Starbucks - SBUX Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last twelve months. There are currently 13 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SBUX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBUX, but not buy additional shares or sell existing shares.
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23 brokerages have issued 12-month price targets for Starbucks' shares. Their SBUX share price forecasts range from $87.00 to $130.00. On average, they anticipate the company's stock price to reach $100.26 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
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Starbucks' stock was trading at $116.97 at the beginning of the year. Since then, SBUX shares have decreased by 11.5% and is now trading at $103.55.
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Starbucks saw a increase in short interest in November. As of November 15th, there was short interest totaling 15,130,000 shares, an increase of 15.6% from the October 31st total of 13,090,000 shares. Based on an average daily trading volume, of 8,130,000 shares, the short-interest ratio is currently 1.9 days. Currently, 1.4% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our SBUX earnings forecast.

Starbucks Co. (NASDAQ:SBUX) announced its quarterly earnings data on Thursday, November, 3rd. The coffee company reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.08. The coffee company earned $8.41 billion during the quarter, compared to analysts' expectations of $8.43 billion. Starbucks had a net margin of 10.18% and a negative trailing twelve-month return on equity of 39.85%.

Starbucks declared a quarterly dividend on Wednesday, November 30th. Investors of record on Friday, February 10th will be given a dividend of $0.53 per share on Friday, February 24th. This represents a $2.12 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, February 9th.
Read our dividend analysis for SBUX.

Starbucks (NASDAQ:SBUX) pays an annual dividend of $2.12 per share and currently has a dividend yield of 2.02%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 75.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SBUX will have a dividend payout ratio of 53.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBUX.

Shares of Starbucks 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 issued 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.

Starbucks updated its FY 2023 earnings guidance on Friday, November, 18th. The company provided earnings per share (EPS) guidance of $3.40-$3.40 for the period, compared to the consensus EPS estimate of $3.34. The company issued revenue guidance of $35.48 billion-$36.12 billion, compared to the consensus revenue estimate of $35.82 billion.

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.

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).

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

Starbucks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.05%), BlackRock Inc. (6.41%), State Street Corp (3.91%), Bank of New York Mellon Corp (0.85%), Fisher Asset Management LLC (0.84%) and Alliancebernstein L.P. (0.53%). Insiders that own company stock include Angela Lis, Clara Shih, Gina Woods, Howard D Schultz, Javier G Teruel, Jill Walker, John Culver, Joshua Cooper Ramo, Kevin R Johnson, Kevin R Johnson, Lucy Lee Helm, Mellody L Hobson, Michael Aaron Conway, Myron E Ullman III, Myron E Ullman III, Rachel A Gonzalez and Zabrina Jenkins.
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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.
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One share of SBUX stock can currently be purchased for approximately $103.55.

Starbucks (NASDAQ:SBUX) has a market capitalization of $118.85 billion and generates $32.25 billion in revenue each year. The coffee company earns $3.28 billion in net income (profit) each year or $2.82 on an earnings per share basis.

The company employs 402,000 workers across the globe.

Starbucks' mailing address is 2401 UTAH AVENUE SOUTH, SEATTLE WA, 98134. The official website for the company is www.starbucks.com. The coffee company can be reached via phone at (206) 447-1575, via email at investorrelations@starbucks.com, or via fax at 206-318-3432.