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The Walt Disney Company (DIS)
Pre-market:
| Previous close | 100.87 |
| Open | 101.20 |
| Bid | 100.81 x 900 |
| Ask | 100.92 x 800 |
| Day's range | 100.25 - 101.69 |
| 52-week range | 78.73 - 123.74 |
| Volume | |
| Avg. volume | 10,646,709 |
| Market cap | 183.762B |
| Beta (5Y monthly) | 1.40 |
| PE ratio (TTM) | 109.57 |
| EPS (TTM) | 0.92 |
| Earnings date | 07 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | 0.90 (0.89%) |
| Ex-dividend date | 05 Jul 2024 |
| 1y target est | 124.75 |
ReutersDisney, Florida's DeSantis end spat with deal on 15-year expansion plan
DeSantis and Disney, one of Florida's biggest employers, had been embroiled in a dispute since 2022, when former Disney CEO Bob Chapek criticized a state legislative effort to limit classroom discussion of sexuality and gender issues for younger students. Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10 to 20 years.
CNN BusinessDisney and DeSantis-backed board ‘come to their senses’ with deal on development
In a development agreement unanimously approved Wednesday night, Disney promises to invest up to $17 billion in its Florida resort over the next 10 to 20 years and sets up the framework for potential theme park expansions.
Associated Press FinanceDeSantis appointees bury the hatchet with Disney by approving new development deal
Gov. Ron DeSantis' appointees on Wednesday gave final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World, which the Florida governor took over after the company two years ago publicly opposed a state law critics dubbed “Don't Say Gay.” The five DeSantis-appointed board members to the Central Florida Tourism Oversight District unanimously voted to approve a 15-year development deal in which the district committed to making infrastructure improvements in exchange for Disney investing up to $17 billion into Disney World over the next two decades. The agreement followed a detente in March in which both sides agreed to stop litigating each other in state court and work towards negotiating a new development agreement and a new comprehensive plan no later than next year.
