S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Building Wealth - $89 Offer for New Members (Ad)pixel
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Building Wealth - $89 Offer for New Members (Ad)pixel
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Building Wealth - $89 Offer for New Members (Ad)pixel
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Building Wealth - $89 Offer for New Members (Ad)pixel
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Building Wealth - $89 Offer for New Members (Ad)pixel
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Building Wealth - $89 Offer for New Members (Ad)pixel
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Building Wealth - $89 Offer for New Members (Ad)pixel
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Building Wealth - $89 Offer for New Members (Ad)pixel
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?

Walmart - WMT Stock Forecast, Price & News

$152.42
-0.55 (-0.36%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$151.20
$152.77
50-Day Range
$128.56
$153.51
52-Week Range
$117.27
$160.77
Volume
10.10 million shs
Average Volume
8.14 million shs
Market Capitalization
$413.70 billion
P/E Ratio
47.04
Dividend Yield
1.46%
Price Target
$160.14

Walmart MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
5.1% Upside
$160.14 Price Target
Short Interest
Healthy
0.44% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.82
Upright™ Environmental Score
News Sentiment
-0.10mentions of Walmart in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$554.04 M Sold Last Quarter
Proj. Earnings Growth
8.22%
From $6.08 to $6.58 Per Share

Overall MarketRank

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

2.56 out of 5 stars

Retail/Wholesale Sector

54th out of 216 stocks

Variety Stores Industry

3rd 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.

Receive WMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Walmart and its competitors with MarketBeat's FREE daily newsletter.

WMT Stock News Headlines

Best Buy Proves Brick and Mortar is Here to Stay (WMT)
Consumer electronics retailer Best Buy (NYSE: BBY) is the last and the largest pure-play electronics big box store. They’ve outlasted prior competitors
Black Friday Deals on These 3 Dividend Plays (WMT)
Discounted prices means investors will have the opportunity to bank some nice yields on above-market dividend payers. These are a few of our favorites.
Is GameStop Stock Setting Up for Another Short Squeeze? (WMT)
Video game and accessories reseller GameStop (NYSE: GME) stock had its wings clipped since kicking off the 2021 meme stock frenzy.
BJ’s Wholesale Club: Beware The Sell-Side  (WMT)
Solid Earnings and Potential Growth Make Costco a Moderate Buy (WMT)
Costco has had strong earnings and analysts project the growth will continue but comparable data shows this may be consistent across the industry
The TJX Companies Could Break Out To New Highs (WMT)
The TJX Companies is trading near an all-time-high level but probably won't set a new one unless something changes in the outlook.
Don’t Chase Walmart Higher, Wait For Extra Low Prices
Walmart popped on better-than-expected news but the strength may already be priced into the market and there are some technical hurdles ahead.
Wayfair Still Has Its Fair Share of Issues (WMT)
It may seem tempting to declare Wayfair a potential 2023 turnaround story, but plenty of headwinds remain - including a slowdown in U.S. e-commerce activity.
As Mega Caps Get Crushed, This Mid Cap Tech Stock Is Crushing It (WMT)
Impinj's technology is a game changer across many industries and yet it continues to fly under the radar. That may soon change.
Walmart (NYSE:WMT) Given a $165.00 Price Target at Guggenheim
Walmart (NYSE:WMT) Price Target Raised to $164.00 at Morgan Stanley
Walmart (NYSE:WMT) Given New $165.00 Price Target at KeyCorp
See More Headlines
Receive WMT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Walmart and its competitors with MarketBeat's FREE daily newsletter.

WMT Company Calendar

Ex-Dividend for 9/6 Dividend
8/11/2022
Dividend Payable
9/06/2022
Last Earnings
11/15/2022
Today
11/30/2022
Ex-Dividend for 1/3 Dividend
12/08/2022
Dividend Payable
1/03/2023
Fiscal Year End
1/31/2023
Next Earnings (Estimated)
2/16/2023

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
$160.14
High Stock Price Forecast
$175.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+5.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
27 Analysts

Profitability

Net Income
$13.67 billion
Pretax Margin
2.15%

Debt

Sales & Book Value

Annual Sales
$572.75 billion
Cash Flow
$10.31 per share
Book Value
$29.52 per share

Miscellaneous

Outstanding Shares
2,714,238,000
Free Float
1,436,918,000
Market Cap
$413.70 billion
Optionable
Optionable
Beta
0.52

Social Links


Key Executives

  • Mr. C. Douglas McMillonMr. C. Douglas McMillon (Age 56)
    Pres, CEO & Director
    Comp: $5.45M
  • Mr. Suresh Kumar (Age 57)
    Global CTO, Chief Devel. Officer & Exec. VP
    Comp: $3.68M
  • Ms. Judith McKennaMs. Judith McKenna (Age 55)
    Exec. VP, Pres & CEO of Walmart International
    Comp: $4.03M
  • Mr. John R. FurnerMr. John R. Furner (Age 47)
    Exec. VP, CEO & Pres of Walmart US
    Comp: $3.95M
  • Mr. M. Brett BiggsMr. M. Brett Biggs (Age 54)
    Advisor
    Comp: $3.24M
  • Ms. Kathryn J. McLayMs. Kathryn J. McLay (Age 48)
    Exec. VP, Pres & CEO of Sam's Club Division
    Comp: $2.88M
  • Mr. John David Rainey (Age 51)
    Exec. VP & Chief Financial Officer
  • Mr. Christopher NicholasMr. Christopher Nicholas
    Exec. VP & COO
  • Ms. Rachel L. BrandMs. Rachel L. Brand (Age 48)
    Exec. VP of Global Governance, Chief Legal Officer & Corp. Sec.
  • Mr. Matthew Miner
    Exec. VP and Global Chief Ethics & Compliance Officer













WMT Stock - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

27 Wall Street 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 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?

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 anticipate the company's stock price to reach $160.14 in the next year. This suggests a possible upside of 5.1% 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 2022?

Walmart's stock was trading at $144.69 at the start of the year. Since then, WMT stock has increased by 5.3% and is now trading at $152.42.
View the best growth stocks for 2022 here
.

When is Walmart's next earnings date?

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

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) issued 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 trailing twelve-month return on equity of 19.54% and a net margin of 1.49%. The company'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 company 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 announced a quarterly dividend on Thursday, February 17th. Investors 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 annualized dividend and a yield of 1.47%. 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 1.46%. 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.

How will Walmart's stock buyback program work?

Walmart declared that its Board of Directors has approved a share buyback program on Tuesday, November 15th 2022, which allows the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

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

Walmart issued an update on its fourth quarter 2023 earnings guidance on Tuesday, November, 15th. The company provided earnings per share 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.

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 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.
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 $152.42.

How much money does Walmart make?

Walmart (NYSE:WMT) has a market capitalization of $413.70 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 12/1/2022 by MarketBeat.com Staff