Walmart - WMT Stock Forecast, Price & News

29 Wall Street 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 research analysts is that investors should "buy" WMT shares.
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29 Wall Street research analysts have issued 1-year price targets for Walmart's shares. Their WMT share price forecasts range from $135.00 to $176.00. On average, they predict the company's share price to reach $160.91 in the next twelve months. This suggests a possible upside of 13.5% 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 decreased by 0.1% and is now trading at $141.71.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our WMT earnings forecast.

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.

Walmart Inc. (NYSE:WMT) released its earnings results on Tuesday, November, 15th. The retailer reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.18. The retailer earned $152.80 billion during the quarter, compared to analyst estimates of $146.80 billion. Walmart had a trailing twelve-month return on equity of 19.54% and a net margin of 1.49%. Walmart's revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.45 earnings per share.
Read the conference call transcript.

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 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 1.56%. 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.

Walmart declared that its Board of Directors has authorized a share buyback program on Tuesday, November 15th 2022, which authorizes the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Walmart issued an update on its fourth quarter 2023 earnings guidance on Thursday, December, 15th. The company provided earnings per share (EPS) 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.

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 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.
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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 $141.71.

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.

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.