Should I buy or sell Starbucks stock right now?

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last twelve months. There are currently 10 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SBUX shares. View SBUX analyst ratings or view top-rated stocks .

What is Starbucks' stock price target for 2024?

22 Wall Street research analysts have issued twelve-month price objectives for Starbucks' shares. Their SBUX share price targets range from $100.00 to $150.00. On average, they predict the company's share price to reach $114.52 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View analysts price targets for SBUX or view top-rated stocks among Wall Street analysts .

How have SBUX shares performed in 2023?

Starbucks' stock was trading at $99.20 at the start of the year. Since then, SBUX shares have decreased by 2.6% and is now trading at $96.61. View the best growth stocks for 2023 here .

When is Starbucks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our SBUX earnings forecast .

How were Starbucks' earnings last quarter?

Starbucks Co. (NASDAQ:SBUX) issued its earnings results on Thursday, November, 2nd. The coffee company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.09. The coffee company had revenue of $9.37 billion for the quarter, compared to analysts' expectations of $9.29 billion. Starbucks had a negative trailing twelve-month return on equity of 48.79% and a net margin of 11.47%. The business's quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. Read the conference call transcript .

How often does Starbucks pay dividends? What is the dividend yield for Starbucks?

Starbucks announced a quarterly dividend on Friday, December 1st. Shareholders of record on Friday, February 9th will be paid a dividend of $0.57 per share on Friday, February 23rd. This represents a $2.28 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Thursday, February 8th. Read our dividend analysis for SBUX .

Is Starbucks a good dividend stock?

Starbucks (NASDAQ:SBUX) pays an annual dividend of $2.28 per share and currently has a dividend yield of 2.35%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBUX will have a dividend payout ratio of 47.20% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBUX .

What ETFs hold Starbucks' stock?

ETFs with the largest weight of Starbucks (NASDAQ:SBUX) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ) , Monarch Blue Chips Core ETF (MBCC) , Consumer Discretionary Select Sector SPDR Fund (XLY) , Democratic Large Cap Core ETF (DEMZ) , Alpha Dog ETF (RUFF) , Motley Fool Global Opportunities ETF (TMFG) , AI Quality Growth ETF (AQGX) and Daily Consumer Discretionary Bull 3X (WANT) .

When did Starbucks' stock split?

Starbucks shares split before market open on Thursday, April 9th 2015. The 2-1 split was announced on Wednesday, March 18th 2015. The newly created shares were payable to shareholders after the closing bell on Wednesday, April 8th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Kevin Johnson's approval rating as Starbucks' CEO?

6,005 employees have rated Starbucks Chief Executive Officer Kevin Johnson on Glassdoor.com . Kevin Johnson has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Starbucks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Starbucks investors own include Walt Disney (DIS) , NVIDIA (NVDA) , Netflix (NFLX) , Alibaba Group (BABA) , Cisco Systems (CSCO) , Tesla (TSLA) , Home Depot (HD) , Intel (INTC) , Visa (V) and Bank of America (BAC) .

Who are Starbucks' major shareholders?

Starbucks' stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (1.88%), Northern Trust Corp (1.33%), Invesco Ltd. (0.92%), Charles Schwab Investment Management Inc. (0.87%), Bank of New York Mellon Corp (0.83%) and Loomis Sayles & Co. L P (0.76%). Insiders that own company stock include Angela Lis , Clara Shih , Gina Woods , Howard D Schultz , John Culver , Kevin R Johnson, Kevin R Johnson , Mellody L Hobson, Michael Aaron Conway , Rachel A Gonzalez , Rachel Ruggeri , Sara Kelly and Zabrina Jenkins. View institutional ownership trends .

How do I buy shares of Starbucks?

Shares of SBUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Starbucks have any subsidiaries?

The following companies are subsidiares of Starbucks: AmRest Coffee Sp. z o. o., AmRest Coffee s.r.o., AmRest Kavezo Kft., Association Centro de Assessoria e Suporte da Starbucks Brazil, Bay Bread LLC, Beijing Starbucks Coffee Co. Ltd., CHH Cafe LLC, CHH Holdings of Texas LLC, Centro de Apoyo al Productor de Starbucks Guatemala Limitada, Chengdu Starbucks Coffee Company Limited, Coffee Concepts (Southern China) Limited, Coffee House Holdings Inc., Coffee Partners Co. Ltd., Conifer Ventures Limited, Corporacion Starbucks Farmer Support Center Colombia, Emerald City C.V., Ethos Brands LLC, Evolution Fresh, Evolution Fresh Inc., Farmer Support Center Asociacion Civil, Guangdong Starbucks Coffee Company Limited, High Grown Investment Group (Hong Kong) Ltd., Holding Company International Limited, Hubei Starbucks Coffee Company Limited, Koffee Sirena LLC, La Boulange, North American Coffee Partnership, Olympic Casualty Insurance Company, Pasqua Inc., Princi Global Limited, Qingdao American Starbucks Coffee Company Limited, SBI Nevada Inc., SCC Innoventure L.P., SCI Europe I LLC, SCI Europe II LLC, SCI Investment Inc., SR Holdings Corporation, SR2 Holdings Corporation, Seastar Colombia Supply Company S.A.S., Seattle Coffee Company, Seattle’s Best Coffee LLC, Shanghai Starbucks Coffee Enterprise Co. Ltd., Shaya Coffee Limited, Siren Retail Corporation, Starbucks (China) Company Limited, Starbucks (Kunshan) Coffee Co. Ltd., Starbucks (Shanghai) Coffee Company Limited, Starbucks (Shanghai) Supply Chain Co. Ltd., Starbucks (Shanghai) Trade Company Limited, Starbucks AINI Coffee (Yunnan) Company Limited, Starbucks Asia Pacific Investment Holding II Limited, Starbucks Asia Pacific Investment Holding III Limited, Starbucks Asia Pacific Investment Holding Limited, Starbucks Capital Asset Leasing Company LLC, Starbucks Card Europe Limited, Starbucks Coffee (Cayman) Holdings Ltd., Starbucks Coffee (Dalian) Company Limited, Starbucks Coffee (Liaoning) Company Limited, Starbucks Coffee (Shenzhen) Company Limited, Starbucks Coffee Agronomy Company S.R.L., Starbucks Coffee Asia Pacific Limited, Starbucks Coffee Austria GmbH, Starbucks Coffee Canada Inc., Starbucks Coffee Company (Australia) Pty Ltd, Starbucks Coffee Company (UK) Limited, Starbucks Coffee Development (Yunnan) Company Limited, Starbucks Coffee EMEA B.V., Starbucks Coffee Holdings (UK) Limited, Starbucks Coffee International Inc., Starbucks Coffee Japan Ltd., Starbucks Coffee Switzerland GmbH, Starbucks Coffee Trading Company Sarl, Starbucks EMEA Holdings Ltd, Starbucks EMEA Investment Ltd, Starbucks EMEA Ltd, Starbucks Farmer Support Center Rwanda Ltd, Starbucks Farmer Support Center Tanzania Limited, Starbucks Holding Company, Starbucks Holding Company Pte. Ltd., Starbucks International (Holdings) Ltd, Starbucks Italy S.r.l., Starbucks Manufacturing Corporation, Starbucks Manufacturing EMEA B.V., Starbucks New Venture Company, Starbucks Singapore Investment Pte. Ltd., Starbucks Switzerland Austria Holdings B.V., Starbucks Trading G.K., Tata Starbucks Private Limited, Tazo L.L.C., Teavana, Teavana Puerto Rico LLC, The New French Bakery Inc., Torrefazione Italia LLC, Tympanum Inc., Xingran (Shanghai) Investment Partnership, and Xi’an Starbucks Coffee Company Limited. Read More

Starbucks Stock Price, News & Analysis (NASDAQ:SBUX)

$96.61

+0.17 (+0.18%)

(As of 12/8/2023 ET)

Compare

Today's Range: $95.81
▼
$96.86
50-Day Range: $89.48
▼
$107.21
52-Week Range: $89.21
▼
$115.48

Volume: 7.13 million shs
Average Volume: 8.18 million shs
Market Capitalization: $109.82 billion

P/E Ratio: 26.99
Dividend Yield: 2.36%
Price Target: $114.52

Starbucks MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 18.5% Upside
$114.52 Price Target
Short Interest: Healthy
1.02% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.84
Upright™ Environmental Score
News Sentiment: 0.34
Based on 54 Articles This Week
Insider Trading: Selling Shares
$760,370 Sold Last Quarter
Proj. Earnings Growth: 16.67%
From $4.14 to $4.83 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.93 out of 5 stars

Retail/Wholesale Sector

9th out of 194 stocks

Eating & Drinking Places Industry

1st out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Starbucks has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 12 buy ratings, 10 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $114.52, Starbucks has a forecasted upside of 18.5% from its current price of $96.61.
Amount of Analyst Coverage
Starbucks has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.02% of the float of Starbucks has been sold short.
Short Interest Ratio / Days to Cover
Starbucks has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Starbucks has recently increased by 9.60%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Starbucks pays a meaningful dividend of 2.35%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Starbucks has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Starbucks is 63.69%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Starbucks will have a dividend payout ratio of 47.20% next year. This indicates that Starbucks will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Starbucks has received a -6.83% net impact score from Upright. The largest negative impact of Starbucks in category "Physical diseases" seems to be driven mostly by its "Cold coffee drinks with added sugar", "Sugar-sweetened soft drinks", and "Sweet baked goods" products. See details.
Environmental Sustainability
The Environmental Impact score for Starbucks is -1.84.

3.0

News and Social Media Coverage

News Sentiment
Starbucks has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 54 news articles for Starbucks this week, compared to 26 articles on an average week.
Search Interest
91 people have searched for SBUX on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.
MarketBeat Follows
56 people have added Starbucks to their MarketBeat watchlist in the last 30 days. This is an increase of 87% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Starbucks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $760,370.00 in company stock.
Percentage Held by Insiders
Only 1.98% of the stock of Starbucks is held by insiders.
Percentage Held by Institutions
70.13% of the stock of Starbucks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Starbucks are expected to grow by 16.67% in the coming year, from $4.14 to $4.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Starbucks is 26.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Starbucks is 26.99, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.49.
Price to Earnings Growth Ratio
Starbucks has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About Starbucks Stock (NASDAQ:SBUX)

Starbucks Corporation is a renowned roaster, marketer and retailer of specialty coffee with over 36,000 stores across 80 countries. Founded in 1971, the company comprises three segments: North America, international and channel development. Starbucks has achieved tremendous success since its inception by becoming the largest coffeehouse company in the world.

In 1971, three business partners — Jerry Baldwin, Zev Siegl and Gordon Bowker — pursued their dream of selling high-quality coffee beans and equipment, inspired by roasting coffee entrepreneur Alfred Peet. By 1986, the team had opened six stores in the Seattle area and had begun to sell espresso coffee. The following year, the original owners sold the Starbucks chain to former director of marketing Howard Schultz. By 1989, Starbucks had expanded to 46 stores across the Pacific Northwest and Midwest and reported annual revenue of $73.5 million.

Notable acquisitions include The Coffee Connection, Circadia, Seattle's Best Coffee, Torrefazione Italia, Diedrich Coffee and Coffee People. In 2017, Kevin Johnson succeeded Howard Schultz, and Schultz returned as CEO in April 2022.

Starbucks offers an extensive selection of hot and cold drinks, espresso, caffe latte, whole-bean coffee, micro-ground instant coffee, juices, Frappuccino beverages, full and loose-leaf teas, pastries and snacks. It operates six roasteries with tasting rooms and 43 coffee bars within the Starbucks Reserve program.

In 2008, Starbucks encountered some challenges with the announcement of 600 underperforming store closures and the halting of U.S. expansion. An additional 300 stores and a layoff of 7,000 people occurred in 2009. In 2014, Starbucks changed its strategy and shifted from a cookie-cutter approach to branding that was the same worldwide to one focused on local customization for each store. To further invest in the Chinese market, Starbucks acquired the remaining 50% stake of its joint venture from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC) for $1.3 billion.

The COVID-19 pandemic resulted in a 10% sales decrease due to lockdowns and a 50% decrease in China and closed all café-only stores in the United States for two weeks in March. It announced in 2019 that it would close 400 locations in the U.S./Canada regions.

In 2021, Starbucks was striving to regain its footing, with workers in Buffalo, New York, attempting to unionize and the company facing accusations of illegally discriminating against unionized workers by refusing them wage and benefit increases. The company is also working to address the racial bias issues it has experienced, such as the 2008 discrimination suit and the 2018 incident in Philadelphia.

Starbucks has committed to providing an unparalleled customer experience, impressive growth and expansion and continued efforts to address systemic racism and promote equity. With the return of CEO Howard Schultz, the company plans to increase its store count to about 55,000 by 2030.

SBUX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBUX Stock News Headlines

December 9, 2023 | marketbeat.com

MarketBeat Week in Review – 12/4 - 12/8 (SBUX)

Stocks finished in the green to close the week; investors believe the jobs report will allow the Fed to leave interest rates unchanged when they meet next week

December 7, 2023 | marketbeat.com

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You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 6, 2023 | marketbeat.com

Grab Starbucks on the dip before coffee futures fall

Starbucks stock just became a dip buying opportunity, as the decline is driven not by a sector issue, but by a fundamental cycle swing in the price of coffee

December 4, 2023 | marketbeat.com

Doing Your Holiday Shopping? These Stocks Might Make Great Gifts (SBUX)

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November 28, 2023 | marketbeat.com

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November 24, 2023 | marketbeat.com

What Me Worry? Consumer stocks surge despite high inflation (SBUX)

Despite inflation and recession worries, consumer discretionary stocks, driven by sectors like apparel, restaurants and travel, outpaced expectations in 2023

December 9, 2023 | finance.yahoo.com

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December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 8, 2023 | msn.com

Starbucks says it's now committed to reaching a deal with workers union — in a major reversal after 2 years of fighting

December 8, 2023 | markets.businessinsider.com

Starbucks Seeks To Resume Contract Union Talks In January

December 8, 2023 | msn.com

Starbucks says it is ready to restart union negotiations in 2024

December 8, 2023 | cnbc.com

Starbucks tells union it wants to resume contract talks in January

December 8, 2023 | msn.com

Starbucks lost $11 billion in market value in two weeks. Did pro-Palestinian boycotts play a role?

December 8, 2023 | nytimes.com

Starbucks Tells Union It Wants to Resume Contract Talks