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The stock price had mostly retained its Aug. 13 gains, a sign of optimism that investors were looking forward to the fourth-quarter and full fiscal 2024 report on Oct. 30, rather than dreading it.
Consistent and sizable dividend raises paired with a languishing stock price have boosted Starbucks' yield to 2.7% -- which is considerably higher than the S&P 500's dividend yield of 1.2%.
Shares of coffee giant Starbucks (NASDAQ: SBUX) popped on Wednesday after the company reported financial results for its fiscal first quarter of 2025 -- the first quarter of its hopeful turnaround.
Starbucks stock could come alive as 2025 moves along, one Wall Street restaurant analyst contends. ... The average sell-side price target on Starbucks is currently $103, Yahoo Finance data shows.
Data source: Starbucks. Starbucks' 2023 fiscal year ended Oct. 1, 2023. ... The drop in stock price has only increased the stock's attractiveness as a value-oriented opportunity.
The share price has surged roughly 30% over the past month. With that gain in the rear-view mirror, is it too late to get back into Starbucks stock? ... SBUX EV to Revenues data by YCharts ...
Following the news, Starbucks' stock price rose nearly 7% after market close, having fallen more than 21% in the past year. On Monday, shares opened lower, down roughly 3%.
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