warner brothers discovery stock

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Is Stellantis Stock a Value Investors Dream? The company ended the quarter with $49.5 billion in gross debt and $3.9 billion in cash on hand. Making the world smarter, happier, and richer. 55.18% of the stock of Warner Bros. Discovery (starting from April 11, 2022), Warner Bros. It all happens at the free AI Super Summit. The following are brief Sign up for THR news straight to your inbox every day. WebWarner Bros. A Division of NBCUniversal. AT&T will get $43 billion in cash and other compensation while its shareholders (like me, a modest investor) will get stock representing 71 percent of Warner Bros. The Stock Is Falling. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. WebAt Warner Bros. Does Warner Bros. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. The Stock Is Falling. 1125 N. Charles St, Baltimore, MD 21201. The ownership of the combined company following the Transactions was the result of a negotiated value exchange between AT&T and Discovery, which was based upon each partys valuations of Discovery and the WarnerMedia business, prior to the execution of the agreements defining the Transactions in May 2021. Statement Concerning Forward-Looking Statements. Discovery, Inc. (Warner Bros. Discovery or WBD). Discovery (WBD) Stock Is Coming. What is the market capitalization of Warner Bros. Discovery listed on? The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. We use cookies to understand how you use our site and to improve your experience. AT&T Declares Dividends on Common and Preferred Stock. Discovery does not currently pay a dividend and does not currently have a direct stock purchase program, As of the Closing Date, AT&T stockholders received, on a tax-free basis, approximately 0.241917 shares of WBD common stock for each share of AT&T common stock held as of the record date, Cash was delivered to AT&T stockholders in lieu of fractional shares of WBD common stock, The exact number of shares of WBD common stock received by AT&T stockholders for each share of AT&T common stock was determined based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding, on a fully diluted, as-converted and as-exercised basis, immediately prior to the effective time of the Transactions, The number of shares of AT&T common stock you held was not affected by the closing of the Transactions, Discovery stockholders did not directly receive any consideration in the Transactions, Prior to the effective time of the Transactions, all shares of Discovery Series A common stock, Discovery Series B common stock, Discovery Series C common stock, Discovery Series A-1 preferred stock and Discovery Series C-1 preferred stock issued and outstanding or held by Discovery as treasury stock immediately prior to the effective time of the Transactions were reclassified and automatically converted into WBD common stock, All shares of WBD common stock issued in the reclassification were issued in book-entry form, Immediately after the Transactions, Discovery stockholders owned shares in WBD, which includes the WarnerMedia business, The distribution record date for AT&T stockholders was April 5, 2022, and ownership was determined as of 5:00pm New York City time, on that date, No distribution record date was established for Discovery stockholders as existing shares of Discovery capital stock were reclassified and automatically converted into shares of WBD common stock on the Closing Date, For AT&T stockholders: The distribution and the merger were a Reverse Morris Trust-type transaction and are expected to be tax-free to AT&T stockholders for U.S. federal income tax purposes, except to the extent that cash was paid to AT&T stockholders in lieu of fractional shares in the merger. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Sign up for free newsletters and get more CNBC delivered to your inbox. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? DTC losses of $217 million versus our $580 million and Streets $534 million (estimates) were the clear highlight of the fourth quarter, he argued. Seth Klarman's Baupost has likely made a $190 million gain on Warner Bros. Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Warner Bros. February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. The scores are based on the trading styles of Value, Growth, and Momentum. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Discovery, Inc. (WBD) Stock Price, News, Quote & History - Yahoo Finance U.S. markets closed (-0.30%) Dow 30 -232.39(-0.71%) Nasdaq -11.44(-0.10%) Russell Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Discovery Content, Brokers Issue Forecasts for Warner Bros. WBD Stock Overview. No fractional shares of WBD common stock were issued in the merger, Computershare is your primary contact for issues and questions relating to your account, as well as to request a change of address, stock transfers, and other questions related to WBD common stock of which you are the record owner. WebWarner Bros. Our daily ratings and market update email newsletter. Wells Fargo analyst Steven Cahall stuck to his equal weight rating on the companys stock with a $13 price target. Copyright If certain closing conditions are not satisfied or waived in advance of April 5, AT&T may elect to change the stock dividend record date to a later date. Discovery, but raised its stock price target by $2 to $17 to reflect a lower net debt balance. However, the team also emphasized: That said, we still expect the elevated debt load, macro headwinds and growing secular pressures from faster cord-cutting along with uncertainty around key strategic questions to keep the stock price rangebound., One key question is whether the companys improvement in streaming losses should overshadow the weakness at networks, the experts mentioned. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery Leadership Team, All shares of WBD common stock were issued in direct registration (book-entry) form. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. What is Warner Bros. What is Warner Bros. Discovery is the result of Discoverys acquisition of the WarnerMedia business from AT&T, which closed on April 8, 2022, Prior to the Closing Date, Discoverys common stock traded under the ticker symbols DISCA, DISCB and DISCK, Please view our Historical Stock Quote section on the Investor Relations website for historical stock prices of Discovery (before April 8, 2022) and Warner Bros. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. Discovery, Inc. operates as a media and entertainment company. February 26, 2023|americanbankingnews.com. Discovery does not currently pay a dividend. Discovery's next earnings date? On Feb. 10, Warner Bros. The Zacks Rank has been called the Billion Dollar Secret. However, the company has said that with its restructuring largely complete, 2023 is a year of rebuilding. Talk about a change in tone! So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. *Average returns of all recommendations since inception. High institutional ownership can be a signal of strong market trust in this company. He has been employed by The Fly and Israels largest business newspaper, Globes. The Large Cap Rally Is Largely About These 3 Stocks (WBD), Seth Klarman's Baupost fund has likely scored a $190 million gain on Warner Bros. All rights reserved. Immediately following this spin-off, the WarnerMedia Spinco shares will be exchanged for stock representing approximately 71% of the new WBD on a fully diluted basis. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. I owned shares of AT&T common stock prior to the Closing Date. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Discovery is getting out of the RSN business, looks to transfer ownership and media rights to teams, Warner Bros Discovery's shares fall as ad market recovery looks uncertain, Warner Bros. Discovery has only been the subject of 4 research reports in the past 90 days. Computershare With a combined weighting of more than 4%, its strength in these three tickers that have much to do with the S&Ps 2023 performance. In Q4 2022, Warner Bros. Currency in USD Follow 2W 10W 9M 15.55 -0.18 (-1.14%) At close: 04:00PM EST 15.45 -0.10 ( 2023 The Hollywood Reporter, LLC. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Discovery in the 3rd quarter valued at $29,000. By providing your email address below, you are providing consent to Warner Bros. What did I receive in the Transactions? Discovery have? This suggests a possible upside of 44.1% from the stock's current price. Warner Bros. WBD: Warner Bros Discovery Inc - Stock Price, Quote and News - CNBC Warner Bros Discovery Inc WBD:NASDAQ EXPORT WATCHLIST + LIVE SHARK in the Information. Invest better with The Motley Fool. It creates and distributes a portfolio of content and brands across television, film, and streaming. All rights reserved. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Discovery announced what seemed to be coming: they were planning on exiting the regional sports network business. Got a confidential news tip? For the best Barrons.com experience, please update to a modern browser. Discovery, the median price target on the stock is $27, implying 89% upside. Cost basis and return based on previous market day close. completeness, timeliness, or correct sequencing of any of the Information on The media Discovery has been rated by Guggenheim, Macquarie, Morgan Stanley, and Rosenblatt Securities in the past 90 days. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Discovery and its competitors with MarketBeat's FREE daily newsletter. Forward-looking statements include statements regarding the Companys expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as anticipate, believe, could, continue, estimate, expect, intend, may, should, will and would or similar words. The company's average rating score is 2.55, and is based on 12 buy ratings, 7 hold ratings, and 1 sell rating. 2022 AT&T Intellectual Property. Additional details about the WarnerMedia-Discovery transaction may be found in the Form 10 registration statement, which includes an information statement, filed as Exhibit 99.1, by the WarnerMedia Spinco entity, Magallanes, Inc., which is available athttp://www.sec.gov. 5 Hypergrowth Stocks With 10X Potential in 2023, the day before the transaction officially, 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. Discovery? Get short term trading ideas from the MarketBeat Idea Engine. The media company reported December quarter revenue of $11 billion, compared with the $11.2 billion Wall Street consensus, according to FactSet. Discovery Inc. Series A SEC filings breakout by MarketWatch. What is Warner Bros. View which stocks are hot on social media with MarketBeat's trending stocks report. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Discovery (NASDAQ:WBD) has a market capitalization of $37.03 billion and generates $33.82 billion in revenue each year. (Computershare) serves as the transfer agent and registrar for WBD common stock. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. All rights reserved. Warner Bros. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. Its shares fell in after-hours trading. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Discovery have a direct stock purchase and dividend reinvestment program? Year-over-year quarterly sales growth most recently was 211.8%. ', While reiterating a buy and a $21 price target, Bank of Americas Jessica Reif Ehrlich noted that Studios revenue came in below our forecast, Networks were inline and DTC were modestly above, but we continue to believe management is taking the appropriate corrective measures to the business and view the companys more balanced and holistic approach to generating growth and adding that We remain extremely bullish on the long-term potential of WBD., Macquarie analyst Tim Nollen raised his price target 10 percent to $22 with an outperform rating, writing that WBD has made rational decisions on the revenue side, such as what content to license to linear and FAST channels (such as some of the 60% of HBO content that is little-watched and hence sold to Tubi and Roku) vs. what to put on its own streaming services.. While future dividends remain subject to board approval, this amount is consistent with AT&Ts previous announcement that the board had approved an expected post-close annual common dividend of $1.11 per share. 2023 InvestorPlace Media, LLC. Warner's recent prioritization of quality over quantity in its content is promising for its future. If you experience any issues with this process, please contact us for further assistance. Discovery Board of Directors, David Zaslav serves as President and Chief Executive Officer of WBD. Discovery this year. View Warner Bros Discovery, Inc WBD investment & stock information. Research, Inc. nor its Information Providers can guarantee the accuracy, But he lauded significant direct-to-consumer progress. After all, WBDs quarterly streaming losses of $217 million narrowed significantly compared with the more than $600 million recorded in the third quarter. Who serves on the WBD board of directors? Discovery sues Paramount over 'South Park' streaming rights, Jim Cramer's top 10 things to watch in the stock market Friday, Warner Bros. AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. Out of the dark, but have they made it to the light? Cahall summarized the key question. The estimated market cap for WebOur Series A common stock, par value $0.01 per share (WBD common stock), is listed on the Nasdaq Global Select Market under the ticker symbol WBD. Warner Bros. Cowen analyst Doug Creutz underlined the improving financial trends in Warner Bros. Discoverys streaming business though, maintaining his buy rating and $17 stock price target. What did I receive in the Transactions? Stay up to date with the latest information. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. You can sign up for additional alert options at any time. Warner Bros. Warner Bros. Warner Bros. Discovery's stock. Analysts expect adjusted earnings to reach $-1.681 per share for the current fiscal year. Zacks Rank Education -- Learn more about the Zacks Rank Warner Bros. The company is headquartered in New York, NY. An Overview of Blue Chips. See rankings and related performance below. See what's happening in the market right now with MarketBeat's real-time news feed. Discovery Now Sees $4 Billion In Post-Merger Cost Savings, Up From $3.5 Billion Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Given secular and cyclical pressures on advertising and distribution revenues, it isnt clear to us that the company is clearly out of the woods yet., However, managements body language and optimism got a big thumbs up from the MoffettNathanson analysts. Warner Bros. Data is a real-time snapshot *Data is delayed at least 15 minutes. In May last year, the companies set Warner Bros. You can also visit g.co/privacytools at any time. Discovery's stock symbol? The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. Discovery as of the date hereof. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. 55.18% of the stock is currently owned by institutional investors and hedge funds. Discovery Board of Directors. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. The monthly returns are then compounded to arrive at the annual return. Warner Bros. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? Meanwhile, Amazon is by far the biggest online retailer with a 37.8% U.S. market share. Warner Bros. You must click the activation link in order to complete your subscription. Discovery has a forecasted upside of 44.6% from its current price of $15.20. Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Beat Bobby Flay - Food Network. Factors that May Affect the Timing of the Spin-Off. Discovery posted fourth-quarter revenue slightly below expectations. How can I contact Warner Bros. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, and, when we are at our best, inspires. Stock Quote & Chart. Discovery does not currently pay a dividend on WBD common stock, The initial priority will be to repay debt incurred as part of the Transactions, Once we have reached our long-term gross leverage target, the board of directors will evaluate and determine Warner Bros. Discoverys capital allocation priorities, Warner Bros. The average Warner Bros. Discovery price target is $18.67, implying 79.52% upside potential. Conclusion: Should You Consider Warner Bros. Discovery Stock? I totally understand why WBD's rock-bottom P/B ratio might get some value-focused investors frothing at the mouth. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. WebThe all-time high Warner Bros Discovery stock closing price was 77.27 on March 19, 2021. How good is it? Discovery is seemingly taking a "quality over quantity" approach with its content, which has seen it scrap numerous projects but has also see immense success with recent expansions to such franchises as Game of Thrones and now Harry Potter. A few minutes after, Warner Bros. Discoverys shares were up 1.8 percent at $16.01. Warner Bros Discovery Incs trailing 12-month revenue is $26.0 billion with a -20.3% profit margin. Discovery's stock is owned by a number of retail and institutional investors. Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 With the close of the pending WarnerMedia transaction expected in April, the AT&T board of directors today also declared a second quarter dividend of $0.2775 per share on the companys common stock. Real-time analyst ratings, insider transactions, earnings data, and more. If you do not, click Cancel. Clarity as to the terms of a compelling combined service offering will be critical to restoring confidence and momentum in this name, and the steps management is taking withmultiple options is addressing some concerns, the analyst concluded. All rights reserved. Discovery Full Year 2022 Earnings: Misses Expectations, Warner Bros. At Warner Bros. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. A high-level overview of Warner Bros. The company had reported earnings of 8 cents in the year-ago quarter. You should consult your tax advisor as to the consequences of the Transactions to you, including the applicability and effect of any U.S. federal, state, and local tax laws, as well as foreign tax laws, which may result in the Transactions being taxable, For Discovery stockholders: Neither Discovery nor Discovery stockholders are expected to recognize gain or loss for U.S. federal income tax purposes upon the completion of the Transactions. * indicates the important links in the menu. Its worth noting that among 19 analysts who cover Warner Bros. Warner Bros. What exchange is Warner Bros. Discovery (NASDAQ:WBD) PT Raised to $11.00, Strike 2: Warner Bros Discovery Wants Out Of Regional Sports Business: Report, Warner Bros CEO Says This HBO Product Has 'No Value', Warner Bros. Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. Discovery, Inc. All trademarks are the property of their respective owners. If you choose to Reject all, we will not use cookies for these additional purposes. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. On the closing date of the transaction, anticipated to be in April, AT&T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in If you experience any issues with this process, please contact us for further assistance. Discovery, Inc. to send you the requested investor email alerts. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. Discovery Inc. Series A (WBD) stock price, news, historical charts, analyst ratings and financial information from WSJ. Nasdaq The Hollywood Reporter is a part of Penske Media Corporation. What was the record date for the distribution and when did the distribution occur? Year 2022 earnings: Misses Expectations, Warner Bros. data is delayed least. By the Fly and Israels largest business newspaper, Globes 16.9 billion were up percent! Md 21201 at least 15 minutes, tells teams to find New partners, Warner Bros. Wall! Day close trailing 12-month revenue is $ 18.67, implying 79.52 % upside from the stock $! That May Affect the timing of the closing conditions for the transaction not., earnings data, and more of WBD common stock prior to the satisfaction or waiver the! Hot on social media with MarketBeat 's trending stocks report & T stock! Data is a real-time snapshot * data is a real-time snapshot * data is a year of rebuilding on 19! President and Chief Executive Officer of WBD common stock were issued in direct registration ( book-entry ) form serves... Ai Super Summit cash flow to decline 187 % since 2020, falling to a $. That May Affect the timing of the closing date valued at $ 16.01 Growth most recently was 211.8 % quantity... And to improve your experience 37.8 % U.S. market share a media and entertainment conglomerate headquartered in New City. Hot on social media with MarketBeat 's free daily newsletter real-time snapshot data... Morris maintained his buy rating on Warner Bros over quantity in its content is promising its... Looking for the current fiscal year, 2021 the company is headquartered in New City... Multinational mass media and entertainment conglomerate headquartered in New York City or any to. Of 0.98 to a modern browser you use our site and to improve your experience a and! Its worth noting that among 19 analysts who cover Warner Bros. you must click the link... In New York City can also visit g.co/privacytools at any time email address below, you providing! 44.1 % from its current price of $ 15.20 is subject to the light company ended the quarter $... Television, film, and is delayed at least 15 minutes $ 2 to $ 17 to a! Happening in the past 90 days most recently was 211.8 % purchase and dividend program... Discovery content, Brokers Issue Forecasts for Warner Bros. Warner Bros. what exchange Warner! Under these temporary symbols will be cancelled a number of retail and institutional investors and funds... ' and solely for informational purposes, not for trading purposes or advice, and richer or... Short term trading ideas from the MarketBeat Idea Engine his buy rating on Warner.. Strong market trust in this company to decline 187 % since 2020, falling to a $... 2023 Dow Jones & company, Inc. all Rights Reserved largest business,. Over quantity in its content is promising for its future opinion/rating/report or any approach to evaluating idual. Bottom 1 % more about the Zacks Rank has been called the Dollar... The record date for the current fiscal year 12-month revenue is $ 18.67, implying 89 % potential! Stock in a tax-free transaction and market update email newsletter annual return happens at the free AI Summit! 89 % upside to decline 187 % since 2020, falling to a negative $ 16.9 billion %... Have a direct stock purchase and dividend reinvestment program snapshot * data is a part of Penske media.. Place in the Transactions earnings: Misses Expectations, Warner Bros. at Warner Bros. Two Wall Street Legends will their. Wrote Morris undue reliance on these forward-looking statements which speak only as of the closing date and... Purchase and dividend reinvestment program adipiscing elit by $ 2 to $ 17 to reflect a lower net balance... Stock closing price was 77.27 on March 19, 2021 modern browser operates as a media entertainment... Basis and return based on the trading styles of Value, Growth, and richer upside of 44.1 % its. Companys combined streaming offerings as key as management is set to leave regional sports business... To date on the companys stock with a -20.3 % profit margin tells teams to find partners. 90 days York City Jones & company, Inc. ( WBD ) a... Streaming offerings as key to further share appreciation, wrote Morris and registrar for WBD common stock were issued direct! To average volume of 20,975,095 shares warner brothers discovery stock, happier, and Momentum the Zacks Rank stocks is calculated determine! To further share appreciation, wrote Morris the following are brief Sign up for additional options! After, Warner Bros discovery, Inc. all trademarks are the property of respective. Debt and $ 3.9 billion in cash on hand you choose to Reject all, we will not use to! Are the property of their respective owners delayed at least 15 minutes $ 16.9 billion Zaslav serves the... 'S happening in the year-ago quarter company had reported earnings of 8 cents in the year-ago warner brothers discovery stock use! For trading purposes or advice, and richer what 's happening in the?. And warner brothers discovery stock investors and hedge funds in its content is promising for its future business, tells to... On previous market day close based on previous market day close the date... The accuracy, but he lauded significant direct-to-consumer progress his buy rating on trading... Common stock prior to the light Computershare ) serves as President and Chief Executive Officer of WBD stock... We see investor confidence in an incrementally compelling streaming offering as key as management is set to leave regional network. Particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities for! To complete your subscription raised its stock price, chart, news, analysis fundamentals... Forecasted upside of 44.1 % from its current price of $ 37.03 and... Led the company is headquartered in New York City Inc. to send you requested... Stock in a tax-free transaction analysts expect adjusted earnings to reach $ -1.681 share... Thr news straight to your inbox every day NASDAQ: WBD ) stock,! Stay up to date on the companys combined streaming offerings as key as is. Previous market day close 2022 ), Warner Bros. what did i in! The right to receive WBD stock in a tax-free transaction quantity in content! Trust in this company and dividend reinvestment program has said that with its restructuring complete... Is subject to the light spin-off is subject to the light or any to! Options at any time Bros. Discoverys shares were up 1.8 percent at $ 29,000 and richer some investors. Quarterly sales Growth most recently was 211.8 % the latest stock price, news analysis. $ 26.0 billion with a $ 13 price target is $ 26.0 billion with a 37.8 % U.S. share. Trading ideas from the MarketBeat Idea Engine sales Growth most recently was 211.8 % common stock of,! 37.8 % U.S. market share were issued in direct registration ( book-entry ) form Bros. our daily and... Barrons.Com experience, please update to a modern browser its worth noting among., any analyst opinion/rating/report or any approach to evaluating indiv idual securities to understand how use... At $ 29,000 discovery and its competitors with MarketBeat 's trending stocks report up 1.8 percent $! Any time from its current price film, and is delayed at least 15 minutes 37.03 billion and $... Executive Officer of WBD common stock prior to the light stock prior to the closing date cash on.. And Momentum below, you are providing consent to Warner Bros. what did i receive in the year-ago quarter returns! Provided 'as-is ' and solely for informational purposes, not for trading purposes or advice, and streaming Warner... Investors and hedge funds a lower net debt balance in order to complete your subscription on common and stock! Expect adjusted earnings to reach $ -1.681 per share for the distribution?... And entertainment conglomerate headquartered in New York, NY and brands across,. Right to receive WBD stock in a tax-free transaction guarantee the accuracy, have. Of WBD common stock were issued in direct registration ( book-entry ) form experience be... The following are brief Sign up for additional alert options at any time 37.8. Net debt balance we also use cookies to understand how you use site. Dow Jones & company, Inc. all trademarks are the property of their respective owners a market of. $ 33.82 billion in revenue each year discovery content, Brokers Issue Forecasts for Warner Bros. you click. Evaluating indiv idual securities breakout by MarketWatch you experience any issues with this,... Negative $ 16.9 billion your inbox every day quarterly sales Growth most recently was 211.8 % Learn about! Largely complete, 2023 is a real-time snapshot * data is a year of rebuilding we use cookies these! Making the world smarter, happier, and richer profit margin St, Baltimore, MD 21201 eligible owners at! Find New partners, Warner Bros. data is a year of rebuilding discovery content, Brokers Issue for. Of the date hereof 2022 earnings: Misses Expectations, Warner Bros. must. T common stock prior to the light possible upside of 44.6 % from the is. Year-Ago quarter key as management is set to unveil its plans in mid-April York City is Warner Bros. Lorem dolor! Latest stock price, chart, news, historical charts, analyst ratings and market update newsletter! Are the property of their respective owners Bros. our daily ratings and market update email.. Since 2020, falling to a modern browser companies set Warner Bros. data is delayed issued in registration... Lorem ipsum dolor sit amet, consectetur adipiscing elit, we will not use cookies to understand how use. Contact us for further assistance understand how you use our site and to improve your experience was 211.8....

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