NYSE:WWE World Wrestling Entertainment - WWE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. $91.26 +0.66 (+0.73%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$90.80▼$92.4550-Day Range$80.16▼$91.2652-Week Range$55.09▼$93.63Volume1.81 million shsAverage Volume1.10 million shsMarket Capitalization$6.79 billionP/E Ratio39.85Dividend Yield0.53%Price Target$91.70 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media World Wrestling Entertainment MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside0.5% Upside$91.70 Price TargetShort InterestBearish21.48% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth12.90%From $2.79 to $3.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsConsumer Discretionary Sector138th out of 264 stocksMotion Picture & Video Production Industry1st out of 5 stocks 2.3 Analyst's Opinion Consensus RatingWorld Wrestling Entertainment has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $91.70, World Wrestling Entertainment has a forecasted upside of 0.5% from its current price of $91.26.Amount of Analyst CoverageWorld Wrestling Entertainment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted21.48% of the float of World Wrestling Entertainment has been sold short.Short Interest Ratio / Days to CoverWorld Wrestling Entertainment has a short interest ratio ("days to cover") of 9.2.Change versus previous monthShort interest in World Wrestling Entertainment has recently decreased by 4.42%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldWorld Wrestling Entertainment has a dividend yield of 0.55%, 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 20.96%. 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 15.24% next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WWE. Previous Next 2.6 News and Social Media Coverage News SentimentWorld Wrestling Entertainment has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 13 news articles for World Wrestling Entertainment this week, compared to 9 articles on an average week.Search InterestOnly 18 people have searched for WWE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added World Wrestling Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, World Wrestling Entertainment insiders have not sold or bought any company stock.Percentage Held by Insiders38.86% 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 Institutions69.60% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for World Wrestling Entertainment are expected to grow by 12.90% in the coming year, from $2.79 to $3.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of World Wrestling Entertainment is 39.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.21.Price to Earnings Ratio vs. SectorThe P/E ratio of World Wrestling Entertainment is 39.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.97.Price to Book Value per Share RatioWorld Wrestling Entertainment has a P/B Ratio of 13.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About World Wrestling Entertainment (NYSE:WWE) StockWorld Wrestling Entertainment, Inc. is an integrated media and entertainment company, which engages in the production and distribution of content through various channels. It operates through the following business segments: Media, Live Events, and Consumer Products. The Media segment reflects the production and monetization of long-form and short-form video content across various platforms including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The Live Events segment is involved in ticket sales. The Consumer Products segment focuses on merchandising video games, toys, and apparel through licensing arrangements and direct-to-consumer sales. The company was founded by Vincent Kennedy McMahon in 1980 and is headquartered in Stamford, CT.Read More Receive WWE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for World Wrestling Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address WWE Stock News HeadlinesMarch 31, 2023 | msn.comBet On A Scripted Wrestling Match? WWE CEO Says Promotion Is Exploring The Idea, And A SaleMarch 31, 2023 | finance.yahoo.comWWE® Announces Additional Dates to the Summer 2023 Live Event Touring ScheduleApril 1, 2023 | Legacy Research (Affiliate) (Ad)Stocks are for suckers – try this insteadThis has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...March 30, 2023 | msn.comWorld Wrestling Entertainment ticks higher as company sees robust sale interestMarch 30, 2023 | ftw.usatoday.comThe 12 non-WWE wrestling events to watch during Wrestlemania weekendMarch 30, 2023 | finance.yahoo.comNXT® Battleground Set for Lowell, Massachusetts on May 28March 30, 2023 | thestreet.comWhy World Wrestling Entertainment (WWE) Is Down TodayMarch 28, 2023 | finance.yahoo.comWWE Inches Closer to SaleApril 1, 2023 | Porter & Company (Ad)Biden’s Big Lie…Biden is about to steal the 2024 election... Not through voter suppression, collision with Big Tech, or anything else you might be thinking of. March 28, 2023 | seekingalpha.comWorld Wrestling Entertainment rises on report of multiple suitorsMarch 27, 2023 | msn.comSteven Seagal's daughter has first wrestling match as she trains with WWE legend GoldustMarch 24, 2023 | finance.yahoo.comVince McMahon Reimburses WWE for Costs Tied to Sexual-Misconduct ProbeMarch 24, 2023 | finance.yahoo.comEx-WWE chief McMahon pays back $17.4 million in investigation costsMarch 24, 2023 | finance.yahoo.comWorld Wrestling Entertainment, Inc. (WWE)March 23, 2023 | foxnews.comWWE star Alexa Bliss talks 'The Masked Singer' appearance, future in wrestlingMarch 23, 2023 | americanbankingnews.comWorld Wrestling Entertainment, Inc. (NYSE:WWE) Receives Average Recommendation of "Hold" from AnalystsMarch 23, 2023 | msn.comWWE NXT ratings down against World Baseball Classic finalMarch 19, 2023 | msn.comWWE Hall of Famer hopes the future of wrestling will be "genderless"March 17, 2023 | msn.comTrish Stratus-Lita rivalry helped revolutionize women's wrestling in WWE: 'It’s everything we could ask for'March 16, 2023 | finance.yahoo.comFriday Night SmackDown® Headed to Puerto Rico the Night Before Backlash®March 15, 2023 | msn.comWWE legend Rey Mysterio kicks James Corden in the crotch to win impromptu wrestling matchMarch 13, 2023 | msn.comMr. Kennedy Says A Misdiagnosed Injury Kept Him From Becoming WWE World ChampionMarch 11, 2023 | benzinga.comROSEN, A Top Ranked Law Firm, Encourages World Wrestling Entertainment, Inc. Investors to Inquire About Securities Class Action Investigation - WWEMarch 11, 2023 | msn.com10 Valid Reasons Wrestling Fans Don't Like WWEMarch 11, 2023 | msn.comWrestling world going nuts over unbelievable WWE HOF inducteeMarch 9, 2023 | msn.comWWE legend Kane talks rise of iconic wrestling character, shares valuable life lessonMarch 9, 2023 | msn.comThe WWE Allegedly Wants To Legalize Betting On Wrestling Matches, And I Think It's A Terrible IdeaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WWE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for World Wrestling Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address WWE Company Calendar Last Earnings2/02/2023Ex-Dividend for 3/27 Dividend3/14/2023Dividend Payable3/27/2023Today3/31/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motion picture & video production Sub-IndustryMovies & Entertainment SectorConsumer Discretionary Current SymbolNYSE:WWE CUSIP98156Q10 CIK1091907 Webcorporate.wwe.com Phone(203) 352-8600Fax203-359-5151Employees870Year FoundedN/APrice Target and Rating Average Stock Price Forecast$91.70 High Stock Price Forecast$105.00 Low Stock Price Forecast$64.00 Forecasted Upside/Downside-0.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.29 Trailing P/E Ratio40.18 Forward P/E Ratio32.98 P/E GrowthN/ANet Income$195.59 million Net Margins15.15% Pretax Margin20.47% Return on Equity47.41% Return on Assets16.65% Debt Debt-to-Equity Ratio0.75 Current Ratio1.45 Quick Ratio1.44 Sales & Book Value Annual Sales$1.29 billion Price / Sales5.30 Cash Flow$4.35 per share Price / Cash Flow21.15 Book Value$6.95 per share Price / Book13.24Miscellaneous Outstanding Shares74,450,000Free Float45,516,000Market Cap$6.85 billion OptionableOptionable Beta1.18 Key ExecutivesNick KhanChief Executive Officer & DirectorFrank A. RiddickPresident & Chief Financial OfficerBradley M. BlumExecutive Vice President-OperationsRajan MehtaChief Technology OfficerElisebeth B. CollinsSecretary & Compliance OfficerKey CompetitorsiQIYINASDAQ:IQPlanet FitnessNYSE:PLNTNew Oriental Education & Technology GroupNYSE:EDUBoyd GamingNYSE:BYDWhirlpoolNYSE:WHRView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 13,002 shares on 3/27/2023Ownership: 0.017%MetLife Investment Management LLCSold 585 shares on 3/23/2023Ownership: 0.039%Victory Capital Management Inc.Sold 277,443 shares on 3/10/2023Ownership: 0.889%Voya Investment Management LLCBought 189,902 shares on 2/28/2023Ownership: 0.279%Parallax Volatility Advisers L.P.Bought 600 shares on 2/27/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WWE Stock - Frequently Asked Questions Should I buy or sell World Wrestling Entertainment stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. 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. View WWE analyst ratings or view top-rated stocks. What is World Wrestling Entertainment's stock price forecast for 2023? 10 equities research analysts have issued twelve-month price objectives for World Wrestling Entertainment's shares. Their WWE share price forecasts range from $64.00 to $105.00. On average, they anticipate the company's stock price to reach $91.70 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View analysts price targets for WWE or view top-rated stocks among Wall Street analysts. How have WWE shares performed in 2023? World Wrestling Entertainment's stock was trading at $68.52 at the beginning of the year. Since then, WWE stock has increased by 34.3% and is now trading at $92.02. View the best growth stocks for 2023 here. When is World Wrestling Entertainment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our WWE earnings forecast. How were World Wrestling Entertainment's earnings last quarter? World Wrestling Entertainment, Inc. (NYSE:WWE) issued 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 firm had revenue of $325.30 million for the quarter, compared to the consensus estimate of $333.25 million. World Wrestling Entertainment had a net margin of 15.15% and a trailing twelve-month return on equity of 47.41%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.70 EPS. 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, January 26th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.12 per share on Monday, March 27th. This represents a $0.48 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Tuesday, March 14th. Read our dividend analysis for WWE. What ETFs hold World Wrestling Entertainment's stock? ETFs with the largest weight of World Wrestling Entertainment (NYSE:WWE) stock in their portfolio include Invesco Dynamic Media ETF (PBS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), SRH U.S. Quality ETF (SRHQ), WisdomTree U.S. Growth & Momentum Fund (WGRO), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco S&P MidCap Momentum ETF (XMMO), Hartford Longevity Economy ETF (HLGE) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). Is World Wrestling Entertainment a good dividend stock? World Wrestling Entertainment (NYSE:WWE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.55%. The dividend payout ratio is 20.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWE will have a dividend payout ratio of 15.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WWE. What is Vince McMahon's approval rating as World Wrestling Entertainment's CEO? 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. 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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Tesla (TSLA), Salesforce (CRM), PayPal (PYPL), Block (SQ), Micron Technology (MU) and Boeing (BA). 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 Lindsell Train Ltd (10.03%), Ninety One UK Ltd (3.47%), Principal Financial Group Inc. (1.64%), Renaissance Technologies LLC (1.32%), Clearbridge Investments LLC (1.22%) and Epoch Investment Partners Inc. (0.93%). Insiders that own company stock include Bradley Blum, Kevin Dunn, Paul Levesque, Stephanie Levesque and Stephanie Levesque. View institutional ownership trends. How do I buy shares of World Wrestling Entertainment? 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. Compare Top Brokerages Here. What is World Wrestling Entertainment's stock price today? One share of WWE stock can currently be purchased for approximately $92.02. How much money does World Wrestling Entertainment make? World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $6.85 billion and generates $1.29 billion in revenue each year. The company earns $195.59 million in net income (profit) each year or $2.29 on an earnings per share basis. How many employees does World Wrestling Entertainment have? The company employs 870 workers across the globe. How can I contact World Wrestling Entertainment? 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. This page (NYSE:WWE) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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