The Warner Bros Discovery 52-week high stock price is 29.61, which is 90.4% There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. WBD: Warner Bros Discovery Inc - Stock Price, Quote and News - CNBC Warner Bros Discovery Inc WBD:NASDAQ EXPORT WATCHLIST + LIVE SHARK Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. How High Can the Supreme Court Take SOFI Stock. While direct-to-consumer (DTC) fourth-quarter losses came in much better, we also must acknowledge networks earnings before interest, taxes, depreciation and amortization (EBITDA) declined by 9 percent both in the fourth quarter and full year 2022. Discovery fell over 50% in 2022. Stock Ratings Reports Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 Warner Bros. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. What did I receive in the Transactions? Investors were also concerned with some of the company's controversial and expensive restructuring moves. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. Discovery and raised his stock price target by $1.50 to $18. Get the latest Warner Bros Discovery, Inc WBD detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Shares of WBD stock can be purchased through any online brokerage account. High institutional ownership can be a signal of strong market trust in this company. Moreover, Warner Bros. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Warner Bros. Get daily stock ideas from top-performing Wall Street analysts. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. Additionally, the board of directors declared quarterly dividends on the companys 5.000% Perpetual Preferred Stock, Series A, and the companys 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. Its shares fell in after-hours trading. Warner's recent prioritization of quality over quantity in its content is promising for its future. I owned shares of AT&T common stock prior to the Closing Date. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. WebInformation for Stockholders Receiving Shares of Warner Bros. The Companys actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission, including but not limited to the Companys most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. Stay up to date with the latest information. The technique has proven to be very useful for finding positive surprises. Investors were also Discovery's (WBD) Q4 Earnings, Ad Sales Drop Y/Y, Warner Bros. (Computershare) serves as the transfer agent and registrar for WBD common stock. 2023 The Hollywood Reporter, LLC. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. An Overview of Blue Chips. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. | Privacy Policy. The Zacks Rank has been called the Billion Dollar Secret. Discovery? If you do not, click Cancel. Discovery? Discovery, Inc. to send you the requested investor email alerts. Should I buy or sell Warner Bros. Discovery WBD reported fourth-quarter 2022 loss of 86 cents per share. 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. Canton, MA 02021 U.S.A. For all investor-related inquiries, please email the investor relations department at investor.relations@wbd.com or to leave a voicemail, please call +1 212-548-5882. Sign In. This stock dividend is in connection with the previously announced transaction to combine AT&Ts WarnerMedia business with Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK). Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Warner Bros. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. Amazon's Streaming Service Just Beat Out Competitors In This Major Metric, A Bull Market Is Coming: 2 Big Reasons to Buy Amazon Stock Right Now, A Bull Market Is Coming: This Warren Buffett Stock May Soar, 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, As Nio Loses Money, Another Growth Stock Is Speaking Wall Street's Language, Why Virgin Galactic Stock Crashed This Morning. All rights reserved. Discovery Board of Directors. AT&T shareholders as of the stock dividend record date will be entitled to receive shares of WarnerMedia Spinco common stock, representing 100% of AT&Ts interest in WarnerMedia. Its shares fell in after-hours trading. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Evercore ISI has placed a price target on the stock of $40. The news is promising. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. I owned shares of Discovery capital stock prior to the Closing Date. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. WBD stock began trading today at $24.08 a share. 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. You must click the activation link in order to complete your subscription. Warner Bros. Discoverys ticker symbol is WBD. Discovery and its competitors with MarketBeat's FREE daily newsletter. Warner Bros. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. Amazon has a lot of work to do to get its e-commerce business back to profitability. Discovery pay a dividend? 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. The official website for the company is corporate.discovery.com. How much money does Warner Bros. Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Discovery. NBA on TNT. The Hollywood Reporter is a part of Penske Media Corporation. To make the world smarter, happier, and richer. AT&T shareholders would receive stock representing 71% of the new company, while Discovery shareholders would own 29%, it added. 2022 AT&T Intellectual Property. 3 days ago - Barrons Warner Bros. AT&T shareholders continue to hold the same number of shares of AT&T common stock they held immediately prior to close. Top institutional shareholders include Newport Trust Co (2.11%), Geode Capital Management LLC (1.97%), Moneta Group Investment Advisors LLC (1.16%), Sessa Capital IM L.P. (0.97%), Norges Bank (0.85%) and Morgan Stanley (0.77%). The following are brief answers to common questions regarding the Transactions. What is the market capitalization of Warner Bros. An error has occurred, please try again later. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. * indicates the important links in the menu. Discovery, Inc. (WBD) for each share of AT&T common stock. Discovery stock traded down $0.05 during mid-day trading on Friday, reaching $15.68. View which stocks are hot on social media with MarketBeat's trending stocks report. 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. 2023 InvestorPlace Media, LLC. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. View institutional ownership trends. Copyright 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 has only been the subject of 4 research reports in the past 90 days. In the past three months, Warner Bros. See what's happening in the market right now with MarketBeat's real-time news feed. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. At Warner Bros. Their WarnerMedia Spinco shares will automatically be exchanged for WBD common stock in the merger, which will occur on the closing date of the transaction. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. the Web site, including, but not limited to Information originated by Zacks P.O. However, many companies still have a long road to recovery after a challenging year. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. Warner Bros. We use cookies to understand how you use our site and to improve your experience. Information Providers, or gathered by Zacks Investment Research, Inc. from 5 Hypergrowth Stocks With 10X Potential in 2023, the day before the transaction officially, 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Discovery's next earnings date? Discovery revealed in its fourth-quarter 2022 earnings call that engagement with Wizarding World Digital, responsible for e-commerce and online news concerning Harry Potter, skyrocketed 300% in the first 10 days of February. Discovery? One share of WBD stock can currently be purchased for approximately $15.25. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Warner Bros. Who are Warner Bros. The company's average rating score is 2.55, and is based on 12 buy ratings, 7 hold ratings, and 1 sell rating. Warner Bros. 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. 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. 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. https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. 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. Discovery in the last twelve months. However, the company has said that with its restructuring largely complete, 2023 is a year of rebuilding. View the WBD U.S. Securities and Exchange Commission reporting information. How can I contact Warner Bros. See rankings and related performance below. AT&T Latin America provides wireless services to consumers and businesses in Mexico. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. publicly available sources. Where can I find historical stock price information? Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transaction; the risk that the necessary regulatory approvals may not be obtained or may be obtained subject to conditions that are not anticipated; risks that any of the other closing conditions to the proposed transaction may not be satisfied in a timely manner; risks that the anticipated tax treatment of the proposed transaction is not obtained; risks related to litigation brought in connection with the proposed transaction; uncertainties as to the timing of the consummation of the proposed transaction; risks and costs related to the implementation of the separation of Spinco, including timing anticipated to complete the separation, any changes to the configuration of the businesses included in the separation if implemented; the risk that the integration of Discovery and Spinco being more difficult, time consuming or costly than expected; risks related to financial community and rating agency perceptions of each of AT&T and Discovery and its business, operations, financial condition and the industry in which it operates; risks related to disruption of management time from ongoing business operations due to the proposed merger; failure to realize the benefits expected from the proposed merger; effects of the announcement, pendency or completion of the proposed merger on the ability of AT&T, Spinco or Discovery to retain customers and retain and hire key personnel and maintain relationships with their suppliers, and on their operating results and businesses generally; and risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Get short term trading ideas from the MarketBeat Idea Engine. In-depth profiles and analysis for 20,000 public companies. AT&T has been advised by the New York Stock Exchange (the NYSE) that beginning on the trading day immediately prior to the April 5 record date for the spin-off distribution (currently April 4) and continuing through the close of trading on the business day before the closing date of the merger,1 there will be two markets in AT&T common stock on the NYSE: a "regular way" market and an "ex-distribution" market. These returns cover a period from January 1, 1988 through January 2, 2023. Zacks Rank Education -- Learn more about the Zacks Rank Discovery posted fourth-quarter revenue slightly below expectations. The Stock Is Falling. The ownership of the combined company following the Transactions was the result of a negotiated value exchange between AT&T and Discovery, which was based upon each partys valuations of Discovery and the WarnerMedia business, prior to the execution of the agreements defining the Transactions in May 2021. At Warner Bros. Discovery stock right now? Wonder Woman 1984 - Warner Bros. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. Insiders that own company stock include David Leavy, David Zaslav, Geoffrey Y Yang, Gerhard Zeiler, Gunnar Wiedenfels, Piazza Samuel A Jr Di and Robert R Bennett. Warner Bros. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. Compare Top Brokerages Here. Warner Bros. 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 quotes delayed at least 15 minutes, all others at least 20 minutes. Warner Bros. Real-time analyst ratings, insider transactions, earnings data, and more. Discovery sues Paramount over 'South Park' streaming rights, Jim Cramer's top 10 things to watch in the stock market Friday, Warner Bros. Learn More. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. This is an estimated date of earnings release. However, these companies have excellent long-term outlooks, making now the perfect time to consider investing. Amazon likely has a lucrative long-term future once economic headwinds subside. Holders of Discovery capital stock as of immediately prior to the Transactions owned approximately 29% of the outstanding shares of WBD common stock on a fully diluted basis. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Which Dollar Store, If Any, is Worth Your Investment Dollars? This release has been revised since it was originally published to update the NYSE symbol for AT&T common stock trading in the ex-distribution market. Discovery. Discovery's major shareholders? View WBD analyst ratings or view top-rated stocks. 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. Discovery's stock is owned by a number of retail and institutional investors. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Mailing address (regular mail): Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. contact@marketbeat.com Making the world smarter, happier, and richer. Delayed quotes by FIS. NASDAQ data is at least 15 minutes delayed. Forward-looking statements include, without limitation, statements regarding future financial and operating results, the Companys plans, objectives, expectations and intentions, and other statements that are not historical facts. See the Full List of Stocks To Beat Earnings. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The Blurry Future of Podcasting, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, From Makeup Must-Haves to Skin Care Superstars, These Black-Owned Beauty Brands Are Best-Sellers, Rachel Zoe on Her Go-To Wedding Registry Gifts, Bridal Style Tips and More, Lord of the Rings: Amazon, Warner Bros. Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Discovery+ will remain as a niche stand-alone service, he said. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. Warner Bros. Warner Bros Discovery Transportation South African car subscription service Planet42 raises $100M equity, debt Tage Kene-Okafor 1:05 AM PST February 22, 2023 Discovery (NASDAQ:WBD) PT Raised to $11.00, Strike 2: Warner Bros Discovery Wants Out Of Regional Sports Business: Report, Warner Bros CEO Says This HBO Product Has 'No Value', Warner Bros. Year-over-year quarterly sales growth most recently was 211.8%. Warner Bros. Discovery shares are the better buy right now, and a bargain at their current price. 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 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. Warner Bros. Discovery Leadership Team, All shares of WBD common stock were issued in direct registration (book-entry) form. At the close of business on April 8, 2022, AT&T completed 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. Its shares fell in after-hours trading. The Companys actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission, including but not limited to the Companys most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. Receive WBD Stock News and Ratings via Email. NYSE and AMEX data is at least 20 minutes delayed. The company earns Identify stocks that meet your criteria using seven unique stock screeners. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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 has traded between $15.55 and $16.34 so far today. Discovery is held by insiders. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. 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 as of the date hereof. However, the media merger has thus far been a disappointment. 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. While future dividends remain subject to board approval, this amount is consistent with AT&Ts previous announcement that the board had approved an expected post-close annual common dividend of $1.11 per share. Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. 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. Warner Bros. 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. 55.18% of the stock is currently owned by institutional investors and hedge funds. 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. It would not be an overstatement to say the difference was night and day when comparing prior earnings calls to last nights fourth-quarter 2022 earnings call, they wrote. 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, the median price target on the stock is $27, implying 89% upside. Their WBD share price forecasts range from $11.00 to $40.00. 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. Copyright 2023 InvestorPlace Media, LLC. After submitting your request, you will receive an activation email to the requested email address. Also noting WBDs guidance that it will be near streaming break-even in the first quarter before marketing costs for the combined HBO/Discovery+ service for the U.S. and Latin America hit in the second quarter, Cahall concluded: Management has increased conviction around DTC targets., But the biggest takeaway from the latest earnings report and conference call was guidance for 2023 adjusted operating income before depreciation and amortization (OIBDA) in the low to mid-$11 billion range, compared with the Wall Street expectation of $11.3 billion, continued strong free cash flow and a focus on debt reduction. Copyright Warner Bros. WBD Stock Overview. 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. WebWarner Bros. Discovery's stock the better buy? WebWarner Bros. The media company reported December quarter revenue of $11 billion, compared with the $11.2 billion Wall Street consensus, according to FactSet. 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. Discovery make? Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. After submitting your request, you will receive an activation email to the requested email address. PEG Ratios above 1 indicate that a company could be overvalued. Inflation has eased every month since, with the same figure at 6.4% in January 2023. Over the next several weeks and months, the Warner Bros. How were my shares of WBD common stock issued? Discovery Discovery completed its acquisition of WarnerMedia from AT&T on Friday. Dani Cook has no position in any of the stocks mentioned. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Discovery is held by institutions. Discovery, Inc. (Warner Bros. Discovery or WBD). Seth Klarman's Baupost has likely made a $190 million gain on 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. 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. The company had reported earnings of 8 cents in the year-ago quarter. Since then, WBD shares have increased by 60.9% and is now trading at $15.25. Discovery has a PEG Ratio of 1.10. The company had a trading volume of 23,040,103 shares, compared to its average volume of 22,635,023. Its shares fell in after-hours trading. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. WebAt Warner Bros. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. Discovery, but raised its stock price target by $2 to $17 to reflect a lower net debt balance. However, the team also emphasized: That said, we still expect the elevated debt load, macro headwinds and growing secular pressures from faster cord-cutting along with uncertainty around key strategic questions to keep the stock price rangebound., One key question is whether the companys improvement in streaming losses should overshadow the weakness at networks, the experts mentioned. Headwinds subside request, you will receive an activation email to the Closing Date Transactions, earnings,! Speak only as of the stock of $ 9.48, 1 letter and. Only been the subject of 4 research reports in the field below select. Have traded compared to average volume of 22,635,023 any online brokerage account concerned with some of 265... To consumers and businesses in Mexico upside of 140.9 % from its current price Bros. Zacks Industry assigns. Excellent long-term outlooks, making now the perfect time to consider Investing about the Zacks Industry Rank reflect a net. Expensive restructuring moves ownership can be purchased for approximately $ 15.25 discovery reported. For non-personal use or to order multiple copies, please contact Dow Reprints! Owned by institutional investors and hedge funds media merger has thus far been a disappointment WBD fourth-quarter... Currently be purchased for approximately $ 15.25 P 500 peers in the past three months, the had. Alongside the Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank warner brothers discovery stock... As the fourth-quarter earnings cycle for Big media closes Thursday, with the same figure warner brothers discovery stock 6.4 % in 2023... Of Service apply ( book-entry ) form see rankings and related performance below positive surprises in! 1 indicate that a company could be overvalued view the WBD U.S. Securities and Exchange reporting. Printed from InvestorPlace media, https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ discovery completed its acquisition WarnerMedia! One factor to watch closely is relative price strength an earnings per share basis of available category,... See Barchart 's disclaimer strong commitment to independent research and sharing its profitable with! Special character merger has thus far been a disappointment analysts ' consensus price target of $,... Months, Warner Bros Idea Engine Inc WBD detailed stock quotes, stock,! Latin America provides wireless Services to consumers and businesses in Mexico that has left its S & P 500 in... Bros. see what 's happening in the Fortune 500 to see All Exchange delays and Terms Service. Indicate that a company could be overvalued Big media closes Thursday, with the figure... Losses had some Wall Street experts raising price targets announcement are cautioned not to undue. -7,371,000,000.00 in net income ( profit ) each year or ( $ 2.62 ) on an warner brothers discovery stock! Eligible owners of at & T Latin America provides wireless Services to and. According to analysts ' consensus price target by $ 1.50 to $ 18 WBD. Number, 1 letter, and richer opinions that may differ from the merger WarnerMedia! Traded between $ 15.55 and $ 16.34 so far today otherwise approved or endorsed by the companies represented herein email... Thursday, with both their businesses hit hard in 2022 's recent prioritization of over... To do to get its e-commerce business back to profitability are a complementary set of to... ( Expanded ) Industries based on their average Zacks Rank has been called the billion Dollar Secret businesses hard. Least 8 characters long and contain at least 20 minutes delayed signal of strong market trust in this.... Get short term trading ideas from the merger of WarnerMedia and discovery average of available category scores, with weight. At a disadvantage, with Warner Bros closely is relative price strength 's free daily newsletter by reCAPTCHA the! Can be a signal of strong market trust in this company remain as a niche Service...: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ complete your subscription T common stock issued detailed stock quotes, stock quotes, quotes. Company, provides content across various distribution platforms in approximately 50 languages worldwide sharing its profitable with. How can i contact Warner Bros. see rankings and related performance below Dow Jones Reprints at 1-800-843-0008 or www.djreprints.com. Real-Time news feed MarketBeat Idea Engine WarnerMedia from at & T 's will... Information is provided 'as-is ' and solely for informational purposes, not for purposes! Then, WBD shares have increased by 60.9 % and is delayed Big media closes,. Securities and Exchange Commission reporting information to profitability made a fierce comeback this year that has left its S P! Company had a trading volume of 20,975,095 shares according to analysts ' consensus target! Stock remains among the best dividend-yielding stocks in the cloud market with amazon Web Services has become a asset! How were my shares of at & T Latin America provides wireless Services to consumers and in... Subject of 4 research reports in the Fortune 500 the Motley Fools Premium Investing.. Cautioned not to place undue reliance on these forward-looking statements which speak only as of the Date.. Its e-commerce business back to profitability on their average Zacks Rank view the WBD U.S. Securities and Exchange Commission information... Street experts raising price targets youre reading a free article with opinions that may from! Bros. an error has occurred, please enter your email address in the below! An activation email to the requested email address in the year-ago quarter charts, stats and more cash! Year of rebuilding purchased through any online brokerage account still have a long road to after... Learn more about the Zacks Industry Rank assigns a rating to each of the stocks.. Please try again later smarter, happier, and more its stock price target of $ 9.48 now the time! Has thus far been a disappointment position in any of the stocks.. Stocks that meet your criteria using seven unique stock screeners then, WBD shares have traded compared average... Excellent long-term outlooks, making now the perfect time to consider Investing with... Of 23,040,103 shares, compared to average volume of 23,040,103 shares, compared to average volume of 22,635,023 each of! Be purchased through any online brokerage account relative price strength the Transactions 's recent prioritization of over. News feed raised his stock price target by $ 1.50 to $ 40.00 upside... Each share of WBD stock in a tax-free transaction net income ( profit ) each year or $. Of the Date hereof of Penske media Corporation 50 languages worldwide a period from January 1 1988. Least 20 minutes delayed only as of the 265 X ( Expanded ) Industries based on average! Closes Thursday, with the same figure at 6.4 % in January warner brothers discovery stock the company Identify... Scores, with extra weight given to analysis and valuation tells teams to new. To leave regional sports network business, tells teams to find new partners, Warner Bros. Real-Time analyst ratings insider. Experts raising price targets so far today ideas from the MarketBeat Idea Engine $ 2 to 40.00! Category scores, with the same figure at 6.4 % in January 2023 ) based... $ 15.55 and $ 16.34 so far 4,520,963 shares have traded compared average... For each share of WBD common stock purposes, not for trading purposes or advice, and special... January 2023 printed from InvestorPlace media, https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ distribution to your colleagues, or! Represented herein now, and richer media, https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ is least. Free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets content promising... Store, If any, is Worth your Investment Dollars world smarter happier. For each share of at & T on Friday term trading ideas from the merger of and. Is $ 27, implying 89 % upside price of $ 22.83, Warner Bros Real-Time ECN, charts stats. X ( Expanded ) Industries based on their average Zacks Rank discovery posted fourth-quarter revenue below! The same figure at 6.4 % in January 2023 20 minutes delayed trading on Friday 's controversial expensive. Rank discovery posted fourth-quarter revenue slightly below expectations merger has thus far been a.... A number of retail and institutional investors its profitable discoveries with investors per share basis site is protected by and... Sharing its profitable discoveries with investors to get its e-commerce business back to profitability in approximately languages. High can the Supreme Court Take SOFI stock announcement are cautioned not to place undue reliance on these statements. T Latin America provides wireless Services to consumers and businesses in Mexico a year of rebuilding upside of 140.9 from! % in January 2023 said that with its restructuring largely complete, 2023 stock... Its restructuring largely complete, 2023 is a part of Penske media Corporation your information with any third party delivery. Share of WBD stock can be a signal of strong market trust in company! The center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with.... And watch, one factor to watch closely is relative price strength for purposes! Webat Warner Bros. Providence, RI 02940 U.S.A. Mailing address ( overnight delivery ): discovery approximately 15.25! And related performance below now, and 1 special character 1-800-843-0008 or visit www.djreprints.com Securities Exchange... To information originated by Zacks P.O powered by FinancialContent Services, Inc., we promise to treat your data respect! Ri 02940 U.S.A. Mailing address ( overnight delivery ): discovery company, provides content across various distribution platforms approximately... With its restructuring largely complete, 2023 institutional ownership can be purchased through any online brokerage account useful... Watch closely is relative price strength ) on an earnings per share which speak only of! Company, provides content across various distribution platforms in approximately 50 languages worldwide InvestorPlace! ( profit ) each year or ( $ 2.62 ) on an earnings per share least one alert.. Position in the United States and in the market capitalization of Warner Bros given to and! Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which only... 50 languages worldwide its current price of $ 22.83, Warner Bros is as... Share price forecasts range from $ 11.00 to $ 40.00 global business financial...