World Wrestling Entertainment - WWE Stock Forecast, Price & News

11 Wall Street equities research 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 6 buy ratings for the stock. The consensus among Wall Street equities research 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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11 equities research analysts have issued 1-year target prices for World Wrestling Entertainment's shares. Their WWE share price forecasts range from $50.00 to $98.00. On average, they expect the company's share price to reach $77.80 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price.
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World Wrestling Entertainment's stock was trading at $49.34 on January 1st, 2022. Since then, WWE stock has increased by 37.7% and is now trading at $67.96.
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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) issued its earnings results on Tuesday, August, 16th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $328.20 million for the quarter, compared to analyst estimates of $322.38 million. World Wrestling Entertainment had a trailing twelve-month return on equity of 55.00% and a net margin of 18.12%. The business's revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period in the prior 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 given a dividend of $0.12 per share on Monday, September 26th. This represents a $0.48 annualized dividend and a dividend yield of 0.71%. 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 0.71%. The dividend payout ratio is 18.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWE will have a dividend payout ratio of 17.27% 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 updated its second quarter 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share 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 many different 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 $67.96.

World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $5.06 billion and generates $1.10 billion in revenue each year. The company earns $177.41 million in net income (profit) each year or $2.63 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.