Walt Disney Co (NYSE:DIS) has a beta value of 1.39 and has seen 0.88 million shares traded in the recent trading session. The company, currently valued at $216.06B, closed the recent trade at $117.79 per share which meant it gained $0.44 on the day or 0.37% during that session. The DIS stock price is -5.05% off its 52-week high price of $123.74 and 33.16% above the 52-week low of $78.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.63 million shares traded. The 3-month trading volume is 12.72 million shares.
Walt Disney Co (NYSE:DIS) trade information
Sporting 0.37% in the green today, the stock has traded in the red over the last five days, when the DIS stock price touched $117.79 or saw a rise of 4.77%. Year-to-date, Walt Disney Co shares have moved 30.46%, while the 5-day performance has seen it change -4.10%. Over the past 30 days, the shares of Walt Disney Co (NYSE:DIS) have changed 6.77%. Short interest in the company has seen 18.65 million shares shorted with days to cover at 1.82.
Walt Disney Co (DIS) estimates and forecasts
Figures show that Walt Disney Co shares have outperformed across the wider relevant industry. The company’s shares have gained 42.02% over the past 6 months, with this year growth rate of 23.94%, compared to 3.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 18.30% and 23.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 3.30%.
18 analysts offering their estimates for the company have set an average revenue estimate of $22.07 billion for the current quarter. 16 have an estimated revenue figure of $23.3 billion for the next quarter concluding in Jun 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -31.23% over the past 5 years. Earnings growth for 2024 is a modest 24.82% while over the next 5 years, the company’s earnings are expected to increase by 19.12%.
DIS Dividends
Walt Disney Co is expected to release its next earnings report between May 08 and May 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 0.25%. The company’s dividend yield has gone up over the past 12 months.
Walt Disney Co (NYSE:DIS)’s Major holders
Insiders own 0.07% of the company shares, while shares held by institutions stand at 67.51% with a share float percentage of 67.55%. Investors are also buoyed by the number of investors in a company, with Walt Disney Co having a total of 3,832 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 151.44 million shares worth more than $17.84 billion. As of Dec 30, 2023, Vanguard Group Inc held 8.26% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 121.5 million shares as of Dec 30, 2023. The firm’s total holdings are worth over $14.31 billion and represent 6.62% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of Dec 30, 2023, the former fund manager holds about 3.13% shares in the company for having 57.45 million shares of worth $6.77 billion while later fund manager owns 44.7 million shares of worth $5.27 billion as of Dec 30, 2023, which makes it owner of about 2.44% of company’s outstanding stock.
