WMT - Walmart Inc.

NYSE - NYSE Delayed Price. Currency in USD
118.87
-1.78 (-1.48%)
At close: 4:00PM EST

119.15 +0.28 (0.24%)
Pre-Market: 8:00AM EST

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Previous Close120.65
Open120.68
Bid118.95 x 800
Ask119.19 x 1000
Day's Range118.38 - 121.00
52 Week Range85.78 - 125.38
Volume10,146,507
Avg. Volume5,278,664
Market Cap338.1B
Beta (3Y Monthly)0.41
PE Ratio (TTM)23.77
EPS (TTM)5.00
Earnings DateFeb. 18, 2020
Forward Dividend & Yield2.12 (1.76%)
Ex-Dividend Date2019-12-05
1y Target Est128.47
  • S&P 500 creeps up to another record close
    Reuters Videos

    S&P 500 creeps up to another record close

    It was a day of largely running in place on Wall Street. All three major stock indices were very little changed but the S&P 500 still crept up to a record closing high. National Securities chief market strategist Art Hogan: SOUNDBITE (ENGLISH): NATIONAL SECURITIES CHIEF MARKET STRATEGIST ART HOGAN, SAYING: "I think the only thing that we have to be concerned about is the fact that we've gotten to where we are pretty quickly. We've had a great five or six weeks where the market has gotten to all-time highs and it hasn't taken much of a breather." Walmart kicked off earnings season for the nation's big retailers. Results were better-than-expected on a number of metrics. A lot of the strength came from grocery shopping. Online sales were solid as well. Walmart boosted full-year forecasts ahead of the holidays. But the stock finished lower after hitting an all-time high. Cisco Systems was a drag. The stock fell 7 percent after its somber forecast renewed investor concerns about global business spending, which has been held down due in part to trade uncertainties and political tension like Brexit and protests in Hong Kong. Wall Street got another whiff of inflation. This time, producer prices saw their biggest jump in six months, led by the largest surge in healthcare costs since 2009. Economists, however, don't expect that to alter the Fed's neutral stance on interest rates.

  • Market Exclusive

    Market Morning: Chinese Army in Hong Kong, Boeing Walks Back Comments, Kraft Heinz Cheese Problems

    China Edges Into Hong Kong to “Clean Up Streets” The Chinese have invaded Hong Kong. So far it’s just to clean up the streets, but their presence on the island is raising some eyebrows as to what Beijing’s real intentions are in bringing Chinese soldiers in to participate in the situation. The soldiers, part of […]The post Market Morning: Chinese Army in Hong Kong, Boeing Walks Back Comments, Kraft Heinz Cheese Problems appeared first on Market Exclusive.

  • Macy's Q3 Earnings Preview: Is the Department Store's Decline Set to Continue?
    Zacks

    Macy's Q3 Earnings Preview: Is the Department Store's Decline Set to Continue?

    Macy's and other department stores have not been able to find success or inspire much Wall Street confidence. Can it turn things around in Q3?

  • Can Retail's Rally Hold Up In Next Week's Wave Of Reports?
    Zacks

    Can Retail's Rally Hold Up In Next Week's Wave Of Reports?

    Retailers' performance over the last 2.5 months is a sign of positive market sentiment reentering the space. This sentiment will be tested next week when a wave of retail results hits the market.

  • What Ails Macy's (M) and the Other Department Store Stocks?
    Zacks

    What Ails Macy's (M) and the Other Department Store Stocks?

    What Ails Macy's (M) and the Other Department Store Stocks?

  • U.S. companies say consumer still strong even as broader outlook dims
    Reuters

    U.S. companies say consumer still strong even as broader outlook dims

    Walmart became the latest company to point to a strong U.S. consumer, adding to a raft of firms in recent weeks citing healthy demand at a time when spending is seen as an increasingly key support for the economy. Several companies, including banks and homebuilders, have painted an upbeat picture of consumer health in conference calls this reporting season, even as many firms have offered more dour outlooks, especially given the lingering U.S.-China trade war. Consumer spending, which accounts for more than two-thirds of the economy, has been mostly resilient.

  • Amazon's stock is not looking too hot ahead of Black Friday
    Yahoo Finance

    Amazon's stock is not looking too hot ahead of Black Friday

    Amazon’s stock price hints it may not be a supremely merry holiday season for the internet beast.

  • Walmart Beats on Earnings, Raises View: ETFs in Focus
    Zacks

    Walmart Beats on Earnings, Raises View: ETFs in Focus

    Walmart topped earnings estimates but fell shy of the consensus mark for revenues. Additionally, the company raised full-year forecast.

  • Costco Gains More Than 50% YTD: Solid Comps Run a Key Driver
    Zacks

    Costco Gains More Than 50% YTD: Solid Comps Run a Key Driver

    Costco's (COST) October comps rise 5.7%. Further, e-commerce comparable sales increase 16.5%.

  • Kroger, Ocado to Open Sixth Fulfillment Center in Wisconsin
    Zacks

    Kroger, Ocado to Open Sixth Fulfillment Center in Wisconsin

    Kroger (KR) partners with Ocado for the second time to open another CFC in Wisconsin. The move will facilitate faster grocery delivery and enhance omnichannel strategies.

  • Dillard's (DDS) Stock Rises 14% as Q3 Earnings Beat Estimates
    Zacks

    Dillard's (DDS) Stock Rises 14% as Q3 Earnings Beat Estimates

    Dillard's (DDS) reports better-than-expected earnings results in third-quarter fiscal 2019 on sequentially improved retail gross margin and comps, with lower inventory level.

  • Bloomberg

    California May Be the Best and Only Hope for Democrats

    (Bloomberg Opinion) -- Democratic senators from states won by President Donald Trump in 2016 have vowed not to end the legislative filibuster, making it unlikely the party will be able to accomplish much even if it wins back the White House and Senate next year. That gives added weight to what California is doing as it continues to pass legislation that can ripple across the nation. Democrats may discover that using California as a vehicle for a their agenda nationwide may be their best hope of getting anything done.Showing how hard it will be to pass progressive legislation in the next Congress isn't difficult. For one, Trump -- at this point -- stands a fair chance of winning re-election. But even if Democrats win the White House, they will have an uphill climb in the Senate. They need to flip three seats to gain control, and that's assuming they don't lose any of their own, including Doug Jones in deep-red Alabama. At best, Democrats could flip seats in Arizona, Colorado, North Carolina and Maine, plus perhaps a surprise hold in Alabama or a flip in challenging states like Iowa, Georgia or Texas. That would bring them to 50 or 51 seats. But Democrats would still be hamstrung by the legislative filibuster, as well as the voting tendencies of senators from West Virginia and Montana who probably would oppose grand agenda items like Medicare for All or the Green New Deal.Once that reality sets in for progressives, they'll be looking for an outlet to channel the energy now focused on the presidential campaigns of Vermont Senator Bernie Sanders and Massachusetts Senator Elizabeth Warren. The California legislature would be a good place to start.California is important not just because Democrats have supermajorities in the state legislature, or because it's a state with a huge economy, but because corporations and businesses are increasingly national or global in scope. If businesses feel compelled to play by progressive rules in California, they may decide to operate their businesses the same way everywhere. A recent example is California's passage of a law allowing college athletes to get paid for the use of their name, image and likeness. If a small state like Delaware had passed such a law, maybe the National Collegiate Athletic Association, which sets rules for student athletes, could strike back or even ignore it. But California is too large a market for that. Fearing that California universities would have a leg up in recruiting student athletes, other states started introducing similar legislation. Under growing pressure, the NCAA is taking steps to address the issue. Essentially, a California law is changing conditions for college athletes nationwide.Higher minimum wages and the corporate response to them are another area with nationwide ripples. In April 2016, California adopted a law that would raise the state's minimum wage to $15 an hour by 2022. Some other states have followed suit. In theory, companies could pick and choose how they operate in different states based on state-specific minimum wage laws. But in response, some large companies have increased their minimum wage levels nationwide. Walmart, for instance, raised its pay floor to $11 an hour in January 2018 -- 10 days after California's minimum wage rose to the same level.Some retailers have responded to California's higher pay scale by stepping up efforts to install self-checkout machines and save on labor costs. But not just in California. For example, in Georgia, where I live, retailers have been installing the machines even though the state hasn't increased its minimum wage of $5.15 an hour in more than 15 years. For large corporations, it makes sense to install them everywhere -- not just in one state -- to streamline operations.Perhaps a preview of the bigger fights to come can be found in California's efforts to set vehicle emissions standards that are tougher than national requirements. Here, a similar logic for companies applies. If automakers want to sell in California -- and most do -- it makes more sense to build vehicles that all comply with state regulations rather than producing lower-emission one for California and higher-emission one for the rest of the country. It's unclear how courts will rule on this and similar fights between California and the federal government, but we should expect more of these standoffs in the years to come, particularly if Trump wins re-election.In a way, progressives would be adopting the same tactics that China used when it put pressure on the National Basketball Association, threatening to limit the league's business opportunities in the country after a Houston Rockets team official made comments supporting Hong Kong's protesters. In a global economy, market size and power tend to dictate cultural and political power. Although progressives are unlikely to get much of what they want in Washington in 2021 or beyond, regardless of the election outcome there's untapped potential for them in California.To contact the author of this story: Conor Sen at csen9@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • J.C. Penney reports earnings — here is why investors are cheering
    Yahoo Finance

    J.C. Penney reports earnings — here is why investors are cheering

    What you need to know about J.C. Penney's latest challenging quarter.

  • Walmart's online success is falling short in one huge area: Morning Brief
    Yahoo Finance

    Walmart's online success is falling short in one huge area: Morning Brief

    Top news and what to watch in the markets on Friday, November 15, 2019.

  • Target Q3 Earnings Preview: Buy TGT Stock After Walmart's Growth?
    Zacks

    Target Q3 Earnings Preview: Buy TGT Stock After Walmart's Growth?

    Target jumped over 2% Thursday after rival Walmart impressed Wall Street once again with its comps and e-commerce growth. So is it time to buy TGT stock heading into earnings?

  • Kohl's (KSS) to Report Q3 Results: Will the Retailer Continue Declining?
    Zacks

    Kohl's (KSS) to Report Q3 Results: Will the Retailer Continue Declining?

    Kohl's (KSS) will report its third quarter results before the market opens on Tuesday, November 19.

  • 3 REITs for Dividend Investors to Buy with Stock Market at New Highs
    Zacks

    3 REITs for Dividend Investors to Buy with Stock Market at New Highs

    Here are three highly-ranked REITs we found using our Zacks Stock Screener that dividend investors might want to buy with stock indexes at new highs...

  • US STOCKS-S&P 500 notches record, shakes off Cisco's gloomy outlook
    Reuters

    US STOCKS-S&P 500 notches record, shakes off Cisco's gloomy outlook

    The benchmark S&P 500 stock index posted a slim gain to end with a record closing high on Thursday, as a dour forecast from tech stalwart Cisco Systems was offset by a strong report from big box retailer Walmart. The Dow index ended barely negative, after posting a closing high on Wednesday, while the Nasdaq also ended fractionally lower.

  • Stock Market Live Updates: Stocks close unchanged, Berkshire takes stake in Occidental
    Yahoo Finance

    Stock Market Live Updates: Stocks close unchanged, Berkshire takes stake in Occidental

    Headlines moving the stock market in real time.

  • How Walmart proves retail is a 'transformation, not an apocalypse'
    Yahoo Finance

    How Walmart proves retail is a 'transformation, not an apocalypse'

    Walmart’s posted a strong third quarter earnings report on Thursday led by a 41% pop in online sales the company saw during the quarter.

  • US STOCKS-Wall Street slips after Cisco's gloomy outlook
    Reuters

    US STOCKS-Wall Street slips after Cisco's gloomy outlook

    Wall Street's main indexes slipped from near record levels on Thursday, as a dour forecast from tech stalwart Cisco Systems raised fresh questions about the global economy's health and overshadowed a strong report from big box retailer Walmart. Cisco shares tumbled 7.8% after the network gear maker forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches.

  • Walmart E-Commerce Growth, Economic Overview & Buy PLOW Stock - Free Lunch
    Zacks

    Walmart E-Commerce Growth, Economic Overview & Buy PLOW Stock - Free Lunch

    The latest U.S.-China trade war setback. Walmart's blowout quarterly earnings and early Disney+ success. Other quarterly results. And why Douglas Dynamics (PLOW) is a Zacks Rank 1 (Strong Buy) stock at the moment...