Warner Music Group Corp. (NASDAQ:WMG – Get Rating) announced a quarterly dividend on Friday, May 12th, Zacks reports. Stockholders of record on Tuesday, May 23rd will be paid a dividend of 0.16 per share on Thursday, June 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend […]
Warner Music Group (NASDAQ:WMG – Get Rating) issued its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.14), Briefing.com reports. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Warner Music Group […]
Warner Music Group Corp. (NASDAQ:WMG – Get Rating)’s share price traded down 9.1% during mid-day trading on Tuesday . The company traded as low as $25.77 and last traded at $25.90. 733,280 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 1,381,155 shares. The stock had previously closed […]
Warner Music Group (NASDAQ:WMG – Get Rating) had its price target lowered by investment analysts at JPMorgan Chase & Co. from $42.00 to $40.00 in a research report issued on Tuesday, The Fly reports. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 30.29% from the stock’s current price. A number of other […]
UBS Group AG trimmed its position in Warner Music Group Corp. (NASDAQ:WMG – Get Rating) by 65.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 176,878 shares of the company’s stock after selling 339,595 shares during the period. UBS Group […]