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Walmart (WMT) Stock Price, News & Analysis

$151.24
+0.38 (+0.25%)
(As of 05:32 PM ET)
Compare
Today's Range
$149.54
$151.45
50-Day Range
$150.86
$169.74
52-Week Range
$136.09
$169.94
Volume
10.62 million shs
Average Volume
6.18 million shs
Market Capitalization
$407.17 billion
P/E Ratio
25.08
Dividend Yield
1.51%
Price Target
$179.44

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
19.2% Upside
$179.44 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.43mentions of Walmart in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$466.52 M Sold Last Quarter
Proj. Earnings Growth
8.37%
From $6.45 to $6.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Retail/Wholesale Sector

6th out of 192 stocks

Variety Stores Industry

2nd out of 9 stocks


WMT stock logo

About Walmart Stock (NYSE:WMT)

Walmart Inc. is the world’s biggest company by revenue and its largest employer with over 2.2 million globally. It is a general merchandise discount retailer founded in 1962 by Sam Walton and remains a very tightly-held family-owned company to this day. At last look, the Walton family and its heirs owned more than 50% of the company through the family-holding company Walton Enterprises and individual holdings. As of October 2022, the company operated nearly 10,600 stores in 24 countries under 46 different banners. For example, Walmart de Mexico is the Mexican branch while Flipkart Wholesale is the company’s operations in India.

Sam Walton began his crusade to undercut retail competitors began in the early 1950s. He opened the first Wal-Mart Discount City store in 1962 and was able to leverage the brand to great success. It became a publicly traded company in 1972 and was the US's most profitable retailer by 1988. The chain went nationwide in the early 1990s and expanded to international markets soon after that. While the company has seen some success outside the US, those remain limited, and the US is the primary market and produces well over 60% of the revenue and earnings.

Today, the company operates through three segments that include Walmart U.S., Walmart International, and Sam's Club. The stores offer groceries, health, beauty, apparel, footwear, household, furniture, automotive, electronics and recreational products among others. In addition, the company offers a wide variety of ancillary services that include automotive repair, tire change, vision/eyeglass services and financial services that include gift cards, prepaid wireless, check cashing and money transfers. Sam’s Club, launched in 1989, is the company’s membership club brand. It is the second-largest membership club in North America and about 12% of Walmart’s total revenue.

Walmart is a Dividend Aristocrat with nearly 50 years of consecutive annual dividend increases to its credit. Based on the 2022 financial metrics, the company is capable of sustaining another several decades of increases at a low single-digit pace. Once a laggard in ESG, Walmart is now a leader in environmental, social, and governance issues. The company’s efforts include increasing the efficiency of its truck and vehicle fleets to include the upgrade to electrification or hydrogen fuel cells. In terms of hydrogen fuel cell vehicles alone, the company had upgraded more than 9,500 of its warehouse and facility service machines to fuel cells as of mid-2022 and was also working to electrify its vehicle fleets.

WMT Stock Price History

WMT Stock News Headlines

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Is Amazon a blue chip stock? (WMT)
Is Amazon a blue chip stock or does it fit into a different category? Learn more about Amazon.com Inc. and how to categorize it with MarketBeat.
Kroger shares are begging to be bought  (WMT)
Kroger had a solid quarter proving its value to investors. The balance sheet is in fine shape ahead of an expected merger and dividend growth is on tap.
A 15% gain in store for Five Below after rosy holiday outlook (WMT)
Five Below is about to rise above its all-time high due to solid results, rosy guidance and an expectation for acceleration in the coming year.
Is Beyond an overlooked e-commerce winner? (WMT)
Beyond is operating under a familiar name and a different business model. It remains to be seen if these translate to better financial performance
The story of SharkNinja goes beyond just infomercials (WMT)
What started as a quirky outfit hawking infomercial products has evolved into a consumer appliance and home goods powerhouse
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
The story of SharkNinja goes beyond just infomercials (WMT)
What started as a quirky outfit hawking infomercial products has evolved into a consumer appliance and home goods powerhouse
Teva Pharma is the way to play the re-rise of generic drugs (WMT)
Generic and specialty pharmaceutical company, Teva Pharmaceutical's stock, has underperformed for years, but a potential spinoff may be a catalyst for growth
Walmart Inc. (NYSE:WMT) Director S Robson Walton Sells 221 Shares
Investors, Take Advantage Of Walmart's Recent Pullback
Keeping Workers Around Easier: Walmart Chief
How To Earn $500 Per Month From Walmart Stock
Walmart Inc's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
11/16/2023
Ex-Dividend for 1/2 Dividend
12/07/2023
Ex-Dividend for 1/2 Dividend
12/07/2023
Today
12/11/2023
Dividend Payable
1/02/2024
Dividend Payable
1/02/2024
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
CUSIP
93114210
Employees
2,100,000
Year Founded
1962

Price Target and Rating

Average Stock Price Target
$179.44
High Stock Price Target
$210.00
Low Stock Price Target
$157.00
Potential Upside/Downside
+18.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
31 Analysts

Profitability

Net Income
$11.68 billion
Pretax Margin
3.64%

Debt

Sales & Book Value

Annual Sales
$611.29 billion
Cash Flow
$10.44 per share
Book Value
$31.79 per share

Miscellaneous

Outstanding Shares
2,692,230,000
Free Float
1,440,076,000
Market Cap
$406.15 billion
Optionable
Optionable
Beta
0.48

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Should I Buy Walmart Stock? WMT Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Walmart was last updated on Sunday, December 10, 2023 at 7:10 PM.

Pros

Here are some ways that investors could benefit from investing in Walmart:

  • Strong Financial Performance: Walmart has consistently shown strong financial performance, with revenues growing by 6.72% to $611.3 million in fiscal 2023. This indicates the company's ability to generate consistent profits and returns for investors.
  • Global Presence: With over 11,500 stores in more than 24 countries, Walmart has a strong global presence. This provides diversification and potential for growth in different markets, reducing the risk associated with relying on a single market.
  • Market Dominance: Walmart is the largest employer in the world, with over 2.3 million employees worldwide. Its market dominance and economies of scale give it a competitive advantage over its rivals, allowing it to negotiate better deals with suppliers and offer competitive prices to customers.
  • Strong Dividend Yield: Walmart pays a 1.52% annual dividend yield, providing investors with a regular income stream in addition to potential capital appreciation.
  • Resilience to Economic Downturns: Walmart is known for its ability to perform well even during economic downturns. Its focus on essential products, such as groceries, makes it less susceptible to fluctuations in consumer spending during economic downturns.

Cons

Investors should be bearish about investing in Walmart for these reasons:

  • Intense Competition: Walmart operates in a highly competitive retail industry, facing competition from both traditional brick-and-mortar retailers and e-commerce giants like Amazon. This intense competition can put pressure on profit margins and market share.
  • Regulatory Risks: As a large multinational corporation, Walmart is subject to various regulations and legal risks in different countries. Changes in regulations or legal issues can impact the company's operations and financial performance.
  • Online Retail Challenges: While Walmart has made significant investments in its e-commerce capabilities, it still faces challenges in competing with online retail giants like Amazon. The shift towards online shopping and changing consumer preferences pose a risk to Walmart's traditional retail business.
  • Labor Relations: Walmart has faced criticism and legal challenges related to its labor practices and treatment of employees. Labor disputes and negative publicity can impact the company's reputation and potentially affect its financial performance.
  • Stock Price Volatility: Like any publicly traded company, Walmart's stock price is subject to market volatility. Factors such as economic conditions, industry trends, and investor sentiment can cause significant fluctuations in the stock price, which may impact investor returns.














WMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

31 Wall Street equities 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 equities research analysts is that investors should "moderate buy" WMT shares.
View WMT analyst ratings
or view top-rated stocks.

What is Walmart's stock price target for 2024?

31 brokerages have issued 1 year price objectives for Walmart's stock. Their WMT share price targets range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $179.44 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for WMT
or view top-rated stocks among Wall Street analysts.

How have WMT shares performed in 2023?

Walmart's stock was trading at $141.79 on January 1st, 2023. Since then, WMT shares have increased by 6.2% and is now trading at $150.59.
View the best growth stocks for 2023 here
.

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our WMT earnings forecast
.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) announced its quarterly earnings data on Thursday, November, 16th. The retailer reported $1.53 EPS for the quarter, meeting the consensus estimate of $1.53. The retailer had revenue of $160.80 billion for 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 firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the business posted $1.50 earnings per share.
Read the conference call transcript
.

How often does Walmart pay dividends? What is the dividend yield for Walmart?

Walmart declared a quarterly dividend on Friday, February 17th. Stockholders 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 1.51%. The ex-dividend date is Thursday, August 10th.
Read our dividend analysis for WMT
.

Is Walmart a good dividend stock?

Walmart (NYSE:WMT) pays an annual dividend of $2.28 per share and currently has a dividend yield of 1.51%. The company has been increasing its dividend for 50 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 32.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.

How will Walmart's stock buyback program work?

Walmart declared that its board has authorized a stock repurchase program on Tuesday, November 15th 2022, which permits the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

What guidance has Walmart issued on next quarter's earnings?

Walmart issued an update on its FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share (EPS) guidance of 6.40-6.48 for the period, compared to the consensus EPS 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.

What is Doug McMillon's approval rating as Walmart's CEO?

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.

What other stocks do shareholders of Walmart own?

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).

Who are Walmart's major shareholders?

Walmart's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (0.89%), FMR LLC (0.63%), Northern Trust Corp (0.55%), Ameriprise Financial Inc. (0.48%), Bank of New York Mellon Corp (0.44%) and Charles Schwab Investment Management Inc. (0.40%). 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, Marc E Lore, Rachel L Brand, Randall L Stephenson and S Robson Walton.
View institutional ownership trends
.

How do I buy shares of Walmart?

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.
Compare Top Brokerages Here.

Does Walmart have any subsidiaries?
The following companies are subsidiares of Walmart: ASDA Group, ASDA Group Limited, Art.com, Asda, Aspectiva, Bare Necessities, BigTrade, Bompreço, Bonobos, CareZone, Cifra, Cornershop, Distribucion y Servicio, Eloquii, Flipkart, Flipkart Private Limited, FloCare, Jet.com, Massmart, Massmart Holdings Ltd, ModCloth, Moosejaw, Moosejaw Mountaineering, Parcel, Polymorph Labs, Reclip.It, Sam's East, Sam's East Inc., Sam's Property Company, Sam's Real Estate Business Trust, Sam's West, Sam's West Inc., Seiyu Group, Shoes.com, Vudu, Wal-Mart Canada, Wal-Mart Canada Corp., Wal-Mart Japan, Wal-Mart Japan Holdings K.K., Wal-Mart Property Company, Wal-Mart Real Estate Business Trust, Wal-Mart Stores East, Wal-Mart Stores East LP, Wal-Mart Stores Texas, Wal-Mart Stores Texas LLC, Wal-Mart de Mexico, Wal-Mart de Mexico S.A.B. de C.V., Walmart Chile, Walmart Chile S.A., Wim Yogurt, and Yihaodian.
Read More
This page (NYSE:WMT) was last updated on 12/11/2023 by MarketBeat.com Staff

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