After Hours
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.
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Stocks Info
As a NASDAQ listed company, WMG falls under the Communication Services sector while operating within the Entertainment industry segment. The current market capitalization of Warner Music Group Corp is $16.77B. A total of 0.79 million shares were traded on the day, compared to an average of 1.72M 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
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Warner Music Group Corp pays an annual dividend of $0.69, resulting in a dividend yield of 2.13%, and it has a price to earnings (P/E) ratio of 31.05. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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
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. 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 3.94.
