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

35.26  -0.31 (-0.87%)

After market: 35.26 0 (0%)

WMG Quote, Performance and Key Statistics

WARNER MUSIC GROUP CORP-CL A

NASDAQ:WMG (2/21/2025, 8:00:02 PM)

After market: 35.26 0 (0%)

35.26

-0.31 (-0.87%)

Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryMovies & Entertainment
Statistics
52 Week High36.64
52 Week Low27.06
Market Cap18.35B
Shares520.36M
Float141.42M
Yearly Dividend0.7
Dividend Yield2.05%
PE28.44
Fwd PE23.7
Earnings (Next)05-07 2025-05-07/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 5 10 15 20

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 0 5 10

The current stock price of WMG is 35.26 USD. In the past month the price increased by 17.34%. In the past year, price increased by 2.56%.

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

WMG Competitors/Peers

The largest stocks on the US markets in the "Movies & Entertainment" sub-industry
Full List
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Name
TA
FA
PE
Market Cap
NFLX NETFLIX INC 50.59 429.11B
DIS WALT DISNEY CO/THE 19.76 196.43B
SPOT SPOTIFY TECHNOLOGY SA 105.63 123.81B
LYV LIVE NATION ENTERTAINMENT IN 54.93 34.71B
TKO TKO GROUP HOLDINGS INC 36.76 27.12B
WBD WARNER BROS DISCOVERY INC N/A 26.45B
TME TENCENT MUSIC ENTERTAINM-ADR 23.57 24.30B
EDR ENDEAVOR GROUP HOLD-CLASS A 15.61 14.40B
ROKU ROKU INC N/A 12.90B
MSGS MADISON SQUARE GARDEN SPORTS 85.7 4.88B
CNK CINEMARK HOLDINGS INC 13.52 3.36B
BATRA ATLANTA BRAVES HOLDINGS IN-A N/A 2.70B

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

WARNER MUSIC GROUP CORP-CL A / WMG FAQ

What is the stock price of WARNER MUSIC GROUP CORP-CL A today?

The current stock price of WMG is 35.26 USD. The price decreased by -0.87% in the last trading session.


What is the ticker 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.


What is the price forecast or stock price prediction for WARNER MUSIC GROUP CORP-CL A stock?

24 analysts have analysed WMG and the average price target is 36.19 USD. This implies a price increase of 2.63% is expected in the next year compared to the current price of 35.26. Check the WARNER MUSIC GROUP CORP-CL A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is WARNER MUSIC GROUP CORP-CL A worth?

WARNER MUSIC GROUP CORP-CL A (WMG) has a market capitalization of 18.35B USD. This makes WMG a Large Cap stock.


How many employees does WARNER MUSIC GROUP CORP-CL A have?

WARNER MUSIC GROUP CORP-CL A (WMG) currently has 5900 employees.


What are the support and resistance levels for WARNER MUSIC GROUP CORP-CL A (WMG) stock?

WARNER MUSIC GROUP CORP-CL A (WMG) has a support level at 33.92 and a resistance level at 36.31. Check the full technical report for a detailed analysis of WMG support and resistance levels.


Is WARNER MUSIC GROUP CORP-CL A (WMG) expected to grow?

The Revenue of WARNER MUSIC GROUP CORP-CL A (WMG) is expected to grow by 2.32% in the next year. Check the estimates tab for more information on the WMG EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy WARNER MUSIC GROUP CORP-CL A (WMG) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does WARNER MUSIC GROUP CORP-CL A (WMG) stock pay dividends?

WARNER MUSIC GROUP CORP-CL A (WMG) has a dividend yield of 2.05%. The yearly dividend amount is currently 0.7. Check the full fundamental report for a detailed analysis of WMG dividend history, reliability and sustainability.


When does WARNER MUSIC GROUP CORP-CL A (WMG) report earnings?

WARNER MUSIC GROUP CORP-CL A (WMG) will report earnings on 2025-05-07, after the market close.


What is the Price/Earnings (PE) ratio of WARNER MUSIC GROUP CORP-CL A (WMG)?

The PE ratio for WARNER MUSIC GROUP CORP-CL A (WMG) is 28.44. This is based on the reported non-GAAP earnings per share of 1.24 and the current share price of 35.26 USD. Check the full fundamental report for a full analysis of the valuation metrics for WMG.


What is the Short Interest ratio of WARNER MUSIC GROUP CORP-CL A (WMG) stock?

The outstanding short interest for WARNER MUSIC GROUP CORP-CL A (WMG) is 6.23% of its float. Check the ownership tab for more information on the WMG short interest.


WMG Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to WMG. When comparing the yearly performance of all stocks, WMG turns out to be only a medium performer in the overall market: it outperformed 68.24% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

WMG Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to WMG. WMG has an excellent profitability rating, but 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 1.24. The EPS increased by 29.17% compared to the year before.


Industry RankSector Rank
PM (TTM) 7.96%
ROA 5.52%
ROE 92.66%
Debt/Equity 7.26
Chartmill High Growth Momentum
EPS Q2Q%36.36%
Sales Q2Q%-4.69%
EPS 1Y (TTM)29.17%
Revenue 1Y (TTM)0.75%

WMG Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 73% to WMG. The Buy consensus is the average rating of analysts ratings from 24 analysts.

For the next year, analysts expect an EPS growth of 23.5% and a revenue growth 2.32% for WMG


Ownership
Inst Owners103.2%
Ins Owners2.02%
Short Float %6.23%
Short Ratio4.9
Analysts
Analysts73.33
Price Target36.19 (2.64%)
EPS Next Y23.5%
Revenue Next Year2.32%