32.16

0.11% 0.0518

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 $32.16, with a volume of 260.11K. It is up +0.11% in the last 24 hours and up +3.23% 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 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.

Previous Close:

$32.11

Open:

$32.22

24h Volume:

260.11K

Relative Volume:

0.18

Market Cap:

$16.71B

Revenue:

$6.38B

Net Income/Loss:

$546.00M

P/E Ratio:

40.20

EPS:

0.8

Net Cash Flow:

$483.00M

1W Performance:

-0.17%

1M Performance:

+3.23%

6M Performance:

-5.84%

1Y Performance:

-2.30%

1-Day Range:

$32.01

$32.46

1-Week Range:

$31.19

$32.91

52-Week Range:

$27.06

$38.05

Warner Music Group Corp Stock (WMG) Company Profile

Name

Warner Music Group Corp

Sector

Communication Services (261)

Industry

Entertainment (51)

Phone

212-275-2000

Address

1633 BROADWAY, NEW YORK

Employee

5,900

Twitter

Next Earnings Date

2024-11-21

Latest SEC Filings

WMG's Discussions on Twitter

Warner Music Group Corp Stock (WMG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
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

04:02 AM

Vanguard Group Inc's Strategic Acquisition of Warner Music Group Corp Shares - GuruFocus.com

04:02 AM

Nov 01, 2024

Ed Sheeran beats copyright appeal over 'Thinking Out Loud' song - Reuters

Nov 01, 2024

Ed Sheeran beats copyright appeal over 'Thinking Out Loud' - Marketscreener.com

Nov 01, 2024

Executive Turntable: WCM Elevates Payments Pro, Plus UMG’s Nigerian Label Picks a President - Billboard

Nov 01, 2024

Stephens Investment Management Group LLC Purchases 163,247 Shares of Warner Music Group Corp. (NASDAQ:WMG) - MarketBeat

Nov 01, 2024

Oct 31, 2024