Warner Music Group/WMG

13:30
14:25
15:15
16:10
17:00
1D1W1MYTD1YMAX

About Warner Music Group

Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music first and Sony Music second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.

Ticker

WMG

Sector

Technology

Trading on

NASDAQ

Industry

Entertainment

Headquarters

New York, United States

Employees

5,900
Website
www.wmg.com

WMG Metrics

BasicAdvanced
$16B
Market cap
30.41
P/E ratio
$1.01
EPS
1.42
Beta
$0.67
Dividend rate
2.19%
Dividend yield
$16B
1.42
$0.67
0.693
0.505
721.88
729.231
97.92%
5.71%
7.29%
133.25%
30.41
2.47
36.61
-3.92
37.29
2.19%
9.90%
23.07%
10.63%
18.45%
23.01%

What the Analysts think about WMG

Analyst Ratings

Majority rating from 17 analysts.
Buy

WMG Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
6.42% profit margin
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
Beat by 64.97%
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

Music labels sue AI song-generators Suno and Udio for copyright infringement

Market Watch·1 week ago

MICHAEL RYAN-SOUTHERN TO JOIN WARNER MUSIC GROUP AS EVP, CORPORATE DEVELOPMENT

PRNewsWire·4 weeks ago

Warner Music Group Corp. to Participate in J.P. Morgan Global Technology, Media and Communications Conference

GlobeNewsWire·2 months 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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

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

Warner Music Group (WMG) has a market cap of $16B as of July 03, 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 30.41 as of July 03, 2024.

Does Warner Music Group stock pay dividends?

Yes, the Warner Music Group (WMG) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $0.67 and the yield is 2.19%. 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

Buy or sell Warner Music Group stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing