Barrington Research Estimates WBD FY2027 Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD - Free Report) - Barrington Research issued their FY2027 earnings per share (EPS) estimates for shares of Warner Bros. Discovery in a research report issued to clients and investors on Wednesday, March 5th. Barrington Research analyst P. Sholl anticipates that the company will post earnings of ($0.05) per share for the year. Barrington Research currently has a "Outperform" rating and a $16.00 target price on the stock. The consensus estimate for Warner Bros. Discovery's current full-year earnings is ($4.33) per share.

Warner Bros. Discovery (NASDAQ:WBD - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.30). The firm had revenue of $10.03 billion during the quarter, compared to analyst estimates of $10.16 billion. Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%.

Other equities research analysts also recently issued reports about the company. JPMorgan Chase & Co. raised their target price on Warner Bros. Discovery from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, January 14th. Guggenheim raised their target price on Warner Bros. Discovery from $11.00 to $12.50 and gave the company a "buy" rating in a report on Thursday, December 12th. Moffett Nathanson upgraded Warner Bros. Discovery from a "neutral" rating to a "buy" rating and raised their target price for the company from $9.00 to $13.00 in a report on Tuesday, January 21st. Needham & Company LLC reiterated a "hold" rating on shares of Warner Bros. Discovery in a report on Friday, February 28th. Finally, Citigroup raised their target price on Warner Bros. Discovery from $13.00 to $15.00 and gave the company a "buy" rating in a report on Wednesday. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, Warner Bros. Discovery has an average rating of "Moderate Buy" and a consensus target price of $11.91.

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Warner Bros. Discovery Stock Up 3.5 %

Shares of NASDAQ:WBD traded up $0.37 during mid-day trading on Friday, hitting $11.07. 49,417,596 shares of the company traded hands, compared to its average volume of 30,151,116. The firm has a market cap of $27.16 billion, a P/E ratio of -2.42, a PEG ratio of 8.64 and a beta of 1.48. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80. Warner Bros. Discovery has a 52-week low of $6.64 and a 52-week high of $12.70. The firm's 50 day simple moving average is $10.39 and its 200 day simple moving average is $9.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Golden State Equity Partners boosted its position in Warner Bros. Discovery by 6.5% during the 4th quarter. Golden State Equity Partners now owns 16,124 shares of the company's stock worth $170,000 after acquiring an additional 986 shares during the period. Colonial Trust Advisors raised its position in shares of Warner Bros. Discovery by 71.8% during the fourth quarter. Colonial Trust Advisors now owns 2,383 shares of the company's stock worth $25,000 after purchasing an additional 996 shares during the period. Deseret Mutual Benefit Administrators raised its position in shares of Warner Bros. Discovery by 12.0% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 9,925 shares of the company's stock worth $105,000 after purchasing an additional 1,066 shares during the period. Cornerstone Wealth Management LLC raised its position in Warner Bros. Discovery by 7.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 15,995 shares of the company's stock valued at $169,000 after buying an additional 1,101 shares during the period. Finally, Personal CFO Solutions LLC raised its position in Warner Bros. Discovery by 2.8% during the fourth quarter. Personal CFO Solutions LLC now owns 42,935 shares of the company's stock valued at $454,000 after buying an additional 1,174 shares during the period. Institutional investors and hedge funds own 59.95% of the company's stock.

Insider Activity

In related news, insider Savalle Sims sold 169,436 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $12.36, for a total transaction of $2,094,228.96. Following the completion of the transaction, the insider now owns 599,317 shares in the company, valued at $7,407,558.12. The trade was a 22.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Piazza Samuel A. Jr. Di acquired 17,346 shares of Warner Bros. Discovery stock in a transaction that occurred on Monday, March 3rd. The shares were bought at an average price of $11.41 per share, with a total value of $197,917.86. Following the transaction, the director now directly owns 159,932 shares in the company, valued at approximately $1,824,824.12. This trade represents a 12.17 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 1.80% of the company's stock.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.