Costco Wholesale Corporation (COST)

NASDAQ: COST · IEX Real-Time Price · USD
787.04
+9.14 (1.17%)
May 15, 2024, 4:00 PM EDT - Market closed
1.17%
Market Cap 349.06B
Revenue (ttm) 248.83B
Net Income (ttm) 6.79B
Shares Out 443.50M
EPS (ttm) 15.29
PE Ratio 51.47
Forward PE 47.92
Dividend $4.64 (0.59%)
Ex-Dividend Date Apr 25, 2024
Volume 1,569,710
Open 778.52
Previous Close 777.90
Day's Range 778.52 - 789.66
52-Week Range 476.75 - 789.66
Beta 0.76
Analysts Buy
Price Target 721.19 (-8.37%)
Earnings Date May 30, 2024

About COST

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, garden and patio... [Read more]

Industry Discount Stores
IPO Date Sep 22, 1993
Employees 316,000
Stock Exchange NASDAQ
Ticker Symbol COST
Full Company Profile

Financial Performance

In 2023, COST's revenue was $242.29 billion, an increase of 6.76% compared to the previous year's $226.95 billion. Earnings were $6.29 billion, an increase of 7.67%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for COST stock is "Buy." The 12-month stock price forecast is $721.19, which is a decrease of -8.37% from the latest price.

Price Target
$721.19
(-8.37% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Uber Reveals Costco Partnership, Uber One Discount for College Students

Uber Technologies (UBER) announced six new products and features Wednesday as part of its fourth annual Go-Get event, including a discounted Uber One membership for college students and an internation...

Other symbols: UBER
14 hours ago - Investopedia

Uber launches bus shuttle service, expands Costco tie-up to woo price-conscious users

The initiatives were unveiled at Uber's GO-GET annual event for new products and are meant to maintain growth at the ride-share and delivery giant after a strong 2023.

Other symbols: UBER
16 hours ago - New York Post

Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users

Uber Technologies is introducing a shuttle service in the U.S. and widening a delivery tie-up with membership-only retailer Costco as part of a series of initiatives unveiled on Wednesday to attract p...

Other symbols: UBER
18 hours ago - Reuters

Calls of the Day: Roblox, Regeneron, Costco and Edison

The Investment Committee discuss the latest Calls of the Day

Other symbols: RBLXREGN
1 day ago - CNBC Television

Top Costco Shareholders

Costco Wholesale Corp. (COST) over four decades has grown into a major warehouse retailer in the U.S. and abroad by offering low prices on large packages of name-brand products. It sells groceries, ap...

6 days ago - Investopedia

Cramer's Mad Dash: Costco

CNBC's Jim Cramer delivers his daily Mad Dash.

6 days ago - CNBC Television

Costco Wholesale Corporation Reports April Sales Results

ISSAQUAH, Wash., May 08, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $19.80 billion for the retail month of April, the ...

7 days ago - GlobeNewsWire

Bearish on TLT, BITO, COST

20-Plus Year Treasury ETF (TLT), Proshares Bitcoin ETF (BITO), and Costco (COST) are today's big three. Don Kaufman and Ben Lichtenstein discuss the technical trends, as well as how to trade these nam...

Other symbols: BITOTLT
14 days ago - Schwab Network

MKS' Nicky Shiels asks if Costco gold is the market's new ETF moment

(Kitco News) - The precious metals sector has seen a few defining moments that have created a paradigm shift in the marketplace, and one strategist is wondering if gold is on the cusp of another disru...

16 days ago - Kitco

From Gold Bullion To Golden Chickens: 7 Measures Of Costco's Influence

If you buy stock in Costco, then you're basically buying stock in chickens, gold and hotdogs. And you have two legendary retail leaders to thank for this winning mix.

21 days ago - Forbes

Up 8% This Year, Why Is Costco Stock Outperforming?

Note: Costco FY'23 ended on August 27, 2023.

26 days ago - Forbes

The Headache at the End of the Costco Gold Rush

Selling gold bars takes more time and money than stocks, bonds or crypto.

26 days ago - WSJ

Costco Sells Gold Bars To Customers

It is true! Costco now sells one ounce Gold Bars to customers.

4 weeks ago - Forbes

Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra

Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on M...

Other symbols: CAGFASTFULLEN
4 weeks ago - Forbes

Calls of the Day: Chevron, Qualcomm, Costco, Nasdaq and American Express

The Investment Committee discuss the latest Calls of the Day.

Other symbols: AXPCVXQCOMNDAQ
4 weeks ago - CNBC Television

Costco Hikes Its Dividend: What Income Investors Need To Know

Costco just made a shareholder-friendly move, increasing its dividend.

4 weeks ago - Kiplinger

Costco is selling up to $200 million of gold bars and silver coins every month, but probably not making much profit, retail analyst says

Costco's monthly sales of its gold bars and silver coins could total $200 million, Wells Fargo estimated. But their low prices mean they likely bring in "minimal profit" for Costco, analyst Edward Kel...

4 weeks ago - Business Insider

Costco Hikes Its Dividend Nearly 14% as Sales Rise

Costco Wholesale (COST) announced a rise in March sales and a nearly 14% boost to its quarterly dividend after the market closed on Wednesday.

5 weeks ago - Investopedia

Costco's March Sales Jump. E-Commerce Is Taking Off.

E-commerce same-store sales grew 28.3% year-over-year.

5 weeks ago - Barrons

Costco boosts its dividend by 14% while touting sharp rise in e-commerce sales

Costco Wholesale Corp. saw a 9.4% sales boost in the five weeks through April 7, driven by a surge in e-commerce activity.

5 weeks ago - Market Watch

Costco Wholesale Corporation Reports March Sales Results and Announces an Increase in Its Quarterly Cash Dividend

ISSAQUAH, Wash., April 10, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $23.48 billion for the retail month of March, th...

5 weeks ago - GlobeNewsWire

Retail gold demand drives $100 to $200 million in sales for Costco

(Kitco News) - The gold market has been acutely aware of lackluster demand from generalist investors for a while; however, investors are mostly shunning paper gold products as major retail has seen si...

5 weeks ago - Kitco

Costco selling as much as $200M in gold bars per month, Wells Fargo estimates

Costco has struck gold by selling its one-ounce bullion bars — so much so that the big-box retailer is reportedly raking in as much as $200 million a month as the price of the precious metal skyrocket...

5 weeks ago - New York Post

Costco gold and silver sales 'seem to have grown considerably': Wells Fargo

Costco Wholesale got into precious metals sales last year with gold bars and, according to a Tuesday research note from Wells Fargo, those may have picked up quite a bit since then.

5 weeks ago - Fox Business

Costco's gold and silver sales are boosting same-store sales, but profit remains elusive, analysts say

Costco Wholesale Corp. is generating strong interest from its sale of gold and silver but with one caveat: It's unlikely to be making much profit from it.

5 weeks ago - Market Watch