Costco Wholesale Corporation (COST)

NASDAQ: COST · IEX Real-Time Price · USD
795.81
+2.74 (0.35%)
At close: May 17, 2024, 4:00 PM
796.34
+0.53 (0.07%)
After-hours: May 17, 2024, 7:59 PM EDT
0.35%
Market Cap 352.63B
Revenue (ttm) 248.83B
Net Income (ttm) 6.79B
Shares Out 443.50M
EPS (ttm) 15.29
PE Ratio 52.05
Forward PE 48.39
Dividend $4.64 (0.58%)
Ex-Dividend Date Apr 25, 2024
Volume 907,570
Open 793.61
Previous Close 793.07
Day's Range 790.61 - 797.60
52-Week Range 476.75 - 804.56
Beta 0.76
Analysts Buy
Price Target 721.19 (-9.38%)
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 -9.38% from the latest price.

Price Target
$721.19
(-9.38% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Costco is more expensive than Nvidia after Uber partnership: Cramer still says ‘buy'

Costco Wholesale Corporation (NASDAQ: COST) is trading at an all-time high after Uber Eats teamed up with the retail behemoth on Thursday. Details of Costco-Uber partnership Users can now have groceri...

Other symbols: UBER
1 day ago - Invezz

Uber wants to conquer the suburbs and it's starting with Costco

Uber is offering new perks for Costco lovers as it looks to expand into the suburbs. Members and non-members can now shop Costco on Uber Eats for delivery of groceries and more.

Other symbols: UBER
1 day ago - Business Insider

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
2 days 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
2 days 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
2 days ago - Reuters

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

The Investment Committee discuss the latest Calls of the Day

Other symbols: RBLXREGN
3 days 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...

8 days ago - Investopedia

Cramer's Mad Dash: Costco

CNBC's Jim Cramer delivers his daily Mad Dash.

8 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 ...

9 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
16 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...

18 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.

23 days ago - Forbes

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

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

4 weeks 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.

4 weeks 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
5 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
5 weeks ago - CNBC Television

Costco Hikes Its Dividend: What Income Investors Need To Know

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

5 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...

5 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