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

Fastenal announced that its Board of Directors has authorized a stock repurchase plan 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 purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Fastenal (NASDAQ:FAST) released its earnings results on Wednesday, April, 11th. The company reported $0.61 EPS for the quarter, hitting analysts' consensus estimates of $0.61. The company had revenue of $1.19 billion for 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 business's quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the business earned $0.46 earnings per share. 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 analysts have issued 1 year price targets for Fastenal's shares. Their forecasts range from $46.00 to $61.00. On average, they anticipate Fastenal's stock 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), Ferguson (FERGD), Tractor Supply (TSCO), Titan Cement (TITCY), GrowGeneration (GRWG) and AeroGrow International (AERO).

News articles about FAST stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by analyzing more than twenty 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 media sentiment score of 0.08 on Accern's scale. They also assigned media headlines about the company an impact score of 44.63 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Fastenal's stock is owned by a number of of retail and institutional 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 purchased 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 $14.64 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]