The Walt Disney Company (DIS)
| Market Cap | 188.95B |
| Revenue (ttm) | 89.20B |
| Net Income (ttm) | 1.70B |
| Shares Out | 1.83B |
| EPS (ttm) | 0.93 |
| PE Ratio | 110.76 |
| Forward PE | 20.42 |
| Dividend | $0.90 (0.87%) |
| Ex-Dividend Date | Jul 8, 2024 |
| Volume | 5,111,711 |
| Open | 102.99 |
| Previous Close | 102.90 |
| Day's Range | 102.72 - 103.70 |
| 52-Week Range | 78.73 - 123.74 |
| Beta | 1.40 |
| Analysts | Strong Buy |
| Price Target | 127.27 (+23.55%) |
| Earnings Date | May 7, 2024 |
About DIS
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic St... [Read more]
Financial Performance
In 2023, DIS's revenue was $88.90 billion, an increase of 7.47% compared to the previous year's $82.72 billion. Earnings were $2.35 billion, a decrease of -25.15%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for DIS stock is "Strong Buy." The 12-month stock price forecast is $127.27, which is an increase of 23.55% from the latest price.
News
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Blue chip stocks dominate the list of hedge funds' most popular equity investments.
Disney's Pixar to cut 14% of workforce as it scales back original streaming content
Approximately 175 people to be affected by layoffs as CEO Bob Iger returns studio's focus exclusively to feature films
Pixar Laying Off 14% Of Its Workforce As Disney Aggressively Cuts Costs
Disney's Pixar Animation Studios will be cutting 14% of its workforce, multiple outlets reported Tuesday, in what is reportedly the biggest restructuring in its history as the animation studio's paren...
Pixar is laying off 14% of its workforce as Disney scales back content
Around 14% of Disney's Pixar Animation Studio's workforce, or around 175 employees, are being laid off.
Disney's Pixar cutting nearly 200 jobs, will focus exclusively on feature films, cut streaming series
Disney CEO Bob Iger has scaled back spending on original streaming content to lift Disney+ to profitability.
Pixar Animation to lay off about 14% of workforce
Pixar Animation Studios on Tuesday began laying off about 14% of its workforce as it scales back development of original streaming series, according to a source familiar with the development.
Disneyland characters vote to unionize
Disneyland character performers have voted to unionize under Actors' Equity Association.
Pixar Reduces 14% Of Staff Due To Disney Content Spending Cuts – Update
UPDATE: The Pixar Animation Studios cuts we previously told you about months ago are now commencing, we hear. The number of those let go number around 175 or 14% of the staff. This is largely due to t...
DisneylandForward Approved By City Of Anaheim, Launches Disney Into Next Chapter
On May 7, 2024, the Anaheim City Council voted unanimously to give final approval for a $1.9 billion, ten-year investment for expansion at the Disneyland Resort, which The Walt Disney Walt Disney Comp...
Disneyland character and parade performers vote to join labor union
ANAHEIM, Calif. — Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culm...
Booking Holdings versus Disney: Why only one is a buy
Consumers are increasingly becoming choosier about where they are spending their dollars. One arena that could see an impact is leisure spending.
Joint streaming venture involving ESPN, Fox, Warner will be called Venu Sports
LOS ANGELES — The sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery finally has a name.
Heads-up, Apple and the rest of Big Tech: Disney wants better app store deals.
Disney CEO Bob Iger has a message for Apple, Google, and every other tech company that distributes his company's streaming services: He wants a better deal. At least that seems to be what Iger wants f...
Disney CEO Bob Iger Says Linear TV Can Be Managed In Decline With “Dramatically” Lower Content Spend
In July of 2023, recently returned Disney CEO Bob Iger shocked the media industry by indicating he might be open to divesting the company's declining linear assets. By last fall, he'd changed his min...
Disney, Fox, Warner Bros Discovery sports-streaming venture named Venu Sports
The sports-streaming service set to be launched by Walt Disney Co , Warner Bros Discovery and Fox Corp will be called Venu Sports and is on track for launch this fall, Pete Distad, the venture's CEO, ...
Disney-Fox-WBD Streaming Joint Venture Gets A Name: Venu Sports
The sports streaming joint venture from Disney, Fox and Warner Bros. Discovery has a name: Venu Sports. The company's name and logo were announced this morning by CEO Pete Distad. The service expects ...
Disney's Bob Iger: tech is the key to streaming profitability
While speaking at a conference, CEO Bob Iger on Wednesday identified investing in technology as a measure that will help the Walt Disney Company make streaming a money-maker.
Disney CEO Bob Iger to cut spending ‘pretty dramatically' on traditional TV programming
Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as "Abbott Elementary" on Disney's streaming platforms.
Disney CEO Bob Iger Says 'We Invested Too Much' in Streaming
Disney (DIS) shares fell over 2% in intraday trading Wednesday after CEO Bob Iger said the company "invested too much" in streaming and is making changes to tackle profitability challenges in its stre...
Tech Stocks on the Move Today: Walt Disney, Dell, and More
The S&P 500 Information Technology Sector index was up 2% at 3:15 p.m. ET Wednesday, while the broader S&P 500 was 1% higher and the tech-heavy Nasdaq advanced by nearly 1.3%.
Disney to dramatically cut spending for traditional TV networks
Walt Disney will cut its investment in programming for traditional television networks pretty dramatically as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said on We...
Disney outlook: Earnings, streaming, parks, and Peltz battle
Yahoo Finance examines Disney earnings, streaming, parks, stock performance and the Nelson Peltz proxy battle.
Media companies look to woo advertisers as spending shifts to digital
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.
Strong start for ‘Kingdom of the Planet of the Apes,' as ‘Fall Guy' fades
LOS ANGELES — “Kingdom of the Planet of the Apes” reigned over the weekend box office with a $56.5 million North American opening, according to studio estimates Sunday, giving a needed surge to an unc...
Disney and Warner Bros. Discovery announce bundled streaming services in US
Bobby Iaccino, co-founder of Path Trading Partners, weighs in on the effectiveness of bundling streaming platforms and why he believes the move 'defeats its own purpose.'