Warner Music Group (WMG) Stock Price, News & Analysis

Company Overview

Warner Music Group (NASDAQ:WMG) is a leading global entertainment company focused on recorded music, music publishing and artist services. Through its Recorded Music division, the company develops, markets and distributes music across a wide array of genres, operating renowned labels such as Atlantic Records, Warner Records and Elektra Music Group. The Artist Services division offers marketing, distribution and promotional support to independent artists and smaller labels, while the company’s distribution arm ensures content reaches consumers across physical and digital channels worldwide.

The company’s Music Publishing arm, Warner Chappell Music, administers a catalog of songs spanning multiple genres and eras. It provides comprehensive rights management and licensing solutions for use in film, television, advertising, video games and other media. Warner Chappell collaborates closely with songwriters, composers and music supervisors to facilitate synchronization opportunities and royalty collection, leveraging its global network of affiliates and sub‐publishers to maximize revenue for its repertoire.

Founded in 1958 as part of Warner Bros. Pictures, Warner Music Group became an independent entity following its spin‐out from Time Warner in 2004. Since its initial public offering in 2020, the company has continued to expand its services through strategic partnerships, acquisitions and investments in music technology platforms. Warner Music Group is majority‐owned by Access Industries, with Robert Kyncl serving as Chief Executive Officer. Under his leadership, the company has intensified its focus on digital innovation, artist empowerment and data‐driven marketing initiatives.

Headquartered in New York City, Warner Music Group maintains operations in key markets across North America, Europe, Asia Pacific, Latin America and Africa. Its global presence is supported by regional offices, distribution facilities and partnerships with local industry stakeholders. By combining legacy label expertise with new‐generation artist platforms, Warner Music Group aims to shape the future of the music industry while delivering compelling content and services to fans and creators around the world.

Key Stats

• Today's Range: $29.20 to $29.79
• 50-Day Range: $25.91 to $30.60
• 52-Week Range: $25.56 to $36.64
• Volume: 1.28 million shs
• Average Volume: 1.78 million shs
• Market Capitalization: $15.32 billion
• P/E Ratio: 33.78
• Dividend Yield: 2.45%
• Price Target: $34.05
• Consensus Rating: Hold

Warner Music Group Stock Analysis - MarketRank™

Warner Music Group scored higher than 81% of companies evaluated by MarketBeat, and ranked 211th out of 861 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Warner Music Group has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 9 buy ratings, 7 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Warner Music Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 8.63%

Earnings Growth

Earnings for Warner Music Group are expected to grow by 8.63% in the coming year, from $1.39 to $1.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Music Group is 33.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.58.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warner Music Group is 33.78, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.99.

Price to Earnings Growth Ratio

Warner Music Group has a PEG Ratio of 1.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Warner Music Group has a P/B Ratio of 22.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.42% of the float of Warner Music Group has been sold short.

Short Interest Ratio / Days to Cover

Warner Music Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Warner Music Group has recently decreased by 5.34%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Warner Music Group pays a meaningful dividend of 2.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Warner Music Group has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Warner Music Group is 82.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Warner Music Group will have a dividend payout ratio of 47.68% next year. This indicates that Warner Music Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.42% of the float of Warner Music Group has been sold short.

Short Interest Ratio / Days to Cover

Warner Music Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Warner Music Group has recently decreased by 5.34%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.17

News Sentiment

Warner Music Group has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Warner Music Group this week, compared to 8 articles on an average week.

Search Interest

Only 1 people have searched for WMG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Warner Music Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

72.21% of the stock of Warner Music Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

96.88% of the stock of Warner Music Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WMG Stock Analysis - Frequently Asked Questions

How have WMG shares performed this year?

Warner Music Group's stock was trading at $31.00 at the start of the year. Since then, WMG stock has decreased by 5.2% and is now trading at $29.39.

How were Warner Music Group's earnings last quarter?

Warner Music Group Corp. (NASDAQ:WMG) announced its earnings results on Thursday, May, 8th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.21. The business's revenue was down .7% on a year-over-year basis.
Read the conference call transcript.

When did Warner Music Group IPO?

Warner Music Group (WMG) raised $1.7 billion in an initial public offering (IPO) on Wednesday, June 3rd 2020. The company issued 70,000,000 shares at a price of $23.00-$26.00 per share. Morgan Stanley, Credit Suisse, Goldman Sachs, BofA Securities, Citigroup and J.P. Morgan acted as the underwriters for the IPO and Barclays, Evercore ISI, Guggenheim Securities, Macquarie Capital, Nomura, RBC Capital Markets, SunTrust Robinson Humphrey, CIBC Capital Markets, HSBC, SOCIETE GENERALE, LionTree, The Raine Group, AmeriVet Securities, Bancroft Capital, Blaylock Van, C.L. King & Associates, Loop Capital Markets, Roberts & Ryan, Ramirez & Co.,, Siebert Williams Shank, Telsey Advisory Group and Tigress Financial Partners were co-managers.

How do I buy shares of Warner Music Group?

Shares of WMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Warner Music Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Warner Music Group investors own include American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Humana (HUM).

Company Calendar

• Last Earnings: 5/08/2025
• Record date for 6/3 Dividend: 5/27/2025
• Ex-Dividend for 6/3 Dividend: 5/27/2025
• Dividend Payable: 6/03/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: MOVIE/TV PRD&DIST
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:WMG
• CIK: 1319161
• Web: www.wmg.com
• Phone: 212-275-2000
• Fax: 212-757-3985
• Employees: 5,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.05
• High Stock Price Target: $44.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: +15.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.47
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.87
• Trailing P/E Ratio: 33.78
• Forward P/E Ratio: 21.14
• P/E Growth: 1.2
• Net Income: $435 million
• Net Margins: 7.14%
• Pretax Margin: 9.74%
• Return on Equity: 64.64%
• Return on Assets: 4.93%

Debt

• Debt-to-Equity Ratio: 5.43
• Current Ratio: 0.66
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $6.43 billion
• Price / Sales: 2.38
• Cash Flow: $1.48 per share
• Price / Cash Flow: 19.81
• Book Value: $1.30 per share
• Price / Book: 22.61

Miscellaneous

• Outstanding Shares: 521,270,000
• Free Float: 144,860,000
• Market Cap: $15.32 billion
• Optionable: Optionable
• Beta: 1.24