Should I buy or sell Walmart stock right now?

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 3 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WMT shares. View WMT analyst ratings or view top-rated stocks .

What is Walmart's stock price target for 2024?

30 brokerages have issued 1 year price objectives for Walmart's shares. Their WMT share price targets range from $55.00 to $81.00. On average, they anticipate the company's share price to reach $69.94 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View analysts price targets for WMT or view top-rated stocks among Wall Street analysts .

How have WMT shares performed in 2024?

Walmart's stock was trading at $52.55 on January 1st, 2024. Since then, WMT shares have increased by 28.6% and is now trading at $67.60. View the best growth stocks for 2024 here .

Are investors shorting Walmart?

Walmart saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 43,290,000 shares, an increase of 27.6% from the April 30th total of 33,930,000 shares. Based on an average daily volume of 17,670,000 shares, the short-interest ratio is currently 2.4 days. View Walmart's Short Interest .

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024. View our WMT earnings forecast .

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) issued its quarterly earnings data on Thursday, May, 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.08. The retailer had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a trailing twelve-month return on equity of 21.57% and a net margin of 2.88%. The business's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 earnings per share. Read the conference call transcript .

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

Walmart declared a quarterly dividend on Monday, February 26th. Stockholders of record on Friday, December 13th will be given a dividend of $0.2075 per share on Monday, January 6th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, December 13th. Read our dividend analysis for WMT .

Is Walmart a good dividend stock?

Walmart (NYSE:WMT) pays an annual dividend of $0.83 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 31.20% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WMT .

What ETFs hold Walmart's stock?

ETFs with the largest weight of Walmart (NYSE:WMT) stock in their portfolio include Consumer Staples Select Sector SPDR Fund (XLP) , Fidelity MSCI Consumer Staples Index ETF (FSTA) , Vanguard Consumer Staples ETF (VDC) , ProShares Ultra Consumer Staples (UGE) , VanEck Retail ETF (RTH) , PGIM Jennison Focused Value ETF (PJFV) , iShares U.S. Consumer Focused ETF (IEDI) and Simplify NEXT Intangible Core Index ETF (NXTI) .

When did Walmart's stock split?

Shares of Walmart split on the morning of Monday, February 26th 2024. The 3-1 split was announced on Tuesday, January 30th 2024. The newly minted shares were payable to shareholders after the market closes on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

How will Walmart's stock buyback program work?

Walmart announced that its board has initiated a stock repurchase plan on Tuesday, November 15th 2022, which permits the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

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

Walmart updated its second quarter earnings guidance on Thursday, May, 16th. The company provided EPS guidance of $0.62-0.65 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of +3.5-4.5% yr/yr to $167.29-168.58 billion, compared to the consensus revenue estimate of $167.62 billion.

What is Doug McMillon's approval rating as Walmart's CEO?

8,426 employees have rated Walmart Chief Executive Officer Doug McMillon on Glassdoor.com . Doug McMillon has an approval rating of 69% among the company's employees. 57.0% of employees surveyed would recommend working at Walmart to a friend.

What other stocks do shareholders of Walmart own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Walmart investors own include Johnson & Johnson (JNJ) , NVIDIA (NVDA) , Walt Disney (DIS) , Intel (INTC) , AT&T (T) , Alibaba Group (BABA) , Home Depot (HD) , Verizon Communications (VZ) , Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM) .

Who are Walmart's major shareholders?

Walmart's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.11%), Price T Rowe Associates Inc. MD (0.71%), Bank of New York Mellon Corp (0.36%), Raymond James & Associates (0.17%), Swiss National Bank (0.17%) and Sumitomo Mitsui Trust Holdings Inc. (0.16%). Insiders that own company stock include Alice L Walton, Alice L Walton , Bradley D Owens, C Douglas Mcmillon , Daniel J Bartlett , David Chojnowski , Jim C Walton, Jim C Walton , John D Rainey , John R Furner , Judith J Mckenna , M Brett Biggs , Rachel L Brand , S Robson Walton and Timothy Patrick Flynn . View institutional ownership trends .

How do I buy shares of Walmart?

Shares of WMT 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 Walmart have any subsidiaries?

The following companies are subsidiares of Walmart: ASDA Group, ASDA Group Limited, Art.com, Asda, Aspectiva, Bare Necessities, BigTrade, Bompreço, Bonobos, CareZone, Cifra, Cornershop, Distribucion y Servicio, Eloquii, Flipkart, Flipkart Private Limited, FloCare, Jet.com, Massmart, Massmart Holdings Ltd, ModCloth, Moosejaw, Moosejaw Mountaineering, Parcel, Polymorph Labs, Reclip.It, Sam's East, Sam's East Inc., Sam's Property Company, Sam's Real Estate Business Trust, Sam's West, Sam's West Inc., Seiyu Group, Shoes.com, Vudu, Wal-Mart Canada, Wal-Mart Canada Corp., Wal-Mart Japan, Wal-Mart Japan Holdings K.K., Wal-Mart Property Company, Wal-Mart Real Estate Business Trust, Wal-Mart Stores East, Wal-Mart Stores East LP, Wal-Mart Stores Texas, Wal-Mart Stores Texas LLC, Wal-Mart de Mexico, Wal-Mart de Mexico S.A.B. de C.V., Walmart Chile, Walmart Chile S.A., Wim Yogurt, and Yihaodian. Read More

Followed 104 TimesTop Followed Top-Rated StocksTop-Rated Most-Upgraded StocksMost-Upgraded

NYSE:WMT

Walmart (WMT) Stock Price, News & Analysis

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$67.60

+0.18 (+0.27%)

(As of 06/18/2024 ET)

Compare

Today's Range: $67.30
▼
$67.87
50-Day Range: $58.84
▼
$67.60
52-Week Range: $49.85
▼
$67.87

Volume: 12.06 million shs
Average Volume: 14.15 million shs
Market Capitalization: $543.74 billion

P/E Ratio: 28.93
Dividend Yield: 1.23%
Price Target: $69.94

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Walmart MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.90 Rating Score
Upside/Downside: 3.5% Upside
$69.94 Price Target
Short Interest: Healthy
0.50% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.08
Upright™ Environmental Score
News Sentiment: 0.64
Based on 54 Articles This Week
Insider Trading: Selling Shares
$950.55 M Sold Last Quarter
Proj. Earnings Growth: 9.92%
From $2.42 to $2.66 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.

4.63 out of 5 stars

Retail/Wholesale Sector

28th out of 192 stocks

Variety Stores Industry

5th out of 11 stocks

2.5

Analyst's Opinion

Consensus Rating
Walmart has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 27 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Walmart has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Walmart's stock forecast and price target.

5.0

Short Interest

Percentage of Shares Shorted
0.50% of the outstanding shares of Walmart have been sold short.
Short Interest Ratio / Days to Cover
Walmart has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Walmart has recently decreased by 7.67%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Walmart pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Walmart has been increasing its dividend for 52 years.
Dividend Coverage
The dividend payout ratio of Walmart is 35.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Walmart will have a dividend payout ratio of 31.20% next year. This indicates that Walmart will be able to sustain or increase its dividend.
Read more about Walmart's dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Walmart has received a -11.42% net impact score from Upright. The largest negative impact of Walmart in category "GHG emissions" seems to be driven mostly by its "Physical retail of vehicle chemicals at a hypermarket", "Physical retail of vehicle chemicals at a discount store", "Physical retail of dairy products at a hypermarket", "Physical retail of dairy products at a discount store", "Physical retail of bicycles at a discount store", and "Physical retail of processed meat products at a hypermarket" products. See details.
Environmental Sustainability
The Environmental Impact score for Walmart is -2.08.

2.6

News and Social Media Coverage

News Sentiment
Walmart has a news sentiment score of 0.64. 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 0.78 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 54 news articles for Walmart this week, compared to 41 articles on an average week.
Search Interest
Only 147 people have searched for WMT on MarketBeat in the last 30 days. This is a decrease of -1% compared to the previous 30 days.
MarketBeat Follows
101 people have added Walmart to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Walmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $950,549,592.00 in company stock.
Percentage Held by Insiders
45.58% of the stock of Walmart is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 26.76% of the stock of Walmart is held by institutions.
Read more about Walmart's insider trading history.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Walmart are expected to grow by 9.92% in the coming year, from $2.42 to $2.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Walmart is 28.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walmart is 28.93, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.47.
Price to Earnings Growth Ratio
Walmart has a PEG Ratio of 3.87. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Walmart has a P/B Ratio of 6.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Walmart's valuation and earnings.

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About Walmart Stock (NYSE:WMT)

Walmart Inc. is the world’s biggest company by revenue and its largest employer with over 2.2 million globally. It is a general merchandise discount retailer founded in 1962 by Sam Walton and remains a very tightly-held family-owned company to this day. At last look, the Walton family and its heirs owned more than 50% of the company through the family-holding company Walton Enterprises and individual holdings. As of October 2022, the company operated nearly 10,600 stores in 24 countries under 46 different banners. For example, Walmart de Mexico is the Mexican branch while Flipkart Wholesale is the company’s operations in India.

Sam Walton began his crusade to undercut retail competitors began in the early 1950s. He opened the first Wal-Mart Discount City store in 1962 and was able to leverage the brand to great success. It became a publicly traded company in 1972 and was the US's most profitable retailer by 1988. The chain went nationwide in the early 1990s and expanded to international markets soon after that. While the company has seen some success outside the US, those remain limited, and the US is the primary market and produces well over 60% of the revenue and earnings.

Today, the company operates through three segments that include Walmart U.S., Walmart International, and Sam's Club. The stores offer groceries, health, beauty, apparel, footwear, household, furniture, automotive, electronics and recreational products among others. In addition, the company offers a wide variety of ancillary services that include automotive repair, tire change, vision/eyeglass services and financial services that include gift cards, prepaid wireless, check cashing and money transfers. Sam’s Club, launched in 1989, is the company’s membership club brand. It is the second-largest membership club in North America and about 12% of Walmart’s total revenue.

Walmart is a Dividend Aristocrat with nearly 50 years of consecutive annual dividend increases to its credit. Based on the 2022 financial metrics, the company is capable of sustaining another several decades of increases at a low single-digit pace. Once a laggard in ESG, Walmart is now a leader in environmental, social, and governance issues. The company’s efforts include increasing the efficiency of its truck and vehicle fleets to include the upgrade to electrification or hydrogen fuel cells. In terms of hydrogen fuel cell vehicles alone, the company had upgraded more than 9,500 of its warehouse and facility service machines to fuel cells as of mid-2022 and was also working to electrify its vehicle fleets.

Written by Jeffrey Neal Johnson

WMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WMT Stock News Headlines

June 15, 2024 | insidertrades.com

John R. Furner Sells 13,125 Shares of Walmart Inc. (NYSE:WMT) Stock

June 15, 2024 | insidertrades.com

Walmart Inc. (NYSE:WMT) Major Shareholder Sells $82,910,840.61 in Stock

June 19, 2024 | Weiss Ratings (Ad)

Radical change coming — do this NOW to protect yourself

June 15, 2024 | marketbeat.com

MarketBeat Week in Review – 6/10 - 6/14 (WMT)

Markets pulled back to end the week, but investors are climbing the wall of worry despite higher-for-longer interest rates and lingering recession concerns

June 13, 2024 | marketbeat.com

Here's Why Analysts Boosted Walmart Stock's Valuation (WMT)

After Walmart delivered double-digit growth last quarter, analysts at HSBC think the stock's ceiling could be higher than its recent all-time high

June 13, 2024 | marketbeat.com

Here's Why Analysts Boosted Walmart Stock's Valuation

Shares of Walmart Inc. NYSE: WMT are reaching a new all-time high this week after analysts at HSBC decided to boost their price targets on the stock higher. Seeing the company's valuation as high as $81 a share, daring the stock to rally by an additional 22.2% from its already elevated levels today.

June 13, 2024 | insidertrades.com

Insider Selling: Walmart Inc. (NYSE:WMT) Major Shareholder Sells 40,974 Shares of Stock

June 8, 2024 | insidertrades.com

Insider Selling: Walmart Inc. (NYSE:WMT) Major Shareholder Sells 1,250,000 Shares of Stock

June 19, 2024 | Weiss Ratings (Ad)

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June 6, 2024 | insidertrades.com

Insider Selling: Walmart Inc. (NYSE:WMT) EVP Sells 25,578 Shares of Stock

June 4, 2024 | marketbeat.com

Kohl’s EPS Results Disappoint, Impacting Investor Confidence (WMT)

Department store operator Kohl’s Co. (NYSE: KSS) shocked investors by reporting a loss of 24 cents versus expectations of a profit of 5 cents in Q1

June 1, 2024 | insidertrades.com

S Robson Walton Sells 1,562,239 Shares of Walmart Inc. (NYSE:WMT) Stock

June 18 at 5:20 PM | fool.com

Who Owns the Most Walmart Stock Besides Jim Walton?

June 18 at 12:34 PM | globenewswire.com

Blender Bites Expands Distribution at Walmart Canada with the Addition of Over 100 Stores

June 18 at 11:00 AM | globenewswire.com

Fire Department Coffee to Arrive on Walmart Shelves

June 18 at 7:57 AM | investorplace.com

3 Dividend Dynamos to Turbocharge Your Income Stream for Life

June 18 at 6:40 AM | investorplace.com

3 Consumer Stocks to Buy Now: June 2024

June 18 at 2:30 AM | barrons.com

How Walmart Stock Can Predict the Next Recession

June 17 at 4:36 PM | investorplace.com

Wall Street Favorites: 3 Dow Stocks With Strong Buy Ratings for June 2024

June 17 at 3:48 PM | investorplace.com

3 Cheap Tech Stocks That Could Be the Next Big Thing

June 17 at 2:10 PM | americanbankingnews.com

Walmart (NYSE:WMT) Trading Down 0.3% on Insider Selling

June 17 at 6:07 AM | investorplace.com

Time to Spare? 3 Safe Stocks to Buy and Hold for the Long Term

June 16 at 6:20 AM | fool.com

Will Walmart Reach a Trillion-Dollar Market Cap by 2030?

June 15, 2024 | americanbankingnews.com

Walmart Inc. (NYSE:WMT) Major Shareholder S Robson Walton Sells 1,244,347 Shares

June 15, 2024 | americanbankingnews.com

Walmart Inc. (NYSE:WMT) EVP John R. Furner Sells 13,125 Shares of Stock

June 15, 2024 | americanbankingnews.com

Brokerages Set Walmart Inc. (NYSE:WMT) Price Target at $69.94

June 15, 2024 | americanbankingnews.com

Walmart (NYSE:WMT) Stock Price Down 0.2% After Insider Selling

See More Headlines

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Company Calendar

Ex-Dividend for 4/1 Dividend: 3/14/2024
Dividend Payable: 4/01/2024
Ex-Dividend for 5/28 Dividend: 5/09/2024
Last Earnings: 5/16/2024
Dividend Payable: 5/28/2024
Today: 6/18/2024
Next Earnings (Estimated): 8/15/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Variety stores
Sub-Industry: Hypermarkets & Super Centers
Current Symbol: NYSE:WMT
CUSIP: 93114210
CIK: 104169
Web: www.stock.walmart.com
Phone: (479) 273-4000
Fax: 479-277-1830
Employees: 2,100,000
Year Founded: 1962

Price Target and Rating

Average Stock Price Target: $69.94
High Stock Price Target: $81.00
Low Stock Price Target: $55.00
Potential Upside/Downside: +3.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.90
Research Coverage: 30 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.34
Trailing P/E Ratio: 28.93
Forward P/E Ratio: 27.93
P/E Growth: 3.87
Net Income: $15.51 billion
Net Margins: 2.88%
Pretax Margin: 3.98%
Return on Equity: 21.57%
Return on Assets: 7.38%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 0.80
Quick Ratio: 0.23

Sales & Book Value

Annual Sales: $657.33 billion
Price / Sales: 0.83
Cash Flow: $3.72 per share
Price / Cash Flow: 18.15
Book Value: $11.19 per share
Price / Book: 6.04

Miscellaneous

Outstanding Shares: 8,043,543,000
Free Float: 4,377,296,000
Market Cap: $543.74 billion
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. C. Douglas McMillon (Age 58)
President, CEO & Director
Comp: $6.23M
Mr. John David Rainey (Age 53)
Executive VP & CFO
Comp: $4.11M
Mr. Suresh Kumar (Age 58)
Global CTO, Chief Development Officer & Executive VP
Comp: $3.66M
Mr. John R. Furner (Age 49)
Executive VP, CEO & President of Walmart US
Comp: $4.53M
Ms. Kathryn J. McLay (Age 49)
Executive VP, President & CEO of Walmart International,
Comp: $3.34M
Mr. Christopher Nicholas (Age 46)
Executive VP, President & CEO of Sam's Club U.S.
Comp: $2.3M
Ms. Stephanie Wissink
Senior Vice President of Investor Relations
Ms. Rachel L. Brand (Age 49)
Executive VP of Global Governance, Chief Legal Officer & Corporate Secretary
Mr. Matthew Miner
Executive VP and Global Chief Ethics & Compliance Officer
Ms. Allyson Park
Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Walmart Stock? WMT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Walmart:

Walmart's strong financial performance, with consistent revenue growth and profitability, provides stability and potential for long-term returns. The company's ability to generate revenue and maintain healthy profit margins is attractive to investors.
Walmart's dividend yield and history of dividend growth make it an appealing choice for income investors. The company's consistent dividend payments reflect its financial strength and commitment to returning value to shareholders.
Walmart's competitive positioning in the retail industry, with a vast network of stores and strong e-commerce presence, offers resilience against market fluctuations and potential for continued growth.
Recent strategic investments in technology and e-commerce initiatives demonstrate Walmart's commitment to innovation and adapting to changing consumer preferences, positioning the company for future growth and competitiveness.
Walmart's stock price stability and liquidity make it an attractive option for investors seeking a reliable and easily tradable investment in the retail sector.

Cons

Investors should be bearish about investing in Walmart for these reasons:

Concerns about increasing competition in the retail sector, particularly from e-commerce giants like Amazon, could impact Walmart's market share and profitability in the long term.
Potential regulatory challenges and scrutiny related to Walmart's market dominance and labor practices may pose risks to the company's operations and reputation, affecting investor sentiment.
Fluctuations in consumer spending patterns and economic conditions could impact Walmart's sales performance and profitability, leading to uncertainty for investors relying on stable revenue streams.
Environmental, social, and governance (ESG) risks, such as sustainability practices and labor issues, could affect Walmart's brand image and investor confidence, especially as ESG considerations gain prominence in investment decisions.
Market volatility and macroeconomic factors, such as interest rate changes and global trade tensions, may influence Walmart's stock price and overall performance, creating challenges for investors seeking consistent returns.

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, June 8, 2024. Please send any questions or comments about these Walmart pros and cons to contact@marketbeat.com.

WMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Walmart stock right now?: 30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 3 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WMT shares.
View WMT analyst ratings or view top-rated stocks.
What is Walmart's stock price target for 2024?: 30 brokerages have issued 1 year price objectives for Walmart's shares. Their WMT share price targets range from $55.00 to $81.00. On average, they anticipate the company's share price to reach $69.94 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for WMT or view top-rated stocks among Wall Street analysts.
How have WMT shares performed in 2024?: Walmart's stock was trading at $52.55 on January 1st, 2024. Since then, WMT shares have increased by 28.6% and is now trading at $67.60.
View the best growth stocks for 2024 here.
Are investors shorting Walmart?: Walmart saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 43,290,000 shares, an increase of 27.6% from the April 30th total of 33,930,000 shares. Based on an average daily volume of 17,670,000 shares, the short-interest ratio is currently 2.4 days.
View Walmart's Short Interest.
When is Walmart's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our WMT earnings forecast.
How were Walmart's earnings last quarter?: Walmart Inc. (NYSE:WMT) issued its quarterly earnings data on Thursday, May, 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.08. The retailer had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a trailing twelve-month return on equity of 21.57% and a net margin of 2.88%. The business's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 earnings per share.
Read the conference call transcript.
How often does Walmart pay dividends? What is the dividend yield for Walmart?: Walmart declared a quarterly dividend on Monday, February 26th. Stockholders of record on Friday, December 13th will be given a dividend of $0.2075 per share on Monday, January 6th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Friday, December 13th.
Read our dividend analysis for WMT.
Is Walmart a good dividend stock?: Walmart (NYSE:WMT) pays an annual dividend of $0.83 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 31.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.
What ETFs hold Walmart's stock?: ETFs with the largest weight of Walmart (NYSE:WMT) stock in their portfolio include Consumer Staples Select Sector SPDR Fund (XLP), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC), ProShares Ultra Consumer Staples (UGE), VanEck Retail ETF (RTH), PGIM Jennison Focused Value ETF (PJFV), iShares U.S. Consumer Focused ETF (IEDI) and Simplify NEXT Intangible Core Index ETF (NXTI).

When did Walmart's stock split?: Shares of Walmart split on the morning of Monday, February 26th 2024. The 3-1 split was announced on Tuesday, January 30th 2024. The newly minted shares were payable to shareholders after the market closes on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
How will Walmart's stock buyback program work?: Walmart announced that its board has initiated a stock repurchase plan on Tuesday, November 15th 2022, which permits the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.
What guidance has Walmart issued on next quarter's earnings?: Walmart updated its second quarter earnings guidance on Thursday, May, 16th. The company provided EPS guidance of $0.62-0.65 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of +3.5-4.5% yr/yr to $167.29-168.58 billion, compared to the consensus revenue estimate of $167.62 billion.
What is Doug McMillon's approval rating as Walmart's CEO?: 8,426 employees have rated Walmart Chief Executive Officer Doug McMillon on Glassdoor.com. Doug McMillon has an approval rating of 69% among the company's employees. 57.0% of employees surveyed would recommend working at Walmart to a friend.
What other stocks do shareholders of Walmart own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Walmart investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), AT&T (T), Alibaba Group (BABA), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).
Who are Walmart's major shareholders?: Walmart's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.11%), Price T Rowe Associates Inc. MD (0.71%), Bank of New York Mellon Corp (0.36%), Raymond James & Associates (0.17%), Swiss National Bank (0.17%) and Sumitomo Mitsui Trust Holdings Inc. (0.16%). Insiders that own company stock include Alice L Walton, Alice L Walton, Bradley D Owens, C Douglas Mcmillon, Daniel J Bartlett, David Chojnowski, Jim C Walton, Jim C Walton, John D Rainey, John R Furner, Judith J Mckenna, M Brett Biggs, Rachel L Brand, S Robson Walton and Timothy Patrick Flynn.
View institutional ownership trends.
How do I buy shares of Walmart?: Shares of WMT 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 Walmart have any subsidiaries?: The following companies are subsidiares of Walmart: ASDA Group, ASDA Group Limited, Art.com, Asda, Aspectiva, Bare Necessities, BigTrade, Bompreço, Bonobos, CareZone, Cifra, Cornershop, Distribucion y Servicio, Eloquii, Flipkart, Flipkart Private Limited, FloCare, Jet.com, Massmart, Massmart Holdings Ltd, ModCloth, Moosejaw, Moosejaw Mountaineering, Parcel, Polymorph Labs, Reclip.It, Sam's East, Sam's East Inc., Sam's Property Company, Sam's Real Estate Business Trust, Sam's West, Sam's West Inc., Seiyu Group, Shoes.com, Vudu, Wal-Mart Canada, Wal-Mart Canada Corp., Wal-Mart Japan, Wal-Mart Japan Holdings K.K., Wal-Mart Property Company, Wal-Mart Real Estate Business Trust, Wal-Mart Stores East, Wal-Mart Stores East LP, Wal-Mart Stores Texas, Wal-Mart Stores Texas LLC, Wal-Mart de Mexico, Wal-Mart de Mexico S.A.B. de C.V., Walmart Chile, Walmart Chile S.A., Wim Yogurt, and Yihaodian.
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This page (NYSE:WMT) was last updated on 6/19/2024 by MarketBeat.com Staff

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