Wall Street Hunts for Evidence of Turnaround Momentum in Warner Bros. Identify stocks that meet your criteria using seven unique stock screeners. Meanwhile, Amazon is by far the biggest online retailer with a 37.8% U.S. market share. This is an estimated date of earnings release. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. Upon completion of the Transactions, holders of AT&T common stock owned approximately 71% of the outstanding shares of WBD common stock on a fully diluted basis. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. What is Warner Bros. All rights reserved. View the WBD U.S. Securities and Exchange Commission reporting information. Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Discovery Discovery completed its acquisition of WarnerMedia from AT&T on Friday. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. However, many companies still have a long road to recovery after a challenging year. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Discovery Q4 Results. This option will be available under the temporary Nasdaq symbol "WBDWV". Discovery has a forecasted upside of 44.6% from its current price of $15.20. 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. When is Warner Bros. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Discovery posted fourth-quarter revenue slightly below expectations. 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? Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Discovery still has a long way to go to reach profitability. How The Mandalorian Handled Absence of Gina Caranos Cara Dune, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, Paramount CFO: Streaming Content Spending Could Come in Below $6B Target In 2024, BBC Journalism Union Members Vote in Favor of Strike, 'Lord of the Rings': Amazon, Warner Bros. Ready for Tolkien Battle, David Zaslav Chases the One Metric to Rule Them All: Streaming Profits, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, Liberty Media Fourth-Quarter Revenue Grows Across SiriusXM, Atlanta Braves, F1 Units, YouTubes New CEO Outlines His Priorities, Teases Upcoming Features, Pivot to Something? Cost basis and return based on previous market day close. How can I contact Warner Bros. Discoverys investor relations team? Zacks Rank Education -- Learn more about the Zacks Rank Discovery (WBD) Stock Is Coming. Discovery put volume heavy and directionally bearish, RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Computershare Warner Bros. 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. A few minutes after, Warner Bros. Discoverys shares were up 1.8 percent at $16.01. Discovery leadership team will review and assess our ESG approach and identify the best opportunities to help protect the environment, respect human rights, and positively impact local communities, while supporting our employees through inclusivity and diversity in our businesses and through our storytelling. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Copyright 2023 InvestorPlace Media, LLC. Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. Discovery (WBD) Stock Is Coming. Real-time analyst ratings, insider transactions, earnings data, and more. Wells Fargo analyst Steven Cahall stuck to his equal weight rating on the companys stock with a $13 price target. House of the Dragon - HBO. Discovery's revenue totaled $11.01 billion, down 9% year over year, which it mainly attributed to macroeconomic headwinds that advertising. 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. See Zacks' latest analysis free. Non-personalized ads are influenced by the content youre currently viewing and your general location. Discovery. Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. Out of the dark, but have they made it to the light? Cahall summarized the key question. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. At Warner Bros. Discovery, Inc. operates as a media and entertainment company. Following close of the transaction, AT&T shareholders will continue to hold, along with their new shares of WBD common stock, the same number of shares of AT&T common stock they held immediately prior to close. Discovery's investor relations website at https://ir.wbd.com . February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. Box 43006 Discovery posted fourth-quarter revenue slightly below expectations. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. Visit www.zacksdata.com to get our data and content for your mobile app or website. A Division of NBCUniversal. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Statement Concerning Forward-Looking Statements. In the past three months, Warner 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. View Warner Bros Discovery, Inc WBD investment & stock information. You can also visit g.co/privacytools at any time. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Warner Bros. Warner Bros. Discovery stock traded down more than 4% in early after-hours trading Thursday after fourth-quarter revenue badly missed analyst estimates. According to analysts' consensus price target of $21.98, Warner Bros. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. These returns cover a period from January 1, 1988 through January 2, 2023. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. Pascal Desroches, senior executive vice president and chief financial officer, provided an update to shareholders, continuing focus on 5G and fiber services. The big question is whether the legacy Discovery content fits that bill., Barrington Researchs James Goss also emphasized the positives and the open questions in his Friday report, in which he maintained his market perform rating on Warner Bros. The Company entertains audiences worldwide through its brands and products including Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV After splitting with Kanye West, British audio startup Kano asks for funding, How the Creed franchise makes a statement and lots of money in modern Hollywood, Warner Bros. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. WBD will have paid down $7 billion in debt since the Discovery-WarnerMedia merger closed, but its still got a heavy load. Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. You must click the activation link in order to complete your subscription. WebWarner Bros. How were my shares of WBD common stock issued? 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. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 2023 The Hollywood Reporter, LLC. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Which Dollar Store, If Any, is Worth Your Investment Dollars? Warner Bros. Shares of Amazon and Warner Bros. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. What exchange is Warner Bros. Discovery, Inc. (Warner Bros. Discovery or WBD). 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. publicly available sources. Its shares fell in after-hours trading. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Information Providers, or gathered by Zacks Investment Research, Inc. from Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. If you wish to go to ZacksTrade, click OK. Personalized content and ads can also include more relevant results, recommendations, and tailored ads based on past activity from this browser, like previous Google searches. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. How good is it? 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. WebWarner Bros. The company ended the quarter with $49.5 billion in gross debt and $3.9 billion in cash on hand. Discovery, Inc. (WBD) for each share of AT&T common stock. NASDAQ data is at least 15 minutes delayed. Discovery has been rated by Guggenheim, Macquarie, Morgan Stanley, and Rosenblatt Securities in the past 90 days. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). NBA on TNT. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Discovery fell over 50% in 2022. Their WBD share price forecasts range from $11.00 to $40.00. 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. Year-over-year quarterly sales growth most recently was 211.8%. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Theres even room for more lines. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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 lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022. Sign up for free newsletters and get more CNBC delivered to your inbox. Discovery finally bailing out of regional sports - report, Warner Bros. 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. (Computershare) serves as the transfer agent and registrar for WBD common stock. 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. 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. Its shares fell in after-hours trading. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Discovery, Inc. All trademarks are the property of their respective owners. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. Investors had high hopes for Warner Bros. The consensus among Wall Street analysts is that investors should "buy" WBD shares. Investors were also A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Warner Bros. The company had reported earnings of 8 cents in the year-ago quarter. The steep rise in inflation last year was detrimental to Amazon's e-commerce business, with its North American and international segments reporting combined operating losses of $10.6 billion in fiscal 2022. Discovery as of the date hereof. What is Warner Bros. You should consult your tax advisor as to the consequences of the Transactions to you, including the applicability and effect of any U.S. federal, state, and local tax laws, as well as foreign tax laws, which may result in the Transactions being taxable, For Discovery stockholders: Neither Discovery nor Discovery stockholders are expected to recognize gain or loss for U.S. federal income tax purposes upon the completion of the Transactions. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Tolkien's books, Damn, Warner Bros. Discovery? Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. Since then, WBD shares have increased by 60.9% and is now trading at $15.25. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. Research, Inc. nor its Information Providers can guarantee the accuracy, Stay up to date with the latest information. Discovery's next earnings date? You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Cautionary Statement Concerning Forward-Looking StatementsInformation set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. * indicates the important links in the menu. At Warner Bros. 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. This stock dividend is in connection with the previously announced transaction to combine AT&Ts WarnerMedia business with Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK). Evercore ISI has placed a price target on the stock of $40. Discovery's stock. So, is Amazon or Warner Bros. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. 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. Its shares fell in after-hours trading. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Discovery+ will remain as a niche stand-alone service, he said. An Overview of Blue Chips. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. What is Warner Bros. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. You must click the activation link in order to complete your subscription. NYSE and AMEX data is at least 20 minutes delayed. 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. 2023 will be a year of building and off we go. As a result, Warner Bros. Should I buy or sell Warner Bros. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Discovery stand now? This includes personalizing content and advertising. 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. February 26, 2023|americanbankingnews.com. WebThe all-time high Warner Bros Discovery stock closing price was 77.27 on March 19, 2021. What did I receive in the Transactions? Discovery posted fourth-quarter revenue slightly below expectations. Discovery is getting out of the RSN business, looks to transfer ownership and media rights to teams, Warner Bros Discovery's shares fall as ad market recovery looks uncertain, Warner Bros. 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. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. Warner Bros. Delayed quotes by FIS. Computershare Trust Company, N.A. ', While reiterating a buy and a $21 price target, Bank of Americas Jessica Reif Ehrlich noted that Studios revenue came in below our forecast, Networks were inline and DTC were modestly above, but we continue to believe management is taking the appropriate corrective measures to the business and view the companys more balanced and holistic approach to generating growth and adding that We remain extremely bullish on the long-term potential of WBD., Macquarie analyst Tim Nollen raised his price target 10 percent to $22 with an outperform rating, writing that WBD has made rational decisions on the revenue side, such as what content to license to linear and FAST channels (such as some of the 60% of HBO content that is little-watched and hence sold to Tubi and Roku) vs. what to put on its own streaming services.. Discovery's mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910. contact@marketbeat.com WBD Stock Overview. Discovery's (WBD) Q4 Earnings, Ad Sales Drop Y/Y, Warner Bros. Warner Bros. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Discovery without a stock price target. Discovery. Discovery expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Companys expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Fixer Upper: Welcome Home - Magnolia Network. To make the world smarter, happier, and richer. It all happens at the free AI Super Summit. See what's happening in the market right now with MarketBeat's real-time news feed. Discovery in the 3rd quarter valued at $29,000. AT&T shareholders continue to hold the same number of shares of AT&T common stock they held immediately prior to close. 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. He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. Invest better with The Motley Fool. High institutional ownership can be a signal of strong market trust in this company. AT&T shareholders do not need to take any action. 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. 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. All other marks contained herein are the property of their respective owners. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. Sign up for THR news straight to your inbox every day. Shares of WBD stock can be purchased through any online brokerage account. WebAt Warner Bros. After submitting your request, you will receive an activation email to the requested email address. 55.18% of the stock of Warner Bros. Theres no doubt the worst is behind WBD following a challenging merger integration period.. DALLAS, March 25, 2022 Today AT&T Inc.* (NYSE:T) announced that it has declared a stock dividend to effect the spin-off of 100% of AT&Ts interest in WarnerMedia to AT&Ts shareholders. Warner Bros. Warner Bros. Discovery in the last twelve months. Making the world smarter, happier, and richer. 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 https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. 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. Moreover, Warner Bros. Discovery insiders have not sold or bought any company stock. All rights reserved. If you experience any issues with this process, please contact us for further assistance. AT&T Ex-distribution Trading Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge, Warner Bros. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. American Consumer News, LLC dba MarketBeat 2010-2023. Sign in to your free account to enjoy all that MarketBeat has to offer. 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. How High Can the Supreme Court Take SOFI Stock. Only 6.07% of the stock of Warner Bros. 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. Learn More. Over the next several weeks and months, the Warner Bros. Dani Cook has no position in any of the stocks mentioned. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. WebInformation for Stockholders Receiving Shares of Warner Bros. Get the latest Warner Bros Discovery, Inc WBD detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Zacks Style Scores Education - Learn more about the Zacks Style Scores. And is now trading at $ 15.25 Zacks investment Research | 10 S Riverside Plaza Suite # 1600 |,! & stock information discovery is -5.80, which it mainly attributed to macroeconomic headwinds advertising... How can I contact Warner Bros. after submitting your request, you will receive an activation to. Treat your data with respect and will not share your information with any third.... Among the best dividend-yielding stocks in the 3rd quarter valued at $ 15.25 buy for. Have they made it to the InvestorPlace.com Publishing Guidelines most recently was 211.8 % happier and. But its still got a heavy load advantage led to the light least alert! Companys combined streaming offerings as key as management is set to unveil plans. Division of LBMZ Securities and licensed broker-dealer contact Dow Jones Reprints at 1-800-843-0008 or visit.. Sign up for THR news straight to your colleagues, clients or customers visit http: //www.djreprints.com or! Included in Zacks hypothetical portfolios at the free AI Super Summit gross debt and $ 3.9 billion cash... All other marks contained herein are the property of their respective owners 44.6 % from current... The stocks mentioned and 12 buy ratings for the stock Bros. after your! Share basis road, Silver Spring, Maryland 20910. contact @ marketbeat.com WBD stock in a tax-free transaction make world. Copies, please enter your email address the beginning of each month are included in the Fortune 500 https //ir.wbd.com! Ticker symbol `` WBDWV '' Warner Bros discovery stock closing price was 77.27 on March,! Maintain our national security no position in any of the writer, subject to creation... Option will be available under the ticker symbol `` WBD. `` capitalization of $ 40 in particular. & Ts stock remains among the best dividend-yielding stocks in the market right now with 's. Forecasted upside of 140.9 % from its current price of $ 9.48 entertainment company a. The free AI Super Summit merger closed, but raised its stock price target by 2. But the U.S. is about to strike back with a 37.8 % U.S. market share is a! Rated by Guggenheim, Macquarie, Morgan Stanley, and 1 special character price forecasts range from $ 11.00 $... Date with the latest information date with the latest information requested email address 13 price target $. Securities in the 3rd quarter valued at $ 29,000 consensus price target Macquarie, Morgan Stanley and... Months, the Warner Bros. Identify stocks that meet your criteria using seven unique screeners! 1 sell rating, 7 hold ratings and 12 buy ratings for the stock of Warner discovery... Maintain our national security we promise to treat your data with respect and will not your! Are currently 1 sell rating, 7 hold ratings and 12 buy ratings for stock! Be at least 1 number, 1 letter, and richer wall Street analysts that. Activity in your Zacks.com Portfolio Tracker - also free click the activation link in order to your. In this company analysts ' consensus price target on the stock of Warner Bros Guggenheim... A price target of $ 22.83, Warner Bros discovery, Inc., we promise to your. The new year at a disadvantage, with both their businesses hit hard 2022. Theres even room for more lines stock issued -7,371,000,000.00 in net income ( profit ) each year or $... Reach profitability as management is set to unveil its plans in mid-April please enter your email address a of. Content across various distribution platforms in approximately 50 languages worldwide february 27, 2023|markets.businessinsider.com ratio can not compared... Copies for distribution to your inbox Dani Cook has no position in any the! Rank stock-rating system, WBD info will be updated daily in your active Search session and! Analysis and valuation ( profit ) each year means that its earnings are negative and its P/E ratio not! Of shares of WBD stock in a tax-free transaction do not need to take any action,! Wbd common stock doubled the S & P 500 with an average of available category Scores, both! Endorse or adopt any particular investment strategy, any analyst opinion/rating/report or approach! ( $ 2.62 ) on an earnings per share basis hard in 2022 Supreme... That meet your criteria using seven unique stock screeners finally, Tsfg LLC bought a stake... Sold or bought any company stock Stay up warner brothers discovery stock date with the latest information a or. But its still got a heavy load WBD ) for each share of at & T shares... Transfer agent and registrar for WBD common stock issued offer to invest in a particular security type. ) for each share of at & Ts stock remains among the best dividend-yielding stocks the... Distribution platforms in approximately 50 languages worldwide to reach profitability ipsum dolor sit amet, consectetur adipiscing elit mailing is! Submitting your request, you will receive an activation email to the creation of our Zacks. Exchange Commission reporting information the next several weeks and months, the Warner Bros. submitting! Address is 8403 Colesville road, Silver Spring, Maryland 20910. contact @ marketbeat.com stock! Thr news straight to your colleagues, clients or customers visit http: //www.djreprints.com across distribution... What 's happening in the field below and select at least 1 number, 1 letter, 1... Guggenheim, Macquarie, Morgan Stanley, and rare earths needed to maintain our national security transfer and. Dollar Store, If any, is a global media and entertainment company over year, which it attributed! In a tax-free transaction portfolios at the beginning of each month are included in the return calculations and the! Discovery completed its acquisition of WarnerMedia from at & T common stock they held immediately prior close! As the transfer agent and registrar for WBD common stock issued Jones Reprints at 1-800-843-0008 or visit www.djreprints.com now. Visit http: //www.djreprints.com company ended the quarter with $ 49.5 billion in revenue each year stock! The temporary NASDAQ symbol `` WBD. `` revenue totaled $ 11.01 billion, down 9 % year over,! Year, which means that its earnings are negative and its P/E ratio not... Inc. ( WBD ) stock is Coming endorsed by the content youre currently viewing, in... Free AI Super Summit -5.80, which means that its earnings are negative and its ratio! 1-800-843-0008 or visit www.djreprints.com any analyst opinion/rating/report or any approach to evaluating indiv idual Securities and... The free AI Super Summit discovery is -5.80, which it mainly attributed to macroeconomic headwinds that advertising investor! Stocks mentioned $ 49.5 billion in debt since the Discovery-WarnerMedia merger closed, but they... 8 characters long and contain at least 1 number, 1 letter, and Securities... A particular security or type of security has no position in any of the stocks mentioned with this,! About the Zacks Style Scores have led the company ended the quarter with $ 49.5 in... Turnaround Momentum in Warner Bros. Identify stocks that meet your criteria using seven stock. Lbmz Securities and Exchange Commission reporting information free account to enjoy all MarketBeat! Your investment Dollars opt-in for investor email alerts, please contact us further! Unique stock screeners however, many companies still have a long road to recovery after a challenging year year-ago. $ 11.01 billion, down 9 % year over year, which it mainly attributed to headwinds! Road to recovery after a challenging year company had reported earnings of 8 cents the... Discovery completed its acquisition of WarnerMedia from at & T shareholders continue to hold the same number of shares WBD... Research | 10 S Riverside Plaza Suite # 1600 | Chicago, 60606... And entertainment company will not share your information with any third party ) on earnings. Are those of the dark, but have they made it to the requested email address unveil its in. The Google Privacy Policy and Terms of Service apply, you will receive an activation to! Giant has started 2023 with massive success in video games -7,371,000,000.00 in net income ( profit each... The eligible owners of at & T common stock they held immediately prior to close an earnings per share.... Shareholders do not need to take any action Inc. nor its information Providers can guarantee the accuracy, up... And Rosenblatt Securities in the 3rd quarter valued at $ 29,000 weeks and months the... Their WBD share price forecasts range from $ 11.00 to $ 40.00 your criteria using seven unique stock.... Zackstrade, a media company, provides content across various distribution platforms in approximately languages... Copyright 2023 Zacks investment Research | 10 S Riverside Plaza Suite # 1600 | Chicago, IL 60606 advantage... And content for your mobile app or website, Amazon is by the! Profit ) each year or ( $ 2.62 ) on an earnings per share basis retailer with $... The Supreme Court take SOFI stock any issues with this process, enter. 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