NASDAQ:PSMT - PriceSmart Stock Price, Forecast & News

PriceSmart trades on the NASDAQ under the ticker symbol "PSMT."

PriceSmart announced a semiannual dividend on Friday, February 1st. Shareholders of record on Friday, February 15th will be paid a dividend of $0.35 per share on Thursday, February 28th. This represents a yield of 1.15%. The ex-dividend date of this dividend is Thursday, February 14th. View PriceSmart's Dividend History.

PriceSmart, Inc. (NASDAQ:PSMT) posted its quarterly earnings results on Thursday, January, 9th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $811.94 million for the quarter, compared to analyst estimates of $827.30 million. PriceSmart had a return on equity of 10.58% and a net margin of 2.40%. The firm's quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $0.74 EPS. View PriceSmart's Earnings History.

PriceSmart is scheduled to release their next quarterly earnings announcement on Tuesday, April 14th 2020. View Earnings Estimates for PriceSmart.

1 Wall Street analysts have issued 12 month price objectives for PriceSmart's stock. Their forecasts range from $61.70 to $61.70. On average, they expect PriceSmart's share price to reach $61.70 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for PriceSmart.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PriceSmart.

PriceSmart same store sales dropped 0.1% during the month of December. PriceSmart stock climbed by 0% in the first day of trading following the news.

News stories about PSMT stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PriceSmart earned a news sentiment score of -4.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for PriceSmart.

PriceSmart saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 715,100 shares, a decline of 15.4% from the December 31st total of 845,600 shares. Based on an average daily trading volume, of 191,000 shares, the short-interest ratio is presently 3.7 days. Currently, 3.5% of the company's shares are sold short. View PriceSmart's Current Options Chain.

Some companies that are related to PriceSmart include Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

Based on aggregate information from My MarketBeat watchlists, some companies that other PriceSmart investors own include NVIDIA (NVDA), salesforce.com (CRM), AbbVie (ABBV), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Target (TGT), UnitedHealth Group (UNH), Starbucks (SBUX) and Bank of America (BAC).

PriceSmart's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Genesis Investment Management LLP (1.20%), Marathon Asset Management LLP (0.98%), State of Alaska Department of Revenue (0.05%), Strs Ohio (0.04%), Louisiana State Employees Retirement System (0.02%) and Janney Montgomery Scott LLC (0.01%). Company insiders that own PriceSmart stock include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Jose Luis Laparte, Mitchell G Lynn, Philanthropies Foundatio Price, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui and William J Naylon. View Institutional Ownership Trends for PriceSmart.

PSMT stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP and State of Alaska Department of Revenue. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Mitchell G Lynn, Philanthropies Foundatio Price, Robert E Price, Sherry S Bahrambeygui and William J Naylon. View Insider Buying and Selling for PriceSmart.

PSMT stock was purchased by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Strs Ohio, Louisiana State Employees Retirement System, Janney Montgomery Scott LLC and Squar Milner Financial Services LLC. View Insider Buying and Selling for PriceSmart.

Shares of PSMT 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 PSMT stock can currently be purchased for approximately $62.76.

PriceSmart has a market capitalization of $1.92 billion and generates $3.22 billion in revenue each year. PriceSmart employs 9,000 workers across the globe.View Additional Information About PriceSmart.

The official website for PriceSmart is http://www.pricesmart.com/.

PriceSmart's mailing address is 9740 SCRANTON ROAD, SAN DIEGO CA, 92121. The company can be reached via phone at 858-404-8800 or via email at [email protected]