Universal Music Group/UMG

-2.38%
-
1D1W1MYTD1YMAX

About Universal Music Group

Universal Music Group NV is a company based in the Netherlands which is mainly engaged in music entertainment. The Company is focused on the discovery and development of artists and songwriters and the marketing, promotion, distribution, sales and licensing of audio and audio-visual content. Universal Music Group N.V. includes music publishing companies Universal Music Publishing Group. Its recorded music catalog consists more than three million recordings includes a wide array of performers such as ABBA, Louis Armstrong, The Beatles, The Beach Boys, The Bee Gees, Ariana Grande, Imagine Dragons, Lady Gaga, James Brown, Bon Jovi, Neil Diamond, Marvin Gaye, Drake, Billie Eilish, Eminem, Selena Gomez Guns N’ Roses, Elton John, Bob Marley, Paul McCartney, Nirvana, Luciano Pavarotti, Queen, The Rolling Stones, Frank Sinatra, U2, Amy Winehouse and Stevie Wonde,r among others.

Ticker

UMG

Sector

Consumer Cyclicals

Trading on

AEX

Industry

Business Services

CEO

Lucian Grainge

Employees

10,000

Headquarters

Hilversum, Netherlands

UMG Metrics

BasicAdvanced
€49.45B
Market cap
39.56
P/E ratio
€0.68
EPS
-
Beta
€0.66
Dividend rate
1.89%
Dividend yield
€49.45B
€29.05
€18.29
1.15M
€0.66
0.647
0.614
72.586
84.875
95.9%
92.584
10.21%
47.39%
21.19%
39.558
4.451
16.628
54.396
2.45%
1.89%
7.43%
58.46%
14.33%
-3.19%

What the Analysts think about UMG

Analyst Ratings

Majority rating from 23 analysts.
Buy

Price Targets

Average projection from 20 analysts.
7.77% upside
High €34.00
Low €12.00
€27.04
Current price
€29.14
Average price target

UMG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.63% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
€5.96B
15.77%
Net income
€634M
1.44%
Profit margin
10.63%
-12.44%

UMG Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 8.6%
QuarterlyAnnual
Q2 22
Q2 23
Q4 23
Q2 24
Actual
€0.42
€0.41
€0.47
-
Expected
€0.33
€0.32
€0.43
€0.46
Surprise
27.27%
26.8%
8.6%
-
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and Euronext. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Universal Music Group stock?

Universal Music Group (UMG) has a market cap of €49.45B as of April 15, 2024.

What is the P/E ratio for Universal Music Group stock?

The price to earnings (P/E) ratio for Universal Music Group (UMG) stock is 39.56 as of April 15, 2024.

Does Universal Music Group stock pay dividends?

Yes, the Universal Music Group (UMG) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is €0.663 and the yield is 1.89%. Universal Music Group has a payout ratio of 95.9% on a trailing twelve-month basis.

When is the next Universal Music Group dividend payment date?

The next Universal Music Group (UMG) dividend payment is scheduled for June 11, 2024.

What is the beta indicator for Universal Music Group?

Universal Music Group (UMG) does not currently have a Beta indicator.

What is the Universal Music Group stock price target?

The target price for Universal Music Group (UMG) stock is €29.14, which is 7.77% above the current price of €27.04. This is an average based on projections from 20 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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