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 paid a dividend of $0.37 per share on Wednesday, May 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Tuesday, April 24th. View Fastenal's Dividend History.

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

Fastenal (NASDAQ:FAST) released its quarterly earnings data on Wednesday, April, 11th. The company reported $0.61 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.61. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. Fastenal had a net margin of 13.66% and a return on equity of 28.69%. Fastenal's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $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.

14 brokerages have issued 1-year target prices for Fastenal's stock. Their forecasts range from $46.00 to $61.00. On average, they anticipate Fastenal's share price to reach $53.6154 in the next twelve months. View Analyst Ratings for Fastenal.

Fastenal saw a drop in short interest in April. As of April 30th, there was short interest totalling 23,788,481 shares, a drop of 7.5% from the April 13th total of 25,727,917 shares. Based on an average trading volume of 3,096,339 shares, the short-interest ratio is currently 7.7 days. Currently, 8.3% of the company's stock are short sold.

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 been trending positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fastenal earned a news sentiment score of 0.33 on Accern's scale. They also gave press coverage about the company an impact score of 46.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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 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 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 $52.56.

Fastenal has a market capitalization of $15.47 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]