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. Since then, COST shares have increased by 15.0% and is now trading at $341.90.
View which stocks have been most impacted by Coronavirus.

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."
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) released its quarterly earnings results on Thursday, May, 28th. The retailer reported $1.89 EPS for the quarter, missing the Zacks' 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 return on equity of 22.60% and a net margin of 2.31%. The business's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.89 earnings per share.
View Costco Wholesale's earnings history.

Costco Wholesale announced a quarterly dividend on Wednesday, July 15th. Investors 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 dividend yield of 0.82%. The ex-dividend date is Thursday, July 30th.
View Costco Wholesale's dividend history.

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

31 equities research analysts have issued 12 month price targets for Costco Wholesale's shares. Their forecasts range from $230.00 to $390.00. On average, they expect Costco Wholesale's share price to reach $333.96 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts' price targets for Costco Wholesale.

Costco Wholesale same-store sales increased by 13.2% in the month of July. Costco Wholesale stock climbed by 0% in the first day of trading following the news.

Media headlines about COST stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Costco Wholesale earned a media sentiment score of 2.1 on InfoTrie's scale. They also gave headlines about the retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
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 retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (0.88%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Principal Financial Group Inc. (0.41%), New York State Common Retirement Fund (0.24%) and Everett Harris & Co. CA (0.21%). 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, Sarasin & Partners LLP, Sumitomo Mitsui Trust Holdings Inc., Bessemer Group Inc., Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Hosking Partners LLP, and Royal London Asset Management Ltd.. 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 purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., First Trust Advisors LP, Sawgrass Asset Management LLC, Robeco Institutional Asset Management B.V., Baskin Financial Services Inc., Janney Montgomery Scott LLC, Oregon Public Employees Retirement Fund, and ProShare Advisors 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 $341.90.

Costco Wholesale has a market capitalization of $150.96 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]