Starbucks Stock Rises 0.011% to $94.20 on October 23, 2023

Starbucks Stock October 23, 2023

Starbucks Corporation (NASDAQ: SBUX) is a well-known global coffeehouse chain and one of the most recognizable brands in the world. As of October 23, 2023, Starbucks stock was trading at $94.20, with a minimal daily change of +$0.0100 (0.011%). After hours, the stock price slightly increased to $94.39, reflecting a 0.20% change.

The opening price for the day was $93.93, and the stock saw a daily high of $95.03 and a low of $93.29, demonstrating some intraday price volatility. Starbucks boasts a market capitalization of approximately $107.90 Billion, positioning it as a large-cap company in the stock market.

The price-to-earnings (P/E) ratio for Starbucks stands at 28.68, indicating the valuation of the company's stock relative to its earnings. Starbucks also offers a dividend yield of 2.42%, which can be appealing to income-focused investors seeking regular returns from their investment.

Over the past year, Starbucks' stock has seen a 52-week high of $115.48  and a 52-week low of $82.43. This wide range indicates some degree of price fluctuations over the year, potentially providing opportunities for investors to enter the market at different price levels.

In terms of trading volume, Starbucks has an average daily trading volume of 5.64 million shares, reflecting the stock's liquidity and popularity among investors. The company's strong brand presence and consistent financial performance have contributed to its high trading activity.

Key Points

Current Stock Price: $94.20

Daily Change: +$0.0100 (0.011%)

After Hours Price: $94.39  (+0.19 or 0.20%)

Opening Price: $93.93

Daily High: $95.03

Daily Low: $93.29

Market Capitalization: $107.90 billion

P/E Ratio: 28.68

Dividend Yield: 2.42%

52-Week High: $115.48

52-Week Low: $82.43