S&P 500   5,254.35
DOW   39,807.37
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Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

Walmart (WMT) Stock Price, News & Analysis

$60.17
-0.55 (-0.91%)
(As of 03/28/2024 ET)
Today's Range
$60.16
$60.77
50-Day Range
$53.51
$61.43
52-Week Range
$47.82
$61.65
Volume
17.50 million shs
Average Volume
20.46 million shs
Market Capitalization
$484.85 billion
P/E Ratio
31.45
Dividend Yield
1.38%
Price Target
$61.60

Walmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.87 Rating Score
Upside/​Downside
2.1% Upside
$61.60 Price Target
Short Interest
Healthy
0.42% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.08
Upright™ Environmental Score
News Sentiment
0.14mentions of Walmart in the last 14 days
Based on 58 Articles This Week
Insider Trading
Selling Shares
$2.16 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.

4.77 out of 5 stars

Retail/Wholesale Sector

14th out of 203 stocks

Variety Stores Industry

4th 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

MarketBeat Week in Review – 3/18 – 3/22 (WMT)
Investors took a breather after the Fed-induced rally and before a shortened trading week that will include plenty of economic reports that could move markets
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Chipotle stock is approaching a new record high after announcing a 50-for-1 stock split which will make CMG shares more accessible for retail investors
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
The Honest Company is Undergoing an Honestly Solid Turnaround (WMT)
The Honest Company stock is up 30% after the company issued a bullish outlook for 2024 revenue and earnings, particularly in the second half of the year
Walmart: Here’s Your Chance to Get in Cheaper in 2024
After a 3-for-1 stock split in January, shares of Walmart stock are looking more attractive to retail investors; here's why you may want to buy
Walmart: Here's Your Chance to Get in Cheaper in 2024
Walmart Inc. NYSE: WMT is a retail behemoth with more than 10,600 stores worldwide in over 27 countries, accommodating nearly 255 million customers weekly. Walmart is the world's largest employer, with 2.1 million workers worldwide.
Mastering Stocks in the Dow: Insights into the DJIA (WMT)
What is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average includes 30 companies, once all industrial companies. Learn more.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Has the Stock Market Priced in a Rate Cut? (WMT)
The S&P 500 advances after hot inflation data as traders and investors misprice the timing of the Fed's first interest rate cut in years.
Top 5 Bear Market Stocks to Watch in 2024 (WMT)
Want income-producing assets and stable stocks? Look for stocks with stable cash flow in rock-solid industries for the best stocks to buy in a bear market.
Target Nails the Bullseye on Outsized Earnings Beat (WMT)
Minneapolis, Minnesota-based Target Co. (NYSE: TGT) is a major general merchandise retailer operating 1,956 stores in the United States.
Telsey Advisory Keeps Their Buy Rating on Walmart (WMT)
Walmart (NYSE:WMT) Trading Up 0.3% Following Analyst Upgrade
See More Headlines
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Company Calendar

Ex-Dividend for 1/2 Dividend
12/07/2023
Dividend Payable
1/02/2024
Last Earnings
2/20/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
4/01/2024
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
+2.4%
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
$3.67 per share
Book Value
$11.21 per share

Miscellaneous

Outstanding Shares
8,058,050,000
Free Float
4,310,250,000
Market Cap
$484.85 billion
Optionable
Optionable
Beta
0.49

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Should I Buy Walmart Stock? WMT Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Walmart was last updated on Wednesday, March 27, 2024 at 11:11 PM.

Pros

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

  • Walmart's strategic acquisition of Vizio can potentially enhance its product offerings and market competitiveness, leading to increased revenue streams and market share.
  • The company's focus on e-commerce growth presents a significant opportunity for revenue expansion, especially in the current digital retail landscape.
  • Walmart's strong financial position and consistent dividend payments make it an attractive choice for income-oriented investors seeking stability and long-term growth potential.
  • Recent positive developments in Walmart's operational efficiency and cost management strategies could lead to improved profitability and shareholder value.
  • With a relatively stable stock price and a history of weathering market fluctuations, Walmart offers a sense of security for risk-averse investors.

Cons

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

  • Walmart's overall performance in the fiscal year 2024 fell short of expectations, indicating potential challenges in achieving consistent growth and meeting investor demands.
  • The mixed results in the latest earnings report suggest uncertainties in Walmart's ability to deliver sustained profitability and revenue growth in the near term.
  • Increased competition in the retail sector, especially from online giants, could pose a threat to Walmart's market position and profitability, impacting investor returns.
  • The complexity introduced by the acquisition of Vizio may lead to integration challenges, affecting operational efficiency and potentially diluting shareholder value in the short to medium term.
  • Fluctuations in consumer spending patterns and economic conditions could impact Walmart's sales performance and overall financial health, influencing investor confidence and stock valuation.

WMT Stock Analysis - Frequently Asked Questions

Should I buy or sell Walmart stock right now?

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

30 analysts 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 anticipate the company's stock price to reach $61.60 in the next twelve months. This suggests a possible upside of 2.4% 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 at the beginning of the year. Since then, WMT stock has increased by 14.5% and is now trading at $60.17.
View the best growth stocks for 2024 here
.

Are investors shorting Walmart?

Walmart saw a increase in short interest in February. As of February 15th, there was short interest totaling 38,070,000 shares, an increase of 227.9% from the January 31st total of 11,610,000 shares. Based on an average daily trading volume, of 23,930,000 shares, the short-interest ratio is presently 1.6 days.
View Walmart's Short Interest
.

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 EPS for the quarter, topping analysts' consensus estimates 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%. The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm 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 announced a quarterly dividend on Monday, February 26th. Shareholders of record on Friday, December 13th will be paid 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 1.38%. The ex-dividend date of this dividend 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 1.37%. 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 43.38%. 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?

Walmart shares split on the morning of 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.

How will Walmart's stock buyback program work?

Walmart declared that its board has authorized a stock repurchase program on Tuesday, November 15th 2022, which authorizes the company to repurchase $20,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares repurchase programs 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 updated its first quarter 2025 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 1.480-1.560 for the period, compared to the consensus earnings per share 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.70%), Vanguard Group Inc. (5.11%), Norges Bank (0.87%), Price T Rowe Associates Inc. MD (0.75%), Northern Trust Corp (0.53%) and Legal & General Group Plc (0.46%). 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 3/28/2024 by MarketBeat.com Staff

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