Starbucks - SBUX Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 12 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities 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.
View SBUX analyst ratings or view top-rated stocks.

22 analysts have issued 12 month price targets for Starbucks' shares. Their SBUX share price forecasts range from $87.00 to $136.00. On average, they anticipate the company's share price to reach $107.69 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
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Starbucks' stock was trading at $99.20 at the beginning of 2023. Since then, SBUX shares have increased by 7.5% and is now trading at $106.60.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our SBUX earnings forecast.

Starbucks Co. (NASDAQ:SBUX) announced its earnings results on Thursday, February, 2nd. The coffee company reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.02. The coffee company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.78 billion. Starbucks had a negative trailing twelve-month return on equity of 39.78% and a net margin of 10.09%. Starbucks's revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 earnings per share.
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Starbucks declared 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 annualized dividend and a yield of 1.99%. 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 2.03%. 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 73.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBUX will have a dividend payout ratio of 51.96% 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 minted shares were payable 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 Thursday, February, 2nd. The company provided EPS guidance of $3.40-$3.40 for the period, compared to the consensus EPS estimate of $3.45. The company issued revenue guidance of $35.48 billion-$36.12 billion, compared to the consensus revenue estimate of $36.06 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 institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.89%), McElhenny Sheffield Capital Management LLC (0.69%), Envestnet Asset Management Inc. (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), New York State Common Retirement Fund (0.19%) and TD Asset Management Inc (0.18%). 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 $106.60.

Starbucks (NASDAQ:SBUX) has a market capitalization of $122.52 billion and generates $32.25 billion in revenue each year. The coffee company earns $3.28 billion in net income (profit) each year or $2.87 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.