How to Buy Warner Music Group Stock
Warner Music Group Corp
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments.
Warner Music Group stock last closed at $31.97, down 0.53% from the previous day, and has increased 1.98% in one year. It has underperformed other stocks in the Entertainment industry by 0.1 percentage points. Warner Music Group stock is currently +35.35% from its 52-week low of $23.62, and -15.98% from its 52-week high of $38.05.
There are currently 517.88M shares of WMG outstanding. The market capitalization of WMG is $16.56B. In the last 24 hours, 1.14M WMG shares were traded.
How to Buy Warner Music Group Stock
Wondering how to invest in Warner Music Group stock? Here's how.
- Decide where to buy Warner Music Group stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Warner Music Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your details.
- Evaluate Warner Music Group stock: The Warner Music Group ticker symbol is WMG. Is Warner Music Group stock a good investment? Should you buy shares of WMG? How do WMG's underlying business fundamentals look? Do top analysts think Warner Music Group is a good buy? Why has WMG's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if WMG is a good stock to buy).
- Place your WMG buy order: Decide if you will purchase WMG shares at the current market price or use a limit order to purchase WMG shares at a given price.
- Get the latest scoop on your investment in WMG: Create a watchlist to get the latest news on your position in Warner Music Group stock.
Step 1: Decide where to buy Warner Music Group stock
You need an online brokerage account in order to access the NASDAQ market and buy WMG shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to buy WMG stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have created your account on the best investment app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Warner Music Group stock
Once you have decided on the best place to buy Warner Music Group stock, it's important to evaluate their stock before you buy, so you actually understand the risk as well as the upside.
Overview of key WMG info
WMG Overview
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on WMG's stock page.
Is WMG stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge WMG's true value.
Using relative valuations measures:
- WMG may be overvalued based on its P/E ratio of 36.33x, relative to Entertainment industry P/E ratio of 36.12x
- WMG could be overvalued based on its P/B ratio of 35.76x, relative to Entertainment industry P/B ratio of 2.65x
- WMG could be overvalued based on its PEG ratio of 1.3x
You can access additional valuation analysis on WMG's stock here.
How do WMG Financials look?
Positive Health Checks:
- Total WMG debt is lower than 5 years ago, relative to shareholder equity.
- WMG earnings of $809.00M is not enough to cover its interest payments.
Negative Health Checks:
- WMG has a relatively high debt to equity ratio of 18.09.
- There are more short-term liabilities than short-term assets on the WMG balance sheet.
- There are more long-term liabilities than short-term assets on the WMG balance sheet.
- WMG's operating cash flow of $771.00M allows it to safely service it's debt of $4.30B.
- WMG profit margin has gone down from 8.4% to 7.4% in the past year.
Is WMG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who give forecasts on WMG, the consensus analyst rating on Warner Music Group is a Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Warner Music Group stock forecast page.
WMG Trading Indicators
WMG Earnings
Last year, WMG earnings were $467.00M. Over the last 4 year, WMG's earnings have increased by 10.98% per year. This was slower than the Entertainment industry average of 11.28%.
Last year, WMG revenue was $6.30B. During the last five year, WMG's revenue has increased by 8.63% per year. This was slower than the Entertainment industry average of 14.87%.
Find out more about WMG's earnings and revenue performance here.
What are WMG insiders up to?
In the last 12 months, insiders at WMG have sold more shares than they have bought.
Mathias Dopfner, Director of WMG, was the latest WMG insider to sell. They sold $59,271.68 worth of WMG shares on Mar 5, 2024.
Dig into more about who owns WMG shares here.
Does WMG stock generate passive income?
No, Warner Music Group doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your WMG buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in WMG
Now that you own some WMG shares, you'll want to keep up with your new company.
Make a watchlist to keep track of your WMG stock.
WMG Feed
How to Buy Stock in Warner Music Group
To summarize, here are the 6 steps for buying Warner Music Group stock:
- Decide where to buy Warner Music Group stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Warner Music Group stock
- Place your WMG buy order
- Get the latest scoop on your investment in WMG
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Warner Music Group, add WMG to your watchlist by clicking the button below.
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