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NASDAQ: WMG
Warner Music Group Corp Stock

$34.38-0.18 (-0.52%)
Updated Feb 23, 2024
WMG Price
$34.38
Fair Value Price
$6.99
Market Cap
$17.80B
52 Week Low
$23.62
52 Week High
$38.05
P/E
39.07x
P/B
38.46x
P/S
2.94x
PEG
1.4x
Dividend Yield
0.49%
Revenue
$6.30B
Earnings
$467.00M
Gross Margin
47.7%
Operating Margin
12.85%
Profit Margin
7.4%
Debt to Equity
18.09
Operating Cash Flow
$771M
Beta
0.89
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

WMG Overview

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. 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. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

Zen Score

Industry Average (22)
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Due Diligence Checks

WMG ($34.38) is overvalued by 392.2% relative to our estimate of its Fair Value price of $6.99 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
WMG ($34.38) is not significantly undervalued (392.2%) relative to our estimate of its Fair Value price of $6.99 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
WMG ($34.38) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more WMG due diligence checks available for Premium users.

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WMG News

Valuation

WMG fair value

Fair Value of WMG stock based on Discounted Cash Flow (DCF)
Price
$34.38
Fair Value
$6.99
Overvalued by
392.20%
WMG ($34.38) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
WMG ($34.38) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
WMG ($34.38) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

WMG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
39.07x
Industry
45.1x
Market
33.56x
WMG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
WMG is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

WMG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
38.46x
Industry
2.69x
WMG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

WMG price to earnings growth (PEG)

For valuing profitable companies with growth potential
WMG is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

WMG's financial health

Profit margin

Revenue
$1.7B
Net Income
$159.0M
Profit Margin
9.1%
WMG's Earnings (EBIT) of $809.00M... subscribe to Premium to read more.
Interest Coverage Financials
WMG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.0B
Liabilities
$8.4B
Debt to equity
18.09
WMG's short-term liabilities ($3.75B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
WMG's long-term liabilities ($4.63B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
WMG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
WMG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$293.0M
Investing
-$92.0M
Financing
-$93.0M
WMG's operating cash flow ($771.00M)... subscribe to Premium to read more.
Debt Coverage Financials

WMG vs Entertainment Stocks

TickerMarket Cap1d %P/EP/B
WMG$17.80B-0.52%39.07x38.46x
SIRI$18.29B+0.63%14.42x-7.13x
FWONA$20.20B+0.93%N/A1.24x
NWSA$15.09B-0.30%66.08x1.84x
TKO$14.84B-0.39%N/A3.56x

Warner Music Group Stock FAQ

What is Warner Music Group's quote symbol?

(NASDAQ: WMG) Warner Music Group trades on the NASDAQ under the ticker symbol WMG. Warner Music Group stock quotes can also be displayed as NASDAQ: WMG.

If you're new to stock investing, here's how to buy Warner Music Group stock.

What is the 52 week high and low for Warner Music Group (NASDAQ: WMG)?

(NASDAQ: WMG) Warner Music Group's 52-week high was $38.05, and its 52-week low was $23.62. It is currently -9.65% from its 52-week high and 45.55% from its 52-week low.

How much is Warner Music Group stock worth today?

(NASDAQ: WMG) Warner Music Group currently has 517,881,152 outstanding shares. With Warner Music Group stock trading at $34.38 per share, the total value of Warner Music Group stock (market capitalization) is $17.80B.

Warner Music Group stock was originally listed at a price of $30.12 in Jun 3, 2020. If you had invested in Warner Music Group stock at $30.12, your return over the last 3 years would have been 14.14%, for an annualized return of 4.51% (not including any dividends or dividend reinvestments).

How much is Warner Music Group's stock price per share?

(NASDAQ: WMG) Warner Music Group stock price per share is $34.38 today (as of Feb 23, 2024).

What is Warner Music Group's Market Cap?

(NASDAQ: WMG) Warner Music Group's market cap is $17.80B, as of Feb 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Warner Music Group's market cap is calculated by multiplying WMG's current stock price of $34.38 by WMG's total outstanding shares of 517,881,152.
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