Walmart - WMT Stock Forecast, Price & News

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WMT shares.
View WMT analyst ratings or view top-rated stocks.

30 equities research analysts have issued 1-year target prices for Walmart's stock. Their WMT share price forecasts range from $135.00 to $180.00. On average, they expect the company's share price to reach $163.06 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for WMT or view top-rated stocks among Wall Street analysts.

Walmart's stock was trading at $141.79 at the start of the year. Since then, WMT stock has increased by 4.0% and is now trading at $147.45.
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Walmart saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 9,960,000 shares, a decline of 21.0% from the February 28th total of 12,600,000 shares. Based on an average daily volume of 6,160,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.7% of the shares of the company are short sold.
View Walmart's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 16th 2023.
View our WMT earnings forecast.

Walmart Inc. (NYSE:WMT) issued its earnings results on Tuesday, February, 21st. The retailer reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.20. The retailer earned $164.05 billion during the quarter, compared to the consensus estimate of $158.67 billion. Walmart had a trailing twelve-month return on equity of 20.45% and a net margin of 1.91%. The company's revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $1.53 earnings per share.
Read the conference call transcript.

Walmart announced a quarterly dividend on Friday, February 24th. Stockholders 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 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend 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), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Vanguard Consumer Staples ETF (VDC), iShares U.S. Consumer Focused ETF (IEDI), Fidelity MSCI Consumer Staples Index ETF (FSTA), Pacer BioThreat Strategy ETF (VIRS), Consumer Staples Select Sector SPDR Fund (XLP) 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 1.59%. 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 53.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 33.93% 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 has authorized a share buyback plan on Tuesday, November 15th 2022, which permits the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Walmart updated its first quarter 2024 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $1.25-$1.30 for the period, compared to the consensus EPS estimate of $1.36. The company issued revenue guidance of $148.33 billion-$149.04 billion, compared to the consensus revenue estimate of $146.70 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."

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 $147.45.

Walmart (NYSE:WMT) has a market capitalization of $397.48 billion and generates $611.29 billion in revenue each year. The retailer earns $11.68 billion in net income (profit) each year or $4.28 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.