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NYSE:WWE

World Wrestling Entertainment Stock Forecast, Price & News

$44.97
+0.85 (+1.93 %)
(As of 12/4/2020 12:00 AM ET)
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Today's Range
$44.04
Now: $44.97
$45.07
50-Day Range
$36.36
MA: $40.07
$44.86
52-Week Range
$29.10
Now: $44.97
$67.53
Volume717,616 shs
Average Volume1.20 million shs
Market Capitalization$3.50 billion
P/E Ratio26.93
Dividend Yield1.09%
Beta1.42
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 through 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.
World Wrestling Entertainment logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.31 out of 5 stars


Industry, Sector and Symbol

Industry Motion picture & video production
Sub-IndustryMovies & Entertainment
CUSIP98156Q10
Phone203-352-8600
Employees960

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$960.40 million
Cash Flow$2.50 per share
Book Value$3.56 per share

Profitability

Net Income$77.06 million

Miscellaneous

Market Cap$3.50 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$44.97
+0.85 (+1.93 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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World Wrestling Entertainment (NYSE:WWE) Frequently Asked Questions

How has World Wrestling Entertainment's stock been impacted by COVID-19 (Coronavirus)?

World Wrestling Entertainment's stock was trading at $38.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WWE stock has increased by 16.1% and is now trading at $44.97.
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
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than World Wrestling Entertainment?

Wall Street analysts have given World Wrestling Entertainment a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but World Wrestling Entertainment wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is World Wrestling Entertainment's next earnings date?

World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for World Wrestling Entertainment
.

How were World Wrestling Entertainment's earnings last quarter?

World Wrestling Entertainment, Inc. (NYSE:WWE) released its quarterly earnings results on Thursday, October, 29th. The company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.22. The company earned $221.60 million during the quarter, compared to analysts' expectations of $221.59 million. World Wrestling Entertainment had a return on equity of 48.59% and a net margin of 14.18%. The firm's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS.
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 Friday, October 23rd. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.12 per share on Monday, December 28th. This represents a $0.48 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Monday, December 14th.
View World Wrestling Entertainment's dividend history
.

What price target have analysts set for WWE?

13 equities research analysts have issued 1-year target prices for World Wrestling Entertainment's shares. Their forecasts range from $30.00 to $76.00. On average, they anticipate World Wrestling Entertainment's share price to reach $50.77 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for World Wrestling Entertainment
.

Who are some of World Wrestling Entertainment's key 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), The Walt Disney (DIS), Tesla (TSLA), salesforce.com (CRM), PayPal (PYPL), Square (SQ), Micron Technology (MU) and The 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 74, Pay $1.83M)
  • Ms. Stephanie McMahon Levesque, Chief Brand Officer & Director (Age 43, Pay $1.53M)
  • Mr. Paul Levesque, Exec. VP of Global Talent Strategy & Devel. and Director (Age 50, Pay $2.83M)
  • Mr. Nick Khan, Pres & Chief Revenue Officer
  • Ms. Kristina M. Salen, Chief Financial Officer (Age 49)
  • Mr. Bradley M. Blum, Exec. VP of Operations (Age 47)
  • Ms. Karen M. Mullane, Chief Accounting Officer & Controller (Age 55)
  • Mr. Rajan Mehta, CTO & Exec. VP
  • Mr. Michael Weitz, Sr. VP of Investor Relations
  • Mr. Brian M. Nurse, Sr. VP, Gen. Counsel & Sec. (Age 48)

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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.14%), Caledonia Private Investments Pty Ltd (3.48%), State Street Corp (1.33%), Marathon Partners Equity Management LLC (0.93%), Victory Capital Management Inc. (0.69%) and Great Lakes Advisors LLC (0.62%). Company insiders that own World Wrestling Entertainment stock include Bradley Blum, George A Barrios, Kevin Dunn, Michelle D Wilson, Patricia A Gottesman, Paul Levesque, Stephanie 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 Sirios Capital Management L P, Morgan Stanley, BlackRock Inc., Caledonia Private Investments Pty Ltd, Cubist Systematic Strategies LLC, State Street Corp, Nissay Asset Management Corp Japan ADV, and Sei Investments Co.. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, Kevin Dunn, Patricia A Gottesman, Paul Levesque, and Stephanie Levesque.
View insider buying and selling activity for World Wrestling Entertainment
.

Which major investors are buying World Wrestling Entertainment stock?

WWE stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., AQR Capital Management LLC, Royce & Associates LP, Wells Fargo & Company MN, Marathon Partners Equity Management LLC, Great Lakes Advisors LLC, Jabodon PT Co., and Charles Schwab Investment 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 $44.97.

How big of a company is World Wrestling Entertainment?

World Wrestling Entertainment has a market capitalization of $3.50 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 960 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 12/5/2020 by MarketBeat.com Staff

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