NASDAQ:FAST - Fastenal Stock Price, Price Target & More

Fastenal trades on the NASDAQ under the ticker symbol "FAST."

Fastenal announced a quarterly dividend on Tuesday, April 10th. Stockholders of record on Wednesday, April 25th will be given a dividend of $0.37 per share on Wednesday, May 23rd. This represents a $1.48 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Tuesday, April 24th. View Fastenal's Dividend History.

Fastenal announced that its board has initiated a stock repurchase program on Wednesday, July 12th 2017, which authorizes the company to repurchase 5,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

Fastenal (NASDAQ:FAST) announced its quarterly earnings results on Wednesday, April, 11th. The company reported $0.61 EPS for the quarter, meeting analysts' consensus estimates of $0.61. The firm earned $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Fastenal had a net margin of 13.66% and a return on equity of 28.69%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 EPS. View Fastenal's Earnings History.

Fastenal is scheduled to release their next quarterly earnings announcement on Wednesday, July, 11th 2018. View Earnings Estimates for Fastenal.

12 brokerages have issued 1 year price targets for Fastenal's stock. Their forecasts range from $46.00 to $61.00. On average, they anticipate Fastenal's share price to reach $54.1818 in the next twelve months. View Analyst Ratings for Fastenal.

Some companies that are related to Fastenal include Sherwin-Williams (SHW), Ferguson (FERGD), Ferguson (FERGY), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

Media stories about FAST stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fastenal earned a news sentiment score of 0.11 on Accern's scale. They also assigned media headlines about the company an impact score of 45.24 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Fastenal's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.62%), JPMorgan Chase & Co. (3.42%), OppenheimerFunds Inc. (1.87%), Bares Capital Management Inc. (1.30%), Northern Trust Corp (1.16%) and Blair William & Co. IL (0.88%). Company insiders that own Fastenal stock include Charles S Miller, Daniel L Johnson, Darren R Jackson, Gary A Polipnick, Holden Lewis, James C Jansen, Leland J Hein, Michael J Ancius, Michael John Dolan, Reyne K Wisecup, Stephen L Eastman, Terry Modock Owen, Willard D Oberton and William Joseph Drazkowski. View Institutional Ownership Trends for Fastenal.

FAST stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Point72 Asset Management L.P., Old Mutual Global Investors UK Ltd., Blair William & Co. IL, Element Capital Management LLC, Victory Capital Management Inc., The Manufacturers Life Insurance Company and Envestnet Asset Management Inc.. Company insiders that have sold Fastenal company stock in the last year include Charles S Miller, Gary A Polipnick, James C Jansen, Leland J Hein, Michael John Dolan, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

FAST stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., OppenheimerFunds Inc., Lord Abbett & CO. LLC, Select Equity Group L.P., Schwab Charles Investment Management Inc., River Road Asset Management LLC and Tikehau Investment Management. Company insiders that have bought Fastenal stock in the last two years include Daniel L Johnson, Darren R Jackson, Holden Lewis, Michael J Ancius, Stephen L Eastman, Terry Modock Owen and William Joseph Drazkowski. View Insider Buying and Selling for Fastenal.

Shares of FAST 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, Scottrade, Fidelity and Charles Schwab.

One share of FAST stock can currently be purchased for approximately $50.59.

Fastenal has a market capitalization of $14.55 billion and generates $4.39 billion in revenue each year. The company earns $578.60 million in net income (profit) each year or $1.93 on an earnings per share basis. Fastenal employs 20,565 workers across the globe.

Fastenal's mailing address is 2001 THEURER BLVD, WINONA MN, 55987. The company can be reached via phone at 507-454-5374 or via email at [email protected]