Walt Disney (DIS) Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walt Disney in the last twelve months. There are currently 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DIS shares.
View DIS analyst ratings or view top-rated stocks.

19 equities research analysts have issued 12 month target prices for Walt Disney's shares. Their DIS share price forecasts range from $94.00 to $177.00. On average, they anticipate the company's stock price to reach $124.65 in the next year. This suggests a possible upside of 41.2% from the stock's current price.
View analysts price targets for DIS or view top-rated stocks among Wall Street analysts.

Walt Disney's stock was trading at $86.88 on January 1st, 2023. Since then, DIS stock has increased by 1.6% and is now trading at $88.29.
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Walt Disney saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 24,190,000 shares, an increase of 33.4% from the April 30th total of 18,140,000 shares. Based on an average trading volume of 10,390,000 shares, the days-to-cover ratio is presently 2.3 days.
View Walt Disney's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our DIS earnings forecast.

The Walt Disney Company (NYSE:DIS) released its earnings results on Wednesday, May, 10th. The entertainment giant reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.04. The entertainment giant earned $21.82 billion during the quarter, compared to analyst estimates of $21.82 billion. Walt Disney had a net margin of 4.74% and a trailing twelve-month return on equity of 6.41%. During the same quarter last year, the firm earned $1.08 EPS.
Read the conference call transcript.

ETFs with the largest weight of Walt Disney (NYSE:DIS) stock in their portfolio include Invesco NASDAQ Internet ETF (PNQI), Vanguard Communication Services ETF (VOX), Fidelity MSCI Communication Services Index ETF (FCOM), ALPS Global Travel Beneficiaries ETF (JRNY), First Trust S-Network Streaming and Gaming ETF (BNGE), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), AdvisorShares Gerber Kawasaki ETF (GK) and Communication Services Select Sector SPDR Fund (XLC).

Walt Disney (NYSE:DIS) pays an annual dividend of $1.76 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 78.22%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DIS will have a dividend payout ratio of 33.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DIS.

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.

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).

Walt Disney trades on the New York Stock Exchange (NYSE) under the ticker symbol "DIS."

Walt Disney's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (3.87%), Geode Capital Management LLC (1.78%), Price T Rowe Associates Inc. MD (1.42%), Bank of New York Mellon Corp (1.16%), Wellington Management Group LLP (0.70%) and Newport Trust Co (0.70%). Insiders that own company stock include Alan N Braverman, Brent Woodford, Christine M Mccarthy, Mary Jayne Parker, Robert A Chapek, Robert A Chapek, Robert A Iger, Robert A Iger, Susan E Arnold and Zenia B Mucha.
View institutional ownership trends.

Shares of DIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DIS stock can currently be purchased for approximately $88.29.

Walt Disney (NYSE:DIS) has a market capitalization of $161.33 billion and generates $86.98 billion in revenue each year. The entertainment giant earns $3.15 billion in net income (profit) each year or $2.25 on an earnings per share basis.

The company employs 220,000 workers across the globe.

Walt Disney's mailing address is 500 SOUTH BUENA VISTA ST, BURBANK CA, 91521. The official website for the company is www.thewaltdisneycompany.com. The entertainment giant can be reached via phone at (818) 560-1000 or via fax at 818-560-1930.