WARNER MUSIC GROUP

NASDAQ: WMG (Warner Music Group Corp.)

Last update: 15 hours ago

32.34

0.17 (0.53%)

Previous Close 32.17
Open 32.22
Volume 841,435
Avg. Volume (3M) 1,540,150
Market Cap 16,751,925,248
Price / Earnings (TTM) 38.96
Price / Earnings (Forward) 23.70
Price / Sales 2.73
Price / Book 36.10
52 Weeks Range
27.06 (-16%) — 38.05 (17%)
Earnings Date 5 Feb 2025 - 10 Feb 2025
TTM Dividend Yield 2.17%
Profit Margin 8.56%
Operating Margin (TTM) 14.48%
Diluted EPS (TTM) 1.04
Quarterly Revenue Growth (YOY) -0.60%
Quarterly Earnings Growth (YOY) 13.90%
Total Debt/Equity (MRQ) 669.76%
Current Ratio (MRQ) 0.690
Operating Cash Flow (TTM) 788.00 M
Levered Free Cash Flow (TTM) 686.12 M
Return on Assets (TTM) 7.42%
Return on Equity (TTM) 125.05%

Market Trend

Short Term Medium Term
Industry Entertainment (US) Bullish Bullish
Entertainment (Global) Bullish Bullish
Stock Warner Music Group Corp. Bearish Bearish

AIStockmoo Score

-0.6
Analyst Consensus -0.5
Insider Activity NA
Price Volatility 1.0
Technical Moving Averages -2.5
Technical Oscillators -0.5
Average -0.63

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Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm’s revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner’s remaining revenue comes from its publishing business, where Warner Chappell represents more than 150,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner’s voting rights, while holding a 73% economic interest.

Sector Communication Services
Industry Entertainment
Investment Style Mid Growth
% Held by Insiders 6.39%
% Held by Institutions 109.16%

Ownership

Name Date Shares Held
Darlington Partners Capital Management, Lp 30 Sep 2024 8,870,280
Mawer Investment Management Ltd. 30 Sep 2024 8,217,467
Ako Capital Llp 30 Sep 2024 6,862,125
D1 Capital Partners L.P. 30 Sep 2024 5,264,498
Caledonia (Private) Investments Pty Ltd 30 Sep 2024 3,699,438
52 Weeks Range
27.06 (-16%) — 38.05 (17%)
Price Target Range
30.00 (-7%) — 44.00 (36%)
High 44.00 (Guggenheim, 36.05%) Buy
44.00 (Tigress Financial, 36.05%) Buy
Median 34.50 (6.68%)
Low 30.00 (B of A Securities, -7.24%) Sell
30.00 (Macquarie, -7.24%) Hold
Average 36.00 (11.32%)
Total 3 Buy, 4 Hold, 1 Sell
Avg. Price @ Call 31.46
Firm Date Target Price Call Price @ Call
Citigroup 29 Nov 2024 34.00 (5.13%) Hold 32.52
Loop Capital 25 Nov 2024 35.00 (8.23%) Hold 32.05
Barclays 22 Nov 2024 31.00 (-4.14%) Hold 31.85
Guggenheim 22 Nov 2024 44.00 (36.05%) Buy 31.85
JP Morgan 22 Nov 2024 40.00 (23.69%) Buy 31.85
Macquarie 22 Nov 2024 30.00 (-7.24%) Hold 31.85
11 Oct 2024 30.00 (-7.24%) Hold 31.14
B of A Securities 04 Oct 2024 30.00 (-7.24%) Sell 31.14
Tigress Financial 12 Sep 2024 44.00 (36.05%) Buy 28.57

No data within this time range.

TTM Dividend Yield 2.17%
4Y Average Dividend Yield 1.37%
Payout Ratio 65.38%
Expected Next Dividend Payment Jun 2025
Ex Date Announcement Date Payment Date Details
19 Nov 2024 - 03 Dec 2024 0.18 Cash
27 Aug 2024 - 04 Sep 2024 0.18 Cash
22 May 2024 - 03 Jun 2024 0.17 Cash
21 Feb 2024 - 01 Mar 2024 0.17 Cash
20 Nov 2023 - 01 Dec 2023 0.17 Cash
23 Aug 2023 - 01 Sep 2023 0.17 Cash
22 May 2023 - 01 Jun 2023 0.16 Cash
17 Feb 2023 - 01 Mar 2023 0.16 Cash
21 Nov 2022 - 01 Dec 2022 0.16 Cash
23 Aug 2022 - 01 Sep 2022 0.16 Cash
20 May 2022 - 01 Jun 2022 0.15 Cash
17 Feb 2022 - 01 Mar 2022 0.15 Cash
22 Nov 2021 - 01 Dec 2021 0.15 Cash
24 Aug 2021 - 01 Sep 2021 0.15 Cash
21 May 2021 - 01 Jun 2021 0.12 Cash
19 Feb 2021 - 01 Mar 2021 0.12 Cash
23 Nov 2020 - 01 Dec 2020 0.12 Cash
24 Aug 2020 - 01 Sep 2020 0.12 Cash
Show more

Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2024 0.700 4 2.17
2023 0.660 4 1.84
2022 0.620 4 1.77
2021 0.540 4 1.25
2020 0.240 2 0.63

The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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