NYSE:WWEWorld Wrestling Entertainment Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding World Wrestling Entertainment, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $45.57 +1.09 (+2.45 %) (As of 07/14/2020 04:00 PM ET) Add Compare Share Today's Range$44.07Now: $45.57▼$45.9150-Day Range$41.36MA: $45.33▼$48.7652-Week Range$29.10Now: $45.57▼$78.76Volume569,755 shsAverage Volume1.60 million shsMarket Capitalization$3.53 billionP/E Ratio36.17Dividend Yield1.08%Beta1.49 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingWorld Wrestling Entertainment has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 10 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.40, World Wrestling Entertainment has a potential upside of 23.8% from its current price of $45.57.Amount of Analyst CoverageWorld Wrestling Entertainment has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesWorld Wrestling Entertainment has received 464 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWorld Wrestling Entertainment has received 412 “underperform” votes. (Add your “underperform” vote.)Community SentimentWorld Wrestling Entertainment has received 52.97% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldWorld Wrestling Entertainment has a dividend yield of 1.08%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthWorld Wrestling Entertainment does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of World Wrestling Entertainment is 56.47%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, World Wrestling Entertainment will have a dividend payout ratio of 27.27% next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, World Wrestling Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,260,094.00 in company stock.Percentage Held by Insiders40.20% of the stock of World Wrestling Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions72.70% of the stock of World Wrestling Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for World Wrestling Entertainment are expected to grow by 32.33% in the coming year, from $1.33 to $1.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of World Wrestling Entertainment is 36.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.73.Price to Earnings Ratio vs. SectorThe P/E ratio of World Wrestling Entertainment is 36.17, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 32.57.Price to Book Value per Share RatioWorld Wrestling Entertainment has a P/B Ratio of 12.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Motion picture & video production Sub-IndustryMovies & Entertainment SectorConsumer Discretionary Current SymbolNYSE:WWE Previous Symbol CUSIP98156Q10 CIK1091907 Webcorporate.wwe.com Phone203-352-8600Debt Debt-to-Equity Ratio1.33 Current Ratio1.31 Quick Ratio1.29Price-To-Earnings Trailing P/E Ratio36.17 Forward P/E Ratio34.26 P/E GrowthN/A Sales & Book Value Annual Sales$960.40 million Price / Sales3.67 Cash Flow$2.12 per share Price / Cash Flow21.50 Book Value$3.56 per share Price / Book12.80Profitability EPS (Most Recent Fiscal Year)$0.85 Net Income$77.06 million Net Margins10.45% Return on Equity40.28% Return on Assets12.62%Miscellaneous Employees915 Outstanding Shares77,415,000Market Cap$3.53 billion Next Earnings Date7/30/2020 (Confirmed) OptionableOptionable WWE Rates by TradingView 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 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 Coronavirus reached pandemic status according to the World Health Organization. Since then, WWE stock has increased by 17.7% and is now trading at $45.57. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of World Wrestling Entertainment? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for World Wrestling Entertainment. When is World Wrestling Entertainment's next earnings date? World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for World Wrestling Entertainment. How can I listen to World Wrestling Entertainment's earnings call? World Wrestling Entertainment will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were World Wrestling Entertainment's earnings last quarter? World Wrestling Entertainment, Inc. (NYSE:WWE) posted its quarterly earnings data on Thursday, April, 23rd. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.06. The firm had revenue of $291 million for the quarter, compared to analysts' expectations of $259.45 million. World Wrestling Entertainment had a return on equity of 40.28% and a net margin of 10.45%. The company's quarterly revenue was up 59.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.11) 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 announced a quarterly dividend on Thursday, April 16th. Investors of record on Monday, June 15th will be paid a dividend of $0.12 per share on Thursday, June 25th. This represents a $0.48 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, June 12th. View World Wrestling Entertainment's dividend history. What price target have analysts set for WWE? 14 brokerages have issued 1-year price targets for World Wrestling Entertainment's stock. Their forecasts range from $30.00 to $100.00. On average, they anticipate World Wrestling Entertainment's stock price to reach $56.40 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View analysts' price targets for World Wrestling Entertainment. Has World Wrestling Entertainment been receiving favorable news coverage? Media coverage about WWE stock has been trending somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. World Wrestling Entertainment earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about World Wrestling Entertainment. 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), Viacom (VIAB), News (NWSA), Madison Square Garden (MSG), Cinemark (CNK) and Reading International (RDI). View all 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 Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Twitter (TWTR), AT&T (T), Tesla (TSLA), Micron Technology (MU), Roku (ROKU) and Activision Blizzard (ATVI). 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 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) 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 retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%). Company insiders that own World Wrestling Entertainment stock include Bradley Blum, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson, Patricia A Gottesman, Paul 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 Envestnet Asset Management Inc.. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, George A Barrios, Kevin Dunn, Michelle D Wilson, Patricia A Gottesman, and Paul Levesque. 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 $45.57. How big of a company is World Wrestling Entertainment? World Wrestling Entertainment has a market capitalization of $3.53 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 915 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 7/14/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
