Research Analysts Issue Forecasts for WBD FY2027 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Equities research analysts at Barrington Research issued their FY2027 EPS estimates for shares of Warner Bros. Discovery in a research note issued on Wednesday, March 5th. Barrington Research analyst P. Sholl anticipates that the company will earn ($0.05) per share for the year. Barrington Research has a "Outperform" rating and a $16.00 price target on the stock. The consensus estimate for Warner Bros. Discovery's current full-year earnings is ($4.33) per share.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.30). Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%. The firm had revenue of $10.03 billion during the quarter, compared to analyst estimates of $10.16 billion.

A number of other analysts also recently issued reports on the company. Bank of America reaffirmed a "buy" rating and set a $14.00 price target on shares of Warner Bros. Discovery in a report on Thursday, December 12th. Benchmark reaffirmed a "buy" rating and issued a $18.00 price target on shares of Warner Bros. Discovery in a report on Wednesday, February 26th. KeyCorp raised their price objective on shares of Warner Bros. Discovery from $11.00 to $14.00 and gave the stock an "overweight" rating in a report on Tuesday, December 10th. Guggenheim upped their target price on shares of Warner Bros. Discovery from $11.00 to $12.50 and gave the company a "buy" rating in a report on Thursday, December 12th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Warner Bros. Discovery in a research report on Friday, February 28th. Ten analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Warner Bros. Discovery currently has an average rating of "Moderate Buy" and an average price target of $11.91.

Warner Bros. Discovery Stock Down 2.1 %

Shares of WBD stock traded down $0.22 on Friday, reaching $10.37. 50,761,512 shares of the stock were exchanged, compared to its average volume of 30,266,841. The company has a market capitalization of $25.44 billion, a price-to-earnings ratio of -2.26, a PEG ratio of 8.64 and a beta of 1.48. The business's 50 day moving average price is $10.39 and its 200 day moving average price is $9.43. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.03. Warner Bros. Discovery has a twelve month low of $6.64 and a twelve month high of $12.70.

Insider Buying and Selling at Warner Bros. Discovery

In other Warner Bros. Discovery news, Director Piazza Samuel A. Jr. Di bought 17,346 shares of the business's stock in a transaction on Monday, March 3rd. The stock was bought at an average price of $11.41 per share, for a total transaction of $197,917.86. Following the completion of the transaction, the director now owns 159,932 shares in the company, valued at approximately $1,824,824.12. The trade was a 12.17 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Savalle Sims sold 169,436 shares of Warner Bros. Discovery stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $12.36, for a total value of $2,094,228.96. Following the transaction, the insider now owns 599,317 shares of the company's stock, valued at $7,407,558.12. This represents a 22.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. grew its holdings in shares of Warner Bros. Discovery by 5.5% during the third quarter. Asset Management One Co. Ltd. now owns 919,611 shares of the company's stock worth $7,587,000 after buying an additional 47,542 shares in the last quarter. 1834 Investment Advisors Co. grew its stake in Warner Bros. Discovery by 5.5% in the 3rd quarter. 1834 Investment Advisors Co. now owns 39,890 shares of the company's stock worth $329,000 after acquiring an additional 2,066 shares during the period. M&G PLC raised its holdings in Warner Bros. Discovery by 84.5% in the 3rd quarter. M&G PLC now owns 1,132,579 shares of the company's stock valued at $9,061,000 after acquiring an additional 518,750 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Warner Bros. Discovery by 3.1% during the 3rd quarter. Principal Financial Group Inc. now owns 2,579,571 shares of the company's stock worth $21,281,000 after purchasing an additional 78,653 shares during the period. Finally, Deseret Mutual Benefit Administrators lifted its stake in shares of Warner Bros. Discovery by 23.4% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 8,859 shares of the company's stock worth $73,000 after purchasing an additional 1,682 shares during the period. Institutional investors and hedge funds own 59.95% of the company's stock.

Warner Bros. Discovery Company Profile

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.