S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
pixel
pixel
Log in
NASDAQ:WMG

Warner Music Group Stock Forecast, Price & News

$35.05
-0.45 (-1.27 %)
(As of 03/5/2021 12:00 AM ET)
Add
Compare
Today's Range
$33.98
Now: $35.05
$35.83
50-Day Range
$34.97
MA: $36.78
$39.00
52-Week Range
$25.61
Now: $35.05
$39.61
Volume958,196 shs
Average Volume849,177 shs
Market Capitalization$17.88 billion
P/E RatioN/A
Dividend Yield1.34%
BetaN/A
Warner Music Group Corp. 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, as well as previously unreleased materials. It 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, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', 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 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 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, 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. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.
Warner Music Group logo

Headlines

Why Warner Music Group Stock Jumped Today
February 2, 2021 |  finance.yahoo.com
Warner Music Group's Debt Overview
February 2, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Amusement & recreation services
Sub-IndustryN/A
Current SymbolNASDAQ:WMG
CUSIPN/A
CIKN/A
Phone212-275-2000
Employees5,500
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Market Cap$17.88 billion
Next Earnings Date5/3/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

0.74 out of 5 stars

Consumer Discretionary Sector

353rd out of 571 stocks

Amusement & Recreation Services Industry

11th out of 27 stocks

Analyst Opinion: 1.3Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$35.05
-0.45 (-1.27 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive WMG News and Ratings via Email

Sign-up to receive the latest news and ratings for WMG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Warner Music Group (NASDAQ:WMG) Frequently Asked Questions

Is Warner Music Group a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Warner Music Group in the last twelve months. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Warner Music Group stock.
View analyst ratings for Warner Music Group
or view top-rated stocks.

What stocks does MarketBeat like better than Warner Music Group?

Wall Street analysts have given Warner Music Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Warner Music Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Warner Music Group?

Warner Music Group saw a decrease in short interest during the month of February. As of February 12th, there was short interest totaling 3,280,000 shares, a decrease of 32.5% from the January 28th total of 4,860,000 shares. Based on an average daily trading volume, of 996,200 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.6% of the company's shares are short sold.
View Warner Music Group's Short Interest
.

When is Warner Music Group's next earnings date?

Warner Music Group is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Warner Music Group
.

How were Warner Music Group's earnings last quarter?

Warner Music Group Corp. (NASDAQ:WMG) released its quarterly earnings results on Monday, February, 1st. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.27 billion.
View Warner Music Group's earnings history
.

How often does Warner Music Group pay dividends? What is the dividend yield for Warner Music Group?

Warner Music Group announced a quarterly dividend on Friday, February 12th. Shareholders of record on Monday, February 22nd will be given a dividend of $0.12 per share on Monday, March 1st. This represents a $0.48 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Friday, February 19th.
View Warner Music Group's dividend history
.

Is Warner Music Group a good dividend stock?

Warner Music Group pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.34%.
View Warner Music Group's dividend history.

What price target have analysts set for WMG?

16 equities research analysts have issued 1 year price targets for Warner Music Group's stock. Their forecasts range from $23.00 to $42.00. On average, they expect Warner Music Group's stock price to reach $35.40 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
View analysts' price targets for Warner Music Group
or view top-rated stocks among Wall Street analysts.

Who are Warner Music Group's key executives?

Warner Music Group's management team includes the following people:
  • Mr. Stephen Forbes Cooper, CEO & Director (Age 75, Pay $15.97M)
  • Mr. Eric Joshua Levin, Exec. VP & CFO (Age 58, Pay $9.75M)
  • Mr. Paul Martin Robinson Esq., J.D., Exec. VP, Gen. Counsel & Sec. (Age 63, Pay $5.25M)
  • Mr. Max Lousada, Chief Exec. Officer of Warner Recorded Music (Age 48, Pay $8.71M)
  • Mr. Guy Moot, Co-Chair & CEO of Warner Chappell Music (Age 55, Pay $4.01M)
  • Ms. Lori Scherwin, VP, Investor Relations
  • Trent N. Tappe Esq., Sr. VP, Deputy Gen. Counsel & Chief Compliance Officer
  • Mr. James Steven, Exec. VP & Chief Communications Officer (Age 44)
  • Mr. Michael Drexler, VP of Digital Strategy & Corp. Devel.
  • Ms. Maria Osherova, Exec. VP & Chief People Officer (Age 56)

Who are some of Warner Music Group's key competitors?

When did Warner Music Group IPO?

(WMG) raised $1.7 billion in an IPO on Wednesday, June 3rd 2020. The company issued 70,000,000 shares at $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.

What is Warner Music Group's stock symbol?

Warner Music Group trades on the NASDAQ under the ticker symbol "WMG."

Who are Warner Music Group's major shareholders?

Warner Music Group's stock is owned by many different retail and institutional investors. Top institutional investors include Sands Capital Management LLC (3.05%), Sands Capital Management LLC (3.05%), BlackRock Inc. (1.03%), Sculptor Capital LP (0.86%), Janus Henderson Group PLC (0.46%) and JPMorgan Chase & Co. (0.23%). Company insiders that own Warner Music Group stock include Ai Entertainment Holdings Llc and Stephen Forbes Cooper.
View institutional ownership trends for Warner Music Group
.

Which major investors are selling Warner Music Group stock?

WMG stock was sold by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Alyeska Investment Group L.P., Caas Capital Management LP, Hudson Bay Capital Management LP, Price T Rowe Associates Inc. MD, The Manufacturers Life Insurance Company , Bank Julius Baer & Co. Ltd Zurich, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Warner Music Group company stock in the last year include Ai Entertainment Holdings Llc, and Stephen Forbes Cooper.
View insider buying and selling activity for Warner Music Group
or view top insider-selling stocks.

Which major investors are buying Warner Music Group stock?

WMG stock was acquired by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Sands Capital Management LLC, BlackRock Inc., Stephens Investment Management Group LLC, Janus Henderson Group PLC, Sculptor Capital LP, Joel Isaacson & Co. LLC, and Tarsadia Capital LLC.
View insider buying and selling activity for Warner Music Group
or or view top insider-buying stocks.

How do I buy shares of Warner Music Group?

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

What is Warner Music Group's stock price today?

One share of WMG stock can currently be purchased for approximately $35.05.

How much money does Warner Music Group make?

Warner Music Group has a market capitalization of $17.88 billion.

How many employees does Warner Music Group have?

Warner Music Group employs 5,500 workers across the globe.

What is Warner Music Group's official website?

The official website for Warner Music Group is www.wmg.com.

Where are Warner Music Group's headquarters?

Warner Music Group is headquartered at 1633 BROADWAY, NEW YORK NY, 10019.

How can I contact Warner Music Group?

Warner Music Group's mailing address is 1633 BROADWAY, NEW YORK NY, 10019. The company can be reached via phone at 212-275-2000 or via email at [email protected]


This page was last updated on 3/7/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.