Warner Music Group Corp. (WMG)
| Market Cap | 19.01B |
| Revenue (ttm) | 4.54B |
| Net Income (ttm) | -497.00M |
| Shares Out | 111.17M |
| EPS (ttm) | -1.00 |
| PE Ratio | n/a |
| Forward PE | 60.61 |
| Dividend | $0.48 |
| Dividend Yield | 1.30% |
| Trading Day | April 19 |
| Last Price | $36.80 |
| Previous Close | $36.95 |
| Change ($) | -0.15 |
| Change (%) | -0.41% |
| Day's Open | 37.00 |
| Day's Range | 36.33 - 37.31 |
| Day's Volume | 124,928 |
| 52-Week Range | 25.42 - 39.48 |
NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, May 4, 2021, for the second quarter ended March 31, 2021, and will hold an earnings u...
Tencent Music Entertainment Group (NYSE:TME) and Warner Music Group Corp (NASDAQ:WMG) have agreed to establish a new joint venture record label in China, the two companies said as they also announced an...
Overwolf, created to make apps related to video games, has completed a Series C round for $52.5 million, a Medium blog post from CEO and co-founder Uri Marchand reads. Griffin Gaming Partners and Insigh...
Fund Heralds Intentional Structure and Bold Grantmaking Strategy as One Expression of WMG's Broader Diversity, Equity and Inclusion Efforts Fund Heralds Intentional Structure and Bold Grantmaking Strate...
Bulls are running and these three breakout stocks are primed to buy. Here's how you can use options to juice your returns.
NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per s...
The record label and entertainment media titan posted Street-stumping results in the holiday quarter.
Warner Music Group Corp.'s (WMG) CEO Steve Cooper on Q1 2021 Results - Earnings Call Transcript
Warner Music Group (WMG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NEW YORK, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Monday, February 1, 2021, for the first quarter ended December 31, 2020, and will hold an earni...
The company signed a consequential deal with the hottest social media app in the world.
Catching the wave of change just right informs this list of best entertainment . Here I'm striking a balance between recent disruptors and some time-honored names spanning many generations with these ei...
Morgan Stanley just gave these shares the green light.
Warner Music Group Corp.'s (WMG) CEO Stephen Cooper on Q4 2020 Results - Earnings Call Transcript
The company posted a profit of $1 million for the three months ended September 30, as compared to $91 million in the same period last year.
Warner Music Group Corp. (NASDAQ: WMG) reported its financial results on Monday that highlighted a 0.2% year over year growth in its fourth-quarter revenue. On a constant currency basis, total revenue w...
Warner Music Group Corp. reported Monday a breakeven fiscal fourth quarter, missing expectations, although revenue rose slightly above forecasts. The stock rose 0.8% in premarket trading.
Continued Momentum in Streaming Highlighted by Sequential Improvement in Revenue Growth
NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Monday, November 23, 2020, for the fourth quarter and fiscal year ended September 30, 2020, and...
NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 per s...
NEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it h...
NEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it h...
NEW YORK, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Steve Cooper, Chief Executive Officer, will participate in a question and ans...
Physical music revenue declined while digital music revenue grew.
It’s a whole new playing field these days for music labels and publishers, and today one of the big three made an acquisition to help it sharpen up its strategy to better understand what people want to ...
Shares of Warner Music Group Corp. WMG, +0.64% gained 0.4% in premarket trading Friday, after the music publisher and recorder initiated a quarterly cash dividend.
The music industry is poised to continue its comeback, this time in the public market.
NEW YORK, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it...
NEW YORK, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it...
Warner Music Group's (WMG) CEO Steve Cooper on Q3 2020 Results - Earnings Call Transcript
Warner Music Group Corp. shares WMG, -0.69% rose 2.3% in premarket trade Tuesday, after the company swung to a bigger-than-expected loss for the second quarter in the midst of the pandemic, but revenue ...
NEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. today announced its third-quarter financial results for the period ended June 30, 2020.
NEW YORK, July 28, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, August 4, 2020, for the third quarter ended June 30, 2020, and will hold an earnings...
The Renaissance IPO Index is up 37.7% year to date compared to -1.3% for the S&P 500. Here are seven new stocks to buy from this index.
The market for initial public offerings has come roaring back, coinciding with the recovery of stock markets, hope for a V-shape economic recovery and a strong IPO market in June. The post IPO Market R...
NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that its wholly-owned subsidiary, WMG Acquisition Corp. (the “Company”), has priced...
NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that its wholly-owned subsidiary, WMG Acquisition Corp. (the “Company”), has priced...
NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary WMG Acquisition Corp. (the “Company”) it h...
China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on the Nasdaq.
Tencent Music Entertainment Group said Friday it now owns a 5.2% stake in newly public Warner Music Group. , In a SEC filing, the Chinese
China's Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Warner Music Group Corp , about a week after the world's third-largest recording label's debut on the Nasdaq.
The IPO market needed a hero and Warner Music Group stock temporarily filled that role. However, in the nearer term, WMG is risky due to poor music streaming fundamentals.
Warner Music: I Do Not Like The Sound Of This
Warner Music Group Corp. shares WMG, +5.91% rose another 5% Thursday on their second day of trading, after gaining more than 20% in their debut on Wednesday.
Investors can easily tap the IPO resurgence with the two domestic-focused ETFs.
The stock market kept moving higher on Wednesday.
About WMG
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, 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 the related marketing, promotion, distribution, sale, and licensing of music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video t... [Read more...]
| Industry Entertainment | IPO Date Jun 3, 2020 |
| Stock Exchange NASDAQ | Ticker Symbol WMG |
Analyst Forecasts
According to 16 analysts, the average rating for WMG stock is "Buy." The 12-month stock price forecast is 40.14, which is an increase of 9.08% from the latest price.