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Realtime updates for Warner Music Group Corp [WMG]

Exchange: NASDAQ Sector: Communication Services Industry: Entertainment
BUY
69.77%
return 13.44%
SELL
22.73%
return 31.78%
Last Updated31 May 2024 @ 16:00

0.91% $ 29.78

BUY 13601 min ago

@ $30.48

Issued: 24 May 2024 @ 14:22


Return: -2.30%


Previous signal: May 23 - 14:41


Previous signal: Sell


Return: 0.40 %

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 16:00):

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments...

Stats
Today's Volume 1.14M
Average Volume 1.67M
Market Cap 15.42B
EPS $0 ( 2024-05-09 )
Next earnings date ( $0 ) 2024-08-06
Last Dividend $0.170 ( 2023-11-20 )
Next Dividend $0 ( N/A )
P/E 29.49
ATR14 $0.0310 (0.10%)
Insider Trading
Date Person Action Amount type
2024-03-05 Lynton Michael Buy 7 159 Class A Common Stock
2024-03-05 Kurzman Cecelia Buy 4 913 Class A Common Stock
2024-03-05 Kreiz Ynon Buy 4 913 Class A Common Stock
2024-03-05 Hertz Noreena Buy 4 913 Class A Common Stock
2024-03-05 Hertz Noreena Sell 1 664 Class A Common Stock
INSIDER POWER
-98.27
Last 94 transactions
Buy: 22 108 840 | Sell: 267 562 998

Volume Correlation

Long: 0.59 (weak)
Short: 0.88 (strong)
Signal:(69.567) Same movement expected

Warner Music Group Corp Correlation

10 Most Positive Correlations
IONS0.814
ENSC0.805
PDCO0.802
ANIX0.801
10 Most Negative Correlations
IINN-0.827
VSEC-0.811
GRID-0.801

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Warner Music Group Corp Correlation - Currency/Commodity

The country flag 0.46
( neutral )
The country flag -0.17
( neutral )
The country flag 0.00
( neutral )
The country flag 0.09
( neutral )
The country flag -0.44
( neutral )

Warner Music Group Corp Financials

Annual 2023
Revenue: $6.04B
Gross Profit: $2.86B (47.37 %)
EPS: $0.820
FY 2023
Revenue: $6.04B
Gross Profit: $2.86B (47.37 %)
EPS: $0.820
FY 2023
Revenue: $13.00M
Gross Profit: $13.00M (100.00 %)
EPS: $0
FY 2022
Revenue: $5.92B
Gross Profit: $2.84B (47.96 %)
EPS: $1.060

Financial Reports:

No articles found.

Warner Music Group Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.160
(N/A)
$0.160
(N/A)
$0.160
(N/A)
$0.160
(N/A)
$0.170
(N/A)
$0.170
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Warner Music Group Corp Dividend Information - Dividend Knight

Dividend Sustainability Score: 9.09 - good (90.94%) | Divividend Growth Potential Score: 6.31 - Stable (26.22%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.120 2020-08-24
Last Dividend $0.170 2023-11-20
Next Dividend $0 N/A
Payout Date 2023-12-01
Next Payout Date N/A
# dividends 14 --
Total Paid Out $2.06 --
Avg. Dividend % Per Year 1.03% --
Score 4.36 --
Div. Sustainability Score 9.09
Div.Growth Potential Score 6.31
Div. Directional Score 7.70 --
Next Divdend (Est)
(2024-07-01)
$0.175 Estimate 38.46 %
Dividend Stability
0.77 Good
Dividend Score
4.36
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2020 $0.240 0.80%
2021 $0.540 1.46%
2022 $0.620 1.44%
2023 $0.660 1.87%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
OXLC Dividend Diamond 2023-12-14 Monthly 14 10.00% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
OXSQ Dividend Royal 2023-12-14 Monthly 21 9.10% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend Royal 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.08281.5008.3410.00[0 - 0.5]
returnOnAssetsTTM0.06061.2007.989.58[0 - 0.3]
returnOnEquityTTM1.4261.50010.0010.00[0.1 - 1]
payoutRatioTTM0.664-1.0003.36-3.36[0 - 1]
currentRatioTTM0.6930.800-1.533-1.226[1 - 3]
quickRatioTTM0.5050.800-1.736-1.388[0.8 - 2.5]
cashRatioTTM0.1661.500-0.188-0.282[0.2 - 2]
debtRatioTTM0.461-1.5002.31-3.47[0 - 0.6]
interestCoverageTTM6.461.0008.728.72[3 - 30]
operatingCashFlowPerShareTTM1.4412.009.5210.00[0 - 30]
freeCashFlowPerShareTTM0.9002.009.5510.00[0 - 20]
debtEquityRatioTTM9.30-1.50010.00-10.00[0 - 2.5]
grossProfitMarginTTM0.4601.0005.665.66[0.2 - 0.8]
operatingProfitMarginTTM0.1571.0008.878.87[0.1 - 0.6]
cashFlowToDebtRatioTTM0.1851.000-0.0819-0.0819[0.2 - 2]
assetTurnoverTTM0.7320.8008.456.76[0.5 - 2]
Total Score9.09

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM29.151.0007.160[1 - 100]
returnOnEquityTTM1.4262.500.52910.00[0.1 - 1.5]
freeCashFlowPerShareTTM0.9002.009.7010.00[0 - 30]
dividendYielPercentageTTM2.281.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM1.4412.009.5210.00[0 - 30]
payoutRatioTTM0.6641.5003.36-3.36[0 - 1]
pegRatioTTM3.631.50010.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1171.0009.580[0.1 - 0.5]
Total Score6.31

Warner Music Group Corp Options Data

Calls

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Puts

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Warner Music Group Corp

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, 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 related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and 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, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, 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 retail outlets, 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 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, 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.

About Live Signals

The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

The live trading signals are not definite, and getagraph.com hold no responsibility for any action taken upon these signals, as described in the Terms of Use. The signals are based on a wide range of technical analysis indicators

Total Execution Time: 2.1038708686829 seconds
Number of API calls: 2
Number of DB calls: 8