Costco Wholesale Corporation (COST)

NASDAQ: COST · IEX Real-Time Price · USD
705.71
-5.54 (-0.78%)
Apr 19, 2024, 3:05 PM EDT - Market open
-0.78%
Market Cap 312.97B
Revenue (ttm) 248.83B
Net Income (ttm) 6.79B
Shares Out 443.50M
EPS (ttm) 15.29
PE Ratio 46.19
Forward PE 43.04
Dividend $4.64 (0.66%)
Ex-Dividend Date Apr 25, 2024
Volume 1,309,334
Open 713.03
Previous Close 711.25
Day's Range 702.00 - 714.87
52-Week Range 476.75 - 787.08
Beta 0.76
Analysts Buy
Price Target 716.96 (+1.6%)
Earnings Date May 23, 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 $716.96, which is an increase of 1.60% from the latest price.

Price Target
$716.96
(1.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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

6 hours 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.

7 hours ago - WSJ

Costco Sells Gold Bars To Customers

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

2 days 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
8 days 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
8 days ago - CNBC Television

Costco Hikes Its Dividend: What Income Investors Need To Know

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

8 days 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...

8 days 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.

8 days ago - Investopedia

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

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

8 days 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.

8 days 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...

8 days 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...

9 days 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...

9 days 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.

9 days 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.

9 days ago - Market Watch

Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates

Gold has turned into money for Costco, where yellow-metal sales begun last year have turned into a cash cow for the big-box retailer.

10 days ago - CNBC

Costco Expands Its Health Care Services

Costco is expanding deeper into health care as it solidifies its relationship with Sesame. Sesame health care offers both telehealth and in-person visits for people who have no health insurance.

11 days ago - Forbes

Costco to offer weight loss program with medical partner Sesame

Costco (COST) and healthcare system Sesame have joined forces to create a weight loss program offering for Costco's members, including a potential prescription for GLP-1 weight-loss drugs. Sesame CEO ...

14 days ago - Yahoo Finance

Costco jumps on the weight-loss bandwagon with $179-for-three-months program

Costco Wholesale Corp. is the latest company to jump on the weight-loss bandwagon, with a new program for members costing $179 for three months.

16 days ago - Market Watch

Costco offering members access to weight-loss programs including medication

Costco Wholesale will offer its members access to weight-loss programs, including prescription drugs Ozempic and Wegovy, from online healthcare services provider Sesame, as the companies expanded thei...

16 days ago - Reuters

Costco, Lowe's, Five Below, Dollar Tree downgraded due to ‘extreme' valuations

Gordon Haskett analyst Chuck Grom on Wednesday downgraded four retailers because their stocks are currently “priced for perfection” after an equities rally in recent months.

Other symbols: DLTRFIVELOW
16 days ago - Market Watch

Costco, Dollar Tree, and Lowe's Stocks Are Downgraded. There's a ‘Notable Wall of Worry.

Gordon Haskett analyst Chuck Grom downgrades shares of Costco, Dollar Tree, Lowe's and Five Below.

Other symbols: DLTRLOW
16 days ago - Barrons

Food wholesaler Costco now offering weight-loss drug prescriptions to members for $179: ‘Important innovations'

"We are witnessing important innovations in medically-supervised weight loss."

16 days ago - New York Post

Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast

The membership warehouse BJ's Wholesale said it plans to open a dozen clubs this year and 10 to 12 clubs each year going forward.

Other symbols: BJ
23 days ago - CNBC

Former Costco CFO Talks Membership Fees, Hot-Dog Combo, Charlie Munger

Richard Galanti explains how Costco prospers while keeping margins tighter and paying workers more than other retailers.

23 days ago - Barrons