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Warner Music Group/$WMG
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1D1W1MYTD1Y5YMAX
About Warner Music Group
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.
Ticker
$WMG
Sector
Communication Services
Trading on
Industry
Entertainment
Headquarters
Employees
5,900
Website
WMG Metrics
BasicAdvanced
$17B
Market cap
32.30
P/E ratio
$1.04
EPS
1.37
Beta
$0.69
Dividend rate
2.14%
Dividend yield
Price and volume
Market cap
$17B
Beta
1.37
52-week high
$38.05
52-week low
$27.06
Average daily volume
1.2M
Dividend rate
$0.69
Financial strength
Current ratio
0.695
Quick ratio
0.512
Long term debt to equity
662.992
Total debt to equity
669.764
Dividend payout ratio (TTM)
65.20%
Interest coverage (TTM)
5.63%
Management effectiveness
Return on assets (TTM)
7.42%
Return on equity (TTM)
125.05%
Valuation
Price to earnings (TTM)
32.298
Price to revenue (TTM)
2.728
Price to book
36.1
Price to tangible book (TTM)
-4.38
Price to free cash flow (TTM)
36.043
Dividend yield (TTM)
2.05%
Forward dividend yield
2.14%
Growth
Revenue change (TTM)
7.30%
Earnings per share change (TTM)
27.93%
3-year revenue growth (CAGR)
8.11%
3-year earnings per share growth (CAGR)
25.54%
3-year dividend per share growth (CAGR)
12.31%
What the Analysts think about WMG
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Warner Music Group stock.
WMG Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
WMG Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
WMG News
AllArticlesVideos
Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2024
GlobeNewsWire·10 hours ago
Warner Music Group Corp. Announces Quarterly Cash Dividend
GlobeNewsWire·2 weeks ago
M&A will have big uptick in Trump administration, says Warner Music Group chair Michael Lynton
CNBC Television·2 weeks ago
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Capital at risk
Market closed
Upcoming events
Dec
3
Warner Music Group
Dividend·Payment
$0.18
Per share
FAQs
What’s the current market cap for Warner Music Group stock?
Warner Music Group (WMG) has a market cap of $17B as of November 21, 2024.
What is the P/E ratio for Warner Music Group stock?
The price to earnings (P/E) ratio for Warner Music Group (WMG) stock is 32.3 as of November 21, 2024.
Does Warner Music Group stock pay dividends?
Yes, the Warner Music Group (WMG) stock pays dividends to shareholders. As of November 21, 2024, the dividend rate is $0.69 and the yield is 2.14%. Warner Music Group has a payout ratio of 65.2% on a trailing twelve-month basis.
When is the next Warner Music Group dividend payment date?
The next Warner Music Group (WMG) dividend payment is scheduled for December 03, 2024.
What is the beta indicator for Warner Music Group?
Warner Music Group (WMG) has a beta rating of 1.37. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.