How to Buy Disney Stock
Walt Disney Co
Disney is a entertainment company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker DIS on the NYSE exchange.
Disney stock last closed at $112.73, down 0.04% from the previous day, and has increased 16.69% in one year. It has overperformed other stocks in the Entertainment industry by 0.03 percentage points. Disney stock is currently +43.18% from its 52-week low of $78.73, and -8.9% from its 52-week high of $123.74.
At the moment, there are 1.83B DIS shares outstanding. The market capitalization of DIS is $206.78B. In the last 24 hours, 6.29M DIS shares were traded.
How to Buy Disney Stock
Wondering how to invest in Disney stock? Here's how.
- Choose where to buy Disney stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Disney stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your info.
- Analyze Disney stock: The Disney ticker symbol is DIS. Is Disney stock a good investment? Should you buy shares of DIS? How do DIS's underlying business fundamentals look? Do top analysts think Disney is a good buy? Why has DIS's stock price moved recently? (Hint: Our stock research tools can help you figure out if DIS is a good stock to buy).
- Make your DIS buy order: Decide if you will purchase DIS shares at the current market price or use a limit order to buy DIS shares at a particular price.
- Keep tabs on your DIS investment: Create a watchlist to important updates regarding your investment in Disney stock.
Step 1: Choose where to buy Disney stock
You need an online brokerage account to access the NYSE market and buy DIS stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Utilities, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to invest in DIS today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Disney stock
Once you have figured out the best place to buy Disney stock, it's crucial to analyze their stock prior to investing, so you can understand the risk and opportunity.
Disney Metrics
Fundamentals of DIS
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on DIS's stock page.
Is DIS stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge DIS's fair value.
Using relative valuations metrics:
- DIS may be overvalued based on its P/E ratio of 68.74x, relative to Entertainment industry P/E ratio of 35.95x
- DIS could be undervalued based on its P/B ratio of 2.05x, relative to Entertainment industry P/B ratio of 2.64x
- DIS may be overvalued based on its PEG ratio of 1.2x
You can access additional valuation research on DIS's stock here.
A look at DIS Cashflows and Balance Sheet
Positive Financial Indicators:
- DIS earnings of $5.83B is not enough to cover its interest payments.
- DIS's operating cash flow of $13.03B allows it to safely service it's debt of $47.69B.
Negative Financial Indicators:
- DIS profit margin has gone down from 3.9% to 3.4% in the past year.
- DIS has a relatively high debt to equity ratio of 0.92.
- Total DIS debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the DIS balance sheet.
- There are more short-term liabilities than short-term assets on the DIS balance sheet.
Is it a good time to buy DIS stock, according to Wall Street analysts?
Out of 16 sell side analysts who monitor DIS, the consensus analyst rating on Disney is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent DIS Analyst Forecasts
Barton Crockett, a top 11% analyst from Rosenblatt maintains DIS with a strong buy rating and raises their DIS price target from $129.00 to $137.00, on Apr 2, 2024.
Rosenblatt's Barton Crockett raised their price target on Disney (NYSE: DIS) by 6.2% from $129 to $137 on 2024/04/02. The analyst maintained their Strong Buy rating on the stock.
Crockett explained that their elevated price target takes into account Disney management's commentary that free cash flow is expected to "exceed guidance for more than $8B" and that domestic and international Parks operating income is trending up at a low- to mid-teens Y/Y percentage."
The analyst added that the company is now expected to win its proxy battle with Nelson Peltz and Trian Fund Management.
Laura Martin, a top 2% analyst from Needham maintains DIS with a buy rating and maintains their DIS price target from $145.00 to $145.00, on Apr 2, 2024.
Jessica Ehrlich, a top 31% analyst from Bank of America maintains DIS with a strong buy rating and raises their DIS price target from $130.00 to $145.00, on Apr 1, 2024.
Jonathan Kees, a bottom 20% analyst from Daiwa Capital maintains DIS with a strong buy rating and maintains their DIS price target from $133.00 to $133.00, on Apr 1, 2024.
John Hodulik, a bottom 21% analyst from UBS maintains DIS with a strong buy rating and raises their DIS price target from $120.00 to $140.00, on Mar 27, 2024.
You can dive deeper into what analysts are forecasting on the Disney stock forecast page.
DIS Momentum
DIS Earnings
Last year, DIS earnings were $2.99B. In the past five year, DIS's earnings have increased by -25.9% per year. This was slower than the Entertainment industry average of 11.57%.
Last year, DIS revenue was $88.94B. During the past five year, DIS's revenue has gone up by 8.41% per year. This was slower than the Entertainment industry average of 14.89%.
Find out more about DIS's earnings and revenue performance here.
What are DIS executives and large shareholders up to?
In the last year, executives and large shareholders at DIS have bought more shares than they have sold.
Sonia L. Coleman, Sr. EVP and Chief HR Officer of DIS, was the latest DIS insider to sell. They sold $226,405.44 worth of DIS stock on Apr 1, 2024.
Get more info about who owns DIS stock here.
Does DIS stock generate passive income?
No, Disney doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your DIS buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and eToro will place the order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your DIS investment
Now that you own some DIS shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to get alerted to the latest events about your DIS stock.
DIS Feed
How to Buy Stock in Disney
To summarize, here are the 6 steps to buy Disney stock:
- Choose where to buy Disney stock
- Create your brokerage account
- Deposit money your investment account
- Analyze Disney stock
- Make your DIS buy order
- Keep tabs on your DIS investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Disney, create your watchlist below.
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