Walmart Stock Price January 2024 | StatMuse Money (2024)

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Walmart Stock Price January 2024 | StatMuse Money? ›

The closing price for Walmart (WMT) in January 2024 was $54.90, on January 31. It was up 5.1% for the month. The latest price is $65.23.

Walmart stock price stood at $64.21

According to the latest long-term forecast, Walmart price will hit $90 by the end of 2024 and then $100 by the end of 2025. Walmart will rise to $110 within the year of 2027, $125 in 2028 and $150 in 2030.

The closing price for Walmart (WMT) in 2000 was $11.56, on December 29, 2000. It was down 21.9% for the year. The latest price is $64.66.

The closing price for Walmart (WMT) between 2008 and 2008 was $13.35, on December 31, 2008. It was up 20.3% in that time. The latest price is $64.66.

Walmart (NYSE:WMT) stock is a strong buy in 2024. The company' incredible pricing power allows them to thrive during periods of high inflation. Walmart's omnichannel strategy and strong growth of their e-commerce business is a promising sign for the future.

Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.

Growth & Outlook

Walmart's annual earnings are forecasted to be up 6% in its current fiscal 2025 and are projected to rise another 8% in FY26 to $2.55 per share. Total sales are expected to increase 4% in FY25 with Walmart's top line projected to expand another 4% in FY26 to $699.86 billion.

Investing $1,000 In Walmart IPO: Walmart offered shares for $16.50 on Oct. 1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock.

What was the price of Walmart stock on January 31 2024? ›

The closing price for Walmart (WMT) in January 2024 was $54.90, on January 31. It was up 5.1% for the month. The latest price is $64.66.

The first offering, on October 1, 1970, was $16.50 per share. Since then, Walmart stock has split two-for-one 11 times. That means a person who bought 100 shares for $1,650 in 1970 would, 40 years later, have 204,800 shares, worth about $17 million. Quarterly dividends have been paid continuously since 1973.

Since going public, Walmart has done a total of 10 stock splits, including the recent one – where the last stock split was seen 25 years ago.

The closing price for Walmart (WMT) in 2017 was $29.49, on December 29, 2017. It was up 46.3% for the year.

The closing price for Walmart (WMT) in 2016 was $20.12, on December 30, 2016. It was up 17.6% for the year. The latest price is $64.65.

The closing price for Walmart (WMT) in 2015 was $17.34, on December 31, 2015. It was down 27% for the year. The latest price is $64.07.

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Walmart stock have an average target of 68.96, with a low estimate of 54.33 and a high estimate of 76. The average target predicts an increase of 5.69% from the current stock price of 65.25.

Based on analysts offering 12 month price targets for WMT in the last 3 months. The average price target is $70.48 with a high estimate of $75 and a low estimate of $59.

Walmart is forecast to grow earnings and revenue by 6.5% and 3.8% per annum respectively. EPS is expected to grow by 7.3% per annum. Return on equity is forecast to be 21.5% in 3 years.

Jim Walton, Alice Walton, and Rob Walton are the top three individual shareholders of Walmart. Walmart's largest institutional investors include the John T. Walton Estate Trust, Vanguard Group, and BlackRock.