Currently, there are 2.45B common shares owned by the public and among those 2.22B shares have been available to trade.
The company’s stock has a 5-day price change of -24.60% and -23.46% over the past three months. WBD shares are trading -23.46% year to date (YTD), with the 12-month market performance down to -4.15% lower. It has a 12-month low price of $6.64 and touched a high of $12.70 over the same period. WBD has an average intraday trading volume of 36.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -21.16%, -22.60%, and -11.07% respectively.
Institutional ownership of Warner Bros. Discovery Inc (NASDAQ: WBD) shares accounts for 66.29% of the company’s 2.45B shares outstanding.
It has a market capitalization of $19.86B and a beta (3y monthly) value of 1.51. The earnings-per-share (ttm) stands at -$4.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.44% over the week and 5.81% over the month.
Analysts forecast that Warner Bros. Discovery Inc (WBD) will achieve an EPS of -0.12 for the current quarter, -0.25 for the next quarter and -0.19 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.26 while analysts give the company a high EPS estimate of -0.26. Comparatively, EPS for the current quarter was -0.4 a year ago. Earnings per share for the fiscal year are expected to increase by 92.52%, and 35.04% over the next financial year.
Looking at the support for the WBD, a number of firms have released research notes about the stock. MoffettNathanson stated their Buy rating for the stock in a research note on January 21, 2025, with the firm’s price target at $9-$13. Bernstein was of a view on August 13, 2024 that the stock is Mkt Perform, while Macquarie gave the stock Neutral rating on July 25, 2024, issuing a price target of $9. Evercore ISI on their part issued Outperform rating on July 16, 2024.
