Shares of Warner Music have moved -0.7% today, and are now trading at a price of $33.69. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 67,729 compared to the stock's average volume of 1,947,020.
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 5,800 full time employees and a market cap of $17,558,880,256. Warner Music currently offers its equity investors a dividend that yields 2.2% per year.
The company is now trading -5.97% away from its average analyst target price of $35.82 per share. The 17 analysts following the stock have set target prices ranging from $30.0 to $46.0, and on average give Warner Music a rating of buy.
Over the last 52 weeks, WMG stock has risen 18.3%, which amounts to a 2.4% difference compared to the S&P 500. The stock's 52 week high is $36.64 whereas its 52 week low is $25.56 per share. Based on Warner Music's average net margin growth of 2.0% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 6,426,000 | 435,000 | 7 | 0.0 |
| 2023 | 6,037,000 | 430,000 | 7 | -22.22 |
| 2022 | 5,919,000 | 551,000 | 9 | 50.0 |
| 2021 | 5,301,000 | 304,000 | 6 | 154.55 |
| 2020 | 4,463,000 | -475,000 | -11 | -283.33 |
| 2019 | 4,475,000 | 256,000 | 6 |
