Buy, Sell or Hold: Walt Disney Co DIS-N

The firm is increasingly tied to blockbuster films, making these swings even larger. Watching profitability on streaming, Iger’s contract, and theme park attendance. We’d like to share more about how we work and what drives our day-to-day business. You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

  1. Disney is a blue chip stock with decades of solid financial performance, making a very reliable investment.
  2. Shareholders of record on Monday, July 8th will be paid a dividend of $0.45 per share on Thursday, July 25th.
  3. The experts are divided in their opinions about Walt Disney Co.
  4. With its 3-star rating, we believe Disney’s stock is fairly valued compared with our long-term fair value estimate of $115 per share.

The 2019 addition of entertainment assets from 20th Century Fox is expected to help the company generate excess returns on capital despite the competitive media and streaming landscape. The continued strength at Disney’s studios and media networks should help drive continued success for the firm’s DTC ambitions. We expect further investment in non-English cryptocurrency broker canada local language content as Disney+ attempts to gain traction outside of English-speaking countries and India, where the majority of its content spending has historically been done. The success of Netflix in Latin America, Central and Eastern Europe, and South Korea, along with Disney+ in India, demonstrate the value of local language content.

What We Thought of The Walt Disney Company’s Earnings

These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company’s weighted average against that of xm group other companies. In the latest financial report, the expected earnings per share (EPS) stood at $1.04, while the reported EPS exceeded expectations at $1.22, resulting in a surprise of 17.80%. The anticipated figure was $23.77 billion on the revenue front, yet the reported revenue came in slightly lower at $23.55 billion, resulting in a surprise of -0.94%.

Walt Disney Analyst Opinions

As of March 15th, there was short interest totaling 18,650,000 shares, an increase of 5.1% from the February 29th total of 17,750,000 shares. Based on an average daily volume of 12,310,000 shares, the days-to-cover ratio is currently 1.5 days. MarketBeat has just released its list of 20 stocks that Wall Street analysts hate.

The certificate featured Disney characters, and it allowed people to have something tangible when gifting Disney shares. Unfortunately, the stock certificate program was suspended in October 2021. First, we provide paid placements to advertisers to present their offers. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This site does not include all companies or products available within the market.

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. To sell Disney stock, log on to your online brokerage account, type in Disney’s ticker symbol and enter the number of shares you’d like to sell. You can use market or limit orders when selling stocks, so you have the option of designating a specific price to sell your shares. 2009 was a tough year for Disney and the market as a whole.

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. Several notable financial institutions have recently adjusted their stock price targets (PT). Barclays increased its PT to $95 from $88, while UBS raised its to $120 from $110.

Terms & Info

Following a strong bounce back of 73% in 2022, we expect more normalized growth of 5% over the next five years. We expect fiscal 2023 admissions revenue will remain ahead of fiscal 2019, despite consumer worries about the economy and inflation. 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. Even veteran investors can fall in love with a stock. That’s what happened with DIS, which he held onto as it lost over half its value since 2021. He refused to sell it, despite buying 21st Century Fox’s assets in 2019 for too much, installing a new CEO in 2020 which was a bungler, and who overspent on Disney+.

Their ESPN is starting to struggle, and Disney+ isn’t making them money. They raised the prices on the theme parks too high. The experts are divided in their opinions about Walt Disney Co. Some believe that the company is struggling with its streaming business, high costs, and management issues, while others are hopeful about its long-term growth potential, especially in its theme park business.

DIS Stock News Headlines

Walt Disney Co. reported Q1 profit that fell substantially short of analysts’ expectations which sent the stock price to a 10% decline in after-hours trading. Putting Disney’s stock price in the $15 territory, a long way from a previous all time stock price high around $43. With its 3-star rating, we believe Disney’s stock is fairly valued compared with our long-term fair value estimate of $115 per share.

Walt Disney’s stock is owned by a number of institutional and retail investors. Insiders that own company stock include Amy Chang, Brent Woodford, Christine M Mccarthy, Robert A Chapek, Robert A Iger, Sonia L Coleman and Susan E Arnold. Walt Disney saw a increase in short interest in the month of March.

They just hiked their dividend by 50% after suspending it during the pandemic, though barely half of pre-Covid levels. Still, this and $3 billion of share buybacks are a sign of confidence by management. They’ve had two straight strong quarters and the company expects to cut $7.5 billion by year’s end.

After a dismal quarter in Nov. 2022, CEO Chapek tried spinning it as a positive, and that’s when he called for Chapek to resign. Ex-CEO Iger returned and shares bounced for a while, but Disney’s bitbuy review problems are too deep to fix overnight. They will have so much cash that Iger can buy Hulu without straining cash flow. But it was a mistake to believe in this when shares were in the $180s.

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