Logo image of WMG

WARNER MUSIC GROUP CORP-CL A (WMG) Stock Price, Quote, News and Overview

NASDAQ:WMG - Nasdaq - US9345502036 - Common Stock - Currency: USD

31.58  +0.38 (+1.22%)

After market: 31.58 0 (0%)

WMG Quote, Performance and Key Statistics

WARNER MUSIC GROUP CORP-CL A

NASDAQ:WMG (1/28/2025, 4:43:38 PM)

After market: 31.58 0 (0%)

31.58

+0.38 (+1.22%)

Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryMovies & Entertainment
Statistics
52 Week High38.05
52 Week Low27.06
Market Cap16.36B
Shares517.99M
Float133.53M
Yearly Dividend0.7
Dividend Yield2.4%
PE28.2
Fwd PE23.87
Earnings (Next)02-06 2025-02-06/amc
IPO06-03 2020-06-03


WMG short term performance overview.The bars show the price performance of WMG in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 2 4 6 8 10

WMG long term performance overview.The bars show the price performance of WMG in the last 1, 2 and 3 years. 1 year 2 years 3 years -5 -10 -15 -20 -25

The current stock price of WMG is 31.58 USD. In the past month the price increased by 0.57%. In the past year, price decreased by -13.86%.

WARNER MUSIC GROUP CORP-CL A / WMG Daily stock chart

WMG Latest News, Press Releases and Analysis

News Image
12 days ago - StockStory

3 Reasons WMG is Risky and 1 Stock to Buy Instead

Since July 2024, Warner Music Group has been in a holding pattern, posting a small loss of 4.4% while floating around $30.31. The stock also fell short of the S&P 500’s 6.6% gain during that period.

News Image
19 days ago - Warner Music Group Corp.

Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 6, 2025

NEW YORK, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, February 6, 2025, for the first...

News Image
2 months ago - Benzinga

2024 Was World's Taylor Swift Era Once Again: Spotify Reveals Top Artists, Songs, Albums, Podcasts

Taylor Swift is the most streamed artist on Spotify for a second straight year. A look at the most streamed songs, albums and artists in 2024.

News Image
2 months ago - StockStory

Winners And Losers Of Q3: The New York Times (NYSE:NYT) Vs The Rest Of The Media Stocks

As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the media industry, including The New York Times (NYSE:NYT) and its peers.

WMG Competitors/Peers

The largest stocks on the US markets in the "Movies & Entertainment" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
NFLX NETFLIX INC 49.01 415.42B
DIS WALT DISNEY CO/THE 22.61 203.08B
SPOT SPOTIFY TECHNOLOGY SA 122.3 106.59B
LYV LIVE NATION ENTERTAINMENT IN 156.52 33.09B
TKO TKO GROUP HOLDINGS INC 36.68 27.06B
WBD WARNER BROS DISCOVERY INC N/A 25.14B
TME TENCENT MUSIC ENTERTAINM-ADR 19.31 19.90B
EDR ENDEAVOR GROUP HOLD-CLASS A 15.9 14.66B
ROKU ROKU INC N/A 11.96B
MSGS MADISON SQUARE GARDEN SPORTS 75.45 5.27B
CNK CINEMARK HOLDINGS INC 18.6 3.53B
MANU MANCHESTER UNITED PLC-CL A N/A 2.68B

About WMG

Company Profile

WMG logo image Warner Music Group Corp. engages in the publishing and recording of music. The company is headquartered in New York City, New York and currently employs 5,900 full-time employees. The company went IPO on 2020-06-03. The firm brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Its record labels include Atlantic Records, Warner Records, Elektra Records, Parlophone Records, and Cloud 9 Recordings. Its recorded music segment includes labels, such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. Its music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre. The company is also home to the Alternative Distribution Alliance (ADA), which supports the independent community, as well as artist services division WMX. In addition, it counts film and television storytelling powerhouse, Warner Music Entertainment, among its many brands.

Company Info

WARNER MUSIC GROUP CORP-CL A

1633 Broadway

New York City NEW YORK 10019 US

CEO: Stephen Cooper

Employees: 5900

Company Website: https://www.wmg.com/

Investor Relations: https://investors.wmg.com/

Phone: 12122752000

WMG FAQ

What is the stock price of WMG?

The current stock price of WMG is 31.58 USD.


What is the symbol for WARNER MUSIC GROUP CORP-CL A stock?

The exchange symbol of WARNER MUSIC GROUP CORP-CL A is WMG and it is listed on the Nasdaq exchange.


On which exchange is WMG stock listed?

WMG stock is listed on the Nasdaq exchange.


Is WMG a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for WMG, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of WMG.


Does WMG stock pay dividends?

WMG has a dividend yield of 2.4%. The yearly dividend amount is currently 0.7.


When does WMG stock report earnings?

WMG will report earnings on 2025-02-06, after the market close.


What is the Price/Earnings (PE) ratio of WMG?

The PE ratio for WMG is 28.2. This is based on the reported non-GAAP earnings per share of 1.12 and the current share price of 31.58 USD.


What is the Short Interest ratio of WMG stock?

The outstanding short interest for WMG is 4.51% of its float.


WMG Technical Analysis

ChartMill assigns a technical rating of 3 / 10 to WMG. When comparing the yearly performance of all stocks, WMG is a bad performer in the overall market: 78.42% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

WMG Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to WMG. While WMG belongs to the best of the industry regarding profitability, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

WMG Financial Highlights

Over the last trailing twelve months WMG reported a non-GAAP Earnings per Share(EPS) of 1.12. The EPS increased by 30.23% compared to the year before.


Industry RankSector Rank
PM (TTM) 6.68%
ROA 4.69%
ROE 82.82%
Debt/Equity 7.75
Chartmill High Growth Momentum
EPS Q2Q%-76.47%
Sales Q2Q%2.77%
EPS 1Y (TTM)30.23%
Revenue 1Y (TTM)6.44%

WMG Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 74% to WMG. The Buy consensus is the average rating of analysts ratings from 23 analysts.

For the next year, analysts expect an EPS growth of 18.15% and a revenue growth 2.6% for WMG


Ownership
Inst Owners103.2%
Ins Owners2.02%
Short Float %4.51%
Short Ratio3.69
Analysts
Analysts73.91
Price Target36.72 (16.28%)
EPS Next Y18.15%
Revenue Next Year2.6%