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

$73.81
-0.44 (-0.59 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$73.48
Now: $73.81
$74.64
50-Day Range
$64.43
MA: $71.35
$76.13
52-Week Range
$58.50
Now: $73.81
$100.45
Volume32,921 shs
Average Volume1.61 million shs
Market Capitalization$5.81 billion
P/E Ratio65.96
Dividend Yield0.64%
Beta1.37
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$930.20 million
Cash Flow$2.2245 per share
Book Value$4.14 per share

Profitability

Net Income$99.58 million

Miscellaneous

Employees915
Market Cap$5.81 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

Receive WWE News and Ratings via Email

Sign-up to receive the latest news and ratings for WWE and its competitors with MarketBeat's FREE daily newsletter.


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. Stockholders 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 annualized dividend and a dividend yield of 0.65%. The ex-dividend date 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) released its quarterly earnings results on Thursday, July, 25th. The company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.14. The business earned $268.90 million during the quarter, compared to analysts' expectations of $271.21 million. World Wrestling Entertainment had a return on equity of 23.92% and a net margin of 8.42%. The company's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period last year, the business posted $0.11 EPS. 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 24th 2019. View Earnings Estimates for World Wrestling Entertainment.

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 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 Wall Street analysts have issued 12 month target prices for World Wrestling Entertainment's stock. Their predictions 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 36.2% 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?

News stories about WWE stock have been trending positive this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. World Wrestling Entertainment earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely 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 volume of 1,130,000 shares, the short-interest ratio is currently 6.6 days. Currently, 18.6% of the shares of the 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other World Wrestling Entertainment investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Micron Technology (MU), Twitter (TWTR), Canopy Growth (CGC), salesforce.com (CRM), Square (SQ), Paypal (PYPL) and Advanced Micro Devices (AMD).

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 many different of institutional and retail investors. Top institutional investors include Lindsell Train Ltd (9.19%), Vanguard Group Inc. (5.84%), BlackRock Inc. (5.13%), BlackRock Inc. (5.13%), Renaissance Technologies LLC (3.13%) and Wells Fargo & Company MN (1.56%). 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., BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., KCL Capital L.P., RWC Asset Management LLP, Mackenzie Financial Corp and Mackenzie Financial Corp. 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 bought 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 $73.81.

How big of a company is World Wrestling Entertainment?

World Wrestling Entertainment has a market capitalization of $5.81 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?

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:  399 (Vote Outperform)
Underperform Votes:  331 (Vote Underperform)
Total Votes:  730
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 8/23/2019 by MarketBeat.com Staff

Featured Article: Lock-Up Period Expiration

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel