Large-cap Consumer Discretionary company Warner Music has logged a 4.5% change today on a trading volume of 2,620,427. The average volume for the stock is 1,328,988.
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 5,900 full time employees and a market cap of $17,848,301,568. Warner Music currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -1.73% away from its average analyst target price of $35.2 per share. The 17 analysts following the stock have set target prices ranging from $15.4 to $40.0, and on average give Warner Music a rating of buy.
Over the last 52 weeks, WMG stock has risen 1.0%, which amounts to a -13.0% difference compared to the S&P 500. The stock's 52 week high is $38.76 whereas its 52 week low is $23.62 per share. With its net margins declining an average -1.6% over the last 0 years, Warner Music may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,037,000 | 439,000 | 7 | -22.22 |
| 2022 | 5,919,000 | 555,000 | 9 | 50.0 |
| 2021 | 5,301,000 | 307,000 | 6 | inf |
| 2020 | 4,463,000 | 5,000 | 0 | -100.0 |
| 2019 | 4,475,000 | 258,000 | 6 | -25.0 |
| 2018 | 4,005,000 | 312,000 | 8 |
