In today’s recent session, 5.54 million shares of the Warner Bros. Discovery Inc (NASDAQ:WBD) have been traded, and its beta is 1.45. Most recently the company’s share price was $11.15, and it changed around $0.17 or 1.51% from the last close, which brings the market valuation of the company to $27.36B. WBD at last check was trading at a discount to its 52-week high of $12.70, offering almost -13.9% off that amount. The share price’s 52-week low was $6.64, which indicates that the recent value has risen by an impressive 40.45% since then. We note from Warner Bros. Discovery Inc’s average daily trading volume that its 10-day average is 36.44 million shares, with the 3-month average coming to 33.05 million.
Warner Bros. Discovery Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.21. If we narrow it down even further, the data shows that 1 out of 28 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 13 recommended WBD as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. Warner Bros. Discovery Inc is expected to report earnings per share of -0.09 for the current quarter.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
Instantly WBD has been showing a green trend so far today with a performance of 1.51% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.13 on recent trading daydecreased the stock’s daily price by -0.18%. The company’s shares are currently up 5.45% year-to-date, but still up 2.07% over the last five days. On the other hand, Warner Bros. Discovery Inc (NASDAQ:WBD) is 4.26% up in the 30-day period. We can see from the shorts that 69.73 million shares have been sold at a short interest cover period of 1.54 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 7.08% from its current value. Analyst projections state that WBD is forecast to be at a low of $12 and a high of $12.
Warner Bros. Discovery Inc (WBD) estimates and forecasts
The year-over-year growth rate is expected to be -1.07%, down from the previous year.
Consensus estimates provided by 20 financial analysts predict the company will bring in an average of 9.74B in revenue for the current quarter. 19 analysts expect Warner Bros. Discovery Inc to make 9.69B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 9.96B and 9.71B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.21%. Forecasts for the next quarter put sales growth at -0.27%.
Warner Bros. Discovery Inc earnings are expected to increase by 92.16% in 2025, but the outlook is positive 71.58% per year for the next five years.
Warner Bros. Discovery Inc (NASDAQ:WBD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.33% of Warner Bros. Discovery Inc shares, and 68.45% of them are in the hands of institutional investors. The stock currently has a share float of 75.50%. Warner Bros. Discovery Inc stock is held by 1577.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.1749% of the shares, which is about 248.57 million shares worth $1.85 billion.
BLACKROCK INC., with 6.7397% or 165.19 million shares worth $1.23 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
The Communication Services Select Sector SPDR Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025. The former held 78.65 shares worth $876.92 million, making up 3.20% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 69.12 shares worth around $770.67 million, which represents about 2.82% of the total shares outstanding.
