Walmart Inc. (WMT) to Issue Quarterly Dividend of $0.25 on September 8th

Walmart Inc. (NASDAQ:WMT) announced a quarterly dividend on Thursday, February 19th. Investors of record on Friday, August 21st will be given a dividend of 0.2475 per share by the retailer on Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, August 21st.

Walmart has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 53 years. Walmart has a payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Walmart to earn $3.02 per share next year, which means the company should continue to be able to cover its $0.94 annual dividend with an expected future payout ratio of 31.1%.

Walmart Price Performance

Shares of WMT stock opened at $122.99 on Friday. The firm’s 50 day moving average price is $119.37 and its two-hundred day moving average price is $109.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.24 and a current ratio of 0.79. Walmart has a 52-week low of $79.81 and a 52-week high of $134.69. The stock has a market cap of $980.25 billion, a PE ratio of 44.89, a PEG ratio of 5.07 and a beta of 0.65.

Walmart (NASDAQ:WMT) last posted its quarterly earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. Walmart had a return on equity of 21.44% and a net margin of 3.07%.The company had revenue of $190.66 billion for the quarter, compared to the consensus estimate of $188.37 billion. During the same quarter in the prior year, the business posted $0.66 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. As a group, analysts forecast that Walmart will post 2.55 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on WMT shares. DA Davidson set a $150.00 target price on Walmart and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. lifted their price objective on shares of Walmart from $128.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Citigroup reaffirmed a “buy” rating and issued a $147.00 target price (up previously from $120.00) on shares of Walmart in a research note on Thursday, February 5th. Wall Street Zen lowered shares of Walmart from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. Finally, Rothschild & Co Redburn set a $150.00 price target on shares of Walmart in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $132.53.

Walmart Company Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.