Starbucks Corporation Company Profile (NASDAQ:SBUX)

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

Starbucks Corporation announced a quarterly dividend on Friday, April 28th. Shareholders of record on Thursday, May 11th will be paid a dividend of $0.25 per share on Friday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Tuesday, May 9th. View Starbucks Corporation's Dividend History.

Starbucks Corporation 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 issued to shareholders after the closing bell on Wednesday, April 8th 2015. An investor that had 100 shares of Starbucks Corporation stock prior to the split would have 200 shares after the split.

Starbucks Corporation (NASDAQ:SBUX) announced its quarterly earnings data on Thursday, April, 27th. The company reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. The company had revenue of $5.29 billion for the quarter, compared to analyst estimates of $5.42 billion. Starbucks Corporation had a return on equity of 51.65% and a net margin of 13.47%. The company's revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. View Starbucks Corporation's Earnings History.

Starbucks Corporation is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for Starbucks Corporation.

Starbucks Corporation updated its fourth quarter earnings guidance on Friday, April, 28th. The company provided EPS guidance of $0.57-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.61. Starbucks Corporation also updated its Q3 guidance to $0.55-0.56 EPS.

30 analysts have issued 1-year price objectives for Starbucks Corporation's shares. Their predictions range from $54.00 to $75.00. On average, they anticipate Starbucks Corporation's share price to reach $65.07 in the next twelve months. View Analyst Ratings for Starbucks Corporation.

Here are some recent quotes from research analysts about Starbucks Corporation stock:

• 1. According to Zacks Investment Research, "Starbucks reported second-quarter fiscal 2017 results wherein it met analysts’ expectations on earnings but failed to meet the same on revenues amid persistent decline in U.S. restaurant sales. Its global comps grew at a meagre 3%, comprising 4% increase in average ticket and a 1% decline in traffic. The company also cut its full-year profit guidance given its first-half performance and stalling growth from its main business in the U.S. Again, it expects full-year revenue to be at lower end of the earlier guided range of 8–10%. However, its top and bottom lines improved 6% and 15% year over year with modest margin expansion. Starbucks is strengthening its portfolio with significant innovations, best-in-class loyalty program and digital offerings to counter tepid sales growth. These might benefit the company in the long run, but the consequential increment in spending will likely put pressure on its bottom line in the near term." (5/1/2017)
• 2. Wedbush analysts commented, "Expect Americas comp momentum, accelerating CAP unit growth, a successful EMEA turnaround, and multiple CPG and emerging market opportunities to drive consistent mid-to-high teens annual EPS growth. ' Checks indicate 3% U.S. comp growth in FQ2. Our recent checks of 5% of U.S. company-owned locations point to 3% Americas comp growth in FQ2. Though below 3.6% cons., we believe 3% is largely in-line with buy-side expectations. We continue to model 3% in FQ2, 5% in FQ3 and 6% in FQ4." (3/13/2017)
• 3. Buckingham Research analysts commented, "We are reiterating our NEUTRAL rating and lowering our PT to $54 from $59. SBUX continues to grow same-store sales, expand already impressive margins, improve returns, generate attractive FCF and grow EPS in a very challenging environment. The company also continues to offer significant LT growth. Unfortunately, it is also undeniable that the business is slowing. First quarter comps increased only 3%, the slowest rate of growth since the financial crisis. We now have increased conviction in our earlier view that there was downside risk to guidance and are lowering our EPS estimates further below the forecasted range. Accordingly, we see valuation contraction continuing for this consensus-long." (1/27/2017)

Starbucks Corporation saw a increase in short interest in May. As of May 31st, there was short interest totalling 23,521,766 shares, an increase of 9.4% from the May 15th total of 21,500,968 shares. Based on an average trading volume of 7,614,442 shares, the short-interest ratio is currently 3.1 days. Approximately 1.7% of the company's shares are sold short.

Some companies that are related to Starbucks Corporation include Restaurant Brands International (QSR), Darden Restaurants (DRI), Whitbread plc (WTB), Cracker Barrel Old Country Store (CBRL), Papa John's International (PZZA), Greene King plc (GNK), Greggs plc (GRG), Shake Shack (SHAK), Mitchells & Butlers plc (MAB), Denny's Corporation (DENN), Marston's PLC (MARS), Restaurant Group PLC (RTN), Fuller, Smith & Turner plc (FSTA), Fiesta Restaurant Group (FRGI), El Pollo Loco Holdings (LOCO), Young & Co.'s Brewery plc (YNGN), Del Frisco's Restaurant Group (DFRG) and Zoe's Kitchen (ZOES).

Starbucks Corporation's management team includes the folowing people:

• Howard Schultz, Executive Chairman of the Board
• Kevin Ronald Johnson, President, Chief Executive Officer, Director
• Scott Harlan Maw, Chief Financial Officer, Executive Vice President
• Clifford Burrows, Group President - Siren Retail
• John Culver, Group President - Starbucks Global Retail
• Lucy Lee Helm, Executive Vice President, General Counsel, Secretary
• Craig E. Weatherup, Presiding Lead Independent Director
• William W. Bradley, Independent Director
• Rosalind G. Brewer, Independent Director
• Mary N. Dillon, Independent Director

Starbucks Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.35%), BlackRock Inc. (5.86%), State Street Corp (4.20%), FMR LLC (3.37%), Bank of New York Mellon Corp (2.11%) and Morgan Stanley (1.51%). Company insiders that own Starbucks Corporation stock include Clifford Burrows, Craig Weatherup, Howard D Schultz, James G Shennan Jr, James G Shennan, Jr, Javier G Teruel, John Culver, Joshua Cooper Ramo, Myron E Ullman III, Olden C Lee, Scott Harlan Maw and William W Bradley. View Institutional Ownership Trends for Starbucks Corporation.

Starbucks Corporation's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Winslow Capital Management LLC, American Century Companies Inc., Thrivent Financial For Lutherans, Janus Capital Management LLC, Renaissance Technologies LLC and Wellington Management Group LLP. Company insiders that have sold Starbucks Corporation stock in the last year include Clifford Burrows, John Culver, Joshua Cooper Ramo and Myron E Ullman III. View Insider Buying and Selling for Starbucks Corporation.

Starbucks Corporation's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Magellan Asset Management Ltd, Massachusetts Financial Services Co. MA, Morgan Stanley, Ameriprise Financial Inc., Vanguard Group Inc., Bank of New York Mellon Corp and State Street Corp. View Insider Buying and Selling for Starbucks Corporation.

Shares of Starbucks Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Starbucks Corporation stock can currently be purchased for approximately $59.96.