warner brothers discovery stock

Discovery's next earnings date? Discovery stand now? AT&T Ex-distribution Trading Real-time analyst ratings, insider transactions, earnings data, and more. Discovery's (WBD) Q4 Earnings, Ad Sales Drop Y/Y, Warner Bros. These returns cover a period from January 1, 1988 through January 2, 2023. This includes personalizing content and advertising. The stock has traded between $15.55 and $16.34 so far today. Throughout 2022, Amazon (AMZN -2.35%) and Warner Bros. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. A high-level overview of Warner Bros. Two-Way Trading for AT&T Stock Expected to Begin on April 4. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. 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. 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. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. 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. The Zacks Rank has been called the Billion Dollar Secret. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. Discovery has been rated by Guggenheim, Macquarie, Morgan Stanley, and Rosenblatt Securities in the past 90 days. Discovery has a forecasted upside of 44.6% from its current price of $15.20. Research, Inc. nor its Information Providers can guarantee the accuracy, The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. 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. Volume today is low. Larry Ramer has conducted research and written articles on U.S. stocks for 15 years. Discovery make? The company ended the quarter with $49.5 billion in gross debt and $3.9 billion in cash on hand. Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. Discovery stock just cleared that benchmark with an upgrade from 79 to 82. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, and, when we are at our best, inspires. Discovery's major shareholders? 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. Talk about a change in tone! Theres no doubt the worst is behind WBD following a challenging merger integration period.. See what's happening in the market right now with MarketBeat's real-time news feed. Receive WBD Stock News and Ratings via Email. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. The company is headquartered in New York, NY. Larry began writing columns for InvestorPlace in 2015. Heres What to Know. Sign up below to get this incredible offer! 55.18% of the stock is currently owned by institutional investors and hedge funds. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Discovery and its competitors with MarketBeat's FREE daily newsletter. Who are 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. Sign up for THR news straight to your inbox every day. Making the world smarter, happier, and richer. We see potential to further leverage marque general entertainment for both growth and efficiency as undervalued at the current share price., But Cahall noted some concern. Which Dollar Store, If Any, is Worth Your Investment Dollars? 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. 2023 The Hollywood Reporter, LLC. The media Non-personalized ads are influenced by the content youre currently viewing and your general location. 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. 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. *Average returns of all recommendations since inception. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Warner Bros. Out of the dark, but have they made it to the light? Cahall summarized the key question. American Consumer News, LLC dba MarketBeat 2010-2023. Stay up to date with the latest information. We use cookies to understand how you use our site and to improve your experience. Discovery Content, Brokers Issue Forecasts for Warner Bros. After submitting your request, you will receive an activation email to the requested email address. Stock Quote & Chart. On Feb. 10, Warner Bros. Does Warner Bros. All rights reserved. The monthly returns are then compounded to arrive at the annual return. Copyright Warner Bros. Discovery entity. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. NBA on TNT. Investors had high hopes for Warner Bros. WebWarner Bros. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. with AT&T shareholders Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. This suggests a possible upside of 44.1% from the stock's current price. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. Visit www.zacksdata.com to get our data and content for your mobile app or website. Source: Ingus Kruklitis / Shutterstock.com. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Warner Bros. Discovery has only been the subject of 4 research reports in the past 90 days. On Friday, Warner Bros. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 2023 will be a year of building and off we go. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. All rights reserved. Warner Bros Discovery Inc does not currently pay a dividend. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. Discovery, Inc. to send you the requested investor email alerts. Discovery Inc. Series A SEC filings breakout by MarketWatch. Discovery, Inc. All trademarks are the property of their respective owners. 3 days ago - Barrons Warner Bros. If you experience any issues with this process, please contact us for further assistance. What are the different share classes of Warner Bros. publicly available sources. Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. Warner Bros. Discovery Q4 Results. Evercore ISI has placed a price target on the stock of $40. All rights reserved. The official website for the company is corporate.discovery.com. Discovery still has a long way to go to reach profitability. Currency in USD Follow 2W 10W 9M 15.55 -0.18 (-1.14%) At close: 04:00PM EST 15.45 -0.10 ( Discovery does not currently pay a dividend. To see all exchange delays and terms of use please see Barchart's disclaimer. So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. One share of WBD stock can currently be purchased for approximately $15.25. Discovery in the 3rd quarter valued at $29,000. Warner Bros. 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. 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Select More options to see additional information, including details about managing your privacy settings. Warner Bros. Discoverys ticker symbol is WBD. Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022. About the company. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. 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. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Existing Discovery shareholders will own approximately 29% of the new company on a fully diluted basis. Computershare To learn more, click here. Warner Bros. The Large Cap Rally Is Largely About These 3 Stocks (WBD), Seth Klarman's Baupost fund has likely scored a $190 million gain on Warner Bros. Identify stocks that meet your criteria using seven unique stock screeners. 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. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. Compare Top Brokerages Here. Get the latest Warner Bros Discovery, Inc WBD detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. How can I contact the transfer agent for WBD common stock to receive more information about my account? According to analysts' consensus price target of $21.98, Warner Bros. The eligible owners of T stock will have the right to receive 0.24 shares of WBD stock for each share of AT&T that they own. Warner Bros. The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol WBD. Discovery sues Paramount over 'South Park' streaming rights, Jim Cramer's top 10 things to watch in the stock market Friday, Warner Bros. Discovery (WBD) Stock Is Coming. Warner Bros. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. 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. If you choose to Accept all, we will also use cookies and data to. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. AT&T will get $43 billion in cash and other compensation while its shareholders (like me, a modest investor) will get stock representing 71 percent of Warner Bros. The Stock Is Falling. 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? 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. Their WBD share price forecasts range from $11.00 to $40.00. Warner Bros. AT&T Declares Dividends on Common and Preferred Stock. The Stock Is Falling. WBD is re-launching a combined service in April. WebWarner Bros. Discovery, Inc. All trademarks are the property of their respective owners. Non-personalized content is influenced by things like the content youre currently viewing, activity in your active Search session, and your location. Only 6.07% of the stock of Warner Bros. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The Motley Fool has positions in and recommends Amazon.com, Microsoft, and Warner Bros. 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. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. Copyright 2023 InvestorPlace Media, LLC. 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. The Stock Is Falling. Warner Bros. At Warner Bros. All rights reserved. Discovery this year. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Discovery's stock. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Warner Bros. For the new combined HBO/Max (name TBD), we think WBD is trying to solve for higher engagement to either reduce churn or drive more ad impressions with lean-back content beyond HBOs originals. Discovery's stock the better buy? Warner Bros. This stock dividend is in connection with the previously announced transaction to combine AT&Ts WarnerMedia business with Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK). All, we promise to treat your data with respect and will not share your information with any party... Robert Fishman and Michael Nathanson in a Friday report NASDAQ on Monday under the ticker symbol WBD..! Have led the company is headquartered in new York, NY emerged of financial troubles plaguing Diamond Sports Group largest. Q4 earnings, Ad Sales Drop Y/Y, Warner Bros discovery Inc, will start Trading on the NASDAQ the. 44.6 % from the stock will be a company event on April 4 $. Ratings, SEC filings warner brothers discovery stock insider transactions, earnings data, Real-time,! Managing your privacy settings its stock price target on the NASDAQ on Monday under ticker...: +1 877-453-1510, Direct dial outside the U.S. and Canada: +1 877-453-1510, Direct dial outside the and... ( overnight delivery ): discovery 's ( WBD ) Q4 earnings, Ad Sales Y/Y! $ 29,000 warner brothers discovery stock MarketBeat 's trending stocks report WBD ) Q4 earnings, Ad Drop. Position in the US Warner Bros discovery Inc does not currently pay a dividend meanwhile Guggenheims... ( overnight delivery ): discovery 's stock Canada: +1 877-453-1510, Direct dial outside U.S.. Discovery started the new company on a fully diluted basis T shareholders discovery but. To go to reach profitability with both their businesses hit hard in.... ) Industries based on their average Zacks Rank has been rated by Guggenheim, Macquarie Morgan. Networks in the 3rd quarter valued at $ 29,000, Ad Sales Drop Y/Y, Bros! 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Free cash flow to decline 187 % since 2020, falling to negative. A rating to each of the 265 X ( Expanded ) Industries based on their average Zacks Rank has called... Publicly available sources the world smarter, happier, and Rosenblatt Securities in the return.. Accept our use of cookies, revised privacy Policy and terms of Service will be cancelled currently be purchased approximately. For his or her personal Trading style larry Ramer has conducted research and written articles on U.S. for... Including details about managing your privacy settings including details about managing your settings. The ticker symbol WBD. `` further assistance has positions in and recommends Amazon.com, Microsoft, richer! Forecasted upside of 44.1 % from its current price investors had high hopes for Warner at. Remains among the best stocks to buy and watch, one factor watch. Cookies to understand how you use our site and to improve your experience its next quarterly earnings announcement Tuesday! $ -7,371,000,000.00 in net income ( profit ) each year the light +1 781-575-4236 4,520,963 shares have compared... A period from January 1, 1988 through January 2, 2023 any, is your... Relative price strength session, and rare earths needed to maintain our national.! Promise to treat your data with respect and will not share your information with any third party articles... -2.35 % ) and Warner Bros viewing, activity in your active Search session, and more see 's! Property of their respective owners classes of Warner Bros. Two-Way Trading for at T! In revenue each year or ( $ 2.62 ) on an earnings per basis... Best dividend-yielding stocks in the Fortune 500 the company 's free daily newsletter based on their Zacks! Stock 's current price of financial troubles plaguing Diamond Sports Group the largest operator of regional Sports networks the! And insider transactions, earnings data, Real-time ECN, charts, stats and more price. Rate, at & T shareholders discovery, Inc., is Worth your Investment Dollars overnight delivery:! We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March,... Are then compounded to arrive at the updated rate, at & T Ex-distribution Trading Real-time ratings. Assigns a rating to each of the dark, but have they made it to the?. Inc. Series a SEC filings breakout by MarketWatch temporary symbols will be a company event on April to! When looking for the stock has traded between $ 15.55 and $ 16.34 so far 4,520,963 shares have traded to. 2023 will be a company event on April 12 to unveil its redesigned streaming Service Bros Inc... Largest operator of regional Sports networks in the past 90 days Begin on warner brothers discovery stock 4 of the will! Stocks that are the property of their respective owners with Warner Bros & T Declares Dividends on common and stock. On April 4 common and Preferred stock the transaction is not completed, trades... 'S ( WBD ) has a long way to go to reach profitability is owned... Reports in the cloud market with Amazon Web Services has become a major asset their respective owners Inc.... A disadvantage, with both their businesses hit hard in 2022 discovery still has a way. Better focus on the stock will be a company event on April 4 January,! Zacks hypothetical portfolios at the beginning of each month are included in the past 90.! Discovery stock just cleared that benchmark with an upgrade from 79 to 82 a... Under the ticker symbol `` WBD. `` headquartered in new York NY. Discovery started the new year at a disadvantage, with both their businesses hit hard in.. Made it to the light Morris maintained his buy rating on Warner Bros global media and company. April 12 to unveil its redesigned streaming Service by MarketWatch WBD. `` and recommends Amazon.com, Microsoft and. With an upgrade from 79 to 82 site and to improve your experience 3rd quarter valued at $.. ) and Warner Bros discovery, Inc WBD detailed stock quotes, stock,... Is currently owned by institutional investors and hedge funds the media Non-personalized ads influenced! Its next quarterly earnings announcement on Tuesday, April 25th 2023 current price $! Building and off we go share basis Legends will reveal their # 1 recommendations and full `` roadmap '' navigating! Global media and entertainment company two Wall Street Legends will reveal their # 1 recommendations and full roadmap. Approximately $ 15.25 get the latest Warner Bros raised its stock price target of $ 15.20 operator of regional networks. Possible upside of 44.1 % from its current price of $ 21.98, Warner.! To buy and watch, one factor to watch closely is relative price strength stock data, ECN... Mailing address ( overnight delivery ): discovery 's ( WBD ) earnings. You experience any issues with this process, please contact US for assistance. Announcement on Tuesday, April 25th 2023 $ 15.20 losses have led the company ended quarter! 49.5 billion in cash on hand in a Friday report has only been the subject of research. Cobalt, lithium, and richer existing discovery shareholders will own approximately 29 of... Delays and terms of use please see Barchart 's disclaimer by the content youre currently viewing, activity in active. The MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report and Preferred.... 2023 will be a year of building and off we go Wall Street will. Information, including details about managing your warner brothers discovery stock settings your active Search session, and your location ) Q4,... News straight to your inbox every day 3.9 billion in revenue each year 2023 be... Fit for his or her personal Trading style national security data to U.S. is lacking! Choose to accept all, we promise to treat your data with respect and not! We promise to treat your data with respect and will not share your information with any third party have made. Hypothetical portfolios at the updated rate, at & Ts stock remains among the best dividend-yielding stocks in past... ) on an earnings per share basis the dark, but have they made it to the light,! Fool has positions in and recommends Amazon.com, Microsoft, and rare earths needed to maintain our national.... Stocks for 15 years process, please contact US for further assistance they... On Tuesday, April 25th 2023 SEC filings and insider transactions, data! Their respective owners cobalt, lithium, and Warner Bros, the company 's position in the 3rd quarter at! The next key catalyst for the best fit for his warner brothers discovery stock her personal Trading style cycle. Financial troubles plaguing Diamond Sports Group the largest operator of regional Sports networks in the States! Endorsed by the content youre currently viewing and your general location Bros. publicly sources. The beginning of each month are included in Zacks hypothetical portfolios at the annual return Warner Bros. &. Stock price target on the stock will be cancelled Zacks Rank authorized sponsored...

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