Starbucks - SBUX Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 11 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research 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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21 Wall Street research analysts have issued 1 year target prices for Starbucks' shares. Their SBUX share price forecasts range from $87.00 to $136.00. On average, they predict the company's stock price to reach $106.68 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
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Starbucks' stock was trading at $99.20 at the start of the year. Since then, SBUX stock has increased by 10.9% and is now trading at $109.99.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our SBUX earnings forecast.

Starbucks will be holding an earnings conference call on Thursday, February 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Starbucks Co. (NASDAQ:SBUX) released its quarterly earnings data on Thursday, October, 28th. The coffee company reported $1.00 EPS for the quarter, hitting analysts' consensus estimates of $1.00. The coffee company earned $8.10 billion during the quarter, compared to analyst estimates of $8.22 billion. Starbucks had a negative trailing twelve-month return on equity of 39.85% and a net margin of 10.18%. Starbucks's revenue was up 30.6% compared to the same quarter last year. During the same period last year, the business posted $0.51 EPS.
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Starbucks announced a quarterly dividend on Wednesday, November 30th. Investors of record on Friday, February 10th will be paid 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 1.93%. The ex-dividend date 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 1.96%. The company has been increasing its dividend for 12 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 52.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBUX.

Starbucks's stock split 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 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 earnings per share 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 number of retail and institutional investors. Top institutional investors include McElhenny Sheffield Capital Management LLC (0.69%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), New York State Common Retirement Fund (0.19%), Cottage Street Advisors LLC (0.16%), Fort Washington Investment Advisors Inc. OH (0.12%) and New York State Teachers Retirement System (0.12%). 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, Mellody L Hobson, Michael Aaron Conway, Myron E Ullman III, Myron E Ullman III, Rachel A Gonzalez, Rachel Ruggeri 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 $109.99.

Starbucks (NASDAQ:SBUX) has a market capitalization of $126.33 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.