Should I buy or sell Starbucks stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 .

What is Starbucks' stock price target for 2024?

20 analysts have issued twelve-month target prices for Starbucks' shares. Their SBUX share price targets range from $90.00 to $150.00. On average, they predict the company's stock price to reach $107.71 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View analysts price targets for SBUX or view top-rated stocks among Wall Street analysts .

How have SBUX shares performed in 2024?

Starbucks' stock was trading at $96.01 at the beginning of 2024. Since then, SBUX shares have decreased by 11.3% and is now trading at $85.17. View the best growth stocks for 2024 here .

When is Starbucks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our SBUX earnings forecast .

How were Starbucks' earnings last quarter?

Starbucks Co. (NASDAQ:SBUX) released its quarterly earnings data on Wednesday, January, 31st. The coffee company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by $0.02. The coffee company earned $9.43 billion during the quarter, compared to analysts' expectations of $9.60 billion. Starbucks had a negative trailing twelve-month return on equity of 50.76% and a net margin of 11.70%. The firm's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS. Read the conference call transcript .

How often does Starbucks pay dividends? What is the dividend yield for Starbucks?

Starbucks announced a quarterly dividend on Wednesday, March 20th. Investors of record on Friday, May 17th will be given a dividend of $0.57 per share on Friday, May 31st. This represents a $2.28 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Thursday, May 16th. Read our dividend analysis for SBUX .

Is Starbucks a good dividend stock?

Starbucks (NASDAQ:SBUX) pays an annual dividend of $2.28 per share and currently has a dividend yield of 2.68%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBUX will have a dividend payout ratio of 48.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBUX .

What ETFs hold Starbucks' stock?

ETFs with the largest weight of Starbucks (NASDAQ:SBUX) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ) , Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) , Monarch Blue Chips Core Index ETF (MBCC) , Democratic Large Cap Core ETF (DEMZ) , AI Quality Growth ETF (AQGX) , Consumer Discretionary Select Sector SPDR Fund (XLY) , Global X Adaptive US Factor ETF (AUSF) and ProShares Ultra Consumer Discretionary (UCC) .

When did Starbucks' stock split?

Starbucks shares 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 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.

What guidance has Starbucks issued on next quarter's earnings?

Starbucks issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 4.070-4.250 for the period, compared to the consensus earnings per share estimate of 3.780. The company issued revenue guidance of $38.5 billion-$39.6 billion, compared to the consensus revenue estimate of $36.3 billion.

What is Kevin Johnson's approval rating as Starbucks' CEO?

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.

What other stocks do shareholders of Starbucks own?

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) .

Who are Starbucks' major shareholders?

Starbucks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.19%), Fort Pitt Capital Group LLC (0.07%), Confluence Investment Management LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.05%), Factory Mutual Insurance Co. (0.03%) and Massmutual Trust Co. FSB ADV (0.03%). Insiders that own company stock include Angela Lis , Clara Shih , Gina Woods , Howard D Schultz , John Culver , Kevin R Johnson, Kevin R Johnson , Mellody L Hobson, Michael Aaron Conway , Rachel Ruggeri , Sara Kelly and Zabrina Jenkins. View institutional ownership trends .

How do I buy shares of Starbucks?

Shares of SBUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Starbucks have any subsidiaries?

The following companies are subsidiares of Starbucks: AmRest Coffee Sp. z o. o., AmRest Coffee s.r.o., AmRest Kavezo Kft., Association Centro de Assessoria e Suporte da Starbucks Brazil, Bay Bread LLC, Beijing Starbucks Coffee Co. Ltd., CHH Cafe LLC, CHH Holdings of Texas LLC, Centro de Apoyo al Productor de Starbucks Guatemala Limitada, Chengdu Starbucks Coffee Company Limited, Coffee Concepts (Southern China) Limited, Coffee House Holdings Inc., Coffee Partners Co. Ltd., Conifer Ventures Limited, Corporacion Starbucks Farmer Support Center Colombia, Emerald City C.V., Ethos Brands LLC, Evolution Fresh, Evolution Fresh Inc., Farmer Support Center Asociacion Civil, Guangdong Starbucks Coffee Company Limited, High Grown Investment Group (Hong Kong) Ltd., Holding Company International Limited, Hubei Starbucks Coffee Company Limited, Koffee Sirena LLC, La Boulange, North American Coffee Partnership, Olympic Casualty Insurance Company, Pasqua Inc., Princi Global Limited, Qingdao American Starbucks Coffee Company Limited, SBI Nevada Inc., SCC Innoventure L.P., SCI Europe I LLC, SCI Europe II LLC, SCI Investment Inc., SR Holdings Corporation, SR2 Holdings Corporation, Seastar Colombia Supply Company S.A.S., Seattle Coffee Company, Seattle’s Best Coffee LLC, Shanghai Starbucks Coffee Enterprise Co. Ltd., Shaya Coffee Limited, Siren Retail Corporation, Starbucks (China) Company Limited, Starbucks (Kunshan) Coffee Co. Ltd., Starbucks (Shanghai) Coffee Company Limited, Starbucks (Shanghai) Supply Chain Co. Ltd., Starbucks (Shanghai) Trade Company Limited, Starbucks AINI Coffee (Yunnan) Company Limited, Starbucks Asia Pacific Investment Holding II Limited, Starbucks Asia Pacific Investment Holding III Limited, Starbucks Asia Pacific Investment Holding Limited, Starbucks Capital Asset Leasing Company LLC, Starbucks Card Europe Limited, Starbucks Coffee (Cayman) Holdings Ltd., Starbucks Coffee (Dalian) Company Limited, Starbucks Coffee (Liaoning) Company Limited, Starbucks Coffee (Shenzhen) Company Limited, Starbucks Coffee Agronomy Company S.R.L., Starbucks Coffee Asia Pacific Limited, Starbucks Coffee Austria GmbH, Starbucks Coffee Canada Inc., Starbucks Coffee Company (Australia) Pty Ltd, Starbucks Coffee Company (UK) Limited, Starbucks Coffee Development (Yunnan) Company Limited, Starbucks Coffee EMEA B.V., Starbucks Coffee Holdings (UK) Limited, Starbucks Coffee International Inc., Starbucks Coffee Japan Ltd., Starbucks Coffee Switzerland GmbH, Starbucks Coffee Trading Company Sarl, Starbucks EMEA Holdings Ltd, Starbucks EMEA Investment Ltd, Starbucks EMEA Ltd, Starbucks Farmer Support Center Rwanda Ltd, Starbucks Farmer Support Center Tanzania Limited, Starbucks Holding Company, Starbucks Holding Company Pte. Ltd., Starbucks International (Holdings) Ltd, Starbucks Italy S.r.l., Starbucks Manufacturing Corporation, Starbucks Manufacturing EMEA B.V., Starbucks New Venture Company, Starbucks Singapore Investment Pte. Ltd., Starbucks Switzerland Austria Holdings B.V., Starbucks Trading G.K., Tata Starbucks Private Limited, Tazo L.L.C., Teavana, Teavana Puerto Rico LLC, The New French Bakery Inc., Torrefazione Italia LLC, Tympanum Inc., Xingran (Shanghai) Investment Partnership, and Xi’an Starbucks Coffee Company Limited. Read More

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NASDAQ:SBUX

Starbucks (SBUX) Stock Price, News & Analysis

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$85.17

+0.25 (+0.29%)

(As of 04/15/2024 ET)

Compare

Today's Range: $84.92
▼
$86.37
50-Day Range: $84.92
▼
$97.30
52-Week Range: $84.29
▼
$115.48

Volume: 9.43 million shs
Average Volume: 6.38 million shs
Market Capitalization: $96.43 billion

P/E Ratio: 22.77
Dividend Yield: 2.68%
Price Target: $107.71

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Starbucks MarketRank™ Stock Analysis

Analyst Rating: Hold
2.45 Rating Score
Upside/Downside: 26.5% Upside
$107.71 Price Target
Short Interest: Healthy
1.43% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.84
Upright™ Environmental Score
News Sentiment: 0.19
Based on 66 Articles This Week
Insider Trading: Selling Shares
$375,665 Sold Last Quarter
Proj. Earnings Growth: 15.31%
From $4.05 to $4.67 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.99 out of 5 stars

Retail/Wholesale Sector

4th out of 203 stocks

Eating & Drinking Places Industry

1st out of 7 stocks

4.2

Analyst's Opinion

Consensus Rating
Starbucks has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 9 buy ratings, 11 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Starbucks has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.43% of the float of Starbucks has been sold short.
Short Interest Ratio / Days to Cover
Starbucks has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Starbucks has recently increased by 1.88%, indicating that investor sentiment is decreasing.

4.2

Dividend Strength

Dividend Yield
Starbucks pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Starbucks has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Starbucks is 60.96%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Starbucks will have a dividend payout ratio of 48.82% next year. This indicates that Starbucks will be able to sustain or increase its dividend.

1.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Starbucks has received a -6.83% net impact score from Upright. The largest negative impact of Starbucks in category "Physical diseases" seems to be driven mostly by its "Cold coffee drinks with added sugar", "Sugar-sweetened soft drinks", and "Sweet baked goods" products. See details.
Environmental Sustainability
The Environmental Impact score for Starbucks is -1.84.

2.9

News and Social Media Coverage

News Sentiment
Starbucks has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 66 news articles for Starbucks this week, compared to 33 articles on an average week.
Search Interest
176 people have searched for SBUX on MarketBeat in the last 30 days. This is an increase of 93% compared to the previous 30 days.
MarketBeat Follows
70 people have added Starbucks to their MarketBeat watchlist in the last 30 days. This is an increase of 52% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Starbucks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $375,665.00 in company stock.
Percentage Held by Insiders
Only 1.98% of the stock of Starbucks is held by insiders.
Percentage Held by Institutions
72.29% of the stock of Starbucks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Starbucks are expected to grow by 15.31% in the coming year, from $4.05 to $4.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Starbucks is 22.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Starbucks is 22.77, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.43.
Price to Earnings Growth Ratio
Starbucks has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.

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About Starbucks Stock (NASDAQ:SBUX)

Starbucks Corporation is a renowned roaster, marketer and retailer of specialty coffee with over 36,000 stores across 80 countries. Founded in 1971, the company comprises three segments: North America, international and channel development. Starbucks has achieved tremendous success since its inception by becoming the largest coffeehouse company in the world.

In 1971, three business partners — Jerry Baldwin, Zev Siegl and Gordon Bowker — pursued their dream of selling high-quality coffee beans and equipment, inspired by roasting coffee entrepreneur Alfred Peet. By 1986, the team had opened six stores in the Seattle area and had begun to sell espresso coffee. The following year, the original owners sold the Starbucks chain to former director of marketing Howard Schultz. By 1989, Starbucks had expanded to 46 stores across the Pacific Northwest and Midwest and reported annual revenue of $73.5 million.

Notable acquisitions include The Coffee Connection, Circadia, Seattle's Best Coffee, Torrefazione Italia, Diedrich Coffee and Coffee People. In 2017, Kevin Johnson succeeded Howard Schultz, and Schultz returned as CEO in April 2022.

Starbucks offers an extensive selection of hot and cold drinks, espresso, caffe latte, whole-bean coffee, micro-ground instant coffee, juices, Frappuccino beverages, full and loose-leaf teas, pastries and snacks. It operates six roasteries with tasting rooms and 43 coffee bars within the Starbucks Reserve program.

In 2008, Starbucks encountered some challenges with the announcement of 600 underperforming store closures and the halting of U.S. expansion. An additional 300 stores and a layoff of 7,000 people occurred in 2009. In 2014, Starbucks changed its strategy and shifted from a cookie-cutter approach to branding that was the same worldwide to one focused on local customization for each store. To further invest in the Chinese market, Starbucks acquired the remaining 50% stake of its joint venture from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC) for $1.3 billion.

The COVID-19 pandemic resulted in a 10% sales decrease due to lockdowns and a 50% decrease in China and closed all café-only stores in the United States for two weeks in March. It announced in 2019 that it would close 400 locations in the U.S./Canada regions.

In 2021, Starbucks was striving to regain its footing, with workers in Buffalo, New York, attempting to unionize and the company facing accusations of illegally discriminating against unionized workers by refusing them wage and benefit increases. The company is also working to address the racial bias issues it has experienced, such as the 2008 discrimination suit and the 2018 incident in Philadelphia.

Starbucks has committed to providing an unparalleled customer experience, impressive growth and expansion and continued efforts to address systemic racism and promote equity. With the return of CEO Howard Schultz, the company plans to increase its store count to about 55,000 by 2030.

SBUX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBUX Stock News Headlines

April 8, 2024 | marketbeat.com

Krispy Kreme’s Hangover from McDonald’s Deal Bestows Pullback Opp (SBUX)

Krispy Kreme stock has pulled back after the sugar high of the McDonald's partnership, but analysts like DNUT stock giving investors a sweet opportunity

April 1, 2024 | marketbeat.com

Consumer Sentiment Highest Since 2021, 3 Stocks Leading the Way

The United States economy just entered into a new cycle. Because markets shift according to their six to nine-month expectations, three stocks in the consumer discretionary sector are leading the way in this new rotation.

April 16, 2024 | InvestorPlace (Ad)

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Consumer Sentiment Highest Since 2021, 3 Stocks Leading the Way (SBUX)

Consumer sentiment readings reached levels not seen since 2021, creating an opportunity for these three stocks to fill their gaps against the sector

March 26, 2024 | insidertrades.com

Sara Kelly Sells 250 Shares of Starbucks Co. (NASDAQ:SBUX) Stock

March 22, 2024 | marketbeat.com

More than 440,000 Starbucks-branded mugs recalled due to burn, laceration risk

More than 440,000 Starbucks-branded mugs made by Nestle and sold during the winter holidays are being recalled after reports of some users receiving burns or lacerations

April 15, 2024 | msn.com

Starbucks to release new Spicy Lemonade Refreshers, cold foam

April 15, 2024 | msn.com

Starbucks launches new line of spring merchandise

April 16, 2024 | InvestorPlace (Ad)

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April 15, 2024 | msn.com

Starbucks Adds New Spicy Lemonades — and Announces All Drinks Are Free on Thursday

April 15, 2024 | yahoo.com

Starbucks releases 'swicy' refresher beverages built off sweet heat trend

April 15, 2024 | axios.com

Starbucks jumps into "swicy" TikTok trend with new drinks

April 15, 2024 | fool.com

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April 14, 2024 | msn.com

Woman arrested after crashing car into Denver Starbucks

April 14, 2024 | gurufocus.com

Is Starbucks Undervalued?

April 14, 2024 | americanbankingnews.com

Starbucks (NASDAQ:SBUX) Price Target Lowered to $115.00 at Morgan Stanley

April 14, 2024 | americanbankingnews.com

Starbucks (NASDAQ:SBUX) PT Lowered to $95.00

April 13, 2024 | fool.com

1 Magnificent Growth Stock Down 31% You'll Regret Not Buying on the Dip

April 13, 2024 | americanbankingnews.com

Starbucks (NASDAQ:SBUX) PT Lowered to $90.00

April 13, 2024 | americanbankingnews.com

TD Cowen Reiterates Hold Rating for Starbucks (NASDAQ:SBUX)

April 12, 2024 | msn.com

Starbucks announces ‘temporary’ closure of East Sacramento location

April 12, 2024 | finance.yahoo.com

Starbucks (SBUX) Stock Moves -1.14%: What You Should Know

April 12, 2024 | msn.com

How To Order The Secret Menu Stardust Frappuccino At Starbucks

April 12, 2024 | news.yahoo.com

Starbucks is closing an East Sacramento coffee shop. Its last day is around the corner

April 12, 2024 | americanbankingnews.com

Brokers Set Expectations for Starbucks Co.'s Q4 2025 Earnings (NASDAQ:SBUX)

April 11, 2024 | finance.yahoo.com

SpaceX, Trader Joe’s, and Amazon are ‘law breakers,’ U.S.’ top labor enforcer says as battle over eliminating NLRB heats up

See More Headlines

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Company Calendar

Last Earnings: 1/31/2024
Ex-Dividend for 2/23 Dividend: 2/08/2024
Dividend Payable: 2/23/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/07/2024
Ex-Dividend for 5/31 Dividend: 5/16/2024
Dividend Payable: 5/31/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Eating & drinking places
Sub-Industry: Restaurants
Current Symbol: NASDAQ:SBUX
CUSIP: 85524410
CIK: 829224
Web: www.starbucks.com
Phone: (206) 447-1575
Fax: 206-318-3432
Employees: 381,000
Year Founded: 1971

Price Target and Rating

Average Stock Price Target: $107.71
High Stock Price Target: $150.00
Low Stock Price Target: $90.00
Potential Upside/Downside: +26.5%
Consensus Rating: Hold
Rating Score (0-4): 2.45
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.74
Trailing P/E Ratio: 22.77
Forward P/E Ratio: 21.03
P/E Growth: 1.36
Net Income: $4.12 billion
Net Margins: 11.70%
Pretax Margin: 15.39%
Return on Equity: -50.76%
Return on Assets: 14.64%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.70
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $35.98 billion
Price / Sales: 2.68
Cash Flow: $4.84 per share
Price / Cash Flow: 17.59
Book Value: ($6.97) per share
Price / Book: -12.22

Miscellaneous

Outstanding Shares: 1,132,200,000
Free Float: 1,109,782,000
Market Cap: $96.43 billion
Optionable: Optionable
Beta: 0.98

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Key Executives

Mr. Laxman Narasimhan (Age 56)
CEO & Director
Comp: $4.89M
Mr. Howard D. Schultz (Age 71)
Founder & Chairman Emeritus
Comp: $757.6k
Ms. Rachel Ruggeri (Age 54)
Executive VP, CFO & Principal Accounting Officer
Comp: $2.17M
Mr. Bradley E. Lerman (Age 66)
Executive VP & General Counsel
Comp: $1.08M
Mr. Michael A. Conway (Age 57)
Chief Executive Officer of North America
Comp: $2.64M
Ms. Sara Kelly (Age 44)
Executive VP & Chief Partner Officer
Comp: $1.99M
Ms. Tiffany Willis
Vice President of Investor Relations & ESG Engagement
Mr. Ashish Mishra
Senior VP, Deputy General Counsel and Chief Ethics & Compliance Officer
Mr. Dominic Carr
Executive VP & Chief Communications Officer
Mr. Brady Brewer (Age 51)
Executive VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Starbucks Stock? SBUX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Starbucks Co.:

Starbucks has a strong global presence with operations in multiple countries, providing geographic diversification.
The company offers a wide range of products beyond just coffee, including tea beverages, food items, and ready-to-drink beverages, catering to diverse consumer preferences.
Starbucks has a well-established brand with a loyal customer base, which can lead to consistent revenue streams.
Recent innovations in digital technology and mobile ordering have enhanced customer convenience and engagement, potentially driving sales growth.
Despite short-term fluctuations, Starbucks has shown resilience in adapting to changing market conditions and consumer trends.

Cons

Investors should be bearish about investing in Starbucks Co. for these reasons:

Increased competition in the coffee and beverage industry could impact Starbucks' market share and profitability.
Fluctuations in commodity prices, particularly coffee beans, can affect the company's margins and overall financial performance.
Consumer preferences and trends may shift rapidly, requiring continuous innovation and adaptation from Starbucks to stay competitive.
The current stock price of Starbucks (NASDAQ: SBUX) may be influenced by market volatility and macroeconomic factors, potentially posing risks to investors.
Regulatory changes or geopolitical events in key markets could disrupt Starbucks' operations and growth prospects.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Starbucks pros and cons to contact@marketbeat.com.

SBUX Stock Analysis - Frequently Asked Questions

Should I buy or sell Starbucks stock right now?: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Starbucks in the last year. There are currently 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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.
What is Starbucks' stock price target for 2024?: 20 analysts have issued twelve-month target prices for Starbucks' shares. Their SBUX share price targets range from $90.00 to $150.00. On average, they predict the company's stock price to reach $107.71 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for SBUX or view top-rated stocks among Wall Street analysts.
How have SBUX shares performed in 2024?: Starbucks' stock was trading at $96.01 at the beginning of 2024. Since then, SBUX shares have decreased by 11.3% and is now trading at $85.17.
View the best growth stocks for 2024 here.
When is Starbucks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our SBUX earnings forecast.
How were Starbucks' earnings last quarter?: Starbucks Co. (NASDAQ:SBUX) released its quarterly earnings data on Wednesday, January, 31st. The coffee company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by $0.02. The coffee company earned $9.43 billion during the quarter, compared to analysts' expectations of $9.60 billion. Starbucks had a negative trailing twelve-month return on equity of 50.76% and a net margin of 11.70%. The firm's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS.
Read the conference call transcript.
How often does Starbucks pay dividends? What is the dividend yield for Starbucks?: Starbucks announced a quarterly dividend on Wednesday, March 20th. Investors of record on Friday, May 17th will be given a dividend of $0.57 per share on Friday, May 31st. This represents a $2.28 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Thursday, May 16th.
Read our dividend analysis for SBUX.
Is Starbucks a good dividend stock?: Starbucks (NASDAQ:SBUX) pays an annual dividend of $2.28 per share and currently has a dividend yield of 2.68%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBUX will have a dividend payout ratio of 48.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBUX.
What ETFs hold Starbucks' stock?: ETFs with the largest weight of Starbucks (NASDAQ:SBUX) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Monarch Blue Chips Core Index ETF (MBCC), Democratic Large Cap Core ETF (DEMZ), AI Quality Growth ETF (AQGX), Consumer Discretionary Select Sector SPDR Fund (XLY), Global X Adaptive US Factor ETF (AUSF) and ProShares Ultra Consumer Discretionary (UCC).

When did Starbucks' stock split?: Starbucks shares 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 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.
What guidance has Starbucks issued on next quarter's earnings?: Starbucks issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 4.070-4.250 for the period, compared to the consensus earnings per share estimate of 3.780. The company issued revenue guidance of $38.5 billion-$39.6 billion, compared to the consensus revenue estimate of $36.3 billion.
What is Kevin Johnson's approval rating as Starbucks' CEO?: 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.
What other stocks do shareholders of Starbucks own?: 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).
Who are Starbucks' major shareholders?: Starbucks' stock is owned by a variety of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.19%), Fort Pitt Capital Group LLC (0.07%), Confluence Investment Management LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.05%), Factory Mutual Insurance Co. (0.03%) and Massmutual Trust Co. FSB ADV (0.03%). Insiders that own company stock include Angela Lis, Clara Shih, Gina Woods, Howard D Schultz, John Culver, Kevin R Johnson, Kevin R Johnson, Mellody L Hobson, Michael Aaron Conway, Rachel Ruggeri, Sara Kelly and Zabrina Jenkins.
View institutional ownership trends.
How do I buy shares of Starbucks?: Shares of SBUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Starbucks have any subsidiaries?: The following companies are subsidiares of Starbucks: AmRest Coffee Sp. z o. o., AmRest Coffee s.r.o., AmRest Kavezo Kft., Association Centro de Assessoria e Suporte da Starbucks Brazil, Bay Bread LLC, Beijing Starbucks Coffee Co. Ltd., CHH Cafe LLC, CHH Holdings of Texas LLC, Centro de Apoyo al Productor de Starbucks Guatemala Limitada, Chengdu Starbucks Coffee Company Limited, Coffee Concepts (Southern China) Limited, Coffee House Holdings Inc., Coffee Partners Co. Ltd., Conifer Ventures Limited, Corporacion Starbucks Farmer Support Center Colombia, Emerald City C.V., Ethos Brands LLC, Evolution Fresh, Evolution Fresh Inc., Farmer Support Center Asociacion Civil, Guangdong Starbucks Coffee Company Limited, High Grown Investment Group (Hong Kong) Ltd., Holding Company International Limited, Hubei Starbucks Coffee Company Limited, Koffee Sirena LLC, La Boulange, North American Coffee Partnership, Olympic Casualty Insurance Company, Pasqua Inc., Princi Global Limited, Qingdao American Starbucks Coffee Company Limited, SBI Nevada Inc., SCC Innoventure L.P., SCI Europe I LLC, SCI Europe II LLC, SCI Investment Inc., SR Holdings Corporation, SR2 Holdings Corporation, Seastar Colombia Supply Company S.A.S., Seattle Coffee Company, Seattle’s Best Coffee LLC, Shanghai Starbucks Coffee Enterprise Co. Ltd., Shaya Coffee Limited, Siren Retail Corporation, Starbucks (China) Company Limited, Starbucks (Kunshan) Coffee Co. Ltd., Starbucks (Shanghai) Coffee Company Limited, Starbucks (Shanghai) Supply Chain Co. Ltd., Starbucks (Shanghai) Trade Company Limited, Starbucks AINI Coffee (Yunnan) Company Limited, Starbucks Asia Pacific Investment Holding II Limited, Starbucks Asia Pacific Investment Holding III Limited, Starbucks Asia Pacific Investment Holding Limited, Starbucks Capital Asset Leasing Company LLC, Starbucks Card Europe Limited, Starbucks Coffee (Cayman) Holdings Ltd., Starbucks Coffee (Dalian) Company Limited, Starbucks Coffee (Liaoning) Company Limited, Starbucks Coffee (Shenzhen) Company Limited, Starbucks Coffee Agronomy Company S.R.L., Starbucks Coffee Asia Pacific Limited, Starbucks Coffee Austria GmbH, Starbucks Coffee Canada Inc., Starbucks Coffee Company (Australia) Pty Ltd, Starbucks Coffee Company (UK) Limited, Starbucks Coffee Development (Yunnan) Company Limited, Starbucks Coffee EMEA B.V., Starbucks Coffee Holdings (UK) Limited, Starbucks Coffee International Inc., Starbucks Coffee Japan Ltd., Starbucks Coffee Switzerland GmbH, Starbucks Coffee Trading Company Sarl, Starbucks EMEA Holdings Ltd, Starbucks EMEA Investment Ltd, Starbucks EMEA Ltd, Starbucks Farmer Support Center Rwanda Ltd, Starbucks Farmer Support Center Tanzania Limited, Starbucks Holding Company, Starbucks Holding Company Pte. Ltd., Starbucks International (Holdings) Ltd, Starbucks Italy S.r.l., Starbucks Manufacturing Corporation, Starbucks Manufacturing EMEA B.V., Starbucks New Venture Company, Starbucks Singapore Investment Pte. Ltd., Starbucks Switzerland Austria Holdings B.V., Starbucks Trading G.K., Tata Starbucks Private Limited, Tazo L.L.C., Teavana, Teavana Puerto Rico LLC, The New French Bakery Inc., Torrefazione Italia LLC, Tympanum Inc., Xingran (Shanghai) Investment Partnership, and Xi’an Starbucks Coffee Company Limited.
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This page (NASDAQ:SBUX) was last updated on 4/16/2024 by MarketBeat.com Staff

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