DIS Disney Stock Price Quote and Rating NYSE: DIS
This segment also provides a wide range of licensed and branded themed products based on each of its many franchises. Theme park results were buoyed by the opening of the World of Frozen attraction at Hong Kong Disneyland and Zootopia at Shanghai Disney Resort. Higher attendance at those parks helped offset a drop at Walt Disney World in Orlando, Florida.
Visit a quote page and your recently viewed tickers will be displayed here. If you had invested $1,000 in Disney’s IPO your stock today would be worth over 3 million dollars today.
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 https://g-markets.net/ too much, installing a new CEO in 2020 which was a bungler, and who overspent on Disney+. 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.
- Although Wall Street continues to be bullish on the name, the past couple of years have been brutally tough on this bluest of blue chip stocks.
- While it’s true that you can manipulate historical returns by fussing with their beginning and end points, Disney’s record vs the broader market over pretty much any standardized period you care to measure is poor.
- The 90s brought two more stock splits, one 4 for 1 in 1992 and then a 3 for 1 stock split in the summer of 1998.
- We’d like to share more about how we work and what drives our day-to-day business.
- All these stock splits work out as 1 share purchased at IPO being the worth 384 shares today.
The company’s ad-supported broadcast networks, along with its theme parks and consumer products, will suffer if the economy weakens. We expect fiscal 2023 admissions revenue will remain overbought vs oversold ahead of fiscal 2019, despite consumer worries about the economy and inflation. We project that merchandise, food, and beverage revenue will see similar growth, as will resorts revenue.
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380 employees have rated Walt Disney Chief Executive Officer Bob Chapek on Glassdoor.com. Bob Chapek has an approval rating of 77% among the company’s employees. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
Walt Disney saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 18,470,000 shares, a decrease of 31.7% from the January 15th total of 27,050,000 shares. Based on an average daily trading volume, of 13,970,000 shares, the short-interest ratio is currently 1.3 days. 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.
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Disney Reported Improving Figures As It Continues To Seek For Its Comeback
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.
Walt Disney Company News
Recent successes with Pixar and Marvel have helped create new opportunities for adults who may have outgrown their attraction to the company’s traditional characters. The 2012 acquisition of Lucasfilm added another avenue to engage with children and adults. Disney uses the success of its filmed entertainment not only to drive Disney+ subscriptions, but also to create new experiences at its parks and resorts, merchandising, TV programming, and even Broadway shows. Each new franchise deepens the Disney library, which should continue to generate value over the years.
The media network component also includes the Disney Channel, one of two dominant cable networks for children, which allows the firm to introduce and extend its strong content portfolio. With its 2019 purchase of the Fox entertainment assets, Disney enhanced its pay TV lineup by adding multiple channels with strong appeal to adults. FX and FXX are homes for critically acclaimed original scripted shows. All this content now finds its way onto Disney+ or Hulu, strengthening those platforms’ competitive positions in the streaming landscape. A great long-term franchise, but they’ve loaded the balance sheet with debt and cut the dividend three years ago. Their ESPN is starting to struggle, and Disney+ isn’t making them money.
Disney is making progress on a key goal, and is ready to pull another lever
To put such a sum in context, $220 billion is more than the entire market values of Dow stocks McDonald’s (MCD) or Salesforce (CRM). What Disney shareholders would probably like to forget is that DIS stock has cratered since then. Disney stock, a long-time market laggard, has shed more than $220 billion in value since its all-time high. Disney shares were rallying 9.8% in Thursday morning action and on track for their best single-day percentage gain since Dec. 11, 2020, when they advanced 13.6%, according to Dow Jones Market Data. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Which outpaced the drop of many other non-tech stocks which fell about half the amount during that time. Overall revenue for the Entertainment segment, which encompasses Disney’s traditional TV business, streaming and film, dropped 7% from a year earlier to $9.98 billion. Disney’s board of directors also authorized a $3 billion share repurchase program for the current fiscal year, and declared a dividend of 45 cents a share, payable on July 25 to shareholders of record on July 8.
The next stock split happened over a decade later in March 1986 when a 4 for 1 stock split took place. The 90s brought two more stock splits, one 4 for 1 in 1992 and then a 3 for 1 stock split in the summer of 1998. All these stock splits work out as 1 share purchased at IPO being the worth 384 shares today.
Have a look at the above chart and you’ll see that if you put $1,000 into Disney stock 20 years ago, today it would be worth $4,527. The same amount invested in the S&P 500 would theoretically be worth $5,968 today. Emily Bary is a MarketWatch news editor based in New York.
2009 was a tough year for Disney and the market as a whole. 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.