World Wrestling Entertainment Company Profile (NYSE:WWE)

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

World Wrestling Entertainment declared a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, September 15th will be given a dividend of $0.12 per share on Monday, September 25th. This represents a $0.48 annualized dividend and a yield of 2.13%. The ex-dividend date of this dividend is Thursday, September 14th. View World Wrestling Entertainment's Dividend History.

World Wrestling Entertainment, Inc. (NYSE:WWE) released its quarterly earnings results on Thursday, July, 27th. The company reported $0.06 earnings per share for the quarter, hitting analysts' consensus estimates of $0.06. The company had revenue of $214.60 million for the quarter, compared to analysts' expectations of $209.28 million. World Wrestling Entertainment had a return on equity of 13.07% and a net margin of 3.29%. The company's revenue was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.01 earnings per share. View World Wrestling Entertainment's Earnings History.

World Wrestling Entertainment is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for World Wrestling Entertainment.

10 brokerages have issued twelve-month price targets for World Wrestling Entertainment's shares. Their forecasts range from $23.00 to $25.00. On average, they expect World Wrestling Entertainment's share price to reach $24.43 in the next twelve months. View Analyst Ratings for World Wrestling Entertainment.

Here are some recent quotes from research analysts about World Wrestling Entertainment stock:

• 1. According to Zacks Investment Research, "Shares of World Wrestling have outpaced the industry on a year-to-date basis primarily owing to record revenue growth. Recently, WWE and Groupe AB extended their partnership and signed multi-year agreement for airing WWE programming. The company also reached an agreement with Lagardère Sports that will assist it to acquire international sponsorship. We believe these initiatives will continue to boost the top line. Management is optimistic about achieving another great year of revenues and adjusted OIBDA growth. The company is targeting adjusted OIBDA of $100 million, which is nearly up 25% from 2016. WWE’s strategy of creating new content, implementing programs that will have higher customer attraction and retention power, introducing new features, expanding distribution platforms and entering into new regions will boost its revenues. However, continuous decline in pay-per-view and home entertainment revenues remains concerns." (10/12/2017)
• 2. Benchmark Co. analysts commented, "Reported sales, OIBDA and average paid subscribers all exceeded our expectations. The Company reported sales of $195M (Street: $180M / Benchmark: $180M) over adjusted OIBDA of $20.5M (Guide: $20M to $24M / Street: $21M / Benchmark: $20M). The Company reported 1.41M average paid subscribers (Guide: +1.40M / Benchmark: 1.40M)." (2/10/2017)
• 3. Needham & Company LLC analysts commented, "WWE reported 4Q16 revenue of $195mm (up 17% y/y, 4% above estimates), Adjusted OIBDA of $20.5mm (up over 4Q15 OIBDA of $4mm, 7% below estimates), and EPS of $0.10 (up over 4Q15 EPS Loss of $0.02, 19% below estimates). Based on FY17 guidance, we maintain our 2017 rev estimate at $785mm (up 8% y/y), but lower our EPS estimate to $0.57 (up 30% y/y, 11% below prior estimates) and we raise our capX estimate, owing to higher investments in programming and production facilities. Paying subs at 1/31/17 were 1.50mm (up 18% y/y), of which 1.11mm were US and 0.39mm were international. Total subs (including free trial period) at the same date were 1.68mm, up 15% y/y. Average subscribers were 1.5mm in 2016, up 25% over 2015. Content available via the OTT Network in 4Q16 was 7,000 hours, which is 4x higher than the amount available at launch in February of 2014." (2/9/2017)

Some companies that are related to World Wrestling Entertainment include Supergroup PLC (SGP), Entertainment One Ltd (ETO), Eros International PLC (EROS), DHX Media Ltd (DHXM), STV Group Plc. (STVG), Cinedigm Corp (CIDM), Bona Film Group Ltd (BONA), DTS (DTSI), FunctionX (FNCX), Lions Gate Entertainment Corp. (LGF), Pinewood Group PLC (PWS), Rentrak (RENT), Taomee Holdings Ltd (TAOM) and Twenty-First Century Fox (FOXAV).

World Wrestling Entertainment's management team includes the folowing people:

• Vincent K. McMahon, Chairman of the Board, Chief Executive Officer, Co-Founder
• George A. Barrios, Chief Financial Officer, Chief Strategy Officer
• Michael John Luisi III, President - WWE Studios
• Paul Levesque, Executive Vice President - Talent, Live Events & Creative, Director
• Casey Collins, Executive Vice President - Consumer Products
• Blake T. Bilstad, Senior Vice President, General Counsel, Secretary
• Sal Siino, Senior Vice President - Global Content Distribution & Business Development
• Michelle D. Wilson, Chief Revenue & Marketing Officer, Chief Marketing Officer
• Stephanie McMahon, Chief Brand Officer, Director
• Basil V. DeVito Jr., Sr. Advisor, Business Strategy

Shares of World Wrestling Entertainment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of World Wrestling Entertainment stock can currently be purchased for approximately $22.54.