OTCMKTS:UMGNF Universal Music Group (UMGNF) Stock Forecast, Price & News $25.09 -0.28 (-1.10%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$25.01▼$25.2650-Day Range$23.35▼$26.2452-Week Range$16.35▼$26.83Volume51,604 shsAverage Volume13,227 shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/APrice Target$24.00 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesProfileAnalyst RatingsChartCompetitorsHeadlines About Universal Music Group (OTCMKTS:UMGNF) StockUniversal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.Read More UMGNF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UMGNF Stock News HeadlinesSeptember 24, 2023 | msn.comUniversal Music Group: Bullish Long-Term Trends With Price Hike PotentialSeptember 24, 2023 | finance.yahoo.comUniversal Music Group (AMS:UMG) Is Paying Out A Dividend Of €0.24September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 18, 2023 | msn.comUniversal Music Group Is Offering Scholarships To Black Students That Want To Become DoctorsSeptember 17, 2023 | americanbankingnews.comMorgan Stanley Initiates Coverage on Universal Music Group (OTCMKTS:UMGNF)September 15, 2023 | markets.businessinsider.comMorgan Stanley Reaffirms Their Buy Rating on Universal Music Group (UMGNF)September 11, 2023 | msn.comNaoshi Fujikura on Universal Music Japan Strategy for Producing Global Stars & Future Goals: InterviewSeptember 7, 2023 | finance.yahoo.comUniversal Music and Deezer reveal an ‘artist-centric’ music-streaming model that most artists won’t likeSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. September 6, 2023 | msn.comUniversal Music Group lands new royalty model that boosts popular artistsSeptember 6, 2023 | finance.yahoo.comUniversal Music: Deezer deal is symbolic but not yet a game-changerSeptember 6, 2023 | marketwatch.comUniversal Music Group, Deezer to Partner on New Streaming ServiceAugust 30, 2023 | finanznachrichten.deUniversal Music Group N.V.: Universal Music Group Acquires Chabaka Music, UAE-Based Digitally-Focused Music Marketing and Distribution AgencyAugust 30, 2023 | finance.yahoo.comUniversal Music Group Acquires Chabaka Music, UAE-Based Digitally-Focused Music Marketing and Distribution AgencyAugust 29, 2023 | finance.yahoo.comUK Needs Tough Rules on AI Using Copyrighted Data, Lawmakers SayAugust 26, 2023 | usatoday.comR. Kelly, Universal Music Group ordered to pay $507K in royalties for victims, judge saysAugust 26, 2023 | news.yahoo.comJudge Orders Universal Music Group To Give R. Kelly’s Remaining Royalties Of $567K To His VictimsAugust 26, 2023 | msn.comYouTube join forces with Universal Music on its Music AI IncubatorAugust 25, 2023 | nypost.comR. Kelly’s $520K in Universal Music royalties must go to sex abuse victimsAugust 25, 2023 | msn.comR. Kelly and Universal Music Group to pay R9.7 million in royalties to his victims, judge ordersAugust 25, 2023 | msn.comR Kelly, Universal Music Group ordered to pay $500K in restitution and finesAugust 25, 2023 | uk.style.yahoo.comR. Kelly and Universal Music Group to pay $520,549 in royalties to his victims, judge ordersAugust 24, 2023 | msn.comR. Kelly’s Universal Music royalties must go to sex abuse victims, judge rulesAugust 24, 2023 | msn.comR. Kelly and Universal Music Must Pay Over Half-Million Dollars in Music Royalties to Victims, Judge RulesAugust 24, 2023 | yahoo.comR. Kelly’s Music Royalties at UMG Must Go to Sex Abuse Victims, Judge SaysAugust 21, 2023 | msn.comYouTube sets up Music AI incubator, teaming with Universal MusicAugust 21, 2023 | techcrunch.comYouTube is working on a plan to compensate artists and rightsholders for AI musicSee More Headlines Receive UMGNF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Universal Music Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeOTCMKTS Industry Entertainment Sub-IndustryN/A SectorCommunication Services Current SymbolOTCMKTS:UMGNF CUSIPN/A CIKN/A Webwww.universalmusic.com Phone31-88-626-1500FaxN/AEmployees9,709Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside-4.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesSir Lucian Grainge CBE (Age 63)Chairman & CEO Comp: $50.83MMr. Vincent Vallejo (Age 62)Deputy CEO, Corp. & Exec. Director Comp: $2.82MMr. Boyd Muir (Age 64)Exec. VP, CFO & Pres of Operations Mr. Will Tanous (Age 54)Exec. VP & Chief Admin. Officer Mr. Jeffrey Harleston (Age 61)Gen. Counsel and Exec. VP of Bus. & Legal Affairs Mr. Eric Hutcherson (Age 53)Exec. VP and Chief People & Inclusion Officer Mr. Michael Nash (Age 66)Exec. VP & Chief Digital Officer Mr. Philippe Flageul (Age 58)Exec. VP & Controller Ms. Jody Gerson (Age 62)Chairman & CEO for Universal Music Publishing Group More ExecutivesKey CompetitorsAFC AjaxOTCMKTS:AFCJFAlliance EntertainmentNASDAQ:AENTWAtresmedia Corporación de Medios de ComunicaciónOTCMKTS:ATVDYBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf AktienOTCMKTS:BORUFCelticOTCMKTS:CLTFFView All Competitors UMGNF Stock - Frequently Asked Questions Should I buy or sell Universal Music Group stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Music Group in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" UMGNF shares. View UMGNF analyst ratings or view top-rated stocks. What is Universal Music Group's stock price forecast for 2023? 4 Wall Street analysts have issued 12-month price targets for Universal Music Group's shares. Their UMGNF share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 4.3%. View analysts price targets for UMGNF or view top-rated stocks among Wall Street analysts. How have UMGNF shares performed in 2023? Universal Music Group's stock was trading at $24.02 at the start of the year. Since then, UMGNF stock has increased by 4.4% and is now trading at $25.0850. View the best growth stocks for 2023 here. What is Universal Music Group's stock symbol? Universal Music Group trades on the OTCMKTS under the ticker symbol "UMGNF." How do I buy shares of Universal Music Group? Shares of UMGNF 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 Universal Music Group's stock price today? One share of UMGNF stock can currently be purchased for approximately $25.09. How many employees does Universal Music Group have? The company employs 9,709 workers across the globe. How can I contact Universal Music Group? Universal Music Group's mailing address is S-Gravelandseweg 80, Hilversum 1217 EW, Netherlands. The official website for the company is www.universalmusic.com. The company can be reached via phone at 31-88-626-1500. This page (OTCMKTS:UMGNF) was last updated on 9/27/2023 by MarketBeat.com Staff 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 Universal Music Group Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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