NYSE:WWE World Wrestling Entertainment Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding World Wrestling Entertainment, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.16 -0.57 (-1.40 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$40.06Now: $40.16▼$41.0750-Day Range$40.73MA: $43.93▼$46.6152-Week Range$29.10Now: $40.16▼$74.08Volume719,849 shsAverage Volume1.33 million shsMarket Capitalization$3.12 billionP/E Ratio24.05Dividend Yield1.18%Beta1.44 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. It operates in three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form media content across various platforms, including WWE Network, pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets, including primary and secondary distribution; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, apparels, and books through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. The company was founded in 1980 and is headquartered in Stamford, Connecticut.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingWorld Wrestling Entertainment has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 9 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.29, World Wrestling Entertainment has a forecasted upside of 37.7% from its current price of $40.16.Amount of Analyst CoverageWorld Wrestling Entertainment has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesWorld Wrestling Entertainment has received 469 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWorld Wrestling Entertainment has received 415 “underperform” votes. (Add your “underperform” vote.)Community SentimentWorld Wrestling Entertainment has received 53.05% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldWorld Wrestling Entertainment has a dividend yield of 1.18%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWorld Wrestling Entertainment has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of World Wrestling Entertainment is 56.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, World Wrestling Entertainment will have a dividend payout ratio of 25.81% next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, World Wrestling Entertainment insiders have not sold or bought any company stock.Percentage Held by Insiders40.20% of the stock of World Wrestling Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions67.50% of the stock of World Wrestling Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for World Wrestling Entertainment are expected to grow by 20.00% in the coming year, from $1.55 to $1.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of World Wrestling Entertainment is 24.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.68.Price to Earnings Ratio vs. SectorThe P/E ratio of World Wrestling Entertainment is 24.05, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 53.73.Price to Book Value per Share RatioWorld Wrestling Entertainment has a P/B Ratio of 11.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Motion picture & video production Sub-IndustryMovies & Entertainment SectorConsumer Discretionary Current SymbolNYSE:WWE Previous Symbol CUSIP98156Q10 CIK1091907 Webcorporate.wwe.com Phone203-352-8600Debt Debt-to-Equity Ratio1.14 Current Ratio1.29 Quick Ratio1.27Price-To-Earnings Trailing P/E Ratio24.05 Forward P/E Ratio25.91 P/E GrowthN/A Sales & Book Value Annual Sales$960.40 million Price / Sales3.25 Cash Flow$2.09 per share Price / Cash Flow19.24 Book Value$3.56 per share Price / Book11.28Profitability EPS (Most Recent Fiscal Year)$0.85 Net Income$77.06 million Net Margins14.18% Return on Equity48.59% Return on Assets13.53%Miscellaneous Employees915 Outstanding Shares77,787,000Market Cap$3.12 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $40.16 -0.57 (-1.40 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. World Wrestling Entertainment (NYSE:WWE) Frequently Asked Questions How has World Wrestling Entertainment's stock price been impacted by Coronavirus (COVID-19)? World Wrestling Entertainment's stock was trading at $38.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WWE stock has increased by 3.7% and is now trading at $40.16. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of World Wrestling Entertainment? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for World Wrestling Entertainment. When is World Wrestling Entertainment's next earnings date? World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for World Wrestling Entertainment. How were World Wrestling Entertainment's earnings last quarter? World Wrestling Entertainment, Inc. (NYSE:WWE) announced its quarterly earnings results on Thursday, July, 30th. The company reported $0.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.37. The business earned $223.40 million during the quarter, compared to analysts' expectations of $228.89 million. World Wrestling Entertainment had a return on equity of 48.59% and a net margin of 14.18%. View World Wrestling Entertainment's earnings history. 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 Thursday, July 16th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.12 per share on Friday, September 25th. This represents a $0.48 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Monday, September 14th. View World Wrestling Entertainment's dividend history. What price target have analysts set for WWE? 13 Wall Street analysts have issued 1-year price objectives for World Wrestling Entertainment's shares. Their forecasts range from $30.00 to $100.00. On average, they anticipate World Wrestling Entertainment's share price to reach $55.29 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price. View analysts' price targets for World Wrestling Entertainment. Who are some of World Wrestling Entertainment's key competitors? Some companies that are related to World Wrestling Entertainment include Walt Disney (DIS), Live Nation Entertainment (LYV), Viacom (VIAB), News (NWSA), Madison Square Garden (MSG), Cinemark (CNK) and Reading International (RDI). View all competitors. What other stocks do shareholders of World Wrestling Entertainment own? Based on aggregate information from My MarketBeat watchlists, some companies that other World Wrestling Entertainment investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Tesla (TSLA), Square (SQ), salesforce.com (CRM), Micron Technology (MU), Paypal (PYPL) and Boeing (BA). Who are World Wrestling Entertainment's key executives? World Wrestling Entertainment's management team includes the following 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) What is World Wrestling Entertainment's stock symbol? World Wrestling Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "WWE." Who are World Wrestling Entertainment's major shareholders? World Wrestling Entertainment's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.56%), Cadian Capital Management LP (4.79%), Independent Franchise Partners LLP (2.89%), Eminence Capital LP (2.31%), Marshall Wace North America L.P. (0.99%) and Goldman Sachs Group Inc. (0.94%). Company insiders that own World Wrestling Entertainment stock include Bradley Blum, George A Barrios, Kevin Dunn, Michelle D Wilson, Patricia A Gottesman, Paul Levesque and Vincent K Mcmahon. View institutional ownership trends for World Wrestling Entertainment. Which major investors are selling World Wrestling Entertainment stock? WWE stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace North America L.P., Vanguard Group Inc., WINTON GROUP Ltd, UBS Group AG, Man Group plc, Epoch Investment Partners Inc., and TD Asset Management Inc.. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, Kevin Dunn, Patricia A Gottesman, and Paul Levesque. View insider buying and selling activity for World Wrestling Entertainment. Which major investors are buying World Wrestling Entertainment stock? WWE stock was acquired by a variety of institutional investors in the last quarter, including Cadian Capital Management LP, Eminence Capital LP, Two Sigma Advisers LP, Cubist Systematic Strategies LLC, Victory Capital Management Inc., Great Lakes Advisors LLC, Canada Pension Plan Investment Board, and Jacobs Levy Equity Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is World Wrestling Entertainment's stock price today? One share of WWE stock can currently be purchased for approximately $40.16. How big of a company is World Wrestling Entertainment? World Wrestling Entertainment has a market capitalization of $3.12 billion and generates $960.40 million in revenue each year. The company earns $77.06 million in net income (profit) each year or $0.85 on an earnings per share basis. World Wrestling Entertainment employs 915 workers across the globe. What is World Wrestling Entertainment's official website? The official website for World Wrestling Entertainment is corporate.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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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