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. Since then, COST shares have increased by 9.4% and is now trading at $325.53.
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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."
View analyst ratings for Costco Wholesale.

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) issued its quarterly earnings data on Thursday, May, 28th. The retailer reported $1.89 EPS for the quarter, missing the Zacks' consensus estimate of $1.92 by $0.03. The retailer had revenue of $36.45 billion for 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 quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale announced a quarterly dividend on Wednesday, July 15th. Shareholders 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 yield of 0.86%. The ex-dividend date of this dividend is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

31 brokers have issued 1 year price objectives for Costco Wholesale's shares. Their forecasts range from $230.00 to $375.00. On average, they anticipate Costco Wholesale's stock price to reach $327.29 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts' price targets for Costco Wholesale.

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

Media coverage about COST stock has been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring 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 closest to five being the most favorable. Costco Wholesale earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave news articles about the retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate 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 many different retail and institutional investors. Top institutional investors 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 purchased 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, Pacer Advisors Inc., and Raymond James & Associates.
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 $325.53.

Costco Wholesale has a market capitalization of $143.73 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]