Q3 Earnings Estimate for Walmart Issued By DA Davidson

Key Points

• DA Davidson has issued a Q3 2026 EPS estimate of $0.59 for Walmart, maintaining a "Buy" rating and a target price of $117.00.
• Walmart's recent quarterly earnings report showed an EPS of $0.68, missing the consensus estimate of $0.74 and generating $169.34 billion in revenue.
• A dividend of $0.235 per share was recently declared, with a yield of 90.0%, to be payable on September 2nd.

Walmart Inc. (NYSE:WMT - Free Report) - Research analysts at DA Davidson issued their Q3 2026 EPS estimates for shares of Walmart in a research note issued on Friday, August 22nd. DA Davidson analyst M. Baker anticipates that the retailer will earn $0.59 per share for the quarter. DA Davidson currently has a "Buy" rating and a $117.00 target price on the stock. The consensus estimate for Walmart's current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Walmart's FY2026 earnings at $2.62 EPS.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company had revenue of $169.34 billion during the quarter, compared to analyst estimates of $174.02 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. The business's revenue was up 4.8% compared to the same quarter last year. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS.

Other equities research analysts also recently issued reports about the stock. Robert W. Baird upped their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Mizuho reaffirmed an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Wednesday, August 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $106.00 target price on shares of Walmart in a research note on Friday. Erste Group Bank raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Guggenheim reaffirmed a "buy" rating and set a $115.00 target price (up from $112.00) on shares of Walmart in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Walmart has an average rating of "Buy" and a consensus target price of $110.07.

Walmart Stock Performance

Shares of WMT stock opened at $96.8190 on Monday. The firm's 50 day moving average price is $97.99 and its 200-day moving average price is $95.53. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.23 and a current ratio of 0.79. Walmart has a one year low of $75.01 and a one year high of $105.30. The firm has a market cap of $772.66 billion, a P/E ratio of 36.40, a P/E/G ratio of 4.65 and a beta of 0.66.

Walmart Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date is Friday, August 15th. Walmart's payout ratio is 35.34%.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the transaction, the executive vice president owned 932,313 shares in the company, valued at $88,700,258.82. The trade was a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $98.30, for a total transaction of $216,260.00. Following the transaction, the executive vice president owned 626,118 shares of the company's stock, valued at $61,547,399.40. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 88,841 shares of company stock worth $8,565,205. Insiders own 0.10% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Access Investment Management LLC acquired a new position in shares of Walmart in the 2nd quarter valued at $26,000. Operose Advisors LLC boosted its holdings in shares of Walmart by 319.7% in the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares in the last quarter. PFS Partners LLC boosted its holdings in shares of Walmart by 267.8% in the 2nd quarter. PFS Partners LLC now owns 320 shares of the retailer's stock valued at $31,000 after buying an additional 233 shares in the last quarter. Ridgewood Investments LLC boosted its holdings in shares of Walmart by 55.3% in the 2nd quarter. Ridgewood Investments LLC now owns 323 shares of the retailer's stock valued at $32,000 after buying an additional 115 shares in the last quarter. Finally, Bear Mountain Capital Inc. boosted its holdings in shares of Walmart by 98.2% in the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock valued at $32,000 after buying an additional 167 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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