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, Consumer Products Division, WWE Studios, and Corporate & Other. 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 WWE Studios segment revenues consist of amounts earned from the investing in producing and/or distributing of filmed entertainment. The Corporate & Other segment revenues consist of amounts earned from the investing in producing and/or distributing of filmed entertainment. The company was founded by Vincent K. McMahon in 1980 and is headquartered in Stamford, CT.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Motion picture & video production
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
Current SymbolNYSE:WWE
Previous Symbol
CUSIP98156Q10
Phone203-352-8600
Debt
Debt-to-Equity Ratio0.10
Current Ratio1.26
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio115.46
Forward P/E Ratio80.65
P/E GrowthN/A
Sales & Book Value
Annual Sales$801 million
Price / Sales7.31
Cash Flow$1.6578 per share
Price / Cash Flow45.24
Book Value$3.28 per share
Price / Book22.87
Profitability
EPS (Most Recent Fiscal Year)$0.65
Net Income$32.64 million
Net Margins7.27%
Return on Equity27.69%
Return on Assets11.87%
Miscellaneous
Employees850
Outstanding Shares78,020,000
Market Cap$5.86 billion
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 Friday, October 19th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.12 per share on Wednesday, December 26th. This represents a $0.48 annualized dividend and a dividend yield of 0.64%. The ex-dividend date is Thursday, December 13th. View World Wrestling Entertainment's Dividend History.
How were World Wrestling Entertainment's earnings last quarter?
World Wrestling Entertainment, Inc. (NYSE:WWE) issued its earnings results on Thursday, October, 25th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.18. The company earned $188.40 million during the quarter, compared to analyst estimates of $203.08 million. World Wrestling Entertainment had a return on equity of 27.69% and a net margin of 7.27%. View World Wrestling Entertainment's Earnings History.
When is World Wrestling Entertainment's next earnings date?
What price target have analysts set for WWE?
13 equities research analysts have issued 12-month target prices for World Wrestling Entertainment's stock. Their predictions range from $40.00 to $105.00. On average, they anticipate World Wrestling Entertainment's stock price to reach $88.2727 in the next year. This suggests a possible upside of 17.1% from the stock's current price. View Analyst Price Targets for World Wrestling Entertainment.
What is the consensus analysts' recommendation for 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 2 hold ratings 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, "WWE’s focus on increasing original content, subscriber growth, rise in TV rights fees and monetization of video content across digital and direct-to-consumer platforms bode well. These led the stock to outpace the industry in the past six months. Although revenue fell short of the consensus mark in third-quarter 2018, earnings surpassed the same after missing in the preceding quarter. Notably, both the top and bottom lines improved year over year. Management envisions significant revenue growth in the final quarter with adjusted OIBDA in the band of $45-$55 million. However, we believe that fall in ticket sales during live events, lower number of live events, rising costs at WWE Network and stiff competition from other entertainment platforms may hurt profitability. Also, the company's media segment remains vulnerable to rising capital expenditures, content cost and operating expense." (11/17/2018)
- 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?
Media coverage about WWE stock has trended positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. World Wrestling Entertainment earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.
Who are some of World Wrestling Entertainment's key competitors?
Who are World Wrestling Entertainment's key executives?
World Wrestling Entertainment's management team includes the folowing people:
- Vincent Kennedy McMahon, Chairman & Chief Executive Officer
- George Aldo Barrios, Co-President & Director
- Michelle D. Wilson, Co-President & Director
- Blake Timothy Bilstad, Secretary, Senior Vice President & General Counsel
- James W. Langham, Senior Vice President & Assistant General Counsel
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 shareholders include Lindsell Train Ltd (7.68%), BlackRock Inc. (6.76%), Vanguard Group Inc. (5.72%), Renaissance Technologies LLC (4.25%), Gilder Gagnon Howe & Co. LLC (2.36%) and Wells Fargo & Company MN (1.32%). Company insiders that own World Wrestling Entertainment stock include Basil V Jr Devito, Blake Timothy Bilstad, Casey Collins, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson 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 Credit Suisse AG, BlackRock Inc., Hsbc Holdings PLC, Sirios Capital Management L P, Acadian Asset Management LLC, Dimensional Fund Advisors LP, Lindsell Train Ltd and Elk Creek Partners LLC. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Blake Timothy Bilstad, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi 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 acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Penserra Capital Management LLC, Morgan Stanley, Zweig DiMenna Associates LLC, Deutsche Bank AG, American International Group Inc., The Manufacturers Life Insurance Company and Retirement Systems of Alabama. 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 $75.37.
How big of a company is World Wrestling Entertainment?
World Wrestling Entertainment has a market capitalization of $5.86 billion and generates $801 million in revenue each year. The company earns $32.64 million in net income (profit) each year or $0.65 on an earnings per share basis. World Wrestling Entertainment employs 850 workers across the globe.
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.
