NYSE:WWE World Wrestling Entertainment (WWE) Stock Forecast, Price & News $98.54 +0.58 (+0.59%) (As of 05:16 PM ET) Add Compare Share Share Today's Range$97.72▼$99.6150-Day Range$89.30▼$109.3552-Week Range$58.72▼$110.24Volume1.03 million shsAverage Volume1.18 million shsMarket Capitalization$7.34 billionP/E Ratio50.53Dividend Yield0.49%Price Target$105.56 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media World Wrestling Entertainment MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.0% Upside$105.56 Price TargetShort InterestHealthy18.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth15.69%From $2.74 to $3.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsConsumer Discretionary Sector155th out of 270 stocksMotion Picture & Video Production Industry2nd out of 6 stocks 1.3 Analyst's Opinion Consensus RatingWorld Wrestling Entertainment has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $105.56, World Wrestling Entertainment has a forecasted upside of 7.0% from its current price of $98.67.Amount of Analyst CoverageWorld Wrestling Entertainment has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted18.52% of the float of World Wrestling Entertainment has been sold short.Short Interest Ratio / Days to CoverWorld Wrestling Entertainment has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in World Wrestling Entertainment has recently decreased by 25.57%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldWorld Wrestling Entertainment has a dividend yield of 0.49%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWorld Wrestling Entertainment does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of World Wrestling Entertainment is 24.62%. 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 15.14% next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WWE. Previous Next 1.9 News and Social Media Coverage News SentimentWorld Wrestling Entertainment has a news sentiment score of 0.43. 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 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 24 news articles for World Wrestling Entertainment this week, compared to 13 articles on an average week.Search InterestOnly 2 people have searched for WWE on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added World Wrestling Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 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 Insiders38.90% 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 Institutions69.60% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for World Wrestling Entertainment are expected to grow by 15.69% in the coming year, from $2.74 to $3.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of World Wrestling Entertainment is 50.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.49.Price to Earnings Ratio vs. SectorThe P/E ratio of World Wrestling Entertainment is 50.60, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.52.Price to Book Value per Share RatioWorld Wrestling Entertainment has a P/B Ratio of 14.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About World Wrestling Entertainment (NYSE:WWE) StockWorld Wrestling Entertainment, Inc. is an integrated media and entertainment company, which engages in the production and distribution of content through various channels. It operates through the following business segments: Media, Live Events, and Consumer Products. The Media segment reflects the production and monetization of long-form and short-form video content across various platforms including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The Live Events segment is involved in ticket sales. The Consumer Products segment focuses on merchandising video games, toys, and apparel through licensing arrangements and direct-to-consumer sales. The company was founded by Vincent Kennedy McMahon in 1980 and is headquartered in Stamford, CT.Read More Receive WWE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for World Wrestling Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address WWE Stock News HeadlinesJune 9, 2023 | msn.comCavinder Twins Reveal New WWE Outfits As They Gear Up For Pro Wrestling CareerJune 9, 2023 | americanbankingnews.comAnalysts Set World Wrestling Entertainment, Inc. (NYSE:WWE) Price Target at $108.14June 9, 2023 | Vantage Point (Ad)Warning: America on the Brink of Financial Crisis!Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs? June 8, 2023 | msn.comWWE legend The Iron Sheik dies aged 81 as wrestling world mourns ‘force of nature’June 8, 2023 | forbes.comWrestling World Mourns Iron Sheik, One Of WWE's Most Celebrated HeelsJune 8, 2023 | yahoo.comSeth Rollins Wants To Create A New Legacy With The WWE World Heavyweight ChampionshipJune 8, 2023 | forbes.comIron Sheik Death Sparks National Mourning, Wrestling World ReactsJune 8, 2023 | msn.comWWE legend The Iron Sheik dies aged 81 as wrestling world mourns 'force of nature'June 9, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 7, 2023 | msn.comWWE’s new World Heavyweight Title already feels secondaryJune 7, 2023 | msn.comBron Breakker Challenges Seth Rollins For World Heavyweight Title On WWE NXTJune 7, 2023 | msn.com5 WWE Wrestlers Who Could Dethrone Seth Rollins For The World Heavyweight ChampionshipJune 7, 2023 | msn.comKevin Nash: Contrasting World Championship Focus in WWE and AEWJune 6, 2023 | yahoo.comWomen’s Wrestling Wrap-Up: WWE MITB Qualifiers, Deonna vs Trinity Set For Slammiversary, Charli Evans InterviewJune 6, 2023 | msn.comWWE Raw Results (06/05) - World Heavyweight Title Match, Money In The Bank QualifiersJune 5, 2023 | finance.yahoo.comWWE announces multi-year partnership with live streaming platform TwitchJune 5, 2023 | finance.yahoo.comWWE® Announces Multi-Year Partnership With TwitchJune 2, 2023 | msn.comSeth Rollins To Defend World Heavyweight Championship On WWE RAWJune 2, 2023 | forbes.comWWE SmackDown 2023 Results: Winners And Grades With New World Title Belt (Video)June 2, 2023 | msn.comSeth Rollins issues World title open challenge for WWE RawJune 2, 2023 | finance.yahoo.comWhy Is WWE (WWE) Down 5.5% Since Last Earnings Report?June 2, 2023 | msn.comWWE Reportedly Planning Reveal Of New World Title Belt On SmackDownJune 1, 2023 | msn.comRhea Ripley Wants More Intergender Wrestling In WWE: 'I Also Love Beating Up The Men'June 1, 2023 | americanbankingnews.comWorld Wrestling Entertainment (NYSE:WWE) Coverage Initiated by Analysts at StockNews.comJune 1, 2023 | msn.comImpact Wrestling Announces World Tag Team Title Match For Against All OddsMay 31, 2023 | msn.comJimmy Korderas Critiques WWE Raw Promo, Reflection On World Heavyweight ChampionshipMay 29, 2023 | msn.comHulk Hogan Comments On Roman Reigns, Length Of Current WWE World Title ReignSee More Headlines WWE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WWE Company Calendar Last Earnings2/02/2023Ex-Dividend for 3/27 Dividend3/14/2023Dividend Payable3/27/2023Today6/09/2023Ex-Dividend for 6/26 Dividend6/14/2023Dividend Payable6/26/2023Next Earnings (Estimated)8/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motion picture & video production Sub-IndustryMovies & Entertainment SectorConsumer Discretionary Current SymbolNYSE:WWE CUSIP98156Q10 CIK1091907 Webcorporate.wwe.com Phone(203) 352-8600Fax203-359-5151Employees870Year FoundedN/APrice Target and Rating Average Stock Price Forecast$105.56 High Stock Price Forecast$125.00 Low Stock Price Forecast$69.00 Forecasted Upside/Downside+7.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.95 Trailing P/E Ratio50.46 Forward P/E Ratio35.91 P/E GrowthN/ANet Income$195.59 million Net Margins13.24% Pretax Margin18.26% Return on Equity38.41% Return on Assets14.46% Debt Debt-to-Equity Ratio0.66 Current Ratio1.61 Quick Ratio1.60 Sales & Book Value Annual Sales$1.29 billion Price / Sales5.68 Cash Flow$4.15 per share Price / Cash Flow23.73 Book Value$6.95 per share Price / Book14.16Miscellaneous Outstanding Shares74,500,000Free Float45,520,000Market Cap$7.33 billion OptionableOptionable Beta1.16 Key ExecutivesNick KhanChief Executive Officer & DirectorFrank A. RiddickPresident & Chief Financial OfficerBradley M. BlumExecutive Vice President-OperationsRajan MehtaChief Technology OfficerElisebeth B. CollinsSecretary & Compliance OfficerKey CompetitorsV.F.NYSE:VFCWhirlpoolNYSE:WHRRalph LaurenNYSE:RLPearsonNYSE:PSOLiberty GlobalNASDAQ:LBTYAView All CompetitorsInstitutional OwnershipOntario Teachers Pension Plan BoardBought 10,173 shares on 6/1/2023Ownership: 0.014%Macquarie Group Ltd.Bought 2,000 shares on 6/1/2023Ownership: 0.003%ProShare Advisors LLCBought 2,578 shares on 5/26/2023Ownership: 0.003%Ameriprise Financial Inc.Sold 165,169 shares on 5/22/2023Ownership: 0.755%New York State Common Retirement FundSold 2,554 shares on 5/18/2023Ownership: 0.057%View All Institutional Transactions WWE Stock - Frequently Asked Questions Should I buy or sell World Wrestling Entertainment stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WWE shares. View WWE analyst ratings or view top-rated stocks. What is World Wrestling Entertainment's stock price forecast for 2023? 10 brokerages have issued 1 year price targets for World Wrestling Entertainment's stock. Their WWE share price forecasts range from $69.00 to $125.00. On average, they expect the company's share price to reach $105.56 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts price targets for WWE or view top-rated stocks among Wall Street analysts. How have WWE shares performed in 2023? World Wrestling Entertainment's stock was trading at $68.52 at the beginning of the year. Since then, WWE stock has increased by 43.6% and is now trading at $98.39. View the best growth stocks for 2023 here. Are investors shorting World Wrestling Entertainment? World Wrestling Entertainment saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 7,800,000 shares, a decline of 25.6% from the April 30th total of 10,480,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the days-to-cover ratio is currently 6.3 days. Currently, 18.5% of the company's stock are short sold. View World Wrestling Entertainment's Short Interest. When is World Wrestling Entertainment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023. View our WWE earnings forecast. How were World Wrestling Entertainment's earnings last quarter? World Wrestling Entertainment, Inc. (NYSE:WWE) announced its quarterly earnings data on Thursday, February, 2nd. The company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.08. The business had revenue of $325.30 million for the quarter, compared to analysts' expectations of $333.25 million. World Wrestling Entertainment had a trailing twelve-month return on equity of 38.41% and a net margin of 13.24%. World Wrestling Entertainment's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 EPS. How often does World Wrestling Entertainment pay dividends? What is the dividend yield for World Wrestling Entertainment? World Wrestling Entertainment announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.12 per share on Monday, June 26th. This represents a $0.48 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for WWE. What ETFs hold World Wrestling Entertainment's stock? ETFs with the largest weight of World Wrestling Entertainment (NYSE:WWE) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Invesco Dynamic Media ETF (PBS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), SRH U.S. Quality ETF (SRHQ), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco S&P MidCap Momentum ETF (XMMO) and First Trust Consumer Discretionary AlphaDEX Fund (FXD). Is World Wrestling Entertainment a good dividend stock? World Wrestling Entertainment (NYSE:WWE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.49%. The dividend payout ratio is 24.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWE will have a dividend payout ratio of 15.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WWE. What is Vince McMahon's approval rating as World Wrestling Entertainment's CEO? 122 employees have rated World Wrestling Entertainment Chief Executive Officer Vince McMahon on Glassdoor.com. Vince McMahon has an approval rating of 47% among the company's employees. This puts Vince McMahon in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 55.0% of employees surveyed would recommend working at World Wrestling Entertainment to a friend. 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), Salesforce (CRM), PayPal (PYPL), Block (SQ), Micron Technology (MU) and Boeing (BA). 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 shareholders include BlackRock Inc. (6.56%), Ninety One UK Ltd (3.75%), Independent Franchise Partners LLP (2.21%), Principal Financial Group Inc. (1.66%), State Street Corp (1.58%) and FMR LLC (1.55%). Insiders that own company stock include Bradley Blum, Kevin Dunn, Paul Levesque, Stephanie Levesque and Stephanie Levesque. View institutional ownership trends. How do I buy shares of World Wrestling Entertainment? Shares of WWE stock 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 World Wrestling Entertainment's stock price today? One share of WWE stock can currently be purchased for approximately $98.39. How much money does World Wrestling Entertainment make? World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $7.33 billion and generates $1.29 billion in revenue each year. The company earns $195.59 million in net income (profit) each year or $1.95 on an earnings per share basis. How many employees does World Wrestling Entertainment have? The company employs 870 workers across the globe. How can I contact World Wrestling Entertainment? World Wrestling Entertainment's mailing address is 1241 E MAIN ST, STAMFORD CT, 06902. The official website for the company is corporate.wwe.com. The company can be reached via phone at (203) 352-8600, via email at investor.relations@wwecorp.com, or via fax at 203-359-5151. 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