Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, iced tea, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Tazo, Seattle's Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Reserve, Princi, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of April 25, 2019, the company operated approximately 30,000 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.
Industry, Sector and Symbol
Industry Eating & drinking places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Phone206-447-1575
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$24.72 billion
Profitability
Miscellaneous
Employees291,000
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable
Starbucks (NASDAQ:SBUX) Frequently Asked Questions
What is Starbucks' stock symbol?
Starbucks trades on the NASDAQ under the ticker symbol "SBUX."
How often does Starbucks pay dividends? What is the dividend yield for Starbucks?
Starbucks declared a quarterly dividend on Thursday, April 25th. Stockholders of record on Thursday, May 9th will be given a dividend of $0.36 per share on Friday, May 24th. This represents a $1.44 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Wednesday, May 8th. View Starbucks' Dividend History.
When did Starbucks' stock split? How did Starbucks' stock split work?
Starbucks shares split before market open on Thursday, April 9th 2015. The 2-1 split was announced on Wednesday, March 18th 2015. The newly issued shares were distributed to shareholders after the market closes on Wednesday, April 8th 2015. An investor that had 100 shares of Starbucks stock prior to the split would have 200 shares after the split.
How will Starbucks' stock buyback program work?
Starbucks declared that its board has authorized a stock repurchase program on Thursday, April 26th 2018, which permits the company to buyback 0 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.
How were Starbucks' earnings last quarter?
Starbucks Co. (NASDAQ:SBUX) announced its quarterly earnings data on Thursday, April, 25th. The coffee company reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.04. The coffee company earned $6.31 billion during the quarter, compared to analysts' expectations of $6.33 billion. Starbucks had a net margin of 11.87% and a negative return on equity of 494.61%. The company's revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company posted $0.53 EPS. View Starbucks' Earnings History.
When is Starbucks' next earnings date?
What guidance has Starbucks issued on next quarter's earnings?
Starbucks updated its FY19 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $2.75-2.79 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.73. Starbucks also updated its FY 2019 guidance to $2.75-2.79 EPS.
What price target have analysts set for SBUX?
25 brokerages have issued 12-month price objectives for Starbucks' shares. Their forecasts range from $48.00 to $90.00. On average, they expect Starbucks' stock price to reach $73.40 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Starbucks.
What is the consensus analysts' recommendation for Starbucks?
25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 1 sell rating, 12 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Starbucks.
Has Starbucks been receiving favorable news coverage?
News stories about SBUX stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news 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. Starbucks earned a news impact score of -2.0 on InfoTrie's scale. They also gave headlines about the coffee company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the immediate future.
Are investors shorting Starbucks?
Starbucks saw a decrease in short interest in the month of April. As of April 30th, there was short interest totalling 21,325,360 shares, a decrease of 26.4% from the April 15th total of 28,955,229 shares. Based on an average daily volume of 8,027,719 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.8% of the shares of the stock are sold short. View Starbucks' Current Options Chain.
Who are some of Starbucks' key competitors?
What other stocks do shareholders of Starbucks own?
Who are Starbucks' key executives?
Starbucks' management team includes the folowing people:
- Mr. Kevin R. Johnson, CEO, Pres & Director (Age 58)
- Mr. Howard D. Schultz, Founder & Chairman Emeritus (Age 66)
- Ms. Rosalind Gates Brewer, COO, Group Pres of Americas & Director (Age 57)
- Mr. Clifford Burrows, Group Pres of Siren Retail (Age 60)
- Mr. John Culver, Group Pres of International, Channel Devel. and Global Coffee & Tea (Age 59)
Who are Starbucks' major shareholders?
Starbucks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.77%), Magellan Asset Management Ltd (2.54%), Morgan Stanley (1.82%), Northern Trust Corp (1.69%), Geode Capital Management LLC (1.49%) and Loomis Sayles & Co. L P (1.36%). Company insiders that own Starbucks stock include Clifford Burrows, Craig Weatherup, Howard D Schultz, Javier G Teruel, John Culver, Jorgen Vig Knudstorp, Joshua Cooper Ramo, Myron E Ullman III, Paul Mutty, Rosalind G Brewer and Vivek C Varma. View Institutional Ownership Trends for Starbucks.
Which major investors are selling Starbucks stock?
SBUX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Wellington Management Group LLP, Parnassus Investments CA, Janus Henderson Group PLC, Fiera Capital Corp, Scharf Investments LLC, American Century Companies Inc. and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Starbucks company stock in the last year include Clifford Burrows, Javier G Teruel, John Culver, Myron E Ullman III and Vivek C Varma. View Insider Buying and Selling for Starbucks.
Which major investors are buying Starbucks stock?
SBUX stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Man Group plc, AQR Capital Management LLC, AJO LP, FMR LLC, OppenheimerFunds Inc., Assenagon Asset Management S.A. and Cresset Asset Management LLC. Company insiders that have bought Starbucks stock in the last two years include Jorgen Vig Knudstorp and Rosalind G Brewer. View Insider Buying and Selling for Starbucks.
How do I buy shares of Starbucks?
Shares of SBUX 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.
What is Starbucks' stock price today?
One share of SBUX stock can currently be purchased for approximately $76.15.
How big of a company is Starbucks?
Starbucks has a market capitalization of $92.23 billion and generates $24.72 billion in revenue each year. The coffee company earns $4.52 billion in net income (profit) each year or $2.42 on an earnings per share basis. Starbucks employs 291,000 workers across the globe.
What is Starbucks' official website?
How can I contact Starbucks?
Starbucks' mailing address is 2401 UTAH AVENUE SOUTH, SEATTLE WA, 98134. The coffee company can be reached via phone at 206-447-1575 or via email at [email protected]
MarketBeat Community Rating for Starbucks (NASDAQ SBUX)
MarketBeat's community ratings are surveys of what our community members think about Starbucks and other stocks. Vote "Outperform" if you believe SBUX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBUX will underperform the S&P 500 over the long term. You may vote once every thirty days.
