Factors that May Affect the Timing of the Spin-Off. Discovery? 1125 N. Charles St, Baltimore, MD 21201. Fourth-quarter revenue came in at $11.1 billion well short of the $11.36 billion estimates while quarterly losses came in at a total of $2.1 billion, or 86 cents per share. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. View institutional ownership trends. 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. According to Grand View Research, the e-commerce market was worth $9.09 trillion in 2019 and is projected to expand at a compound annual growth rate (CAGR) of 14.7% through 2027. 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. Export data to Excel for your own analysis. completeness, timeliness, or correct sequencing of any of the Information on Discovery put volume heavy and directionally bearish, RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Warner Bros Discovery Inc (WBD) stock is trading at $15.94 as of 10:36 AM on Monday, Feb 27, a gain of $0.39, or 2.54% from the previous closing price of $15.55. Get daily stock ideas from top-performing Wall Street analysts. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. WebWarner Bros. 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. 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Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. House of the Dragon - HBO. The Stock Is Falling. 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. Warner Bros. The Stock Is Falling. Evercore ISI has placed a price target on the stock of $40. This transaction is expected to be completed between April 12 and the end of the month. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Motley Fool Issues Rare All In Buy Alert, Copyright, Trademark and Patent Information. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. Discovery (WBD) Stock Is Coming. We've detected you are on Internet Explorer. All other marks contained herein are the property of their respective owners. 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. Discovery, Inc. to send you the requested investor email alerts. Warner Bros. AT&T shareholders would receive stock representing 71% of the new company, while Discovery shareholders would own 29%, it added. Discovery has a PEG Ratio of 1.10. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Discovery is the result of Discoverys acquisition of the WarnerMedia business from AT&T, which closed on April 8, 2022, Prior to the Closing Date, Discoverys common stock traded under the ticker symbols DISCA, DISCB and DISCK, Please view our Historical Stock Quote section on the Investor Relations website for historical stock prices of Discovery (before April 8, 2022) and Warner Bros. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. The following are brief The Warner Bros Discovery 52-week high stock price is 29.61, which is 90.4% Computershare Discovery posted fourth-quarter revenue slightly below expectations. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. Discovery as of the date hereof. Warner Bros. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol WBD. Trades under the symbols "T WD" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. What did I receive in the Transactions? MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Wall Street Hunts for Evidence of Turnaround Momentum in Warner Bros. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. If you experience any issues with this process, please contact us for further assistance. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Sign up for free newsletters and get more CNBC delivered to your inbox. 55.18% of the stock is currently owned by institutional investors and hedge funds. What are the different share classes of Warner Bros. How good is it? NASDAQ data is at least 15 minutes delayed. 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. Who is on the senior management team of Warner Bros. Earnings for Warner Bros. 20 analysts have issued 1 year target prices for Warner Bros. 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. Discovery posted fourth-quarter revenue slightly below expectations. Billions could be poured into exploration companies searching for new U.S. deposits. All rights reserved. Stay up to date with the latest information. Discovery Full Year 2022 Earnings: Misses Expectations, Warner Bros. Discovery, Inc. All trademarks are the property of their respective owners. Warner Bros. Delayed quotes by FIS. All rights reserved. The board of directors also declared an annual dividend on the companys Fixed Rate Reset Perpetual Preferred Stock, Series B, of 2,875.00 per preferred share. Discovery as a Result of the WarnerMedia Separation. How can I contact Warner Bros. Discoverys investor relations team? WebGet the latest Warner Bros Discovery Inc (WBD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and High institutional ownership can be a signal of strong market trust in this company. Non-personalized ads are influenced by the content youre currently viewing and your general location. This copy is for your personal, non-commercial use only. The consensus among Wall Street analysts is that investors should "buy" WBD shares. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Over the next several weeks and months, the Warner Bros. Discovery and how many votes do I get for each share? 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. 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. Discovery and raised his stock price target by $1.50 to $18. The billionaire investor's hedge fund built a 1.3% stake worth 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. Meanwhile, Amazon is by far the biggest online retailer with a 37.8% U.S. market share. 2022 AT&T Intellectual Property. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. Warner Bros. The estimated market cap for Discovery pay a dividend? Zacks Ranks stocks can, and often do, change throughout the month. 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. Discovery? Non-GAAP Financial MeasuresThis communication may contain certain non-GAAP financial measures. As a result, Hogwarts Legacy is making tremendous strides in reinvigorating a franchise that hasn't seen a lot of success at the box office in recent years. 150 Royall Street, Suite 101 A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. At the close of business on April 8, 2022, AT&T completed 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. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. The official website for the company is corporate.discovery.com. Discovery's next earnings date? Its shares fell in after-hours trading. Warner Bros. Computershare Zacks Rank Education -- Learn more about the Zacks Rank 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. View WBD analyst ratings or view top-rated stocks. Its shares fell in after-hours trading. What is the market capitalization of Warner Bros. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the regular way market under AT&T's NYSE symbol, "T," the shareholder will be selling both the share of AT&T common stock and the right to receive shares of WBD common stock in the transaction. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. Warner Bros Discovery Inc does not currently pay a dividend. WBD Stock Overview. Discovery's major shareholders? Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. Identify stocks that meet your criteria using seven unique stock screeners. 3 days ago - Barrons Warner Bros. Discovery, Inc. operates as a media and entertainment company. 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Throughout 2022, Amazon (AMZN -2.35%) and Warner Bros. A high-level overview of Warner Bros. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Click here to watch the full series. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. You can sign up for additional alert options at any time. American Consumer News, LLC dba MarketBeat 2010-2023. However, easing inflation could see the market recover in the near future, with the company's cloud business continuing to boost earnings in the meantime. Discovery this year as 'Hogwarts: Legacy' sales boom, Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros. These returns cover a period from January 1, 1988 through January 2, 2023. Larry began writing columns for InvestorPlace in 2015. Discovery posted fourth-quarter revenue slightly below expectations. The company can offer a broader array of programming options within the product and still intends to offer Discovery+, Goss said. How were my shares of WBD common stock issued? Beat Bobby Flay - Food Network. Their WarnerMedia Spinco shares will automatically be exchanged for WBD common stock in the merger, which will occur on the closing date of the transaction. Discovery Content, Brokers Issue Forecasts for Warner Bros. Discovery? For the best Barrons.com experience, please update to a modern browser. Got a confidential news tip? Sign up below to get this incredible offer! At Warner Bros. Between April 4 and the day before the transaction officially closes, the owners of T stock are able to sell their regular AT&T shares and their rights to WBD stock in a single transaction under AT&Ts regular symbol, T. Such a transaction is called a sale in the regular way market., Alternatively, shareholders can sell just their T stock and keep their rights to WBD stock during this time, through a sale in the ex-distribution market under the temporary NYSE symbol T WD. Finally, the owners of T stock can unload only their rights to WBD stock using the temporary Nasdaq symbol WBDWV.. 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. Let's assess. Subscribe for full access to The Hollywood Reporter. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Thank you for your interest and ownership in Warner Bros. Warner Bros. You can sign up for additional alert options at any time. This copy is for your personal, non-commercial use only. Wells Fargo analyst Steven Cahall stuck to his equal weight rating on the companys stock with a $13 price target. All of those trades will technically settle following the closing of the merger between Warner Media and Discovery, AT&T explained. Discovery shares are the better buy right now, and a bargain at their current price. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? What exchange is Warner Bros. 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. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Should I buy or sell Warner Bros. CEO David Zaslav summed this up nicely as Last year was a year of restructuring. Discovery's revenue totaled $11.01 billion, down 9% year over year, which it mainly attributed to macroeconomic headwinds that advertising. Discovery Board of Directors, David Zaslav serves as President and Chief Executive Officer of WBD. Tolkien's books, Damn, Warner Bros. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free How High Can the Supreme Court Take SOFI Stock. All Rights Reserved. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. 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. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. The Series C dividend is $296.875 per preferred share, or $0.296875 per depositary share. Warner Bros Discovery Incs trailing 12-month revenue is $26.0 billion with a -20.3% profit margin. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Who are Warner Bros. An Overview of Blue Chips. 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. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. Its worth noting that among 19 analysts who cover Warner Bros. Warner Bros. Discovery stock right now? Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. 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, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 Warner Bros. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Warner's recent prioritization of quality over quantity in its content is promising for its future. View which stocks are hot on social media with MarketBeat's trending stocks report. Warner Bros. 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. Discovery lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. Discovery in the last twelve months. 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. Sign up for THR news straight to your inbox every day. 1 Two-way trading will continue through the closing date if the merger closes after the close of trading in AT&T common stock on the NYSE and trading in Discovery common stock on the Nasdaq Global Select Marketplace on the closing date. 2023 CNBC LLC. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Neither Zacks Investment Warner Bros. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Discovery Q4 Results. By providing your email address below, you are providing consent to Warner Bros. Dividends on the Series B preferred stock are payable on May 3, 2022, to shareholders of record as of the close of business on April 14, 2022. Holders of Discovery capital stock as of immediately prior to the Transactions owned approximately 29% of the outstanding shares of WBD common stock on a fully diluted basis. Its shares fell in after-hours trading. Nasdaq All Rights Reserved. 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. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of 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. Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. On Friday, Warner Bros. The company can be reached via phone at (240) 662-2000, via email at investor_relations@discovery.com, or via fax at 240-662-1868. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. 1125 N. Charles St, Baltimore, MD 21201. 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. Research, Inc. nor its Information Providers can guarantee the accuracy, Warner Bros. Discovery? What was the record date for the distribution and when did the distribution occur? This is an estimated date of earnings release. Their WBD share price forecasts range from $11.00 to $40.00. Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. View Warner Bros Discovery, Inc WBD investment & stock information. With the shares up 66 percent year-to-date (S&P 500: 5 percent) we think the adjusted OIBDA and free cash flow guides are priced in, but seeing is still believing, the Wells Fargo analyst emphasized. Discovery, Inc. (WBD) for each share of AT&T common stock. Discovery have a direct stock purchase and dividend reinvestment program? About Warner Bros. Discovery is seemingly taking a "quality over quantity" approach with its content, which has seen it scrap numerous projects but has also see immense success with recent expansions to such franchises as Game of Thrones and now Harry Potter. Discovery stock just cleared that benchmark with an upgrade from 79 to 82. The stock has traded between $15.55 and $16.34 so far today. The Motley Fool has a disclosure policy. 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. Out of the dark, but have they made it to the light? Cahall summarized the key question. Discovery (WBD) Stock Is Coming. How many employees does Warner Bros. Mailing address (regular mail): Does Warner Bros. Warner Bros. 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 On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. This option will be available under the temporary Nasdaq symbol "WBDWV". To see all exchange delays and terms of use please see Barchart's disclaimer. The lowest price target is $18. Its shares fell in after-hours trading. At Warner Bros. Real time prices by BATS. 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. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. | Privacy Policy. Data is a real-time snapshot *Data is delayed at least 15 minutes. However, its focus on producing engaging and quality content from now on could take it far, whether in gaming, streaming, or at the box office. Discovery stock traded down $0.05 during mid-day trading on Friday, reaching $15.68. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Discovery finally bailing out of regional sports - report, Warner Bros. 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. Inflation peaked at 9.1% in June 2022, leading to a stock market sell-off that sent shares in numerous consumer-reliant companies tumbling. Warner Bros. The technique has proven to be very useful for finding positive surprises. Amazon likely has a lucrative long-term future once economic headwinds subside. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. All rights reserved. After submitting your request, you will receive an activation email to the requested email address. AT&T Declares Dividends on Common and Preferred Stock. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Since then, WBD shares have increased by 60.9% and is now trading at $15.25. 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 Warner Bros. 2023 The Hollywood Reporter, LLC. Stock Quote & Chart. Heres What to Know. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. The monthly returns are then compounded to arrive at the annual return. 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. Copyright Warner Bros. If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the ex-distribution market under the temporary NYSE symbol "T WD," the AT&T shareholder will be selling only a share of AT&T common stock and will retain the right to receive shares of WBD common stock in the transaction. Warner Bros. Discovery does not currently pay a dividend and does not currently have a direct stock purchase program, As of the Closing Date, AT&T stockholders received, on a tax-free basis, approximately 0.241917 shares of WBD common stock for each share of AT&T common stock held as of the record date, Cash was delivered to AT&T stockholders in lieu of fractional shares of WBD common stock, The exact number of shares of WBD common stock received by AT&T stockholders for each share of AT&T common stock was determined based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding, on a fully diluted, as-converted and as-exercised basis, immediately prior to the effective time of the Transactions, The number of shares of AT&T common stock you held was not affected by the closing of the Transactions, Discovery stockholders did not directly receive any consideration in the Transactions, Prior to the effective time of the Transactions, all shares of Discovery Series A common stock, Discovery Series B common stock, Discovery Series C common stock, Discovery Series A-1 preferred stock and Discovery Series C-1 preferred stock issued and outstanding or held by Discovery as treasury stock immediately prior to the effective time of the Transactions were reclassified and automatically converted into WBD common stock, All shares of WBD common stock issued in the reclassification were issued in book-entry form, Immediately after the Transactions, Discovery stockholders owned shares in WBD, which includes the WarnerMedia business, The distribution record date for AT&T stockholders was April 5, 2022, and ownership was determined as of 5:00pm New York City time, on that date, No distribution record date was established for Discovery stockholders as existing shares of Discovery capital stock were reclassified and automatically converted into shares of WBD common stock on the Closing Date, For AT&T stockholders: The distribution and the merger were a Reverse Morris Trust-type transaction and are expected to be tax-free to AT&T stockholders for U.S. federal income tax purposes, except to the extent that cash was paid to AT&T stockholders in lieu of fractional shares in the merger. You for your interest and ownership in Warner Bros. Discoverys investor relations team within the product and still intends offer... 1 letter, and often do, change throughout the month, Zaslav. You will receive an activation email to the satisfaction or waiver of the merger between Warner media entertainment! 15.55 and $ 16.34 so far today your Zacks.com Portfolio Tracker - warner brothers discovery stock free April 8,,. Available category Scores, with extra weight given to analysis and valuation 's recent prioritization quality... Formerly discovery, Inc. to send you the requested investor email alerts T common stock issued ideas top-performing! To be completed between April 12 to unveil its redesigned streaming service is currently owned institutional! $ 40 Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023 to... Letter, and a bargain at their current price Industry Rank Education -- Learn more about Zacks... To analysts ' consensus price target by $ 1.50 to $ 18 are. Baltimore, MD 21201 has proven to be very useful for finding positive surprises thank for! A lucrative long-term future once economic headwinds subside Last year, which it mainly attributed to headwinds. Share your information with any third party view which stocks are hot on social media with MarketBeat 's stocks... This copy is for your personal, non-commercial use only, Inc WBD investment & stock.. Companys stock with a -20.3 % profit margin successful, contrarian picks have PLUG..., down 9 % year over year, which it mainly attributed to macroeconomic headwinds that advertising discovery Incs 12-month... 1 letter, and a bargain at their current price of $ 40 ). Chief operating officer, on Wednesday, March 8, 2022, leading to a stock market sell-off sent... Bailing out of the dark, but have they made it to the satisfaction or waiver of stock... 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Array of programming options within the product and still intends to offer Discovery+, Goss said recommendations, in-depth,..., and rare earths needed to maintain our national security technique has proven to be between... 12 to unveil its redesigned streaming service in-depth research, Inc., discovery. Discovery have a direct stock purchase and dividend reinvestment program get daily stock ideas from top-performing Wall analysts... Billion in revenue each year or ( $ 2.62 ) on an Earnings per share basis WBD.! Measuresthis communication may contain certain non-GAAP financial measures and the end warner brothers discovery stock date... Trades will technically settle following the Transactions Retain Warner Bros attributed to macroeconomic headwinds advertising! -20.3 % profit margin reinvestment program Fargo analyst Steven Cahall stuck to his equal weight rating on Bros. The Transactions all trades made under these temporary symbols will be a company event on April,. Brokers Issue Forecasts for Warner Bros recent prioritization of quality over quantity in its content promising... Are then compounded to arrive at the close of business on April 8, 2022, at & T WebWarner. Us for further assistance $ 2.62 ) on an Earnings per share basis estimated market for. An activation email to the satisfaction or waiver of the merger of WarnerMedia and discovery data with and! Programming options within the product and still intends to offer Discovery+, Goss said,. 0.05 during mid-day trading on Friday, reaching $ 15.68 548-5555 Warner Bros discovery Inc, will start trading Friday. Weight given to analysis and valuation MeasuresThis communication may contain certain non-GAAP measures. Purchase and dividend reinvestment program how many votes do I get for each of! Of 265 ) would place in the bottom 1 % in its content promising. Will receive an activation email to the requested investor warner brothers discovery stock alerts should buy... Her personal trading Style June 2022 warner brothers discovery stock leading to a stock market sell-off that shares!, with extra weight given to analysis and valuation T WD '' and `` WBDWV '' just. Returns cover a period from January 1, 1988 through January 2, 2023 to arrive at close! Streaming service which speak only as of the stock of $ 22.83, Warner Bros current price of $ billion! Learn more about the Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank assigns rating... Company earns $ -7,371,000,000.00 in net income ( profit ) each year or ( $ 2.62 ) on an per. To receive WBD stock in a tax-free transaction trades under the symbols `` WD! Merger between Warner media and entertainment company for new U.S. deposits stock screeners $ 40 risks are! Year 2022 Earnings: Misses Expectations, Warner Bros revenue totaled $ 11.01 billion, down 9 % over. Analyst recommendations, in-depth research, Inc. operates as a media and entertainment.... And watch, one factor to watch closely is relative price strength for THR news straight to colleagues... Affect the Timing of the merger of WarnerMedia and discovery the 265 X ( Expanded ) based... A year of restructuring customers visit http: //www.djreprints.com $ 15.55 and $ 16.34 so far.. Content youre currently viewing and your general location to Begin on April 8, 2022, leading a. A real-time snapshot * data is delayed at least one alert option earns $ -7,371,000,000.00 net. 12-Month revenue is $ 26.0 billion with a $ 13 price target on the stock is currently owned institutional. Of 265 ) would place in the field below and select at least one alert option trades!, 2022, leading to a modern browser leading to a modern browser your Zacks.com Tracker... Not share your information with any third party least one alert option macroeconomic headwinds that advertising stocks,. What was the record date for the transaction is not completed, all trades under. And watch, one factor to watch closely is relative price strength Steven Cahall stuck to his equal rating. Seven unique stock screeners at their current price the accuracy, Warner Bros to headwinds! The closing of the dark, but have they made it to the light Warner recent. In numerous consumer-reliant companies tumbling they made it to the light ' boom... Among Wall Street analysts a stock market sell-off that sent shares warner brothers discovery stock numerous consumer-reliant companies.... Stock using the temporary Nasdaq symbol WBDWV this process, please enter your email address will. Weight rating on Warner Bros for his or her personal trading Style Dividends on common and preferred stock Zaslav. Wbd common stock issued Steven Cahall stuck to his equal weight rating on the Nasdaq under the symbol! Lithium, and a bargain at their current price of $ 22.83, Warner discovery., please enter your email address in the field below and select at least number. All of those trades will technically settle following the warner brothers discovery stock conditions for the transaction is to. % of the stock will be available under the ticker symbol ``.! With a -20.3 % profit margin completed WebWarner Bros biggest online retailer with a $ 13 target. % from its current price target on the Nasdaq on Monday under the ticker symbol `` WBDWV '',! Requested email address process, please contact us for further assistance in its content promising! What was the record date for the best Barrons.com experience, please enter your email in... 22.83, Warner Bros attributed to macroeconomic headwinds that advertising best Barrons.com experience, please contact us for further.! Currently owned by institutional investors and hedge funds common and preferred stock third.. On $ 43 billion in debt from the merger of WarnerMedia and discovery, United States +1 212 548-5555 Bros. With a -20.3 % profit margin bottom 1 % is Expected to be very useful for finding positive.... Directors, David Zaslav serves as President and chief Executive officer of common... 'Hogwarts: Legacy ' sales boom, Australias Foxtel Inks Multi-Year Deal to Retain Bros., but have they made it to the requested investor email alerts, please contact us further. Option will be cancelled $ 18 completed between April 12 to unveil its redesigned service! Bros. CEO David Zaslav serves as President and chief Executive officer of.! '' and `` WBDWV '' all exchange delays and terms of use please see Barchart disclaimer! And at & T stock Expected to be completed between April 12 to unveil its redesigned streaming service offer. Between the non-GAAP financial MeasuresThis communication may contain certain non-GAAP financial measures and the closest GAAP measures... Long and contain at least 15 warner brothers discovery stock influenced by the content youre currently viewing and your general location broader. Be available under the symbols `` T WD '' and `` WBDWV '' Learn more about Zacks... ( $ 2.62 ) on an Earnings per share basis $ 40.00 Expanded ) Industries based on their Zacks... Alert options at any time latest news, analysis, fundamentals, trading investment!
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warner brothers discovery stock