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

Company Overview

Warner Music Group Corp. is a global music entertainment company that operates through two principal businesses: recorded music and music publishing. Its recorded-music operations discover, develop, market and distribute music from a broad roster of artists through labels including Warner Records, Atlantic Records, Elektra Music Group and Parlophone.

The company’s music publishing business, Warner Chappell Music, manages and administers copyrights for songwriters and composers. Warner Music Group also provides artist and label services, digital distribution, licensing, marketing, physical and digital sales, and other services that support the commercial use of recorded music and musical compositions.

Warner Music Group serves artists, songwriters, labels, streaming platforms, broadcasters, brands and other music-industry partners in markets around the world. The company traces its history to Warner Communications’ music operations and became an independent company after being spun off from Time Warner in 2004. Access Industries acquired Warner Music Group in 2011, and the company returned to the public markets in 2020.

Robert Kyncl has served as Warner Music Group’s chief executive officer since 2023. The company’s global operations encompass recorded-music labels, music-publishing offices and artist and rights-management activities across North America, Europe, Latin America, Asia and other international markets.

Key Stats

• Today's Range: $27.81 to $28.38
• 50-Day Range: $24.79 to $29.55
• 52-Week Range: $23.34 to $35.42
• Volume: 1.45 million shs
• Average Volume: 2.29 million shs
• Market Capitalization: $14.71 billion
• P/E Ratio: 22.33
• Dividend Yield: 2.84%
• Price Target: $38.25
• Consensus Rating: Moderate Buy

Warner Music Group Stock Analysis - MarketRank™

Warner Music Group scored higher than 94% of companies evaluated by MarketBeat, and ranked 12th out of 244 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Warner Music Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 12 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Warner Music Group has a consensus price target of $38.25, representing about 35.8% upside from its current price of $28.17.

Amount of Analyst Coverage

Warner Music Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 25.34%

Earnings Growth

Earnings for Warner Music Group are expected to grow by 25.34% in the coming year, from $1.46 to $1.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Music Group is 22.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.08.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warner Music Group is 22.36, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 23.83.

Price to Earnings Growth Ratio

Warner Music Group has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Warner Music Group has a P/B Ratio of 19.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.86% 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 4.04.

Change versus previous month

Short interest in Warner Music Group has recently increased by 1.33%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Warner Music Group pays a meaningful dividend of 2.85%, 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 63.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Warner Music Group will have a dividend payout ratio of 43.72% next year. This indicates that Warner Music Group will be able to sustain or increase its dividend.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.07

News Sentiment

Warner Music Group has a news sentiment score of 0.07. 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 0.62 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Warner Music Group this week, compared to 5 articles on an average week.

Search Interest

Only 4 people have searched for WMG on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 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

0.07% of the stock of Warner Music Group is held by insiders.

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.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 9/1 Dividend: 8/20/2026
• Ex-Dividend for 9/1 Dividend: 8/20/2026
• Dividend Payable: 9/01/2026
• Today: 9/10/2026
• Fiscal Year End: 9/30/2026
• Next Earnings (Estimated): 11/19/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Entertainment
• Sub-Industry: Movies & Entertainment
• Current Symbol: NASDAQ:WMG
• CIK: 1319161
• Web: www.wmg.com
• Phone: 212-275-2000
• Fax: 212-757-3985
• Employees: 5,500
• Year Founded: 1958

Price Target and Rating

• Average Price Target for Warner Music Group: $38.25
• High Price Target: $43.00
• Low Price Target: $33.00
• Potential Upside/Downside: +36.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.26
• Trailing P/E Ratio: 22.29
• Forward P/E Ratio: 19.24
• P/E Growth: 0.47
• Net Income: $365 million
• Net Margins: 9.20%
• Pretax Margin: 11.95%
• Return on Equity: 85.50%
• Return on Assets: 7.00%

Debt

• Debt-to-Equity Ratio: 4.94
• Current Ratio: 0.73
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $6.71 billion
• Price / Sales: 2.19
• Cash Flow: $1.42 per share
• Price / Cash Flow: 19.76
• Book Value: $1.45 per share
• Price / Book: 19.37

Miscellaneous

• Outstanding Shares: 523,110,000
• Free Float: 522,744,000
• Market Cap: $14.70 billion
• Optionable: Optionable
• Beta: 1.31