DIS Stock Recent News

Disney's original theme park resort announced higher ticket prices this week. It's not as bad as you think.

Walt Disney World said on Wednesday its theme park in Florida would remain closed on Thursday, joining other major Orlando attractions preparing for Hurricane Milton, which is expected to make landfall in the state on Thursday.

Weekends and holidays, which are the highest volume days, will be hiked 6.2% from $194 to $206 a day effective immediately.

Despite an elevated valuation and competitive pressure, DIS' iconic brand and revitalized theme parks and cruise business make the stock worth a watch.

Walt Disney (DIS) closed the most recent trading day at $92.51, moving +0.13% from the previous trading session.

Walt Disney World will close early on Wednesday as Florida braces for Hurricane Milton. The amusement park rarely shuts down, as hurricanes don't typically hit Orlando.

Needham analyst Bernie McTernan expressed his view on PENN Entertainment, Inc. PENN investor event in Las Vegas on Monday.

Goldman Sachs analysts have predicted that Hurricane Milton, expected to make landfall in central Florida, will negatively impact The Walt Disney Company's (DIS, Financial) earnings. The hurricane may lead to park closures and operational disruptions, potentially reducing Disney's earnings before interest and taxes (EBIT) by approximately $150 million to $200 million in the first quarter of fiscal year 2025.

Disney's recent financial performance, particularly in free cash flow and operating income, indicates a strong turnaround, making it an attractive investment opportunity. Bob Iger's return as CEO has stabilized DIS, with strategic initiatives driving positive results and positioning Disney for continued growth. Upcoming content releases and cost-cutting measures are expected to support Disney's financial revival and attract new streaming subscribers.

To help holders of its battered-down stock, Walt Disney Co. (NYSE: DIS) will need more than a brief success of its studio.