In the last trading session, 37.98 million shares of the Warner Bros. Discovery Inc (NASDAQ:WBD) were traded, and its beta was 1.51. Most recently the company’s share price was $8.02, and it changed around $0.05 or 0.63% from the last close, which brings the market valuation of the company to $19.69B. WBD currently trades at a discount to its 52-week high of $12.70, offering almost -58.35% off that amount. The share price’s 52-week low was $6.64, which indicates that the current value has risen by an impressive 17.21% since then. We note from Warner Bros. Discovery Inc’s average daily trading volume that its 10-day average is 50.72 million shares, with the 3-month average coming to 38.50 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 27 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 12 recommended WBD as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
Instantly WBD has showed a green trend with a performance of 0.63% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.50 on recent trading dayincreased the stock’s daily price by 15.58%. The company’s shares are currently down -24.12% year-to-date, but still down -0.87% over the last five days. On the other hand, Warner Bros. Discovery Inc (NASDAQ:WBD) is -21.30% down in the 30-day period. We can see from the shorts that 86.22 million shares have been sold at a short interest cover period of 1.94 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 33.17% 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
Warner Bros. Discovery Inc earnings are expected to increase by 92.47% in 2025, but the outlook is positive 70.10% per year for the next five years.
WBD Dividends
Warner Bros. Discovery Inc’s next quarterly earnings report is expected to be released on 2025-Feb-26.
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 68.42% of them are in the hands of institutional investors. The stock currently has a share float of 75.46%. Warner Bros. Discovery Inc stock is held by 1550.0 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.
