Warner Music Group Corp. (WMG)
After hours:
| Previous close | 29.58 |
| Open | 30.21 |
| Bid | 21.45 x 200 |
| Ask | 29.86 x 500 |
| Day's range | 29.73 - 30.45 |
| 52-week range | 28.89 - 38.05 |
| Volume | |
| Avg. volume | 2,578,861 |
| Market cap | 15.449B |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 29.53 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.68 (2.28%) |
| Ex-dividend date | 22 May 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Commercial real estate, Good Buy or Goodbye: Market Domination
The markets are rushing to the close with just one hour to go, but Market Domination's Julie Hyman and Josh Lipton are still here to walk investors through the day's biggest stories and stock moves. BD8 Capital Partners CEO and chief investment officer Barbara Doran lays out the key differences between President Biden and former President Trump's fiscal policies, and what they both mean for US equity markets (^DJI, ^IXIC, ^GSPC) at large. Doran sticks around for today's episode of Good Buy or Goodbye and argues which music label stock investors should be watching. Moody's Analytics head of commercial real estate economics Tom LaSalvia joins the program to discuss the biggest detractors to getting the CRE sector back on track as office vacancy rates climb to record highs. Other top trending tickers on the Yahoo Finance platform include Nvidia (NVDA), ServiceNow (NOW), and ExxonMobil (XOM). For more expert insight and the latest market action, click here. This post was written by Luke Carberry Mogan.
- 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.
Warner Music Group Corp.'s (NASDAQ:WMG) Intrinsic Value Is Potentially 45% Above Its Share Price
Key Insights Warner Music Group's estimated fair value is US$44.31 based on 2 Stage Free Cash Flow to Equity Warner...
