S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
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Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
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Spotify sounding better to analysts as company tunes into profits
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How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is this AI's biggest breakthrough to date? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is this AI's biggest breakthrough to date? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The perfect AI stock under $10 (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is this AI's biggest breakthrough to date? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is this AI's biggest breakthrough to date? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The perfect AI stock under $10 (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is this AI's biggest breakthrough to date? (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Is this AI's biggest breakthrough to date? (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The perfect AI stock under $10 (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast

Walmart (WMT) Stock Price, News & Analysis

$173.73
-2.13 (-1.21%)
(As of 02/21/2024 ET)
Today's Range
$172.80
$175.55
50-Day Range
$152.15
$175.92
52-Week Range
$136.09
$181.35
Volume
13.50 million shs
Average Volume
6.65 million shs
Market Capitalization
$467.72 billion
P/E Ratio
30.27
Dividend Yield
1.31%
Price Target
$182.50

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
5.6% Upside
$183.53 Price Target
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.34mentions of Walmart in the last 14 days
Based on 134 Articles This Week
Insider Trading
Selling Shares
$786.53 M Sold Last Quarter
Proj. Earnings Growth
7.72%
From $6.48 to $6.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.75 out of 5 stars

Retail/Wholesale Sector

7th out of 201 stocks

Variety Stores Industry

1st out of 10 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

Enpro, Axsome Therapeutics fall; Walmart, Medtronic rise, Tuesday, 2/20/2024
Stocks that are trading heavily or have substantial price changes on Tuesday: Enpro, Axsome Therapeutics fall; Walmart, Medtronic rise
Walmart's uptrend is intact; buy it when it dips
Walmart NYSE: WMT is in an uptrend and will likely continue. The Q4 results and guidance for 2024 underpin an expectation for capital returns and improving shareholder value for this retail stock.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Walmart’s uptrend is intact; buy it when it dips
Walmart had a solid quarter and gained a share from competitors as shoppers spend less per trip but come more frequently in search of everyday items.
MarketBeat Week in Review – 2/12 - 2/16 (WMT)
Higher inflation readings dampened expectations for rate cuts, and a shortened trading week may get more volatile when many retail stocks report earnings
Miso Robotics stock: Is an IPO coming soon? (WMT)
Can you buy Miso Robotics stock? Miso Robotics is not yet publicly traded, but there are other ways to get in on this branch of AI. Learn more.
5 best stocks to buy in a bear market (WMT)
Want income-producing assets and stable stocks? Look for stocks with stable cash flow in rock-solid industries for the best stocks to buy in a bear market.
MarketBeat ‘Stock of the Week’: BJ’s Wholesale Club offers value (WMT)
BJ’s Wholesale has leading positions in the eastern U.S. portion of the warehouse club market and its embrace of digitization is proving to be an emerging growth driver.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Retailers see earnings growth ahead but investors are lukewarm (WMT)
Despite high earnings expectations, retail stocks struggle, raising questions about consumer spending, even as the Fed is likely to cut interest rates in 2024.
Walmart (NYSE:WMT) Upgraded by StockNews.com to Strong-Buy
Walmart (NYSE:WMT) Price Target Raised to $190.00 at KeyCorp
Walmart Is Going For Advertising Growth
Walmart: Strong Q4 Performance and Growth Prospects Prompt Buy Rating
See More Headlines
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Company Calendar

Ex-Dividend for 1/2 Dividend
12/07/2023
Dividend Payable
1/02/2024
Last Earnings
2/20/2024
Today
2/21/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
1/31/2025

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
$183.53
High Stock Price Target
$210.00
Low Stock Price Target
$165.00
Potential Upside/Downside
+5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
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
$10.65 per share
Book Value
$31.06 per share

Miscellaneous

Outstanding Shares
2,692,230,000
Free Float
1,440,076,000
Market Cap
$467.72 billion
Optionable
Optionable
Beta
0.49

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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 Tuesday, February 20, 2024 at 11:42 PM.














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 year. There are currently 5 hold ratings and 26 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 targets for Walmart's stock. Their WMT share price targets range from $165.00 to $210.00. On average, they expect the company's stock price to reach $183.53 in the next twelve months. This suggests a possible upside of 5.6% 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 2024?

Walmart's stock was trading at $157.65 on January 1st, 2024. Since then, WMT shares have increased by 10.2% and is now trading at $173.73.
View the best growth stocks for 2024 here
.

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our WMT earnings forecast
.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) announced its quarterly earnings data on Tuesday, February, 20th. The retailer reported $1.80 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.15. The retailer had revenue of $173.40 billion for the quarter, compared to the consensus estimate of $170.85 billion. Walmart had a net margin of 2.55% and a trailing twelve-month return on equity of 21.20%. The firm's revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.71 earnings per share.
Read the conference call transcript
.

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

Walmart announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.2075 per share on Monday, April 1st. This represents a $0.83 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Thursday, March 14th.
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 1.34%. 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 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 32.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.

When did Walmart's stock split?

Walmart's stock split on the morning of Monday, February 26th 2024. The 3-1 split was announced on Tuesday, January 30th 2024. The newly minted shares will be payable to shareholders after the closing bell on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

How will Walmart's stock buyback program work?

Walmart announced that its board has authorized a share repurchase plan on Tuesday, November 15th 2022, which allows the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5% of its shares through open market purchases. Shares repurchase plans are generally an indication 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 first quarter 2025 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 1.480-1.560 for the period, compared to the consensus estimate of 1.480. The company issued revenue guidance of $157.0 billion-$158.6 billion, compared to the consensus revenue estimate of $145.9 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.11%), Norges Bank (0.87%), Price T Rowe Associates Inc. MD (0.75%), Northern Trust Corp (0.53%), Legal & General Group Plc (0.46%) and Charles Schwab Investment Management Inc. (0.39%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 2/22/2024 by MarketBeat.com Staff