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Walt Disney (DIS) Stock Price, News & Analysis

$101.50
-0.02 (-0.02%)
(As of 06/18/2024 ET)
Today's Range
$100.61
$101.76
50-Day Range
$99.96
$117.19
52-Week Range
$78.73
$123.74
Volume
7.03 million shs
Average Volume
11.49 million shs
Market Capitalization
$185.04 billion
P/E Ratio
110.33
Dividend Yield
0.30%
Price Target
$126.29

Walt Disney MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
24.4% Upside
$126.29 Price Target
Short Interest
Healthy
0.97% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.76mentions of Walt Disney in the last 14 days
Based on 44 Articles This Week
Insider Trading
Acquiring Shares
$2.12 M Bought Last Quarter
Proj. Earnings Growth
14.29%
From $4.76 to $5.44 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.

4.86 out of 5 stars

Consumer Discretionary Sector

8th out of 267 stocks

Miscellaneous Amusement & Recreation Services Industry

2nd out of 17 stocks

DIS stock logo

About Walt Disney Stock (NYSE:DIS)

The Walt Disney Company is the world’s second-largest entertainment company by revenue and market cap. It is built on the work of Walt Disney, a revolutionary entertainer and cartoon innovator, and is now a multinational conglomerate of entertainment venues, channels, and brands. The company was founded in 1923 as the Disney Brothers Studio and operated under several other names before being branded as The Walt Disney Company in 1986.

The company is based in Walt Disney Studios, Burbank, California, and is best known for its work in animation and for creating the character Mickey Mouse. Over the years, the company expanded into live-action movies, theme parks, and even new corporate divisions such as Pixar, Marvel, and Lucasfilm. The new divisions provided new avenues for growth that helped accelerate the company’s business to a record high revenue near $85 billion in F2022.

Among the many innovations, are its work with technicolor and multiplane motion picture cameras. These advances were used throughout the groundbreaking Silly Symphonies series which featured animated shorts set to music.

Today, The Walt Disney Company, through a network of subsidiaries, operates as an entertainment company worldwide. The company operates through two segments; Disney Media and Entertainment Distribution and Disney Parks, Experiences, and Products creating long-lasting memories for children of all ages. In total, the company has earned 135 Oscars including 32 awarded directly to Walt himself and is said to have created many of the most loved and enduring films of all time as well as revolutionizing the theme park industry.

Disney Media and Entertainment Distribution is focused on the film and television production and distribution industries including the operation of television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands. The company’s studios produce major motion pictures and content for its channels and digital streaming services under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. This segment also hosts streaming services including but not limited to Disney+, ESPN+, Hulu, and Star+ as well as post-production services by Industrial Light & Magic and Skywalker Sound.

The Disney Parks, Experiences, and Products segment includes a network of theme parks, resorts, and cruises under the Walt Disney World and Disneyland banners. Parks include the flagship Walt Disney World in Florida, Disneyland Paris, and Hong Kong Disneyland Resort. Guests can also enjoy themed vacations under the National Geographic banner and others. This segment also provides a wide range of licensed and branded themed products based on each of its many franchises.



DIS Stock Price History

DIS Stock News Headlines

Financial markets news icon
Autodesk, Walt Disney rise; AMC Networks, Dycom fall, Monday, 6/17/2024
Stocks that are trading heavily or have substantial price changes on Monday: Autodesk, Walt Disney rise; AMC Networks, Dycom fall
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Is the Disney Stock Sell-Off a Prime Buying Opportunity?
Entertainment powerhouse The Walt Disney Co. NYSE: DIS has already had a drama-filled year. CEO Bob Iger had to fend off a proxy battle for board seats with billionaire activist investor Nelson Peltz and his Trian Fund.
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After striking partnerships with trillion-dollar chipmaker NVIDIA... ARM surged over 60% in a week... Who's next?
Walt Disney Company DIS logo on smartphone with stock market background
Is the Disney Stock Sell-Off a Prime Buying Opportunity?
Entertainment powerhouse The Walt Disney Co. (NYSE: DIS) has already had a drama-filled year. CEO Bob Iger had to fend off a proxy battle for board seats
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Netflix Stock: Can Bundling with Competitors Drive Shares Higher? (DIS)
Netflix Inc. (NASDAQ: NFLX) is the world's largest subscription-based streaming entertainment service. The company provides its services in over 190 countries
Alamo Drafthouse Cinema is pictured on Wednesday, October 11, 2023, in New York
Sony Pictures acquires Alamo Drafthouse Cinema
Sony Pictures Entertainment is getting into the exhibition business
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AMC Stock's Rally: The Hidden Truth and Why It’s Temporary
AMC is another meme stock reporting weak financials and an unjustified stock price today, but it looks like it won't last as long as it did back in 2021
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AMC Entertainment: Time to Take Step Back Into This Meme Stock? (DIS)
The world's largest cinema operator, AMC Entertainment Holdings Inc. (NYSE: AMC), has already had a rollercoaster year, spiking over 300% in a matter of days.
Historic NVIDIA partnership could send this tiny AI stock soaring...
After striking partnerships with trillion-dollar chipmaker NVIDIA... ARM surged over 60% in a week... Who's next?
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Sportradar Rides the Sports Betting Trend From Behind the Curtain (DIS)
Investors have been pouring into sports betting stocks, but they may be missing out on Sportradar Group which is the engine that drives the industry
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Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms
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Disney Shareholders Continue To Suffer
Is It Too Late to Buy Disney Stock?
Walt Disney (NYSE:DIS) Stock Price Down 0.5%
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
6/18/2024
Ex-Dividend for 7/25 Dividend
7/08/2024
Dividend Payable
7/25/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Movies & Entertainment
CUSIP
25468710
Employees
225,000
Year Founded
1923

Price Target and Rating

Average Stock Price Target
$126.29
High Stock Price Target
$145.00
Low Stock Price Target
$76.00
Potential Upside/Downside
+24.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
Research Coverage
25 Analysts

Profitability

Net Income
$2.35 billion
Pretax Margin
4.93%

Debt

Sales & Book Value

Annual Sales
$88.90 billion
Cash Flow
$7.01 per share
Book Value
$58.37 per share

Miscellaneous

Outstanding Shares
1,823,040,000
Free Float
1,821,220,000
Market Cap
$185.04 billion
Optionable
Optionable
Beta
1.40

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Should I Buy Walt Disney Stock? DIS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Walt Disney Company:

  • Disney+ streaming service continues to gain subscribers rapidly, boosting revenue and diversifying Disney's business model.
  • The successful launch of new attractions like Star Wars: Galaxy's Edge at Disney theme parks drives increased foot traffic and consumer spending.
  • Disney's strong intellectual property portfolio, including Marvel, Star Wars, and Pixar, provides a competitive edge in content creation and licensing.
  • Recent acquisitions, such as 21st Century Fox assets, expand Disney's content library and market reach, enhancing long-term growth potential.
  • Disney's stock price has shown resilience during market downturns, indicating stability and investor confidence.

Cons

Investors should be bearish about investing in The Walt Disney Company for these reasons:

  • The ongoing impact of the COVID-19 pandemic on Disney's theme parks and theatrical releases may continue to hinder financial performance in the short term.
  • Increasing competition in the streaming industry could pressure Disney's margins and require significant investments in content production and marketing.
  • Rising content production costs and unpredictable box office performance pose risks to Disney's profitability, especially in the film segment.
  • Potential regulatory challenges related to antitrust concerns following major acquisitions could lead to increased scrutiny and operational restrictions.
  • Fluctuations in consumer discretionary spending patterns during economic downturns may affect Disney's revenue streams, particularly in non-essential entertainment sectors.
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 Thursday, June 6, 2024. Please send any questions or comments about these Walt Disney pros and cons to contact@marketbeat.com.

DIS Stock Analysis - Frequently Asked Questions

Should I buy or sell Walt Disney stock right now?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walt Disney in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DIS shares.
View DIS analyst ratings
or view top-rated stocks.

What is Walt Disney's stock price target for 2024?

25 equities research analysts have issued 12 month price objectives for Walt Disney's stock. Their DIS share price targets range from $76.00 to $145.00. On average, they predict the company's share price to reach $126.29 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price.
View analysts price targets for DIS
or view top-rated stocks among Wall Street analysts.

How have DIS shares performed in 2024?

Walt Disney's stock was trading at $90.29 at the start of the year. Since then, DIS stock has increased by 12.4% and is now trading at $101.50.
View the best growth stocks for 2024 here
.

Are investors shorting Walt Disney?

Walt Disney saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 17,750,000 shares, a decrease of 12.7% from the May 15th total of 20,330,000 shares. Based on an average daily trading volume, of 10,550,000 shares, the short-interest ratio is presently 1.7 days.
View Walt Disney's Short Interest
.

When is Walt Disney's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our DIS earnings forecast
.

How were Walt Disney's earnings last quarter?

The Walt Disney Company (NYSE:DIS) issued its quarterly earnings results on Tuesday, May, 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. The entertainment giant earned $22.08 billion during the quarter, compared to analysts' expectations of $22.12 billion. Walt Disney had a trailing twelve-month return on equity of 8.37% and a net margin of 1.90%. The company's revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.93 EPS.
Read the conference call transcript
.

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

Walt Disney declared a semi-annual dividend on Wednesday, February 7th. Shareholders of record on Monday, July 8th will be paid a dividend of $0.45 per share on Thursday, July 25th. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th.
Read our dividend analysis for DIS
.

Is Walt Disney a good dividend stock?

Walt Disney (NYSE:DIS) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.30%. The dividend payout ratio is 32.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DIS will have a dividend payout ratio of 5.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DIS.

What guidance has Walt Disney issued on next quarter's earnings?

Walt Disney updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 4.700-4.700 for the period, compared to the consensus estimate of 4.370. The company issued revenue guidance of -.

What is Bob Chapek's approval rating as Walt Disney's CEO?

380 employees have rated Walt Disney Chief Executive Officer Bob Chapek on Glassdoor.com. Bob Chapek has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Walt Disney own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Walt Disney investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Visa (V), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Who are Walt Disney's major shareholders?

Walt Disney's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.38%), Bank of New York Mellon Corp (0.73%), Jennison Associates LLC (0.66%), Price T Rowe Associates Inc. MD (0.66%), Capital World Investors (0.34%) and Swiss National Bank (0.30%). Insiders that own company stock include Amy Chang, Brent Woodford, Christine M Mccarthy, James P Gorman, Robert A Chapek, Sonia L Coleman and Sonia L Coleman.
View institutional ownership trends
.

How do I buy shares of Walt Disney?

Shares of DIS 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.

This page (NYSE:DIS) was last updated on 6/19/2024 by MarketBeat.com Staff

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