31.90

0.58% 0.1545

Warner Music Group Corp (WMG)

Overview News Price History Option Chain Financials Why WMG Down? Discussions Forecast Dividend History

Warner Music Group Corp stock is traded at $31.90, with a volume of 333.48K. It is up +0.58% in the last 24 hours and up +2.92% over the past month. 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 180,000 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 72% economic interest.

Previous Close:

$31.75

Open:

$32.11

24h Volume:

333.48K

Relative Volume:

0.20

Market Cap:

$16.52B

Revenue:

$6.43B

Net Income/Loss:

$435.00M

P/E Ratio:

38.44

EPS:

0.83

Net Cash Flow:

$451.00M

1W Performance:

+0.43%

1M Performance:

+2.92%

6M Performance:

+11.47%

1Y Performance:

-11.76%

1-Day Range:

$31.74

$32.17

1-Week Range:

$29.91

$32.70

52-Week Range:

$27.06

$38.05

Warner Music Group Corp Stock (WMG) Company Profile

Name

Warner Music Group Corp

Sector

Communication Services (267)

Industry

Entertainment (54)

Phone

212-275-2000

Address

1633 BROADWAY, NEW YORK

Employee

5,800

Twitter

Next Earnings Date

2024-12-21

Latest SEC Filings

WMG's Discussions on Twitter

Compare WMG with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
WMG Warner Music Group Corp	31.97	16.52B	6.43B	435.00M	451.00M	0.83
NFLX Netflix Inc	1,017.30	434.46B	39.00B	8.71B	6.92B	19.83
DIS Walt Disney Co	111.13	202.64B	91.36B	4.97B	8.56B	2.71
LYV Live Nation Entertainment Inc	150.14	34.59B	23.32B	476.50M	662.36M	0.84
WBD Warner Bros Discovery Inc	10.27	25.02B	39.58B	-11.22B	5.31B	-4.58
FWONK Liberty Media Corp	100.28	24.88B	3.72B	278.00M	482.00M	1.15

Warner Music Group Corp Stock (WMG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-08-25	Reiterated	Guggenheim	Buy
Oct-04-24	Downgrade	BofA Securities	Neutral → Underperform
Jul-12-24	Initiated	Wolfe Research	Outperform
Jul-11-24	Resumed	Jefferies	Buy
Jul-10-24	Downgrade	Redburn Atlantic	Neutral → Sell
May-06-24	Resumed	Morgan Stanley	Overweight
Feb-05-24	Upgrade	Redburn Atlantic	Sell → Neutral
Nov-15-23	Initiated	Wells Fargo	Equal Weight
Oct-03-23	Upgrade	UBS	Neutral → Buy
Jul-25-23	Initiated	TD Cowen	Outperform
Jun-29-23	Initiated	UBS	Neutral
Jun-02-23	Downgrade	Atlantic Equities	Overweight → Neutral
Mar-22-23	Upgrade	Guggenheim	Neutral → Buy
Jan-23-23	Downgrade	Barclays	Overweight → Equal Weight
Jan-13-23	Downgrade	Guggenheim	Buy → Neutral
Dec-19-22	Upgrade	Atlantic Equities	Neutral → Overweight
Nov-23-22	Upgrade	BofA Securities	Underperform → Neutral
Oct-11-22	Initiated	Goldman	Buy
Apr-25-22	Downgrade	Redburn	Neutral → Sell
Mar-11-22	Initiated	Deutsche Bank	Buy
Jan-04-22	Upgrade	Jefferies	Hold → Buy
Dec-13-21	Upgrade	Redburn	Sell → Buy
Nov-16-21	Downgrade	BofA Securities	Buy → Underperform
Oct-21-21	Resumed	Evercore ISI	Outperform
Sep-23-21	Upgrade	Barclays	Equal Weight → Overweight
Sep-21-21	Upgrade	Credit Suisse	Neutral → Outperform
Apr-23-21	Initiated	Jefferies	Hold
Mar-18-21	Initiated	Redburn	Sell
Mar-08-21	Resumed	Credit Suisse	Neutral
Feb-03-21	Upgrade	BofA Securities	Neutral → Buy
Jan-11-21	Downgrade	Credit Suisse	Outperform → Neutral
Dec-17-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Jul-01-20	Initiated	Tigress Financial	Buy
Jun-30-20	Initiated	Citigroup	Neutral
Jun-30-20	Initiated	Loop Capital	Hold
Jun-29-20	Initiated	Barclays	Equal Weight
Jun-29-20	Initiated	Credit Suisse	Outperform
Jun-29-20	Initiated	Evercore ISI	Outperform
Jun-29-20	Initiated	Goldman	Neutral
Jun-29-20	Initiated	Guggenheim	Buy
Jun-29-20	Initiated	JP Morgan	Overweight
Jun-29-20	Initiated	Macquarie	Neutral
Jun-29-20	Initiated	Morgan Stanley	Equal-Weight
Jun-29-20	Initiated	RBC Capital Mkts	Outperform
Jun-29-20	Initiated	SunTrust	Buy
Jun-24-20	Initiated	Bernstein	Mkt Perform

View All

Warner Music Group Corp Stock (WMG) Latest News

08:15 AM

Warner Music Group Corp. (NASDAQ:WMG) Q1 2025 Earnings Call Transcript - Insider Monkey

08:15 AM

06:38 AM

Music Market to Grow by USD 184.69 Billion (2025-2029), Boosted by Growing Digital Music Adoption, AI Driving Market TransformationTechnavio - Yahoo Finance

06:38 AM

02:17 AM