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A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Mid-Cap Stocks to Outperform the Market This Cycle
Best Bear Market Funds: Top 3 Investment Options to Consider
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal

Walt Disney (DIS) Stock Price, News & Analysis

$120.98
+1.05 (+0.88%)
(As of 03/27/2024 ET)
Today's Range
$120.02
$122.03
50-Day Range
$90.36
$119.96
52-Week Range
$78.73
$122.03
Volume
10.77 million shs
Average Volume
10.78 million shs
Market Capitalization
$221.91 billion
P/E Ratio
74.68
Dividend Yield
0.25%
Price Target
$116.64

Walt Disney MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
3.6% Downside
$116.64 Price Target
Short Interest
Healthy
1.02% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.46
Upright™ Environmental Score
News Sentiment
0.33mentions of Walt Disney in the last 14 days
Based on 136 Articles This Week
Insider Trading
Selling Shares
$80,919 Sold Last Quarter
Proj. Earnings Growth
17.60%
From $4.66 to $5.48 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.

4.64 out of 5 stars

Consumer Discretionary Sector

20th out of 274 stocks

Miscellaneous Amusement & Recreation Services Industry

3rd out of 19 stocks

DIS stock logo

About Walt Disney Stock (NYSE:DIS)

The Walt Disney Company is the world’s second-largest entertainment company by revenue and market cap. It is built on the work of Walt Disney, a revolutionary entertainer and cartoon innovator, and is now a multinational conglomerate of entertainment venues, channels, and brands. The company was founded in 1923 as the Disney Brothers Studio and operated under several other names before being branded as The Walt Disney Company in 1986.

The company is based in Walt Disney Studios, Burbank, California, and is best known for its work in animation and for creating the character Mickey Mouse. Over the years, the company expanded into live-action movies, theme parks, and even new corporate divisions such as Pixar, Marvel, and Lucasfilm. The new divisions provided new avenues for growth that helped accelerate the company’s business to a record high revenue near $85 billion in F2022.

Among the many innovations, are its work with technicolor and multiplane motion picture cameras. These advances were used throughout the groundbreaking Silly Symphonies series which featured animated shorts set to music.

Today, The Walt Disney Company, through a network of subsidiaries, operates as an entertainment company worldwide. The company operates through two segments; Disney Media and Entertainment Distribution and Disney Parks, Experiences, and Products creating long-lasting memories for children of all ages. In total, the company has earned 135 Oscars including 32 awarded directly to Walt himself and is said to have created many of the most loved and enduring films of all time as well as revolutionizing the theme park industry.

Disney Media and Entertainment Distribution is focused on the film and television production and distribution industries including the operation of television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands. The company’s studios produce major motion pictures and content for its channels and digital streaming services under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. This segment also hosts streaming services including but not limited to Disney+, ESPN+, Hulu, and Star+ as well as post-production services by Industrial Light & Magic and Skywalker Sound.

The Disney Parks, Experiences, and Products segment includes a network of theme parks, resorts, and cruises under the Walt Disney World and Disneyland banners. Parks include the flagship Walt Disney World in Florida, Disneyland Paris, and Hong Kong Disneyland Resort. Guests can also enjoy themed vacations under the National Geographic banner and others. This segment also provides a wide range of licensed and branded themed products based on each of its many franchises.



DIS Stock Price History

DIS Stock News Headlines

Settlement reached in lawsuit between Florida Gov. Ron DeSantis and Disney
Allies of Florida Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a lawsuit over who controls Walt Disney World’s governing district
Mastering Stocks in the Dow: Insights into the DJIA (DIS)
What is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average includes 30 companies, once all industrial companies. Learn more.
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Florida citrus capital was top destination for US movers last year
More people moved to a county rich with citrus groves located between two of Florida’s most populous metros than in any other county in the U.S. last year
Target Nails the Bullseye on Outsized Earnings Beat (DIS)
Minneapolis, Minnesota-based Target Co. (NYSE: TGT) is a major general merchandise retailer operating 1,956 stores in the United States.
Bloomin' Brands' Stock Breakout: New Rally Budding? (DIS)
Bloomin' Brands' upside volume has been above average and the chart suggests more gains ahead. Meanwhile, an activist investor aims to boost shareholder value.
Target Stock Has a Plan to Compound Your Investment (DIS)
Target stock is setting itself up to come back to its former high prices on management's new capital plan, analysts see the writing on the wall this time
Disney Stock is Ridiculously Cheap Now That the Worst is Past
With the new business cycle coming to the United States stock market, specific stocks will likely attract most of the attention from investors looking for a value bargain to multiply their wealth in the coming years. Hopefully, after the recent rallies in the stock indices, which are hitting new all-time highs, you've taken some profit and are liquid enough to hunt for the next opportunity.
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Disney Stock is Ridiculously Cheap Now That the Worst is Past (DIS)
Disney stock could soon get back to its former glory days, with a potential for double digit upside as analysts realize just how much of a bargain it is
Walt Disney (NYSE:DIS) Shares Up 0.8% on Analyst Upgrade
See More Headlines
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Company Calendar

Ex-Dividend for 1/10 Dividend
12/08/2023
Dividend Payable
1/10/2024
Last Earnings
2/06/2024
Today
3/28/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Movies & Entertainment
CUSIP
25468710
Employees
225,000
Year Founded
1923

Price Target and Rating

Average Stock Price Target
$116.64
High Stock Price Target
$140.00
Low Stock Price Target
$76.00
Potential Upside/Downside
-4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
23 Analysts

Profitability

Net Income
$2.35 billion
Pretax Margin
6.60%

Debt

Sales & Book Value

Annual Sales
$88.90 billion
Cash Flow
$7.00 per share
Book Value
$58.37 per share

Miscellaneous

Outstanding Shares
1,834,300,000
Free Float
1,832,468,000
Market Cap
$221.91 billion
Optionable
Optionable
Beta
1.41

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Should I Buy Walt Disney Stock? DIS 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 Walt Disney was last updated on Wednesday, March 27, 2024 at 10:49 PM.

Pros

Here are some ways that investors could benefit from investing in The Walt Disney Company:

  • The Walt Disney Company has a diversified portfolio across entertainment, sports, and experiences, providing stability and potential for growth.
  • Disney's direct-to-consumer streaming services, including Disney+ and Hulu, have shown strong subscriber growth, indicating a promising revenue stream in the digital age.
  • With the reopening of theme parks and resorts post-pandemic, Disney is poised to benefit from increased consumer spending on leisure and entertainment activities.
  • Disney's strong intellectual property portfolio, including iconic brands like Marvel and Star Wars, continues to drive merchandise sales and licensing opportunities.
  • Despite recent fluctuations, Disney's stock price remains attractive for long-term investors seeking a stable investment in the entertainment industry.

Cons

Investors should be bearish about investing in The Walt Disney Company for these reasons:

  • The ongoing impact of the COVID-19 pandemic on Disney's theme parks and theatrical releases may continue to pose challenges to the company's financial performance.
  • Increasing competition in the streaming industry from players like Netflix and Amazon Prime Video could pressure Disney's market share and profitability in the long run.
  • Disney's heavy reliance on box office revenues and theme park attendance makes the company vulnerable to economic downturns and shifts in consumer preferences.
  • Rising content production costs and the need for continuous investment in new content creation could strain Disney's margins and profitability in the future.
  • Uncertainties surrounding regulatory changes in the entertainment industry, especially related to streaming services and intellectual property rights, could impact Disney's business operations and bottom line.

DIS Stock Analysis - Frequently Asked Questions

Should I buy or sell Walt Disney stock right now?

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Walt Disney in the last year. There are currently 1 sell rating, 2 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DIS shares.
View DIS analyst ratings
or view top-rated stocks.

What is Walt Disney's stock price target for 2024?

23 brokerages have issued twelve-month price objectives for Walt Disney's stock. Their DIS share price targets range from $76.00 to $140.00. On average, they predict the company's stock price to reach $116.64 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for DIS
or view top-rated stocks among Wall Street analysts.

How have DIS shares performed in 2024?

Walt Disney's stock was trading at $90.29 at the start of the year. Since then, DIS stock has increased by 34.0% and is now trading at $120.98.
View the best growth stocks for 2024 here
.

Are investors shorting Walt Disney?

Walt Disney saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 18,650,000 shares, an increase of 5.1% from the February 29th total of 17,750,000 shares. Based on an average daily volume of 12,310,000 shares, the days-to-cover ratio is currently 1.5 days.
View Walt Disney's Short Interest
.

When is Walt Disney's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our DIS earnings forecast
.

How were Walt Disney's earnings last quarter?

The Walt Disney Company (NYSE:DIS) announced its quarterly earnings data on Tuesday, February, 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.25. The entertainment giant had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a trailing twelve-month return on equity of 7.88% and a net margin of 3.36%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 earnings per share.
Read the conference call transcript
.

How often does Walt Disney pay dividends? What is the dividend yield for Walt Disney?

Walt Disney declared a semi-annual dividend on Wednesday, February 7th. Investors of record on Monday, July 8th will be paid a dividend of $0.45 per share on Thursday, July 25th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 8th.
Read our dividend analysis for DIS
.

Is Walt Disney a good dividend stock?

Walt Disney (NYSE:DIS) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.25%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DIS will have a dividend payout ratio of 5.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DIS.

What guidance has Walt Disney issued on next quarter's earnings?

Walt Disney updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 4.600- for the period, compared to the consensus estimate of 3.980. The company issued revenue guidance of -.

What is Bob Chapek's approval rating as Walt Disney's CEO?

380 employees have rated Walt Disney Chief Executive Officer Bob Chapek on Glassdoor.com. Bob Chapek has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Walt Disney own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Walt Disney investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Visa (V), Intel (INTC), Johnson & Johnson (JNJ), AT&T (T), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Who are Walt Disney's major shareholders?

Walt Disney's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.26%), Vanguard Group Inc. (8.26%), State Farm Mutual Automobile Insurance Co. (1.75%), Northern Trust Corp (1.22%), Norges Bank (1.17%) and Legal & General Group Plc (0.76%). Insiders that own company stock include Amy Chang, Brent Woodford, Christine M Mccarthy, Robert A Chapek, Robert A Iger, Sonia L Coleman and Susan E Arnold.
View institutional ownership trends
.

How do I buy shares of Walt Disney?

Shares of DIS 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.

This page (NYSE:DIS) was last updated on 3/28/2024 by MarketBeat.com Staff

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