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 stock has increased by 11.8% and is now trading at $332.43.
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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, 10 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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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) posted its quarterly earnings results on Thursday, May, 28th. The retailer reported $1.89 EPS for the quarter, missing the consensus estimate of $1.92 by $0.03. The retailer had revenue of $36.45 billion for the quarter, compared to the consensus estimate of $36.66 billion. Costco Wholesale had a return on equity of 22.60% and a net margin of 2.31%. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale declared a quarterly dividend on Wednesday, July 15th. Stockholders 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 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

31 Wall Street analysts have issued 1 year price objectives for Costco Wholesale's shares. Their forecasts range from $230.00 to $390.00. On average, they anticipate Costco Wholesale's stock price to reach $333.96 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 climbed 13.2% in the month of July. Costco Wholesale shares climbed by 0% in the first day of trading following the news.

News stories about COST stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 0.2 on InfoTrie's scale. They also assigned media stories 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 next few days.
View the latest news about Costco Wholesale.

Costco Wholesale saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,980,000 shares, an increase of 16.4% from the January 31st total of 4,280,000 shares. Based on an average daily trading volume, of 2,040,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.1% of the company's stock are sold short.
View Costco Wholesale's Short Interest.

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), Walmart (WMT) and JPMorgan Chase & Co. (JPM).

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 Jennison Associates LLC (0.88%), Fisher Asset Management LLC (0.74%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Principal Financial Group Inc. (0.41%) and New York State Common Retirement Fund (0.24%). 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 Jennison Associates LLC, Toronto Dominion Bank, Sarasin & Partners LLP, Sumitomo Mitsui Trust Holdings Inc., Bessemer Group Inc., Assenagon Asset Management S.A., Gateway Investment Advisers LLC, and Hosking Partners LLP. 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, 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 Principal Financial Group Inc., Fisher Asset Management LLC, First Trust Advisors LP, Sawgrass Asset Management LLC, Robeco Institutional Asset Management B.V., Baskin Financial Services Inc., Janney Montgomery Scott LLC, and Oregon Public Employees Retirement Fund.
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 $332.43.

Costco Wholesale has a market capitalization of $146.78 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]