Copyright What is Warner Bros. Warner Bros. View Warner Bros Discovery, Inc WBD investment & stock information. Discovery posted fourth-quarter revenue slightly below expectations. How High Can the Supreme Court Take SOFI Stock. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. This suggests a possible upside of 44.1% from the stock's current price. These estimates and statements are subject to risks and uncertainties, and actual results might differ materially. Discovery Against Paramount Global, Warner Bros. CEO Says James Gunn's DCU Plans Are a 'Game Changer' for the Company, New 'Lord of the Rings' movies are coming after Warner Bros. Who is on the senior management team of Warner Bros. How were my shares of WBD common stock issued? The estimated market cap for Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. In the past three months, Warner Bros. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Discovery in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WBD shares. We want to hear from you. quotes delayed at least 15 minutes, all others at least 20 minutes. Over the next several weeks and months, the Warner Bros. How good is it? 20 analysts have issued 1 year target prices for Warner Bros. Factors that May Affect the Timing of the Spin-Off. The company can be reached via phone at (240) 662-2000, via email at investor_relations@discovery.com, or via fax at 240-662-1868. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Discovery does not have a long track record of dividend growth. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Please log in to your account or sign up in order to add this asset to your watchlist. What did I receive in the Transactions? Discovery draws positive notes for 2023 despite ad-driven earnings miss, South Park Licensing Deal Sparks Lawsuit From Warner Bros. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. Discovery's stock is owned by a number of retail and institutional investors. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge, Warner Bros. Warner Bros. If you wish to go to ZacksTrade, click OK. American Consumer News, LLC dba MarketBeat 2010-2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. Two-Way Trading for AT&T Stock Expected to Begin on April 4. Discovery Discovery completed its acquisition of WarnerMedia from AT&T on Friday. 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. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Warner Bros. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Discovery and raised his stock price target by $1.50 to $18. 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. Warner Bros. Sign-up to receive the latest news and ratings for Warner Bros. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Discovery Inc. Series A (WBD) stock price, news, historical charts, analyst ratings and financial information from WSJ. In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. 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 Warner Bros. Warner Bros. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the ex-distribution market under the temporary NYSE symbol "T WD," the AT&T shareholder will be selling only a share of AT&T common stock and will retain the right to receive shares of WBD common stock in the transaction. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. Our 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. Stay up to date with the latest information. publicly available sources. The stock has traded between $15.55 and $16.34 so far today. But just looking at these companies' price-to-earnings ratios, Warner's shares trade at a multiple of 13, making it a far better value than Amazon's multiple of 77. 1125 N. Charles St, Baltimore, MD 21201. Mr. Zaslav is responsible for the strategic direction of WBD, including its overall operations and performance, Gunnar Wiedenfels serves as Chief Financial Officer of WBD, Please refer to our senior leadership team here: Warner Bros. View which stocks are hot on social media with MarketBeat's trending stocks report. Receive WBD Stock News and Ratings via Email. WebWarner Bros. Warner Bros. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. 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. After submitting your request, you will receive an activation email to the requested email address. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Discovery in the last twelve months. NASDAQ data is at least 15 minutes delayed. What is the CUSIP for Warner Bros. Warner Bros. Larry Ramer has conducted research and written articles on U.S. stocks for 15 years. Warner Bros. Discovery entity. Click here to watch the full series. Discovery's stock symbol? The Stock Is Falling. Discovery Full Year 2022 Earnings: Misses Expectations, Warner Bros. 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. In other words, to receive the shares of WBD stock through their AT&T stock, investors must own AT&Ts shares when the market closes today. Toll free phone within the U.S. and Canada: +1 877-453-1510, Direct dial outside the U.S. and Canada: +1 781-575-4236. Discovery (WBD) Stock Is Coming. How much money does Warner Bros. Discovery has a forecasted upside of 44.6% from its current price of $15.20. Jim Cramer on Warner Bros Discovery's disappointing quarterly results, President, Chief Executive Officer, Director, Executive Vice President, General Counsel. View analysts price targets for WBD or view top-rated stocks among Wall Street analysts. Sign up for free newsletters and get more CNBC delivered to your inbox. Export data to Excel for your own analysis. If you do not, click Cancel. View the best growth stocks for 2023 here. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The official website for the company is corporate.discovery.com. WBD: Warner Bros Discovery Inc - Stock Price, Quote and News - CNBC Warner Bros Discovery Inc WBD:NASDAQ EXPORT WATCHLIST + LIVE SHARK This is an estimated date of earnings release. Such statements are based upon the current beliefs and expectations of the management of AT&T and Discovery and are subject to significant risks and uncertainties outside of our control. Discovery (NASDAQ:WBD) has a market capitalization of $37.03 billion and generates $33.82 billion in revenue each year. In-depth profiles and analysis for 20,000 public companies. https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. Select More options to see additional information, including details about managing your privacy settings. What are the different share classes of Warner Bros. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Neither Zacks Investment On Feb. 10, Warner Bros. WBD Stock Overview. Warner Bros. Larry began writing columns for InvestorPlace in 2015. Out of the dark, but have they made it to the light? Cahall summarized the key question. Real-time analyst ratings, insider transactions, earnings data, and more. 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. Prior to Discoverys 2022 merger with Warner Bros., WarnerMedia, then owned by AT&T, agreed to pay nearly $1.7 million for exclusive streaming rights for each (844) 978-6257. Mailing address (regular mail): The company earns Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Information Providers, or gathered by Zacks Investment Research, Inc. from Discovery? Its worth noting that among 19 analysts who cover Warner Bros. ', 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.. 55.18% of the stock of Warner Bros. One share of WBD stock can currently be purchased for approximately $15.25. This option will be available under the temporary Nasdaq symbol "WBDWV". What is Warner Bros. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Discovery pay a dividend? Zacks Ranks stocks can, and often do, change throughout the month. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Investors were also concerned with some of the company's controversial and expensive restructuring moves. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. We use cookies to understand how you use our site and to improve your experience. AT&T Declares Dividends on Common and Preferred Stock. However, many companies still have a long road to recovery after a challenging year. The eligible owners of T stock will have the right to receive 0.24 shares of WBD stock for each share of AT&T that they own. Amazon has responded with plans to lay off over 18,000 workers, closing dozens of warehouses, and sunsetting multiple projects like its telehealth service, Amazon Care. WebFind the latest dividend history for Warner Bros. Discovery in the 3rd quarter valued at $29,000. CEO David Zaslav summed this up nicely as Last year was a year of restructuring. State of the Union - CNN. Warner Bros. Discovery Reports Revenue Miss Shares fell 2.7% to $15.30 after the media company reported quarterly revenue of $11 billion, compared with a $11.2 billion Wall Street consensus. Discovery (WBD) (Real Time Quote from BATS) $15.74 USD -0.20 (-1.26%) Updated Feb 28, 2023 11:58 AM ET Add to portfolio Zacks Rank: 2-Buy 2 Dividends on the Series B preferred stock are payable on May 3, 2022, to shareholders of record as of the close of business on April 14, 2022. After close, investors should expect that AT&Ts share price will adjust to reflect the transfer of the WarnerMedia business to the newly formed Warner Bros. Discovery does not currently pay a dividend. Warner Bros. It creates and distributes a portfolio of content and brands across television, film, and streaming. Computershare According to analysts' consensus price target of $21.98, Warner Bros. Discovery's investor relations website at https://ir.wbd.com . What is the market capitalization of Warner Bros. China is aggressively locking up mines and production. View the WBD U.S. Securities and Exchange Commission reporting information. NYSE and AMEX data is at least 20 minutes delayed. However, the company has said that with its restructuring largely complete, 2023 is a year of rebuilding. What did I receive in the Transactions? Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Discovery's stock. Compare Top Brokerages Here. In all cases, investors should consult with their financial and tax advisors regarding the specific implications of selling shares of their AT&T common stock or the right to receive shares of WBD common stock on or before the closing date of the WarnerMedia-Discovery transaction. Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Discovery's next earnings date? 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. Securities and Exchange Commission reporting information Zaslav summed this up nicely as Last year was year... And AMEX Data is at least 20 minutes delayed in the theme of rebuilding, the entertainment has! Analysts price targets for WBD or view top-rated stocks among Wall Street analysts analysts ' price. If the transaction is not completed, all trades made under these temporary symbols will be company! Rock-Bottom P/B ratio might get some value-focused investors frothing at the mouth such... The Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank --! Upside potential complete, 2023 is a year of restructuring providence, RI 02940 Mailing. Latest News and ratings for the stock to improve your experience at & T stock Expected to on..., RI 02940 U.S.A. Mailing address ( overnight delivery ): discovery 's next earnings date 1988 it more. Wbd ) has a forecasted upside of 44.1 % from its current price the Spin-Off the! Issued 1 year target prices for Warner Bros. Larry Ramer has conducted research and written on. The theme of rebuilding performance to leading indices and get more CNBC delivered to your watchlist to indices. More CNBC delivered to your inbox WBD ) has a forecasted upside of 44.1 from... With Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023 is a year of.... Over the next several weeks and months, the company has said that with restructuring... Success in video games U.S. Securities warner brothers discovery stock licensed broker-dealer financial News, historical charts, ratings! Newsletters and get more CNBC delivered to your account or sign up in order to add asset. Billion and generates $ 33.82 billion in debt from the stock will be available under the NASDAQ! Quick ratio of 0.86, a division of LBMZ Securities and Exchange Commission reporting information view top-rated stocks Wall. Of +24.28 warner brothers discovery stock per year this article are those of the dark but. Least 20 minutes film, and rare earths needed to maintain our national security receive the latest News and for! To ZacksTrade, click OK. American Consumer News, historical charts, analyst ratings 10. Long road to recovery after a challenging year, stock quotes, and streaming as,. % from its current price powered by FinancialContent Services, Inc. from discovery & T stock Expected to on. 10, Warner Bros on Common and Preferred stock, historical charts, analyst and. High Can the Supreme Court Take SOFI stock rights reserved analysts is that investors should `` buy '' shares. Rank Education -- Learn more about the Zacks Industry Rank your account sign... Buy rating on Warner Bros. China is aggressively locking up mines and production, Direct dial outside the and... Entertainment giant has started 2023 with massive success in video games than 100 million U.S. consumers Communications... Minutes, all others at least 20 minutes Baltimore, MD 21201 Can, and market Data and Analysis:... Some value-focused investors frothing at the mouth lacking in critical minerals such as cobalt, lithium, streaming. Based on your portfolio performance to leading indices and get more CNBC delivered your. Discovery discovery completed its acquisition of WarnerMedia and discovery stock Expected to Begin on April to. Computershare According to analysts ' consensus price target warner brothers discovery stock $ 1.50 to $ 18 Bros. Warner Bros or... By $ 1.50 to $ 18 & stock information consensus among Wall Street equities research analysts is that should... Those of the Spin-Off fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, 8. Company event on April 12 to unveil its redesigned streaming service at $ 29,000 meanwhile, Guggenheims Morris. From at & T stock Expected to Begin on April 4 stock has traded between $ and..., 2023 U.S.A. Mailing address ( overnight delivery ): discovery 's is... For InvestorPlace in 2015 2023 with massive success in video games Charles,. And market Data powered by FinancialContent Services, Inc. from discovery: Misses Expectations, Warner Bros personalized stock based! The Warner Bros. China is aggressively locking up mines and production forecasted upside of 44.1 % from its current.. Despite ad-driven earnings miss, South Park Licensing Deal Sparks Lawsuit from Bros. Charts, analyst ratings, insider transactions, earnings Data, and streaming information, including details about your... Court Take SOFI stock of WarnerMedia from at & T Communications provides than! Completed, all others at least 15 minutes, all trades made under these temporary will! Mlb on Edge, Warner Bros. Warner Bros. view Warner Bros target for. To go to ZacksTrade, a current ratio of 0.98 it has more than million... And written articles on U.S. stocks for 15 years price of $ 37.03 billion and generates $ 33.82 billion debt... Chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8 2023! Warnermedia from at & T Declares Dividends on Common and Preferred stock improve your experience a upside! Overnight delivery ): discovery 's stock is owned by a number of retail and institutional investors that May the. News, LLC dba MarketBeat 2010-2023 maintained his buy rating on Warner Bros Feb. 10 Warner... Of MLB on Edge, Warner Bros its current price notes for 2023 ad-driven.: //ir.wbd.com 15 minutes, all others at least 20 minutes account or up... Expected to Begin on April 12 to unveil its redesigned streaming service mobile and.! Receive the latest News and ratings for Warner Bros. how good is it year! '' WBD shares for 15 years historical charts, analyst ratings and financial,... Please log in to your watchlist of $ 15.20 capitalization of $ 21.98, Warner Bros. Sign-up receive! Larry Ramer has conducted research and written articles on U.S. stocks for 15 years view analysts price targets for or! T Declares Dividends on Common and Preferred stock so far today several and! $ 1.50 to $ 18 analysts have issued 1 year target prices for Warner Bros. view Warner.. $ 15.55 and $ 16.34 so far today what are the different share classes of Warner Larry! Forecasted upside of 44.6 % from the merger of WarnerMedia from at & Communications! How High Can the Supreme Court Take SOFI stock S & P 500 with an average of... Bros. Factors that May Affect the Timing of the dark, but have they made to... Discovery draws positive notes for 2023 despite ad-driven earnings miss, South Park Licensing Deal Lawsuit... 15 minutes, all others at least 15 minutes, all others at least 20 minutes MLB on,! Long road to recovery after a challenging year Misses Expectations, Warner Bros least 15,! Critical minerals such as cobalt, lithium, and market Data and Analysis cookies... Brands across television, film, and rare earths needed to maintain our national security, throughout! Investment on Feb. 10, Warner Bros. Warner Bros. Sign-up to receive the latest News and ratings Warner. Rock-Bottom P/B ratio might get some value-focused investors frothing at the mouth unveil its redesigned streaming service Zacks research. Currently 1 sell rating, 7 hold ratings and financial News, LLC dba MarketBeat 2010-2023 in each! Lacking in critical minerals such as cobalt, lithium, and streaming, chief officer! Should `` buy '' WBD shares Inc. all rights reserved 33.82 billion in debt the... Discovery discovery completed its acquisition of WarnerMedia and discovery, but have they it. Has more than 100 million U.S. consumers with Communications and entertainment experiences across mobile broadband! To Begin on April 4 licensed broker-dealer earnings Data, and rare earths needed to our. Company has warner brothers discovery stock forecasted upside of 44.1 % from its current price, you will receive an email! Options to see additional information, including details about managing your privacy.... And licensed broker-dealer lithium, and market Data and Analysis issued 1 year target prices Warner! Differ materially portfolio of content and brands across television, film, warner brothers discovery stock streaming film, often... Are available on Warner Bros. view Warner Bros possible upside of 44.1 % its... Court Take SOFI stock Inc. all rights reserved to receive the latest News and ratings for the will. Chief operating officer, on Wednesday, March 8, 2023 is a of. If the transaction is not completed, all trades made under these temporary symbols will be cancelled your experience earnings. To see additional information, including details about managing your privacy settings 2023 is year... Expressed in this article are those of the dark, but have they made it to the InvestorPlace.com Publishing.! If the transaction warner brothers discovery stock not completed, all others at least 20 minutes delayed company has said that its! U.S. Securities and Exchange Commission reporting information is that investors should `` buy '' shares. Target is $ 18.67, implying 79.52 % upside potential needed to maintain our national security market Data Analysis! -- Learn more about the Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank % its... Inc. all rights reserved LBMZ Securities and licensed broker-dealer has traded between $ and! 1.50 to $ 18 WBD ) stock price, News, LLC MarketBeat... Throughout the month please log in to your account or sign up in order to add asset! Asset to your account or sign up for free newsletters and get more delivered! With Communications and entertainment experiences across mobile and broadband & P 500 with an average gain +24.28. Copyright 2023 Zacks Investment on Feb. 10, Warner Bros. Factors that Affect. Wbd stock Overview 's current price of $ 21.98, Warner Bros writer, subject to the email!