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 twelve months. There are currently 4 hold ratings and 27 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 objectives for Walmart's stock. Their WMT share price targets range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $179.44 in the next twelve months. This suggests a possible upside of 19.2% 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 on January 1st, 2023. Since then, WMT shares have increased by 6.2% and is now trading at $150.59. 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, February 20th 2024. View our WMT earnings forecast .

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) announced its quarterly earnings data on Thursday, November, 16th. The retailer reported $1.53 EPS for the quarter, meeting the consensus estimate of $1.53. The retailer had revenue of $160.80 billion for the quarter, compared to the consensus estimate of $159.65 billion. Walmart had a net margin of 2.55% and a trailing twelve-month return on equity of 21.20%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the business posted $1.50 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 17th. Stockholders of record on Friday, August 11th will be given a dividend of $0.57 per share on Tuesday, September 5th. This represents a $2.28 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Thursday, August 10th. 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 1.51%. The company has been increasing its dividend for 50 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 32.62% next year. This indicates that the company will be able to sustain or increase its dividend. 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) .

How will Walmart's stock buyback program work?

Walmart declared that its board has authorized a stock repurchase program on Tuesday, November 15th 2022, which permits the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are often 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 FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share (EPS) guidance of 6.40-6.48 for the period, compared to the consensus EPS estimate of $6.50. The company issued revenue guidance of +5.0-5.5% yr/yr to $641.6-644.6 billion, compared to the consensus revenue estimate of $642.32 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 a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (0.89%), FMR LLC (0.63%), Northern Trust Corp (0.55%), Ameriprise Financial Inc. (0.48%), Bank of New York Mellon Corp (0.44%) 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 D Rainey , John R Furner , 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 .

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

Followed 108 TimesTop Followed Top-Rated StocksTop-Rated

Walmart (WMT) Stock Price, News & Analysis

$151.24

+0.38 (+0.25%)

(As of 05:32 PM ET)

Compare

Today's Range: $149.54
▼
$151.45
50-Day Range: $150.86
▼
$169.74
52-Week Range: $136.09
▼
$169.94

Volume: 10.62 million shs
Average Volume: 6.18 million shs
Market Capitalization: $407.17 billion

P/E Ratio: 25.08
Dividend Yield: 1.51%
Price Target: $179.44

Walmart MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.87 Rating Score
Upside/Downside: 19.2% Upside
$179.44 Price Target
Short Interest: Healthy
0.97% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.08
Upright™ Environmental Score
News Sentiment: 0.43
Based on 37 Articles This Week
Insider Trading: Selling Shares
$466.52 M Sold Last Quarter
Proj. Earnings Growth: 8.37%
From $6.45 to $6.99 Per Share

Overall MarketRank^™

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

3.05 out of 5 stars

Retail/Wholesale Sector

6th out of 192 stocks

Variety Stores Industry

2nd out of 9 stocks

3.4

Analyst's Opinion

Consensus Rating
Walmart has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 27 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $179.44, Walmart has a forecasted upside of 19.2% from its current price of $150.59.
Amount of Analyst Coverage
Walmart has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
0.97% of the float of Walmart has been sold short.
Short Interest Ratio / Days to Cover
Walmart has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Walmart has recently decreased by 5.37%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Walmart pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Walmart has been increasing its dividend for 50 years.
Dividend Coverage
The dividend payout ratio of Walmart is 37.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Walmart will have a dividend payout ratio of 32.62% next year. This indicates that Walmart will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Walmart has received a -11.42% net impact score from Upright. The largest negative impact of Walmart in category "GHG emissions" seems to be driven mostly by its "Physical retail of vehicle chemicals at a hypermarket", "Physical retail of vehicle chemicals at a discount store", "Physical retail of dairy products at a hypermarket", "Physical retail of dairy products at a discount store", "Physical retail of bicycles at a discount store", and "Physical retail of processed meat products at a hypermarket" products. See details.
Environmental Sustainability
The Environmental Impact score for Walmart is -2.08.

3.0

News and Social Media Coverage

News Sentiment
Walmart has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 37 news articles for Walmart this week, compared to 20 articles on an average week.
Search Interest
207 people have searched for WMT on MarketBeat in the last 30 days. This is an increase of 107% compared to the previous 30 days.
MarketBeat Follows
110 people have added Walmart to their MarketBeat watchlist in the last 30 days. This is an increase of 224% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Walmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $466,515,037.00 in company stock.
Percentage Held by Insiders
46.51% of the stock of Walmart is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.18% of the stock of Walmart is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Walmart are expected to grow by 8.37% in the coming year, from $6.45 to $6.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Walmart is 24.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Walmart is 24.97, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.33.
Price to Earnings Growth Ratio
Walmart has a PEG Ratio of 3.20. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Walmart has a P/B Ratio of 4.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

WMT Stock News Headlines

December 11, 2023 | marketbeat.com

Macy’s buy-out signals deep value in the retail sector (WMT)

Macy's buy-out offer points to deep values in the retail sector that income and growth investors should take note of; more than one name is set to rebound.

December 7, 2023 | marketbeat.com

What are consumer staples stocks? (WMT)

Consumer staples stocks come from companies that produce in-demand goods and offer investors a safe harbor during inflation. Learn more.

December 11, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

December 7, 2023 | marketbeat.com

Is Amazon a blue chip stock? (WMT)

Is Amazon a blue chip stock or does it fit into a different category? Learn more about Amazon.com Inc. and how to categorize it with MarketBeat.

December 1, 2023 | marketbeat.com

Kroger shares are begging to be bought (WMT)

Kroger had a solid quarter proving its value to investors. The balance sheet is in fine shape ahead of an expected merger and dividend growth is on tap.

November 30, 2023 | marketbeat.com

A 15% gain in store for Five Below after rosy holiday outlook (WMT)

Five Below is about to rise above its all-time high due to solid results, rosy guidance and an expectation for acceleration in the coming year.

November 30, 2023 | marketbeat.com

Is Beyond an overlooked e-commerce winner? (WMT)

Beyond is operating under a familiar name and a different business model. It remains to be seen if these translate to better financial performance

November 29, 2023 | marketbeat.com

The story of SharkNinja goes beyond just infomercials (WMT)

What started as a quirky outfit hawking infomercial products has evolved into a consumer appliance and home goods powerhouse

December 11, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 29, 2023 | marketbeat.com

The story of SharkNinja goes beyond just infomercials (WMT)

What started as a quirky outfit hawking infomercial products has evolved into a consumer appliance and home goods powerhouse

November 28, 2023 | marketbeat.com

Teva Pharma is the way to play the re-rise of generic drugs (WMT)

Generic and specialty pharmaceutical company, Teva Pharmaceutical's stock, has underperformed for years, but a potential spinoff may be a catalyst for growth

November 27, 2023 | marketbeat.com

2 Deadly Dividends to Sell “on the Rip” (and 2 Proven Payouts to Buy Now)

December 11, 2023 | yahoo.com

The 40+ best Walmart deals this week — save on Legos, KitchenAid, Dyson and more

December 11, 2023 | msn.com

Off-duty officer stops man threatening Avondale Walmart employee with knife

December 11, 2023 | americanbankingnews.com

Walmart Inc. (NYSE:WMT) Director S Robson Walton Sells 221 Shares

December 9, 2023 | seekingalpha.com

Investors, Take Advantage Of Walmart's Recent Pullback

December 8, 2023 | markets.businessinsider.com

Walmart (NYSE:WMT): Analysts Love This “Strong Buy” Dividend Aristocrat

December 7, 2023 | msn.com

Walmart (NYSE:WMT) Slides as Consumer Worries Emerge

December 7, 2023 | benzinga.com

Walmart Adapts To "Normalized" Hiring, But Consumer Caution Looms Large - CFO Says It "Made Us Sit Up In Our Chair"

December 7, 2023 | forbes.com

Walmart Taking Lead To Lower Prices With Current Customer Mood

December 6, 2023 | baystreet.ca

Keeping Workers Around Easier: Walmart Chief

December 6, 2023 | nasdaq.com

Walmart top executives say difficult to predict consumer behavior next year

December 6, 2023 | msn.com

Walmart CEO McMillon says hiring issues have improved - CNBC

December 6, 2023 | seekingalpha.com

Walmart Inc. (WMT) Presents at Morgan Stanley Global Consumer and Retail Conference (Transcript)

December 6, 2023 | benzinga.com

How To Earn $500 Per Month From Walmart Stock

December 6, 2023 | msn.com

Walmart CEO says consumers may not be as resilient next year - CNBC

December 6, 2023 | finance.yahoo.com

Walmart Inc's Dividend Analysis

See More Headlines

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Company Calendar

Last Earnings: 11/16/2023
Ex-Dividend for 1/2 Dividend: 12/07/2023
Ex-Dividend for 1/2 Dividend: 12/07/2023
Today: 12/11/2023
Dividend Payable: 1/02/2024
Dividend Payable: 1/02/2024
Fiscal Year End: 1/31/2024
Next Earnings (Estimated): 2/20/2024

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 Target: $179.44
High Stock Price Target: $210.00
Low Stock Price Target: $157.00
Potential Upside/Downside: +18.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.87
Research Coverage: 31 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.03
Trailing P/E Ratio: 25.02
Forward P/E Ratio: 23.39
P/E Growth: 3.2
Net Income: $11.68 billion
Net Margins: 2.55%
Pretax Margin: 3.64%
Return on Equity: 21.20%
Return on Assets: 7.06%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 0.85
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: 14.45
Book Value: $31.79 per share
Price / Book: 4.75

Miscellaneous

Outstanding Shares: 2,692,230,000
Free Float: 1,440,076,000
Market Cap: $406.15 billion
Optionable: Optionable
Beta: 0.48

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Key Executives

Mr. C. Douglas McMillon (Age 57)
President, CEO & Director
Comp: $4.7M
Mr. John David Rainey (Age 52)
Executive VP & CFO
Comp: $7.6M
Mr. Suresh Kumar (Age 58)
Global CTO, Chief Development Officer & Executive VP
Comp: $2.98M
Ms. Judith McKenna (Age 56)
Executive Vice President
Comp: $3.81M
Mr. John R. Furner (Age 48)
Executive VP, CEO & President of Walmart US
Comp: $3.18M
Ms. Kathryn J. McLay (Age 49)
Executive VP, President & CEO of Walmart International,
Comp: $3.19M
Ms. Rachel L. Brand (Age 49)
Executive VP of Global Governance, Chief Legal Officer & Corporate Secretary
Mr. Matthew Miner
Executive VP and Global Chief Ethics & Compliance Officer
Ms. Allyson Park
Chief Communications Officer
Mr. William White
Senior VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 Sunday, December 10, 2023 at 7:10 PM.

Pros

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

Strong Financial Performance: Walmart has consistently shown strong financial performance, with revenues growing by 6.72% to $611.3 million in fiscal 2023. This indicates the company's ability to generate consistent profits and returns for investors.
Global Presence: With over 11,500 stores in more than 24 countries, Walmart has a strong global presence. This provides diversification and potential for growth in different markets, reducing the risk associated with relying on a single market.
Market Dominance: Walmart is the largest employer in the world, with over 2.3 million employees worldwide. Its market dominance and economies of scale give it a competitive advantage over its rivals, allowing it to negotiate better deals with suppliers and offer competitive prices to customers.
Strong Dividend Yield: Walmart pays a 1.52% annual dividend yield, providing investors with a regular income stream in addition to potential capital appreciation.
Resilience to Economic Downturns: Walmart is known for its ability to perform well even during economic downturns. Its focus on essential products, such as groceries, makes it less susceptible to fluctuations in consumer spending during economic downturns.

Cons

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

Intense Competition: Walmart operates in a highly competitive retail industry, facing competition from both traditional brick-and-mortar retailers and e-commerce giants like Amazon. This intense competition can put pressure on profit margins and market share.
Regulatory Risks: As a large multinational corporation, Walmart is subject to various regulations and legal risks in different countries. Changes in regulations or legal issues can impact the company's operations and financial performance.
Online Retail Challenges: While Walmart has made significant investments in its e-commerce capabilities, it still faces challenges in competing with online retail giants like Amazon. The shift towards online shopping and changing consumer preferences pose a risk to Walmart's traditional retail business.
Labor Relations: Walmart has faced criticism and legal challenges related to its labor practices and treatment of employees. Labor disputes and negative publicity can impact the company's reputation and potentially affect its financial performance.
Stock Price Volatility: Like any publicly traded company, Walmart's stock price is subject to market volatility. Factors such as economic conditions, industry trends, and investor sentiment can cause significant fluctuations in the stock price, which may impact investor returns.

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 twelve months. There are currently 4 hold ratings and 27 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 objectives for Walmart's stock. Their WMT share price targets range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $179.44 in the next twelve months. This suggests a possible upside of 19.2% 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 on January 1st, 2023. Since then, WMT shares have increased by 6.2% and is now trading at $150.59.
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, February 20th 2024.
View our WMT earnings forecast.
How were Walmart's earnings last quarter?: Walmart Inc. (NYSE:WMT) announced its quarterly earnings data on Thursday, November, 16th. The retailer reported $1.53 EPS for the quarter, meeting the consensus estimate of $1.53. The retailer had revenue of $160.80 billion for the quarter, compared to the consensus estimate of $159.65 billion. Walmart had a net margin of 2.55% and a trailing twelve-month return on equity of 21.20%. The firm's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the business posted $1.50 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 17th. Stockholders of record on Friday, August 11th will be given a dividend of $0.57 per share on Tuesday, September 5th. This represents a $2.28 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Thursday, August 10th.
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 1.51%. The company has been increasing its dividend for 50 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 32.62% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

How will Walmart's stock buyback program work?: Walmart declared that its board has authorized a stock repurchase program on Tuesday, November 15th 2022, which permits the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase programs are often 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 FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share (EPS) guidance of 6.40-6.48 for the period, compared to the consensus EPS estimate of $6.50. The company issued revenue guidance of +5.0-5.5% yr/yr to $641.6-644.6 billion, compared to the consensus revenue estimate of $642.32 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 a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (0.89%), FMR LLC (0.63%), Northern Trust Corp (0.55%), Ameriprise Financial Inc. (0.48%), Bank of New York Mellon Corp (0.44%) 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 D Rainey, John R Furner, 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.
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.
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This page (NYSE:WMT) was last updated on 12/11/2023 by MarketBeat.com Staff

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