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 0.85%. 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 approved a stock repurchase plan on Friday, April 26th 2019, which permits the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

Costco Wholesale Co. (NASDAQ:COST) released its quarterly earnings results on Thursday, December, 12th. The retailer reported $1.73 earnings per share for the quarter, topping the 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 net margin of 2.42% and a return on equity of 24.22%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the company earned $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 analysts have issued 1 year target prices for Costco Wholesale's shares. Their forecasts range from $230.00 to $335.00. On average, they expect Costco Wholesale's share price to reach $301.81 in the next year. This suggests that the stock has a possible downside of 0.9%. 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, 11 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Costco Wholesale.

Costco Wholesale same store sales climbed 9% in the month of December. Costco Wholesale stock fell by 1.2% in the first full-day of trading following the report.

News coverage about COST stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Costco Wholesale earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the retailer a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. 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 trading volume, of 1,930,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 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), Walmart (WMT) and AT&T (T).

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%), Douglass Winthrop Advisors LLC (0.05%), Huntington National Bank (0.05%), Calamos Advisors LLC (0.04%) and Nisa Investment Advisors LLC (0.03%). 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 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, Nisa Investment Advisors LLC and Douglass Winthrop 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., Clear Street Markets LLC, Professional Planning, Commerzbank Aktiengesellschaft FI, Peterson Wealth Management, UNIVEST FINANCIAL Corp and AE Wealth Management LLC. 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 $304.68.

Costco Wholesale has a market capitalization of $134.60 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]