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.
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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.
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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.
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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.

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 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.
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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.

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 1.62%. 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.

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.

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.

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 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.
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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 $141.80.

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.

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.