About Time Warner (NYSE:TWX)
Time Warner Inc. is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution. It also holds interests in companies that operate broadcast networks. The Company holds interest in Central European Media Enterprises Ltd. (CME), which is a broadcasting company that operates television networks in Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia and The CW broadcast network (The CW), which includes a lineup of advertising-supported original programming, such as The 100, Arrow, Crazy Ex-Girlfriend, DC's Legends of Tomorrow, The Flash, Frequency, iZombie, Jane the Virgin and No Tomorrow.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Movie, TV Production & Distribution
- Sub-Industry: Movies & Entertainment
- Symbol: NYSE:TWX
- CUSIP: 88731730
- Web: www.timewarner.com
- Market Cap: $79.20348 billion
- Outstanding Shares: 777,801,000
- 50 Day Moving Avg: $102.09
- 200 Day Moving Avg: $100.49
- 52 Week Range: $85.22 - $103.90
Sales & Book Value:
- Trailing P/E Ratio: 18.89
- Foreward P/E Ratio: 15.55
- P/E Growth: 1.76
- Annual Revenue: $30.12 billion
- Price / Sales: 2.63
- Book Value: $33.44 per share
- Price / Book: 3.05
- Annual Dividend: $1.61
- Dividend Yield: 1.6%
- EBITDA: $8.69 billion
- Net Margins: 14.10%
- Return on Equity: 19.14%
- Return on Assets: 7.27%
- Debt-to-Equity Ratio: 0.84%
- Current Ratio: 1.52%
- Quick Ratio: 1.29%
- Average Volume: 3.86 million shs.
- Beta: 1.02
- Short Ratio: 2.35
Frequently Asked Questions for Time Warner (NYSE:TWX)
What is Time Warner's stock symbol?
Time Warner trades on the New York Stock Exchange (NYSE) under the ticker symbol "TWX."
How often does Time Warner pay dividends? What is the dividend yield for Time Warner?
Time Warner announced a quarterly dividend on Friday, September 29th. Shareholders of record on Tuesday, October 10th will be paid a dividend of $0.4025 per share on Wednesday, November 1st. This represents a $1.61 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, October 6th. View Time Warner's Dividend History.
How were Time Warner's earnings last quarter?
Time Warner Inc. (NYSE:TWX) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.14. The firm had revenue of $7.33 billion for the quarter, compared to the consensus estimate of $7.29 billion. Time Warner had a net margin of 14.10% and a return on equity of 19.14%. The company's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.29 EPS. View Time Warner's Earnings History.
When will Time Warner make its next earnings announcement?
Where is Time Warner's stock going? Where will Time Warner's stock price be in 2017?
32 brokers have issued 12 month price targets for Time Warner's shares. Their predictions range from $75.00 to $108.00. On average, they anticipate Time Warner's stock price to reach $102.30 in the next year. View Analyst Ratings for Time Warner.
What are analysts saying about Time Warner stock?
Here are some recent quotes from research analysts about Time Warner stock:
- 1. According to Zacks Investment Research, "Shares of Time Warner have declined 0.8% in a month in line with that of the industry. Estimates have been also showing a downtrend ahead of the company’s third-quarter 2017 results, which clearly indicates that analysts are not optimistic about the company’s performance. Moreover, we note that third quarter earnings are likely to decline year over year. Time Warner, which accepted the buyout offer of AT&T, had earlier indicated that it expects Turner division's total advertising revenue to decline in the low single-digits in the quarter. Nevertheless, initiatives such as foraying into new markets and digital endeavors, and investments in video content and technology bode well. Additionally, we believe that investments in programming, production and marketing, along with focus on operating and capital efficiencies bode well. However, decline in overall advertising spending and currency headwinds may impact the performance." (10/17/2017)
- 2. FBR & Co analysts commented, "We make very modest updates to our TWX model, ahead of the company’s 1Q17 earnings report." (4/7/2017)
- 3. Rosenblatt Securities analysts commented, "We are initiating coverage of Time Warner with a Neutral rating and a $105 price target, a small discount to the AT&T (T: Not Rated) offer. TWX is a deal stock and will trade on the deal’s prospects rather than on fundamental values. Being a vertical merger with little overlap we expect the deal will pass regulato- ry scrutiny, but based on experience would not be surprised if it stretches be- yond the calendar year-end target. On a fundamental basis, we believe TWX should trade in the mid-90’s, about a 10% discount to the market based on cur- rent year earnings which should provide some downside support under the un- like scenario that the deal falls apart." (4/4/2017)
- 4. Wedbush analysts commented, "... recent developments and checks at the FCC increase our confidence in deal closing, and we raise our PT to $107.50. We understand that arbs have replaced some of the core media investor base, as views on the path to a deal continue to become more important. The appointment of Ajit Pai as Chairman of the FCC decreases the likelihood of deal failure at the hands of the FCC, which deal skeptics have flagged as one of the bigger regulatory risks." (2/3/2017)
Who are some of Time Warner's key competitors?
Some companies that are related to Time Warner include Walt Disney Company (The) (DIS), Naspers (NPSNY), Charter Communications (CHTR), Nike (NKE), Netflix (NFLX), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Las Vegas Sands Corp. (LVS), Carnival Corporation (CUK), Carnival Corporation (CCL), Sony Corp Ord (SNE), Activision Blizzard (ATVI), Nintendo (NTDOY), Nintendo Co., Ltd (NTDOY), Adidas AG (ADDYY), Marriott International (MAR), Sands China (SCHYY) and Electronic Arts (EA).
Who are Time Warner's key executives?
Time Warner's management team includes the folowing people:
- Jeffery L. Bewkes, Chairman of the Board, Chief Executive Officer
- Howard M. Averill, Chief Financial Officer, Executive Vice President
- Karen Magee, Chief Human Resource Officer, Executive Vice President
- Paul T. Cappuccio, Executive Vice President, General Counsel
- Gary L. Ginsberg, Executive Vice President - Corporate Marketing & Communications
- Carol A. Melton, Executive Vice President - Global Public Policy
- Olaf J. Olafsson, Executive Vice President - International and Corporate Strategy
- Robert Charles Clark, Lead Independent Director
- William P. Barr, Independent Director
- Mathias Doepfner, Independent Director
Who owns Time Warner stock?
Time Warner's stock is owned by many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.31%), Focused Investors LLC (0.10%), State Treasurer State of Michigan (0.05%), Shell Asset Management Co. (0.02%), Longfellow Investment Management Co. LLC (0.02%) and Ingalls & Snyder LLC (0.01%). Company insiders that own Time Warner stock include Carlos M Gutierrez, Gary L Ginsberg, Howard M Averill, Jeffrey L Bewkes, Jessica P Einhorn, Karen Magee, Kenneth J Novack, Paul T Cappuccio and Stephen F Bollenbach. View Institutional Ownership Trends for Time Warner.
Who sold Time Warner stock? Who is selling Time Warner stock?
Time Warner's stock was sold by a variety of institutional investors in the last quarter, including Sabal Trust CO, Inverness Counsel LLC NY, State Treasurer State of Michigan, Sit Investment Associates Inc., Meeder Asset Management Inc., Sumitomo Life Insurance Co., Focused Investors LLC and Quantitative Systematic Strategies LLC. View Insider Buying and Selling for Time Warner.
Who bought Time Warner stock? Who is buying Time Warner stock?
Time Warner's stock was bought by a variety of institutional investors in the last quarter, including Longfellow Investment Management Co. LLC, Shell Asset Management Co., APG Asset Management N.V., Pensionfund DSM Netherlands, Pensionfund Sabic, M. Kraus & Co, Assenagon Asset Management S.A. and Rockefeller Financial Services Inc.. Company insiders that have bought Time Warner stock in the last two years include Carlos M Gutierrez and Howard M Averill. View Insider Buying and Selling for Time Warner.
How do I buy Time Warner stock?
Shares of Time Warner can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Time Warner's stock price today?
MarketBeat Community Rating for Time Warner (NYSE TWX)MarketBeat's community ratings are surveys of what our community members think about Time Warner and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Time Warner stock can currently be purchased for approximately $101.83.
Consensus Ratings for Time Warner (NYSE:TWX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||27 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.16)|
|Consensus Price Target: ||$102.30 (0.46% upside)|Consensus Price Target History for Time Warner (NYSE:TWX)
Analysts' Ratings History for Time Warner (NYSE:TWX)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$108.00||N/A|
|10/16/2017||FBR & Co||Downgrade||Buy -> Neutral||$105.00 -> $107.50||N/A|
|10/12/2017||Cowen and Company||Reiterated Rating||Hold||$107.50||N/A|
|10/11/2017||Jefferies Group LLC||Reiterated Rating||Hold||$105.00||N/A|
|9/26/2017||Needham & Company LLC||Reiterated Rating||Hold||Low|
|9/18/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||$107.50||Low|
|9/13/2017||BMO Capital Markets||Reiterated Rating||Hold||$108.00||Low|
|9/12/2017||Sanford C. Bernstein||Reiterated Rating||Market Perform||Low|
|8/7/2017||Evercore ISI||Downgrade||Outperform -> In-Line||$108.00||Low|
|8/4/2017||Barclays PLC||Downgrade||Overweight -> Equal Weight||$95.00 -> $107.00||Low|
|7/6/2017||Morgan Stanley||Reiterated Rating||Overweight||Low|
|5/3/2017||Rosenblatt Securities||Reiterated Rating||Neutral||$105.00||Medium|
|5/1/2017||MKM Partners||Reiterated Rating||Neutral||$90.00 -> $107.50||Low|
|4/20/2017||Pivotal Research||Downgrade||Buy -> Hold||$100.00 -> $107.50||Low|
|3/2/2017||Loop Capital||Downgrade||Buy -> Hold||$107.50||N/A|
|2/9/2017||Drexel Hamilton||Downgrade||Buy -> Hold||N/A|
|2/3/2017||Wedbush||Boost Price Target||Outperform||$105.00 -> $107.50||N/A|
|2/1/2017||Moffett Nathanson||Downgrade||Buy -> Neutral||N/A|
|1/11/2017||Albert Fried & Company||Reiterated Rating||Hold||N/A|
|1/3/2017||Telsey Advisory Group||Downgrade||Outperform -> Market Perform||$91.00 -> $107.50||N/A|
|12/29/2016||Brean Capital||Downgrade||Buy -> Hold||N/A|
|11/4/2016||Deutsche Bank AG||Reiterated Rating||Buy||$108.00||N/A|
|10/25/2016||Nomura||Reiterated Rating||Neutral||$85.00 -> $107.50||N/A|
|10/24/2016||Barrington Research||Reiterated Rating||Outperform||$99.00||N/A|
|10/24/2016||Wells Fargo & Company||Reiterated Rating||Market Perform||$77.50 -> $84.50||N/A|
|10/24/2016||Stifel Nicolaus||Lower Price Target||Hold||$105.00 -> $81.00||N/A|
|10/24/2016||Atlantic Securities||Downgrade||Overweight -> Neutral||N/A|
|10/24/2016||Macquarie||Downgrade||Outperform -> Neutral||N/A|
|10/24/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Conviction-Buy -> Neutral||$93.00 -> $103.00||N/A|
|10/23/2016||Bank of America Corporation||Reiterated Rating||Neutral||$79.00 -> $84.00||N/A|
|5/22/2016||Pacific Crest||Reiterated Rating||Hold||N/A|
|4/19/2016||Citigroup Inc.||Boost Price Target||Buy||$83.00 -> $85.00||N/A|
|4/11/2016||J P Morgan Chase & Co||Boost Price Target||Overweight||$79.00 -> $84.00||N/A|
|2/11/2016||JBL Advisors||Lower Price Target||Outperform||$98.00 -> $88.00||N/A|
|2/10/2016||Topeka Capital Markets||Lower Price Target||Buy||$105.00 -> $103.00||N/A|
Earnings History for Time Warner (NYSE:TWX)Earnings History by Quarter for Time Warner (NYSE TWX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$1.19||$1.33||$7.29 billion||$7.33 billion||View||N/A|
|5/3/2017||Q1 2017||$1.44||$1.66||$7.66 billion||$7.74 billion||View||Listen|
|2/8/2017||Q416||$1.19||$1.25||$7.71 billion||$7.90 billion||View||Listen|
|11/2/2016||Q316||$1.37||$1.83||$6.92 billion||$7.20 billion||View||Listen|
|8/3/2016||Q216||$1.16||$1.29||$7.12 billion||$7.00 billion||View||Listen|
|5/4/2016||Q116||$1.30||$1.49||$7.33 billion||$7.30 billion||View||N/A|
|2/10/2016||Q415||$1.01||$1.06||$7.53 billion||$7.08 billion||View||Listen|
|11/4/2015||Q315||$1.09||$1.25||$6.52 billion||$6.60 million||View||Listen|
|8/5/2015||Q215||$1.03||$1.25||$6.90 billion||$7.30 billion||View||Listen|
|4/29/2015||Q115||$1.09||$1.19||$6.98 billion||$7.13 billion||View||Listen|
|2/11/2015||Q414||$1.01||$1.14||$7.65 billion||$7.53 billion||View||Listen|
|11/5/2014||Q314||$0.94||$1.22||$6.19 billion||$6.24 billion||View||Listen|
|8/6/2014||Q214||$0.84||$0.98||$6.87 billion||$6.80 billion||View||Listen|
|4/30/2014||Q114||$0.88||$0.97||$6.61 billion||$7.55 billion||View||Listen|
|2/5/2014||Q413||$1.15||$1.17||$8.36 billion||$8.60 billion||View||Listen|
|11/6/2013||Q313||$0.89||$1.01||$6.93 billion||$6.90 billion||View||Listen|
|8/7/2013||Q2 2013||$0.76||$0.83||$7.10 billion||$7.44 billion||View||Listen|
|5/1/2013||Q1 2013||$0.74||$0.82||$7.12 billion||$6.90 billion||View||Listen|
|2/6/2013||Q4 2012||$1.10||$1.17||$8.25 billion||$8.16 billion||View||Listen|
|11/7/2012||Q312||$0.82||$0.86||$6.90 billion||$6.84 billion||View||N/A|
Earnings Estimates for Time Warner (NYSE:TWX)
2017 EPS Consensus Estimate: $5.86
2018 EPS Consensus Estimate: $6.49
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Time Warner (NYSE:TWX)
|Dividend Growth:||11.90% (3 Year Average)|
|Payout Ratio:||29.98% (Trailing 12 Months of Earnings) |
26.22% (Based on This Year's Estimates)
24.58% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Time Warner (NYSE TWX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Time Warner (NYSE:TWX)
Insider Ownership Percentage: 0.16%Insider Trades by Quarter for Time Warner (NYSE:TWX)
Institutional Ownership Percentage: 79.16%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/15/2017||Howard M Averill||CFO||Buy||255||$99.67||$25,415.85|| |
|2/21/2017||Jeffrey L Bewkes||Chairman||Sell||172,932||$96.39||$16,668,915.48|| |
|9/7/2016||Paul T Cappuccio||EVP||Sell||56,595||$78.24||$4,427,992.80|| |
|8/25/2016||Karen Magee||Insider||Sell||14,240||$79.97||$1,138,772.80|| |
|6/9/2016||Kenneth J Novack||Director||Sell||8,400||$74.61||$626,724.00|| |
|6/8/2016||Kenneth J Novack||Director||Sell||15,706||$75.48||$1,185,488.88|| |
|6/3/2016||Gary L Ginsberg||EVP||Sell||3,000||$75.79||$227,370.00|| |
|5/9/2016||Jeffrey L Bewkes||CEO||Sell||272,710||$74.26||$20,251,444.60|| |
|5/9/2016||Stephen F Bollenbach||Director||Sell||8,038||$74.23||$596,660.74|| |
|2/18/2016||Jeffrey L. Bewkes||CEO||Sell||241,939||$64.43||$15,588,129.77|| |
|2/17/2016||Paul T. Cappuccio||EVP||Sell||31,027||$64.51||$2,001,551.77|| |
|2/16/2016||Paul T. Cappuccio||EVP||Sell||85,620||$62.88||$5,383,785.60|| |
|2/12/2016||Carlos M Gutierrez||Director||Buy||4,825||$62.19||$300,066.75|| |
|10/28/2015||Jessica P. Einhorn||Director||Sell||21,250||$75.00||$1,593,750.00|| |
|3/18/2015||Carol A Melton||EVP||Sell||12,088||$85.75||$1,036,546.00|| |
|2/19/2015||Olaf Olafsson||EVP||Sell||79,677||$83.79||$6,676,135.83|| |
|12/1/2014||Jeffrey L Bewkes||CEO||Sell||189,705||$83.57||$15,853,646.85|| |
|11/19/2014||Pascal Desroches||SVP||Sell||25,828||$81.06||$2,093,617.68|| |
|11/13/2014||Gary L Ginsberg||EVP||Sell||9,000||$79.22||$712,980.00|| |
|11/12/2014||Paul Wachter||Director||Buy||5,000||$77.88||$389,400.00|| |
|11/7/2014||William P Barr||Director||Buy||7,645||$77.20||$590,194.00|| |
|3/17/2014||Stephen Bollenbach||Director||Sell||7,706||$66.80||$514,760.80|| |
|3/6/2014||Paul Cappuccio||EVP||Sell||74,622||$68.63||$5,121,307.86|| |
|2/28/2014||Gary Ginsberg||EVP||Sell||2,992||$66.82||$199,925.44|| |
|2/18/2014||Paul Cappuccio||EVP||Sell||4,564||$65.26||$297,846.64|| |
|2/14/2014||Paul Cappuccio||EVP||Sell||23,379||$65.45||$1,530,155.55|| |
|2/10/2014||Jeffrey Bewkes||CEO||Sell||165,066||$63.68||$10,511,402.88|| |
|8/22/2013||Pascal Desroches||SVP||Sell||21,818||$62.14||$1,355,770.52|| |
|8/13/2013||William Barr||Director||Buy||4,800||$63.29||$303,792.00|| |
|8/12/2013||Deborah Wright||Director||Sell||11,559||$63.63||$735,499.17|| |
|8/9/2013||Paul Wachter||Director||Buy||3,000||$64.33||$192,990.00|| |
|6/20/2013||Jessica P Einhorn||Director||Sell||3,853||$57.39||$221,123.67|| |
|6/14/2013||Pascal Desroches||SVP||Sell||12,143||$57.62||$699,679.66|| |
|6/13/2013||Jessica P Einhorn||Director||Sell||3,853||$56.21||$216,577.13|| |
|6/6/2013||Jessica P Einhorn||Director||Sell||5,472||$56.79||$310,754.88|| |
|5/30/2013||Jessica P Einhorn||Director||Sell||3,853||$59.35||$228,675.55|| |
|5/29/2013||Jeffrey L Bewkes||CEO||Sell||205,681||$59.27||$12,190,712.87|| |
|5/8/2013||Olaf Olafsson||EVP||Sell||244,803||$60.98||$14,928,086.94|| |
|5/8/2013||Robert C Clark||Director||Sell||14,966||$61.11||$914,572.26|| |
|2/14/2013||Jeffrey L Bewkes||CEO||Sell||92,305||$53.30||$4,919,856.50|| |
|8/9/2012||Pascal Desroches||SVP||Sell||45,464||$42.45||$1,929,946.80|| |
Headline Trends for Time Warner (NYSE:TWX)
Latest Headlines for Time Warner (NYSE:TWX)
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Time Warner (TWX) Chart for Sunday, October, 22, 2017