Walmart (WMT) Stock Price, News & Analysis

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 4 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" WMT shares.
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31 equities research analysts have issued 12-month target prices for Walmart's stock. Their WMT share price targets range from $157.00 to $210.00. On average, they predict the company's share price to reach $179.44 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price.
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Walmart's stock was trading at $157.65 at the beginning of the year. Since then, WMT stock has increased by 7.4% and is now trading at $169.37.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
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Walmart will be holding an earnings conference call on Tuesday, February 20th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Walmart Inc. (NYSE:WMT) posted its quarterly earnings data on Thursday, November, 16th. The retailer reported $1.53 earnings per share for the quarter, meeting the consensus estimate of $1.53. The retailer earned $160.80 billion during the quarter, compared to the consensus estimate of $159.65 billion. Walmart had a net margin of 2.55% and a trailing twelve-month return on equity of 21.20%. The business's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.50 earnings per share.
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Walmart announced a quarterly dividend on Friday, February 17th. Investors of record on Friday, August 11th will be given a dividend of $0.57 per share on Tuesday, September 5th. This represents a $2.28 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Thursday, August 10th.
Read our dividend analysis for WMT.

Walmart (NYSE:WMT) pays an annual dividend of $2.28 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 32.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.

ETFs with the largest weight of Walmart (NYSE:WMT) stock in their portfolio include VanEck Retail ETF (RTH), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC), iShares U.S. Consumer Focused ETF (IEDI), PGIM Jennison Focused Value ETF (PJFV), Pacer BioThreat Strategy ETF (VIRS) and iShares Global Consumer Staples ETF (KXI).

Walmart shares split on Monday, February 26th 2024. The 3-1 split was announced on Monday, February 26th 2024. The newly issued shares will be distributed to shareholders after the closing bell on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Walmart declared that its board has approved a share buyback program on Tuesday, November 15th 2022, which allows the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

Walmart updated its FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share guidance of 6.40-6.48 for the period, compared to the consensus earnings per share estimate of $6.50. The company issued revenue guidance of +5.0-5.5% yr/yr to $641.6-644.6 billion, compared to the consensus revenue estimate of $642.32 billion.

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.

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).

Walmart's stock is owned by a number of institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.39%), Fisher Asset Management LLC (0.35%), California Public Employees Retirement System (0.26%), Dimensional Fund Advisors LP (0.19%), Swiss National Bank (0.17%) and Raymond James & Associates (0.17%). Insiders that own company stock include Alice L Walton, Alice L Walton, Bernhard E Spiess, 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, Randall L Stephenson and S Robson Walton.
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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.
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