WMG Stock Overview
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
My Notes
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Warner Music Group Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.45 |
| 52 Week High | US$38.76 |
| 52 Week Low | US$21.57 |
| Beta | 1.58 |
| 1 Month Change | -21.31% |
| 3 Month Change | -21.56% |
| 1 Year Change | -16.64% |
| 3 Year Change | -18.82% |
| 5 Year Change | n/a |
| Change since IPO | -18.82% |
Recent News & Updates
Recent updates
Warner Music Group (NASDAQ:WMG) Is Looking To Continue Growing Its Returns On Capital
May 02
Is 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 16Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 60% Above Its Share Price
Aug 11Warner Music Q3 2022 Earnings Preview
Aug 08These 4 Measures Indicate That Warner Music Group (NASDAQ:WMG) Is Using Debt Reasonably Well
Jun 30Is Now An Opportune Moment To Examine Warner Music Group Corp. (NASDAQ:WMG)?
Jun 09Warner Music Group: Slow But Steady, Don't Forget About This Music Leader
May 22Warner Music Group's (NASDAQ:WMG) Returns On Capital Are Heading Higher
May 18Does This Valuation Of Warner Music Group Corp. (NASDAQ:WMG) Imply Investors Are Overpaying?
Apr 22Here's Why Warner Music Group (NASDAQ:WMG) Has A Meaningful Debt Burden
Mar 21Is Warner Music Group Stock A Good Long-Term Investment?
Feb 16Warner Music Group Corp. Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next
Feb 11Calculating The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)
Dec 13Warner Music Group Appears Fairly Valued
Nov 26Warner Music Group (NASDAQ:WMG) Is Doing The Right Things To Multiply Its Share Price
Oct 04Warner Music Group: This Ship Is Taking Off
Sep 23We Think Warner Music Group (NASDAQ:WMG) Is Taking Some Risk With Its Debt
Sep 06Warner Music Group's (NASDAQ:WMG) Strong Earnings Are Of Good Quality
Aug 10Calculating The Intrinsic Value Of Warner Music Group Corp. (NASDAQ:WMG)
Aug 03Warner Music Group: Streaming Growth Is Impressive
Jul 01Capital Allocation Trends At Warner Music Group (NASDAQ:WMG) Aren't Ideal
Jun 11Warner Music Group (NASDAQ:WMG) Takes On Some Risk With Its Use Of Debt
May 11Warner Music EPS beats by $0.07, beats on revenue
May 04Don't Race Out To Buy Warner Music Group Corp. (NASDAQ:WMG) Just Because It's Going Ex-Dividend
Feb 15Warner Music Group gets post-earnings BofA upgrade, Street-high price target
Feb 03Morgan Stanley bullish on Warner Music, Spotify as earnings arrive
Feb 01Warner Music Group: Elements Of Growth Are Materializing
Jan 29A Look At The Fair Value Of Warner Music Group Corp. (NASDAQ:WMG)
Jan 20
Warner Music Group cut at Credit Suisse on valuation
Jan 11TikTok signs new music deal with Warner Music Group; rival Triller plans public debut in Q1
Dec 18Shareholder Returns
| WMG | US Entertainment | US Market | |
|---|---|---|---|
| 7D | -3.7% | 1.4% | 1.0% |
| 1Y | -16.6% | 3.5% | -0.2% |
Return vs Industry: WMG underperformed the US Entertainment industry which returned 3.5% over the past year.
Return vs Market: WMG underperformed the US Market which returned -0.2% over the past year.
Price Volatility
| WMG volatility | |
|---|---|
| WMG Average Weekly Movement | 5.1% |
| Entertainment Industry Average Movement | 8.3% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: WMG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WMG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 6,200 | Robert Kyncl | https://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$12.52b |
| Earnings (TTM) | US$423.00m |
| Revenue (TTM) | US$5.82b |
29.8x
P/E Ratio2.2x
P/S RatioIs WMG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WMG income statement (TTM) | |
|---|---|
| Revenue | US$5.82b |
| Cost of Revenue | US$3.05b |
| Gross Profit | US$2.77b |
| Other Expenses | US$2.35b |
| Earnings | US$423.00m |
Last Reported Earnings
Mar 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.82 |
| Gross Margin | 47.61% |
| Net Profit Margin | 7.27% |
| Debt/Equity Ratio | 1,498.5% |
How did WMG perform over the long term?
See historical performance and comparison