Walmart Inc (NYSE:WMT) announced a quarterly dividend on Wednesday, February 20th, Wall Street Journal reports. Investors of record on Friday, December 6th will be given a dividend of 0.53 per share by the retailer on Thursday, January 2nd. This represents a $2.12 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 5th.
Shares of NYSE WMT opened at $119.28 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.20 and a debt-to-equity ratio of 0.83. Walmart has a 12-month low of $85.78 and a 12-month high of $125.38. The firm’s 50-day moving average price is $119.08 and its 200-day moving average price is $113.28. The stock has a market capitalization of $338.73 billion, a price-to-earnings ratio of 24.29, a P/E/G ratio of 4.83 and a beta of 0.36.
Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 14th. The retailer reported $1.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.07. Walmart had a net margin of 2.77% and a return on equity of 18.47%. The business had revenue of $126.98 billion during the quarter, compared to the consensus estimate of $128.08 billion. During the same quarter last year, the firm earned $1.08 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities analysts predict that Walmart will post 4.97 EPS for the current fiscal year.
A number of research firms have recently commented on WMT. Oppenheimer upped their price target on shares of Walmart from $108.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday, November 4th. UBS Group lifted their price target on shares of Walmart from $115.00 to $125.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Raymond James increased their price objective on Walmart from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. They noted that the move was a valuation call. Royal Bank of Canada set a $124.00 target price on Walmart and gave the company a “neutral” rating in a research report on Thursday, November 14th. Finally, Gordon Haskett upgraded shares of Walmart from an “accumulate” rating to a “buy” rating and increased their price objective for the company from $115.00 to $125.00 in a research note on Thursday, August 15th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and seventeen have issued a buy rating to the company. Walmart currently has a consensus rating of “Buy” and a consensus target price of $124.07.
Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.
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