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

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

Fastenal declared 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 2.83%. The ex-dividend date is Tuesday, April 24th. View Fastenal's Dividend History.

Fastenal declared that its board has authorized a stock buyback program on Wednesday, July 12th 2017, which allows the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Fastenal (NASDAQ:FAST) posted its earnings results on Wednesday, April, 11th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.61. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Fastenal had a net margin of 13.66% and a return on equity of 28.69%. The company's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous 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 equities research analysts have issued 1 year price objectives for Fastenal's shares. Their forecasts range from $46.00 to $61.00. On average, they expect 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 (FERGY), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

News headlines about FAST stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fastenal earned a daily sentiment score of 0.20 on Accern's scale. They also gave news headlines about the company an impact score of 46.10 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Fastenal's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 $52.37.

Fastenal has a market capitalization of $15.16 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]