NASDAQ:COST

Costco Wholesale Stock Forecast, Price & News

$381.81
-2.94 (-0.76 %)
(As of 06/18/2021 02:09 PM ET)
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Today's Range
$380.32
$386.98
50-Day Range
$363.17
$387.52
52-Week Range
$295.40
$393.15
Volume62,612 shs
Average Volume2.57 million shs
Market Capitalization$168.79 billion
P/E Ratio35.88
Dividend Yield0.83%
Beta0.65
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Costco Wholesale logo

About Costco Wholesale

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates pharmacies, optical dispensing centers, food courts, and hearing-aid centers, as well as 615 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of October 07, 2020, the company operated 796 warehouses, including 552 in the United States and Puerto Rico, 102 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in South Korea, 13 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

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MarketRank

Overall MarketRank

2.44 out of 5 stars

Retail/Wholesale Sector

8th out of 402 stocks

Variety Stores Industry

2nd out of 17 stocks

Analyst Opinion: 2.3Community Rank: 3.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Costco Wholesale (NASDAQ:COST) Frequently Asked Questions

Is Costco Wholesale a buy right now?

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last twelve months. There are currently 9 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Costco Wholesale stock.
View analyst ratings for Costco Wholesale
or view top-rated stocks.

What stocks does MarketBeat like better than Costco Wholesale?

Wall Street analysts have given Costco Wholesale a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Costco Wholesale wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Costco Wholesale's next earnings date?

Costco Wholesale is scheduled to release its next quarterly earnings announcement on Thursday, September 23rd 2021.
View our earnings forecast for Costco Wholesale
.

How were Costco Wholesale's earnings last quarter?

Costco Wholesale Co. (NASDAQ:COST) announced its earnings results on Wednesday, May, 26th. The retailer reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.28 by $0.47. The retailer had revenue of $44.38 billion for the quarter, compared to analysts' expectations of $43.82 billion. Costco Wholesale had a trailing twelve-month return on equity of 27.30% and a net margin of 2.53%. Costco Wholesale's revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.89 EPS.
View Costco Wholesale's earnings history
.

How has Costco Wholesale's stock price been impacted by Coronavirus (COVID-19)?

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, COST shares have increased by 28.1% and is now trading at $381.12.
View which stocks have been most impacted by COVID-19
.

How often does Costco Wholesale pay dividends? What is the dividend yield for Costco Wholesale?

Costco Wholesale announced a quarterly dividend on Wednesday, April 14th. Shareholders of record on Friday, April 30th will be paid a dividend of $0.79 per share on Friday, May 14th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, April 29th. This is a positive change from Costco Wholesale's previous quarterly dividend of $0.70.
View Costco Wholesale's dividend history
.

Is Costco Wholesale a good dividend stock?

Costco Wholesale pays an annual dividend of $3.16 per share and currently has a dividend yield of 0.83%. 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 35.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Costco Wholesale will have a dividend payout ratio of 28.16% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.
View Costco Wholesale's dividend history.

What price target have analysts set for COST?

26 brokers have issued 1-year price targets for Costco Wholesale's stock. Their forecasts range from $325.00 to $453.00. On average, they expect Costco Wholesale's share price to reach $402.21 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for Costco Wholesale
or view top-rated stocks among Wall Street analysts.

How were Costco Wholesale's same store sales last quarter?

Costco Wholesale same-store sales increased by 32.5% during the month of April. Costco Wholesale stock climbed by 0% in the first full-day of trading following the news.

Who are Costco Wholesale's key executives?

Costco Wholesale's management team includes the following people:
  • Mr. W. Craig Jelinek, Pres, CEO & Director (Age 69, Pay $1.25M)
  • Mr. Richard A. Galanti, Exec. VP, CFO & Director (Age 65, Pay $1.02M)
  • Mr. Joseph P. Portera, Exec. VP, COO of Eastern & Canadian Divisions and Chief Diversity Officer (Age 69, Pay $959.47k)
  • Mr. James P. Murphy, Exec. VP & COO of International Division (Age 68, Pay $877.9k)
  • Mr. Ron M. Vachris, Exec. VP & COO of Merchandising (Age 56, Pay $865.48k)
  • Mr. Paul G. Moulton, Exec. VP & Chief Information Officer (Age 70)
  • Mr. Patrick J. Callans, Exec. VP of Admin. (Age 59)
  • Mr. Robert E. Nelson, Sr. VP of Financial Planning & Investor Relations and Treasury
  • Mr. John Sullivan, Sr. VP, Gen. Counsel, Chief Compliance Officer & Sec.
  • Mr. Richard C. Chavez, Sr. VP of Costco Wholesale Industries & Bus. Devel.

What is Craig Jelinek's approval rating as Costco Wholesale's CEO?

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.

Who are some of Costco Wholesale's key competitors?

What other stocks do shareholders of Costco Wholesale own?

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).

What is Costco Wholesale's stock symbol?

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

Who are Costco Wholesale's major shareholders?

Costco Wholesale's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.72%), Geode Capital Management LLC (1.54%), Morgan Stanley (1.38%), Northern Trust Corp (1.36%), Bank of New York Mellon Corp (1.02%) and Alliancebernstein L.P. (1.01%). Company insiders that own Costco Wholesale stock 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, Richard M Libenson, Roland Michael Vachris, Russell D Miller, Susan L Decker and Timothy L Rose.
View institutional ownership trends for Costco Wholesale
.

Which major investors are selling Costco Wholesale stock?

COST stock was sold by a variety of institutional investors in the last quarter, including Capital International Investors, Clearbridge Investments LLC, Morgan Stanley, Ameriprise Financial Inc., Healthcare of Ontario Pension Plan Trust Fund, Price T Rowe Associates Inc. MD, Toronto Dominion Bank, and Massachusetts Financial Services Co. MA. Company insiders that have sold Costco Wholesale company stock in the last year include 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, and Susan L Decker.
View insider buying and selling activity for Costco Wholesale
or view top insider-selling stocks.

Which major investors are buying Costco Wholesale stock?

COST stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Alliancebernstein L.P., Arrowstreet Capital Limited Partnership, CIBC Private Wealth Group LLC, Standard Life Aberdeen plc, Oak Ridge Investments LLC, Jennison Associates LLC, and Amundi Asset Management US Inc..
View insider buying and selling activity for Costco Wholesale
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Costco Wholesale's stock price today?

One share of COST stock can currently be purchased for approximately $381.12.

How much money does Costco Wholesale make?

Costco Wholesale has a market capitalization of $168.48 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.

How many employees does Costco Wholesale have?

Costco Wholesale employs 273,000 workers across the globe.

Does Costco Wholesale have any subsidiaries?

The following companies are subsidiares of Costco Wholesale: Costco De Mexico S.A. de C.V., Costco Insurance Agency, Costco Wholesale Canada Ltd., Costco Wholesale Japan, Costco Wholesale Korea, Costco Wholesale Membership, Costco Wholesale United Kingdom Ltd., Innovel Solutions, NW Re Ltd., and PriceCostco International.

When was Costco Wholesale founded?

Costco Wholesale was founded in 1983.

What is Costco Wholesale's official website?

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

Where are Costco Wholesale's headquarters?

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

How can I contact Costco Wholesale?

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]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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