S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:WWE

World Wrestling Entertainment Stock Forecast, Price & News

$49.42
+0.29 (+0.59%)
(As of 12/3/2021 12:00 AM ET)
Add
Compare
Today's Range
$48.34
$49.76
50-Day Range
$47.71
$61.82
52-Week Range
$43.20
$70.72
Volume
516,393 shs
Average Volume
836,686 shs
Market Capitalization
$3.75 billion
P/E Ratio
32.30
Dividend Yield
0.98%
Beta
1.36
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 World Wrestling Entertainment and its competitors with MarketBeat's FREE daily newsletter.


World Wrestling Entertainment logo

About World Wrestling Entertainment

World Wrestling Entertainment, Inc. engages in the development, production and marketing of television and pay-per-view event programming and live events and the licensing and sale of consumer products featuring its brands. It operates through the following business segments: Digital Media, Live Events, and Consumer Products Division. The Digital Media segment revenues consist principally of subscriptions to WWE Network, fees for viewing its pay-per-view and video-on-demand programming, and advertising fees. The Live Events segment revenues consist principally of ticket sales and travel packages for live events. The Consumer Products segment revenues consist principally of royalties or license fees related to various WWE themed products such as video games, toys and apparel. The company was founded by Vincent K. McMahon in 1980 and is headquartered in Stamford, CT.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Motion picture & video production
Sub-Industry
Movies & Entertainment
CUSIP
98156Q10
Employees
900
Year Founded
N/A

Sales & Book Value

Annual Sales
$974.20 million
Cash Flow
$2.67 per share
Book Value
$4.92 per share

Profitability

Net Income
$131.77 million
Pretax Margin
16.68%

Debt

Price-To-Earnings

Miscellaneous

Free Float
44,908,000
Market Cap
$3.75 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
9/27/2021
Last Earnings
11/04/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/03/2022

MarketRank

Overall MarketRank

3.09 out of 5 stars

Consumer Discretionary Sector

14th out of 387 stocks

Motion Picture & Video Production Industry

1st out of 8 stocks

Analyst Opinion: 3.2Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 4.2Valuation: 1.9 5 -4 -3 -2 -1 -












World Wrestling Entertainment (NYSE:WWE) Frequently Asked Questions

Is World Wrestling Entertainment a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" World Wrestling Entertainment stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WWE, but not buy additional shares or sell existing shares.
View analyst ratings for World Wrestling Entertainment
or view top-rated stocks.

How has World Wrestling Entertainment's stock 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 shares have increased by 27.6% and is now trading at $49.42.
View which stocks have been most impacted by COVID-19
.

When is World Wrestling Entertainment's next earnings date?

World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for World Wrestling Entertainment
.

How were World Wrestling Entertainment's earnings last quarter?

World Wrestling Entertainment, Inc. (NYSE:WWE) posted its earnings results on Thursday, November, 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.18. The company had revenue of $255.80 million for the quarter, compared to the consensus estimate of $260.56 million. World Wrestling Entertainment had a net margin of 12.72% and a trailing twelve-month return on equity of 38.71%. The company's quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.56 earnings per share.
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 announced a quarterly dividend on Thursday, October 28th. Investors of record on Wednesday, December 15th will be given a dividend of $0.12 per share on Monday, December 27th. This represents a $0.48 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Tuesday, December 14th.
View World Wrestling Entertainment's dividend history
.

Is World Wrestling Entertainment a good dividend stock?

World Wrestling Entertainment pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.98%. The dividend payout ratio of World Wrestling Entertainment is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, World Wrestling Entertainment will have a dividend payout ratio of 21.43% next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend.
View World Wrestling Entertainment's dividend history.

What price target have analysts set for WWE?

11 equities research analysts have issued 1-year price targets for World Wrestling Entertainment's stock. Their forecasts range from $45.00 to $70.00. On average, they expect World Wrestling Entertainment's share price to reach $60.64 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
View analysts' price targets for World Wrestling Entertainment
or view top-rated stocks among Wall Street analysts.

Who are World Wrestling Entertainment's key executives?

World Wrestling Entertainment's management team includes the following people:
  • Vincent Kennedy McMahon, Chairman & Chief Executive Officer
  • Nick Khan, President, Director & Chief Revenue Officer
  • Bradley M. Blum, Executive Vice President-Operations (LinkedIn Profile)
  • Frank A. Riddick, Chief Financial & Administrative Officer
  • Susan Levison, Senior Vice President & Head-WWE Studios

What is Vince McMahon's approval rating as World Wrestling Entertainment's CEO?

122 employees have rated World Wrestling Entertainment CEO Vince McMahon on Glassdoor.com. Vince McMahon has an approval rating of 47% among World Wrestling Entertainment'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.

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), News (NWSA), Cinemark (CNK) and Reading International (RDI).
View all of WWE's 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), salesforce.com (CRM), PayPal (PYPL), Square (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 retail and institutional investors. Top institutional investors include Lindsell Train Ltd (14.71%), BlackRock Inc. (7.37%), Invesco Ltd. (1.12%), Rice Hall James & Associates LLC (1.00%), Bank of New York Mellon Corp (0.89%) and Geode Capital Management LLC (0.73%). Company insiders that own World Wrestling Entertainment stock include Bradley Blum, Kevin Dunn, Patricia A Gottesman, Paul Levesque and Stephanie Levesque.
View institutional ownership trends for World Wrestling Entertainment
.

Which institutional 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., Renaissance Technologies LLC, Two Sigma Advisers LP, Morgan Stanley, Tudor Investment Corp Et Al, Barclays PLC, Cubist Systematic Strategies LLC, and AlphaCrest Capital Management LLC. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, and Paul Levesque.
View insider buying and selling activity for World Wrestling Entertainment
or view top insider-selling stocks.

Which institutional investors are buying World Wrestling Entertainment stock?

WWE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Moors & Cabot Inc., Victory Capital Management Inc., Marathon Partners Equity Management LLC, Alliancebernstein L.P., Lindsell Train Ltd, and PEAK6 Investments LLC.
View insider buying and selling activity for World Wrestling Entertainment
or or view top insider-buying stocks.

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 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 $49.42.

How much money does World Wrestling Entertainment make?

World Wrestling Entertainment has a market capitalization of $3.75 billion and generates $974.20 million in revenue each year. The company earns $131.77 million in net income (profit) each year or $1.53 on an earnings per share basis.

How many employees does World Wrestling Entertainment have?

World Wrestling Entertainment employs 900 workers across the globe.

What is World Wrestling Entertainment's official website?

The official website for World Wrestling Entertainment is corporate.wwe.com.

Where are World Wrestling Entertainment's headquarters?

World Wrestling Entertainment is headquartered at 1241 E MAIN ST, STAMFORD CT, 06902.

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, via email at [email protected], or via fax at 203-359-5151.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.