NASDAQ:SBUXStarbucks Stock Price, Forecast & News

Starbucks' stock was trading at $68.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SBUX shares have increased by 9.1% and is now trading at $74.29. View which stocks have been most impacted by Coronavirus.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 17 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Starbucks.

Starbucks is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Starbucks.

Starbucks Co. (NASDAQ:SBUX) posted its quarterly earnings results on Tuesday, April, 28th. The coffee company reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.02. The coffee company had revenue of $6 billion for the quarter, compared to the consensus estimate of $5.85 billion. Starbucks had a negative return on equity of 50.19% and a net margin of 12.71%. The business's quarterly revenue was down 4.9% on a year-over-year basis. During the same period last year, the business earned $0.60 earnings per share. View Starbucks' earnings history.

Starbucks declared a quarterly dividend on Wednesday, June 24th. Shareholders of record on Friday, August 7th will be given a dividend of $0.41 per share on Friday, August 21st. This represents a $1.64 annualized dividend and a yield of 2.21%. The ex-dividend date is Thursday, August 6th. View Starbucks' dividend history.

Starbucks shares split on the morning of Thursday, April 9th 2015. The 2-1 split was announced on Wednesday, March 18th 2015. The newly issued shares were payable 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.

Starbucks updated its third quarter 2020 Pre-Market earnings guidance on Wednesday, June, 10th. The company provided earnings per share (EPS) guidance of -0.7--0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.16.

30 Wall Street analysts have issued 1-year price objectives for Starbucks' shares. Their forecasts range from $65.00 to $100.00. On average, they expect Starbucks' stock price to reach $82.42 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View analysts' price targets for Starbucks.

Headlines about SBUX stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Starbucks earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned news coverage about the coffee company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Starbucks.

Starbucks saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 17,440,000 shares, a drop of 14.7% from the June 15th total of 20,450,000 shares. Based on an average daily volume of 12,650,000 shares, the short-interest ratio is currently 1.4 days. Currently, 1.5% of the company's stock are sold short. View Starbucks' Current Options Chain.

Some companies that are related to Starbucks include Mcdonald's (MCD), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN) and Dine Brands Global (DIN). View all competitors.

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

Starbucks trades on the NASDAQ under the ticker symbol "SBUX."

Starbucks' stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.18%), Confluence Investment Management LLC (0.07%), Riverbridge Partners LLC (0.07%), Clarius Group LLC (0.04%), Capital Investment Services of America Inc. (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Starbucks stock include Clifford Burrows, Javier G Teruel, Jill Walker, John Culver, Kevin R Johnson, Lucy Lee Helm, Myron E Ullman III, Rosalind G Brewer and Vivek C Varma. View institutional ownership trends for Starbucks.

SBUX stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Gradient Investments LLC, TrimTabs Asset Management LLC, LGT Capital Partners LTD., Ipswich Investment Management Co. Inc., Stonebridge Capital Management Inc., Mount Yale Investment Advisors LLC, and Norway Savings Bank. Company insiders that have sold Starbucks company stock in the last year include Javier G Teruel, Jill Walker, Kevin R Johnson, Lucy Lee Helm, Myron E Ullman III, and Vivek C Varma. View insider buying and selling activity for Starbucks.

SBUX stock was purchased by a variety of institutional investors in the last quarter, including Clarius Group LLC, Envestnet Asset Management Inc., Whittier Trust Co., Whittier Trust Co. of Nevada Inc., Renaissance Investment Group LLC, S.E.E.D. Planning Group LLC, Chemung Canal Trust Co., and Canandaigua National Corp. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SBUX stock can currently be purchased for approximately $74.29.

Starbucks has a market capitalization of $86.79 billion and generates $26.51 billion in revenue each year. The coffee company earns $3.60 billion in net income (profit) each year or $2.83 on an earnings per share basis. Starbucks employs 346,000 workers across the globe.

The official website for Starbucks is www.starbucks.com.

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]