NYSE:WWE - World Wrestling Entertainment Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
Get Started
$87.46 -1.41 (-1.59 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$87.46
Today's Range$86.20 - $89.23
52-Week Range$34.69 - $97.69
Volume864,119 shs
Average Volume901,124 shs
Market Capitalization$6.82 billion
P/E Ratio78.09
Dividend Yield0.54%
Beta1.29
World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, and WWE Studios segments. It operates WWE Network, a live streaming network that offers pay-per-view events, original programming, and video-on-demand library; and produces television programming, reality shows, and other programming, as well as produces content via home entertainment platforms, including DVD, Blu-Ray, subscription, and transactional on-demand outlets. The company also offers broadband and mobile content through its Websites and third party Websites; produces live events; and licenses various WWE themed products, such as video games, toys, apparel, books, and music. In addition, it designs, sources, markets, and distributes various WWE-branded products, such as T-shirts, belts, caps, and other novelty items; operates WWEShop, an e-commerce storefront; and WWE Studios that produces and distributes filmed entertainment content, such as movies for theatrical, home entertainment, and/or television release. World Wrestling Entertainment, Inc. was founded in 1980 and is headquartered in Stamford, Connecticut.

Receive WWE News and Ratings via Email

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

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motion picture & video production
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
Current SymbolNYSE:WWE
Previous Symbol
CUSIP98156Q10
Webwww.wwe.com
Phone203-352-8600

Debt

Debt-to-Equity Ratio0.08
Current Ratio1.33
Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio78.09
Forward P/E Ratio70.53
P/E GrowthN/A

Sales & Book Value

Annual Sales$930.20 million
Price / Sales7.34
Cash Flow$2.2260 per share
Price / Cash Flow39.29
Book Value$4.05 per share
Price / Book21.60

Profitability

EPS (Most Recent Fiscal Year)$1.12
Net Income$99.58 million
Net Margins10.71%
Return on Equity34.02%
Return on Assets14.93%

Miscellaneous

Employees850
Outstanding Shares78,020,000
Market Cap$6.82 billion
OptionableOptionable

World Wrestling Entertainment (NYSE:WWE) Frequently Asked Questions

What is World Wrestling Entertainment's stock symbol?

World Wrestling Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "WWE."

How often does World Wrestling Entertainment pay dividends? What is the dividend yield for World Wrestling Entertainment?

World Wrestling Entertainment declared a quarterly dividend on Friday, February 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.12 per share on Monday, March 25th. This represents a $0.48 annualized dividend and a yield of 0.55%. The ex-dividend date is Thursday, March 14th. View World Wrestling Entertainment's Dividend History.

How were World Wrestling Entertainment's earnings last quarter?

World Wrestling Entertainment, Inc. (NYSE:WWE) issued its earnings results on Thursday, February, 7th. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.14. The company earned $272.50 million during the quarter, compared to the consensus estimate of $255.01 million. World Wrestling Entertainment had a net margin of 10.71% and a return on equity of 34.02%. The business's quarterly revenue was up 28.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 EPS. View World Wrestling Entertainment's Earnings History.

When is World Wrestling Entertainment's next earnings date?

World Wrestling Entertainment is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for World Wrestling Entertainment.

What guidance has World Wrestling Entertainment issued on next quarter's earnings?

World Wrestling Entertainment updated its FY 2019 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1-1 billion, compared to the consensus revenue estimate of $1.02 billion.

What price target have analysts set for WWE?

14 brokerages have issued 1-year target prices for World Wrestling Entertainment's stock. Their predictions range from $80.00 to $105.00. On average, they anticipate World Wrestling Entertainment's stock price to reach $94.8182 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for World Wrestling Entertainment.

What is the consensus analysts' recommendation for World Wrestling Entertainment?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for World Wrestling Entertainment.

What are Wall Street analysts saying about World Wrestling Entertainment stock?

Here are some recent quotes from research analysts about World Wrestling Entertainment stock:
  • 1. According to Zacks Investment Research, "WWE’s focus on increasing original content, subscriber growth, rise in TV rights fees and monetization of video content across digital and direct-to-consumer platforms bode well. These led the stock to outpace the industry in a year. Although revenue fell short of the consensus mark in third-quarter 2018, earnings surpassed the same after missing in the preceding quarter. Notably, both the top and bottom lines improved year over year. Management envisions significant revenue growth in the final quarter with adjusted OIBDA in the band of $45-$55 million. However, we believe that fall in ticket sales during live events, lower number of live events, rising costs at WWE Network and stiff competition from other entertainment platforms may hurt profitability. Also, the company's media segment remains vulnerable to rising capital expenditures, content cost and operating expense." (1/21/2019)
  • 2. Citigroup Inc analysts commented, "Tilly’s (TLYS) reports 2Q results AMC 8/29. We believe that the company got e-comm/omni- channel back on track for BTS. Our checks suggest that positive brick & mortar traffic continued for the seventh consecutive Q. Relevant to industry laterals, Zumiez (ZUMZ) reported July comps +9.1%, which we believe was driven by traffic to a large extent and Urban Outfitters (URBN) recently reported positive traffic across regions. All of TLYS’ departments comped positively in May except for accessories (down lsd). With the restart of omni-channel systems, we believe overall digital performance improved over the -7.2% comp in 1Q, particularly given that monthly comps sequentially improved in 1Q and were up lsd in May. Omni-channel is gearing up with DTC fully turned on during 2Q for the beginning of BTS." (8/27/2018)

Has World Wrestling Entertainment been receiving favorable news coverage?

News articles about WWE stock have trended somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. World Wrestling Entertainment earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are some of World Wrestling Entertainment's key competitors?

Who are World Wrestling Entertainment's key executives?

World Wrestling Entertainment's management team includes the folowing people:
  • Mr. Vincent K. McMahon, Co-Founder, Chairman & CEO (Age 73)
  • Mr. George A. Barrios, Co-Pres & Director (Age 53)
  • Ms. Michelle D. Wilson, Co-Pres & Director (Age 53)
  • Mr. Kevin Dunn, Exec. VP of Television Production (Age 58)
  • Mr. Paul Levesque, Exec. VP of Talent, Live Events & Creative and Director (Age 49)

Who are World Wrestling Entertainment's major shareholders?

World Wrestling Entertainment's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.83%), Lord Abbett & CO. LLC (1.11%), Bank of New York Mellon Corp (0.91%), Northern Trust Corp (0.90%), Two Sigma Advisers LP (0.82%) and Geode Capital Management LLC (0.65%). Company insiders that own World Wrestling Entertainment stock include Basil V Jr Devito, Blake Timothy Bilstad, Casey Collins, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson and Vincent K Mcmahon. View Institutional Ownership Trends for World Wrestling Entertainment.

Which institutional investors are selling World Wrestling Entertainment stock?

WWE stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Millennium Management LLC, Zweig DiMenna Associates LLC, Pinnacle Associates Ltd., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Two Sigma Advisers LP and Bank of America Corp DE. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi and Vincent K Mcmahon. View Insider Buying and Selling for World Wrestling Entertainment.

Which institutional investors are buying World Wrestling Entertainment stock?

WWE stock was purchased by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Canada Pension Plan Investment Board, Hsbc Holdings PLC, QS Investors LLC, Royal London Asset Management Ltd., Geode Capital Management LLC, Squarepoint Ops LLC and BlackRock Inc.. View Insider Buying and Selling for World Wrestling Entertainment.

How do I buy shares of World Wrestling Entertainment?

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

What is World Wrestling Entertainment's stock price today?

One share of WWE stock can currently be purchased for approximately $87.46.

How big of a company is World Wrestling Entertainment?

World Wrestling Entertainment has a market capitalization of $6.82 billion and generates $930.20 million in revenue each year. The company earns $99.58 million in net income (profit) each year or $1.12 on an earnings per share basis. World Wrestling Entertainment employs 850 workers across the globe.

What is World Wrestling Entertainment's official website?

The official website for World Wrestling Entertainment is http://www.wwe.com.

How can I contact World Wrestling Entertainment?

World Wrestling Entertainment's mailing address is 1241 E MAIN ST, STAMFORD CT, 06902. The company can be reached via phone at 203-352-8600 or via email at [email protected]


MarketBeat Community Rating for World Wrestling Entertainment (NYSE WWE)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  360 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  661
MarketBeat's community ratings are surveys of what our community members think about World Wrestling Entertainment and other stocks. Vote "Outperform" if you believe WWE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WWE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

Featured Article: How do buyers and sellers choose a strike price?
Receive Analysts' Upgrades and Downgrades Daily

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.

Yahoo Gemini Pixel