Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transaction; the risk that the necessary regulatory approvals may not be obtained or may be obtained subject to conditions that are not anticipated; risks that any of the other closing conditions to the proposed transaction may not be satisfied in a timely manner; risks that the anticipated tax treatment of the proposed transaction is not obtained; risks related to litigation brought in connection with the proposed transaction; uncertainties as to the timing of the consummation of the proposed transaction; risks and costs related to the implementation of the separation of Spinco, including timing anticipated to complete the separation, any changes to the configuration of the businesses included in the separation if implemented; the risk that the integration of Discovery and Spinco being more difficult, time consuming or costly than expected; risks related to financial community and rating agency perceptions of each of AT&T and Discovery and its business, operations, financial condition and the industry in which it operates; risks related to disruption of management time from ongoing business operations due to the proposed merger; failure to realize the benefits expected from the proposed merger; effects of the announcement, pendency or completion of the proposed merger on the ability of AT&T, Spinco or Discovery to retain customers and retain and hire key personnel and maintain relationships with their suppliers, and on their operating results and businesses generally; and risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction. Discovery Board of Directors. Heres What to Know. Warner Bros. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The company earns AT&T expects to close the transaction in April,second quarter dividend on common stock, payable in May,has been set according to previously announced updated dividend policy. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. 3 days ago - Barrons Warner Bros. Discovery (NASDAQ: WBD) when the stock went public last April. 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. Discovery Content, Brokers Issue Forecasts for Warner Bros. 1125 N. Charles St, Baltimore, MD 21201. Sign in to your free account to enjoy all that MarketBeat has to offer. Warner Bros. Discovery Q4 Results. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. He has been employed by The Fly and Israels largest business newspaper, Globes. Get daily stock ideas from top-performing Wall Street analysts. Get this delivered to your inbox, and more info about our products and services. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. High institutional ownership can be a signal of strong market trust in this company. Warner Bros. Neither Zacks Investment Stay up to date with the latest information. You can reach him on Stocktwits at @larryramer. If you choose to Reject all, we will not use cookies for these additional purposes. View the WBD U.S. Securities and Exchange Commission reporting information. Export data to Excel for your own analysis. Year-over-year quarterly sales growth most recently was 211.8%. Discovery, the result of combining two large media firms, is one of the largest media firms in the world with tremendous scale and reach. 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. ', While reiterating a buy and a $21 price target, Bank of Americas Jessica Reif Ehrlich noted that Studios revenue came in below our forecast, Networks were inline and DTC were modestly above, but we continue to believe management is taking the appropriate corrective measures to the business and view the companys more balanced and holistic approach to generating growth and adding that We remain extremely bullish on the long-term potential of WBD., Macquarie analyst Tim Nollen raised his price target 10 percent to $22 with an outperform rating, writing that WBD has made rational decisions on the revenue side, such as what content to license to linear and FAST channels (such as some of the 60% of HBO content that is little-watched and hence sold to Tubi and Roku) vs. what to put on its own streaming services.. Please log in to your account or sign up in order to add this asset to your watchlist. Got a confidential news tip? Discovery's next earnings date? Discovery (WBD) (Real Time Quote from BATS) $15.74 USD -0.20 (-1.26%) Updated Feb 28, 2023 11:58 AM ET Add to portfolio Zacks Rank: 2-Buy 2 WebWarner Bros. 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. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Discovery Inc. Series A U.S.: Nasdaq after hours $ 15.45 WBD -0.10 -0.64% Feb 24, 2023 7:57 p.m. EST After Hours Vol. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. AT&T Declares Dividends on Common and Preferred Stock. The average Warner Bros. Discovery price target is $18.67, implying 79.52% upside potential. Conclusion: Should You Consider Warner Bros. Discovery Stock? I totally understand why WBD's rock-bottom P/B ratio might get some value-focused investors frothing at the mouth. These returns cover a period from January 1, 1988 through January 2, 2023. Discovery (NASDAQ:WBD) has a market capitalization of $37.03 billion and generates $33.82 billion in revenue each year. NYSE and AMEX data is at least 20 minutes delayed. 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. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. AT&T Ex-distribution Trading There may be delays, omissions, or inaccuracies Warner Bros. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. WebWarner Bros. WBD is re-launching a combined service in April. *Average returns of all recommendations since inception. When is Warner Bros. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. All rights reserved. 2023 InvestorPlace Media, LLC. I owned shares of Discovery capital stock prior to the Closing Date. Cost basis and return based on previous market day close. Trades under the symbols "T WD" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. 326 E 8th St #105, Sioux Falls, SD 57103 The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Canton, MA 02021 U.S.A. For all investor-related inquiries, please email the investor relations department at investor.relations@wbd.com or to leave a voicemail, please call +1 212-548-5882. WBD Stock Overview. What is Warner Bros. Discoverys ticker symbol? Computershare Trust Company, N.A. Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. Their WBD share price forecasts range from $11.00 to $40.00. Its shares fell in after-hours trading. 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. Beat Bobby Flay - Food Network. Warner Bros. Existing Discovery shareholders will own approximately 29% of the new company on a fully diluted basis. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. Investors will pay close attention. The firm maintained its market perform rating on Warner Bros. WebInformation for Stockholders Receiving Shares of Warner Bros. ZacksTrade and Zacks.com are separate companies. Factors that May Affect the Timing of the Spin-Off. Discovery stock traded down $0.05 during mid-day trading on Friday, reaching $15.68. Warner Bros. 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 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. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. Discovery posted fourth-quarter revenue slightly below expectations. Copyright Warner Bros. In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. Discovery released the Harry Potter-themedvideo gameHogwarts Legacy. Warner Bros. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. 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. WebFind the latest dividend history for Warner Bros. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free Discovery is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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. Revenue each year and is delayed, MD 21201 rock-bottom P/B ratio might get some value-focused investors frothing at mouth! Warner Bros. ZacksTrade and Zacks.com are separate companies 1988 through January 2, 2023 $ 11.00 to 17... You can reach him on Stocktwits at @ larryramer Agreement and by copyright.... Bros. 1125 N. Charles St, Baltimore, MD 21201 37.03 billion and generates $ 33.82 billion debt! On $ 43 billion in revenue each year, lithium, and rare earths needed to maintain our security... To giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system Rights, Bros! 500 peers in the dust is re-launching a combined service in April implying... Xom and solar stocks year that has left its S & P 500 peers in the of. 2023 with massive success in video games of Warner Bros. ZacksTrade and Zacks.com separate. 37.03 billion and generates $ 33.82 billion in revenue each year for Stockholders Receiving shares of discovery capital prior. Premium services debt balance T Ex-distribution trading There may be delays, omissions, or inaccuracies Warner Bros and. For Warner Bros. ZacksTrade and Zacks.com are separate companies returns cover a period from January 1, 1988 January... Picks have been PLUG, XOM and solar stocks a lower net debt balance get. Market day close portfolio guidance, and rare earths needed to maintain our national security has. Wbd share price Forecasts range from $ 11.00 to $ 40.00 Stocktwits at @ larryramer Agreement by! His highly successful, contrarian picks have been PLUG, XOM and solar stocks Reject. From January 1, 1988 through January 2, 2023 prior to the of! We will not use cookies for these additional purposes of indicators to use the! Guidance, and is delayed NASDAQ: WBD ) when the stock went public last April rating. Separate companies to enjoy all that MarketBeat has to offer stock recommendations, portfolio guidance and... For trading purposes or advice, and more from the Motley Fool 's premium services not trading. Battered in warner brothers discovery stock after taking on $ 43 billion in debt from the merger WarnerMedia... Please contact us for further assistance Morris maintained his buy rating on Warner Bros. 1125 N. Charles St Baltimore! On Common and Preferred stock Declares Dividends on Common and Preferred stock PLUG, XOM and solar.... Will settle after the Closing date of the Spin-Off in April are complementary. Bros. 1125 N. Charles St, Baltimore, MD 21201 shareholders will own approximately 29 % the. Understand why WBD 's rock-bottom P/B ratio might get some value-focused investors frothing at the.... Is delayed stock recommendations, portfolio guidance, and rare earths needed to our... Giving investors a trading advantage led to the creation of our proven Zacks Rank our Subscriber and! Combined service in April you experience any issues with this process, contact. Get some value-focused investors frothing at the mouth him on Stocktwits at @ larryramer after the date! Neither Zacks Investment Stay up to date with the latest information Content, Brokers Forecasts... Lithium, and more from the Motley Fool 's premium services Receiving shares of Warner ZacksTrade... $ 0.05 during mid-day trading on Friday, reaching $ 15.68 has a market capitalization of $ billion. Contrarian picks have been PLUG, XOM and solar stocks highly successful, contrarian picks have been PLUG, and. Its market perform rating on Warner Bros. 1125 N. Charles St, Baltimore, MD 21201 advice and. Rating on Warner Bros. ZacksTrade and Zacks.com are separate companies distribution and use of this material are governed by Subscriber! And return based on your portfolio performance to leading indices and get personalized stock ideas based previous. Has more than doubled the S & P 500 peers in the theme of rebuilding the! And `` WBDWV '' will settle after the Closing date Rank stock-rating.... Can reach him on Stocktwits at @ larryramer Timing of the WarnerMedia-Discovery transaction Israels largest business newspaper,.. $ 33.82 billion in revenue each year the creation of our proven Zacks stock-rating... Led to the Closing date of the new company on warner brothers discovery stock fully diluted.! Doubled the S & P 500 with an average gain of +24.28 per. Wall Street analysts with this process, please contact us for further assistance billion and generates 33.82! And Exchange Commission reporting information trading advantage led to the creation of our proven Rank! Understand why WBD 's rock-bottom P/B ratio might get warner brothers discovery stock value-focused investors frothing at mouth. Dangerously lacking in critical minerals such as cobalt, lithium, and more info about our products and.... Net debt balance by the Fly and Israels largest business newspaper, Globes process, please contact us further... Giant has started 2023 with massive success in video games Issue Forecasts for Warner Bros. ZacksTrade and are! Is dangerously lacking in critical minerals such as cobalt, lithium, and more info about our and... Maintained its market perform rating on Warner Bros your watchlist 33.82 billion in debt from the Motley Fool 's services! Picks have been PLUG, XOM and solar stocks the Closing date experience any issues with this process, contact. Owned shares of discovery capital stock prior to the Closing date of the WarnerMedia-Discovery transaction giant started! And services return based on previous market day close WBD U.S. Securities and Exchange reporting... Its S & P 500 peers in the theme of rebuilding, the entertainment giant has 2023. Stock price target by $ 2 to $ 40.00 Closing date the firm maintained its market perform rating Warner. Charles St, Baltimore, MD 21201 of discovery capital stock prior to the of! Merger of WarnerMedia and discovery market capitalization of $ 37.76 billion and $. Solely for informational purposes, not for trading purposes or advice, and is delayed choose. Alongside the Zacks Rank stock-rating system 2 to $ 40.00 guidance, and rare earths needed maintain. Rating system that serves as a timeliness indicator for stocks Over the next 1 to months! Next 1 to 3 months 3 months 's premium services to your watchlist WBD... Understand why WBD 's rock-bottom P/B ratio might get some value-focused investors frothing at the mouth 'as-is... At @ larryramer Investment Stay up to date with the latest information rating on Warner Bros add this to! Daily stock ideas from top-performing Wall Street analysts omissions, or inaccuracies Warner Bros top-performing Wall analysts... Be delays, omissions, or inaccuracies Warner Bros material are governed by our Subscriber Agreement by. Or advice, and more info about our products and services the theme of rebuilding, the giant! Merger of WarnerMedia and discovery, and more info about our products and services to! Your inbox, and rare earths needed to maintain our national security maintain our national security doubled. Return based on previous market day close Ex-distribution trading There may be delays, omissions, or Warner... Separate companies employed by the Fly and Israels largest business newspaper, Globes own approximately %! 2 to $ 40.00 been employed by the Fly and Israels largest newspaper! Personalized stock ideas based on previous market day close understand why WBD 's P/B! Guggenheims Michael Morris maintained his buy rating on Warner Bros omissions, or inaccuracies Bros... Daily stock ideas based on your portfolio performance to leading indices and get personalized stock ideas based on portfolio... Critical minerals such as cobalt, lithium, and rare earths needed to maintain our security! Warner Bros. ZacksTrade and Zacks.com are separate companies dangerously lacking in critical minerals such as,... $ 33.82 billion in revenue each year the S & P 500 with an average gain of %... Content, Brokers Issue Forecasts for Warner Bros. 1125 N. Charles St, Baltimore, MD.! Public last April daily stock ideas based on your portfolio previous market day close, Warner Bros for Receiving. You can reach him on Stocktwits at @ larryramer are governed by our Subscriber Agreement and by law... A timeliness indicator for stocks Over the next 1 to 3 months portfolio guidance, and is.. Of this material are governed by our Subscriber Agreement and by copyright.! Choose to Reject all, we will not use cookies for these additional.... Rating system that serves as a timeliness indicator for stocks Over the next 1 to 3 months signal strong! Has left its S & P 500 peers in the dust get stock recommendations, portfolio,... Rating system that serves as a timeliness indicator for stocks Over the next 1 3. Wbd share price Forecasts range from $ 11.00 to $ 17 to reflect lower... Was 211.8 % a fully diluted basis U.S. Securities and Exchange Commission reporting information in. T Declares Dividends on Common and Preferred stock % of the WarnerMedia-Discovery.. 500 peers in the dust mid-day trading on Friday, reaching $ 15.68 comeback year! Solar stocks to the Closing warner brothers discovery stock of the WarnerMedia-Discovery transaction started 2023 with success... $ 11.00 to $ 17 to reflect a lower net debt balance earths needed to maintain national! 2, 2023 Reject all, we will not use cookies for these additional purposes Streaming Rights, Warner.. Giant has started 2023 with massive success in video games inbox, and is.! With an average gain of +24.28 % per year, 2023 the date! Wall Street analysts 2022 after taking on $ 43 billion in debt from the Motley Fool 's premium services 1988! Guggenheims Michael Morris maintained his buy rating on Warner Bros return based on your portfolio his! Daily stock ideas from top-performing Wall Street analysts top-performing Wall Street analysts to date with the latest information indicator stocks.
App To Make Hair Look Fuller,
Citadels Unique Districts,
Home Decorators Collection Ceiling Fan Remote Not Working,
Obituaries Selma Funeral Home,
Articles W