World Wrestling Entertainment - WWE Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WWE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WWE, but not buy additional shares or sell existing shares.
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10 brokerages have issued twelve-month target prices for World Wrestling Entertainment's stock. Their WWE share price forecasts range from $50.00 to $90.00. On average, they expect the company's share price to reach $72.60 in the next year. This suggests a possible upside of 1.1% from the stock's current price.
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World Wrestling Entertainment's stock was trading at $49.34 at the beginning of 2022. Since then, WWE shares have increased by 45.5% and is now trading at $71.81.
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World Wrestling Entertainment saw a increase in short interest in July. As of July 31st, there was short interest totaling 8,290,000 shares, an increase of 28.9% from the July 15th total of 6,430,000 shares. Based on an average daily volume of 787,000 shares, the short-interest ratio is presently 10.5 days. Currently, 19.5% of the shares of the stock are sold short.
View World Wrestling Entertainment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our WWE earnings forecast.

World Wrestling Entertainment, Inc. (NYSE:WWE) posted its quarterly earnings data on Tuesday, August, 16th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The firm earned $328.20 million during the quarter, compared to the consensus estimate of $322.38 million. World Wrestling Entertainment had a net margin of 17.40% and a trailing twelve-month return on equity of 53.60%. World Wrestling Entertainment's revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS.

World Wrestling Entertainment announced a quarterly dividend on Thursday, July 28th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.12 per share on Monday, September 26th. This represents a $0.48 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for WWE.

World Wrestling Entertainment (NYSE:WWE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 20.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWE will have a dividend payout ratio of 18.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWE.

World Wrestling Entertainment issued an update on its second quarter 2022 earnings guidance on Monday, August, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $328.00 million-$328.00 million, compared to the consensus revenue estimate of $311.84 million.

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 Lindsell Train Ltd (12.09%), UBS Asset Management Americas Inc. (2.16%), Renaissance Technologies LLC (1.65%), Victory Capital Management Inc. (1.57%), Principal Financial Group Inc. (1.57%) and State Street Corp (1.53%). Insiders that own company stock include Bradley Blum, Kevin Dunn, Patricia A Gottesman, Paul Levesque, Stephanie Levesque and Stephanie Levesque.
View institutional ownership trends.

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 $71.81.

World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $5.34 billion and generates $1.10 billion in revenue each year. The company earns $180.41 million in net income (profit) each year or $2.39 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.