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How to buy Warner Music Group stock

Own Warner Music Group stock in just a few minutes.

Fact checked

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 USD$4.5 billion.

How to buy shares in Warner Music Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Warner Music Group. Find the stock by name or ticker symbol: WMG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Warner Music Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Warner Music Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Warner Music Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Warner Music Group share price

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

Warner Music Group shares at a glance

Information last updated 2021-01-20.
52-week rangeUSD$24.7974 - USD$38.81
50-day moving average USD$34.915
200-day moving average USD$30.3299
Wall St. target priceUSD$34.67
PE ratio 94.4667
Dividend yield USD$0.48 (1.37%)
Earnings per share (TTM) USD$0.2922

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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.

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 94x. In other words, Warner Music Group shares trade at around 94x 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 EBITDA

Warner Music Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$157 million.

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 USD$4.5 billion
Gross profit TTM USD$2.1 billion
Return on assets TTM -0.95%
Return on equity TTM 0%
Profit margin -10.64%
Book value N/A
Market capitalisation USD$19.6 billion

TTM: trailing 12 months

Shorting Warner Music Group shares

There are currently 4.8 million Warner Music Group shares held short by investors – that's known as Warner Music Group's "short interest". This figure is 32.8% down from 7.2 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 1.2 million). Warner Music Group's SIR currently stands at 3.96. In other words for every 100,000 Warner Music Group shares traded daily on the market, roughly 3960 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 0.0546% of the tradable shares (for every 100,000 tradable Warner Music Group shares, roughly 55 shares are currently held short).

Such a low SIR usually points to an 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

Dividend payout ratio: 712.17% of net profits

Recently Warner Music Group has paid out, on average, around 712.17% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.37% 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 1.37% 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 1 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 23 November 2020 (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. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.

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