Q2 Earnings Forecast for Walmart Issued By DA Davidson

Walmart Inc. (NYSE:WMT) – DA Davidson issued their Q2 2026 EPS estimates for shares of Walmart in a report released on Monday, May 19th. DA Davidson analyst M. Baker expects that the retailer will post earnings of $0.74 per share for the quarter. DA Davidson has a “Buy” rating and a $117.00 price objective on the stock. The consensus estimate for Walmart’s current full-year earnings is $2.55 per share. DA Davidson also issued estimates for Walmart’s FY2027 earnings at $2.74 EPS.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. The firm had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Walmart’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS.

Other analysts have also issued reports about the stock. Wells Fargo & Company upped their price target on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Truist Financial upped their price target on shares of Walmart from $107.00 to $111.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. Robert W. Baird raised their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Evercore ISI reduced their target price on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Finally, Raymond James reduced their target price on shares of Walmart from $115.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, April 11th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $104.94.

Walmart Trading Down 0.3%

Shares of NYSE:WMT opened at $97.81 on Tuesday. The company has a 50 day moving average of $91.72 and a 200-day moving average of $92.70. The firm has a market cap of $782.57 billion, a P/E ratio of 40.59, a P/E/G ratio of 4.42 and a beta of 0.70. Walmart has a twelve month low of $64.16 and a twelve month high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in Walmart during the fourth quarter worth $5,737,355,000. Nuveen LLC bought a new position in Walmart during the first quarter worth about $2,532,331,000. Raymond James Financial Inc. acquired a new stake in Walmart during the fourth quarter worth about $2,306,627,000. GAMMA Investing LLC grew its stake in Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer’s stock worth $697,029,000 after buying an additional 7,860,306 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Walmart by 30.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Christopher James Nicholas sold 17,600 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $94.42, for a total value of $1,661,792.00. Following the completion of the transaction, the executive vice president now owns 348,357 shares in the company, valued at $32,891,867.94. This represents a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the transaction, the chief executive officer now owns 3,972,517 shares of the company’s stock, valued at $340,166,630.71. This trade represents a 0.73% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 134,035 shares of company stock valued at $12,445,082. Insiders own 45.58% of the company’s stock.

Walmart Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Friday, May 9th. Walmart’s dividend payout ratio is currently 40.17%.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.