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How to buy Warner Music Group stock | $40.48

Learn how to easily invest in Warner Music Group stock.

Warner Music Group Corp is an entertainment business based in the US. Warner Music Group shares (WMG) are listed on the NASDAQ and all prices are listed in US Dollars. Warner Music Group employs 5,500 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Warner Music Group

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WMG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Warner Music Group stock price (NASDAQ: WMG)

Use our graph to track the performance of WMG stocks over time.

Warner Music Group shares at a glance

Information last updated 2021-09-10.
Latest market close$40.48
52-week range$25.23 - $40.88
50-day moving average $36.93
200-day moving average $35.89
Wall St. target price$41.93
PE ratio 75.9013
Dividend yield $0.48 (1.2%)
Earnings per share (TTM) $0.53

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Warner Music Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Warner Music Group price performance over time

Historical closes compared with the close of $40.48 from 2021-09-16

1 week (2021-09-10) 1.20%
1 month (2021-08-18) 13.39%
3 months (2021-06-18) 16.59%
6 months (2021-03-18) 21.13%
1 year (2020-09-18) 42.13%
2 years (2019-09-14) N/A
3 years (2018-09-14) N/A
5 years (2016-09-14) N/A

Is Warner Music Group under- or over-valued?

Valuing Warner Music Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Warner Music Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Warner Music Group's P/E ratio

Warner Music Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 76x. In other words, Warner Music Group shares trade at around 76x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Warner Music Group's PEG ratio

Warner Music Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.6893. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Warner Music Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Warner Music Group's EBITDA

Warner Music Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1 billion.

The EBITDA is a measure of a Warner Music Group's overall financial performance and is widely used to measure a its profitability.

Warner Music Group financials

Revenue TTM $5.1 billion
Operating margin TTM 14.26%
Gross profit TTM $2.1 billion
Return on assets TTM 6.82%
Return on equity TTM 0%
Profit margin 5.44%
Book value $0.16
Market capitalisation $20.6 billion

TTM: trailing 12 months

Shorting Warner Music Group shares

There are currently 4.6 million Warner Music Group shares held short by investors – that's known as Warner Music Group's "short interest". This figure is 7% up from 4.3 million last month.

There are a few different ways that this level of interest in shorting Warner Music Group shares can be evaluated.

Warner Music Group's "short interest ratio" (SIR)

Warner Music Group's "short interest ratio" (SIR) is the quantity of Warner Music Group shares currently shorted divided by the average quantity of Warner Music Group shares traded daily (recently around 480839.59873284). Warner Music Group's SIR currently stands at 9.47. In other words for every 100,000 Warner Music Group shares traded daily on the market, roughly 9470 shares are currently held short.

However Warner Music Group's short interest can also be evaluated against the total number of Warner Music Group shares, or, against the total number of tradable Warner Music Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Warner Music Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Warner Music Group shares in existence, roughly 10 shares are currently held short) or 0.0469% of the tradable shares (for every 100,000 tradable Warner Music Group shares, roughly 47 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Warner Music Group.

Find out more about how you can short Warner Music Group stock.

Warner Music Group share dividends

67%

Dividend payout ratio: 66.82% of net profits

Recently Warner Music Group has paid out, on average, around 66.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.54% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Warner Music Group shareholders could enjoy a 1.54% return on their shares, in the form of dividend payments. In Warner Music Group's case, that would currently equate to about $0.48 per share.

Warner Music Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Warner Music Group's most recent dividend payout was on 31 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 23 August 2021 (the "ex-dividend date").

Warner Music Group overview

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as the related marketing, promotion, distribution, sale, and licensing of music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as online physical retailers, streaming services, and download services.

Frequently asked questions

What percentage of Warner Music Group is owned by insiders or institutions?
Currently 19.186% of Warner Music Group shares are held by insiders and 75.23% by institutions.
How many people work for Warner Music Group?
Latest data suggests 5,500 work at Warner Music Group.
When does the fiscal year end for Warner Music Group?
Warner Music Group's fiscal year ends in September.
Where is Warner Music Group based?
Warner Music Group's address is: 1633 Broadway, New York, NY, United States, 10019
What is Warner Music Group's ISIN number?
Warner Music Group's international securities identification number is: US9345502036
What is Warner Music Group's CUSIP number?
Warner Music Group's Committee on Uniform Securities Identification Procedures number is: 934550104

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