Warner Music GroupWMG

WMG current price
$32.52-1.06%

Capital at risk.

1W
+0.49%
1M
-1.16%
3M
+8.62%
6M
+6.14%
1Y
-1.06%
MAX
+17.74%
About Warner Music Group
Ticker
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WMG
Trading on
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NASDAQ
ISIN
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US9345502036
Industry
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Entertainment
Sector
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Communication Services
CEO
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Robert Kyncl
Headquarters
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1633 Broadway, New York, NY, United States, 10019
Employees
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5,900
Website
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wmg.com
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
Metrics
BasicAdvanced
Market cap
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$16.9B
P/E ratio
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39.45
EPS
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$0.83
Dividend Yield
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2.14%
Beta
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1.37
Forward P/E ratio
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23.98
EBIDTA
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$1.33B
Ex dividend date
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2024-11-19
Price & volume
Market cap
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$16.9B
Average daily volume
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1.8M
90-day return
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8.62%
30-day return
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-1.16%
7-day return
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0.49%
Dividends
Dividend per share
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$0.00
Dividend yield
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2.14%
Forward dividend per share
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$0.72
Forward dividend yield
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2.14%
Payout ratio
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51.73%
Valuation
P/E ratio
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39.45
Forward P/E
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23.98
PEG ratio
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1.26
Trailing P/E
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39.45
Price to sales
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2.65
Price to book
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32.59
Earnings
EPS
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$0.83
EPS estimate (current quarter)
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$0.31
EPS estimate (next quarter)
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$0.43
EBITDA
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$1.33B
Revenues (TTM)
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$6.38B
Revenues per share (TTM)
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$12.34
Technicals
Beta
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1.37
52-week High
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$37.23
52-week Low
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$26.75
50-day moving average
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$32.11
200-day moving average
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$31.48
Short ratio
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6.78
Short %
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8.11%
Management effectiveness
ROE (TTM)
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125.05%
ROA (TTM)
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7.42%
Profit margin
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8.56%
Gross profit margin
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$2.84B
Operating margin
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14.48%
Growth
Quarterly earnings growth (YoY)
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13.70%
Quarterly revenue growth (YoY)
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0.60%
Share stats
Outstanding Shares
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143M
Float
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134M
Insiders %
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6.39%
Institutions %
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109.16%
Analyst Insights & forecasts
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64% Buy

26% Hold

10% Sell

Based on information from 19 analysts.

Average price target

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$35.89
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.33
$0.43
23.26%
Q4 • 23Beat
$0.39
$0.24
62.50%
Q1 • 24Beat
$0.32
$0.27
18.52%
Q2 • 24Beat
$0.31
$0.28
11.86%
Q3 • 24Beat
-
-
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$1.55B
$139M
8.94%
Q2 • 24
$1.63B
$41M
2.52%
Q3 • 24
4.89%
70.50%
71.88%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$8.83B
$8.2B
92.81%
Q2 • 24
$9.16B
$8.48B
92.63%
Q3 • 24
3.68%
3.48%
0.20%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$188M
$-76M
$-90M
$117M
Q2 • 24
$304M
$-110M
$-116M
$207M
Q3 • 24
61.70%
44.74%
28.89%
76.92%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Fear

+1.5

-0.56

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Warner Music Group share?
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Warner Music Group shares are currently traded for $32.52 per share.

How many shares does Warner Music Group have?
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Warner Music Group currently has 143M shares.

Does Warner Music Group pay dividends?
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No, Warner Music Group doesn't pay dividends.

What is Warner Music Group 52 week high?
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Warner Music Group 52 week high is $37.23.

What is Warner Music Group 52 week low?
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Warner Music Group 52 week low is $26.75.

What is the 200-day moving average of Warner Music Group?
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Warner Music Group 200-day moving average is $31.48.

Who is Warner Music Group CEO?
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The CEO of Warner Music Group is Robert Kyncl.

How many employees Warner Music Group has?
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Warner Music Group has 5,900 employees.

What is the market cap of Warner Music Group?
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The market cap of Warner Music Group is $16.9B.

What is the P/E of Warner Music Group?
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The current P/E of Warner Music Group is 39.45.

What is the EPS of Warner Music Group?
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The EPS of Warner Music Group is $0.83.

What is the PEG Ratio of Warner Music Group?
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The PEG Ration of Warner Music Group is 1.26.

What do analysts say about Warner Music Group?
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According to the analysts Warner Music Group is considered a buy.