WMG
Warner Music Group Corp.
Set alert
- YTD
- -0.16%
- 1 year
- -3.68%
- Open
- 30.80
- Prev close
- 30.47
- Mkt cap
- 16.02B
- Vol
- 2.13M
- Avg vol
- 2.17M
- EPS
- 1.25
- P/E
- 24.50
- Div yield
- 2.63%
More statistics
- Low
- 30.36
- High
- 31.10
- Forward P/E
- 15.56
- Beta
- 1.40
- Short ratio
- 4.37
- Inst. own
- 109.80%
- Dividend
- 0.80
- Ex-div date
- Aug 19, 2026
- Earnings
- Nov 19, 2026
- 50-d avg
- 28.63
- 200-d avg
- 28.57
- 1y target
- 38.00
Key statistics
- Market cap
- 16.02B
- Enterprise value
- 20.47B
- Trailing P/E
- 24.50
- Forward P/E
- 15.56
- PEG ratio
- 0.55
- Price / sales
- 2.19
- Price / book
- 18.75
- EPS (TTM)
- 1.25
- Beta
- 1.40
- Dividend yield
- 2.63%
- Payout ratio
- 60.80%
- Profit margin
- 9.20%
- Revenue (TTM)
- 7.30B
- Revenue growth
- 10.40%
- Free cash flow
- 382.25M
- Total cash
- 618.00M
- Total debt
- 4.92B
- Return on equity
- 70.07%
- Shares outstanding
- 147.73M
- Short % of float
- 8.84%
- 50-day average
- 28.63
- 200-day average
- 28.57
Analyst view
Consensus: buy
- Target (low)
- 30.00
- Target (mean)
- 38.00
- Target (high)
- 46.00
- Strong buy3
- Buy11
- Hold3
- Sell0
- Strong sell0
Next earnings
Nov 19, 2026
Expected Nov 19, 2026. Consensus EPS estimate 0.42131.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 19, 2026 | Sep 30, 2026 | 0.363 | — | — | — |
| Aug 5, 2026 | Jun 30, 2026 | 0.3435 | 0.38 | +0.04 | +10.63% |
| May 7, 2026 | Mar 31, 2026 | 0.2672 | 0.34 | +0.07 | +27.25% |
| Feb 5, 2026 | Dec 31, 2025 | 0.40 | 0.33 | -0.07 | -17.50% |
| Nov 20, 2025 | Sep 30, 2025 | 0.35 | 0.21 | -0.14 | -40.00% |
| Aug 7, 2025 | Jun 30, 2025 | 0.2903 | -0.03 | -0.32 | -110.33% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 15, 2026 | StoneX | init | — | Buy |
| Oct 1, 2026 | UBS | main | Buy | Buy |
| Sep 29, 2026 | Guggenheim | reit | Buy | Buy |
| May 8, 2026 | UBS | main | Buy | Buy |
| May 8, 2026 | JP Morgan | main | Overweight | Overweight |
| May 8, 2026 | Evercore ISI Group | main | Outperform | Outperform |
About Warner Music Group Corp.
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it 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. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
- Sector
- Communication Services
- Industry
- Entertainment
- Country
- United States
- Website
- wmg.com
News
- Spotify Climbs 6% on Report of Paid AI Remix Service; Sirius XM Edges Higher, Warner Music and Netflix Hold Steady
- Warner Music Group Corp. $WMG Stock Sold by Robeco Institutional Asset Management B.V.
- Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, November 19, 2026
- Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, November 19, 2026
- Warner Music Group (WMG) Moves 6.2% Higher: Will This Strength Last?
- Warner Music Group Corp. (NASDAQ:WMG) Stock Has Consensus Price Target of $38.27 According to Brokerages
- StoneX Initiates Coverage On Warner Music Gr with Buy Rating, Announces Price Target of $41
- UBS Maintains Buy on Warner Music Gr, Raises Price Target to $43
- As AI Turns Media on Its Head, the Curators Win
- Guggenheim Reiterates Buy on Warner Music Gr, Maintains $36 Price Target
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BENET LINCOLN E | Director | Sale | Dec 19, 2024 | 242,360 |
| BLAVATNIK VALENTIN | Director | Purchase | Dec 1, 2025 | 104,074 |
| CASTELLANI BRYAN | Chief Financial Officer | Stock Award(Grant) | Jan 2, 2025 | 136,515 |
| HIGGINSON CARLETTA | Officer | Stock Award(Grant) | Jan 1, 2026 | 200,596 |
| KYNCL ROBERT | Chief Executive Officer | Stock Award(Grant) | Jan 1, 2026 | 731,365 |
| MARSHALL CARIANNE | Officer | Stock Award(Grant) | Jan 1, 2026 | 229,084 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Independent Franchise Partners, LLP | 8.80% | 12,997,804 | 397.99M | Jun 29, 2026 |
| Darsana Capital Partners, LP | 8.08% | 11,943,199 | 365.70M | Jun 29, 2026 |
| JPMORGAN CHASE & CO | 7.57% | 11,188,756 | 342.60M | Jun 29, 2026 |
| Blackrock Inc. | 6.91% | 10,209,746 | 312.62M | Jun 29, 2026 |
| Barrow, Hanley Mewhinney & Strauss, LLC | 6.03% | 8,909,122 | 272.80M | Jun 29, 2026 |
| DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP | 4.54% | 6,705,884 | 205.33M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Mid-Cap ETF | 3.56% | 5,261,732 | 161.11M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.98% | 4,401,579 | 134.78M | Jun 29, 2026 |
| Bridge Builder Trust-Bridge Builder Large Cap Value Fund | 2.25% | 3,330,234 | 101.97M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.16% | 3,187,466 | 97.60M | Jun 29, 2026 |
| Advisers Investment TRT-Independent Franchise Part. US Eqy. Fd. | 1.25% | 1,847,576 | 56.57M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund | 1.24% | 1,835,315 | 56.20M | Jun 29, 2026 |