Warner Music Group Corp (WMG) concluded trading on Thursday at a closing price of $27.70, with 4.61 million shares of worth about $127.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.73% during that period and on May 08, 2025 the price saw a loss of about -7.94%. Currently the company’s common shares owned by public are about 144.30M shares, out of which, 136.01M shares are available for trading.
Stock saw a price change of -7.82% in past 5 days and over the past one month there was a price change of -1.25%. Year-to-date (YTD), WMG shares are showing a performance of -10.65% which decreased to -21.86% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.06 but also hit the highest price of $36.64 during that period. The average intraday trading volume for Warner Music Group Corp shares is 1.95 million. The stock is currently trading -5.66% below its 20-day simple moving average (SMA20), while that difference is down -10.90% for SMA50 and it goes to -10.99% lower than SMA200.
Warner Music Group Corp (NASDAQ: WMG) currently have 144.30M outstanding shares and institutions hold larger chunk of about 28.20% of that.
The stock has a current market capitalization of $14.41B and its 3Y-monthly beta is at 1.32. PE ratio of stock for trailing 12 months is 28.42, while it has posted earnings per share of $0.97 in the same period. Its PEG reads 4.46 and has Quick Ratio of 0.67 while making debt-to-equity ratio of 7.75. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WMG, volatility over the week remained 2.83% while standing at 3.16% over the month.
Stock’s fiscal year EPS is expected to rise by 1.17% while it is estimated to increase by 5.23% in next year. EPS is likely to shrink at an annualized rate of 6.37% for next 5-years, compared to annual growth of 10.55% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on April 21, 2025 offering an Equal-weight rating for the stock and assigned a target price of $32 to it. Coverage by FBN Securities stated Warner Music Group Corp (WMG) stock as a Sector perform in their note to investors on March 28, 2025, suggesting a price target of $35 for the stock. On February 14, 2025, Citigroup Upgrade their recommendations, while on January 08, 2025, Guggenheim Reiterated their ratings for the stock with a price target of $40. Stock get an Underperform rating from BofA Securities on October 04, 2024.
