Walt Disney (DIS) Stock Price, News & Analysis

Company Overview

The Walt Disney Company is the world’s second-largest entertainment company by revenue and market cap. It is built on the work of Walt Disney, a revolutionary entertainer and cartoon innovator, and is now a multinational conglomerate of entertainment venues, channels, and brands. The company was founded in 1923 as the Disney Brothers Studio and operated under several other names before being branded as The Walt Disney Company in 1986.

The company is based in Walt Disney Studios, Burbank, California, and is best known for its work in animation and for creating the character Mickey Mouse. Over the years, the company expanded into live-action movies, theme parks, and even new corporate divisions such as Pixar, Marvel, and Lucasfilm. The new divisions provided new avenues for growth that helped accelerate the company’s business to a record high revenue near $85 billion in F2022.

Among the many innovations, are its work with technicolor and multiplane motion picture cameras. These advances were used throughout the groundbreaking Silly Symphonies series which featured animated shorts set to music.

Today, The Walt Disney Company, through a network of subsidiaries, operates as an entertainment company worldwide. The company operates through two segments; Disney Media and Entertainment Distribution and Disney Parks, Experiences, and Products creating long-lasting memories for children of all ages. In total, the company has earned 135 Oscars including 32 awarded directly to Walt himself and is said to have created many of the most loved and enduring films of all time as well as revolutionizing the theme park industry.

Disney Media and Entertainment Distribution is focused on the film and television production and distribution industries including the operation of television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands. The company’s studios produce major motion pictures and content for its channels and digital streaming services under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. This segment also hosts streaming services including but not limited to Disney+, ESPN+, Hulu, and Star+ as well as post-production services by Industrial Light & Magic and Skywalker Sound.

The Disney Parks, Experiences, and Products segment includes a network of theme parks, resorts, and cruises under the Walt Disney World and Disneyland banners. Parks include the flagship Walt Disney World in Florida, Disneyland Paris, and Hong Kong Disneyland Resort. Guests can also enjoy themed vacations under the National Geographic banner and others. This segment also provides a wide range of licensed and branded themed products based on each of its many franchises.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: $116.73 to $117.74
• 50-Day Range: $92.38 to $117.61
• 52-Week Range: $83.91 to $123.74
• Volume: 5.09 million shs
• Average Volume: 10.95 million shs
• Market Capitalization: $212.73 billion
• P/E Ratio: 43.35
• Dividend Yield: 0.77%
• Price Target: $123.83
• Consensus Rating: Moderate Buy

Walt Disney Stock Analysis - MarketRank™

Walt Disney scored higher than 94% of companies evaluated by MarketBeat, and ranked 28th out of 284 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Walt Disney has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Walt Disney has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 13.01%

Earnings Growth

Earnings for Walt Disney are expected to grow by 13.01% in the coming year, from $5.38 to $6.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Walt Disney is 43.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Walt Disney is 43.22, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.38.

Price to Earnings Growth Ratio

Walt Disney has a PEG Ratio of 2.19. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Walt Disney has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.09% of the float of Walt Disney has been sold short.

Short Interest Ratio / Days to Cover

Walt Disney has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Walt Disney has recently increased by 12.94%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Walt Disney has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Walt Disney does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Walt Disney is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Walt Disney will have a dividend payout ratio of 14.80% next year. This indicates that Walt Disney will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.0 / 5
• Environmental Score: -0.46

Percentage of Shares Shorted

1.09% of the float of Walt Disney has been sold short.

Short Interest Ratio / Days to Cover

Walt Disney has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Walt Disney has recently increased by 12.94%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 0.94

News Sentiment

Walt Disney has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 82 news articles for Walt Disney this week, compared to 66 articles on an average week.

Search Interest

175 people have searched for DIS on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.

MarketBeat Follows

53 people have added Walt Disney to their MarketBeat watchlist in the last 30 days. This is an increase of 77% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Walt Disney insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $43,235,343.00 in company stock.

Percentage Held by Insiders

Only 0.10% of the stock of Walt Disney is held by insiders.

Percentage Held by Institutions

65.71% of the stock of Walt Disney is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DIS Stock Analysis - Frequently Asked Questions

How have DIS shares performed this year?

Walt Disney's stock was trading at $90.29 at the beginning of 2024. Since then, DIS shares have increased by 29.7% and is now trading at $117.13.
View the best growth stocks for 2024 here.

How were Walt Disney's earnings last quarter?

The Walt Disney Company (NYSE:DIS) posted its quarterly earnings data on Wednesday, August, 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.19. The business's revenue for the quarter was up 3.9% on a year-over-year basis.
Read the conference call transcript.

Who are Walt Disney's major shareholders?

Top institutional investors of Walt Disney include State Street Corp (4.28%), Geode Capital Management LLC (2.08%), FMR LLC (1.90%) and Jennison Associates LLC (0.86%). Insiders that own company stock include Robert A Iger, Christine M Mccarthy, Brent Woodford, Calvin Mcdonald, James P Gorman, Amy Chang and Sonia L Coleman.
View institutional ownership trends.

How do I buy shares of Walt Disney?

Shares of DIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Walt Disney own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Walt Disney investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX) and UnitedHealth Group (UNH).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/29/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: Movies & Entertainment
• Current Symbol: NYSE:DIS
• CUSIP: 25468710
• CIK: 1744489
• Web: www.thewaltdisneycompany.com
• Phone: (818) 560-1000
• Fax: 818-560-1930
• Employees: 233,000
• Year Founded: 1923

Price Target and Rating

• Average Stock Price Target: $123.83
• High Stock Price Target: $140.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +5.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 24 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.71
• Trailing P/E Ratio: 43.39
• Forward P/E Ratio: 21.86
• P/E Growth: 2.16
• Net Income: $4.97 billion
• Net Margins: 5.44%
• Pretax Margin: 8.28%
• Return on Equity: 9.21%
• Return on Assets: 4.92%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 0.73
• Quick Ratio: 0.67

Sales & Book Value

• Annual Sales: $91.36 billion
• Price / Sales: 2.33
• Cash Flow: $9.89 per share
• Price / Cash Flow: 11.89
• Book Value: $58.27 per share
• Price / Book: 2.02

Miscellaneous

• Outstanding Shares: 1,810,939,000
• Free Float: 1,809,128,000
• Market Cap: $212.97 billion
• Optionable: Optionable
• Beta: 1.40