World Wrestling Entertainment (WWE) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WWE shares.
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10 Wall Street analysts have issued 12-month price objectives for World Wrestling Entertainment's stock. Their WWE share price forecasts range from $69.00 to $125.00. On average, they predict the company's stock price to reach $105.56 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
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World Wrestling Entertainment's stock was trading at $68.52 at the start of the year. Since then, WWE shares have increased by 44.0% and is now trading at $98.67.
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World Wrestling Entertainment saw a drop in short interest in May. As of May 15th, there was short interest totaling 7,800,000 shares, a drop of 25.6% from the April 30th total of 10,480,000 shares. Based on an average trading volume of 1,240,000 shares, the short-interest ratio is presently 6.3 days. Currently, 18.5% of the shares of the stock are short sold.
View World Wrestling Entertainment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
View our WWE earnings forecast.

World Wrestling Entertainment, Inc. (NYSE:WWE) announced its quarterly earnings data on Thursday, February, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.08. The company earned $325.30 million during the quarter, compared to analysts' expectations of $333.25 million. World Wrestling Entertainment had a trailing twelve-month return on equity of 38.41% and a net margin of 13.24%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.70 earnings per share.

World Wrestling Entertainment declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.12 per share on Monday, June 26th. This represents a $0.48 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend is Wednesday, June 14th.
Read our dividend analysis for WWE.

ETFs with the largest weight of World Wrestling Entertainment (NYSE:WWE) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Invesco Dynamic Media ETF (PBS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), SRH U.S. Quality ETF (SRHQ), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco S&P MidCap Momentum ETF (XMMO) and First Trust Consumer Discretionary AlphaDEX Fund (FXD).

World Wrestling Entertainment (NYSE:WWE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.48%. The dividend payout ratio is 24.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWE will have a dividend payout ratio of 15.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWE.

122 employees have rated World Wrestling Entertainment Chief Executive Officer Vince McMahon on Glassdoor.com. Vince McMahon has an approval rating of 47% among the company'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.

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 (CRM), PayPal (PYPL), Block (SQ), Micron Technology (MU) and Boeing (BA).

World Wrestling Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "WWE."

World Wrestling Entertainment's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.56%), Ninety One UK Ltd (3.75%), Independent Franchise Partners LLP (2.21%), Principal Financial Group Inc. (1.66%), State Street Corp (1.58%) and FMR LLC (1.55%). Insiders that own company stock include Bradley Blum, Kevin Dunn, Paul Levesque, Stephanie Levesque and Stephanie Levesque.
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Shares of WWE stock 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.
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One share of WWE stock can currently be purchased for approximately $98.67.

World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $7.35 billion and generates $1.29 billion in revenue each year. The company earns $195.59 million in net income (profit) each year or $1.95 on an earnings per share basis.

The company employs 870 workers across the globe.

World Wrestling Entertainment's mailing address is 1241 E MAIN ST, STAMFORD CT, 06902. The official website for the company is corporate.wwe.com. The company can be reached via phone at (203) 352-8600, via email at investor.relations@wwecorp.com, or via fax at 203-359-5151.