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Walmart (WMT) Stock Price, News & Analysis

-0.26 (-0.37%)
(As of 07/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
10.68 million shs
Average Volume
17.47 million shs
Market Capitalization
$569.24 billion
P/E Ratio
Dividend Yield
Price Target

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
0.4% Upside
$71.09 Price Target
Short Interest
0.45% of Shares Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.85mentions of Walmart in the last 14 days
Based on 47 Articles This Week
Insider Trading
Selling Shares
$953.19 M Sold Last Quarter
Proj. Earnings Growth
From $2.43 to $2.67 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.

4.71 out of 5 stars

Retail/Wholesale Sector

27th out of 196 stocks

Variety Stores Industry

3rd out of 11 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

big box retail store shopping
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"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
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What Are Blue Chip Stocks? An Overview (WMT)
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Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist
Hot Stock Splits Ahead: 3 Major Ones to Put on Your Watchlist (WMT)
Stock splits don't alter the fundamental drivers of a stock's price, but only good companies have a reason or need to do it.
American flag and fireworks with night sky background.
Celebrate July 4th with These Red, White, & Blue Chip Stocks
The Fourth of July is a cornerstone of American tradition that signifies a time for celebration, family gatherings, and festive cookouts. This holiday's cultural impact resonates deeply within the consumer landscape, often driving a surge in spending on goods and services in the consumer discretionary, consumer staple, and retail sectors.
American flag and fireworks with night sky background.
Celebrate July 4th with These Red, White, & Blue Chip Stocks (WMT)
Consumer spending patterns around July 4th can provide valuable insights for investors seeking to capitalize on seasonal market trends.
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
BJ's Wholesale Club store logo sign
Does BJ's Wholesale Club Stock Have More Room to Grow? (WMT)
BJs Wholesale Club Holding Inc. (NYSE: BJ) is a membership-only warehouse club operating on the East Coast of the United States. The company operates 244 clubs
Walmart Inc. (NYSE:WMT) EVP Daniel J. Bartlett Sells 2,398 Shares
KeyCorp Boosts Walmart (NYSE:WMT) Price Target to $82.00
Walmart (NYSE:WMT) Price Target Raised to $74.00 at Evercore ISI
Walmart (NYSE:WMT) Trading 0.6% Higher After Analyst Upgrade
3 Best Ken Fisher Stocks to Buy in July
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Ex-Dividend for 9/3 Dividend
Dividend Payable
Fiscal Year End

Industry, Sector and Symbol

Variety stores
Hypermarkets & Super Centers
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
30 Analysts


Net Income
$15.51 billion
Pretax Margin


Sales & Book Value

Annual Sales
$648.13 billion
Cash Flow
$3.73 per share
Book Value
$11.19 per share


Outstanding Shares
Free Float
Market Cap
$569.24 billion

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Should I Buy Walmart Stock? WMT Pros and Cons Explained


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

  • Walmart's consistent revenue growth and strong financial performance make it a stable investment option, providing investors with a reliable income stream.
  • Recent insider selling activity indicates confidence in the company's future performance, which could be a positive signal for investors.
  • Analysts' favorable ratings and target price increases suggest a bullish sentiment towards Walmart's stock, potentially leading to capital appreciation.
  • Increasing institutional ownership, with notable firms like Lazard Asset Management LLC and Alps Advisors Inc. boosting their holdings, reflects growing confidence in Walmart's long-term prospects.
  • Walmart's diversified business segments, including Walmart U.S., Walmart International, and Sam's Club, provide exposure to various markets and avenues for growth, reducing risk for investors.


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

  • Despite positive analyst ratings, Walmart's stock may face volatility due to market fluctuations and macroeconomic factors, potentially leading to short-term price swings.
  • High levels of insider selling, totaling millions of dollars in the last three months, could raise concerns about insider sentiment and future stock performance.
  • While institutional investors have increased their holdings, the overall percentage of institutional ownership is not overwhelmingly high, indicating a potential lack of strong institutional support.
  • Competition in the retail sector, especially from e-commerce giants, poses a threat to Walmart's market share and profitability, impacting investor returns.
  • The current stock price of Walmart may already reflect optimistic future expectations, leaving limited room for significant upside potential in the short term.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Walmart pros and cons to

WMT Stock Analysis - Frequently Asked Questions

How have WMT shares performed this year?

Walmart's stock was trading at $52.55 at the beginning of 2024. Since then, WMT stock has increased by 34.7% and is now trading at $70.77.
View the best growth stocks for 2024 here

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) released its quarterly earnings results on Thursday, May, 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.08. Walmart's revenue was up 6.0% compared to the same quarter last year.
Read the conference call transcript

When did Walmart's stock split?

Shares of Walmart split on the morning of Monday, February 26th 2024. The 3-1 split was announced on Tuesday, January 30th 2024. The newly minted shares were distributed to shareholders after the market closes on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Is Walmart doing a stock buyback?

Walmart's Board of Directors authorized a stock buyback program on Tuesday, November 15th 2022, which permits the company to repurchase $20,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

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

8,426 employees have rated Walmart Chief Executive Officer Doug McMillon on 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.

Does Walmart have any subsidiaries?

The following companies are subsidiaries of Walmart: CareZone, BigTrade, FloCare, Polymorph Labs, Aspectiva,, Bare Necessities, and more.

Who are Walmart's major shareholders?

Walmart's top institutional investors include Swedbank AB (0.07%), Wealth Enhancement Advisory Services LLC (0.03%), Hexagon Capital Partners LLC (0.03%) and Assenagon Asset Management S.A. (0.02%). Insiders that own company stock include Jim C Walton, Alice L Walton, S Robson Walton, C Douglas Mcmillon, Judith J Mckenna, John R Furner, Rachel L Brand, Daniel J Bartlett, John D Rainey, Timothy Patrick Flynn, David Chojnowski and M Brett Biggs.
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.

What other stocks do shareholders of Walmart own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Walmart investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), AT&T (T), Alibaba Group (BABA) and Home Depot (HD).

This page (NYSE:WMT) was last updated on 7/19/2024 by Staff

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