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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
These Indicators Are Pointing To a Rally In Bank Of America, Soon
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
These Indicators Are Pointing To a Rally In Bank Of America, Soon
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
Modern Day Options Trading For Beginners! (Ad)pixel
Union Pacific 2nd railroad to drop push for one-person crews
These Indicators Are Pointing To a Rally In Bank Of America, Soon
NYSE:WMT

Walmart - WMT Stock Forecast, Price & News

$141.80
+1.15 (+0.82%)
(As of 03/24/2023 08:52 PM ET)
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Compare
Today's Range
$140.60
$142.47
50-Day Range
$136.97
$147.33
52-Week Range
$117.27
$160.77
Volume
7.58 million shs
Average Volume
6.45 million shs
Market Capitalization
$382.24 billion
P/E Ratio
33.13
Dividend Yield
1.61%
Price Target
$162.44

Walmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
14.6% Upside
$162.44 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.77
Upright™ Environmental Score
News Sentiment
-0.16mentions of Walmart in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$2.04 B Sold Last Quarter
Proj. Earnings Growth
10.53%
From $6.08 to $6.72 Per Share

Overall MarketRank

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

2.65 out of 5 stars

Retail/Wholesale Sector

33rd out of 210 stocks

Variety Stores Industry

4th out of 11 stocks


WMT stock logo

About Walmart (NYSE:WMT) Stock

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.

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WMT Stock News Headlines

A Weakening Economy Suggests Caution Before Buying Five Below (WMT)
In the long run Five Below may pay off for investors, but if you’re looking to make money in the market right now, there may be better options
This Is What To Expect From The Q2 Reporting Cycle  (WMT)
There are more signs than fractured banks that economic doom is upon us, the earnings outlook is falling and may bring the S&P 500 to new lows.
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Etsy Stock: Crafty Bargain or Piece of Junk? (WMT)
Two months into a topsy turvy 2023, the market isn’t sure what to make of Etsy. Let’s sort out some of the main arguments coming from the bulls and bears.
Fossil Group: Should You Bet On Consumer Discretionary In 2023?  (WMT)
Fossil Group, Inc had a rough quarter and is guiding for another tough year but there is an opportunity brewing for the 2nd half of the year.
BJ’s Wholesale Club Stock Moves Higher After Strong Results (WMT)
BJ's Wholesale Club confirms its uptrend following strong results that point to additional growth and another record-setting year in 2023.
10 Best Consumer Staples ETFs (WMT)
Consumer staples ETFs may offer trading flexibility, portfolio diversification and tax benefits. Check out the best consumer staples ETFs.
PDD Holdings Deserves a Spot on Your Watchlist as China Reopens (WMT)
PDD Holdings may have overtaken some of its bigger international competitors positioning itself for a strong comeback in its unstoppable profitability path.
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Dick’s Sporting Goods Scores Win for Investors (WMT)
Dick's Sporting Goods hiked its dividend more than 100% and is now a high-yield value in the retail world... and results and guidance are good.
Is Plug Power A Dead Connection?  (WMT)
Plug Power is powering to new lows following a weak report but the guidance is strong and suggests a rebound could begin later in the year.
What Are Blue Chip Stocks? An Overview of Blue Chips (WMT)
Blue chip stocks come from stable, established companies that are usually household names. Learn more about blue chip stocks with MarketBeat.
Walmart (WMT) Stock Moves -0.64%: What You Should Know
The Best Stock to Buy for Stability in 2023
Walmart Is Down 13% From Its High. Time to Buy?
See More Headlines
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WMT Company Calendar

Ex-Dividend for 1/3 Dividend
12/08/2022
Dividend Payable
1/03/2023
Last Earnings
2/21/2023
Ex-Dividend for 4/3 Dividend
3/16/2023
Today
3/26/2023
Dividend Payable
4/03/2023
Next Earnings (Estimated)
5/16/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
CUSIP
93114210
Employees
2,300,000
Year Founded
1962

Price Target and Rating

Average Stock Price Forecast
$162.44
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
30 Analysts

Profitability

Net Income
$11.68 billion
Pretax Margin
2.78%

Debt

Sales & Book Value

Annual Sales
$611.29 billion
Cash Flow
$10.52 per share
Book Value
$31.07 per share

Miscellaneous

Outstanding Shares
2,695,660,000
Free Float
1,427,080,000
Market Cap
$382.24 billion
Optionable
Optionable
Beta
0.48

Social Links


Key Executives

  • C. Douglas McMillonC. Douglas McMillon
    President, Chief Executive Officer & Director
  • Dacona Smith
    Chief Operating Officer & Executive Vice President
  • John David Rainey
    Chief Financial Officer & Executive Vice President
  • Jerry R. Geisler
    Chief Information Security Officer & Senior VP
  • Suresh Kumar
    EVP, Chief Technology & Development Officer













WMT Stock - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

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.

What is Walmart's stock price forecast for 2023?

30 equities research analysts have issued 12-month price objectives 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 $162.44 in the next twelve months. This suggests a possible upside of 14.6% 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 at the beginning of the year. Since then, WMT shares have increased by 0.0% and is now trading at $141.80.
View the best growth stocks for 2023 here
.

Are investors shorting Walmart?

Walmart saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 12,530,000 shares, an increase of 19.9% from the January 31st total of 10,450,000 shares. Based on an average trading volume of 5,960,000 shares, the short-interest ratio is currently 2.1 days. Approximately 0.9% of the company's stock are sold short.
View Walmart's Short Interest
.

When is Walmart's next earnings date?

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

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) issued its earnings results on Tuesday, February, 21st. The retailer reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.20. The retailer had revenue of $164.05 billion for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the business posted $1.53 earnings per share.
Read the conference call transcript
.

How often does Walmart pay dividends? What is the dividend yield for Walmart?

Walmart announced a quarterly dividend on Friday, February 24th. Stockholders of record on Friday, December 8th will be paid 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 1.61%. The ex-dividend date of this dividend is Thursday, December 7th.
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 1.62%. 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.

How will Walmart's stock buyback program work?

Walmart declared that its Board of Directors has initiated a share buyback plan 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 reacquire up to 5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

What guidance has Walmart issued on next quarter's earnings?

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 earnings per share 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.

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).

What is Walmart's stock symbol?

Walmart trades on the New York Stock Exchange (NYSE) under the ticker symbol "WMT."

Who are Walmart's major shareholders?

Walmart's stock is owned by a variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.92%), Moneta Group Investment Advisors LLC (0.85%), Morgan Stanley (0.83%), Price T Rowe Associates Inc. MD (0.80%), Norges Bank (0.68%) and Charles Schwab Investment Management Inc. (0.41%). 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, Kathryn J Mclay, 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.

What is Walmart's stock price today?

One share of WMT stock can currently be purchased for approximately $141.80.

How much money does Walmart make?

Walmart (NYSE:WMT) has a market capitalization of $382.24 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.

How many employees does Walmart have?

The company employs 2,300,000 workers across the globe.

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
How can I contact Walmart?

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.

This page (NYSE:WMT) was last updated on 3/27/2023 by MarketBeat.com Staff