Costco Wholesale Stock Forecast, Price & News

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 11 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Costco Wholesale stock.
View analyst ratings for Costco Wholesale or view top-rated stocks.

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Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, May 27th 2021.
View our earnings forecast for Costco Wholesale.

Costco Wholesale Co. (NASDAQ:COST) released its quarterly earnings data on Wednesday, March, 3rd. The retailer reported $2.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.45 by $0.31. The retailer earned $44.77 billion during the quarter, compared to the consensus estimate of $43.71 billion. Costco Wholesale had a trailing twelve-month return on equity of 24.50% and a net margin of 2.50%. The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the business posted $2.10 EPS.
View Costco Wholesale's earnings history.

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 6.7% and is now trading at $317.32.
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Costco Wholesale declared a quarterly dividend on Thursday, January 21st. Stockholders of record on Friday, February 5th will be paid a dividend of $0.70 per share on Friday, February 19th. This represents a $2.80 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, February 4th.
View Costco Wholesale's dividend history.

Costco Wholesale pays an annual dividend of $2.80 per share and currently has a dividend yield of 0.86%. Costco Wholesale has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Costco Wholesale is 31.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Costco Wholesale will have a dividend payout ratio of 25.59% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.
View Costco Wholesale's dividend history.

Costco Wholesale declared that its Board of Directors has authorized a share buyback program on Friday, April 26th 2019, which permits the company to buyback $4,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

27 equities research analysts have issued 1-year price objectives for Costco Wholesale's shares. Their forecasts range from $310.00 to $430.00. On average, they anticipate Costco Wholesale's share price to reach $377.30 in the next year. This suggests a possible upside of 18.9% from the stock's current price.
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Costco Wholesale same store sales increased by 15.9% during the month of January. Costco Wholesale stock rose by 0% in the first day of trading following the news.

3,447 employees have rated Costco Wholesale CEO Craig Jelinek on Glassdoor.com. Craig Jelinek has an approval rating of 92% among Costco Wholesale's employees. This puts Craig Jelinek in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), MINISO Group (MNSO), Ollie's Bargain Outlet (OLLI), BJ's Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all of COST's competitors.

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

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

Costco Wholesale's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.48%), FMR LLC (2.71%), Morgan Stanley (1.60%), Northern Trust Corp (1.36%), Norges Bank (1.07%) and Bank of New York Mellon Corp (1.02%). Company insiders that own Costco Wholesale stock include Daniel M Hines, James C Klauer, James P Murphy, John W Meisenbach, Joseph P Portera, Kenneth D Denman, 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 institutional ownership trends for Costco Wholesale.

COST stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Swedbank, Jennison Associates LLC, Sumitomo Mitsui Trust Holdings Inc., Northern Trust Corp, Canada Pension Plan Investment Board, and Bank of New York Mellon Corp. 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, Kenneth D Denman, Patrick J Callans, Paul G Moulton, Richard A Galanti, Roland Michael Vachris, Russell D Miller, Susan L Decker, and Timothy L Rose.
View insider buying and selling activity for Costco Wholesale or view top insider-selling stocks.

COST stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Morgan Stanley, Nuveen Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Alliancebernstein L.P., Toronto Dominion Bank, PGGM Investments, and Fisher Asset Management LLC.
View insider buying and selling activity for Costco Wholesale or or view top insider-buying stocks.

Shares of COST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COST stock can currently be purchased for approximately $317.32.

Costco Wholesale has a market capitalization of $140.56 billion and generates $166.76 billion in revenue each year. The retailer earns $4.00 billion in net income (profit) each year or $8.85 on an earnings per share basis.

Costco Wholesale employs 156,000 workers across the globe.

Costco Wholesale was founded in 1983.

The official website for Costco Wholesale is www.costco.com.

Costco Wholesale is headquartered at 999 LAKE DRIVE, ISSAQUAH WA, 98027.

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]