Walmart (WMT) Stock Price, News & Analysis

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 4 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WMT shares.
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29 brokerages have issued 1 year target prices for Walmart's shares. Their WMT share price targets range from $55.00 to $75.00. On average, they predict the company's share price to reach $61.97 in the next year. This suggests that the stock has a possible downside of 3.2%.
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Walmart's stock was trading at $52.55 at the start of the year. Since then, WMT stock has increased by 21.8% and is now trading at $63.99.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
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Walmart Inc. (NYSE:WMT) released its quarterly earnings results on Thursday, May, 16th. The retailer reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.08. The retailer earned $161.50 billion during the quarter, compared to analyst estimates of $159.57 billion. Walmart had a trailing twelve-month return on equity of 21.08% and a net margin of 2.39%. The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 earnings per share.

Walmart announced a quarterly dividend on Monday, February 26th. Shareholders of record on Friday, December 13th will be given a dividend of $0.2075 per share on Monday, January 6th. This represents a $0.83 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, December 13th.
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Walmart (NYSE:WMT) pays an annual dividend of $0.83 per share and currently has a dividend yield of 1.37%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 32.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WMT.

ETFs with the largest weight of Walmart (NYSE:WMT) stock in their portfolio include Consumer Staples Select Sector SPDR Fund (XLP), Fidelity MSCI Consumer Staples Index ETF (FSTA), Vanguard Consumer Staples ETF (VDC), ProShares Ultra Consumer Staples (UGE), VanEck Retail ETF (RTH), iShares U.S. Consumer Focused ETF (IEDI), PGIM Jennison Focused Value ETF (PJFV) and Pacer BioThreat Strategy ETF (VIRS).

Walmart shares split on Monday, February 26th 2024. The 3-1 split was announced on Tuesday, January 30th 2024. The newly created shares were distributed to shareholders after the closing bell on Monday, February 26th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

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

Walmart issued an update on its second quarter earnings guidance on Thursday, May, 16th. The company provided earnings per share (EPS) guidance of $0.62-0.65 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of +3.5-4.5% yr/yr to $167.29-168.58 billion, compared to the consensus revenue estimate of $167.62 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's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.11%), Price T Rowe Associates Inc. MD (0.71%), Bank of New York Mellon Corp (0.36%), Raymond James & Associates (0.17%), Swiss National Bank (0.17%) and Sumitomo Mitsui Trust Holdings Inc. (0.16%). 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 D Rainey, John R Furner, Judith J Mckenna, M Brett Biggs, Rachel L Brand 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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