Warner Music Group Corp. (WMG)
| 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 |
The company signed a consequential deal with the hottest social media app in the world.
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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...
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,...
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 $...
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...
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...
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...
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 peopl...
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 “Com...
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...
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, bu...
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 a...
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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”), ...
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”), ...
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...
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...
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...
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 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.
Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27.
The stock sale immediately follows Blackout Tuesday. “We concluded that there was sufficient market momentum,” the group’s CEO said.
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.
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...
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...
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.
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...
Superfans of Lizzo, Ed Sheeran and Cardi B can now cash in on their idols’ latest hits by investing in this newly public company.
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 ...
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...
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 |
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.