Walmart Stock Price In 1972 | StatMuse Money (2024)

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Walmart Stock Price In 1972 | StatMuse Money? ›

The closing price for Walmart (WMT) in 1972 was $0.01, on December 29, 1972. It was up 7% for the year. The latest price is $59.82.

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.

The year was 1970. Walmart succeeded with its initial public offering (IPO), and a grand total of six shareholders attended the first meeting, held in a coffee shop near Walmart's warehouse. Debuting at $15 per share, the run-up to $16.50 put smiles on the shareholders' faces. The IPO was a success.

The world's largest private employer has split its stock 11 times since it went public in 1970, but this is its first since 1999. Walmart is the most recent of a group of Fortune 50 companies, including Apple and Tesla, to split their stock in recent years.

The closing price for Walmart (WMT) in 2002 was $11.11, on December 31, 2002. It was down 11.9% for the year.

Why did Warren Buffet sell nearly all of his shares in Walmart? Because of difficulty of brick and mortar companies competing with e-commerce firms. It is not only Walmart but many others that have lost value in their shares because of slow integration to e-commerce. Buffett first bought Walmart shares in 2005.

In 1962, he opened his first “Wal-Mart Discount City,” in Rogers, Arkansas. Two years later, he opened two more Walmarts, one in Harrison and another in Springdale. From its hub in Bentonville, Walmart expanded into Missouri and Oklahoma, bringing low prices to underserved rural communities.

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.

Based on analyst ratings, Walmart's 12-month average price target is $66.64. Walmart has 4.11% upside potential, based on the analysts' average price target. Walmart has a conensus rating of Strong Buy which is based on 24 buy ratings, 3 hold ratings and 0 sell ratings.

Who has the most Walmart shares? ›

FAQ. Jim Walton owns the most shares of Walmart (WMT).

Walmart Inc. ( WMT ) pays dividends on a quarterly basis.

1, 1970 for its IPO. A $1,000 investment could have purchased 60.61 shares of Walmart stock. Over the years, Walmart had had 11 2-for-1 stock splits, doubling the number of shares on each occasion. The 60.61 shares would have turned into 124,129.28 shares after the stock splits.

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

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 largest U.S. retailer sounded uniformly positive in its outlook Thursday - sending shares up 7% to an all-time high of $64.22. The rally was the sharpest single-day gain for Walmart's stock since March 2020, and it helped lift the Dow industrials (.DJI) , opens new tab past 40,000 for the first time.

Walmart stock price stood at $64.00

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.