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

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$86.71 -5.41 (-5.87 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$92.12
Today's Range$86.01 - $91.28
52-Week Range$34.69 - $97.69
Volume959,424 shs
Average Volume782,700 shs
Market Capitalization$6.77 billion
P/E Ratio77.42
Dividend Yield0.52%
Beta1.36
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.

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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$2.1634 per share
Book Value$4.05 per share

Profitability

Net Income$99.58 million

Miscellaneous

Employees915
Market Cap$6.77 billion
Next Earnings Date5/2/2019 (Estimated)
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, February 1st. Stockholders of record on Friday, March 15th will be paid a dividend of $0.12 per share on Monday, March 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Thursday, March 14th. View World Wrestling Entertainment's Dividend History.

How were World Wrestling Entertainment's earnings last quarter?

World Wrestling Entertainment, Inc. (NYSE:WWE) issued its quarterly earnings results on Thursday, February, 7th. The company reported $0.46 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.14. The company earned $272.50 million during the quarter, compared to the consensus estimate of $255.01 million. World Wrestling Entertainment had a return on equity of 34.02% and a net margin of 10.71%. The firm's revenue for the quarter was up 28.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share. 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, May 2nd 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, February, 7th. 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 $1.02 billion.

What price target have analysts set for WWE?

14 brokers have issued 1-year target prices for World Wrestling Entertainment's shares. Their forecasts range from $80.00 to $157.00. On average, they anticipate World Wrestling Entertainment's share price to reach $100.00 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for World Wrestling Entertainment.

What is the consensus analysts' recommendation for 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 3 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 a year. 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." (1/21/2019)
  • 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?

Media headlines about WWE stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very 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?

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), Micron Technology (MU), Netflix (NFLX), Alibaba Group (BABA), Twitter (TWTR), Canopy Growth (CGC), Advanced Micro Devices (AMD), Square (SQ), salesforce.com (CRM) and Paypal (PYPL).

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 shareholders include BlackRock Inc. (6.83%), FMR LLC (1.30%), Lord Abbett & CO. LLC (1.11%), Bank of New York Mellon Corp (0.91%), Northern Trust Corp (0.90%) and Two Sigma Advisers LP (0.82%). 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 institutional investors are selling World Wrestling Entertainment stock?

WWE stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Millennium Management LLC, Zweig DiMenna Associates LLC, Pinnacle Associates Ltd., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Two Sigma Advisers LP. Company insiders that have sold World Wrestling Entertainment company stock in the last year include 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 institutional investors are buying World Wrestling Entertainment stock?

WWE stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Samlyn Capital LLC, Norges Bank, Canada Pension Plan Investment Board, Hsbc Holdings PLC, QS Investors LLC, Royal London Asset Management Ltd. and Geode Capital Management LLC. 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 $86.71.

How big of a company is World Wrestling Entertainment?

World Wrestling Entertainment has a market capitalization of $6.77 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.

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:  367 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  675
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 3/23/2019 by MarketBeat.com Staff

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