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

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

Costco Wholesale announced a quarterly dividend on Friday, October 18th. Investors of record on Friday, November 1st will be given 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 of this dividend is Thursday, October 31st. View Costco Wholesale's Dividend History.

Costco Wholesale declared that its Board of Directors has initiated a share buyback program 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 repurchase up to 3.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Costco Wholesale Co. (NASDAQ:COST) released its quarterly earnings data on Thursday, December, 12th. The retailer reported $1.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.71 by $0.02. The retailer had revenue of $37.04 billion for the quarter, compared to analyst estimates of $37.40 billion. Costco Wholesale had a return on equity of 24.22% and a net margin of 2.42%. Costco Wholesale's revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.61 EPS. 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 brokers have issued twelve-month target prices for Costco Wholesale's shares. Their forecasts range from $230.00 to $335.00. On average, they anticipate Costco Wholesale's stock price to reach $303.48 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. 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 climbed 9% during the month of December. Costco Wholesale shares dropped by 1.2% in the first full-day of trading following the report.

Media stories about COST stock have trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Costco Wholesale earned a coverage optimism score of 0.7 on InfoTrie's scale. They also gave news articles about the retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Costco Wholesale.

Costco Wholesale saw a increase in short interest in the month of 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 trading volume of 1,930,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.3% of the shares of the stock are short sold. 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 a number of of institutional and retail investors. Top institutional shareholders 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 bought 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 $313.26.

Costco Wholesale has a market capitalization of $138.39 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]