NASDAQ:COSTCostco 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 shares have increased by 10.3% and is now trading at $328.00. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Costco Wholesale.

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 data on Thursday, May, 28th. The retailer reported $1.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.92 by $0.03. The retailer had revenue of $36.45 billion for the quarter, compared to analysts' expectations of $36.66 billion. Costco Wholesale had a net margin of 2.31% and a return on equity of 22.60%. Costco Wholesale's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the business earned $1.89 earnings per share. View Costco Wholesale's earnings history.

Costco Wholesale announced a quarterly dividend on Wednesday, July 15th. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.85%. View Costco Wholesale's dividend history.

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

30 Wall Street analysts have issued 1 year price targets for Costco Wholesale's shares. Their forecasts range from $230.00 to $375.00. On average, they anticipate Costco Wholesale's share price to reach $326.70 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts' price targets for Costco Wholesale.

Costco Wholesale same-store sales increased by 11.5% during the month of June. Costco Wholesale stock rose by 0% in the first full-day of trading following the report.

Media coverage about COST stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Costco Wholesale earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the retailer a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Costco Wholesale.

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), BJs Wholesale Club (BJ), Five Below (FIVE), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ). View all competitors.

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), Tesla (TSLA) and Walmart (WMT).

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

Costco Wholesale's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.08%), Gateway Investment Advisers LLC (0.04%), Hexavest Inc. (0.04%), AMI Asset Management Corp (0.03%), State of Alaska Department of Revenue (0.03%) and Welch & Forbes LLC (0.03%). 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 Gateway Investment Advisers LLC, Polaris Greystone Financial Group LLC, Hexavest Inc., 6 Meridian, AMI Asset Management Corp, IFM Investors Pty Ltd, Municipal Employees Retirement System of Michigan, and First Citizens Bank & Trust Co.. Company insiders that have sold Costco Wholesale company stock in the last year include Daniel M Hines, 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Exchange Traded Concepts LLC, Envestnet Asset Management Inc., Defender Capital LLC., New Capital Management LP, Exane Derivatives, Consolidated Capital Management LLC, and Welch & Forbes LLC. 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 $328.00.

Costco Wholesale has a market capitalization of $144.82 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]