Walmart (WMT) Stock Forecast, Price & News

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 4 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WMT shares.
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34 Wall Street research analysts have issued 12 month price targets for Walmart's stock. Their WMT share price forecasts range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $177.17 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
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Walmart's stock was trading at $141.79 at the beginning of the year. Since then, WMT shares have increased by 14.6% and is now trading at $162.55.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our WMT earnings forecast.

Walmart Inc. (NYSE:WMT) posted its quarterly earnings data on Thursday, August, 17th. The retailer reported $1.84 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.15. The retailer earned $161.63 billion during the quarter, compared to the consensus estimate of $160.22 billion. Walmart had a net margin of 2.23% and a trailing twelve-month return on equity of 21.47%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $1.77 earnings per share.
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Walmart declared 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 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, August 10th.
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 (NYSE:WMT) pays an annual dividend of $2.28 per share and currently has a dividend yield of 1.41%. 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 43.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 32.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.

Walmart declared that its Board of Directors has initiated a stock buyback program on Tuesday, November 15th 2022, which allows the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Walmart updated its third quarter 2024 earnings guidance on Thursday, August, 17th. The company provided EPS guidance of $1.45-$1.50 for the period, compared to the consensus earnings per share estimate of $1.50. The company issued revenue guidance of $157.40 billion-$157.40 billion, compared to the consensus revenue estimate of $157.25 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMT."

Walmart's stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (30.49%), BlackRock Inc. (3.73%), State Street Corp (2.23%), Geode Capital Management LLC (0.95%), Northern Trust Corp (0.53%) and Bank of New York Mellon Corp (0.45%). 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, Judith J Mckenna, M Brett Biggs, Marc E Lore, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of WMT stock can currently be purchased for approximately $162.55.

Walmart (NYSE:WMT) has a market capitalization of $437.51 billion and generates $630.79 billion in revenue each year. The retailer earns $11.68 billion in net income (profit) each year or $5.20 on an earnings per share basis.

The company employs 2,100,000 workers across the globe.

Walmart's mailing address is 702 SOUTHWEST 8TH ST, BENTONVILLE AR, 72716. The official website for the company is www.stock.walmart.com. The retailer can be reached via phone at (479) 273-4000, via email at invrelinq@wal-mart.com, or via fax at 479-277-1830.