Warner Music Group Corp. (WMG)

Market Cap	18.83B
Revenue (ttm)	5.92B
Net Income (ttm)	551.00M
Shares Out	515.94M
EPS (ttm)	1.06
PE Ratio	34.39
Forward PE	32.26
Dividend	$0.62 (1.70%)
Ex-Dividend Date	Nov 21, 2022

Volume	261,478
Open	36.26
Previous Close	36.45
Day's Range	36.07 - 36.74
52-Week Range	21.57 - 44.64
Beta	1.58
Analysts	Buy
Price Target	38.31 (+4.99%)
Earnings Date	Feb 9, 2023

About WMG

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 pr...

• Industry: Entertainment
• Sector: Communication Services
• IPO Date: Jun 3, 2020
• Employees: 6,200
• Stock Exchange: NASDAQ
• Ticker Symbol: WMG

Financial Performance

In 2022, WMG's revenue was $5.92 billion, an increase of 11.66% compared to the previous year's $5.30 billion. Earnings were $551.00 million, an increase of 81.25%.

Analyst Forecast

According to 24 analysts, the average rating for WMG stock is "Buy." The 12-month stock price forecast is $38.31, which is an increase of 4.99% from the latest price.

Price Target

$38.31

(4.99% upside)

Analyst Consensus: Buy