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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
Closing prices for crude oil, gold and other commodities
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
Ford, Starbucks fall; Clorox, Gilead Sciences rise
How major US stock indexes fared Friday 2/3/2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man

Walmart - WMT Stock Forecast, Price & News

$141.71
-1.91 (-1.33%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$140.86
$143.96
50-Day Range
$138.83
$153.51
52-Week Range
$117.27
$160.77
Volume
5.72 million shs
Average Volume
5.18 million shs
Market Capitalization
$382.16 billion
P/E Ratio
43.74
Dividend Yield
1.56%
Price Target
$160.91

Walmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
13.5% Upside
$160.91 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.77
Upright™ Environmental Score
News Sentiment
-0.05mentions of Walmart in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.31 B Sold Last Quarter
Proj. Earnings Growth
7.24%
From $6.08 to $6.52 Per Share

Overall MarketRank

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

2.80 out of 5 stars

Retail/Wholesale Sector

15th out of 213 stocks

Variety Stores Industry

2nd 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

Bed Bath & Beyond Is Circling the Drain (WMT)
Bed Bath & Beyond is on the verge of liquidation and it could have far-reaching implications for the retail industry, here are some potential winners.
Tractor Supply Company Shares Could be Headed to New Highs  (WMT)
Tractor Supply Company is getting a string of upgrades and price target increases ahead of earnings that could send it up to a new high.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Nordstrom Puts Fear Of Markdowns Into Retail Sector (WMT)
Nordstrom cut its guidance and shares are imploding, it this is a trend in retail the entire complex will move lower and drag on the S&P 500 too.
Is Walgreens Boots Alliance Earnings Miss Good For Investors? (WMT)
Integrated healthcare and pharmacy retailer Walgreens Boots Alliance Inc. (NYSE: WBA) stock recovered some sell-off losses from its fiscal Q1 2023 earnings
What Macy’s Guidance Means For Retail  (WMT)
Macy's lowered its guidance and investors should take note, if this develops into a trend across the retail sector it could bring down the entire S&P 500 index
Tesla's Road to Recovery is a Long, Promising One (WMT)
Things may remain bumpy for Tesla as it navigates several challenges, but the road should smooth over time for Elon Musk and company.
Can Walmart Steal Customers From Amazon Business Prime?
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
The Rise (and Retreat) of Retail Stocks
Walmart (NYSE:WMT) Lifted to "Buy" at Tigress Financial
Walmart Inc. (NYSE:WMT) EVP John R. Furner Sells 4,375 Shares
Walmart Inc. (NYSE:WMT) CEO C Douglas Mcmillon Sells 9,708 Shares
2 Stocks to Buy Now From a Top Sector
How Walmart's US CEO views future of consumer loyalty
3 Stocks That Beat the S&P During the Great Recession
2 Grocery Stocks to Buy for a Potential Recession
See More Headlines
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WMT Company Calendar

Last Earnings
11/15/2022
Ex-Dividend for 1/3 Dividend
12/08/2022
Dividend Payable
1/03/2023
Today
2/04/2023
Next Earnings (Confirmed)
2/21/2023
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
$160.91
High Stock Price Forecast
$176.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+13.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
29 Analysts

Profitability

Net Income
$13.67 billion
Pretax Margin
2.15%

Debt

Sales & Book Value

Annual Sales
$572.75 billion
Cash Flow
$10.24 per share
Book Value
$33.13 per share

Miscellaneous

Outstanding Shares
2,696,800,000
Free Float
1,427,686,000
Market Cap
$382.16 billion
Optionable
Optionable
Beta
0.52

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
  • Clay Johnson
    Enterprise Chief Information Officer & EVP













WMT Stock - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

29 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, 9 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research 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?

29 brokerages have issued 12 month price targets for Walmart's stock. Their WMT share price forecasts range from $135.00 to $176.00. On average, they anticipate the company's stock price to reach $160.91 in the next year. This suggests a possible upside of 13.5% 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 start of the year. Since then, WMT stock has decreased by 0.1% and is now trading at $141.71.
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 21st 2023.
View our WMT earnings forecast
.

How can I listen to Walmart's earnings call?

Walmart will be holding an earnings conference call on Tuesday, February 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) announced its quarterly earnings results on Tuesday, November, 15th. The retailer reported $1.50 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.18. The retailer had revenue of $152.80 billion for 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% on a year-over-year basis. During the same period in the previous year, the business earned $1.45 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 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 yield of 1.58%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for WMT
.

Is Walmart a good dividend stock?

Walmart (NYSE:WMT) pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.55%. 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 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 34.36% 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 has authorized a share buyback 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 a sign that the company's board believes its stock is undervalued.

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

Walmart updated its fourth quarter 2023 earnings guidance on Thursday, December, 15th. The company provided earnings per share guidance of $1.45-$1.48 for the period, compared to the consensus EPS 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.

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 many different institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), New York State Common Retirement Fund (0.10%), New York State Teachers Retirement System (0.06%), Bank Julius Baer & Co. Ltd Zurich (0.06%) and Cullinan Associates Inc. (0.06%). 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.
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 $141.71.

How much money does Walmart make?

Walmart (NYSE:WMT) has a market capitalization of $382.16 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.

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 2/4/2023 by MarketBeat.com Staff