Shares of Warner Music have moved 0.0% today, and are now trading at a price of $31.25. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 8,404 compared to the stock's average volume of 1,205,072.
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. Based in New York, United States the company has 6,200 full time employees and a market cap of $16,385,250,304. Warner Music currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -17.89% away from its average analyst target price of $38.06 per share. The 17 analysts following the stock have set target prices ranging from $32.0 to $52.0, and on average give Warner Music a rating of buy.
Over the last year, WMG shares have gone down by -0.3%, which represents a difference of 3.0% when compared to the S&P 500. The stock's 52 week high is $38.76 per share and its 52 week low is $21.57. Based on Warner Music's average gross margin growth of 0.9% over the last four years, its core business remains strong and the stock price may recover in the long term.
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