During the last session, Warner Bros. Discovery Inc (NASDAQ:WBD)’s traded shares were 48.64 million, with the beta value of the company hitting 1.50. At the end of the trading day, the stock’s price was $7.92, reflecting an intraday loss of -4.00% or -$0.33. The 52-week high for the WBD share is $12.70, that puts it down -60.35 from that peak though still a striking 16.16% gain since the share price plummeted to a 52-week low of $6.64. The company’s market capitalization is $19.59B, and the average intraday trading volume over the past 10 days was 51.57 million shares, and the average trade volume was 39.03 million shares over the past three months.
Warner Bros. Discovery Inc (WBD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.17. WBD has a Sell rating from 1 analyst(s) out of 20 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.
Warner Bros. Discovery Inc (NASDAQ:WBD) trade information
Warner Bros. Discovery Inc (WBD) registered a -4.00% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.00% in intraday trading to $7.92, hitting a weekly high. The stock’s 5-day price performance is -14.47%, and it has moved by -23.77% in 30 days. Based on these gigs, the overall price performance for the year is -5.26%. The short interest in Warner Bros. Discovery Inc (NASDAQ:WBD) is 86.22 million shares and it means that shorts have 1.94 day(s) to cover.
The consensus price target of analysts on Wall Street is $12, which implies an increase of 34.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $12 respectively. As a result, WBD is trading at a discount of -51.52% off the target high and -51.52% off the low.
Warner Bros. Discovery Inc (WBD) estimates and forecasts
In the rating firms’ projections, revenue will decrease -1.23% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 9.63B as predicted by 20 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 9.68B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.96B and 9.71B respectively. In this case, analysts expect current quarter sales to shrink by -3.30% and then drop by -0.37% in the coming quarter.
While earnings are projected to return 92.43% in 2025, the next five years will return 69.81% per annum.
WBD Dividends
Warner Bros. Discovery Inc is due to release its next quarterly earnings on 2025-Feb-26. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Warner Bros. Discovery Inc (NASDAQ:WBD)’s Major holders
Warner Bros. Discovery Inc insiders own 9.33% of total outstanding shares while institutional holders control 68.48%, with the float percentage being 75.53%. VANGUARD GROUP INC is the largest shareholder of the company, while 1552.0 institutions own stock in it. As of 2024-06-30, the company held over 248.57 million shares (or 10.1749% of all shares), a total value of $1.85 billion in shares.
The next largest institutional holding, with 165.19 million shares, is of BLACKROCK INC.’s that is approximately 6.7397% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.23 billion.
