Walt Disney (DIS) Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walt Disney in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 18 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.

23 equities research analysts have issued 12 month price targets for Walt Disney's shares. Their DIS share price forecasts range from $76.00 to $177.00. On average, they anticipate the company's stock price to reach $113.50 in the next year. This suggests a possible upside of 39.7% 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 at the beginning of 2023. Since then, DIS shares have decreased by 6.5% and is now trading at $81.25.
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Walt Disney saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 20,370,000 shares, a decline of 8.8% from the July 31st total of 22,340,000 shares. Based on an average daily trading volume, of 15,420,000 shares, the days-to-cover ratio is currently 1.3 days.
View Walt Disney's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our DIS earnings forecast.

The Walt Disney Company (NYSE:DIS) released its quarterly earnings data on Wednesday, August, 9th. The entertainment giant reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.04. The entertainment giant earned $22.33 billion during the quarter, compared to the consensus estimate of $22.50 billion. Walt Disney had a trailing twelve-month return on equity of 6.45% and a net margin of 2.56%. The company's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.09 earnings per share.
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ETFs with the largest weight of Walt Disney (NYSE:DIS) stock in their portfolio include Vanguard Communication Services ETF (VOX), Gabelli Growth Innovators ETF (GGRW), Invesco Next Gen Media and Gaming ETF (PBS), Fidelity MSCI Communication Services Index ETF (FCOM), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), iShares Global Comm Services ETF (IXP) 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 143.09%. 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 33.98% 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 a variety of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (25.09%), State Street Corp (4.00%), State Farm Mutual Automobile Insurance Co. (1.85%), Geode Capital Management LLC (1.82%), Northern Trust Corp (1.23%) and Bank of New York Mellon Corp (1.13%). 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, Sonia L Coleman, 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 $81.25.

Walt Disney (NYSE:DIS) has a market capitalization of $148.67 billion and generates $87.81 billion in revenue each year. The entertainment giant earns $3.15 billion in net income (profit) each year or $1.23 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.