NASDAQ:COSTCostco Wholesale Stock Price, Forecast & News

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 9.5% and is now trading at $325.54. 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) issued its 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 earned $36.45 billion during 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%. 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 earned $1.89 EPS. View Costco Wholesale's earnings history.

Costco Wholesale announced a quarterly dividend on Wednesday, April 15th. Investors of record on Friday, May 1st will be paid a dividend of $0.70 per share on Friday, May 15th. This represents a $2.80 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Thursday, April 30th. This is a boost from Costco Wholesale's previous quarterly dividend of $0.65. View Costco Wholesale's dividend history.

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

30 brokerages have issued 1-year price targets for Costco Wholesale's shares. Their forecasts range from $230.00 to $360.00. On average, they anticipate Costco Wholesale's stock price to reach $323.00 in the next year. This suggests that the stock has a possible downside of 0.8%. View analysts' price targets for Costco Wholesale.

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

Headlines about COST stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of 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 negative five to positive five, with scores nearest to five being the most favorable. Costco Wholesale earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news headlines about the retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect 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), Five Below (FIVE), BJs Wholesale Club (BJ), 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 a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.08%), State of Alaska Department of Revenue (0.03%), Chesley Taft & Associates LLC (0.02%), DNB Asset Management AS (0.01%), Private Asset Management Inc. (0.01%) and American National Bank (0.01%). 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 Municipal Employees Retirement System of Michigan, First National Bank of Mount Dora Trust Investment Services, Clarus Wealth Advisors, Ayalon Holdings Ltd., Renaissance Investment Group LLC, Patton Fund Management Inc., Ipswich Investment Management Co. Inc., and Nexus Investment Management ULC. 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., New Capital Management LP, Consolidated Capital Management LLC, DNB Asset Management AS, Park National Corp OH, Bay Rivers Group, and Symphony Financial Ltd. Co.. 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 $325.54.

Costco Wholesale has a market capitalization of $143.73 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]