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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
Followed 197 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-Upgraded
NYSE:WMT

Walmart (WMT) Stock Forecast, Price & News

$159.93
-2.61 (-1.61%)
(As of 09/29/2023 ET)
Compare
Today's Range
$159.19
▼
$163.13
50-Day Range
$155.67
▼
$165.29
52-Week Range
$128.07
▼
$165.85
Volume
6.28 million shs
Average Volume
5.21 million shs
Market Capitalization
$430.46 billion
P/E Ratio
30.76
Dividend Yield
1.43%
Price Target
$177.22
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Walmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
10.8% Upside
$177.22 Price Target
Short Interest
Healthy
1.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.32mentions of Walmart in the last 14 days
Based on 43 Articles This Week
Insider Trading
Selling Shares
$6.20 M Sold Last Quarter
Proj. Earnings Growth
8.85%
From $6.44 to $7.01 Per Share

Overall MarketRank™

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

2.79 out of 5 stars

Retail/Wholesale Sector

34th out of 214 stocks

Variety Stores Industry

4th out of 11 stocks

See Top Rated MarketRank™ Stocks Here

WMT stock logo

About Walmart (NYSE:WMT) Stock

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 Price History

WMT Stock News Headlines

September 29, 2023 | marketbeat.com
Is the Grinch Stealing This Year's Holiday Season Jobs? (WMT)
Amid rising labor costs and interest rates, as well as a possible Q4 economic slowdown, retailers and logistics companies are using caution in seasonal hiring.
September 26, 2023 | marketbeat.com
5 Retail Trends to Watch During the Holiday Shopping Season (WMT)
The holiday shopping season is approaching quickly; here are 5 trends shaping the retail environment and which companies are in a position to win
October 1, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 25, 2023 | marketbeat.com
Walmart Shines As Dollar Tree, Dollar General, Big Lots Stumble
Walmart's stock pullback is part of a broader profit-taking trend, but the stock is outperforming deep discounters Dollar Tree, Dollar General and Big Lots.
September 25, 2023 | marketbeat.com
3 Stocks That Flourish In The Fall (WMT)
As the leaves fall, Starbucks, TJX, and Target investors often rake in gains, benefiting from those companies' popular autumn seasonal offerings.
September 19, 2023 | marketbeat.com
5 eCommerce Companies that need to be on Your Watch List (WMT)
Retailers are having a tough time but e-commerce lifestyle names are widening margins and are on track to return to growth.
September 15, 2023 | marketbeat.com
Name A Better Trio Than These Underrated High Potential Stocks (WMT)
The deal of the decade came before Christmas for investors looking to get high growth for very little risk. Analysts agree that this master play is worth a shot
September 13, 2023 | marketbeat.com
5 Best REIT Alternatives for Passive Real Estate Income (WMT)
REITs can offer passive income opportunities for many investors, but what are some alternative investments for REITs? Learn more.
October 1, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 13, 2023 | marketbeat.com
3 Reasons Dollar General Shares Belong in the Shopping Cart (WMT)
Shares of Dollar General have fallen to their lowest level since May 2019, making the stock an attractive long-term play on a consumer spending rebound.
September 8, 2023 | marketbeat.com
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.
September 8, 2023 | marketbeat.com
7 Best Blue Chip Stocks to Buy Now (WMT)
Blue-chip stocks are the stocks of well-known, high-quality industry leaders. Learn more about our top picks for the best blue chip stocks to buy now.
October 1, 2023 | americanbankingnews.com
C Douglas Mcmillon Sells 9,708 Shares of Walmart Inc. (NYSE:WMT) Stock
October 1, 2023 | americanbankingnews.com
John R. Furner Sells 4,375 Shares of Walmart Inc. (NYSE:WMT) Stock
September 30, 2023 | msn.com
Walmart says is streamlining job titles, changes pay for corporate staff
September 30, 2023 | reuters.com
Walmart changes pay and titles for corporate staff, Wall Street Journal reports
September 30, 2023 | investing.com
Walmart changes pay and titles for corporate staff- WSJ
September 30, 2023 | msn.com
Walmart Remains The King Of Groceries, With 30.3% In Dollar Share
September 29, 2023 | marketwatch.com
Travelers, Walmart share losses lead Dow's 90-point drop
September 29, 2023 | msn.com
Dow drops 184 points on losses in shares of Travelers, Walmart
September 29, 2023 | golfweek.usatoday.com
Ilhee Lee odds to win the 2023 Walmart NW Arkansas Championship
September 28, 2023 | news.yahoo.com
New product spotted on Walmart shelf sparks fury online: ‘When I saw this … I thought it was sarcasm’
September 28, 2023 | businessinsider.com
Walmart is stripping some stores of self-checkout lanes and bringing back cashiers
September 28, 2023 | msn.com
Walmart: Business To Be Stronger For Longer
September 28, 2023 | seekingalpha.com
Walmart's Investment Outlook: A Strategic Analysis For Long-Term Investors
September 28, 2023 | golfweek.usatoday.com
Walmart NW Arkansas Championship TV coverage: How to stream or watch Georgia Hall | September 29-30
September 28, 2023 | seekingalpha.com
Walmart: Price Only Partly Justified
See More Headlines
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WMT Company Calendar

Ex-Dividend for 9/5 Dividend
8/10/2023
Last Earnings
8/17/2023
Dividend Payable
9/05/2023
Today
10/01/2023
Next Earnings (Estimated)
11/21/2023
Fiscal Year End
1/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
Sector
Retail/Wholesale
Current Symbol
NYSE:WMT
CUSIP
93114210
CIK
104169
Web
www.stock.walmart.com
Phone
(479) 273-4000
Fax
479-277-1830
Employees
2,100,000
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$177.22
High Stock Price Forecast
$210.00
Low Stock Price Forecast
$157.00
Forecasted Upside/Downside
+10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
34 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.20
Trailing P/E Ratio
30.76
Forward P/E Ratio
24.83
P/E Growth
3.84
Net Income
$11.68 billion
Net Margins
2.23%
Pretax Margin
3.31%
Return on Equity
21.47%
Return on Assets
7.11%

Debt

Debt-to-Equity Ratio
0.50
Current Ratio
0.83
Quick Ratio
0.26

Sales & Book Value

Annual Sales
$630.79 billion
Price / Sales
0.68
Cash Flow
$10.27 per share
Price / Cash Flow
15.57
Book Value
$31.70 per share
Price / Book
5.05

Miscellaneous

Outstanding Shares
2,691,564,000
Free Float
1,439,718,000
Market Cap
$430.46 billion
Optionable
Optionable
Beta
0.49

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Key Executives

  • Mr. C. Douglas McMillonMr. C. Douglas McMillon (Age 57)
    Pres, CEO & Director
    Comp: $4.7M
  • Mr. John David RaineyMr. John David Rainey (Age 52)
    Exec. VP & CFO
    Comp: $7.6M
  • Mr. Suresh Kumar (Age 58)
    Global CTO, Chief Devel. Officer & Exec. VP
    Comp: $2.98M
  • Ms. Judith McKennaMs. Judith McKenna (Age 56)
    Exec. VP, Pres & CEO of Walmart International
    Comp: $3.81M
  • Mr. John R. FurnerMr. John R. Furner (Age 48)
    Exec. VP, CEO & Pres of Walmart US
    Comp: $3.18M
  • Ms. Kathryn J. McLayMs. Kathryn J. McLay (Age 49)
    Exec. VP, Pres & CEO of Sam's Club Division
    Comp: $3.19M
  • Mr. Christopher NicholasMr. Christopher Nicholas (Age 46)
    Exec. VP & COO
  • Ms. Rachel L. BrandMs. Rachel L. Brand (Age 49)
    Exec. VP of Global Governance, Chief Legal Officer & Corp. Sec.
  • Mr. Matthew Miner
    Exec. VP and Global Chief Ethics & Compliance Officer
  • Allison Van Matre
    Director of Global Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













WMT Stock - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

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.
View WMT analyst ratings or view top-rated stocks.

What is Walmart's stock price forecast for 2023?

34 Wall Street analysts have issued 1-year target prices for Walmart's shares. Their WMT share price forecasts range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $177.22 in the next twelve months. This suggests a possible upside of 10.8% 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 at the beginning of 2023. Since then, WMT stock has increased by 12.8% and is now trading at $159.93.
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, November 21st 2023.
View our WMT earnings forecast.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) issued its earnings results 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 trailing twelve-month return on equity of 21.47% and a net margin of 2.23%. The company's revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.77 EPS.
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. Shareholders of record on Friday, August 11th will be paid a dividend of $0.57 per share on Tuesday, September 5th. This represents a $2.28 annualized dividend and a yield of 1.43%. The ex-dividend date is Thursday, August 10th.
Read our dividend analysis for WMT.

What ETFs hold Walmart's stock?

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).

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 1.40%. 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 32.52% 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 announced that its Board of Directors has authorized a share buyback program on Tuesday, November 15th 2022, which authorizes the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

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

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 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.

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).

What is Walmart's stock symbol?

Walmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMT."

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.

What is Walmart's stock price today?

One share of WMT stock can currently be purchased for approximately $159.93.

How much money does Walmart make?

Walmart (NYSE:WMT) has a market capitalization of $430.46 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.

How many employees does Walmart have?

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

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
How can I contact Walmart?

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.

This page (NYSE:WMT) was last updated on 10/1/2023 by MarketBeat.com Staff

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