Warner Music Group (WMG) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9345502036

Warner Music Group Corp., traded on NASDAQ under the symbol WMG, is a prominent music entertainment company with operations spanning the United States, the United Kingdom, Germany, and beyond. The company's presence is felt through two main segments: Recorded Music and Music Publishing.

The Recorded Music segment focuses on artist discovery and development, along with marketing, promotion, distribution, and licensing of music by these artists. Warner Music Group's extensive array of record labels includes well-known names such as Warner Records, Atlantic Records, Asylum, Big Beat, and many others. The segment not only markets its current roster but also delves into the rich history of music through compilations, reissues, and unreleased material.

As part of its operations, Warner Music Group distributes music and video products to retail and wholesale outlets, independent labels, distribution centers, and various online platforms and streaming services.

In the Music Publishing segment, Warner Music Group acquires rights to a diverse catalog of approximately one million musical compositions. Warner Music Group represents around 150,000 songwriters and composers, covering a plethora of genres including pop, rock, jazz, classical, country, R&B, and more. Additionally, the company administers music and soundtracks for TV shows and films produced by third parties.

Founded in 1929 and headquartered in the vibrant city of New York, Warner Music Group stands as a driving force in the global music industry, continuously shaping and influencing musical landscapes across the world.

AI improved, may contain errors or wrong assumptions

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Warner Music Group (WMG) - Stock Price & Dividends

WMG Stock Overview

Market Cap in USD 18,405m
Sector Communication Services
Industry Entertainment
GiC SubIndustry Movies & Entertainment
TER 0.00%
IPO / Inception 2020-06-03

WMG Stock Ratings

Fundamental 3.60
Dividend 6.76
Growth 5y 1.87
Rel. Performance vs Sector -3.10
Analysts 3.84
Fair Price Total Ret. 31.70
Fair Price DCF 108.44

WMG Dividends

Yield 12m 1.94%
Yield on Cost 5y 2.38%
Dividends CAGR 5y 8.29%
Payout Consistency 100.0%

WMG Growth Ratios

Growth 12m 11.77%
Growth Correlation 12m 59%
Growth Correlation 3m 46%
CAGR 5y 5.65%
CAGR / Mean Drawdown 0.24
Sharpe Ratio 12m 0.23
Alpha vs SP500 12m -19.26
Beta vs SP500 5y weekly 1.05
CAPM 8.13%
Average Daily Range 2m 2.25%
Regime Oscillator 19.38
Volatility GJR Garch 1y 36.47%
Price / SMA 50 -2.4%
Price / SMA 200 9.94%
Current Volume 1140.4k
Average Volume 20d 1560.8k

External Links for WMG Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
X (Twitter)Stocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of WMG stocks?
As of February 28, 2024, the stock is trading at USD 34.52 with a total of 1,140,352 shares traded.
Over the past week, the price has changed by -2.71%, over one month by -6.83%, over three months by +4.47% and over the past year by +10.58%.
Why is WMG stock down?
Check with which Index or Commodity WMG has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return WMG Return S&P 500
1 Month -6.83% 4.00%
3 Months 4.47% 11.99%
12 Months 10.58% 29.39%
What is the forecast for WMG stock price target?
According to ValueRays Forecast Model, WMG Warner Music Group will be worth about 35 in February 2025. The stock is currently trading at 34.52. This means that the stock has a potential upside of +1.27%.
Issuer Forecast Upside
Wallstreet Target Price 37.6 9.0%
Analysts Target Price 35.1 1.6%
ValueRay Target Price 35 1.3%