Warner Music Group (WMG) Stock Price

Warner Music Group Price

NASDAQ·CLOSED
31.30
​
Market closed

Over the last 19 years Warner Music Group grew revenue by 3.5% annually, reaching 6.71 B USD. Earnings per share have grown at 3.1% per year over the last 19 years. For Warner Music Group, the net margin of 5.4% is broadly stable versus 5.7% a few years ago. At today's price the dividend yield works out to roughly 2.36%. The payout ratio is around 105% of earnings. The dividend has grown at 25.3% per year over the past 5 years. The consensus 12-month price target for Warner Music Group is 39.00 USD, about 24.6% above where the stock trades today. Of 23 analysts, 18 rate the stock a buy — an overall Buy consensus.

Warner Music Group stock price

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Warner Music Group business model & stock analysis

The Warner Music Group is a globally operating music company that was founded in 1958. Its headquarters are located in New York City. Warner Music operates in 50 countries and currently employs around 5,300 employees. The company is divided into various business areas. The business model of Warner Music Group is based on the production and marketing of music. The various divisions include record labels, music publishing, and merchandise. The focus is on genres such as pop, rock, hip-hop, R&B, country, and jazz. Some of Warner Music's most well-known record labels include Atlantic Records, Warner Records, and Elektra Records. These labels work with artists such as Bruno Mars, Ed Sheeran, Cardi B, Beyoncé, and Coldplay. Warner Music's music publishing is responsible for licensing music for commercial use. The Warner Chappell Music catalog includes a variety of songs and pieces from artists such as Bob Dylan, Led Zeppelin, and Madonna. Merchandising is also an important part of the business model. Fan merchandise, such as concert tickets, t-shirts, or backpacks, is produced and distributed around Warner Music artists. In addition to music production, Warner Music also focuses on technology. In 2020, for example, the company became a partner of TikTok and is working on the development of new marketing opportunities for music. In recent decades, Warner Music Group has established itself as one of the leading companies in the music industry. However, there have also been setbacks in the company's history. In the 1980s, Warner Music drew attention for questionable business practices, including releasing discriminatory singles. In the following decades, there were also layoffs of employees and defeats in court. Today, Warner Music Group is increasingly focused on sustainability. In 2020, the company was included in the Dow Jones Sustainability Indices and has set a goal to be climate neutral by 2030 as part of its climate protection initiative. In summary, Warner Music Group is a music company specializing in the production and marketing of music. The various divisions, such as record labels and music publishing, collaborate with well-known artists from various genres. Merchandising also plays an important role in Warner Music's business model. In the future, the company aims to focus more on sustainability and become climate neutral.

Frequently asked questions about Warner Music Group

Warner Music Group Corp operates as one of the leading global music companies, specializing in recorded music, music publishing, and artist services. With a diverse roster of artists, it acts as a comprehensive platform for discovering, nurturing, promoting, and distributing music worldwide. Through its recorded music division, Warner Music focuses on signing, developing, and marketing musical talents across various genres. In addition, its music publishing division is responsible for copyright management and the licensing of musical compositions. Warner Music Group Corp strives to empower artists and their creative endeavors while effectively reaching and engaging music consumers globally.

Warner Music Group Corp is primarily active in the entertainment industry.

The main competitors of Warner Music Group Corp in the market include Universal Music Group, Sony Music Entertainment, and Live Nation Entertainment.

Warner Music Group Corp, commonly known as Warner Music, is a multinational entertainment and record label conglomerate. Founded in 1958, it has a rich history and legacy in the music industry. Warner Music Group Corp has played a pivotal role in shaping popular music culture, representing artists across various genres. With its wide range of record labels, including Atlantic Records, Warner Bros. Records, and Elektra Records, Warner Music Group Corp has built a robust catalog of music that spans many decades. As a leader in the global music business, Warner Music Group Corp continues to thrive, adapt, and innovate, bringing the world a diverse and exciting selection of music.

Warner Music Group Corp has achieved significant milestones throughout its history. Established in 1958, the company has become one of the largest music conglomerates globally. Some of its notable achievements include acquiring Elektra Records in 1970, signing a distribution deal with MTV in the 1980s, and going public on the New York Stock Exchange in 2020. In recent years, Warner Music Group Corp has expanded its international presence by establishing partnerships in emerging markets like India and China. The company continues to evolve and innovate in the music industry, forming strategic collaborations with influential artists and delivering groundbreaking content to its ever-growing audience.

Warner Music Group Corp is primarily present in various countries and regions across the globe. As one of the leading music entertainment companies, Warner Music Group Corp has a significant presence in the United States, with its headquarters located in New York City. Additionally, the company has strong operations in other important markets, including the United Kingdom, Canada, Germany, France, Australia, and Japan. With its extensive global reach, Warner Music Group Corp continues to expand its presence in numerous countries, collaborating with local artists, labels, and industry professionals to deliver diverse and popular music content to audiences worldwide.

Warner Music Group Corp represents a set of core values and a corporate philosophy centered around innovation, creativity, and collaboration. As a global leader in the music industry, Warner Music Group Corp fosters an environment that promotes exceptional talent, breakthrough ideas, and diverse perspectives. With a commitment to artistic expression and the power of music, the company strives to support and amplify the voices of its artists, while also maintaining a strong focus on delivering exceptional value to shareholders and stakeholders. Warner Music Group Corp's dedication to excellence, partnership, and relentless pursuit of innovation make it a standout player in the ever-evolving music landscape.

Analysts currently set an average price target of 39.25 USD for the Warner Music Group stock (median: 39.00 USD), implying +23.5 % versus the latest price. The consensus is based on 23 analyst ratings.

23 analysts currently rate the Warner Music Group stock: 18 recommend buying, 5 holding and 0 selling. For 2026, analysts expect Warner Music Group to generate revenue of 7.34 B USD and earnings per share of 1.50 USD.

Converted at the current exchange rate, the Warner Music Group share trades at 27.93 EUR (31.30 USD).

The Warner Music Group share (WMG) is listed on 6 stock exchanges, including: NASDAQ (WMG), Frankfurt (WA4.F), München (WA4.MU), Düsseldorf (WA4.DU), Hamburg (WA4.HM), Wien (WMG.VI).

The Warner Music Group Corp is a music company that operates worldwide. The company was founded in 1958 in the USA and today is one of the largest music labels, earning millions of dollars annually. The company is headquartered in New York and has branches in Canada, Europe, Latin America, and Asia. The core business of Warner Music Group Corp is the production, marketing, and distribution of music. The company works with artists from various genres, including pop, rock, hip-hop, and jazz, and has a wide portfolio of labels, including Warner Bros. Records, Atlantic Records, and Rhino Entertainment. An important part of Warner Music Group Corp's business model is the control of copyrights to music. The company has contracts with artists who own the exclusive rights to their songs and albums. In addition, the company pursues an aggressive strategy against piracy and unauthorized copying of music by enforcing intellectual property rights. The company also offers various products and services, such as music streaming services, tour management, concert production, and music lover management. In addition, Warner Music Group Corp offers merchandise items such as T-shirts, posters, and other items related to the artists whose music they produce and market. Another important part of Warner Music Group Corp's business model is diversification of divisions. The company is able to quickly adapt to new trends in the music business by focusing on various business areas and investing in various technologies and platforms. For example, the company has focused on podcasts, virtual reality, and social media to reach new audiences and expand its reach. Warner Music Group Corp also has significant partnerships with other companies in the music industry, including internet streaming services such as Spotify, Apple Music, and Amazon Music. Through these partnerships, the company benefits from the revenue generated by them while increasing the visibility of its artists and brands. Overall, the business model of Warner Music Group Corp has proven to be successful and able to adapt quickly to changes in the music industry. The company is a key player in the music industry and is expected to continue to grow and expand in the future.

The expected revenue of Warner Music Group is 7.34 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Warner Music Group is 776.67 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Warner Music Group is currently 20.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Warner Music Group stock.

The price-to-sales ratio (P/S) of Warner Music Group is currently 2.21. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Warner Music Group stock.

The Eulerpool Quality Score for Warner Music Group is 4/10.

The ISIN of Warner Music Group is US9345502036. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Warner Music Group is A2P0W9. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Warner Music Group is WMG. The ticker symbol is used to trade Warner Music Group shares on the stock exchange.

Fair ValueTerminal
30.36 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Entertainment
Number of shares
Employees
Revenue per Employee
1.22 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website wmg.com
Currency
USD
Initial public offering
Jun 3, 2020
ISIN
US9345502036
Cusip
934550203
Sedol
BLGJ610
Market capitalization
16.29 B USDLarge Cap
52-Week Range
PEG
4.06
P/E ratio
P/Ee 2026
20.98
P/Ee 2027
17.36
P/Ee 2028
15.22
P/Ee 2029
18.49
P/Ee 2030
12.47
P/S
P/Se
2.21
EV/EBIT
28.23
P/B Ratio
25.18
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
7.28 %
Dividend
Dividend yield
2.36 %
Est. Dividend Yield
2.46 %
Payout Ratio
105.23 %
Dividend growth Ø5Y
4.43 %
Dividend payments per year
4
Dividend paid since
6 years
Dividend not reduced since
6 years
Dividend increased since
6 years
Dividend withholding tax
30.00 %
Last updated Nov 11, 2026, 1:27 AM

Warner Music Group Ticker

DÜSSELDORF · WA4.DUFRANKFURT · WA4.FHAMBURG · WA4.HMMUNICH · WA4.MUNASDAQ · WMGVIENNA · WMG.VI

Warner Music Group FIGI

WMG:US · BBG00RP2T9T6WMG:UA · BBG00RP2T9Y0WMG:UC · BBG00RP2T9Z9WMG:UN · BBG00RP2TB11WMG:UP · BBG00RP2TB20WMG:UB · BBG00RP2TB48WMG:UM · BBG00RP2TB66WMG:UX · BBG00RP2TB75WMG:UD · BBG00RP2TBD8WMG:UW · BBG00RP2TBG5WMG:UF · BBG00RP2TBH4WMG:VY · BBG00RP2TBJ2