Walmart (WMT) Stock Forecast, Price & News

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 5 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WMT shares.
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29 brokerages have issued twelve-month target prices for Walmart's shares. Their WMT share price forecasts range from $135.00 to $180.00. On average, they anticipate the company's share price to reach $166.13 in the next year. This suggests a possible upside of 13.7% 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 shares have increased by 3.0% and is now trading at $146.06.
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Walmart saw a increase in short interest in 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 daily volume of 6,620,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.0% of the company's shares are sold short.
View Walmart's Short Interest.

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

Walmart Inc. (NYSE:WMT) issued its quarterly earnings results on Thursday, May, 18th. The retailer reported $1.47 earnings per share (EPS) 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 the consensus estimate of $147.91 billion. Walmart had a trailing twelve-month return on equity of 21.30% and a net margin of 1.82%. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.30 earnings per share.
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Walmart announced 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 1.56%. The ex-dividend date is Thursday, December 7th.
Read our dividend analysis for WMT.

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).

Walmart (NYSE:WMT) pays an annual dividend of $2.28 per share and currently has a dividend yield of 1.56%. 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.

Walmart declared that its Board of Directors has authorized a share repurchase 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 shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Walmart issued an update on its second quarter 2024 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $1.63-$1.68 for the period, compared to the consensus earnings per share 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.

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 number of retail and institutional 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.
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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 $146.06.

Walmart (NYSE:WMT) has a market capitalization of $393.97 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.

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.