Costco Wholesale Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costco Wholesale in the last year. There are currently 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Costco Wholesale stock.
View analyst ratings for Costco Wholesale or view top-rated stocks.

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Costco Wholesale saw a increase in short interest in the month of July. As of July 30th, there was short interest totaling 5,200,000 shares, an increase of 13.5% from the July 15th total of 4,580,000 shares. Based on an average daily volume of 1,850,000 shares, the short-interest ratio is currently 2.8 days. Approximately 1.2% of the company's stock are short sold.
View Costco Wholesale's Short Interest.

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

Costco Wholesale will be holding an earnings conference call on Thursday, September 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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

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. Since then, COST shares have increased by 54.5% and is now trading at $459.51.
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Costco Wholesale announced a quarterly dividend on Tuesday, July 13th. Investors of record on Friday, July 30th will be given a dividend of $0.79 per share on Friday, August 13th. This represents a $3.16 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Thursday, July 29th.
View Costco Wholesale's dividend history.

Costco Wholesale pays an annual dividend of $3.16 per share and currently has a dividend yield of 0.68%. 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 27.48% next year. This indicates that Costco Wholesale will be able to sustain or increase its dividend.
View Costco Wholesale's dividend history.

21 brokers have issued twelve-month price objectives for Costco Wholesale's stock. Their forecasts range from $360.00 to $525.00. On average, they expect Costco Wholesale's share price to reach $440.95 in the next year. This suggests that the stock has a possible downside of 4.0%.
View analysts' price targets for Costco Wholesale or view top-rated stocks among Wall Street analysts.

Costco Wholesale same-store sales increased by 14.2% in the month of August. Costco Wholesale shares climbed by 0% in the first full-day of trading following the report.

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.

Some companies that are related to Costco Wholesale include Walmart (WMT), Target (TGT), Wal-Mart de México (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUEM), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all of COST's competitors.

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).

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 investors include Vanguard Group Inc. (8.37%), BlackRock Inc. (6.78%), State Street Corp (3.79%), FMR LLC (2.55%), Geode Capital Management LLC (1.57%) and Morgan Stanley (1.40%). Company insiders that own Costco Wholesale stock include Daniel M Hines, James C Klauer, James C Klauer, James P Murphy, Joseph P Portera, Kenneth D Denman, Patrick J Callans, 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.

COST stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, Citadel Advisors LLC, Parallax Volatility Advisers L.P., Wolverine Trading LLC, Principal Financial Group Inc., Wells Fargo & Company MN, Jennison Associates LLC, and Marshall Wace North America L.P.. Company insiders that have sold Costco Wholesale company stock in the last year include James C Klauer, Joseph P Portera, Kenneth D Denman, Patrick J Callans, Paul G Moulton, Richard A Galanti, Roland Michael Vachris, Russell D Miller, Susan L Decker, and Timothy L Rose.
View insider buying and selling activity for Costco Wholesale or view top insider-selling stocks.

COST stock was acquired by a variety of institutional investors in the last quarter, including Amundi, California Public Employees Retirement System, Bank of New York Mellon Corp, Cpwm LLC, Canada Pension Plan Investment Board, Macquarie Group Ltd., Comgest Global Investors S.A.S., and Bank of Montreal Can.
View insider buying and selling activity for Costco Wholesale or or view top insider-buying stocks.

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.
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One share of COST stock can currently be purchased for approximately $459.51.

Costco Wholesale has a market capitalization of $203.14 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.

Costco Wholesale employs 273,000 workers across the globe.

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.

Costco Wholesale was founded in 1983.

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

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

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].