Warner Music Group (WMG) to Announce Earnings on Thursday

Warner Music Group (NASDAQ:WMG) is expected to post its Q3 2026 results after the market closes on Thursday, August 6th. Analysts expect Warner Music Group to announce earnings of $0.38 per share and revenue of $1.8095 billion for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Warner Music Group (NASDAQ:WMG) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.14. Warner Music Group had a return on equity of 62.01% and a net margin of 6.34%.The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the firm posted $0.07 earnings per share. Warner Music Group’s revenue was up 16.7% compared to the same quarter last year. On average, analysts expect Warner Music Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Warner Music Group Stock Performance

Warner Music Group stock opened at $29.20 on Thursday. Warner Music Group has a 12-month low of $23.34 and a 12-month high of $35.42. The company has a quick ratio of 0.71, a current ratio of 0.73 and a debt-to-equity ratio of 5.62. The business’s 50-day moving average price is $29.08 and its two-hundred day moving average price is $28.92. The stock has a market cap of $15.23 billion, a PE ratio of 34.35, a P/E/G ratio of 0.42 and a beta of 1.30.

Warner Music Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 26th were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.6%. Warner Music Group’s dividend payout ratio is 89.41%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on WMG. JPMorgan Chase & Co. raised their price target on shares of Warner Music Group from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Warner Music Group in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Warner Music Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Warner Music Group in a research note on Friday, May 8th. Finally, Evercore reiterated an “outperform” rating and set a $43.00 price target on shares of Warner Music Group in a report on Friday, May 8th. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $38.43.

Institutional Trading of Warner Music Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ossiam acquired a new position in Warner Music Group during the 3rd quarter worth about $223,000. Blair William & Co. IL bought a new stake in shares of Warner Music Group in the 3rd quarter valued at about $205,000. Kestra Advisory Services LLC bought a new stake in shares of Warner Music Group in the 4th quarter valued at about $127,000. Federation des caisses Desjardins du Quebec increased its stake in shares of Warner Music Group by 12.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,783 shares of the company’s stock valued at $116,000 after buying an additional 405 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of Warner Music Group in the fourth quarter valued at about $82,000. 96.88% of the stock is currently owned by institutional investors and hedge funds.

Warner Music Group Company Profile

Warner Music Group is a major global music company that operates across recorded music and music publishing. Its recorded-music business comprises a portfolio of well-known labels—including Atlantic, Warner Records and Parlophone—as well as distribution and artist-services operations that support both established and emerging artists. The company’s publishing arm, Warner Chappell Music, manages songwriting catalogs and administers rights for compositions across multiple media, providing licensing for film, television, advertising and other commercial uses.

WMG’s activities span the full music value chain: signing and developing artists, producing and marketing recordings, distributing music through physical channels and streaming platforms, and monetizing rights through licensing, synchronization and neighboring-rights collection.