Starbucks Stock Forecast, Price & News

Starbucks' stock was trading at $68.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SBUX stock has increased by 23.2% and is now trading at $83.89.
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28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 14 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Starbucks is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Starbucks.

Starbucks Co. (NASDAQ:SBUX) released its earnings results on Tuesday, July, 28th. The coffee company reported ($0.46) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.61) by $0.15. The coffee company earned $4.22 billion during the quarter, compared to analysts' expectations of $4.14 billion. Starbucks had a negative return on equity of 22.26% and a net margin of 5.56%. Starbucks's quarterly revenue was down 38.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.78 EPS.
View Starbucks' earnings history.

Starbucks announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Friday, August 7th will be paid a dividend of $0.41 per share on Friday, August 21st. This represents a $1.64 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Thursday, August 6th.
View Starbucks' dividend history.

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 created shares were distributed to shareholders after the closing bell 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 FY20 earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of $0.83-0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77.

28 Wall Street analysts have issued twelve-month price targets for Starbucks' stock. Their forecasts range from $65.00 to $100.00. On average, they anticipate Starbucks' share price to reach $84.52 in the next year. This suggests a possible upside of 0.8% from the stock's current price.
View analysts' price targets for Starbucks.

Starbucks saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 14,810,000 shares, a decrease of 14.6% from the July 15th total of 17,350,000 shares. Based on an average trading volume of 9,670,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.3% of the shares of the stock are sold short.
View Starbucks' Short Interest.

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), Brinker International (EAT), Jack in the Box (JACK), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Dine Brands Global (DIN).
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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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.78%), FMR LLC (1.86%), Bank of New York Mellon Corp (0.97%), Nuveen Asset Management LLC (0.70%), Fisher Asset Management LLC (0.67%) and Charles Schwab Investment Management Inc. (0.64%). Company insiders that own Starbucks stock include Clara Shih, Clifford Burrows, Javier G Teruel, Jill Walker, John Culver, Kevin R Johnson, Lucy Lee Helm, Myron E Ullman III 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 Two Sigma Advisers LP, AQR Capital Management LLC, Advisor Group Holdings Inc., CIBC Private Wealth Group LLC, APG Asset Management N.V., Canada Pension Plan Investment Board, Marshall Wace North America L.P., and Toronto Dominion Bank. Company insiders that have sold Starbucks company stock in the last year include Clara Shih, Jill Walker, Lucy Lee Helm, and Myron E Ullman III.
View insider buying and selling activity for Starbucks.

SBUX stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Jackson Square Partners LLC, Nordea Investment Management AB, FMR LLC, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Macquarie Group Ltd., and SG Americas Securities LLC.
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 $83.89.

Starbucks has a market capitalization of $98.07 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]