World Wrestling Entertainment - WWE Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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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9 analysts have issued 12-month price targets for World Wrestling Entertainment's shares. Their WWE share price forecasts range from $64.00 to $105.00. On average, they predict the company's stock price to reach $91.70 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
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World Wrestling Entertainment's stock was trading at $68.52 at the beginning of the year. Since then, WWE stock has increased by 30.9% and is now trading at $89.72.
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World Wrestling Entertainment saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 8,980,000 shares, an increase of 17.8% from the December 31st total of 7,620,000 shares. Based on an average trading volume of 899,700 shares, the short-interest ratio is currently 10.0 days. Currently, 21.1% of the shares of the stock are sold short.
View World Wrestling Entertainment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our WWE earnings forecast.

World Wrestling Entertainment, Inc. (NYSE:WWE) announced its quarterly earnings data on Thursday, February, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.08. The business had revenue of $325.30 million for the quarter, compared to the consensus estimate of $333.25 million. World Wrestling Entertainment had a trailing twelve-month return on equity of 49.56% and a net margin of 15.15%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the firm earned $0.70 earnings per share.

World Wrestling Entertainment declared a quarterly dividend on Thursday, January 26th. Stockholders of record on Wednesday, March 15th will be paid a dividend of $0.12 per share on Monday, March 27th. This represents a $0.48 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Tuesday, March 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 0.53%. 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 15.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWE.

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 a variety of retail and institutional investors. Top institutional shareholders include Lindsell Train Ltd (10.03%), Rice Hall James & Associates LLC (0.75%), Allspring Global Investments Holdings LLC (0.20%), Rheos Capital Works Inc. (0.18%), New York State Common Retirement Fund (0.06%) and Zenyatta Capital Management LP (0.05%). 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 $89.72.

World Wrestling Entertainment (NYSE:WWE) has a market capitalization of $6.68 billion and generates $1.29 billion in revenue each year. The company earns $177.41 million in net income (profit) each year or $2.29 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.