Market closedNon-fractional
Warner Music Group/WMG
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
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
Technology
Trading on
NASDAQ
Industry
Entertainment
Headquarters
New York, United States
Employees
5,900
Website
www.wmg.com
WMG Metrics
BasicAdvanced
$15B
Market cap
29.38
P/E ratio
$1.01
EPS
1.42
Beta
$0.67
Dividend rate
2.27%
Dividend yield
Price and volume
Market cap
$15B
Beta
1.42
Dividend rate
$0.67
Financial strength
Current ratio
0.693
Quick ratio
0.505
Long term debt to equity
721.88
Total debt to equity
729.231
Dividend payout ratio (TTM)
97.92%
Interest coverage (TTM)
5.71%
Management effectiveness
Return on assets (TTM)
7.29%
Return on equity (TTM)
133.25%
Valuation
Price to earnings (TTM)
29.384
Price to revenue (TTM)
2.39
Price to book
35.37
Price to tangible book (TTM)
-3.79
Price to free cash flow (TTM)
36.037
Dividend yield (TTM)
2.27%
Growth
Revenue change (TTM)
9.90%
Earnings per share change (TTM)
23.07%
3-year revenue growth (CAGR)
10.63%
3-year earnings per share growth (CAGR)
18.45%
3-year dividend per share growth (CAGR)
23.01%
What the Analysts think about WMG
Analyst Ratings
Majority rating from 17 analysts.
WMG Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$1.5B
-14.53%
Net income
$96M
-39.62%
Profit margin
6.42%
-29.37%
WMG Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$0.23
$0.34
$0.33
$0.39
-
Expected
$0.20
$0.25
$0.43
$0.24
$0.28
Surprise
15.80%
34.34%
-23.80%
64.97%
-
WMG News
AllArticlesVideos
Warner Music Group Corp. to Conduct Earnings Conference Call on Wednesday, August 7, 2024
GlobeNewsWire·2 days ago
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 8, 2024
GlobeNewsWire·2 weeks ago
Universal or Warner: Which music stock is the one to own?
Yahoo Finance·3 weeks ago
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Market closedNon-fractional
Upcoming events
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FAQs
What’s the current market cap for Warner Music Group stock?
Warner Music Group (WMG) has a market cap of $15B as of July 27, 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 29.38 as of July 27, 2024.
Does Warner Music Group stock pay dividends?
Yes, the Warner Music Group (WMG) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $0.67 and the yield is 2.27%. Warner Music Group has a payout ratio of 97.92% 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 1.42. 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.
Buy or sell Warner Music Group stock
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