After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NASDAQ and operates within the Entertainment industry segment. The current market capitalization of Warner Music Group Corp is $16.26B. A total of 2.0 million shares were traded on the day, compared to an average of 1.89M shares.
In the most recent transaction, Lousada Max sold 250,769 shares of WMG for 28.09 per share on Sep 11 ’24. After the transaction, the CEO, Recorded Music now owns 2,039,002 company shares. In a previous transaction on Sep 10 ’24, Lousada Max sold 428,834 shares at 28.00 per share. WMG shares that CEO, Recorded Music owns now total 2,289,771.
Among the insiders who sold shares, Lousada Max disposed of 7,359 shares on Sep 06 ’24 at a per-share price of $28.24. This resulted in the CEO, Recorded Music holding 2,718,605 shares of WMG after the transaction. In another insider transaction, Lousada Max sold 135,324 shares at $28.17 per share on Sep 05 ’24. Company shares held by the CEO, Recorded Music now total 2,725,964.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Warner Music Group Corp pays an annual dividend of $0.69, resulting in a dividend yield of 2.20%, and it has a price to earnings (P/E) ratio of 30.10. WMG’s most recent ex-dividend date was 8/27/2024 when it declared a $0.18 quarterly dividend that was paid in cash on 9/4/2024. Previously, the company paid the dividend on 6/3/2024 with an ex-dividend date of 5/22/2024. The WMG stock dividend was $0.17 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, WMG has a high of $38.05 and a low of $27.06.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WMG’s latest balance sheet shows that the firm has $499.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.68B in debt and $3.15B in liabilities at the time. Its Book Value Per Share was $0.93, while its Total Shareholder’s Equity was $46.00M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WMG is Buy with a score of 4.00.
