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Warner Bros. Discovery (WBD) Stock Price, News & Analysis

$8.24
-0.16 (-1.90%)
(As of 09/20/2024 08:55 PM ET)

About Warner Bros. Discovery Stock (NASDAQ:WBD)

Key Stats

Today's Range
$8.19
$8.41
50-Day Range
$6.71
$8.78
52-Week Range
$6.64
$12.70
Volume
47.44 million shs
Average Volume
29.71 million shs
Market Capitalization
$20.19 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.93
Consensus Rating
Hold

Company Overview

Warner Bros. Discovery, Inc. is a leading global entertainment company that offers premium content and brands across all media platforms. The company's mission is to entertain, inform and inspire people worldwide through the power of story. The company is headquartered in New York City, USA and operates in over 200 countries. The company's product and service offerings include television networks, film studios, digital media, and consumer products. The company's target market has consumers of all ages interested in high-quality entertainment. The company's key customers include cable and satellite television providers, advertisers, streaming platforms, and consumers. In recent years, Warner Bros. Discovery, Inc. achieved several key milestones, including the successful merger between WarnerMedia and Discovery Communications in 2021.

The management team at Warner Bros. Discovery, Inc. is led by Chief Executive Officer David Zaslav, who has been with the company since 2007. He has extensive experience in the media and entertainment industry, having previously served as the CEO of NBC Universal. David's team brings a wealth of knowledge and expertise to the company, with backgrounds in media, finance, and communications. 

Warner Bros. Discovery, Inc. has reported steady revenue growth over the past few years, with total revenues increasing and the company's profit margins improving. With net income up, the company's debt levels have increased following the merger with Discovery Communications. The company has a current market capitalization of approximately $34 billion.

Warner Bros. Discovery, Inc. is trading at a price-to-earnings slightly lower than the industry average. The company's price-to-book ratio is below the industry average. Its strong brand recognition, extensive content library, and growth potential may drive the company's valuation.

Warner Bros. Discovery, Inc.'s stock has been relatively stable, but the stock has a history of fluctuating fairly significantly as investor sentiment changes. The company's stock price may be influenced by news and events related to the entertainment industry, such as new content releases, awards shows, and box office results.

Warner Bros. Discovery, Inc. operates in the highly competitive entertainment industry, which includes traditional media companies, streaming platforms, and social media networks. The industry has been subject to rapid consumer preferences and technology changes, with many companies shifting their focus to streaming services. Warner Bros. Discovery, Inc. is well-positioned in the industry due to its extensive content library and strong brand recognition.

Warner Bros. Discovery, Inc. has several growth opportunities. The company has a strong track record of producing quality content that resonates with its audience. The company's recent merger with Discovery provides a more extensive content library, which could attract new subscribers to its streaming services.

Additionally, the company is exploring ways to expand into new international markets, particularly in Europe and Asia. The company's strong relationships with key industry players in these regions and its established reputation for producing high-quality content make it well-positioned to succeed in these markets.

The company is investing in new technologies to enhance its content delivery capabilities. For example, the company is exploring the use of virtual reality and augmented reality technologies to create immersive experiences for its viewers. These investments in technology could give the company a competitive advantage over its peers and help it to continue to produce innovative and engaging content.

As with any company, there are several risks and challenges that Warner Bros. Discovery, Inc. faces. One of the most significant risks is the rapidly evolving media landscape. Consumer preferences, technological advances, and advertising trends could impact the company's performance.

Additionally, the company faces intense competition from traditional media companies and newer streaming services. The market is becoming increasingly crowded, making it more difficult for companies to stand out and attract new subscribers.

Another risk facing the company is regulatory uncertainty. Changes in government policies or regulations could impact the company's ability to operate in specific regions or impact its profitability.

The company's debt levels can be a concern. While the company has successfully generated revenue, it has also used significant debt to fund its growth and acquisition strategies. If the company cannot manage its debt levels, it could impact its financial performance and lead to a decline in shareholder value.

Warner Bros. Discovery Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 70th Percentile

Warner Bros. Discovery scored higher than 70% of companies evaluated by MarketBeat, and ranked 116th out of 292 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Warner Bros. Discovery has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 9 buy ratings, 12 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Warner Bros. Discovery has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Warner Bros. Discovery's stock forecast and price target.
  • Earnings Growth

    Earnings for Warner Bros. Discovery are expected to grow in the coming year, from ($4.17) to $0.33 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Warner Bros. Discovery is -6.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Warner Bros. Discovery is -6.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Warner Bros. Discovery has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Warner Bros. Discovery's valuation and earnings.
  • Percentage of Shares Shorted

    5.15% of the float of Warner Bros. Discovery has been sold short.
  • Short Interest Ratio / Days to Cover

    Warner Bros. Discovery has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Warner Bros. Discovery has recently decreased by 17.59%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Warner Bros. Discovery does not currently pay a dividend.

  • Dividend Growth

    Warner Bros. Discovery does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.15% of the float of Warner Bros. Discovery has been sold short.
  • Short Interest Ratio / Days to Cover

    Warner Bros. Discovery has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Warner Bros. Discovery has recently decreased by 17.59%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Warner Bros. Discovery has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Warner Bros. Discovery this week, compared to 19 articles on an average week.
  • Search Interest

    Only 28 people have searched for WBD on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
  • MarketBeat Follows

    Only 7 people have added Warner Bros. Discovery to their MarketBeat watchlist in the last 30 days. This is a decrease of -61% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Warner Bros. Discovery insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.80% of the stock of Warner Bros. Discovery is held by insiders.

  • Percentage Held by Institutions

    59.95% of the stock of Warner Bros. Discovery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Warner Bros. Discovery's insider trading history.

WBD Stock News Headlines

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Akamai: AI Tailwinds Drive Edge Computing and Security Growth (WBD)
Akamai Technologies Inc. (NASDAQ: AKAM) is a leading content delivery network (CDN) that also provides cloud security and edge computing solutions.
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A shocking leak has revealed Japanese electronics giant Sony is now starting its own blockchain. This move is being made in preparation to onboard all of Sony products (including Sony's Playstation, which captured a record 62% share of the global gaming console market in 2024). Enthusiasts and experts are buzzing with anticipation qnd one little-known crypto coin is poised for RAPID growth as we see this all unfold.
See More Headlines

WBD Stock Analysis - Frequently Asked Questions

Warner Bros. Discovery's stock was trading at $11.38 at the beginning of 2024. Since then, WBD stock has decreased by 27.6% and is now trading at $8.24.
View the best growth stocks for 2024 here
.

Warner Bros. Discovery, Inc. (NASDAQ:WBD) issued its earnings results on Wednesday, August, 7th. The company reported ($4.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by $3.89. The firm's quarterly revenue was down 6.2% on a year-over-year basis.

Top institutional shareholders of Warner Bros. Discovery include Sessa Capital IM L.P. (0.93%), The Manufacturers Life Insurance Company (0.90%), EdgePoint Investment Group Inc. (0.85%) and Bank of New York Mellon Corp (0.58%). Insiders that own company stock include Programming P Advance/Newhouse, David Zaslav, Gunnar Wiedenfels, Gerhard Zeiler, David Leavy, Robert R Bennett, Piazza Samuel A Jr Di and Geoffrey Y Yang.
View institutional ownership trends
.

Shares of WBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/07/2024
Today
9/22/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
Communication
Current Symbol
NASDAQ:WBD
Employees
35,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.93
High Stock Price Target
$18.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+32.6%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
22 Analysts

Profitability

Net Income
$-3,126,000,000.00
Pretax Margin
-30.05%

Debt

Sales & Book Value

Annual Sales
$39.93 billion
Cash Flow
$10.17 per share
Book Value
$18.99 per share

Miscellaneous

Outstanding Shares
2,450,313,000
Free Float
2,406,207,000
Market Cap
$20.19 billion
Optionable
Optionable
Beta
1.48

This page (NASDAQ:WBD) was last updated on 9/23/2024 by MarketBeat.com Staff
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