Warner Music Group (WMG) Stock Price, News & Analysis

Company Overview

Warner Music Group (NASDAQ: WMG) is a leading global music entertainment company that operates across recorded music, music publishing and artist services. The company’s recorded music division signs and promotes a diverse roster of artists, producing, marketing and distributing recorded music in physical and digital formats. Its music publishing arm administers and licenses songs from a catalog spanning multiple genres, collecting royalties and facilitating synchronization for film, television and advertising. Warner Music’s artist services division provides distribution, marketing and analytics support to independent artists and labels through its ADA and other specialized platforms.

Established in 1958 as Warner Bros. Records, Warner Music Group has evolved through a series of ownership changes and strategic realignments. The company was spun out of Time Warner in 2004 and later acquired by Access Industries, a private investment group, before completing its initial public offering in 2020. Over its history, WMG has expanded through key acquisitions and partnerships, building one of the industry’s richest catalogs and forging alliances with digital streaming platforms, social media services and consumer brands.

With operations in more than 70 territories worldwide, Warner Music Group serves markets across North America, Europe, Asia-Pacific, Latin America and Africa. The company maintains regional offices in major music hubs, leveraging local expertise to tailor marketing campaigns and foster relationships with artists, songwriters and digital distribution partners. Its global infrastructure supports a streamlined supply chain for physical products and a robust digital delivery network for streaming and downloads.

Under the leadership of CEO Robert Kyncl, who joined the company in early 2023, Warner Music Group continues to invest in technology, emerging markets and strategic collaborations. The executive team includes seasoned industry professionals overseeing recorded music, publishing, artist services and international operations, all working to capitalize on evolving consumer trends and to expand the company’s global footprint.

Key Stats

• Today's Range: $33.24 to $33.47
• 50-Day Range: $26.19 to $34.07
• 52-Week Range: $25.56 to $36.64
• Volume: 918,647 shs
• Average Volume: 2.49 million shs
• Market Capitalization: $17.38 billion
• P/E Ratio: 58.51
• Dividend Yield: 2.28%
• Price Target: $33.88
• Consensus Rating: Moderate Buy

Warner Music Group Stock Analysis - MarketRank™

Warner Music Group scored higher than 64% of companies evaluated by MarketBeat, and ranked 153rd out of 293 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Warner Music Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 8 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Warner Music Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.63%

Earnings Growth

Earnings for Warner Music Group are expected to grow by 8.63% in the coming year, from $1.39 to $1.51 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warner Music Group is 58.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warner Music Group is 58.51, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.36.

Price to Earnings Growth Ratio

Warner Music Group has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Warner Music Group has a P/B Ratio of 21.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.97% of the float of Warner Music Group has been sold short.

Short Interest Ratio / Days to Cover

Warner Music Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Warner Music Group has recently increased by 1.95%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Warner Music Group pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Warner Music Group has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Warner Music Group is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Warner Music Group will have a dividend payout ratio of 50.33% next year. This indicates that Warner Music Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.97% of the float of Warner Music Group has been sold short.

Short Interest Ratio / Days to Cover

Warner Music Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Warner Music Group has recently increased by 1.95%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.09

News Sentiment

Warner Music Group has a news sentiment score of 1.09. 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 8 news articles for Warner Music Group this week, compared to 8 articles on an average week.

Search Interest

Only 1 people have searched for WMG on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

2 people have added Warner Music Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

72.21% of the stock of Warner Music Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

96.88% of the stock of Warner Music Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WMG Stock Analysis - Frequently Asked Questions

How have WMG shares performed this year?

Warner Music Group's stock was trading at $31.00 at the start of the year. Since then, WMG stock has increased by 7.6% and is now trading at $33.35.

How were Warner Music Group's earnings last quarter?

Warner Music Group Corp. (NASDAQ:WMG) released its quarterly earnings data on Thursday, August, 7th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.27 by $0.30. The business's quarterly revenue was up 8.7% on a year-over-year basis.
Read the conference call transcript.

When did Warner Music Group IPO?

Warner Music Group (WMG) raised $1.7 billion in an initial public offering (IPO) on Wednesday, June 3rd 2020. The company issued 70,000,000 shares at $23.00-$26.00 per share. Morgan Stanley, Credit Suisse, Goldman Sachs, BofA Securities, Citigroup and J.P. Morgan acted as the underwriters for the IPO and Barclays, Evercore ISI, Guggenheim Securities, Macquarie Capital, Nomura, RBC Capital Markets, SunTrust Robinson Humphrey, CIBC Capital Markets, HSBC, SOCIETE GENERALE, LionTree, The Raine Group, AmeriVet Securities, Bancroft Capital, Blaylock Van, C.L. King & Associates, Loop Capital Markets, Roberts & Ryan, Ramirez & Co.,, Siebert Williams Shank, Telsey Advisory Group and Tigress Financial Partners were co-managers.

Who are Warner Music Group's major shareholders?

Top institutional shareholders of Warner Music Group include JPMorgan Chase & Co. (2.85%), Independent Franchise Partners LLP (2.55%), Darsana Capital Partners LP (1.53%) and Mawer Investment Management Ltd. (1.41%). Insiders that own company stock include Max Lousada, Lincoln E Benet, Timothy Matusch and Valentin Blavatnik.
View institutional ownership trends.

How do I buy shares of Warner Music Group?

Shares of WMG 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.

What other stocks do shareholders of Warner Music Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Warner Music Group investors own include American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Humana (HUM).

Company Calendar

• Record date for 6/3 Dividend: 5/27/2025
• Ex-Dividend for 6/3 Dividend: 5/27/2025
• Dividend Payable: 6/03/2025
• Last Earnings: 8/07/2025
• Record date for 9/3 Dividend: 8/20/2025
• Ex-Dividend for 9/3 Dividend: 8/20/2025
• Today: 8/30/2025
• Dividend Payable: 9/03/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: MOVIE/TV PRD&DIST
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:WMG
• CIK: 1319161
• Web: www.wmg.com
• Phone: 212-275-2000
• Fax: 212-757-3985
• Employees: 5,800
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Warner Music Group: $33.88
• High Price Target: $44.00
• Low Price Target: $30.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.53
• Research Coverage: 19 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.57
• Trailing P/E Ratio: 58.51
• Forward P/E Ratio: 23.99
• P/E Growth: 1.65
• Net Income: $435 million
• Net Margins: 4.59%
• Pretax Margin: 6.72%
• Return on Equity: 39.95%
• Return on Assets: 3.16%

Debt

• Debt-to-Equity Ratio: 5.37
• Current Ratio: 0.66
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $6.43 billion
• Price / Sales: 2.71
• Cash Flow: $1.47 per share
• Price / Cash Flow: 22.70
• Book Value: $1.56 per share
• Price / Book: 21.38

Miscellaneous

• Outstanding Shares: 521,270,000
• Free Float: 144,860,000
• Market Cap: $17.38 billion
• Optionable: Optionable
• Beta: 1.26