- Previous Close
31.08 - Open
31.14 - Bid 31.03 x 2500
- Ask 31.11 x 1900
- Day's Range
30.86 - 31.37 - 52 Week Range
27.06 - 38.05 - Volume
926,860 - Avg. Volume
1,905,266 - Market Cap (intraday)
16.087B - Beta (5Y Monthly) 1.37
- PE Ratio (TTM)
29.87 - EPS (TTM)
1.04 - Earnings Date Nov 14, 2024 - Nov 18, 2024
- Forward Dividend & Yield 0.72 (2.32%)
- Ex-Dividend Date Aug 27, 2024
- 1y Target Est
35.88
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 unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
www.wmg.com5,900
Full Time Employees
September 30
Fiscal Year Ends
Sector
Industry
Recent News: WMG
View MorePerformance Overview: WMG
Trailing total returns as of 9/25/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: WMG
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: WMG
View MoreValuation Measures
Market Cap
16.09B
Enterprise Value
19.74B
Trailing P/E
29.88
Forward P/E
21.51
PEG Ratio (5yr expected)
1.21
Price/Sales (ttm)
2.52
Price/Book (mrq)
33.32
Enterprise Value/Revenue
3.09
Enterprise Value/EBITDA
15.89
Financial Highlights
Profitability and Income Statement
Profit Margin
8.56%
Return on Assets (ttm)
7.42%
Return on Equity (ttm)
125.05%
Revenue (ttm)
6.38B
Net Income Avi to Common (ttm)
539M
Diluted EPS (ttm)
1.04
Balance Sheet and Cash Flow
Total Cash (mrq)
607M
Total Debt/Equity (mrq)
669.76%
Levered Free Cash Flow (ttm)
686.12M
Research Analysis: WMG
View MoreCompany Insights: WMG
WMG does not have Company Insights
Research Reports: WMG
View MoreRaising target price to $27.00
WARNER MUSIC GROUP CORP-CL A has an Investment Rating of SELL; a target price of $27.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.
RatingPrice TargetDaily – Vickers Top Buyers & Sellers for 09/16/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Daily – Vickers Top Buyers & Sellers for 09/11/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
What does Argus have to say about WMG?
WARNER MUSIC GROUP CORP-CL A has an Investment Rating of SELL; a target price of $22.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.
RatingPrice Target