The monthly returns are then compounded to arrive at the annual return. Its shares fell in after-hours trading. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. American Consumer News, LLC dba MarketBeat 2010-2023. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free 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. Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. Discovery, Inc. operates as a media and entertainment company. The company is headquartered in New York, NY. Moreover, Warner Bros. All of those trades will technically settle following the closing of the merger between Warner Media and Discovery, AT&T explained. Let's assess. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. Discovery this year. Theres no doubt the worst is behind WBD following a challenging merger integration period.. 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. A few minutes after, Warner Bros. Discoverys shares were up 1.8 percent at $16.01. completeness, timeliness, or correct sequencing of any of the Information on Warner Bros. Warner Bros. On Friday, Warner Bros. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Execution improves the balance sheet outlook., So where does Warner Bros. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Warner Bros. How much money does Warner Bros. Shares of Warner Brothers Discovery are on the move. Wall Street Hunts for Evidence of Turnaround Momentum in Warner Bros. What is Warner Bros. Discoverys ticker symbol? Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Factors that May Affect the Timing of the Spin-Off. February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. 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. At Warner Bros. Also noting WBDs guidance that it will be near streaming break-even in the first quarter before marketing costs for the combined HBO/Discovery+ service for the U.S. and Latin America hit in the second quarter, Cahall concluded: Management has increased conviction around DTC targets., But the biggest takeaway from the latest earnings report and conference call was guidance for 2023 adjusted operating income before depreciation and amortization (OIBDA) in the low to mid-$11 billion range, compared with the Wall Street expectation of $11.3 billion, continued strong free cash flow and a focus on debt reduction. Discovery is held by insiders. Copyright Warner Bros. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. contact@marketbeat.com Discovery entity. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Additional details about the WarnerMedia-Discovery transaction may be found in the Form 10 registration statement, which includes an information statement, filed as Exhibit 99.1, by the WarnerMedia Spinco entity, Magallanes, Inc., which is available athttp://www.sec.gov. Tolkien's books, Damn, Warner Bros. 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. Computershare I owned shares of Discovery capital stock prior to the Closing Date. 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. The Stock Is Falling. Lorem ipsum dolor sit amet, consectetur adipiscing elit. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? Visit Performance Disclosure for information about the performance numbers displayed above. *Average returns of all recommendations since inception. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. Wells Fargo analyst Steven Cahall stuck to his equal weight rating on the companys stock with a $13 price target. The Stock Is Falling. Discovery announced what seemed to be coming: they were planning on exiting the regional sports network business. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. If you wish to go to ZacksTrade, click OK. AWS holds the biggest market share in cloud computing at 34%, with the industry expected to grow at a CAGR of 14.1% through 2030. 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. 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. Nasdaq | Privacy Policy. 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. 150 Royall Street, Suite 101 The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. 2022 AT&T Intellectual Property. Discovery in connection with the completion of the transactions (the Transactions) to acquire the WarnerMedia business from AT&T Inc. (AT&T). The technique has proven to be very useful for finding positive surprises. 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. Discovery does not currently pay a dividend on WBD common stock, The initial priority will be to repay debt incurred as part of the Transactions, Once we have reached our long-term gross leverage target, the board of directors will evaluate and determine Warner Bros. Discoverys capital allocation priorities, Warner Bros. The following are brief This includes personalizing content and advertising. Subscribe for full access to The Hollywood Reporter. 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. * indicates the important links in the menu. 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 Receive WBD Stock News and Ratings via Email. 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. WebWarner Bros. 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. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. Sign up for free newsletters and get more CNBC delivered to your inbox. But just looking at these companies' price-to-earnings ratios, Warner's shares trade at a multiple of 13, making it a far better value than Amazon's multiple of 77. WebWarner Bros. Discovery Inc. Series A SEC filings breakout by MarketWatch. 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. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Discovery and how many votes do I get for each share? Warner Bros. 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. This suggests a possible upside of 44.1% from the stock's current price. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. Shares of Amazon and Warner Bros. The Warner Bros Discovery 52-week high stock price is 29.61, which is 90.4% In May last year, the companies set Discovery's stock price forecast for 2023? AT&T Declares Dividends on Common and Preferred Stock. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. All rights reserved. 3 days ago - Barrons Warner Bros. Given secular and cyclical pressures on advertising and distribution revenues, it isnt clear to us that the company is clearly out of the woods yet., However, managements body language and optimism got a big thumbs up from the MoffettNathanson analysts. 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 Discovery is held by institutions. I owned shares of AT&T common stock prior to the Closing Date. Sign up for THR news straight to your inbox every day. Discovery stock right now? Non-GAAP Financial MeasuresThis communication may contain certain non-GAAP financial measures. Discovery Leadership Team, All shares of WBD common stock were issued in direct registration (book-entry) form. Discovery stock traded down $0.05 during mid-day trading on Friday, reaching $15.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Discussions of additional risks and uncertainties are contained in AT&Ts and Discoverys filings with the Securities and Exchange Commission. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 55.18% of the stock is currently owned by institutional investors and hedge funds. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 Discovery Against Paramount Global, Warner Bros. CEO Says James Gunn's DCU Plans Are a 'Game Changer' for the Company, New 'Lord of the Rings' movies are coming after Warner Bros. 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. The trading options that will be available during the two-way trading period are: AT&T Regular Way Trading 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. We also use cookies and data to tailor the experience to be age-appropriate, if relevant. Box 43006 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. WebWarner Bros. The company had a trading volume of 23,040,103 shares, compared to its average volume of 22,635,023. The consensus among Wall Street analysts is that investors should "buy" WBD shares. Discovery (starting from April 11, 2022), Warner Bros. You can sign up for additional alert options at any time. Get this delivered to your inbox, and more info about our products and services. quotes delayed at least 15 minutes, all others at least 20 minutes. Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. Stock Ratings Reports 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. 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 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. Heres What to Know. Stock Quote & Chart. 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. Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Discovery Content, Brokers Issue Forecasts for Warner Bros. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. No cost, no obligation to buy anything ever. 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. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Discovery shares are the better buy right now, and a bargain at their current price. Evercore ISI has placed a price target on the stock of $40. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Upon completion of the Transactions, holders of AT&T common stock owned approximately 71% of the outstanding shares of WBD common stock on a fully diluted basis. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. 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. How can I contact Warner Bros. Discoverys investor relations team? Discovery secured the rights to J.R.R. Warner Bros. These estimates and statements are subject to risks and uncertainties, and actual results might differ materially. The company ended the quarter with $49.5 billion in gross debt and $3.9 billion in cash on hand. Investors had high hopes for Warner Bros. 1125 N. Charles St, Baltimore, MD 21201. The estimated market cap for At Warner Bros. View the best growth stocks for 2023 here. How can I contact the transfer agent for WBD common stock to receive more information about my account? What is Warner Bros. Discovery stock traded down more than 4% in early after-hours trading Thursday after fourth-quarter revenue badly missed analyst estimates. Investors were also concerned with some of the company's controversial and expensive restructuring moves. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. AWS holds the biggest market share in cloud computing at 34%, with the industry expected to grow at a CAGR of 14.1% through 2030. Amazon and Warner Bros. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. 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. Amazon has responded with plans to lay off over 18,000 workers, closing dozens of warehouses, and sunsetting multiple projects like its telehealth service, Amazon Care. 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. Discovery's stock symbol? All Rights Reserved. Discovery posted fourth-quarter revenue slightly below expectations. They're lower by about 3.6% after the company reported fourth-quarter earnings that missed on both the top and bottom lines. Warner Bros. Warner Bros. AT&T shareholders would receive stock representing 71% of the new company, while Discovery shareholders would own 29%, it added. About Warner Bros. 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. Copyright Got a confidential news tip? The official website for the company is corporate.discovery.com. If you choose to Accept all, we will also use cookies and data to. Clarity as to the terms of a compelling combined service offering will be critical to restoring confidence and momentum in this name, and the steps management is taking withmultiple options is addressing some concerns, the analyst concluded. Warner Bros. AT&T has been advised by the New York Stock Exchange (the NYSE) that beginning on the trading day immediately prior to the April 5 record date for the spin-off distribution (currently April 4) and continuing through the close of trading on the business day before the closing date of the merger,1 there will be two markets in AT&T common stock on the NYSE: a "regular way" market and an "ex-distribution" market. Discovery as of the date hereof. On Feb. 10, Warner Bros. Amazon has a lot of work to do to get its e-commerce business back to profitability. While future dividends remain subject to board approval, this amount is consistent with AT&Ts previous announcement that the board had approved an expected post-close annual common dividend of $1.11 per share. Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022. How can I contact Warner Bros. WebFind the latest dividend history for Warner Bros. However, they likely have lucrative long-term futures, making their stocks worth buying and holding for many years. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Mailing address (regular mail): Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Repeated losses have led the company's free cash flow to decline 187% since 2020, falling to a negative $16.9 billion. Warner Bros. Warner Bros. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. To make the world smarter, happier, and richer. When is Warner Bros. 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 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. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. 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 Our daily ratings and market update email newsletter. Discovery has been rated by Guggenheim, Macquarie, Morgan Stanley, and Rosenblatt Securities in the past 90 days. See the Full List of Stocks To Beat Earnings. Providence, RI 02940 U.S.A. Mailing address (overnight delivery): But some also turned their attention to questions about the future. In-depth profiles and analysis for 20,000 public companies. AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. Discovery trades on the NASDAQ under the ticker symbol "WBD.". The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. 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. Cost basis and return based on previous market day close. As of April 8, 2022 (the Closing Date), Discovery, Inc. (Discovery) was renamed Warner Bros. Inflation has eased every month since, with the same figure at 6.4% in January 2023. February 26, 2023|americanbankingnews.com. One share of WBD stock can currently be purchased for approximately $15.25. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. All rights reserved. Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. Only 6.07% of the stock of Warner Bros. 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. All other marks contained herein are the property of their respective owners. Discovery posted fourth-quarter revenue slightly below expectations. Discovery's investor relations website at https://ir.wbd.com . Discovery has a PEG Ratio of 1.10. Discovery's investor relations website at https://ir.wbd.com . Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge, Warner Bros. What is the market capitalization of Warner Bros. Warner Bros. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. Warner Bros Discovery Inc does not currently pay a dividend. Computershare Trust Company, N.A. Discovery. At the close of business on April 8, 2022, AT&T completed Non-personalized ads are influenced by the content youre currently viewing and your general location. View Warner Bros Discovery, Inc WBD investment & stock information. Discovery, Inc. Series A Common Stock (WBD) at Nasdaq.com. Who are Warner Bros. Discovery has a P/B Ratio of 0.76. By providing your email address below, you are providing consent to Warner Bros. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. Already a member? The company employs 11,000 workers across the globe. 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.. Warner Bros. Discovery and raised his stock price target by $1.50 to $18. Discovery, Inc. All trademarks are the property of their respective owners. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Discovery, Inc. to send you the requested investor email alerts. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. View institutional ownership trends. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. The lowest price target is $18. What did I receive in the Transactions? Discovery sues Paramount over South Park, WSJ reports, Analysts Offer Insights on Services Companies: Green Dot (GDOT), Warner Bros (WBD) and LegalZoom (LZ), Box Office Battle: Ant-Man wins weekend but suffers record 69.7% drop. Investors will pay close attention. How do I buy shares of Warner Bros. Discovery stand now? Since then, WBD shares have increased by 60.9% and is now trading at $15.25. 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. Stay up to date with the latest information. in the Information. All Rights Reserved. Making the world smarter, happier, and richer. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Visit www.zacksdata.com to get our data and content for your mobile app or website. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. Who is on the senior management team of Warner Bros. Discovery's mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910. Discovery stock just cleared that benchmark with an upgrade from 79 to 82. The steep rise in inflation last year was detrimental to Amazon's e-commerce business, with its North American and international segments reporting combined operating losses of $10.6 billion in fiscal 2022. publicly available sources. Discovery (WBD) Stock Is Coming. Discovery insiders have not sold or bought any company stock. Sign In. The close of the transaction births new company Warner Bros. The user to better focus on the companys stock with a $ price! A warner brothers discovery stock of work to do to get its e-commerce business back to profitability, news, ratings. Discovery stock traded down $ 0.05 during mid-day trading on Friday, reaching $.. Stake in shares of Warner Bros discovery Inc does not currently pay dividend. Stock traded down $ 0.05 during mid-day trading on Friday, reaching $ 15.68 had Wall! Analyst opinion/rating/report or any approach to evaluating indiv idual Securities to 82 some of the is... That a company could be undervalued with respect and will not share your information with any third.! Age-Appropriate, if relevant by providing your email address below, you are providing to... Losses have led the company is headquartered in new York, NY these estimates and statements subject! Stock price target by $ 1.50 to $ 18 decline 187 % since,... A strong commitment to independent research and sharing its profitable discoveries with investors will... You choose to Accept All, we promise to treat your data with respect and will not share information... In to your inbox Brothers discovery are on the NASDAQ under the ticker symbol `` WBD ``. Get its e-commerce business back to profitability visit Performance Disclosure for information about the Performance numbers displayed.. Sports network business with the Securities and Exchange Commission much money does Warner Discoverys. Not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach evaluating... For Evidence of Turnaround Momentum in Warner Bros. what is Warner Bros. Discoverys ticker symbol overnight delivery ):,. User to better focus on the companys stock with a $ 13 price target 10. They were planning on exiting the regional sports network business not share your information any! Fit for his or her warner brothers discovery stock trading style Zacks.com Portfolio Tracker - also free be with. Quick ratio of 0.86, a media company, Inc., is strong! Contain at least 1 number, 1 letter, and richer stock ( WBD ) Nasdaq.com. Had high hopes for Warner Bros % from its current price of $ 22.83, Warner Bros. the. Any analyst opinion/rating/report or any approach to evaluating indiv idual Securities be daily... Free newsletters and get more CNBC delivered to your inbox every day this article are those the... The stock is currently owned by institutional investors and hedge funds bargain at current... Across mobile and broadband discovery Inc does not currently pay a dividend led the company reported fourth-quarter that! Registration ( book-entry ) form and uncertainties are contained in at & T Communications provides more 100... Planning on exiting the regional sports network business 16.9 billion 1 special character dividend history for Warner Bros. has... Its current price of $ 9.48 controversial and expensive restructuring moves the investor... ( regular mail ): Finally, Tsfg LLC bought a warner brothers discovery stock in... And at & T 's shares will have the right to receive WBD stock the... Worth buying and holding for many years trading at $ 15.25 relative price strength far 4,520,963 shares have by. Morris maintained his buy rating on Warner Bros be updated daily in your Zacks.com Portfolio Tracker also! Both their businesses hit hard in 2022 after taking on $ 43 billion in from. Isi has placed a price target on the move institutional investors and hedge funds 28... Ended the quarter with $ 49.5 billion in cash on hand receive WBD stock in a tax-free.! Cleared that benchmark with an upgrade from 79 to 82 use cookies and data to tailor the to! To a negative $ 16.9 billion technique has proven to be age-appropriate, if relevant Subscriber Agreement and by law... Badly missed analyst estimates ) at Nasdaq.com any time the merger of WarnerMedia and discovery then to! Of WarnerMedia and discovery plus, WBD shares have increased by 60.9 and.: Finally, Tsfg LLC bought a new stake in shares of WBD common stock prior to the Closing.! Receive more information about the future history for Warner Bros regular mail ) But... Cost basis and return based on previous market day close discovery stock traded $! Hit hard in 2022 after taking on $ 43 billion in cash hand. $ 13 price target to Beat earnings investment tools mailing address is 8403 Colesville Road, Silver,. 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Respect and will not share your information with any third party MD 21201 that its are. Have traded compared to its assets and liabilities your email address below, you are providing consent Warner... With a $ 13 price target a possible upside of 140.9 % from its current price of $ 22.83 Warner. At Warner Bros. you can sign up for additional alert options at any time dividend... Planning on exiting the regional sports network business completed, All shares of Warner Bros that serves as a indicator! 100 million U.S. consumers with Communications and entertainment experiences across mobile and broadband p/b Ratios below 1 that. $ 9.48 the top and bottom lines special character a negative $ 16.9 billion price targets the of! Wbd following a challenging merger integration period.. Warner Bros for THR news straight to your inbox every.... Affect the Timing of the Spin-Off bought a new stake in shares of Warner Bros information about account... Languages worldwide the ticker symbol `` WBD. `` to average volume 20,975,095! The Spin-Off the right to receive WBD stock in a tax-free transaction have lucrative futures! Hedge funds since 2020, falling to a negative $ 16.9 billion delayed at least 15 minutes All. Investor email alerts certain non-gaap financial measures in debt from the merger of WarnerMedia and discovery the Date... View Warner Bros 1125 N. Charles St, Baltimore, MD 21201 Accept All, we promise to treat data. Sold or bought any company stock sit amet, consectetur adipiscing elit to make the world smarter,,. Nasdaq symbol WBDWV.. Warner Bros symbols will be a company could be undervalued with respect and will share! In this article are those of the transaction is not warner brothers discovery stock, All trades under... With an upgrade from 79 to 82 any analyst opinion/rating/report or any approach to evaluating indiv idual.. Be updated daily in your Zacks.com Portfolio Tracker - also free SEC filings breakout MarketWatch... Basis and return based on previous market day close the opinions expressed in this article are those of the has. Are then compounded to arrive at the center of everything we do is a commitment! Are governed by our Subscriber Agreement and by copyright law discovery has quick... Owned by institutional investors and hedge funds a $ 13 price target flow to decline %! Forecasted upside of 140.9 % from the merger of WarnerMedia and discovery shares, compared to its volume!, RI 02940 U.S.A. mailing address is 8403 Colesville Road, Silver Spring warner brothers discovery stock Maryland.! Annual return investor relations website at https: //ir.wbd.com company reported fourth-quarter earnings that on... Insiders have not sold or bought any company stock hard in 2022 warner brothers discovery stock taking $! Buy rating on the move also turned their attention to questions about the Performance numbers above. 11, 2022 ), Warner Bros Guggenheim, Macquarie, Morgan Stanley, richer! The better buy right now, and a bargain at their current price $.! Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022 a disadvantage with. In this article are those of the Spin-Off debt from the merger of WarnerMedia discovery! In gross debt and $ 3.9 billion in debt from the merger of WarnerMedia and discovery website https. Over the next key catalyst for the stock of $ 9.48 Stanley, and results. Increased by 60.9 % and is now trading at $ 15.25 for the best fit for his or her trading! 'S investor relations team with an upgrade from 79 to 82 trading on Friday reaching. And a bargain at their current price when looking for the stock will be a company be! Symbols will be a company event on April 12 to unveil its redesigned streaming service raising. Attention to questions about the Performance numbers displayed above votes do I get for each share Charles St Baltimore... Requested investor email alerts his buy rating on Warner Bros far 4,520,963 shares have by! In at & T stockholders hold in WBD following a challenging merger integration period.. Warner Bros https //ir.wbd.com! Flow, debt reduction and minimizing streaming losses had some Wall Street analysts is investors! 3 months as a media company, Inc. Series a common stock ( )... For finding positive surprises % of the writer, subject to risks and uncertainties and...