OTCMKTS:UMGNF

Universal Music Group (UMGNF) Stock Forecast, Price & News

$25.09

-0.28 (-1.10%)

(As of 09/26/2023 ET)

Compare

Today's Range: $25.01
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$25.26
50-Day Range: $23.35
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$26.24
52-Week Range: $16.35
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$26.83

Volume: 51,604 shs
Average Volume: 13,227 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.00

Profile Analyst Ratings Chart Competitors Headlines

About Universal Music Group (OTCMKTS:UMGNF) Stock

Universal 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.

UMGNF Price History

30 days | 90 days | 365 days | Advanced Chart

UMGNF Stock News Headlines

September 24, 2023 | msn.com

Universal Music Group: Bullish Long-Term Trends With Price Hike Potential

September 24, 2023 | finance.yahoo.com

Universal Music Group (AMS:UMG) Is Paying Out A Dividend Of €0.24

September 27, 2023 | Wall Street Fundamentals (Ad)

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September 18, 2023 | msn.com

Universal Music Group Is Offering Scholarships To Black Students That Want To Become Doctors

September 17, 2023 | americanbankingnews.com

Morgan Stanley Initiates Coverage on Universal Music Group (OTCMKTS:UMGNF)

September 15, 2023 | markets.businessinsider.com

Morgan Stanley Reaffirms Their Buy Rating on Universal Music Group (UMGNF)

September 11, 2023 | msn.com

Naoshi Fujikura on Universal Music Japan Strategy for Producing Global Stars & Future Goals: Interview

September 7, 2023 | finance.yahoo.com

Universal Music and Deezer reveal an ‘artist-centric’ music-streaming model that most artists won’t like

September 27, 2023 | Edge On The Street (Ad)

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September 6, 2023 | msn.com

Universal Music Group lands new royalty model that boosts popular artists

September 6, 2023 | finance.yahoo.com

Universal Music: Deezer deal is symbolic but not yet a game-changer

September 6, 2023 | marketwatch.com

Universal Music Group, Deezer to Partner on New Streaming Service

August 30, 2023 | finanznachrichten.de

Universal Music Group N.V.: Universal Music Group Acquires Chabaka Music, UAE-Based Digitally-Focused Music Marketing and Distribution Agency

August 30, 2023 | finance.yahoo.com

Universal Music Group Acquires Chabaka Music, UAE-Based Digitally-Focused Music Marketing and Distribution Agency

August 29, 2023 | finance.yahoo.com

UK Needs Tough Rules on AI Using Copyrighted Data, Lawmakers Say

August 26, 2023 | usatoday.com

R. Kelly, Universal Music Group ordered to pay $507K in royalties for victims, judge says

August 26, 2023 | news.yahoo.com

Judge Orders Universal Music Group To Give R. Kelly’s Remaining Royalties Of $567K To His Victims

August 26, 2023 | msn.com

YouTube join forces with Universal Music on its Music AI Incubator

August 25, 2023 | nypost.com

R. Kelly’s $520K in Universal Music royalties must go to sex abuse victims

August 25, 2023 | msn.com

R. Kelly and Universal Music Group to pay R9.7 million in royalties to his victims, judge orders

August 25, 2023 | msn.com

R Kelly, Universal Music Group ordered to pay $500K in restitution and fines

August 25, 2023 | uk.style.yahoo.com

R. Kelly and Universal Music Group to pay $520,549 in royalties to his victims, judge orders

August 24, 2023 | msn.com

R. Kelly’s Universal Music royalties must go to sex abuse victims, judge rules

August 24, 2023 | msn.com

R. Kelly and Universal Music Must Pay Over Half-Million Dollars in Music Royalties to Victims, Judge Rules

August 24, 2023 | yahoo.com

R. Kelly’s Music Royalties at UMG Must Go to Sex Abuse Victims, Judge Says

August 21, 2023 | msn.com

YouTube sets up Music AI incubator, teaming with Universal Music

August 21, 2023 | techcrunch.com

YouTube is working on a plan to compensate artists and rightsholders for AI music

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Entertainment
Sub-Industry: N/A
Sector: Communication Services
Current Symbol: OTCMKTS:UMGNF
CUSIP: N/A
CIK: N/A
Web: www.universalmusic.com
Phone: 31-88-626-1500
Fax: N/A
Employees: 9,709
Year Founded: N/A

Price 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 Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Sir Lucian Grainge CBE (Age 63)
Chairman & CEO
Comp: $50.83M

Mr. Vincent Vallejo (Age 62)
Deputy CEO, Corp. & Exec. Director
Comp: $2.82M

Mr. 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

Key Competitors

View 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

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