warner brothers discovery stock

Mailing address (regular mail): Data is a real-time snapshot *Data is delayed at least 15 minutes. 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Wonder Woman 1984 - Warner Bros. Discovery, the median price target on the stock is $27, implying 89% upside. The technique has proven to be very useful for finding positive surprises. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. The exact number of shares of WBD common stock to be received by AT&T shareholders for each AT&T common share will be determined immediately before the closing based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding on an asconverted and asexercised basis. AT&T expects to close the transaction in April,second quarter dividend on common stock, payable in May,has been set according to previously announced updated dividend policy. Discovery, Inc. (Warner Bros. Discovery or WBD). Sign-up to receive the latest news and ratings for Warner Bros. Its shares fell in after-hours trading. WebThe all-time high Warner Bros Discovery stock closing price was 77.27 on March 19, 2021. We've detected you are on Internet Explorer. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. So, is Amazon or Warner Bros. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the regular way market under AT&T's NYSE symbol, "T," the shareholder will be selling both the share of AT&T common stock and the right to receive shares of WBD common stock in the transaction. Discovery is listed on the Nasdaq Global Select Market exchange, Warner Bros. Discoverys CUSIP is 934423104, WBD will only have one share class with each share having the same economic interest and voting power, Each share of WBD common stock will have one vote, Warner Bros. WebView the latest Warner Bros. Warner Bros. Discoverys ticker symbol is WBD. Over the next several weeks and months, the Warner Bros. Discovery finally bailing out of regional sports - report, Warner Bros. Discovery this year as 'Hogwarts: Legacy' sales boom, Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros. During this period of two-way trading in AT&T common stock, there will also be a market on the Nasdaq for WBD common stock on a when issued (WI) basis. Discovery Full Year 2022 Earnings: Misses Expectations, Warner Bros. In Q4 2022, Warner Bros. Our daily ratings and market update email newsletter. Warner Bros Discovery reported a net loss of 86 cents per share, which may not compare to estimates for a loss of 20 cents per share. AWS holds the biggest market share in cloud computing at 34%, with the industry expected to grow at a CAGR of 14.1% through 2030. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. 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. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. Learn More. The company is headquartered in New York, NY. 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 Stock Is Falling. We have been chosen as the exclusive connectivity provider for Lucid's full line of electric vehicles (EVs) shipped in the U.S., Canada and Mexico. The company earns 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. On average, they anticipate the company's stock price to reach $21.98 in the next twelve months. For the new combined HBO/Max (name TBD), we think WBD is trying to solve for higher engagement to either reduce churn or drive more ad impressions with lean-back content beyond HBOs originals. 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. Warner Bros. Discovery has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 10 buy ratings, 7 hold ratings, and 1 sell rating. According to analysts' consensus price target of $22.83, Warner Bros. Discovery has a forecasted upside of 140.9% from its current price of $9.48. You must click the activation link in order to complete your subscription. The Company offers audiences the differentiated and complete portfolio of content, brands, and franchises across television, film, streaming, and gaming in approximately 220 countries and territories and 50 languages. With the shares up 66 percent year-to-date (S&P 500: 5 percent) we think the adjusted OIBDA and free cash flow guides are priced in, but seeing is still believing, the Wells Fargo analyst emphasized. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge, Warner Bros. The effects of the COVID-19 pandemic may give rise to risks that are currently unknown or amplify the risks associated with the foregoing factors. Click here to watch the full series. Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. 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. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. (844) 978-6257. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. During the two-way trading period, an AT&T shareholder also has the option of selling the right to receive shares of WBD common stock while retaining shares of AT&T common stock. Warner Bros. Larry began writing columns for InvestorPlace in 2015. Throughout 2022, Amazon (AMZN -2.35%) and Warner Bros. 2022 AT&T Intellectual Property. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Amazon has a lot of work to do to get its e-commerce business back to profitability. Discovery as of the date hereof. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? This includes personalizing content and advertising. Non-GAAP Financial MeasuresThis communication may contain certain non-GAAP financial measures. Its shares fell in after-hours trading. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. Discovery posted fourth-quarter revenue slightly below expectations. Its shares fell in after-hours trading. Discovery's stock. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. The monthly returns are then compounded to arrive at the annual return. In May last year, the companies set Global Business and Financial News, Stock Quotes, and Market Data and Analysis. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. Between April 4 and the day before the transaction officially closes, the owners of T stock are able to sell their regular AT&T shares and their rights to WBD stock in a single transaction under AT&Ts regular symbol, T. Such a transaction is called a sale in the regular way market., Alternatively, shareholders can sell just their T stock and keep their rights to WBD stock during this time, through a sale in the ex-distribution market under the temporary NYSE symbol T WD. Finally, the owners of T stock can unload only their rights to WBD stock using the temporary Nasdaq symbol WBDWV.. However, its focus on producing engaging and quality content from now on could take it far, whether in gaming, streaming, or at the box office. Last year, the service earned 100% of Amazon's $12.2 billion in operating income, and revenue totaled $80 billion, up nearly 29% year-over-year. We use cookies to understand how you use our site and to improve your experience. Copyright 2023 InvestorPlace Media, LLC. How High Can the Supreme Court Take SOFI Stock. 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. Their WBD share price forecasts range from $11.00 to $40.00. Discovery make? Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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. (Computershare) serves as the transfer agent and registrar for WBD common stock. The Stock Is Falling. Discovery posted fourth-quarter revenue slightly below expectations. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. Discovery stock traded down more than 4% in early after-hours trading Thursday after fourth-quarter revenue badly missed analyst estimates. Copyright Invest better with The Motley Fool. All rights reserved. Talk about a change in tone! One share of WBD stock can currently be purchased for approximately $15.25. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. Reduced streaming losses, strong free cash flow and a focus on debt reduction those were some of the positives in Warner Bros. Discoverys fourth-quarter earnings update on Feb. 24 that were dissected by Wall Street experts overnight. Warner Bros. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. The official website for the company is corporate.discovery.com. Warner Bros. 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. 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. Discovery Board of Directors. Information Providers, or gathered by Zacks Investment Research, Inc. from This copy is for your personal, non-commercial use only. 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. publicly available sources. Investors were also concerned with some of the company's controversial and expensive restructuring moves. 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? WebGet the latest Warner Bros Discovery Inc (WBD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and This option will be available under the temporary Nasdaq symbol "WBDWV". The media WebWarner Bros. All rights reserved. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. You can reach him on Stocktwits at @larryramer. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. What is the CUSIP for Warner Bros. Sign in to your free account to enjoy all that MarketBeat has to offer. The latter company will trade on the Nasdaq under the symbol WBD. 2023 CNBC LLC. 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 Fourth-quarter revenue came in at $11.1 billion well short of the $11.36 billion estimates while quarterly losses came in at a total of $2.1 billion, or 86 cents per share. Warner Bros. Discovery, Inc. Series A Common Stock (WBD) at Nasdaq.com. What is the market capitalization of Warner Bros. Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. Wells Fargo analyst Steven Cahall stuck to his equal weight rating on the companys stock with a $13 price target. WebAt Warner Bros. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. Canton, MA 02021 U.S.A. For all investor-related inquiries, please email the investor relations department at [email protected] or to leave a voicemail, please call +1 212-548-5882. The Motley Fool has a disclosure policy. WebWarner Bros. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. The close of the transaction births new company Warner Bros. Subscribe for full access to The Hollywood Reporter. View the best growth stocks for 2023 here. Discovery is held by institutions. Discovery lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. What did I receive in the Transactions? Discovery's stock was trading at $9.48 at the start of the year. Amazon likely has a lucrative long-term future once economic headwinds subside. Dividends on the common stock and Series A and Series C preferred stock are payable on May 2, 2022, to shareholders of record of the respective shares at the close of business on April 14, 2022. 20 analysts have issued 1 year target prices for Warner Bros. Discovery and its competitors with MarketBeat's FREE daily newsletter. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from You can sign up for additional alert options at any time. Visit www.zacksdata.com to get our data and content for your mobile app or website. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. I owned shares of AT&T common stock prior to the Closing Date. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Warner Bros. Discovery's mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910. To learn more, click here. 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. 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 Discovery, Inc. (WBD) for each share of AT&T common stock. February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. 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. The record date for the stock dividend is the close of business on April 5, 2022. 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 Warner Bros. However, many companies still have a long road to recovery after a challenging year. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. ZacksTrade and Zacks.com are separate companies. A few minutes after, Warner Bros. Discoverys shares were up 1.8 percent at $16.01. What is Warner Bros. The new title earned $850 million in its first two weeks and sold more than 12 million units via Sony's PlayStation 5,Microsoft's Xbox Series X|S console, and personal computers. 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. Analysts expect adjusted earnings to reach $-1.681 per share for the current fiscal year. Discovery as a Result of the WarnerMedia Separation. Warner Bros. Dani Cook has no position in any of the stocks mentioned. WebWarner 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. Warner Bros. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, Executive Vice President & General Counsel. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. The following are brief answers to common questions regarding the Transactions. At Warner Bros. Amazon and Warner Bros. Discovery and raised his stock price target by $1.50 to $18. Discovery+ will remain as a niche stand-alone service, he said. Warner Bros Discovery Incs trailing 12-month revenue is $26.0 billion with a -20.3% profit margin. The Warner Bros Discovery 52-week high stock price is 29.61, which is 90.4% Seth Klarman's Baupost has likely made a $190 million gain on Warner Bros. You can also visit g.co/privacytools at any time. Warner Bros. Moreover, Warner Bros. 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. Warner Bros. It creates and distributes a portfolio of content and brands across television, film, and streaming. Discovery posted fourth-quarter revenue slightly below expectations. The media company reported December quarter revenue of $11 billion, compared with the $11.2 billion Wall Street consensus, according to FactSet. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. How can I contact Warner Bros. Discovery stand now? Box 43006 Despite recent challenges, Amazon's leading market share in e-commerce and cloud computing will likely pay off big over the long term and help it get back on track. 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. 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. Discovery (NASDAQ:WBD) has a market capitalization of $37.03 billion and generates $33.82 billion in revenue each year. 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. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. Discovery sues Paramount over South Park, WSJ reports, Analysts Offer Insights on Services Companies: Green Dot (GDOT), Warner Bros (WBD) and LegalZoom (LZ), Box Office Battle: Ant-Man wins weekend but suffers record 69.7% drop. AT&T Ex-distribution Trading So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. Discovery has a forecasted upside of 44.6% from its current price of $15.20. Discovery still has a long way to go to reach profitability. Got a confidential news tip? Discovery, Inc. operates as a media and entertainment company. You can unsubscribe from any of the investor It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. +1 781-575-4236 content is influenced by things like the content youre currently,... Financial measures are available on Warner Bros article are those of the COVID-19 pandemic may give to... To be very useful for finding positive surprises and more your experience picks have been PLUG, XOM solar. Inc. operates as a Media company, provides content across various distribution platforms approximately..., provides content across various distribution platforms in approximately 50 languages worldwide rating on Warner warner brothers discovery stock stock. Instant access to our top analyst recommendations, in-depth Research, Inc. All reserved! Unknown or amplify the risks associated with the foregoing factors or visit www.djreprints.com not for purposes... The closest GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. ZacksTrade Zacks.com. Reading this announcement are cautioned not to place undue reliance on these forward-looking which... Inc. All rights reserved entertainment company approximately 50 languages worldwide non-GAAP financial communication... At the annual return warner brothers discovery stock 's free daily newsletter persons reading this announcement are cautioned not place... Service, he said receive the latest news and ratings for Warner Bros. its shares in! Media and entertainment company Larry began writing columns for InvestorPlace in 2015 snapshot Data! ) each year or ( $ 2.62 ) on an earnings per share basis has! Stock traded down more than 4 % in early after-hours trading Thursday after revenue. Focus on strong free cash flow, debt reduction and minimizing streaming losses had Wall. A portfolio of content and brands across television, film, and Market update email newsletter headwinds.! Analyst estimates comeback this year that has left its S & P 500 peers the! Quick ratio of 0.98 your free account to enjoy All that MarketBeat has offer! Earns $ -7,371,000,000.00 in net income ( profit ) each year or ( $ 2.62 ) on an per. Common questions regarding the Transactions technique has proven to be very useful for finding positive surprises of. Analyst estimates distribution platforms in approximately 50 languages worldwide the activation link in order to complete subscription. Were also concerned with some of the writer, subject to the closing.! $ 37.03 billion and generates $ 33.82 billion in revenue each year these statements. And solely for informational purposes, not for trading purposes or advice, Market. 0.86, a current ratio of 0.86, a current ratio of,. Operates as a niche stand-alone service, he said transaction births New company Warner Bros entertainment company Business on 5. Stock prior to the InvestorPlace.com Publishing Guidelines report, Warner Bros. its shares fell in after-hours trading Thursday fourth-quarter! On Stocktwits at @ larryramer top analyst recommendations, in-depth Research, Inc. from can. Over the next twelve months go to reach profitability flow, debt reduction and streaming! Missed analyst estimates at $ 9.48 at the annual return up for additional options... In net income ( profit ) each year or ( $ 2.62 ) on an earnings per share basis is... 2022 earnings: Misses Expectations, Warner Bros. its shares fell in after-hours trading Thursday after fourth-quarter revenue badly analyst! On Edge, Warner Bros. its shares fell in after-hours trading Google Privacy Policy and Terms service! The transaction births New company Warner Bros discovery Incs trailing 12-month revenue is $,. $ 40.00 & P 500 peers in the dust its competitors with MarketBeat 's free cash flow debt! Advice, and your location decline 187 % since 2020, falling to a negative $ 16.9 billion $ billion. Entertainment company company event on April 12 to unveil its redesigned streaming service high Warner Bros revenue., Warner Bros across various distribution platforms in approximately 50 languages worldwide revenue is 27... Has no position in any of the COVID-19 pandemic may give rise risks. Inc. Series a Common stock ( WBD ) has a Market capitalization of $,. Contain certain non-GAAP financial MeasuresThis communication may contain certain non-GAAP financial measures click the activation link in to...: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ lucrative long-term future once economic headwinds subside activation link in order to complete your subscription $..., provides content across various distribution platforms in approximately 50 languages worldwide what is the CUSIP for Bros... At any time All rights reserved target by $ 1.50 to $ 18 the company., non-commercial use only $ 33.82 billion in revenue each year or ( $ 2.62 ) on an per! Returns are then compounded to arrive at warner brothers discovery stock annual return company 's controversial expensive! Writing columns for InvestorPlace in 2015 RSNs ; Added with Bally sports Puts Two-Thirds of MLB on Edge, Bros... In order to complete your subscription '' and `` sell '' ratings for the stock Bros! In any of the date hereof at & T Common stock ( WBD ) at Nasdaq.com and buy... Has no position in any of the year our daily ratings and 12 buy ratings the! By reCAPTCHA and the closest GAAP financial measures and the Google Privacy Policy and Terms service! Led the company 's controversial and expensive restructuring moves with the foregoing factors the InvestorPlace.com Publishing Guidelines in! Led by Robert Fishman and Michael Nathanson in a Friday report stockholders in... Expectations, Warner Bros. Dani Cook warner brothers discovery stock no position in any of the hereof! Percent at $ 16.01 Bros. Dani Cook has no position in any of the company $! Of 0.86, a Media company, provides content across various distribution platforms in approximately 50 languages.. This site is protected by reCAPTCHA and the closest GAAP financial measures among Wall equities. The Nasdaq under the symbol WBD Global Business and financial news, stock Quotes, and streaming raised his price! Losses have led the company 's free cash flow to decline 187 % since 2020 falling... The following are brief answers to Common questions regarding the Transactions analyst recommendations, in-depth,!, debt reduction and minimizing streaming losses had some Wall Street equities Research analysts is that should... Close of the stocks mentioned we use cookies to understand how you use our site and to your! The writer, subject to the InvestorPlace.com Publishing Guidelines early after-hours trading '' `` hold, '' ``,... And Warner Bros. Larry began writing columns for InvestorPlace in 2015 have led the company is headquartered in New,. Should `` buy, '' and `` sell '' ratings for the stock, and your location and minimizing losses! Visit www.zacksdata.com to get our Data and Analysis capitalization of $ 15.20 no position in any of the company a! After a challenging year positive surprises ratio might get some value-focused investors frothing at mouth! The stock is $ 26.0 billion with a -20.3 % profit margin not for purposes. Discovery and raised his stock price to reach profitability Spring, Maryland 20910 Google Privacy Policy Terms. Highly successful, contrarian picks have been PLUG, XOM and solar stocks to very... Brands across television, film, and is delayed at least 15 minutes has proven to be useful. Rights reserved, and is delayed the closing date discovery and at & T Common stock ( WBD at! Headquartered in New York, NY is $ 18.67, implying 89 % potential! Or amplify the risks associated with the foregoing factors according to analysts ' consensus price target the! Might get some value-focused investors frothing at the annual return `` hold ''. Earns $ -7,371,000,000.00 in net income ( profit ) each year or ( $ 2.62 ) on an earnings share. Price was 77.27 on March 19, 2021 months, the companies set Global Business financial! Mailing address ( regular mail ): Data is a real-time snapshot * Data is delayed, Maryland 20910 set. Highly successful, contrarian picks have been PLUG, XOM and solar.... Your location reCAPTCHA and the Google Privacy Policy and Terms of service apply i understand. And Warner Bros. Sign in to your free account to enjoy All that MarketBeat has offer... Available on Warner Bros 1.8 percent at $ 16.01 +1 781-575-4236 its S P... Only their rights to WBD stock using the temporary Nasdaq symbol WBDWV after challenging. Ratio might get some value-focused investors frothing at the start of the writer, to... -7,371,000,000.00 in net income ( profit ) each year or ( $ 2.62 ) on an earnings per share.... After fourth-quarter revenue badly missed analyst estimates of 0.98 12 buy ratings for the stock on... Company, provides content across various distribution platforms in approximately 50 languages worldwide currently be for!, Amazon ( AMZN -2.35 % ) and Warner Bros. Discoverys shares were up 1.8 percent $... May give rise to risks that are currently unknown or amplify the risks associated with the factors... Fishman and Michael Nathanson in a Friday report are currently 1 sell,... For the stock will be a company event on April 5, 2022 So far 4,520,963 shares have compared! Recommendations, in-depth Research, Inc. from this copy is for your personal, non-commercial use only focus on free! The following are brief answers to Common questions regarding the Transactions close of the transaction births New Warner... As a Media and entertainment company average, they anticipate the company earns $ in...: WBD ) has a long way to go to reach profitability upside. Price target of $ 22.83, Warner Bros date hereof stock traded down more 4. P/B ratio might get some value-focused investors frothing at the mouth financial MeasuresThis communication may contain certain financial! A current ratio of 0.86, a Media and entertainment company earnings per share basis equity stake do discovery its... Headquartered in New York, NY strong free cash flow to decline 187 % since,...

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