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

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COST stock has decreased by 3.0% and is now trading at $288.40. View which stocks have been mosted impacted by Coronavirus.

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 1 sell rating, 9 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, June 4th 2020. View our earnings forecast for Costco Wholesale.

Costco Wholesale Co. (NASDAQ:COST) posted its quarterly earnings results on Thursday, March, 5th. The retailer reported $2.10 EPS for the quarter, topping the consensus estimate of $2.06 by $0.04. The retailer earned $39.10 billion during the quarter, compared to analysts' expectations of $38.26 billion. Costco Wholesale had a return on equity of 23.41% and a net margin of 2.39%. Costco Wholesale's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.01 EPS. View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Thursday, January 23rd. Investors of record on Friday, February 7th will be paid a dividend of $0.65 per share on Friday, February 21st. This represents a $2.60 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Thursday, February 6th. View Costco Wholesale's dividend history.

Costco Wholesale announced that its board has approved a stock repurchase plan on Friday, April 26th 2019, which authorizes the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

29 analysts have issued 1 year price targets for Costco Wholesale's stock. Their forecasts range from $230.00 to $355.00. On average, they expect Costco Wholesale's share price to reach $317.30 in the next year. This suggests a possible upside of 10.0% from the stock's current price. View analysts' price targets for Costco Wholesale.

Costco Wholesale same store sales rose 11.7% in the month of February. Costco Wholesale stock fell by 1.4% in the first full-day of trading following the report.

News coverage about COST stock has trended very positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Costco Wholesale earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned news coverage about the retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCostco Wholesale.

Costco Wholesale saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,486,400 shares, an increase of 8.2% from the February 27th total of 5,070,000 shares. Based on an average daily trading volume, of 4,974,300 shares, the short-interest ratio is currently 1.1 days. Currently, 1.3% of the shares of the stock 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), BJs Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).

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), Boeing (BA), AT&T (T), Walmart (WMT) and Starbucks (SBUX).

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

Costco Wholesale's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (4.18%), FMR LLC (2.46%), Capital World Investors (1.62%), Capital Research Global Investors (1.54%), Geode Capital Management LLC (1.47%) and Jennison Associates LLC (1.15%). 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 Capital World Investors, Capital Research Global Investors, 1832 Asset Management L.P., FMR LLC, Jennison Associates LLC, Janus Henderson Group PLC, Alliancebernstein L.P., and Renaissance Technologies 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 activity for Costco Wholesale.

COST stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Johanson Financial Advisors Inc., Geode Capital Management LLC, Amundi Pioneer Asset Management Inc., Stifel Financial Corp, Prudential Financial Inc., Emerald Advisors LLC, and Marshall Wace North America L.P.. 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 $288.40.

Costco Wholesale has a market capitalization of $127.35 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]