Market closed
Warner Music Group/$WMG
14:30
16:10
17:45
19:25
21:00
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
31.55
P/E ratio
$1.04
EPS
1.37
Beta
$0.69
Dividend rate
2.19%
Dividend yield
Price and volume
Market cap
$17B
Beta
1.37
52-week high
$38.05
52-week low
$27.06
Average daily volume
1.4M
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)
31.55
Price to revenue (TTM)
2.665
Price to book
35.27
Price to tangible book (TTM)
-4.28
Price to free cash flow (TTM)
35.208
Dividend yield (TTM)
2.10%
Forward dividend yield
2.19%
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
M&A will have big uptick in Trump administration, says Warner Music Group chair Michael Lynton
CNBC Television·2 days ago
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, November 21, 2024
GlobeNewsWire·2 weeks ago
Warner Music Hit By Streaming Volatility And Execution Risks: Analyst
Benzinga·1 month ago
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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
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 08, 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 31.55 as of November 08, 2024.
Does Warner Music Group stock pay dividends?
Yes, the Warner Music Group (WMG) stock pays dividends to shareholders. As of November 08, 2024, the dividend rate is $0.69 and the yield is 2.19%. 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 date is unconfirmed.
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.