NASDAQ:PSMT - PriceSmart Stock Price, Forecast & News

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

PriceSmart announced a semi-annual dividend on Tuesday, February 11th. Investors of record on Saturday, August 15th will be paid a dividend of $0.35 per share on Monday, August 31st. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 13th. View PriceSmart's Dividend History.

PriceSmart, Inc. (NASDAQ:PSMT) released its quarterly earnings results on Thursday, January, 9th. The company reported $0.64 EPS for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.01. The business earned $811.94 million during the quarter, compared to analysts' expectations of $827.30 million. PriceSmart had a net margin of 2.40% and a return on equity of 10.58%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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 brokerages have issued 1-year target prices 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 year. This suggests a possible upside of 6.5% from the stock's current price. 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 fell 0.1% in the month of December. PriceSmart shares climbed by 0% in the first full-day of trading following the news.

News headlines about PSMT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PriceSmart earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for PriceSmart.

PriceSmart saw a decline in short interest during the month of February. As of February 14th, there was short interest totalling 753,800 shares, a decline of 20.5% from the January 30th total of 948,000 shares. Based on an average trading volume of 182,500 shares, the days-to-cover ratio is currently 4.1 days. Approximately 3.7% of the shares of the company 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 many different of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.56%), FMR LLC (3.75%), State Street Corp (2.29%), Renaissance Technologies LLC (1.57%), Genesis Investment Management LLP (1.20%) and Geode Capital Management LLC (1.05%). 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, Kayne Anderson Rudnick Investment Management LLC, Renaissance Technologies LLC, FMR LLC, Bank of Montreal Can, Bank of New York Mellon Corp, Mitsubishi UFJ Trust & Banking Corp and AXA. 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, Philanthropies Foundatio Price, Robert E Price, Sherry S Bahrambeygui and William J Naylon. View Insider Buying and Selling for PriceSmart.

PSMT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Cubist Systematic Strategies LLC, Great West Life Assurance Co. Can, Man Group plc, Mackay Shields LLC, Panagora Asset Management Inc. and Geode Capital Management 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 $57.91.

PriceSmart has a market capitalization of $1.77 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]