S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities

Walmart (WMT) Stock Price, News & Analysis

$59.93
-0.21 (-0.35%)
(As of 04/15/2024 ET)
Today's Range
$59.91
$60.70
50-Day Range
$56.19
$61.43
52-Week Range
$48.34
$61.65
Volume
10.54 million shs
Average Volume
13.07 million shs
Market Capitalization
$482.92 billion
P/E Ratio
31.32
Dividend Yield
1.38%
Price Target
$61.60

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
2.8% Upside
$61.60 Price Target
Short Interest
Healthy
0.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.43mentions of Walmart in the last 14 days
Based on 70 Articles This Week
Insider Trading
Selling Shares
$1.70 B Sold Last Quarter
Proj. Earnings Growth
8.05%
From $2.36 to $2.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Retail/Wholesale Sector

50th out of 204 stocks

Variety Stores Industry

7th 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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UBS Reaffirms Their Buy Rating on Walmart (WMT)
Walmart (NYSE:WMT) Trading 0.5% Higher
WMT Mar 2025 55.000 call
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Dividend Payable
4/01/2024
Today
4/15/2024
Ex-Dividend for 4/1 Dividend
5/09/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
1/31/2025

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
$61.60
High Stock Price Target
$75.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.87
Research Coverage
30 Analysts

Profitability

Net Income
$15.51 billion
Pretax Margin
3.37%

Debt

Sales & Book Value

Annual Sales
$648.13 billion
Cash Flow
$3.68 per share
Book Value
$11.19 per share

Miscellaneous

Outstanding Shares
8,058,050,000
Free Float
4,310,250,000
Market Cap
$482.92 billion
Optionable
Optionable
Beta
0.49

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Should I Buy Walmart Stock? WMT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Walmart:

  • Walmart has shown consistent growth in its stake ownership by institutional investors, indicating confidence in the company's performance and potential for future returns.
  • Recent increases in Walmart's stock price have provided investors with capital appreciation opportunities, reflecting positive market sentiment towards the company.
  • Walmart's diversified business segments, including Walmart U.S., Walmart International, and Sam's Club, provide stability and resilience against market fluctuations.
  • Expansion of Walmart's ecommerce presence through platforms like walmart.com and flipkart.com has positioned the company well in the growing online retail market.
  • Walmart's strong financial position and cash flow generation capabilities offer investors a sense of security and potential for dividend payouts.

Cons

Investors should be bearish about investing in Walmart for these reasons:

  • Despite recent stock price increases, Walmart faces intense competition in the retail industry, which could impact its market share and profitability.
  • Concerns about potential regulatory challenges or antitrust issues could create uncertainties for Walmart's future operations and growth strategies.
  • Fluctuations in consumer spending patterns and economic conditions may affect Walmart's sales performance and overall revenue streams.
  • Rising operational costs, including labor and supply chain expenses, could put pressure on Walmart's profit margins and financial performance.
  • Market volatility and macroeconomic factors could influence Walmart's stock price, leading to potential short-term fluctuations in investment returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Walmart pros and cons to contact@marketbeat.com.

WMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Walmart in the last year. There are currently 4 hold ratings and 26 buy ratings for the stock. The consensus among Wall Street 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?

30 Wall Street analysts have issued 1 year price objectives for Walmart's shares. Their WMT share price targets range from $55.00 to $75.00. On average, they anticipate the company's share price to reach $61.60 in the next twelve months. This suggests a possible upside of 2.8% 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 2024?

Walmart's stock was trading at $52.55 on January 1st, 2024. Since then, WMT shares have increased by 14.0% and is now trading at $59.93.
View the best growth stocks for 2024 here
.

When is Walmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our WMT earnings forecast
.

How were Walmart's earnings last quarter?

Walmart Inc. (NYSE:WMT) posted its quarterly earnings data on Tuesday, February, 20th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. The retailer earned $173.40 billion during the quarter, compared to analyst estimates of $170.85 billion. Walmart had a net margin of 2.39% and a trailing twelve-month return on equity of 21.08%. Walmart's revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 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 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 dividend yield of 1.38%. The ex-dividend date is Friday, December 13th.
Read our dividend analysis for WMT
.

Is Walmart a good dividend stock?

Walmart (NYSE:WMT) pays an annual dividend of $0.83 per share and currently has a dividend yield of 1.38%. 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 43.38%. 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.

When did Walmart's stock split?

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

How will Walmart's stock buyback program work?

Walmart declared that its Board of Directors has approved a share 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 buy up to 5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

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

Walmart issued an update on its first quarter 2025 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of 1.480-1.560 for the period, compared to the consensus EPS estimate of 1.480. The company issued revenue guidance of $157.0 billion-$158.6 billion, compared to the consensus revenue estimate of $145.9 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).

Who are Walmart's major shareholders?

Walmart's stock is owned by a number of retail and institutional investors. Top institutional investors include Wealth Enhancement Advisory Services LLC (0.03%), IMC Chicago LLC (0.00%), Ferguson Wellman Capital Management Inc. (0.01%), CWM LLC (0.01%), Factory Mutual Insurance Co. (0.01%) and Gateway Investment Advisers LLC (0.01%). 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.
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 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 4/16/2024 by MarketBeat.com Staff

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