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

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$82.03 -1.47 (-1.76 %)
(As of 10/21/2018 04:00 PM ET)
Previous Close$82.03
Today's Range$81.93 - $85.57
52-Week Range$21.22 - $97.69
Volume1.48 million shs
Average Volume1.27 million shs
Market Capitalization$6.40 billion
P/E Ratio126.20
Dividend Yield0.59%
Beta0.97
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motion picture & video production
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
SymbolNYSE:WWE
CUSIP98156Q10
Phone203-352-8600

Debt

Debt-to-Equity Ratio0.10
Current Ratio1.34
Quick Ratio1.31

Price-To-Earnings

Trailing P/E Ratio126.20
Forward P/E Ratio94.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$801 million
Price / Sales7.99
Cash Flow$1.6588 per share
Price / Cash49.45
Book Value$3.28 per share
Price / Book25.01

Profitability

EPS (Most Recent Fiscal Year)$0.65
Net Income$32.64 million
Net Margins5.93%
Return on Equity24.64%
Return on Assets10.49%

Miscellaneous

Employees850
Outstanding Shares77,980,000
Market Cap$6.40 billion

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, October 19th. Investors of record on Friday, December 14th will be given a dividend of $0.12 per share on Wednesday, December 26th. This represents a $0.48 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Thursday, December 13th. View World Wrestling Entertainment's Dividend History.

How were World Wrestling Entertainment's earnings last quarter?

World Wrestling Entertainment, Inc. (NYSE:WWE) issued its quarterly earnings data on Thursday, July, 26th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.02. The company had revenue of $281.60 million for the quarter, compared to analyst estimates of $240.30 million. World Wrestling Entertainment had a net margin of 5.93% and a return on equity of 24.64%. The firm's revenue was up 31.2% on a year-over-year basis. During the same period last year, the firm earned $0.06 earnings per share. 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, October 25th 2018. View Earnings Estimates for World Wrestling Entertainment.

How can I listen to World Wrestling Entertainment's earnings call?

World Wrestling Entertainment will be holding an earnings conference call on Thursday, October 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8552004993.

What price target have analysts set for WWE?

12 brokerages have issued 1 year target prices for World Wrestling Entertainment's stock. Their forecasts range from $40.00 to $105.00. On average, they expect World Wrestling Entertainment's share price to reach $87.2727 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for World Wrestling Entertainment.

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

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 5 hold ratings and 7 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. 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)
  • 2. 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 have not only aided the stock to outpace the industry in the past six months but also helped continued with sturdy performance. Although earnings fell short of the consensus mark in second-quarter 2018, net revenues surpassed the same after missing in the preceding quarter. Notably, both the top and bottom lines also improved significantly year over year. Management now envisions full year adjusted OIBDA in the band of $160-$170 million. This comprises adjusted OIBDA of $30-$34 million for the third quarter and a robust fourth quarter results. However, we believe that any 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 the profitability." (7/30/2018)

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 72)
  • Mr. George A. Barrios, Co-Pres & Director (Age 52)
  • Ms. Michelle D. Wilson, Co-Pres & Director (Age 52)
  • Mr. Kevin Dunn, Exec. VP of Television Production (Age 57)
  • Mr. Paul Levesque, Exec. VP of Talent, Live Events & Creative and Director (Age 48)

Who are World Wrestling Entertainment's major shareholders?

World Wrestling Entertainment's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Zweig DiMenna Associates LLC (0.31%), Bank of Montreal Can (0.05%), Capital Impact Advisors LLC (0.04%), Empowered Funds LLC (0.03%), Aperio Group LLC (0.02%) and Louisiana State Employees Retirement System (0.02%). 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 major investors are selling World Wrestling Entertainment stock?

WWE stock was sold by a variety of institutional investors in the last quarter, including Empowered Funds LLC, Louisiana State Employees Retirement System, Capital Impact Advisors LLC and Ramsey Quantitative Systems. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Blake Timothy Bilstad, 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 major investors are buying World Wrestling Entertainment stock?

WWE stock was bought by a variety of institutional investors in the last quarter, including Zweig DiMenna Associates LLC, Bank of Montreal Can, Bfsg LLC, Strs Ohio, Aperio Group LLC and Jaffetilchin Investment Partners LLC. 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 $82.03.

How big of a company is World Wrestling Entertainment?

World Wrestling Entertainment has a market capitalization of $6.40 billion and generates $801 million in revenue each year. The company earns $32.64 million in net income (profit) each year or $0.65 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:  329 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  609
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 10/21/2018 by MarketBeat.com Staff

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