Walmart (WMT) Stock Forecast, Price & News

33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 4 hold ratings and 29 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WMT shares.
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33 Wall Street research analysts have issued 12 month target prices for Walmart's shares. Their WMT share price forecasts range from $157.00 to $210.00. On average, they predict the company's share price to reach $176.51 in the next year. This suggests a possible upside of 7.7% from the stock's current price.
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Walmart's stock was trading at $141.79 on January 1st, 2023. Since then, WMT stock has increased by 15.6% and is now trading at $163.88.
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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) announced its quarterly earnings results on Thursday, August, 17th. The retailer reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.15. The retailer had revenue of $161.63 billion for the quarter, compared to analysts' expectations 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 revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.77 EPS.
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Walmart announced a quarterly dividend on Friday, February 17th. Stockholders 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 dividend yield of 1.39%. The ex-dividend date 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 1.38%. 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 announced that its board has authorized 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 purchase up to 5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

Walmart updated its third quarter 2024 earnings guidance on Thursday, August, 17th. The company provided earnings per share (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 institutional and retail investors. Top institutional shareholders 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 $163.88.

Walmart (NYSE:WMT) has a market capitalization of $441.09 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.