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as 11-15-2024 4:00pm EST

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Stocks

Consumer Discretionary

Services-Misc. Amusement & Recreation

Nasdaq

Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 150,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 73% economic interest.

Founded: 1929 Country:
United States
United States
Employees: N/A City: NEW YORK
Market Cap: 16.7B IPO Year: 2020
Target Price: $35.91 AVG Volume (30 days): 1.2M
Analyst Decision: Buy Number of Analysts: 11
Dividend Yield:
2.19%
Dividend Payout Frequency: Quarterly
EPS: 1.04 EPS Growth: 27.93
52 Week Low/High: $27.06 - $38.05 Next Earning Date: 11-21-2024
Revenue: $6,382,000,000 Revenue Growth: 7.30%
Revenue Growth (this year): 7.04% Revenue Growth (next year): 4.41%

WMG Daily Stock ML Predictions

Stock Insider Trading Activity of Warner Music Group Corp. (WMG)

Name Ticker Relationship Date Transaction AVG Cost Per Share Shares Total Value Securities Owned After Transaction(s) SEC Form 4
Lousada Max WMG CEO, Recorded Music Sep 11 '24 Sell $28.09 250,769 $7,044,101.21 2,039,002
Lousada Max WMG CEO, Recorded Music Sep 6 '24 Sell $28.12 436,193 $12,215,170.16 2,039,002
Lousada Max WMG CEO, Recorded Music Sep 3 '24 Sell $28.21 247,505 $6,979,264.97 2,039,002

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