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 14.2% and is now trading at $339.79.
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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) released its quarterly earnings data 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 earned $36.45 billion during the quarter, compared to analyst estimates of $36.66 billion. Costco Wholesale had a net margin of 2.31% and a return on equity of 22.60%. The firm's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.89 EPS.
View Costco Wholesale's earnings history.

Costco Wholesale announced a quarterly dividend on Wednesday, July 15th. Stockholders of record on Friday, July 31st will be given 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 is Thursday, July 30th.
View Costco Wholesale's dividend history.

Costco Wholesale announced that its Board of Directors has authorized a share buyback program on Friday, April 26th 2019, which allows the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 3.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

31 Wall Street analysts have issued twelve-month price targets for Costco Wholesale's shares. Their forecasts range from $230.00 to $375.00. On average, they expect Costco Wholesale's stock price to reach $327.29 in the next year. This suggests that the stock has a possible downside of 3.7%.
View analysts' price targets for Costco Wholesale.

Costco Wholesale same store sales climbed 11.5% in the month of June. Costco Wholesale shares climbed by 0% in the first full-day of trading following the news.

Media stories about COST stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. 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 daily sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the retailer a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.
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), 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), Tesla (TSLA) and Walmart (WMT).

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

Costco Wholesale's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.41%), Everett Harris & Co. CA (0.21%), Provident Trust Co. (0.17%), Raymond James & Associates (0.17%), New York State Teachers Retirement System (0.14%) and Robeco Institutional Asset Management B.V. (0.13%). 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 Sarasin & Partners LLP, Sumitomo Mitsui Trust Holdings Inc., Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Royal London Asset Management Ltd., Atalanta Sosnoff Capital LLC, Strs Ohio, and Marathon Asset Management LLP. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, 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 acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Sawgrass Asset Management LLC, Robeco Institutional Asset Management B.V., Baskin Financial Services Inc., Janney Montgomery Scott LLC, Oregon Public Employees Retirement Fund, ProShare Advisors LLC, and Klingenstein Fields & Co. 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 $339.79.

Costco Wholesale has a market capitalization of $150.02 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]