Warner Music Group Corp. (WMG): Price and Financial Metrics
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WMG POWR Grades
- WMG scores best on the Sentiment dimension, with a Sentiment rank ahead of 75.41% of US stocks.
- The strongest trend for WMG is in Growth, which has been heading down over the past 179 days.
- WMG's current lowest rank is in the Momentum metric (where it is better than 12.13% of US stocks).
WMG Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for WMG is 21.46 -- better than 98.37% of US stocks.
- WMG's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 338.8 -- higher than 91.35% of US-listed equities with positive expected earnings growth.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 42.95 for WARNER MUSIC GROUP CORP; that's greater than it is for 99.25% of US stocks.
- If you're looking for stocks that are quantitatively similar to WARNER MUSIC GROUP CORP, a group of peers worth examining would be JWN, FTDR, DIT, BJ, and HY.
- Visit WMG's SEC page to see the company's official filings. To visit the company's web site, go to www.wmg.com.
WMG Valuation Summary
- In comparison to the median Consumer Cyclical stock, WMG's price/sales ratio is 237.5% higher, now standing at 2.7.
- Over the past 34 months, WMG's price/earnings ratio has gone down 71.
Below are key valuation metrics over time for WMG.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| WMG | 2023-03-17 | 2.7 | 57.7 | 32.1 | 24.8 |
| WMG | 2023-03-16 | 2.7 | 57.5 | 32.0 | 24.7 |
| WMG | 2023-03-15 | 2.7 | 57.3 | 31.8 | 24.6 |
| WMG | 2023-03-14 | 2.6 | 56.8 | 31.6 | 24.4 |
| WMG | 2023-03-13 | 2.6 | 56.3 | 31.3 | 24.3 |
| WMG | 2023-03-10 | 2.6 | 56.8 | 31.6 | 24.4 |
WMG's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- WMG has a Quality Grade of C, ranking ahead of 33.19% of graded US stocks.
- WMG's asset turnover comes in at 0.742 -- ranking 6th of 44 Entertainment stocks.
- NFLX, EVRI, and DIS are the stocks whose asset turnover ratios are most correlated with WMG.
The table below shows WMG's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.742 | 0.486 | 0.158 |
| 2021-03-31 | 0.717 | 0.483 | -0.021 |
| 2020-12-31 | 0.709 | 0.482 | -0.109 |
| 2020-09-30 | 0.714 | 0.477 | -0.115 |
| 2020-06-30 | 0.725 | 0.470 | -0.111 |
| 2020-03-31 | 0.739 | 0.464 | 0.079 |
WMG Price Target
For more insight on analysts targets of WMG, see our WMG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $41.93 | Average Broker Recommendation | 1.66 (Moderate Buy) |
WMG Stock Price Chart Interactive Chart >
WMG Price/Volume Stats
| Current price | $31.35 | 52-week high | $39.31 |
| Prev. close | $30.87 | 52-week low | $21.57 |
| Day low | $30.92 | Volume | 913,200 |
| Day high | $31.78 | Avg. volume | 1,436,386 |
| 50-day MA | $33.38 | Dividend yield | 2.09% |
| 200-day MA | $29.67 | Market Cap | 16.14B |
Warner Music Group Corp. (WMG) Company Bio
Warner Music Group Corp. (d.b.a. Warner Music Group, commonly abbreviated as WMG) is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME). Formerly part of Time Warner (now Warner Bros. Discovery), WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. With a multibillion-dollar annual turnover, WMG employs more than 3,500 people and has operations in more than 50 countries throughout the world. (Source:Wikipedia)
Latest WMG News From Around the Web
Below are the latest news stories about WARNER MUSIC GROUP CORP that investors may wish to consider to help them evaluate WMG as an investment opportunity.
Warner Music Begins Succession Planning for Finance ChiefWarner Music Group Corp. on Tuesday said it has begun the process of finding a successor to Chief Financial Officer Eric Levin. Mr. Levin has served as CFO since 2014 and will continue to do so until his replacement is appointed, Warner Music said. Robert Kyncl took over as chief executive earlier this year, succeeding Steve Cooper, who had served in the post for 11 years. |
Warner Music expects to appoint new financial chief by end of yearMARKET PULSE Warner Music Group Corp. (WMG) said late Tuesday that it is initiating a succession plan for its chief financial officer. The current CFO, Eric Levin, has served as Warner Music’s CFO since 2014. |
Warner Music Stock Rating Jumps; Queuing A Lucrative Tune?Warner Music stock shows rising price performance, earning an upgrade to its IBD Relative Strength Rating |
UPDATE 1-Warner Music, rock band Jesus and Mary Chain end U.S. copyright lawsuitWarner Music Group Corp and Scottish rock band The Jesus and Mary Chain have agreed to end a lawsuit over the band's attempt to terminate the music label's rights in its music, according court papers filed Thursday. The parties said in U.S. District Court in Los Angeles that they had agreed to dismiss the band's lawsuit with prejudice, which means it cannot be filed again. A lawyer for the band, Neema Amini, said the dispute had been "amicably resolved," but did not provide details of the settlement. |
Warner Music, rock band Jesus and Mary Chain end U.S. copyright lawsuitWarner Music Group Corp and Scottish rock band The Jesus and Mary Chain have agreed to end a lawsuit over the band's attempt to terminate the music label's rights in its music, according court papers filed Thursday. The parties said in U.S. District Court in Los Angeles that they had agreed to dismiss the band's lawsuit with prejudice, which means it cannot be filed again. Representatives for Warner Music did not immediately respond to requests for comment. |
WMG Price Returns
| 1-mo | -4.27% |
| 3-mo | -11.57% |
| 6-mo | 26.54% |
| 1-year | -16.32% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | -10.05% |
| 2022 | -17.21% |
| 2021 | 15.31% |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | N/A |
WMG Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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