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 given 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) released its quarterly earnings results on Thursday, January, 9th. The company reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.01. The firm 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 business's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 earnings per share. 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 equities research analysts have issued twelve-month target prices for PriceSmart's shares. Their forecasts range from $61.70 to $61.70. On average, they expect PriceSmart's stock price to reach $61.70 in the next year. This suggests that the stock has a possible downside of 0.6%. 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 decreased by 0.1% during 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 somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PriceSmart earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for PriceSmart.

PriceSmart saw a drop in short interest in January. As of January 15th, there was short interest totalling 715,100 shares, a drop 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 shares of the stock 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 shareholders include Genesis Investment Management LLP (1.20%), Marathon Asset Management LLP (0.98%), State of Alaska Department of Revenue (0.05%), Arizona State Retirement System (0.05%), Strs Ohio (0.04%) and Louisiana State Employees Retirement System (0.02%). 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, Arizona State Retirement System, State of Alaska Department of Revenue and TCI Wealth Advisors Inc.. 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 bought 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 $62.06.

PriceSmart has a market capitalization of $1.90 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]