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Shares of retail giant Walmart (NYSE: WMT) were up a whopping 72% in 2024. To put the magnitude of this move in perspective, this was the best year for Walmart stock since 1998 -- you read that right.
Walmart's surging stock price, paired with years of tiny raises, has pushed its yield down to just 1%, which is lower than the S&P 500 average yield of 1.2%. Another issue is valuation.
In one corner, Walmart (NYSE: WMT) stock is having a banner year, up 54% amid a string of better-than-expected results. On the other side, Dollar General (NYSE: DG) has struggled to manage weak ...
For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
Walmart shares are currently priced richly about 35 times the coming year's expected earnings, and only a hair under analysts' consensus price target of $100.31.
Walmart is rolling back the prices for investors, too. That’s because mega retailer is issuing a 3-for-1 stock split, the company announced on Tuesday. A stock split means a single share gets ...
Walmart Inc. (NYSE:WMT) and Target Corp. (NYSE:TGT) stocks are trading lower Tuesday after they announced their respective summer sale bonanzas to rival Amazon.Com Inc. (NASDAQ:AMZN). Walmart is ...
The company raised employee starting pay and added annual stock grants for store managers earlier this month. Walmart wants you, yes you, to get into its stock with its first stock split since ...