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Warner Music Group Corp. WMG

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Price alert · WMG

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30.62 USD +0.15 +0.49%

At close · Oct 30

30.62 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
30.61 × 2
Ask
30.62 × 2
30.36 Day range 31.10
23.65 52-week range 34.72
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

2Y chart

Chart tools
Interval

Events in this range
  • Nov 19, 2024Dividend: 0.18
  • Feb 24, 2025Dividend: 0.18
  • May 27, 2025Dividend: 0.18
  • Aug 7, 2025Earnings: -0.03; estimate 0.2903; surprise -110.33%
  • Aug 20, 2025Dividend: 0.19
  • Nov 19, 2025Dividend: 0.19
  • Nov 20, 2025Earnings: 0.21; estimate 0.35; surprise -40%
  • Feb 5, 2026Earnings: 0.33; estimate 0.4; surprise -17.5%
  • Feb 18, 2026Dividend: 0.19
  • May 7, 2026Earnings: 0.34; estimate 0.2672; surprise 27.25%
  • May 8, 2026Rating: Evercore ISI Group · Outperform → Outperform
  • May 8, 2026Rating: JP Morgan · Overweight → Overweight
  • May 8, 2026Rating: UBS · Buy → Buy
  • May 26, 2026Dividend: 0.19
  • Aug 5, 2026Earnings: 0.38; estimate 0.3435; surprise 10.63%
  • Aug 20, 2026Dividend: 0.2
  • Sep 29, 2026Rating: Guggenheim · Buy → Buy
  • Oct 1, 2026Rating: UBS · Buy → Buy
  • Oct 15, 2026Rating: StoneX · — → Buy
Signals (92)
NameDateAgo
MACD: Sell SignalOct 28, 20263 days ago
RSI: OverboughtOct 15, 20262 weeks ago
SMA: BullishOct 8, 20263 weeks ago
MACD: Buy SignalOct 7, 20263 weeks ago
SMA: BullishOct 5, 20263 weeks ago
SMA: BearishOct 1, 20261 month ago
SMA: BullishSep 29, 20261 month ago
SMA: BearishSep 22, 20261 month ago
MACD: Sell SignalSep 17, 20261 month ago
SMA: BearishSep 16, 20261 month ago
SMA: BullishSep 14, 20261 month ago
SMA: BearishSep 8, 20261 month ago
SMA: BullishSep 3, 20261 month ago
SMA: BullishAug 24, 20262 months ago
MACD: Buy SignalAug 18, 20262 months ago
MACD: Sell SignalJul 31, 20263 months ago
MACD: Buy SignalJul 28, 20263 months ago
MACD: Sell SignalJul 23, 20263 months ago
MACD: Buy SignalJul 2, 20264 months ago
RSI: OversoldJun 24, 20264 months ago
SMA: BearishJun 9, 20264 months ago
SMA: BullishJun 4, 20264 months ago
SMA: BearishJun 3, 20265 months ago
SMA: BearishJun 3, 20265 months ago
MACD: Sell SignalMay 28, 20265 months ago
RSI: OverboughtMay 21, 20265 months ago
RSI: OverboughtMay 15, 20265 months ago
RSI: OverboughtMay 8, 20265 months ago
MACD: Buy SignalMay 7, 20265 months ago
SMA: BullishMay 6, 20265 months ago
MACD: Sell SignalApr 28, 20266 months ago
SMA: BearishApr 21, 20266 months ago
SMA: BullishApr 17, 20266 months ago
RSI: OverboughtApr 16, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalMar 31, 20267 months ago
RSI: OversoldMar 18, 20267 months ago
MACD: Sell SignalMar 6, 20267 months ago
MACD: Buy SignalMar 5, 20268 months ago
SMA: BearishFeb 23, 20268 months ago
MACD: Sell SignalFeb 23, 20268 months ago
SMA: BullishFeb 20, 20268 months ago
MACD: Buy SignalFeb 20, 20268 months ago
SMA: BearishFeb 12, 20268 months ago
MACD: Sell SignalFeb 12, 20268 months ago
SMA: BearishFeb 11, 20268 months ago
MACD: Buy SignalFeb 11, 20268 months ago
SMA: BullishFeb 10, 20268 months ago
SMA: BullishFeb 9, 20268 months ago
SMA: BearishFeb 3, 20269 months ago
SMA: BearishFeb 3, 20269 months ago
SMA: BullishFeb 2, 20269 months ago
SMA: BearishJan 28, 20269 months ago
SMA: BullishJan 23, 20269 months ago
SMA: BearishJan 20, 20269 months ago
MACD: Sell SignalJan 20, 20269 months ago
SMA: BullishJan 9, 20269 months ago
SMA: BearishJan 6, 20269 months ago
SMA: BullishDec 30, 202510 months ago
SMA: BullishDec 29, 202510 months ago
MACD: Buy SignalDec 10, 202510 months ago
MACD: Sell SignalNov 24, 202511 months ago
MACD: Buy SignalNov 19, 202511 months ago
RSI: OversoldNov 4, 202512 months ago
SMA: BearishNov 3, 202512 months ago
MACD: Sell SignalOct 27, 20251 year ago
SMA: BearishOct 24, 20251 year ago
MACD: Buy SignalOct 21, 20251 year ago
SMA: BullishOct 20, 20251 year ago
SMA: BearishOct 8, 20251 year ago
MACD: Sell SignalSep 2, 20251 year ago
RSI: OverboughtAug 27, 20251 year ago
RSI: OverboughtAug 22, 20251 year ago
MACD: Buy SignalAug 11, 20251 year ago
MACD: Sell SignalJul 29, 20251 year ago
RSI: OverboughtJul 3, 20251 year ago
SMA: BullishJul 1, 20251 year ago
MACD: Buy SignalJun 4, 20251 year ago
RSI: OversoldMay 22, 20251 year ago
MACD: Sell SignalMay 9, 20251 year ago
MACD: Buy SignalApr 24, 20251 year ago
RSI: OversoldApr 4, 20251 year ago
SMA: BearishMar 27, 20251 year ago
SMA: BullishMar 26, 20251 year ago
SMA: BearishMar 20, 20251 year ago
SMA: BullishMar 14, 20251 year ago
SMA: BearishMar 13, 20251 year ago
MACD: Sell SignalFeb 26, 20251 year ago
RSI: OverboughtFeb 12, 20251 year ago
SMA: BullishJan 28, 20251 year ago
MACD: Buy SignalJan 21, 20251 year ago
RSI: OversoldJan 8, 20251 year ago

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

Buy
Price target (mean) 38.00 +24.1% upside
Target (low)
30.00
Target (mean)
38.00
Target (high)
46.00
Ratings (0m) 17 14 buy · 3 hold · 0 sell
  • Strong buy3
  • Buy11
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

Nov 19, 2026

Expected Nov 19, 2026. Consensus EPS estimate 0.42131.

Earnings history

Financials — quick view

All financials
WMG Revenue — quarterly 1.86B
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
WMG Net income — quarterly 204.00M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
WMG EPS — quarterly 0.39
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026

Earnings

WMG recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 19, 2026Sep 30, 20260.363———
Aug 5, 2026Jun 30, 20260.34350.38+0.04+10.63%
May 7, 2026Mar 31, 20260.26720.34+0.07+27.25%
Feb 5, 2026Dec 31, 20250.400.33-0.07-17.50%
Nov 20, 2025Sep 30, 20250.350.21-0.14-40.00%
Aug 7, 2025Jun 30, 20250.2903-0.03-0.32-110.33%

Upgrades / downgrades

WMG analyst upgrades and downgrades
DateFirmActionFromTo
Oct 15, 2026StoneXinit—Buy
Oct 1, 2026UBSmainBuyBuy
Sep 29, 2026GuggenheimreitBuyBuy
May 8, 2026UBSmainBuyBuy
May 8, 2026JP MorganmainOverweightOverweight
May 8, 2026Evercore ISI GroupmainOutperformOutperform

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

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Insider holders

WMG insider holders
InsiderRelationLatest transactionDateShares held
BENET LINCOLN EDirectorSaleDec 19, 2024242,360
BLAVATNIK VALENTINDirectorPurchaseDec 1, 2025104,074
CASTELLANI BRYANChief Financial OfficerStock Award(Grant)Jan 2, 2025136,515
HIGGINSON CARLETTAOfficerStock Award(Grant)Jan 1, 2026200,596
KYNCL ROBERTChief Executive OfficerStock Award(Grant)Jan 1, 2026731,365
MARSHALL CARIANNEOfficerStock Award(Grant)Jan 1, 2026229,084

Institution ownership

WMG institution ownership
Holder% heldSharesValueReported
Independent Franchise Partners, LLP8.80%12,997,804397.99MJun 29, 2026
Darsana Capital Partners, LP8.08%11,943,199365.70MJun 29, 2026
JPMORGAN CHASE & CO7.57%11,188,756342.60MJun 29, 2026
Blackrock Inc.6.91%10,209,746312.62MJun 29, 2026
Barrow, Hanley Mewhinney & Strauss, LLC6.03%8,909,122272.80MJun 29, 2026
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP4.54%6,705,884205.33MJun 29, 2026

Fund ownership

WMG fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Mid-Cap ETF3.56%5,261,732161.11MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund2.98%4,401,579134.78MJun 29, 2026
Bridge Builder Trust-Bridge Builder Large Cap Value Fund2.25%3,330,234101.97MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.16%3,187,46697.60MJun 29, 2026
Advisers Investment TRT-Independent Franchise Part. US Eqy. Fd.1.25%1,847,57656.57MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund1.24%1,835,31556.20MJun 29, 2026
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