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 in 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.
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Industry, Sector and Symbol
Industry Motion picture & video production
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
Phone203-352-8600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$930.20 million
Profitability
Miscellaneous
Employees915
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Thursday, July 18th. Investors of record on Friday, September 13th will be given a dividend of $0.12 per share on Wednesday, September 25th. This represents a $0.48 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, September 12th. 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, 25th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.14. The company earned $268.90 million during the quarter, compared to analysts' expectations of $271.21 million. World Wrestling Entertainment had a net margin of 8.42% and a return on equity of 23.92%. The business's revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 EPS. View World Wrestling Entertainment's Earnings History.
When is World Wrestling Entertainment's next earnings date?
What guidance has World Wrestling Entertainment issued on next quarter's earnings?
World Wrestling Entertainment updated its FY 2019 earnings guidance on Thursday, July, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1-1 billion, compared to the consensus revenue estimate of $1 billion.
What price target have analysts set for WWE?
12 brokers have issued 12-month price targets for World Wrestling Entertainment's shares. Their forecasts range from $85.00 to $157.00. On average, they anticipate World Wrestling Entertainment's share price to reach $100.5455 in the next year. This suggests a possible upside of 44.4% 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 1 hold rating and 11 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. According to Zacks Investment Research, "Shares of WWE have fallen and underperformed the industry in a month. The stock came under pressure following the company’s wider-than-expected first-quarter 2019 loss per share. Net revenues also fell short of the Zacks Consensus Estimate. We note that both the top and bottom lines came below the prior-year period. Lower top line, higher operating expenses, increased marketing and selling expenses, rise in G&A expenses and higher interest expense hurt the bottom line. Moreover, management had earlier hinted that adjusted OIBDA is expected to decline year over year through the third quarter, as increased content rights fees are likely to be offset by higher fixed costs. Nevertheless, WWE continues to anticipate record revenue of about $1 billion for 2019 with adjusted OIBDA of at least $200 million on the backdrop of original content production, localization and strategic initiatives as well as digitization." (4/30/2019)
- 2. 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)
Has World Wrestling Entertainment been receiving favorable news coverage?
Headlines about WWE stock have been trending negative on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. World Wrestling Entertainment earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for World Wrestling Entertainment.
Are investors shorting World Wrestling Entertainment?
World Wrestling Entertainment saw a increase in short interest in July. As of July 31st, there was short interest totalling 7,511,800 shares, an increase of 5.3% from the June 30th total of 7,134,600 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 6.6 days. Approximately 18.6% of the company's stock are sold short. View World Wrestling Entertainment's Current Options Chain.
Who are some of World Wrestling Entertainment's key competitors?
What other stocks do shareholders of World Wrestling Entertainment own?
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 73)
- Mr. George A. Barrios, Co-Pres & Director (Age 53)
- Ms. Michelle D. Wilson, Co-Pres & Director (Age 53)
- Mr. Kevin Dunn, Exec. VP of Television Production (Age 58)
- Mr. Paul Levesque, Exec. VP of Talent, Live Events & Creative and Director (Age 49)
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 Lindsell Train Ltd (9.19%), Vanguard Group Inc. (5.84%), BlackRock Inc. (5.13%), Renaissance Technologies LLC (3.13%), Wells Fargo & Company MN (1.56%) and Nuveen Asset Management LLC (1.23%). Company insiders that own World Wrestling Entertainment stock include Basil V Jr Devito, Blake Timothy Bilstad, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson, Patricia A Gottesman 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 BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., KCL Capital L.P., RWC Asset Management LLP, Mackenzie Financial Corp, Schroder Investment Management Group and Invesco Ltd.. Company insiders that have sold World Wrestling Entertainment company stock in the last year include George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michelle D Wilson, Patricia A Gottesman 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 purchased by a variety of institutional investors in the last quarter, including Lindsell Train Ltd, Nuveen Asset Management LLC, APG Asset Management N.V., Hoplite Capital Management L.P., Balyasny Asset Management LLC, Westfield Capital Management Co. LP, Canada Pension Plan Investment Board and Paloma Partners Management Co. 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 $69.61.
How big of a company is World Wrestling Entertainment?
World Wrestling Entertainment has a market capitalization of $5.48 billion and generates $930.20 million in revenue each year. The company earns $99.58 million in net income (profit) each year or $1.12 on an earnings per share basis. World Wrestling Entertainment employs 915 workers across the globe.View Additional Information About World Wrestling Entertainment.
What is World Wrestling Entertainment's official website?
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)
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.
