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S&P 500   4,769.83
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QQQ   409.52
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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Walmart (WMT) Stock Price, News & Analysis

$157.65
+0.08 (+0.05%)
(As of 12/29/2023 ET)
Today's Range
$157.16
$158.08
50-Day Range
$150.86
$169.74
52-Week Range
$136.09
$169.94
Volume
7.32 million shs
Average Volume
8.70 million shs
Market Capitalization
$424.43 billion
P/E Ratio
26.14
Dividend Yield
1.45%
Price Target
$179.44

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
13.8% Upside
$179.44 Price Target
Short Interest
Healthy
0.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.21mentions of Walmart in the last 14 days
Based on 50 Articles This Week
Insider Trading
Selling Shares
$1.01 B Sold Last Quarter
Proj. Earnings Growth
8.37%
From $6.45 to $6.99 Per Share

Overall MarketRank

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

2.91 out of 5 stars

Retail/Wholesale Sector

16th out of 205 stocks

Variety Stores Industry

2nd out of 11 stocks


WMT stock logo

About Walmart Stock (NYSE:WMT)

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.

WMT Stock Price History

WMT Stock News Headlines

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What are consumer staples stocks? (WMT)
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Kroger shares are begging to be bought  (WMT)
Kroger had a solid quarter proving its value to investors. The balance sheet is in fine shape ahead of an expected merger and dividend growth is on tap.
John R. Furner Sells 4,375 Shares of Walmart Inc. (NYSE:WMT) Stock
See More Headlines
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Company Calendar

Last Earnings
11/16/2023
Ex-Dividend for 1/2 Dividend
12/07/2023
Ex-Dividend for 1/2 Dividend
12/07/2023
Today
12/31/2023
Dividend Payable
1/02/2024
Dividend Payable
1/02/2024
Fiscal Year End
1/31/2024
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
CUSIP
93114210
Employees
2,100,000
Year Founded
1962

Price Target and Rating

Average Stock Price Target
$179.44
High Stock Price Target
$210.00
Low Stock Price Target
$157.00
Potential Upside/Downside
+13.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
31 Analysts

Profitability

Net Income
$11.68 billion
Pretax Margin
3.64%

Debt

Sales & Book Value

Annual Sales
$611.29 billion
Cash Flow
$10.44 per share
Book Value
$31.79 per share

Miscellaneous

Outstanding Shares
2,692,230,000
Free Float
1,440,076,000
Market Cap
$424.43 billion
Optionable
Optionable
Beta
0.48

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WMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 4 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WMT shares.
View WMT analyst ratings
or view top-rated stocks.

What is Walmart's stock price target for 2024?

31 Wall Street analysts have issued 12 month target prices for Walmart's shares. Their WMT share price targets range from $157.00 to $210.00. On average, they anticipate the company's stock price to reach $179.44 in the next year. This suggests a possible upside of 13.8% 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 increased by 11.2% and is now trading at $157.65.
View the best growth stocks for 2023 here
.

Are investors shorting Walmart?

Walmart saw a increase in short interest in December. As of December 15th, there was short interest totaling 13,350,000 shares, an increase of 27.8% from the November 30th total of 10,450,000 shares. Based on an average trading volume of 7,420,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the company's shares are short sold.
View Walmart's Short Interest
.

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our WMT earnings forecast
.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) posted its quarterly earnings data on Thursday, November, 16th. The retailer reported $1.53 EPS for the quarter, meeting the consensus estimate of $1.53. The retailer earned $160.80 billion during the quarter, compared to analysts' expectations of $159.65 billion. Walmart had a trailing twelve-month return on equity of 21.20% and a net margin of 2.55%. The company's revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.50 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 Friday, February 17th. Stockholders of record on Friday, August 11th will be given a dividend of $0.57 per share on Tuesday, September 5th. This represents a $2.28 annualized dividend and a yield of 1.45%. The ex-dividend date is Thursday, August 10th.
Read our dividend analysis for WMT
.

Is Walmart a good dividend stock?

Walmart (NYSE:WMT) pays an annual dividend of $2.28 per share and currently has a dividend yield of 1.45%. 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 37.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WMT will have a dividend payout ratio of 32.62% 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 initiated a stock repurchase plan on Tuesday, November 15th 2022, which permits the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

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

Walmart updated its FY24 earnings guidance on Thursday, November, 16th. The company provided earnings per share (EPS) guidance of 6.40-6.48 for the period, compared to the consensus EPS estimate of $6.50. The company issued revenue guidance of +5.0-5.5% yr/yr to $641.6-644.6 billion, compared to the consensus revenue estimate of $642.32 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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:WMT) was last updated on 12/31/2023 by MarketBeat.com Staff

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