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Most-Upgraded StocksMost-Upgraded
NYSE:WMT

Walmart (WMT) Stock Forecast, Price & News

$149.98
+0.20 (+0.13%)
(As of 06/7/2023 ET)
Compare
Today's Range
$149.04
▼
$150.36
50-Day Range
$144.23
▼
$153.12
52-Week Range
$117.90
▼
$154.64
Volume
8.08 million shs
Average Volume
6.23 million shs
Market Capitalization
$404.55 billion
P/E Ratio
36.05
Dividend Yield
1.52%
Price Target
$166.13
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Walmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
10.9% Upside
$166.31 Price Target
Short Interest
Healthy
0.95% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.11
Upright™ Environmental Score
News Sentiment
0.15mentions of Walmart in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$2.34 B Sold Last Quarter
Proj. Earnings Growth
10.31%
From $6.21 to $6.85 Per Share

Overall MarketRank™

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

2.78 out of 5 stars

Retail/Wholesale Sector

23rd out of 208 stocks

Variety Stores Industry

3rd 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.

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WMT Stock News Headlines

June 2, 2023 | marketbeat.com
BJ’s Wholesale Club Pops, Will Costco Be Next? (WMT)
BJ's Wholesale Club rocketed higher on improved guidance and Costco could be next, either way BJ's is a value among club warehouses.
June 2, 2023 | marketbeat.com
What Should Investors Make of These 3 Dividend Cuts? (WMT)
Sometimes dividend cuts are a smart moves that eventually lead to improved financial health. Here are three recent examples of companies that lowered dividends.
June 7, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
June 2, 2023 | marketbeat.com
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars (WMT)
Symbotic's AI-powered warehouse robotics platform is driving impressive gains as major retailers embrace automated technology for more efficient operations.
May 26, 2023 | marketbeat.com
Hot Inflation, What It Means For The Summer Rally  (WMT)
The PCE Price Index is hotter than expected and may lead to another FOMC rate hike, increased economic pressure, and the hard-landing it's trying to avoid.
May 25, 2023 | marketbeat.com
Dollar Tree Falls As Theft Cuts Into Bottom Line (WMT)
Dollar Tree had a solid quarter but missed consensus and guided lower, which caused shares to implode. The stock is trading near critical support and may bottom
May 25, 2023 | marketbeat.com
e.l.f. Beauty Has Giant Quarter, Shares Hit New High (WMT)
e.l.f. Beauty is on track for new all-time highs after blow-out results; the question is if the analysts will start hiking their price targets.
May 23, 2023 | marketbeat.com
Dick’s Sporting Goods Deserves A Higher Price Multiple  (WMT)
Dick's Sporting Goods is an undervalued name that could see a multiple expansion take it to new all-time highs over the next few quarters.
June 7, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
May 23, 2023 | marketbeat.com
2 Tech Stocks With Upgrades and Positive Outlook (WMT)
These technology companies are harnessing the power of AI to help retailers gain efficiency and unlock sales globally. Analysts are upgrading them both.
May 19, 2023 | marketbeat.com
Foot Locker And The Ebbing Tide Of Discretionary Spending  (WMT)
Foot Locker's results are a good reason why discretionary names will underperform in the 2nd half of 2023; but this stock may have just priced in the worst.
May 18, 2023 | marketbeat.com
Good News For Walmart Isn’t So Great For Everybody Else
Walmart may have difficulty moving higher simply because the yield on US treasuries and CDs is so much higher, and the guidance for Q2 is weak.
June 7, 2023 | seekingalpha.com
Walmart Inc. (WMT) Presents at Baird 2023 Global Consumer, Technology & Services Conference (Transcript)
June 7, 2023 | markets.businessinsider.com
Walmart (WMT) Receives a Hold from Bernstein
June 6, 2023 | finance.yahoo.com
Walmart's Charts Have a Lot in Store
June 6, 2023 | seekingalpha.com
Walmart: Outpacing The Market, But Too Expensive
June 6, 2023 | americanbankingnews.com
Walmart (NYSE:WMT) Stock Rating Lowered by StockNews.com
June 5, 2023 | msn.com
Closing Time: Walmart To Shutter 23 Locations In The US, Four In Chicago
June 5, 2023 | msn.com
Credit Suisse Reiterates Walmart (WMT) Outperform Recommendation
June 5, 2023 | markets.businessinsider.com
BMO Capital Remains a Buy on Walmart (WMT)
June 5, 2023 | seekingalpha.com
Walmart Vs. Costco: Is The Dividend Aristocrat The Better Buy?
June 5, 2023 | markets.businessinsider.com
Guggenheim Sticks to Its Buy Rating for Walmart (WMT)
June 5, 2023 | americanbankingnews.com
Walmart (NYSE:WMT) Cut to "Buy" at StockNews.com
June 4, 2023 | msn.com
How Walmart Went From Local Grocery Store To Global Superpower
June 3, 2023 | msn.com
Walmart talks AI and international growth at annual meeting
June 3, 2023 | msn.com
Walmart meeting highlights: Recession prep, ChatGPT, Shania Twain, Snoop Dogg, and more
June 2, 2023 | reuters.com
Walmart reiterates goal of doubling international gross merchandise in five years
See More Headlines

WMT Price History

WMT Company Calendar

Ex-Dividend for 4/3 Dividend
3/16/2023
Dividend Payable
4/03/2023
Ex-Dividend for 5/30 Dividend
5/04/2023
Last Earnings
5/18/2023
Dividend Payable
5/30/2023
Today
6/07/2023
Next Earnings (Estimated)
8/15/2023
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
$166.13
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+10.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
29 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.16
Trailing P/E Ratio
36.00
Forward P/E Ratio
24.12
P/E Growth
4.39
Net Income
$11.68 billion
Net Margins
1.82%
Pretax Margin
2.70%
Return on Equity
21.30%
Return on Assets
7.12%

Debt

Debt-to-Equity Ratio
0.54
Current Ratio
0.82
Quick Ratio
0.23

Sales & Book Value

Annual Sales
$611.29 billion
Price / Sales
0.66
Cash Flow
$10.44 per share
Price / Cash Flow
14.35
Book Value
$29.37 per share
Price / Book
5.10

Miscellaneous

Outstanding Shares
2,697,350,000
Free Float
1,427,976,000
Market Cap
$404.01 billion
Optionable
Optionable
Beta
0.49

Social Links


Key Executives

  • C. Douglas McMillonC. Douglas McMillon
    President, Chief Executive Officer & Director
  • Dacona Smith
    Chief Operating Officer & Executive Vice President
  • John David Rainey
    Chief Financial Officer & Executive Vice President
  • Jerry R. Geisler
    Chief Information Security Officer & Senior VP
  • Suresh Kumar
    EVP, Chief Technology & Development Officer

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?

29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 5 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WMT shares.
View WMT analyst ratings or view top-rated stocks.

What is Walmart's stock price forecast for 2023?

29 brokers have issued 1 year price objectives for Walmart's shares. Their WMT share price forecasts range from $135.00 to $180.00. On average, they predict the company's share price to reach $166.13 in the next twelve months. This suggests a possible upside of 10.9% 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 the year. Since then, WMT shares have increased by 5.6% and is now trading at $149.78.
View the best growth stocks for 2023 here.

Are investors shorting Walmart?

Walmart saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 13,560,000 shares, an increase of 24.2% from the April 30th total of 10,920,000 shares. Based on an average trading volume of 6,620,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.0% of the company's stock are sold short.
View Walmart's Short Interest.

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
View our WMT earnings forecast.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) released its earnings results on Thursday, May, 18th. The retailer reported $1.47 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.15. The retailer had revenue of $152.30 billion for the quarter, compared to analyst estimates of $147.91 billion. Walmart had a net margin of 1.82% and a trailing twelve-month return on equity of 21.30%. Walmart's quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 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 24th. Investors of record on Friday, December 8th will be given a dividend of $0.57 per share on Tuesday, January 2nd. This represents a $2.28 annualized dividend and a yield of 1.52%. The ex-dividend date is Thursday, December 7th.
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), iShares U.S. Consumer Focused ETF (IEDI), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC), Pacer BioThreat Strategy ETF (VIRS), PGIM Jennison Focused Value ETF (PJFV), iShares Global Consumer Staples ETF (KXI) and Consumer Staples Select Sector SPDR Fund (XLP).

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 1.52%. 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 54.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 33.28% 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 has initiated a stock 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 reacquire up to 5% of its shares through open market purchases. Shares repurchase programs are usually 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 second quarter 2024 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of $1.63-$1.68 for the period, compared to the consensus estimate of $1.71. The company issued revenue guidance of $157.44 billion-$157.44 billion, compared to the consensus revenue estimate of $158.21 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."

Who are Walmart's major shareholders?

Walmart's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (2.23%), Geode Capital Management LLC (0.93%), Price T Rowe Associates Inc. MD (0.61%), FMR LLC (0.54%), Bank of New York Mellon Corp (0.45%) 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 R Furner, Judith J Mckenna, 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.

What is Walmart's stock price today?

One share of WMT stock can currently be purchased for approximately $149.78.

How much money does Walmart make?

Walmart (NYSE:WMT) has a market capitalization of $404.01 billion and generates $611.29 billion in revenue each year. The retailer earns $11.68 billion in net income (profit) each year or $4.16 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 6/7/2023 by MarketBeat.com Staff

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