Warner Music Group Corp. – NASDAQ:WMG
Warner Music Group Corp. stock price today
$32.49
+1.04
+3.31%
Financial Health
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Market closed
Open in 2 days
Warner Music Group Corp. stock price monthly change
+1.75%
month
Warner Music Group Corp. stock price quarterly change
+1.75%
quarter
Warner Music Group Corp. stock price yearly change
-11.31%
year
Warner Music Group Corp. key metrics
Market Cap | 15.94B |
Enterprise value | 19.88B |
P/E | 37.33 |
EV/Sales | 3.09 |
EV/EBITDA | 17.02 |
Price/Sales | 2.53 |
Price/Book | 31.35 |
PEG ratio | 0.60 |
EPS | 0.76 |
Revenue | 6.04B |
EBITDA | 1.12B |
Income | 404M |
Revenue Q/Q | N/A |
Revenue Y/Y | N/A |
Profit margin | 6.77% |
Oper. margin | 14.78% |
Gross margin | 46.5% |
EBIT margin | 14.78% |
EBITDA margin | 18.63% |
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Sign up for freeWarner Music Group Corp. stock price history
Warner Music Group Corp. stock forecast
Warner Music Group Corp. financial statements
Average Price Target
$33.6
Potential upside: 3.41%
Analysts Price target
Financials & Ratios estimates
| Mar 2023 | 1.39B | 34M | 2.43% |
|---|---|---|---|
| Jun 2023 | 1.56B | 122M | 7.8% |
| Sep 2023 | 1.58B | 152M | 9.58% |
| Mar 2024 | 1.49B | 96M | 6.43% |
| 2023-05-09 | 0.06 | 0.06 |
|---|
2.22%
Yield TTM
| Payout ratio | 82.99% |
|---|
| 2020 | 2.35% |
|---|---|
| 2021 | 1.21% |
| 2022 | 2.66% |
| 2023 | 2.1% |
| 2024 | 2.2% |
| Mar 2023 | 8010000000 | 7.74B | 96.68% |
|---|---|---|---|
| Jun 2023 | 8150000000 | 7.85B | 96.33% |
| Sep 2023 | 8545000000 | 8.11B | 94.97% |
| Mar 2024 | 8731000000 | 8.14B | 93.3% |
| Mar 2023 | -6M | -41M | -73M |
|---|---|---|---|
| Jun 2023 | 146M | -53M | -90M |
| Sep 2023 | 338M | -196M | -92M |
| Mar 2024 | -31M | -33M | -97M |
Warner Music Group Corp. alternative data
| Aug 2023 | 6,200 |
|---|---|
| Sep 2023 | 6,200 |
| Oct 2023 | 6,200 |
| Nov 2023 | 6,200 |
| Dec 2023 | 5,900 |
| Jan 2024 | 5,900 |
| Feb 2024 | 5,900 |
| Mar 2024 | 5,900 |
| Apr 2024 | 5,900 |
| May 2024 | 5,900 |
| Jun 2024 | 5,900 |
| Jul 2024 | 5,900 |
Warner Music Group Corp. other data
77.38%
+1.34%
of WMG is owned by hedge funds
156
-16
117.45M
+2.02M
shares is hold by hedge funds
What is insider trading?
| Period | Buy | Sel |
|---|---|---|
| Feb 2024 | 0 | 71981 |
| Sep 2024 | 0 | 934467 |
| Dec 2024 | 0 | 35000 |
| Transaction | Date | Insider | Security | Shares | Price per share | Total value | Source |
|---|---|---|---|---|---|---|---|
Sale | BENET LINCOLN E director | Class A Common Stock | 35,000 | $30.96 | $1,083,600 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 250,769 | $28.09 | $7,044,101 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 428,834 | $28 | $12,007,352 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 7,359 | $28.24 | $207,818 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 135,324 | $28.17 | $3,812,077 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 48,134 | $28.21 | $1,357,860 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 64,047 | $28.25 | $1,809,328 | ||
Sale | BENET LINCOLN E director | Class A Common Stock | 71,981 | $36.12 | $2,599,954 | ||
Sale | LOUSADA MAX officer: CEO, Rec.. | Class A Common Stock | 869,008 | $33.36 | $28,990,107 | ||
Sale | BENET LINCOLN E director | Class A Common Stock | 30,000 | $32.14 | $964,200 |
| Quarter | Transcript |
|---|---|
| Q2 2024 9 May 2024 | Q2 2024 Earnings Call Transcript |
| Q1 2024 8 Feb 2024 | Q1 2024 Earnings Call Transcript |
| Q4 2023 16 Nov 2023 | Q4 2023 Earnings Call Transcript |
| Q3 2023 8 Aug 2023 | Q3 2023 Earnings Call Transcript |
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What's the price of Warner Music Group Corp. stock today?
One share of Warner Music Group Corp. stock can currently be purchased for approximately $32.49.
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When is Warner Music Group Corp.'s next earnings date?
Unfortunately, Warner Music Group Corp.'s (WMG) next earnings date is currently unknown.
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Does Warner Music Group Corp. pay dividends?
Yes, Warner Music Group Corp. pays dividends and its trailing 12-month yield is 2.23% with 83% payout ratio. The last Warner Music Group Corp. stock dividend of $0.15 was paid on 1 Dec 2021.
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How much money does Warner Music Group Corp. make?
Warner Music Group Corp. has a market capitalization of 15.94B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6.44% to 6.43B US dollars. Warner Music Group Corp. earned 435M US dollars in net income (profit) last year or $0.06 on an earnings per share basis.
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What is Warner Music Group Corp.'s stock symbol?
Warner Music Group Corp. is traded on the NASDAQ under the ticker symbol "WMG".
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What is Warner Music Group Corp.'s primary industry?
Company operates in the Communication Services sector and Entertainment industry.
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How do i buy shares of Warner Music Group Corp.?
Shares of Warner Music Group Corp. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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Who are Warner Music Group Corp.'s key executives?
Warner Music Group Corp.'s management team includes the following people:
- Mr. Stephen Forbes Cooper Chief Executive Officer & Director(age: 79, pay: $15,970,000)
- Mr. Eric Joshua Levin Executive Vice President & Chief Financial Officer (Leave of Absence)(age: 62, pay: $9,750,000)
- Mr. Max Lousada Chief Executive Officer of Warner Recorded Music(age: 52, pay: $8,710,000)
- Mr. Paul Martin Robinson Esq., J.D. Executive Vice President, Gen. Counsel & Sec.(age: 67, pay: $5,250,000)
- Mr. Guy Moot Co-Chair & Chief Executive Officer of Warner Chappell Music(age: 59, pay: $4,010,000)
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How many employees does Warner Music Group Corp. have?
As Jul 2024, Warner Music Group Corp. employs 5,900 workers.
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When Warner Music Group Corp. went public?
Warner Music Group Corp. is publicly traded company for more then 5 years since IPO on 3 Jun 2020.
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What is Warner Music Group Corp.'s official website?
The official website for Warner Music Group Corp. is wmg.com.
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Where are Warner Music Group Corp.'s headquarters?
Warner Music Group Corp. is headquartered at 1633 Broadway, New York, NY.
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How can i contact Warner Music Group Corp.?
Warner Music Group Corp.'s mailing address is 1633 Broadway, New York, NY and company can be reached via phone at +212 2752000.
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What is Warner Music Group Corp. stock forecast & price target?
Based on 4 Wall Street analysts` predicted price targets for Warner Music Group Corp. in the last 12 months, the avarage price target is $33.6. The average price target represents a 3.41% change from the last price of $32.49.
Warner Music Group Corp. company profile:
Warner Music Group Corp.
wmg.comExchange:
NASDAQ
Full time employees:
5,900
Industry:
Entertainment
Sector:
Communication Services
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company 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 100,000 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.
1633 Broadway
New York, NY 10019
New York, NY 10019
CIK: 0001319161
ISIN: US9345502036
CUSIP: 934550203
