WMG Stock Overview
Operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Community Narratives
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Warner Music Group Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.36 |
| 52 Week High | US$38.05 |
| 52 Week Low | US$27.06 |
| Beta | 1.37 |
| 11 Month Change | 5.24% |
| 3 Month Change | 13.94% |
| 1 Year Change | -0.68% |
| 33 Year Change | -32.79% |
| 5 Year Change | n/a |
| Change since IPO | 7.44% |
Recent News & Updates
Why We're Not Concerned About Warner Music Group Corp.'s (NASDAQ:WMG) Share Price
Oct 28
Warner Music Group: Serving The Middle Class Artists
Oct 10Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Oct 09Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?
Sep 18Recent updates
Why We're Not Concerned About Warner Music Group Corp.'s (NASDAQ:WMG) Share Price
Oct 28Warner Music Group: Serving The Middle Class Artists
Oct 10Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Oct 09Is Warner Music Group (NASDAQ:WMG) Using Too Much Debt?
Sep 18Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 35% Undervaluation?
Aug 27Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Aug 06Warner Music Group Corp. (NASDAQ:WMG) Not Lagging Market On Growth Or Pricing
Jul 16Warner Music Group: Strong Competitive Position In The Music Label Industry
Jul 08Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Jun 28Here's Why Warner Music Group (NASDAQ:WMG) Has Caught The Eye Of Investors
Jun 10Warner Music Group's (NASDAQ:WMG) Earnings May Just Be The Starting Point
May 21Warner Music Group Corp. (NASDAQ:WMG) Shares Could Be 23% Below Their Intrinsic Value Estimate
May 08Should You Investigate Warner Music Group Corp. (NASDAQ:WMG) At US$33.66?
Apr 17Warner Music Group (NASDAQ:WMG) Might Have The Makings Of A Multi-Bagger
Mar 26What You Can Learn From Warner Music Group Corp.'s (NASDAQ:WMG) P/E
Jan 22Warner Music Group (NASDAQ:WMG) Seems To Use Debt Quite Sensibly
Jan 01An Intrinsic Calculation For Warner Music Group Corp. (NASDAQ:WMG) Suggests It's 21% Undervalued
Dec 11Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital
Nov 14Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?
Oct 23Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Oct 02Is Warner Music Group Corp. (NASDAQ:WMG) Trading At A 21% Discount?
Sep 11Warner Music Group (NASDAQ:WMG) Is Paying Out A Larger Dividend Than Last Year
Aug 21Investors Will Want Warner Music Group's (NASDAQ:WMG) Growth In ROCE To Persist
Aug 09Is It Too Late To Consider Buying Warner Music Group Corp. (NASDAQ:WMG)?
Jul 05Does Warner Music Group (NASDAQ:WMG) Have A Healthy Balance Sheet?
Jun 19Is There An Opportunity With Warner Music Group Corp.'s (NASDAQ:WMG) 22% Undervaluation?
Jun 04Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital
May 02Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Mar 07Warner Music Group (NASDAQ:WMG) Has A Pretty Healthy Balance Sheet
Feb 03A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)
Jan 16Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital
Dec 29Is Now The Time To Look At Buying Warner Music Group Corp. (NASDAQ:WMG)?
Nov 08Is Warner Music Group (NASDAQ:WMG) A Risky Investment?
Oct 18Goldman Sachs starts Warner Music Group at Buy on tailwinds
Oct 11Warner Music Group (NASDAQ:WMG) Is Experiencing Growth In Returns On Capital
Sep 27Warner Music Group rises on report set to name ex YouTube business chief as new CEO
Sep 21Warner Music Group Corp.'s (NASDAQ:WMG) Price In Tune With Earnings
Sep 06Warner Music Group: Stealth Dividend Growth Opportunity
Aug 19Warner Music Group (NASDAQ:WMG) Will Pay A Larger Dividend Than Last Year At $0.16
Aug 16Shareholder Returns
| WMG | US Entertainment | US Market | |
|---|---|---|---|
| 7D | 1.2% | 1.1% | -0.8% |
| 1Y | -0.7% | 43.1% | 31.5% |
Return vs Industry: WMG underperformed the US Entertainment industry which returned 43.1% over the past year.
Return vs Market: WMG underperformed the US Market which returned 31.5% over the past year.
Price Volatility
| WMG volatility | |
|---|---|
| WMG Average Weekly Movement | 2.5% |
| Entertainment Industry Average Movement | 7.8% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: WMG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WMG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 5,900 | Robert Kyncl | www.wmg.com |
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’ Records, Warner Classics, and Warner Music Nashville.
Warner Music Group Corp. Fundamentals Summary
| WMG fundamental statistics | |
|---|---|
| Market cap | US$16.70b |
| Earnings (TTM) | US$539.00m |
| Revenue (TTM) | US$6.38b |
31.1x
P/E Ratio2.6x
P/S RatioIs WMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WMG income statement (TTM) | |
|---|---|
| Revenue | US$6.38b |
| Cost of Revenue | US$3.35b |
| Gross Profit | US$3.04b |
| Other Expenses | US$2.50b |
| Earnings | US$539.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 21, 2024
| Earnings per share (EPS) | 1.04 |
| Gross Margin | 47.57% |
| Net Profit Margin | 8.45% |
| Debt/Equity Ratio | 626.5% |
How did WMG perform over the long term?
See historical performance and comparison