WMG logo

Warner Music Group (WMG) Company Overview

Profile

Full Name:

Warner Music Group Corp.

Industry:

Entertainment

Country:

United States

IPO:

June 3, 2020

Indexes:

Not included

Description:

Warner Music Group (WMG) is a major music company that creates, promotes, and distributes music. It works with artists to produce albums and manage their careers. WMG also owns many famous record labels and helps musicians reach fans through digital platforms and live events.

Key Details

Price

$31.75

Annual Revenue

$6.43 B(+6.44% YoY)

Annual EPS

$0.83(+1.22% YoY)

Beta

0.49

Events Calendar

Earnings

Next earnings date:

Feb 6, 2025

Recent quarterly earnings:

Nov 21, 2024

Recent annual earnings:

Nov 21, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 19, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Jan 30, 25 Macquarie
Neutral
Jan 13, 25 Morgan Stanley
Overweight
Jan 10, 25 UBS
Buy
Jan 9, 25 Evercore ISI Group
Outperform
Jan 8, 25 Guggenheim
Buy
Dec 4, 24 Guggenheim
Buy
Nov 29, 24 Citigroup
Neutral
Nov 25, 24 Loop Capital
Hold
Nov 22, 24 Macquarie
Neutral
Nov 22, 24 JP Morgan
Overweight

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Price

Market cap

Technical

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Events

Dividend per share

Dividend yield

Other

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Revenue

Profit

EPS

ROA & ROE

EBIT & EBITDA

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

PE Ratio

PB Ratio

PS Ratio

Enterprise value

EV/EBITDA

Financial Health

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Leverage

Risk & Stability

Balance Sheet

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Assets

Equity

Liabilities

Debt

Expenses

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cashflow Activities

Free CashFlow

CAPEX

Institutional Ownership

Warner Music Group Corp. (WMG) Q1 2025 Earnings Call Transcript
Warner Music Group Corp. (WMG) Q1 2025 Earnings Call Transcript
Warner Music Group Corp. (WMG) Q1 2025 Earnings Call Transcript
WMG
seekingalpha.comFebruary 6, 2025

Warner Music Group Corp. (NASDAQ:WMG) will hold its Q1 2025 Earnings Conference Call on February 6, 2025, at 8:30 AM ET. The call will feature company leaders such as Kareem Chin, Robert Kyncl, and Bryan Castellani, along with participants from various financial institutions. Please note that the call is being recorded for later playback, and you can disconnect if you do not wish to be recorded.

Warner Music Group Corp. (WMG) Surpasses Q1 Earnings and Revenue Estimates
Warner Music Group Corp. (WMG) Surpasses Q1 Earnings and Revenue Estimates
Warner Music Group Corp. (WMG) Surpasses Q1 Earnings and Revenue Estimates
WMG
zacks.comFebruary 6, 2025

Warner Music Group Corp. (WMG) reported quarterly earnings of $0.45 per share, which is higher than the Zacks Consensus Estimate of $0.34 per share. This is an increase compared to earnings of $0.30 per share from the same period last year.

Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2024
Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2024
Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2024
WMG
globenewswire.comFebruary 6, 2025

Warner Music Group and Spotify have announced a new multi-year agreement that includes both recorded music and music publishing, which continues to grow due to strong performance and digital sales. For the three months ending December 31, 2024, total revenue fell by 5%, but net income rose by 25% to $241 million. CEO Robert Kyncl highlighted the success of both new and established artists during this quarter.

WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC
WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC
WARNER MUSIC GROUP ACQUIRES CONTROLLING STAKE IN TEMPO MUSIC
WMG
prnewswire.comFebruary 6, 2025

The catalog features rights to songs by artists like Bruno Mars, Twenty One Pilots, Adele, Wiz Khalifa, Florida Georgia Line, and Lukas Graham. On February 6, 2025, Warner Music Group announced that it has taken a controlling interest in Tempo Music Investments from Providence Equity Partners. Providence will still hold a minority stake in Tempo and will provide advisory support to WMG.

Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 6, 2025
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 6, 2025
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 6, 2025
WMG
globenewswire.comJanuary 9, 2025

On January 9, 2025, Warner Music Group Corp. announced that it will share its financial results for the first quarter, which ended on December 31, 2024, on February 6, 2025. They will also host a conference call to discuss these earnings at 8:30 a.m. ET that same morning.

Zacks Industry Outlook Highlights Warner Music, News Corporation, Lions Gate and IMAX
Zacks Industry Outlook Highlights Warner Music, News Corporation, Lions Gate and IMAX
Zacks Industry Outlook Highlights Warner Music, News Corporation, Lions Gate and IMAX
WMG
ZacksDecember 3, 2024

This Industry Outlook article has pointed out Warner Music, News Corporation, Lions Gate, and IMAX.

4 Film & Television Production Stocks to Watch Amid Dull Industry Trends
4 Film & Television Production Stocks to Watch Amid Dull Industry Trends
4 Film & Television Production Stocks to Watch Amid Dull Industry Trends
WMG
ZacksDecember 2, 2024

Film and television production and distribution companies such as WMG, NWSA, LGF.A, and IMAX are doing well because more people are watching digital entertainment and there is an increase in advertising spending.

Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord
Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord
Downgrading Warner Music Group As Spotify And Live Nation Strike A Chord
WMG
seekingalpha.comNovember 23, 2024

Warner Music Group's earnings report for the fourth quarter did not meet expectations, resulting in a notable decline in its stock price and raising worries about its standing in the music industry. Although the company reported good revenue growth and announced a $100 million share buyback, it faces challenges as competitors like Spotify and Live Nation attract more investor interest. Analysts are doubtful about WMG's capacity to improve growth through pricing strategies and new products, as the management's plans seem vague and unexciting.

These Analysts Cut Their Forecasts On Warner Music Following Q4 Earnings
These Analysts Cut Their Forecasts On Warner Music Following Q4 Earnings
These Analysts Cut Their Forecasts On Warner Music Following Q4 Earnings
WMG
benzinga.comNovember 22, 2024

On Thursday, Warner Music Group Corp (WMG) announced disappointing earnings for the fourth quarter of fiscal year 2024.

Warner Music Group Corp. (WMG) Q4 2024 Earnings Call Transcript
Warner Music Group Corp. (WMG) Q4 2024 Earnings Call Transcript
Warner Music Group Corp. (WMG) Q4 2024 Earnings Call Transcript
WMG
seekingalpha.comNovember 21, 2024

Warner Music Group Corp. (NASDAQ:WMG) will hold its Q4 2024 Earnings Conference Call on November 21, 2024, at 8:30 AM ET. The call will feature company representatives including Kareem Chin, Robert Kyncl, and Bryan Castellani, along with participants from various financial institutions. This call is to discuss the company's earnings for the period ending September 30, 2024.

FAQ

  • What is the ticker symbol for Warner Music Group?
  • Does Warner Music Group pay dividends?
  • What sector is Warner Music Group in?
  • What industry is Warner Music Group in?
  • What country is Warner Music Group based in?
  • When did Warner Music Group go public?
  • Is Warner Music Group in the S&P 500?
  • Is Warner Music Group in the NASDAQ 100?
  • Is Warner Music Group in the Dow Jones?
  • When was Warner Music Group's last earnings report?
  • When does Warner Music Group report earnings?
  • Should I buy Warner Music Group stock now?

What is the ticker symbol for Warner Music Group?

The ticker symbol for Warner Music Group is NASDAQ:WMG

Does Warner Music Group pay dividends?

Yes, Warner Music Group pays dividends. The last payment was $0.18, with an ex-dividend date on November 19, 2024

What sector is Warner Music Group in?

Warner Music Group is in the Communication Services sector

What industry is Warner Music Group in?

Warner Music Group is in the Entertainment industry

What country is Warner Music Group based in?

Warner Music Group is headquartered in United States

When did Warner Music Group go public?

Warner Music Group's initial public offering (IPO) was on June 3, 2020

Is Warner Music Group in the S&P 500?

No, Warner Music Group is not included in the S&P 500 index

Is Warner Music Group in the NASDAQ 100?

No, Warner Music Group is not included in the NASDAQ 100 index

Is Warner Music Group in the Dow Jones?

No, Warner Music Group is not included in the Dow Jones index

When was Warner Music Group's last earnings report?

Warner Music Group's most recent earnings report was on Nov 21, 2024

When does Warner Music Group report earnings?

The next expected earnings date for Warner Music Group is Feb 6, 2025

Should I buy Warner Music Group stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions