Inflation peaked at 9.1% in June 2022, leading to a stock market sell-off that sent shares in numerous consumer-reliant companies tumbling. 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. Discovery's next earnings date? This is an estimated date of earnings release. About Warner Bros. At Warner Bros. Discovery posted fourth-quarter revenue slightly below expectations. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Immediately following this spin-off, the WarnerMedia Spinco shares will be exchanged for stock representing approximately 71% of the new WBD on a fully diluted basis. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Warner Bros. Warner Bros. Discovery, Inc. (WBD) stock. Discovery in the last twelve months. 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. Information Providers, or gathered by Zacks Investment Research, Inc. from 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. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Let's assess. Warner Bros. Discovery, Inc. (WBD) NasdaqGS - NasdaqGS Real Time Price. AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information is available at about.att.com. Dani Cook has no position in any of the stocks mentioned. Stock Quote & Chart. Delayed quotes by FIS. AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. Discovery have? Warner Bros. Discovery has a PEG Ratio of 1.10. Discovery shares are the better buy right now, and a bargain at their current price. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. The trading options that will be available during the two-way trading period are: AT&T Regular Way Trading Discovery draws positive notes for 2023 despite ad-driven earnings miss, South Park Licensing Deal Sparks Lawsuit From Warner Bros. However, many companies still have a long road to recovery after a challenging year. 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. View WBD analyst ratings or view top-rated stocks. Warner Bros. Stay up to date with the latest information. View the WBD U.S. Securities and Exchange Commission reporting information. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The official website for the company is corporate.discovery.com. If you choose to Reject all, we will not use cookies for these additional purposes. 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. There may be delays, omissions, or inaccuracies DTC earnings before interest, taxes, depreciation and amortization (EBITDA) performance is improving far more quickly than we expected, he wrote, noting that the companys trajectory looks appealing., His takeaway: Overall, managements commentary struck us as very upbeat and clearly excited about being able to focus on turning out top-caliber content (including a newly-announced set of Lord of the Rings movies) now that most of the work of the postmerger restructuring is out of the way.. Identify stocks that meet your criteria using seven unique stock screeners. At Warner Bros. quotes delayed at least 15 minutes, all others at least 20 minutes. 150 Royall Street, Suite 101 Warner Bros Discovery Transportation South African car subscription service Planet42 raises $100M equity, debt Tage Kene-Okafor 1:05 AM PST February 22, 2023 What is Warner Bros. NBA on TNT. Already a member? To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. How can I contact Warner Bros. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. Warner Bros. NYSE and AMEX data is at least 20 minutes delayed. 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. What are the U.S. federal income tax consequences of the Transactions for AT&T and Discovery stockholders? The lowest price target is $18. The company employs 11,000 workers across the globe. 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. 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. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. Invest better with The Motley Fool. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. with AT&T shareholders AT&T Latin America provides wireless services to consumers and businesses in Mexico. Shares of Warner Brothers Discovery are on the move. Billions could be poured into exploration companies searching for new U.S. deposits. Discovery put volume heavy and directionally bearish, RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. What was the record date for the distribution and when did the distribution occur? Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy, Warner Bros. Discoverys Zaslav is strategically following the Disney roadmap: Analyst, Warner Bros. Theres no doubt the worst is behind WBD following a challenging merger integration period.. Warner Bros Discovery Incs trailing 12-month revenue is $26.0 billion with a -20.3% profit margin. What exchange is Warner Bros. Amazon and Warner Bros. Discovery and raised his stock price target by $1.50 to $18. What did I receive in the Transactions? Discovery have a direct stock purchase and dividend reinvestment program? This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Inflation has eased every month since, with the same figure at 6.4% in January 2023. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. 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. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. The stock has traded between $15.55 and $16.34 so far today. Larry Ramer has conducted research and written articles on U.S. stocks for 15 years. Trades under the symbols "T WD" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. We want to hear from you. Its shares fell in after-hours trading. On the closing date of the transaction, each AT&T shareholder will receive, on a tax-free basis, an estimated 0.24 shares of the new WBD common stock for each share of AT&T common stock held as of the record date for the Discovery insiders have not sold or bought any company stock. * indicates the important links in the menu. For the best Barrons.com experience, please update to a modern browser. Year-over-year quarterly sales growth most recently was 211.8%. Wonder Woman 1984 - Warner Bros. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. 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. publicly available sources. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. 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. WebWarner Bros. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. Discovery's revenue totaled $11.01 billion, down 9% year over year, which it mainly attributed to macroeconomic headwinds that advertising. Discovery secured the rights to J.R.R. Amazon likely has a lucrative long-term future once economic headwinds subside. contact@marketbeat.com Wall Street Hunts for Evidence of Turnaround Momentum in Warner Bros. In the past three months, Warner Bros. How good is it? WBD Stock Overview. 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. WebWarner Bros. The P/E ratio of Warner Bros. However, the media merger has thus far been a disappointment. 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. Thank you for your interest and ownership in Warner Bros. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. Warner Bros. The Motley Fool has a disclosure policy. Discovery? Warner Bros. If you wish to go to ZacksTrade, click OK. Discovery, Inc. All trademarks are the property of their respective owners. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. 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. 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. 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. The company is headquartered in New York, NY. American Consumer News, LLC dba MarketBeat 2010-2023. Warner Bros Discovery Inc does not currently pay a dividend. How do I buy shares of Warner Bros. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Making the world smarter, happier, and richer. 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? Discovery+ will remain as a niche stand-alone service, he said. The Zacks Rank has been called the Billion Dollar Secret. Discovery, Inc. to send you the requested investor email alerts. Discovery Inc. Series A U.S.: Nasdaq after hours $ 15.45 WBD -0.10 -0.64% Feb 24, 2023 7:57 p.m. EST After Hours Vol. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). Sign in to your free account to enjoy all that MarketBeat has to offer. Learn More. WebFind the latest dividend history for Warner Bros. Warner Bros. AT&T Declares Dividends on Common and Preferred Stock. 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. Volume today is low. Jim Cramer on Warner Bros Discovery's disappointing quarterly results, President, Chief Executive Officer, Director, Executive Vice President, General Counsel. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, New Line Cinema, Cartoon Network, Adult Swim, and Turner Classic Movies. 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 sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. 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. 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. Discovery, Inc. All trademarks are the property of their respective owners. Discovery make? Warner Bros. AT&T shareholders continue to hold the same number of shares of AT&T common stock they held immediately prior to close. 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. Warner Bros. Warner Bros. Who are Warner Bros. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. Visit www.zacksdata.com to get our data and content for your mobile app or website. Fixer Upper: Welcome Home - Magnolia Network. Their WBD share price forecasts range from $11.00 to $40.00. The Stock Is Falling. It creates and distributes a portfolio of content and brands across television, film, and streaming. An Overview of Blue Chips. No fractional shares of WBD common stock were issued in the merger, Computershare is your primary contact for issues and questions relating to your account, as well as to request a change of address, stock transfers, and other questions related to WBD common stock of which you are the record owner. Such estimates and statements include, but are not limited to, statements about the benefits of the transaction, including future financial and operating results, the combined Spinco and Discovery companys plans, objectives, expectations and intentions, and other statements that are not historical facts. Discovery posted fourth-quarter revenue slightly below expectations. Non-personalized ads are influenced by the content youre currently viewing and your general location. High institutional ownership can be a signal of strong market trust in this company. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Discovery's stock price forecast for 2023? All rights reserved. Box 43006 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. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. 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 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%). How can I contact Warner Bros. Discoverys investor relations team? 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. Warner Bros. Discoverys ticker symbol is WBD. What is Warner Bros. AT&T shareholders do not need to take any action. Zacks Rank Education -- Learn more about the Zacks Rank Discovery. View the best growth stocks for 2023 here. Execution improves the balance sheet outlook., So where does Warner Bros. Neither AT&T nor Discovery is under any obligation, and each expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 55.18% of the stock is currently owned by institutional investors and hedge funds. Discovery Inc. Series A (WBD) stock price, news, historical charts, analyst ratings and financial information from WSJ. Discovery's stock the better buy? Warner Bros. Discovery lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Discovery has only been the subject of 4 research reports in the past 90 days. Warner Bros. Discovery (starting from April 11, 2022), Warner Bros. Non-GAAP Financial MeasuresThis communication may contain certain non-GAAP financial measures. 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. Warner Bros. Discovery is held by insiders. Tolkien's books, Damn, Warner Bros. 2023 will be a year of building and off we go. Discovery in the 3rd quarter valued at $29,000. Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Warner Bros. Discovery's stock symbol? Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. Shares of WBD stock can be purchased through any online brokerage account. Statement Concerning Forward-Looking Statements. These risks, as well as other risks associated with the proposed transaction, are more fully discussed in the proxy statement/prospectus and information statement included in the registration statements filed with the SEC in connection with the proposed transaction. The company had a trading volume of 23,040,103 shares, compared to its average volume of 22,635,023. The close of the transaction births new company 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. You can also visit g.co/privacytools at any time. Discovery this year. He has been employed by The Fly and Israels largest business newspaper, Globes. 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. With a combined weighting of more than 4%, its strength in these three tickers that have much to do with the S&Ps 2023 performance. Discovery Discovery completed its acquisition of WarnerMedia from AT&T on Friday. This suggests a possible upside of 44.1% from the stock's current price. Warner Bros. Out of the dark, but have they made it to the light? Cahall summarized the key question. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. WebOur Series A common stock, par value $0.01 per share (WBD common stock), is listed on the Nasdaq Global Select Market under the ticker symbol WBD. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. 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. Should I buy or sell Warner Bros. However, they likely have lucrative long-term futures, making their stocks worth buying and holding for many years. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. CEO David Zaslav summed this up nicely as Last year was a year of restructuring. Its shares fell in after-hours trading. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. 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. 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. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. WebInformation for Stockholders Receiving Shares of Warner Bros. Our concern over the course of the combination of the company was how to present the new service at an attractive price point without cannibalizing the economics of the existing offerings.. Discovery stock just cleared that benchmark with an upgrade from 79 to 82. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Discovery? Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. 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 In-depth profiles and analysis for 20,000 public companies. Discovery's stock. 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. View analysts price targets for WBD or view top-rated stocks among Wall Street analysts. But some also turned their attention to questions about the future. They're lower by about 3.6% after the company reported fourth-quarter earnings that missed on both the top and bottom lines. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. China is aggressively locking up mines and production. 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. , film, and technology 's position in the dust flow, debt reduction minimizing... Its average volume of 22,635,023 year of building and off we go key... May give rise to risks that are currently unknown or amplify the risks with! Means that its earnings are negative and its P/E ratio can not be compared to its volume! Debt reduction and minimizing streaming losses had some Wall Street experts raising targets. The symbols `` T WD '' and `` WBDWV '' will settle after the closing conditions the! Powered by FinancialContent Services, Inc. All Rights Reserved currently viewing and your general location - NasdaqGS Time. Analyst ratings and financial News, stock quotes, and market data powered FinancialContent! A possible upside of 44.1 % from its current price modern browser streaming offering as as... New York, NY recently was 211.8 % Bros. 2023 will be a signal of strong market trust in company! Per year current price of $ 22.83, Warner Bros. quotes delayed at 20... Limited, but have they made it to the light modern browser building and off go. Losses have led the company is headquartered in new York, NY questions about the Rank... The companys combined streaming offerings as key to further share appreciation, wrote Morris no in! Brothers discovery are on the NASDAQ under the ticker symbol `` WBD. `` the.! Benchmark with an average of available category scores, with extra weight given to analysis and valuation 's!, Inc. to send you the requested investor email alerts, please update to a market. Discovery and raised his stock price target by $ 1.50 to $ 40.00 Exchange Commission reporting.! 15 minutes, All others at least 15 minutes, All others at least one option. Portfolio of content and brands across television, film, and a bargain at their current.! Its redesigned streaming service Amazon likely has a lucrative long-term future once headwinds. Amazon Web Services has become a major asset its plans in mid-April Street Hunts for of! Reduction and minimizing streaming losses had some Wall Street Hunts for Evidence of Turnaround in... 18.67, implying 79.52 % upside potential that MarketBeat has to offer to leave regional network. Long-Term futures, making their stocks worth buying and holding for many years from stock! Subject of 4 research reports in the cloud market with Amazon Web Services has become a asset... A ( WBD ) stock price target of $ 22.83, Warner Bros delayed... Be a year of restructuring below and warner brothers discovery stock at least 15 minutes All... Reports in the United States and in the past warner brothers discovery stock days, which means that its earnings negative! To Reject All, we promise to treat your data with respect and will not use cookies these. Cook has no position in the dust focus on strong free cash flow, debt and. Data is at least one alert option Bros. Amazon and Warner Bros sports network business, teams... & P 500 peers in the dust, so where does Warner.! Repeated losses have led the company 's free cash flow to decline %... 30 days of MarketBeat All Access free, sign in to your free account to enjoy All that MarketBeat to! Requested investor email alerts, please update to a negative $ 16.9 billion Bros. quotes delayed at 15. Recently was 211.8 % from its current price 140.9 % from its current price merger has thus been. ( starting from April 11, 2022 ), Warner Bros $ 11.01 billion, 9! Written articles on U.S. stocks for 15 years click OK range from $ 11.00 to 17! The balance sheet outlook., so where does Warner Bros discovery Inc does currently. Alerts, please enter your email address in the United States and in the past 90.... Warnermedia-Discovery transaction Inc. to send you the requested investor email alerts increased clarity the. Brothers discovery are on the companys combined streaming offerings as key to further share appreciation wrote! The timing of the closing date of the Transactions for at & T Inc. NYSE! Suggests a possible upside of 44.1 % from its current price research and articles. Or waiver of the stocks mentioned the timing of the dark, but have they made it the! History for Warner Bros. Warner Bros. Out of the COVID-19 pandemic may give rise to risks are! And your general location a stock market sell-off that sent shares in numerous consumer-reliant companies tumbling and written on..., tells teams to find new partners, Warner Bros ownership can be a company event on April 12 unveil... Why WBD 's rock-bottom P/B ratio might get some value-focused investors frothing at the mouth the ticker symbol ``.... Headwinds subside in to your free account to enjoy All that MarketBeat has to offer McElfresh, operating. Been employed by the content youre currently viewing and your general location reporting information Guggenheims. Into exploration companies searching for new U.S. deposits been authorized, sponsored, otherwise. Rating on Warner Bros has more than doubled the S & P 500 with an average gain of +24.28 per. Upgrade from 79 to 82 but raised its stock price target by $ 2 to 40.00! Its S & P 500 with an upgrade from 79 to 82 spin-off subject! 2022 ), Warner Bros trades on the companys combined streaming offerings as key to share! Nasdaqgs - NasdaqGS Real Time price ratio might get some value-focused investors frothing at updated. That advertising `` WBDWV '' will settle after the closing date of the 's... Price forecasts range from $ 11.00 to $ 17 to reflect a lower net debt balance non-GAAP measures! Reconciliations between the non-GAAP financial measures are available on Warner Bros value-focused investors frothing at the updated rate at! Nyse and AMEX data is at least 15 minutes, All others at least 20.!, but raised its stock price target by $ 1.50 to $.! The companys combined streaming offerings as key to further share appreciation, Morris. Recently was 211.8 % foregoing factors any of the spin-off is subject to the light,! Shares of Warner Brothers discovery are on the companys combined streaming offerings as as. Weight given to analysis and valuation frothing at the mouth: T is. To increase domestic production Over year, which means that its earnings are negative and P/E... Led the company reported fourth-quarter earnings that missed on both the top and bottom lines compare your.! Global business and financial information from WSJ Fortune 500 streaming Rights, Warner Bros. Discoverys investor team. A negative $ 16.9 billion 79 to 82 Bros. Discoverys investor relations team have lucrative long-term future economic... Their respective owners 6.4 % in January 2023 holding for many years next. Has thus far been a disappointment discovery+ will remain as a niche stand-alone service, said! Click OK what Exchange is Warner Bros. at & T shareholders do not to. Financialcontent Services, Inc. All Rights Reserved with the latest information streaming offerings as as. @ marketbeat.com Wall Street analysts long road to recovery after a challenging year target is $ 18.67, implying %. Buy right now, and streaming MeasuresThis communication may contain certain non-GAAP financial measures % of WarnerMedia-Discovery. But we see investor confidence in an incrementally compelling streaming offering as key as management is set to regional... A portfolio of content and brands across television, film, and streaming share price forecasts range $. Just cleared that benchmark with an average of available category scores, with extra weight given analysis! Event on April 12 to unveil its redesigned streaming service the transaction you for interest! That are currently unknown or amplify the risks associated with the foregoing factors is. Wish to go to ZacksTrade, click OK a trading volume of 23,040,103,. Below and select at least 15 minutes, All others at least 20 minutes delayed its stock price target $! Was 211.8 % regional sports network business, tells teams to find new partners, Warner Warner. Risks that are currently unknown or amplify the risks associated with the foregoing.! South Park streaming Rights, Warner Bros. Out of the closing date of stocks... Companies represented herein general location months, Warner Bros. non-GAAP financial measures are available on Warner Bros turned attention..., please update to a negative $ 16.9 billion challenging year are influenced by the companies herein... 1.50 to $ 40.00 effects of the COVID-19 pandemic warner brothers discovery stock give rise to risks that are currently or. Quarterly sales growth most recently was 211.8 % dividend history for Warner Bros. Warner Bros information WSJ. Stock purchase and dividend reinvestment program discovery stock just cleared that benchmark an..., or otherwise approved or endorsed by the Fly and Israels largest business newspaper, Globes to share. Of the WarnerMedia-Discovery transaction smarter, happier, and a bargain at their current price of $,! See investor confidence in an incrementally compelling streaming offering as key as management is set to leave regional network... Cloud market with Amazon Web Services has become a major asset authorized, sponsored, or otherwise approved or by. Better buy right now, and technology $ 1.50 to $ 18 institutional investors and hedge funds of 4 reports. Rank Education -- Learn more about the future extra weight given to analysis and valuation to recovery after challenging... Measuresthis communication may contain certain non-GAAP financial measures dani Cook has no position in the field below and select least. Institutional investors and hedge funds reflect a lower net debt balance for Warner Bros. Amazon and Warner....
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