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Warner Music Group Corp. (WMG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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32.09+0.09 (+0.28%)
At close: 04:00PM EDT
32.46 +0.37 (+1.15%)
After hours: 06:15PM EDT
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Trade prices are not sourced from all markets
Previous close32.00
Open32.16
Bid32.06 x 1100
Ask32.11 x 300
Day's range32.02 - 32.43
52-week range29.07 - 38.05
Volume1,792,843
Avg. volume2,385,714
Market cap16.62B
Beta (5Y monthly)1.38
PE ratio (TTM)31.77
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.68 (2.13%)
Ex-dividend date22 May 2024
1y target estN/A
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  • Yahoo Finance Video

    Universal or Warner: Which music stock is the one to own?

    On today's segment of Good Buy or Goodbye, host Julie Hyman is joined by BD8 Capital Partners CEO and CIO Barbara Doran to discuss her top stock pick within the music industry. Doran recommends Universal Music Group (UMG.AS) as a stock to buy. She highlights streaming growth and price increases among UMG artists, "driven by names like Spotify (SPOT)." She notes the shift toward more "artist-centric" music platforms, where each song download directly pays the artist, benefitting UMG. Doran also emphasizes UMG's position among the "big three" in the music industry — Universal, Warner, and Sony (SONY) dominating market share "with almost 30% of share." Additionally, UMG's deep catalog of high-profile artists, including Taylor Swift and Kendrick Lamar, is a strong asset: "When you have all the big names, it makes it much easier to recruit new names." Conversely, Doran advises investors to avoid Warner Music Group (WMG). She cites the company's smaller size and scale as a limiting factor in attracting new artists and innovating due to resource constraints. Doran points to challenges in artist recruitment, describing their execution as "a bit erratic." Lastly, she mentions ongoing pricing pressure issues affecting the company's performance. Catch more of Yahoo Finance's Good Buy or Goodbye, or watch this full episode of Market Domination. This post was written by Angel Smith

  • Simply Wall St.

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    Key Insights Warner Music Group's estimated fair value is US$44.31 based on 2 Stage Free Cash Flow to Equity Warner...