Walmart - WMT Stock Forecast, Price & News

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WMT shares.
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27 Wall Street research analysts have issued 12 month price targets for Walmart's shares. Their WMT share price forecasts range from $135.00 to $175.00. On average, they predict the company's share price to reach $160.14 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
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Walmart's stock was trading at $144.69 at the beginning of the year. Since then, WMT stock has increased by 5.8% and is now trading at $153.07.
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Walmart saw a drop in short interest in the month of October. As of October 15th, there was short interest totaling 11,770,000 shares, a drop of 19.4% from the September 30th total of 14,610,000 shares. Based on an average daily trading volume, of 7,780,000 shares, the days-to-cover ratio is presently 1.5 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our WMT earnings forecast.

Walmart Inc. (NYSE:WMT) posted its quarterly earnings results on Tuesday, November, 15th. The retailer reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.18. The retailer earned $152.80 billion during the quarter, compared to the consensus estimate of $146.80 billion. Walmart had a net margin of 1.49% and a trailing twelve-month return on equity of 19.54%. The firm's revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.45 earnings per share.
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Walmart announced a quarterly dividend on Thursday, February 17th. Shareholders of record on Friday, December 9th will be paid a dividend of $0.56 per share on Tuesday, January 3rd. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for WMT.

Walmart (NYSE:WMT) pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.47%. The company has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 34.04% 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 initiated a share repurchase plan on Tuesday, November 15th 2022, which permits the company to repurchase $20,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Walmart updated its fourth quarter 2023 earnings guidance on Tuesday, November, 15th. The company provided earnings per share (EPS) guidance of $1.45-$1.48 for the period, compared to the consensus earnings per share estimate of $1.46. The company issued revenue guidance of $156.07 billion-$156.07 billion, compared to the consensus revenue estimate of $158.76 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 shareholders include Vanguard Group Inc. (4.80%), BlackRock Inc. (3.56%), State Street Corp (2.23%), Price T Rowe Associates Inc. MD (0.79%), Bank of New York Mellon Corp (0.43%) and Dimensional Fund Advisors LP (0.37%). 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, John R Furner, Judith J Mckenna, Judith J Mckenna, Kathryn J Mclay, 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 $153.07.

Walmart (NYSE:WMT) has a market capitalization of $415.47 billion and generates $572.75 billion in revenue each year. The retailer earns $13.67 billion in net income (profit) each year or $3.24 on an earnings per share basis.

The company employs 2,300,000 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.