WMG
Warner Music Group Corp. NASDAQ Listed Jun 3, 2020$28.52
After hrs
$27.91
-0.92%
Mkt Cap $14.8B
52w Low $23.65
44.0% of range
52w High $34.72
50d MA $30.45
200d MA $30.07
P/E (TTM)
40.7x
EV/EBITDA
16.7x
P/B
19.6x
Debt/Equity
7.1x
ROE
42.4%
P/FCF
27.5x
RSI (14)
18.70
ATR (14)
$1.04
Beta
1.28
50d MA
$30.45
200d MA
$30.07
Avg Volume
2.9M
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.
1633 Broadway · New York City, NY 10019 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | AMC | 0.30 | 0.34 | +13.3% | 31.04 | +3.9% | +7.5% | -1.3% | +2.0% | -2.7% | +0.4% | — |
| Feb 5, 2026 | AMC | 0.40 | 0.33 | -17.5% | 28.19 | +3.9% | +3.1% | +1.9% | +4.1% | -3.3% | -4.1% | — |
| Nov 20, 2025 | AMC | 0.35 | 0.21 | -40.0% | 29.69 | +0.5% | +3.4% | -5.6% | -2.2% | -1.2% | +0.8% | — |
| Aug 7, 2025 | AMC | 0.29 | -0.03 | -110.3% | 31.15 | +0.1% | +1.8% | -0.2% | -0.3% | +1.7% | +0.5% | — |
| May 8, 2025 | AMC | 0.28 | 0.07 | -75.2% | 27.70 | +1.0% | -1.2% | +0.4% | +0.0% | -0.8% | +1.0% | — |
| Feb 6, 2025 | AMC | 0.34 | 0.45 | +32.4% | 31.75 | +1.1% | +3.1% | +2.0% | +1.0% | +2.9% | +1.3% | — |
| Nov 21, 2024 | AMC | 0.28 | 0.08 | -71.4% | 31.18 | -0.8% | +2.1% | +0.6% | +1.1% | -0.9% | +1.3% | — |
| Aug 7, 2024 | AMC | 0.27 | 0.32 | +18.5% | 28.65 | +1.2% | -0.9% | -0.2% | -2.9% | +1.5% | +0.2% | — |
| May 9, 2024 | AMC | 0.20 | 0.18 | -11.9% | 32.57 | +0.4% | -2.8% | +1.9% | -0.3% | +1.4% | -2.2% | — |
| Feb 7, 2024 | AMC | 0.43 | 0.33 | -23.3% | 36.19 | +3.4% | -2.5% | +1.2% | +1.8% | -0.7% | +1.1% | — |
| Nov 16, 2023 | AMC | 0.25 | 0.34 | +36.0% | 31.24 | +1.4% | +1.8% | -0.4% | +2.5% | +2.8% | -0.2% | — |
| Aug 8, 2023 | AMC | 0.20 | 0.23 | +15.0% | 32.72 | +0.5% | +1.1% | -0.7% | +0.2% | +1.7% | -1.6% | — |
| May 9, 2023 | AMC | 0.18 | 0.06 | -66.7% | 25.76 | +0.9% | +1.8% | -1.4% | -2.2% | +4.2% | -3.2% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 21 | Morgan Stanley | Maintains | Overweight → Overweight | — | $30.51 | $30.64 | +0.4% | -3.4% | -0.6% | -1.1% | -0.2% | -0.9% |
| Mar 31 | Guggenheim | Maintains | Buy → Buy | — | $24.10 | $24.51 | +1.7% | +6.0% | +0.9% | +1.4% | -0.4% | +3.8% |
| Feb 13 | Scotiabank | Upgrade | Sector Perform → Sector Outperform | — | $28.55 | $28.84 | +1.0% | +3.2% | +0.2% | -0.9% | -0.1% | +2.3% |
| Jan 21 | Citigroup | Maintains | Buy → Buy | — | $29.90 | $29.84 | -0.2% | -0.1% | -0.0% | +1.6% | +0.2% | -0.4% |
| Dec 18 | Morgan Stanley | Upgrade | Equal Weight → Overweight | — | $28.55 | $28.96 | +1.4% | +2.8% | +0.0% | +2.0% | +0.1% | -0.4% |
| Dec 11 | Jefferies | Maintains | Buy → Buy | — | $27.97 | $28.16 | +0.7% | -0.4% | -0.2% | +0.2% | +1.1% | +1.4% |
| Nov 21 | BofA Securities | Maintains | Neutral → Neutral | — | $29.69 | $29.85 | +0.5% | +3.4% | -5.6% | -2.2% | -1.2% | +0.8% |
| Oct 30 | Bernstein | Maintains | Outperform → Outperform | — | $31.32 | $31.32 | +0.0% | +1.5% | +0.5% | -3.6% | -1.5% | -1.8% |
| Oct 14 | Wells Fargo | Upgrade | Equal Weight → Overweight | — | $32.15 | $32.35 | +0.6% | +1.3% | -0.5% | +0.2% | +1.6% | +0.9% |
| Oct 8 | JP Morgan | Maintains | Overweight → Overweight | — | $32.72 | $32.83 | +0.3% | -0.2% | -1.7% | -0.1% | +0.2% | +1.3% |
| Oct 1 | BofA Securities | Maintains | Neutral → Neutral | — | $34.06 | $34.06 | +0.0% | +0.5% | -0.1% | -1.0% | -0.6% | -2.8% |
| Sep 10 | Tigress Financial | Maintains | Buy → Buy | — | $33.48 | $33.50 | +0.1% | +1.1% | +1.2% | -1.8% | -0.3% | -0.5% |
| Sep 9 | Citigroup | Maintains | Buy → Buy | — | $33.71 | $33.99 | +0.8% | -0.7% | +1.1% | +1.2% | -1.8% | -0.3% |
| Aug 12 | Goldman Sachs | Maintains | Neutral → Neutral | — | $31.64 | $31.70 | +0.2% | -0.3% | +1.7% | +0.5% | +0.9% | -0.5% |
| Aug 8 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $31.15 | $31.18 | +0.1% | +1.8% | -0.2% | -0.3% | +1.7% | +0.5% |
| Aug 8 | UBS | Maintains | Buy → Buy | — | $31.15 | $31.18 | +0.1% | +1.8% | -0.2% | -0.3% | +1.7% | +0.5% |
| Jul 15 | Redburn Atlantic | Upgrade | Sell → Neutral | — | $30.46 | $30.73 | +0.9% | -0.5% | +2.0% | +1.2% | -0.2% | -0.7% |
| Jul 9 | Barclays | Maintains | Equal Weight → Equal Weight | — | $29.49 | $29.84 | +1.2% | +1.7% | -0.2% | -0.5% | +2.3% | -0.5% |
| Jul 9 | BofA Securities | Upgrade | Underperform → Neutral | — | $29.49 | $29.84 | +1.2% | +1.7% | -0.2% | -0.5% | +2.3% | -0.5% |
| Jul 7 | JP Morgan | Maintains | Overweight → Overweight | — | $29.39 | $29.26 | -0.4% | +0.1% | +0.2% | +1.7% | -0.2% | -0.5% |
| Jul 3 | Bernstein | Maintains | Outperform → Outperform | — | $29.15 | $29.42 | +0.9% | +0.8% | +0.1% | +0.2% | +1.7% | -0.2% |
| May 29 | Citigroup | Maintains | Buy → Buy | — | $26.30 | $26.29 | -0.0% | -0.5% | +0.5% | -1.3% | -0.2% | +1.7% |
| May 12 | Goldman Sachs | Downgrade | Buy → Neutral | — | $27.36 | $27.73 | +1.4% | +0.4% | +0.0% | -0.8% | +1.0% | +0.6% |
| May 9 | UBS | Maintains | Buy → Buy | — | $27.70 | $27.97 | +1.0% | -1.2% | +0.4% | +0.0% | -0.8% | +1.0% |
| May 9 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $27.70 | $27.97 | +1.0% | -1.2% | +0.4% | +0.0% | -0.8% | +1.0% |
| May 9 | Guggenheim | Maintains | Buy → Buy | — | $27.70 | $27.97 | +1.0% | -1.2% | +0.4% | +0.0% | -0.8% | +1.0% |
| May 9 | Barclays | Maintains | Equal Weight → Equal Weight | — | $27.70 | $27.97 | +1.0% | -1.2% | +0.4% | +0.0% | -0.8% | +1.0% |
| Apr 21 | Morgan Stanley | Downgrade | Overweight → Equal Weight | — | $29.12 | $28.37 | -2.6% | -4.8% | +1.2% | +2.0% | +2.1% | +2.1% |
| Feb 14 | Citigroup | Upgrade | Neutral → Buy | — | $35.11 | $36.09 | +2.8% | +3.4% | -1.1% | -1.2% | +0.3% | -0.9% |
| Feb 7 | Guggenheim | Maintains | Buy → Buy | — | $31.75 | $32.11 | +1.1% | +3.1% | +2.0% | +1.0% | +2.9% | +1.3% |
| Jan 30 | Macquarie | Maintains | Neutral → Neutral | — | $31.48 | $31.80 | +1.0% | +2.4% | -1.3% | +0.3% | +1.4% | -0.8% |
| Jan 13 | Morgan Stanley | Maintains | Overweight → Overweight | — | $29.34 | $29.21 | -0.4% | +0.7% | +0.1% | -0.0% | +1.5% | +0.7% |
| Jan 10 | UBS | Maintains | Buy → Buy | — | $29.30 | $29.05 | -0.9% | +0.1% | +0.7% | +0.1% | -0.0% | +1.5% |
| Jan 9 | Evercore ISI | Maintains | Outperform → Outperform | — | — | — | — | — | — | — | — | — |
| Jan 8 | Guggenheim | Maintains | Buy → Buy | — | $31.03 | $30.53 | -1.6% | -5.6% | +0.1% | +0.7% | +0.1% | -0.0% |
| Dec 4 | Guggenheim | Maintains | Buy → Buy | — | $32.34 | $32.23 | -0.3% | -1.2% | -0.6% | +2.1% | -1.5% | +0.7% |
| Nov 29 | Citigroup | Maintains | Neutral → Neutral | — | $32.10 | $32.25 | +0.5% | +1.3% | -1.1% | +0.5% | -1.2% | -0.6% |
| Nov 25 | Loop Capital | Maintains | Hold → Hold | — | $31.85 | $31.95 | +0.3% | +0.6% | +1.1% | -0.9% | +1.3% | -1.1% |
| Nov 22 | JP Morgan | Maintains | Overweight → Overweight | — | $31.18 | $30.94 | -0.8% | +2.1% | +0.6% | +1.1% | -0.9% | +1.3% |
| Nov 22 | Barclays | Maintains | Equal Weight → Equal Weight | — | $31.18 | $30.94 | -0.8% | +2.1% | +0.6% | +1.1% | -0.9% | +1.3% |
| Nov 22 | Macquarie | Maintains | Neutral → Neutral | — | $31.18 | $30.94 | -0.8% | +2.1% | +0.6% | +1.1% | -0.9% | +1.3% |
| Nov 22 | Guggenheim | Maintains | Buy → Buy | — | $31.18 | $30.94 | -0.8% | +2.1% | +0.6% | +1.1% | -0.9% | +1.3% |
| Oct 11 | Macquarie | Maintains | Neutral → Neutral | — | $31.00 | $30.92 | -0.3% | +0.5% | -0.1% | +0.4% | +2.2% | +1.1% |
| Oct 4 | BofA Securities | Downgrade | Neutral → Underperform | — | $31.86 | $31.19 | -2.1% | -2.3% | -1.3% | +0.7% | +0.2% | -0.1% |
| Sep 12 | Tigress Financial | Maintains | Buy → Buy | — | $28.24 | $28.37 | +0.5% | +1.2% | +1.6% | +3.7% | +0.5% | +0.5% |
| Aug 13 | Deutsche Bank | Maintains | Buy → Buy | — | $27.51 | $27.53 | +0.1% | +1.5% | +0.2% | +1.1% | -0.2% | +2.5% |
| Aug 8 | Evercore ISI | Maintains | Outperform → Outperform | — | $28.65 | $29.00 | +1.2% | -0.9% | -0.2% | -2.9% | +1.5% | +0.2% |
| Aug 8 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $28.65 | $29.00 | +1.2% | -0.9% | -0.2% | -2.9% | +1.5% | +0.2% |
| Aug 8 | Macquarie | Maintains | Neutral → Neutral | — | $28.65 | $29.00 | +1.2% | -0.9% | -0.2% | -2.9% | +1.5% | +0.2% |
| Aug 1 | Macquarie | Maintains | Neutral → Neutral | — | $30.01 | $29.95 | -0.2% | -3.3% | -2.7% | -2.4% | +1.9% | +1.9% |
No insider trades available.
8-K · 1.01
! Medium
Unknown — 8-K 1.01: Financing / Debt Agreement
A new or modified credit agreement suggests potential debt restructuring or refinancing needs; investors should monitor leverage ratios and interest coverage to assess financial flexibility and earnings impact.
Mar 11
8-K
Warner Music Group Corp. -- 8-K Filing
Warner Music Group filed a routine 8-K disclosure confirming its SEC registration status and entity identification information without announcing material business developments or transactions.
Mar 6
8-K
Warner Music Group Corp. -- 8-K Filing
Warner Music Group's new leadership emphasizes strong foundational performance and emerging growth opportunities, positioning the company to capitalize on increased demand for music content and predictable recurring revenue streams.
Mar 3
8-K
Warner Music Group Corp. -- 8-K Filing
Warner Music Group's 8-K filing confirms its SEC registration status and disclosure obligations under Exchange Act rules, with no material business developments announced.
Feb 5
8-K
Warner Music Group Corp. -- 8-K Filing
Warner Music Group reported Q1 FY2026 results ending December 31, 2025, with filing details signed by CFO Armin Zerza on February 5, 2026.
Feb 5
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| 1 | Independent Franchise Partners Llp | 13,034,254 | $333M | — | Mar 2026 |
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| 3 | Barrow Hanley Mewhinney & Strauss Llc | 9,261,674 | $237M | Added | Mar 2026 |
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Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$14.80B
Enterprise Value
$18.64B
P/E (TTM)
40.74x
Forward P/E
21.55x
PEG Ratio
-3.09x
P/B
19.56x
P/S
2.21x
P/FCF
27.46x
EV/EBITDA
16.73x
Shares Out
519.0M
Financials (TTM)
Revenue
$6.71B
Net Income
$365.0M
EBITDA
$1.11B
Free Cash Flow
$539.0M
Op Cash Flow
$678.0M
EPS Basic
$0.70
EPS Diluted
$0.70
EPS Forward
$1.32
Gross Margin
45.9%
Op Margin
10.3%
Net Margin
5.4%
Balance Sheet
Total Assets
$9.83B
Total Liab.
$9.07B
Total Equity
$757.0M
Cash
$532.0M
LT Debt
$4.37B
Book Value/Sh
$1.46
Debt/Equity
7.12x
Current Ratio
0.66
Quick Ratio
0.64
Returns & Growth
ROE
42.4%
ROA
3.0%
ROIC
9.2%
Rev Growth YoY
+4.4%
EPS Growth YoY
-15.7%
Price Returns
2W
-3.9%
1M
+11.6%
3M
+10.3%
6M
+11.7%
12M
+19.8%
Technicals
52W High
$34.72
52W Low
$23.65
50d MA
$30.45
200d MA
$30.07
RSI (14)
18.70
ATR (14)
$1.04
Beta
1.28
Avg Volume
2.9M
Dividends
Div Rate
$0.74
Div Yield
2.6%
Frequency
4
Ex-Div Date
Feb 18, 2026
Analyst Price Targets
Consensus
$35.50
High
$38.00
Low
$33.00
Median
$35.50
Data updated apr 27, 2026 9:38am
· Source: financialmodelingprep.com