Warner Music Group Corp. (WMG)

Market Cap	18.45B
Revenue (ttm)	6.34B
Net Income (ttm)	505.00M
Shares Out	520.36M
EPS (ttm)	0.97
PE Ratio	36.37
Forward PE	24.60
Dividend	$0.72 (2.03%)
Ex-Dividend Date	Feb 24, 2025

Volume	1,231,400
Open	35.69
Previous Close	35.90
Day's Range	35.20 - 35.71
52-Week Range	27.06 - 36.64
Beta	1.35
Analysts	Buy
Price Target	35.73 (+0.76%)
Earnings Date	Feb 6, 2025

About WMG

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 ...

• Industry: Entertainment
• Sector: Communication Services
• IPO Date: Jun 3, 2020
• Employees: 5,900
• Stock Exchange: NASDAQ
• Ticker Symbol: WMG
• Website: https://www.wmg.com

Financial Performance

In 2024, Warner Music Group's revenue was $6.43 billion, an increase of 6.44% compared to the previous year's $6.04 billion. Earnings were $429.00 million, an increase of 1.18%.

Analyst Forecast

According to 15 analysts, the average rating for WMG stock is "Buy." The 12-month stock price forecast is $35.73, which is an increase of 0.76% from the latest price.

Price Target

$35.73

(0.76% upside)

Analyst Consensus: Buy