margin of 2.42% and a return on equity of 24.22%. Costco Wholesale's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the business earned $1.61 earnings per share. View Costco Wholesale's Earnings History.

Costco Wholesale is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Costco Wholesale.

Costco Wholesale will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

25 brokerages have issued twelve-month price targets for Costco Wholesale's stock. Their forecasts range from $230.00 to $335.00. On average, they anticipate Costco Wholesale's share price to reach $303.48 in the next year. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Costco Wholesale.

25 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 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Costco Wholesale.

Costco Wholesale same store sales increased by 9% during the month of December. Costco Wholesale shares fell by 1.2% in the first full-day of trading following the news.

Media coverage about COST stock has been trending negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Costco Wholesale earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news stories 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 stock's share price in the next few days. View News Stories for Costco Wholesale.

Costco Wholesale saw a increase in short interest in December. As of December 31st, there was short interest totalling 5,650,000 shares, an increase of 9.9% from the December 15th total of 5,140,000 shares. Based on an average daily volume of 1,930,000 shares, the short-interest ratio is currently 2.9 days. Approximately 1.3% of the company's shares are sold short. View Costco Wholesale's Current Options Chain.

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Wal-mart de Mexico S A B de C V (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

Based on aggregate information from My MarketBeat watchlists, some companies that other Costco Wholesale investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Home Depot (HD), Netflix (NFLX), Visa (V), Boeing (BA), Starbucks (SBUX), AT&T (T) and Walmart (WMT).

Costco Wholesale's stock is owned by many different of institutional and retail investors. Top institutional investors include Johanson Financial Advisors Inc. (0.26%), Boston Trust Walden Corp (0.11%), Bristol John W & Co. Inc. NY (0.09%), Douglass Winthrop Advisors LLC (0.05%), Huntington National Bank (0.05%) and Calamos Advisors LLC (0.04%). 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 Bristol John W & Co. Inc. NY, Calamos Advisors LLC, Boston Trust Walden Corp, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Birch Hill Investment Advisors LLC, DNB Asset Management AS, First National Bank of Omaha and Nisa Investment Advisors LLC. 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 for Costco Wholesale.

COST stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Assenagon Asset Management S.A., Decatur Capital Management Inc., Clear Street Markets LLC, Janney Montgomery Scott LLC, Professional Planning, Commerzbank Aktiengesellschaft FI and Peterson Wealth Management. View Insider Buying and Selling 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 $312.28.

Costco Wholesale has a market capitalization of $137.95 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]