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WMG Stock Chart & Stats
$30.25
-$1.46(-4.69%)
At close: 4:00 PM EST
$30.25
-$1.46(-4.69%)
Day’s Range― - ―
52-Week Range$23.34 - $35.42
Previous CloseN/A
Volume1.85M
Average Volume (3M)1.95M
Market Cap
$14.78B
Enterprise Value$17.83K
Total Cash (Recent Filing)$741.00M
Total Debt (Recent Filing)$4.94B
Price to Earnings (P/E)32.6
Beta0.99
Next Earnings
Aug 11, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend Yield2.68%
Share Statistics
EPS (TTM)0.87
Shares Outstanding146,235,210
10 Day Avg. Volume2,043,646
30 Day Avg. Volume1,945,698
Financial Highlights & Ratios
PEG Ratio-3.11
Price to Book (P/B)27.32
Price to Sales (P/S)2.64
P/FCF Ratio32.80
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$38.90Price Target Upside28.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.44
Revenue Forecast (FY)$7.29B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent high cash conversion (FCF ~83% of net income, TTM FCF +33.5%) provides durable financial flexibility. Strong cash flow funds catalog investments, dividends/buybacks, and AI or distribution initiatives while cushioning cyclical revenue swings and supporting long-term capital allocation.
Large Catalog With Recurring RevenueA deep catalog that drives ~65% of streaming revenue creates durable, long-tail recurring cash flows. Large, diversified rights inventory increases royalty predictability, supports catalog monetization strategies (JV buys, licensing, reactivation) and underpins margin stability over time.
Sustained Streaming Growth And Margin GainsRobust subscription growth and repeated ~230bp margin expansion show structural scale and operating leverage in streaming-led model. Market-share gains, pricing power and efficiency initiatives support sustainable higher margins and cash flow conversion over the medium term.
Bears Say
Meaningful Net DebtA multi-billion dollar net debt position constrains financial flexibility and raises refinancing and interest-rate risks. High leverage limits the company's ability to pursue large M&A or absorb revenue shocks without leaning on cash flow or altering capital returns, impacting strategic optionality.
Thin Equity Base Versus AssetsA small equity cushion relative to assets magnifies balance-sheet sensitivity to valuation or impairment events. Returns on equity appear elevated partly due to thin equity, increasing volatility in reported ROE and raising solvency concerns if asset valuations or earnings decline materially.
Portion Of Growth Tied To Pricing And Uneven DemandWhen growth is partly driven by pricing and easier comps, underlying volume expansion is less certain. Combined with uneven ad revenue and regional (APAC) underperformance, this raises durability questions about topline momentum and the sustainability of recent margin gains.
Warner Music Group News
WMG FAQ
What was Warner Music Group Corp.’s price range in the past 12 months?
Warner Music Group Corp. lowest stock price was $23.34 and its highest was $35.42 in the past 12 months.
What is Warner Music Group Corp.’s market cap?
Warner Music Group Corp.’s market cap is $14.78B.
When is Warner Music Group Corp.’s upcoming earnings report date?
Warner Music Group Corp.’s upcoming earnings report date is Aug 11, 2026 which is in 22 days.
How were Warner Music Group Corp.’s earnings last quarter?
Warner Music Group Corp. released its earnings results on May 07, 2026. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.267 by $0.073.
Is Warner Music Group Corp. overvalued?
According to Wall Street analysts Warner Music Group Corp.’s price is currently Undervalued.
Does Warner Music Group Corp. pay dividends?
Warner Music Group Corp. pays a Quarterly dividend of $0.19 which represents an annual dividend yield of 2.68%. See more information on Warner Music Group Corp. dividends here
What is Warner Music Group Corp.’s EPS estimate?
Warner Music Group Corp.’s EPS estimate is 0.34.
How many shares outstanding does Warner Music Group Corp. have?
Warner Music Group Corp. has 146,235,210 shares outstanding.
What happened to Warner Music Group Corp.’s price movement after its last earnings report?
Warner Music Group Corp. reported an EPS of $0.34 in its last earnings report, beating expectations of $0.267. Following the earnings report the stock price went up 7.474%.
Which hedge fund is a major shareholder of Warner Music Group Corp.?
Currently, no hedge funds are holding shares in WMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Warner Music Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$38.90 (28.60% Upside)
$38.90 (28.60% Upside)
Blogger Sentiment
Bullish
WMG Sentiment 70%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Increased
By 3.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.2%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.69%
12-Months-Change
Fundamentals
Return on Equity
2.68%
Trailing 12-Months
Asset Growth
10.91%
Trailing 12-Months
Company Description
Warner Music Group Corp.
Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.
WMG Stock 12 Month Forecast
Average Price Target
$38.90
▲(28.60% Upside)
Technical Analysis
Ownership Overview
1.65% Insiders
23.18% Mutual Funds
0.44% Other Institutional Investors
56.97% Public Companies and
Individual Investors