World Wrestling Entertainment Company Profile (NYSE:WWE)

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

World Wrestling Entertainment announced a quarterly dividend on Monday, April 24th. Investors 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 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, June 13th. View World Wrestling Entertainment's Dividend History.

World Wrestling Entertainment, Inc. (NYSE:WWE) released its quarterly earnings data on Thursday, May, 4th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.03. The firm earned $188.40 million during the quarter, compared to the consensus estimate of $183.41 million. World Wrestling Entertainment had a net margin of 2.79% and a return on equity of 11.35%. The company's revenue was up 10.1% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. View World Wrestling Entertainment's Earnings History.

World Wrestling Entertainment is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for World Wrestling Entertainment.

9 brokers have issued 1-year target prices for World Wrestling Entertainment's shares. Their forecasts range from $22.00 to $25.86. On average, they expect World Wrestling Entertainment's share price to reach $24.41 in the next year. View Analyst Ratings for World Wrestling Entertainment.

Here are some recent quotes from research analysts about World Wrestling Entertainment stock:

• 1. According to Zacks Investment Research, "Although World Wrestling Entertainment shares have comfortably outperformed the Zacks categorized industry in the past one year, the trend might reverse in the near term due to decline in earnings estimate for the first quarter and full year 2017. Recently, the company reported the fourth quarter of 2016 earnings, which came in line with the Zacks Consensus Estimate after missing in the previous two quarters. However, continuous decline in pay-per-view and home entertainment revenues have been concern for investors. Competition in the entertainment video space has increased significantly and might become more intense in the coming days. Nevertheless, WWE is executing a five-part strategy to strengthen and expand the WWE Network, which includes creating new content, implementing programs that will have higher customer attraction and retention power, introducing new features, expanding distribution platforms and entering into new regions." (2/13/2017)
• 2. Benchmark Co. analysts commented, "Reported sales, OIBDA and average paid subscribers all exceeded our expectations. The Company reported sales of $195M (Street: $180M / Benchmark: $180M) over adjusted OIBDA of $20.5M (Guide: $20M to $24M / Street: $21M / Benchmark: $20M). The Company reported 1.41M average paid subscribers (Guide: +1.40M / Benchmark: 1.40M)." (2/10/2017)
• 3. Needham & Company LLC analysts commented, "WWE reported 4Q16 revenue of $195mm (up 17% y/y, 4% above estimates), Adjusted OIBDA of $20.5mm (up over 4Q15 OIBDA of $4mm, 7% below estimates), and EPS of $0.10 (up over 4Q15 EPS Loss of $0.02, 19% below estimates). Based on FY17 guidance, we maintain our 2017 rev estimate at $785mm (up 8% y/y), but lower our EPS estimate to $0.57 (up 30% y/y, 11% below prior estimates) and we raise our capX estimate, owing to higher investments in programming and production facilities. Paying subs at 1/31/17 were 1.50mm (up 18% y/y), of which 1.11mm were US and 0.39mm were international. Total subs (including free trial period) at the same date were 1.68mm, up 15% y/y. Average subscribers were 1.5mm in 2016, up 25% over 2015. Content available via the OTT Network in 4Q16 was 7,000 hours, which is 4x higher than the amount available at launch in February of 2014." (2/9/2017)

Some companies that are related to World Wrestling Entertainment include Supergroup PLC (SGP), Entertainment One Ltd (ETO), DHX Media (DHXM), Eros International PLC (EROS), STV Group Plc. (STVG), Cinedigm Corp (CIDM), Bona Film Group Ltd (BONA), DTS (DTSI), Function(x) (FNCX), Lions Gate Entertainment Corp. (LGF), Pinewood Group PLC (PWS), Rentrak (RENT), Taomee Holdings Ltd (TAOM) and Twenty-First Century Fox (FOXAV).

World Wrestling Entertainment's management team includes the folowing people:

• Vincent K. McMahon, Chairman of the Board, Chief Executive Officer, Co-Founder
• George A. Barrios, Chief Financial Officer, Chief Strategy Officer
• Michael John Luisi III, President - WWE Studios
• Paul Levesque, Executive Vice President - Talent, Live Events & Creative, Director
• Casey Collins, Executive Vice President - Consumer Products
• Blake T. Bilstad, Senior Vice President, General Counsel, Secretary
• Sal Siino, Senior Vice President - Global Content Distribution & Business Development
• Michelle D. Wilson, Chief Revenue & Marketing Officer, Chief Marketing Officer
• Stephanie McMahon, Chief Brand Officer, Director
• Basil V. DeVito Jr., Sr. Advisor, Business Strategy

World Wrestling Entertainment's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Lindsell Train Ltd (8.89%), BlackRock Inc. (5.79%), Vanguard Group Inc. (4.51%), Morgan Stanley (2.37%), Pinnacle Associates Ltd. (1.92%) and UBS Group AG (1.85%). Company insiders that own World Wrestling Entertainment stock include Basil V Jr Devito, Casey Collins, K Mcmahon 2013 Irrev Vincent, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson, Stephanie Levesque and Vincent K Mcmahon. View Institutional Ownership Trends for World Wrestling Entertainment.

World Wrestling Entertainment's stock was sold by a variety of institutional investors in the last quarter, including Majedie Asset Management Ltd, UBS Group AG, Bank of New York Mellon Corp, Vanguard Group Inc., Pinnacle Associates Ltd., Credit Suisse AG, TIAA CREF Investment Management LLC and Teachers Advisors LLC. Company insiders that have sold World Wrestling Entertainment stock in the last year include Basil V Jr Devito, Casey Collins, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson and Vincent K Mcmahon. View Insider Buying and Selling for World Wrestling Entertainment.

World Wrestling Entertainment's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, JPMorgan Chase & Co., Oxford Asset Management, Goldman Sachs Group Inc., Highbridge Capital Management LLC, Jane Street Group LLC and Lindsell Train Ltd. View Insider Buying and Selling for World Wrestling Entertainment.

Shares of World Wrestling Entertainment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of World Wrestling Entertainment stock can currently be purchased for approximately $20.38.