NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

Costco Wholesale's stock was trading at $297.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COST stock has increased by 11.8% and is now trading at $332.43.
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30 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 19 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) released its quarterly earnings results on Thursday, May, 28th. The retailer reported $1.89 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.92 by $0.03. The retailer earned $36.45 billion during 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%. Costco Wholesale's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $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 paid a dividend of $0.70 per share on Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, July 30th.
View Costco Wholesale's dividend history.

Costco Wholesale announced that its board has initiated a share buyback program on Friday, April 26th 2019, which authorizes the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

30 equities research analysts have issued 12 month target prices for Costco Wholesale's stock. Their forecasts range from $230.00 to $390.00. On average, they expect Costco Wholesale's stock price to reach $333.96 in the next twelve months. 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 rose 13.2% in the month of July. Costco Wholesale stock climbed by 0% in the first day of trading following the news.

Press coverage about COST stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Costco Wholesale earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the retailer a news buzz of 0.0 out of 10, indicating 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 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. Currently, 1.1% of the company's shares are short sold.
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 a number of institutional and retail investors. Top institutional shareholders 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 acquired 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., Teacher Retirement System of Texas, Baskin Financial Services Inc., and Natixis Advisors 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 $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]