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Warner Music Group Corp. (WMG)

Stock Price: $34.97 USD -1.22 (-3.37%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Market Cap 17.84B
Revenue (ttm) 4.46B
Net Income (ttm) -475.00M
Shares Out 504.52M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE 58.82
Dividend $0.48
Dividend Yield 1.37%
Trading Day January 15
Last Price $34.97
Previous Close $36.19
Change ($) -1.22
Change (%) -3.37%
Day's Open 35.98
Day's Range 33.87 - 36.05
Day's Volume 834,374
52-Week Range 26.13 - 38.02

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The Motley Fool - 1 week ago

The company signed a consequential deal with the hottest social media app in the world.

InvestorPlace - 1 week ago

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 wit...

Other stocks mentioned: AAPL, AMZN, DIS, LYV, NFLX, NTDOY, TWTR
InvestorPlace - 1 week ago

The global pandemic has interrupted the growth of digital music, but that looks to change. Here are 7 music stocks to buy for when the parties begin again.

Other stocks mentioned: AAPL, AMZN, SIRI, SPOT, TCEHY, VIVHY
InvestorPlace - 2 weeks ago

The holiday season is subdued this year. However, holiday music will still be played and that's got me thinking about music stocks to buy.

Other stocks mentioned: AAPL, DLB, SIRI, SNE, SONO, SPOT
The Motley Fool - 4 weeks ago

Morgan Stanley just gave these shares the green light.

Seeking Alpha - 1 month ago

Warner Music Group Corp.'s (WMG) CEO Stephen Cooper on Q4 2020 Results - Earnings Call Transcript

The Dog of Wall Street - 1 month ago

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.

Invezz - 1 month ago

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...

Market Watch - 1 month ago

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.

GlobeNewsWire - 1 month ago

Continued Momentum in Streaming Highlighted by Sequential Improvement in Revenue Growth

GlobeNewsWire - 1 month ago

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,...

GlobeNewsWire - 2 months ago

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 $...

GlobeNewsWire - 2 months ago

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 “Compa...

GlobeNewsWire - 2 months ago

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 “Compa...

GlobeNewsWire - 4 months ago

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 questi...

The Motley Fool - 4 months ago

Physical music revenue declined while digital music revenue grew.

TechCrunch - 5 months ago

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 peopl...

Market Watch - 5 months ago

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 Motley Fool - 5 months ago

The music industry is poised to continue its comeback, this time in the public market.

GlobeNewsWire - 5 months ago

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 “Com...

GlobeNewsWire - 5 months ago

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 “Com...

Seeking Alpha - 5 months ago

Warner Music Group's (WMG) CEO Steve Cooper on Q3 2020 Results - Earnings Call Transcript

Market Watch - 5 months ago

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, bu...

GlobeNewsWire - 5 months ago

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.

GlobeNewsWire - 5 months ago

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 a...

InvestorPlace - 5 months ago

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.

Other stocks mentioned: LVGO, PPD, REYN, RPRX, ZI
InvestorPlace - 6 months ago

Although the market remains bubbly, some of the newest stocks present great opportunities here. Dive into these recent IPOs now.

Other stocks mentioned: DT, FOUR, MDLA, PING, REYN, SLQT
Investors Business Daily - 6 months ago

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 IP...

Other stocks mentioned: DOCU, RPRX, SPOT, UBER, VRM, ZI
GlobeNewsWire - 6 months ago

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”), ...

GlobeNewsWire - 7 months ago

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”), ...

GlobeNewsWire - 7 months ago

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 “Comp...

New York Post - 7 months ago

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 th...

Other stocks mentioned: TME
Deadline - 7 months ago

Tencent Music Entertainment Group said Friday it now owns a 5.2% stake in newly public Warner Music Group.                                                              , In a SEC filing, the C...

Other stocks mentioned: TME
Reuters - 7 months ago

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.

Other stocks mentioned: TME
InvestorPlace - 7 months ago

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.

Seeking Alpha - 7 months ago

Warner Music: I Do Not Like The Sound Of This

Market Watch - 7 months ago

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.

Zacks Investment Research - 7 months ago

Investors can easily tap the IPO resurgence with the two domestic-focused ETFs.

The Motley Fool - 7 months ago

The stock market kept moving higher on Wednesday.

Other stocks mentioned: GNUS
Benzinga - 7 months ago

Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27.

Fast Company - 7 months ago

The stock sale immediately follows Blackout Tuesday. “We concluded that there was sufficient market momentum,” the group’s CEO said.

Market Watch - 7 months ago

Warner Music Group Corp.'s WMG, +14.84% life as a public company got off to a positive start Wednesday, as the stock opened for trading 8% above its initial public offering price of $25.

Reuters - 7 months ago

Warner Music Group Corp's stock popped 8% on its Nasdaq debut on Wednesday, after the world's third-largest recording label sold shares in its $1.9-billion initial public offering towards the...

Investors Business Daily - 7 months ago

The deal, which is the biggest IPO of the year to date, values the music giant at $12.75 billion. The post The Biggest IPO Of The Year Is About To Start Trading appeared first on Investor's B...

CNBC Television - 7 months ago

Warner Music CEO Stephen Cooper on decision to re-enter public markets

Stephen Cooper, Warner Music CEO, joins "Squawk on the Street" to discuss the company's decision to re-enter the public markets.

New York Post - 7 months ago

Warner Music Group priced its initial public offering at $25 per share, valuing the record label, which represents the likes of Ed Sheeran, Bruno Mars and Cardi B., at an eye-popping $12.75 bi...

Benzinga - 7 months ago

Superfans of Lizzo, Ed Sheeran and Cardi B can now cash in on their idols’ latest hits by investing in this newly public company.

Market Watch - 7 months ago

Warner Music Group Corp. priced its initial public offering on Wednesday at $25 a share, the higher end of its $23 to $26 price range, and increased the size of the deal to 77 million shares ...

Market Watch - 7 months ago

Warner Music Group Corp. delayed the pricing of its planned initial public offering on Tuesday, as the music industry took a pause from regulator activity to express solidarity with the protes...

Benzinga - 7 months ago

Warner Music is set to list at the Nasdaq Stock Market on Wednesday. Warner Music Could Kickstart A String Of IPOs This Year The record label giant is expected to price the initial public offe...

About WMG

Warner Music Group 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 titles,... [Read more...]

Industry
Entertainment
IPO Date
Jun 3, 2020
CEO
Stephen Forbes Cooper
Employees
5,500
Stock Exchange
NASDAQ
Ticker Symbol
WMG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 16 analysts, the average rating for WMG stock is "Buy." The 12-month stock price forecast is 34.67, which is a decrease of -0.86% from the latest price.

Price Target
$34.67
(-0.86% downside)
Analyst Consensus: Buy