Warner Music Group

WMG · NASDAQ

$31.33+$0.29 (+0.93%)TodayMarket closed ·
Prev close $31.04

About WMG

Warner Music Group Corp. engages in the publishing and recording of music. The company is headquartered in New York City, New York and currently employs 5,500 full-time employees. The company went IPO on 2020-06-03. The firm brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Its record labels include Atlantic Records, Warner Records, Elektra Records, Parlophone Records, and Cloud 9 Recordings. Its recorded music segment includes labels, such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. Its music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre. The company is also home to the Alternative Distribution Alliance (ADA), which supports the independent community, as well as artist services division WMX. In addition, it counts film and television storytelling powerhouse, Warner Music Entertainment, among its brands.

Employees
5,500
Headquarters
New York City, New York
Listed
Jun 3, 2020
Sector
Communication Services
Industry
Entertainment
Website
wmg.com

WMG key statistics

Market cap
14.38B
Price-earnings ratio
24.54
Dividend yield
2.42%
Average volume
2.24M
Volume
3.40M
Open price
$31.13
High today
$31.54
Low today
$30.89
52 Week high
$35.42
52 Week low
$23.34

Warner Music Group (WMG) at a glance

Warner Music Group (WMG) last traded at $31.33, with a market cap of 14.38B, a price-to-earnings ratio of 24.54 and a dividend yield of 2.42%.

Today the stock has traded between $30.89 and $31.54. The current price is 1.4% above the day's low and 0.7% below its high.

Volume so far is 3.40M shares, above the average of 2.24M shares a day.

Over the past year Warner Music Group has ranged from $23.34 to $35.42, and now sits 66% of the way up that range.

Warner Music Group met or beat analyst EPS estimates in 3 of the last 8 quarters. In Q3 FY26 it reported $0.39 per share against an estimate of $0.345.

The average analyst price target is $37.24, 18.9% above the current price, from 10 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

90%of 10 analyst ratings say Buy
  • Buy90.0%
  • Hold10.0%
  • Sell0.0%
Price target · 20 analystsAvg $37.24
Low
$23.23
Now
$31.33
High
$48.30

WMG earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 3 of the last 8 quarters, by 23.2% on average.

  1. Q4 FY24: reported $0.08 per share against an estimate of $0.2786
  2. Q1 FY25: reported $0.45 per share against an estimate of $0.3432
  3. Q2 FY25: reported $0.07 per share against an estimate of $0.2764
  4. Q3 FY25: reported -$0.03 per share against an estimate of $0.2749
  5. Q4 FY25: reported $0.21 per share against an estimate of $0.3356
  6. Q1 FY26: reported $0.33 per share against an estimate of $0.3655
  7. Q2 FY26: reported $0.34 per share against an estimate of $0.2712
  8. Q3 FY26: reported $0.39 per share against an estimate of $0.345

WMG news

  • Mohd Haider

    Sony Music, Warner Chappell Sue Anthropic Over Alleged Mass Copyright Infringement, Seek up to $150,000 per Song (UPDATED)

  • Press releaseBusiness Wire

    Warner Music Group Corp. Reports Results for Fiscal Third Quarter Ended June 30, 2026

  • Namrata Sen

    Spotify Says Its AI Music Plans Won't Miss a Beat Without Every Major Label— Here's Why

  • Akanksha Bakshi

    Warner Music Stock Rises After Preliminary Results Show Stronger Profit And Cash Flow

  • Press releaseBusiness Wire

    Warner Music Group Corp. to Conduct Earnings Conference Call on Wednesday, August 5, 2026

  • Warner Music Group CFO & COO Armin Zerza Steps Down Effective Immediately; Lou Dickler Appointed Acting CFO

  • Press releaseBusiness Wire

    Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 6, 2026

  • Press releasePRNewswire

    WARNER MUSIC GROUP ACQUIRES SUREEL AI

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.