NYSE:WWEWorld Wrestling Entertainment Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $46.27 +1.24 (+2.75 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$45.23Now: $46.27▼$46.9450-Day Range$36.27MA: $42.31▼$46.0652-Week Range$29.10Now: $46.27▼$78.76Volume995,365 shsAverage Volume675,398 shsMarket Capitalization$3.58 billionP/E Ratio36.72Dividend Yield1.04%Beta1.47 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingWorld Wrestling Entertainment has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 10 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.80, World Wrestling Entertainment has a potential upside of 20.6% from its current price of $46.27.Amount of Analyst CoverageWorld Wrestling Entertainment has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesWorld Wrestling Entertainment has received 463 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWorld Wrestling Entertainment has received 408 “underperform” votes. (Add your “underperform” vote.)Community SentimentWorld Wrestling Entertainment has received 53.16% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipWorld Wrestling Entertainment is a leading dividend payer. It pays a dividend yield of 1.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWorld Wrestling Entertainment does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of World Wrestling Entertainment is 56.47 %. 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 30.19 % next year. This indicates that World Wrestling Entertainment will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, World Wrestling Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,386,496.00 in company stock.Percentage Held by Insiders40.20% 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 Institutions72.84% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for World Wrestling Entertainment are expected to grow by 22.31% in the coming year, from $1.30 to $1.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of World Wrestling Entertainment is 36.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.56.Price to Earnings Ratio vs. SectorThe P/E ratio of World Wrestling Entertainment is 36.72, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 25.59.Price to Book Value per Share RatioWorld Wrestling Entertainment has a P/B Ratio of 11.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Motion picture & video production Sub-IndustryMovies & Entertainment SectorConsumer Discretionary Current SymbolNYSE:WWE Previous Symbol CUSIP98156Q10 CIK1091907 Webcorporate.wwe.com Phone203-352-8600Debt Debt-to-Equity Ratio1.33 Current Ratio1.31 Quick Ratio1.29Price-To-Earnings Trailing P/E Ratio36.72 Forward P/E Ratio35.59 P/E GrowthN/A Sales & Book Value Annual Sales$960.40 million Price / Sales3.73 Cash Flow$2.15 per share Price / Cash Flow21.51 Book Value$3.90 per share Price / Book11.86Profitability EPS (Most Recent Fiscal Year)$0.85 Net Income$77.06 million Net Margins10.45% Return on Equity40.28% Return on Assets12.62%Miscellaneous Employees915 Outstanding Shares77,420,000Market Cap$3.58 billion Next Earnings Date7/23/2020 (Estimated) OptionableOptionable WWE Rates by TradingView Receive WWE News and Ratings via Email Sign-up to receive the latest news and ratings for WWE and its competitors with MarketBeat's FREE daily newsletter. World Wrestling Entertainment (NYSE:WWE) Frequently Asked Questions How has World Wrestling Entertainment's stock been impacted by COVID-19 (Coronavirus)? World Wrestling Entertainment's stock was trading at $38.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WWE stock has increased by 19.5% and is now trading at $46.27. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for World Wrestling Entertainment. When is World Wrestling Entertainment's next earnings date? World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for World Wrestling Entertainment. How were World Wrestling Entertainment's earnings last quarter? World Wrestling Entertainment, Inc. (NYSE:WWE) announced its quarterly earnings results on Thursday, April, 23rd. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.06. The business earned $291 million during the quarter, compared to the consensus estimate of $259.45 million. World Wrestling Entertainment had a return on equity of 40.28% and a net margin of 10.45%. The firm's revenue was up 59.5% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.11) EPS. View World Wrestling Entertainment's earnings history. 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, April 16th. Investors of record on Monday, June 15th will be paid a dividend of $0.12 per share on Thursday, June 25th. This represents a $0.48 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Friday, June 12th. View World Wrestling Entertainment's dividend history. What price target have analysts set for WWE? 14 Wall Street analysts have issued 1 year price objectives for World Wrestling Entertainment's stock. Their forecasts range from $30.00 to $100.00. On average, they expect World Wrestling Entertainment's stock price to reach $55.80 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for World Wrestling Entertainment. Has World Wrestling Entertainment been receiving favorable news coverage? Press coverage about WWE stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. World Wrestling Entertainment earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutWorld Wrestling Entertainment. Are investors shorting World Wrestling Entertainment? World Wrestling Entertainment saw a drop in short interest in May. As of May 15th, there was short interest totaling 8,120,000 shares, a drop of 14.9% from the April 30th total of 9,540,000 shares. Based on an average daily volume of 1,760,000 shares, the short-interest ratio is currently 4.6 days. Approximately 17.8% of the shares of the company are short sold. View World Wrestling Entertainment's Current Options Chain. Who are some of World Wrestling Entertainment's key competitors? Some companies that are related to World Wrestling Entertainment include Walt Disney (DIS), Live Nation Entertainment (LYV), Viacom (VIAB), News (NWSA), Madison Square Garden (MSG), Cinemark (CNK) and Reading International (RDI). View all 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 Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Twitter (TWTR), AT&T (T), Tesla (TSLA), Micron Technology (MU), Roku (ROKU) and Activision Blizzard (ATVI). Who are World Wrestling Entertainment's key executives? World Wrestling Entertainment's management team includes the following 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) 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 a number of retail and institutional investors. Top institutional investors include Lindsell Train Ltd (11.84%), BlackRock Inc. (5.24%), Clearbridge Investments LLC (2.37%), Eminence Capital LP (2.16%), State Street Corp (1.39%) and Korea Investment CORP (1.38%). Company insiders that own World Wrestling Entertainment stock include Bradley Blum, Frank A Riddick III, George A Barrios, Jeffrey R Speed, Kevin Dunn, Mark Kowal, Michael J Luisi, Michelle D Wilson, Patricia A Gottesman, Paul Levesque and Vincent K Mcmahon. View institutional ownership trends for World Wrestling Entertainment. Which major investors are selling World Wrestling Entertainment stock? WWE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, Deutsche Bank AG, Pinnacle Associates Ltd., New York State Common Retirement Fund, BlackRock Inc., and Clearbridge Investments LLC. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, George A Barrios, Kevin Dunn, Michelle D Wilson, Patricia A Gottesman, and Paul Levesque. View insider buying and selling activity for World Wrestling Entertainment. Which major investors are buying World Wrestling Entertainment stock? WWE stock was bought by a variety of institutional investors in the last quarter, including Eminence Capital LP, Balyasny Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., and Quantitative Investment Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is World Wrestling Entertainment's stock price today? One share of WWE stock can currently be purchased for approximately $46.27. How big of a company is World Wrestling Entertainment? World Wrestling Entertainment has a market capitalization of $3.58 billion and generates $960.40 million in revenue each year. The company earns $77.06 million in net income (profit) each year or $0.85 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 corporate.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] This page was last updated on 5/31/2020 by MarketBeat.com Staff
