Warner Music Group Corp. (WMG)

Market Cap	16.63B
Revenue (ttm)	6.43B
Net Income (ttm)	429.00M
Shares Out	517.99M
EPS (ttm)	0.83
PE Ratio	38.79
Forward PE	22.04
Dividend	$0.70 (2.18%)
Ex-Dividend Date	Nov 19, 2024

Volume	1,228,027
Open	32.35
Previous Close	32.40
Day's Range	32.09 - 32.69
52-Week Range	27.06 - 38.05
Beta	1.37
Analysts	Buy
Price Target	35.54 (+10.72%)
Earnings Date	Nov 21, 2024

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 13 analysts, the average rating for WMG stock is "Buy." The 12-month stock price forecast is $35.54, which is an increase of 10.72% from the latest price.

Price Target

$35.54

(10.72% upside)

Analyst Consensus: Buy