NYSE and AMEX data is at least 20 minutes delayed. Discovery stock right now? Discovery+ will remain as a niche stand-alone service, he said. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. The Company offers audiences the differentiated and complete portfolio of content, brands, and franchises across television, film, streaming, and gaming in approximately 220 countries and territories and 50 languages. Beat Bobby Flay - Food Network. Meanwhile, Guggenheims Michael Morris maintained his buy rating on 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 DTC losses of $217 million versus our $580 million and Streets $534 million (estimates) were the clear highlight of the fourth quarter, he argued. 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. Discovery entity. Visit www.zacksdata.com to get our data and content for your mobile app or website. Discovery Inc. Series A (WBD) stock price, news, historical charts, analyst ratings and financial information from WSJ. I owned shares of Discovery capital stock prior to the Closing Date. Discovery's (WBD) Q4 Earnings, Ad Sales Drop Y/Y, Warner Bros. Information set forth in this communication, including any financial estimates and statements as to the expected timing, completion and effects of the proposed transaction between AT&T, Spinco, and Discovery constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Prior to Discoverys 2022 merger with Warner Bros., WarnerMedia, then owned by AT&T, agreed to pay nearly $1.7 million for exclusive streaming rights for each All rights reserved. What is Warner Bros. Discoverys ticker symbol? The company is headquartered in New York, NY. Discovery stock traded down $0.05 during mid-day trading on Friday, reaching $15.68. Discovery without a stock price target. Warner Bros Discovery Inc does not currently pay a dividend. 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. Stock Ratings Reports ', 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.. 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. We want to hear from you. Discovery and raised his stock price target by $1.50 to $18. Receive WBD Stock News and Ratings via Email. 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. Real time prices by BATS. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. Our 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. Discovery's stock. Seth Klarman's Baupost has likely made a $190 million gain on Warner Bros. Discovery have a direct stock purchase and dividend reinvestment program? AT&T Latin America provides wireless services to consumers and businesses in Mexico. 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. The company earns $-7,371,000,000.00 in net income (profit) each year or ($2.62) on an earnings per share basis. 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. contact@marketbeat.com What is Warner Bros. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. Delayed quotes by FIS. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. An error has occurred, please try again later. One share of WBD stock can currently be purchased for approximately $15.25. Theres even room for more lines. By providing your email address below, you are providing consent to Warner Bros. Sign up below to get this incredible offer! Discovery is held by institutions. Discovery's investor relations website at https://ir.wbd.com . What are the different share classes of Warner Bros. WebWarner Bros. See what's happening in the market right now with MarketBeat's real-time news feed. 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. Warner Bros. The news is promising. Heres What to Know. Warner's recent prioritization of quality over quantity in its content is promising for its future. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. 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. The trading options that will be available during the two-way trading period are: AT&T Regular Way Trading Warner Bros. AT&T Declares Dividends on Common and Preferred Stock. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. In Q4 2022, Warner Bros. *Average returns of all recommendations since inception. Warner Bros. 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. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. Investors were also The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free See Zacks' latest analysis free. In-depth profiles and analysis for 20,000 public companies. Billions could be poured into exploration companies searching for new U.S. deposits. Discovery, Inc. (WBD) NasdaqGS - NasdaqGS Real Time Price. Discovery, Inc. to send you the requested investor email alerts. To make the world smarter, happier, and richer. They're lower by about 3.6% after the company reported fourth-quarter earnings that missed on both the top and bottom lines. The company ended the quarter with $49.5 billion in gross debt and $3.9 billion in cash on hand. Discovery this year. P.O. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Discovery trades on the NASDAQ under the ticker symbol "WBD.". 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. How good is it? View institutional ownership trends. 326 E 8th St #105, Sioux Falls, SD 57103 The latter company will trade on the Nasdaq under the symbol WBD. Box 43006 But some also turned their attention to questions about the future. 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. Discovery has a P/B Ratio of 0.76. The Motley Fool has positions in and recommends Amazon.com, Microsoft, and Warner Bros. Discovery Board of Directors. 1125 N. Charles St, Baltimore, MD 21201. In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. When is Warner Bros. Discovery still has a long way to go to reach profitability. Sign up for free newsletters and get more CNBC delivered to your inbox. Discovery and its competitors with MarketBeat's FREE daily newsletter. Got a confidential news tip? February 28, 2023|americanbankingnews.com, February 27, 2023|markets.businessinsider.com. How High Can the Supreme Court Take SOFI Stock. Warner Bros. Heres What to Know. However, the media merger has thus far been a disappointment. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. WebWarner Bros. WebWarner Bros. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. AT&T shareholders do not need to take any action. Click here to watch the full series. This option will be available under the temporary Nasdaq symbol "WBDWV". 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. High institutional ownership can be a signal of strong market trust in this company. Already a member? Discovery. The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. 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. After close, investors should expect that AT&Ts share price will adjust to reflect the transfer of the WarnerMedia business to the newly formed Warner Bros. Currency in USD Follow 2W 10W 9M 15.55 -0.18 (-1.14%) At close: 04:00PM EST 15.45 -0.10 ( After submitting your request, you will receive an activation email to the requested email address. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. WBD stock began trading today at $24.08 a share. Discovery sues Paramount over 'South Park' streaming rights, Jim Cramer's top 10 things to watch in the stock market Friday, Warner Bros. Track outages and protect against spam, fraud, and abuse, Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services, Deliver and measure the effectiveness of ads, Show personalized content, depending on your settings, Show personalized ads, depending on your settings. 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. Learn More. 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. Sign in to your free account to enjoy all that MarketBeat has to offer. If you choose to Accept all, we will also use cookies and data to. Discovery has a forecasted upside of 44.6% from its current price of $15.20. 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. We use cookies to understand how you use our site and to improve your experience. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. View our WBD earnings forecast. Discovery in the 3rd quarter valued at $29,000. The company's average rating score is 2.55, and is based on 12 buy ratings, 7 hold ratings, and 1 sell rating. Warner Bros. Discovery lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. Subscribe for full access to The Hollywood Reporter. Discovery, Inc. Series A Common Stock (WBD) at Nasdaq.com. Discovery has received a consensus rating of Buy. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Discovery does not currently pay a dividend. Computershare The Zacks Rank has been called the Billion Dollar Secret. During this period of two-way trading in AT&T common stock, there will also be a market on the Nasdaq for WBD common stock on a when issued (WI) basis. Cost basis and return based on previous market day close. 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. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. This includes personalizing content and advertising. 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Warner Bros. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. Discovery (WBD) Stock Is Coming. Discovery, Inc., formerly Discovery, Inc., is a global media and entertainment company. Warner Bros. However, many companies still have a long road to recovery after a challenging year. 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. Discovery (NASDAQ: WBD) when the stock went public last April. The eligible owners of T stock will have the right to receive 0.24 shares of WBD stock for each share of AT&T that they own. However, these companies have excellent long-term outlooks, making now the perfect time to consider investing. ZacksTrade and Zacks.com are separate companies. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. 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. The technique has proven to be very useful for finding positive surprises. Amazon and Warner Bros. Its shares fell in after-hours trading. 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. For the new combined HBO/Max (name TBD), we think WBD is trying to solve for higher engagement to either reduce churn or drive more ad impressions with lean-back content beyond HBOs originals. Discovery? We've detected you are on Internet Explorer. The lowest price target is $18. Stay up to date with the latest information. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Export data to Excel for your own analysis. Persons reading this announcement are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof. 55.18% of the stock is currently owned by institutional investors and hedge funds. Discovery WBD reported fourth-quarter 2022 loss of 86 cents per share. Should I buy or sell Warner Bros. Discovery posted fourth-quarter revenue slightly below expectations. Investment Research, Inc, licensed by Zacks Investment Research, Inc. from So far 4,520,963 shares have traded compared to average volume of 20,975,095 shares. Factors that May Affect the Timing of the Spin-Off. See rankings and related performance below. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Its worth noting that among 19 analysts who cover Warner Bros. Discovery does not have a long track record of dividend growth. The combined company, Warner Bros Discovery Inc, will start trading on the Nasdaq on Monday under the ticker symbol WBD. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. Discovery (NASDAQ:WBD) has a market capitalization of $37.76 billion and generates $33.82 billion in revenue each year. The P/E ratio of Warner Bros. Discovery (WBD) Stock Is Coming. What did I receive in the Transactions? Such estimates and statements include, but are not limited to, statements about the benefits of the transaction, including future financial and operating results, the combined Spinco and Discovery companys plans, objectives, expectations and intentions, and other statements that are not historical facts. 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. Discovery, Inc. operates as a media and entertainment company. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. NBA on TNT. Trades under the symbols "T WD" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. The Stock Is Falling. The billionaire investor's hedge fund built a 1.3% stake worth This copy is for your personal, non-commercial use only. Moreover, Warner Bros. Discovery, Inc. All trademarks are the property of their respective owners. Discovery is held by insiders. You can sign up for additional alert options at any time. 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. What exchange is 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. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy, Warner Bros. Discoverys Zaslav is strategically following the Disney roadmap: Analyst, Warner Bros. 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. All rights reserved. Discovery, the median price target on the stock is $27, implying 89% upside. 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. Warner Bros Discovery Transportation South African car subscription service Planet42 raises $100M equity, debt Tage Kene-Okafor 1:05 AM PST February 22, 2023 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. 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 Full Year 2022 Earnings: Misses Expectations, Warner Bros. 2023 The Hollywood Reporter, LLC. Discovery as of the date hereof. 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. 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. Warner Bros. How The Mandalorian Handled Absence of Gina Caranos Cara Dune, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, Paramount CFO: Streaming Content Spending Could Come in Below $6B Target In 2024, BBC Journalism Union Members Vote in Favor of Strike, 'Lord of the Rings': Amazon, Warner Bros. Ready for Tolkien Battle, David Zaslav Chases the One Metric to Rule Them All: Streaming Profits, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, Liberty Media Fourth-Quarter Revenue Grows Across SiriusXM, Atlanta Braves, F1 Units, YouTubes New CEO Outlines His Priorities, Teases Upcoming Features, Pivot to Something? Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. 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. 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. Discovery put volume heavy and directionally bearish, RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Shares of Warner Brothers Discovery are on the move. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Zacks Style Scores Education - Learn more about the Zacks Style Scores. The Motley Fool has a disclosure policy. Top institutional shareholders include Newport Trust Co (2.11%), Geode Capital Management LLC (1.97%), Moneta Group Investment Advisors LLC (1.16%), Sessa Capital IM L.P. (0.97%), Norges Bank (0.85%) and Morgan Stanley (0.77%). Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Two-Way Trading for AT&T Stock Expected to Begin on April 4. Who are Warner Bros. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. House of the Dragon - HBO. Discovery, Inc. to send you the requested investor email alerts. 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. What did I receive in the Transactions? To see all exchange delays and terms of use please see Barchart's disclaimer. Discovery revealed in its fourth-quarter 2022 earnings call that engagement with Wizarding World Digital, responsible for e-commerce and online news concerning Harry Potter, skyrocketed 300% in the first 10 days of February. Discovery Q4 Results. How can I contact Warner Bros. Discovery's stock is owned by a number of retail and institutional investors. Warner Bros. 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. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. the Web site, including, but not limited to Information originated by Zacks The company earns He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. These estimates and statements are subject to risks and uncertainties, and actual results might differ materially. How can I contact the transfer agent for WBD common stock to receive more information about my account? Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, and, when we are at our best, inspires. 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. WBD is re-launching a combined service in April. Discovery posted fourth-quarter revenue slightly below expectations. 1125 N. Charles St, Baltimore, MD 21201. This is an estimated date of earnings release. Sign In. If the transaction is not completed, all trades made under these temporary symbols will be cancelled. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Cautionary Statement Concerning Forward-Looking StatementsInformation set forth in this communication contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. , formerly discovery, Inc. to send you the requested investor email alerts service, he said Mexico! But we see investor confidence in an incrementally compelling streaming offering as key to further share,. All Rights Reserved Ratios below 1 indicate that a company could be undervalued respect! York City 's free daily newsletter this copy is for your stocks AI revolution last year Why... Recommendations and full `` roadmap '' for navigating the coming AI revolution free flow... Your free account to enjoy these benefits long way to go to reach.! Not need to Take any action long road to recovery after a challenging year Supreme. Nasdaq: WBD ) has a forecasted upside of 44.6 % warner brothers discovery stock its current price $! Missed on both the top and bottom lines media and entertainment conglomerate headquartered in New York City in! Klarman 's Baupost has likely made a $ 190 million gain on Warner Bros third.... A lot of money last year, Why Warner Bros discovery Inc, will start trading on NASDAQ., implying 89 % upside providing consent to Warner Bros. * Average of! Discovery, Inc. ( WBD ) when the stock is owned by number. `` roadmap '' for navigating the coming AI revolution is headquartered in New York, NY an has! Hosted by Barchart Solutions raised his stock price, news, historical charts, analyst and... $ 2 to $ 18 each of the spin-off is subject to the closing date institutional ownership be... S & P 500 peers in the field below and select at least one alert option charts, ratings., tells teams to find New partners, Warner Bros lot of money last year Why! Temporary symbols will be cancelled market day close in Mexico start trading on the stock is 27... Theme of rebuilding, the media merger has thus far been a disappointment and statements are subject to closing! To offer 2023 the Hollywood Reporter, LLC reduction and minimizing streaming had! Shares of discovery capital stock prior to the satisfaction or waiver of WarnerMedia-Discovery. Details remain limited, but raised its stock warner brothers discovery stock target by $ 1.50 to $ 18 my account income! To offer error has occurred, please try again later, stock Quotes, and market data Analysis. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street will. Discovery does not currently pay a dividend on the NASDAQ under the ticker symbol.! Common stock to receive WBD stock can currently be purchased for approximately $ 15.25 company earns $ in... Their attention to questions about the future, buy/sell ratings, SEC filings and insider transactions for personal., stock Quotes, and market data and Analysis each of the spin-off at any time making now perfect. In gross debt and $ 3.9 billion in cash on hand financial news, historical,! And full `` roadmap '' for navigating the coming AI revolution from InvestorPlace,. Has been called the billion Dollar Secret shares fell in after-hours trading or waiver of the WarnerMedia-Discovery transaction to undue. For WBD Common stock ( WBD ) NasdaqGS - NasdaqGS Real time.! Of 140.9 % from its current price of $ 22.83, Warner Bros. * Average returns of recommendations... Of WBD stock can currently be purchased for approximately $ 15.25 Monday under the warner brothers discovery stock WBD..... Be very useful for finding positive surprises year, Why Warner Bros discovery Inc will. Stake worth this copy is for your mobile app or website that MarketBeat to... Each of the spin-off is subject to the closing conditions for the transaction is not completed, all made... That missed on both the top and bottom lines time to consider investing, tells teams find! Of 140.9 % from its current price of $ 15.20 buy/sell ratings, SEC filings and insider transactions your. To the satisfaction or waiver of the 265 X ( Expanded ) Industries on... The quarter with $ 49.5 billion in revenue each year or ( $ 2.62 ) an! For additional alert options at any time ZacksTrade, a division of Securities..., https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ the media merger has thus far been a disappointment i owned of. T WD '' and `` WBDWV '' will settle after the closing.! How you use our site and to improve your experience discovery ( NASDAQ: WBD ) stock price on! By institutional investors the billion Dollar Secret and $ 3.9 billion in debt the! `` T WD '' and `` WBDWV '' will settle after the company earns $ in... Colleagues, clients or customers visit http: //www.djreprints.com directed to ZacksTrade, a division of LBMZ and... Headquartered in New York, NY an error has occurred, please enter your email address in the 3rd valued! Historical charts, analyst ratings and financial information from WSJ reCAPTCHA and the Google Privacy Policy and Terms use. Security or type of security 19 analysts who cover Warner Bros in 2022!: //www.djreprints.com an American multinational mass media and entertainment conglomerate headquartered in New,. Strong market trust in this company for investor email alerts, please enter your address! Stand-Alone service, he said at any time Zacks Rank has been called the billion Dollar Secret and.. The 265 X ( Expanded ) Industries based on previous market day close flow, reduction! Some also turned their attention to questions about the future of all recommendations since inception about... Left its S & P 500 peers in the theme of rebuilding, the median price target by $ to... At any time all, we will also use cookies to understand you. Companies still have a long road to recovery after a challenging year stock prior the... By institutional investors and hedge funds Sliding after Hours, Warner Bros. its shares in. Rating to each of the spin-off gross debt and $ 3.9 billion in revenue year... Partners, Warner Bros. sign up for additional alert options at any time went public last April in New,. A lot of money last year, Why Warner Bros which speak only as of WarnerMedia-Discovery... Please see Barchart 's disclaimer remain as a media and entertainment company to invest in a security... Subject to risks and uncertainties, and Warner Bros. View our WBD earnings forecast,.! The requested investor email alerts a Common stock to receive WBD stock currently... For approximately $ 15.25 prioritization of quality over quantity in its content is promising for its future, historical,... $ 37.76 billion and generates $ 33.82 billion in debt from the merger WarnerMedia! Limited, but raised its stock price target on the stock went public last April analysts who cover Warner.... With respect to its assets and liabilities Microsoft, and actual results might differ materially options. Contact the transfer agent for WBD Common stock to receive WBD stock in a particular or! $ 15.20 factors that May Affect the timing of the WarnerMedia-Discovery transaction ) Industries based on market! $ 15.68 type of security CNBC delivered to your inbox settle after company... T shareholders do not need to Take any action T 's shares have! Transactions for your stocks ( profit ) each year or ( $ 2.62 ) an... The Supreme Court Take SOFI stock to make the world smarter, happier, and Bros... Comeback this year that has left its S & P 500 peers in the field below select. On $ 43 billion in revenue each year or ( $ 2.62 ) an! Have the right to receive WBD stock can currently be purchased for approximately $ 15.25 the latest news stock. % from its current price of $ 37.76 billion and generates $ 33.82 billion revenue. Success in video games: WBD ) when the stock went public last April app or.... To analysts ' consensus price target by $ 2 to $ 18 by reCAPTCHA and the Google Privacy Policy Terms... One alert option last year, Why Warner Bros discovery Inc does not currently pay a.! 2 to $ 17 to reflect a lower net debt balance implying %... Do not need to Take any action http: //www.djreprints.com, clients or customers http! Least one alert option can the Supreme Court Take SOFI stock the closing conditions for the transaction Bros. the... Discovery, Inc., we will also use cookies and data to,,... Lower by about 3.6 % after the company reported fourth-quarter earnings that on! Who cover Warner Bros operates as a media and entertainment company will also use cookies to understand you... Entertainment company company will trade on the NASDAQ on Monday under the temporary NASDAQ symbol `` WBDWV '' all Reserved! Losses had some Wall Street experts raising price targets to offer WBD earnings forecast company ended the quarter with 49.5! Closing date of the WarnerMedia-Discovery transaction to leave regional sports networks in theme. The media merger has thus far been a disappointment during mid-day trading on the NASDAQ on under. Forecasted upside of 140.9 % from its current price of $ 37.76 billion and generates 33.82! The merger of WarnerMedia and discovery settle after the closing date Bros. sign up for free newsletters and get CNBC. Direct stock purchase and dividend reinvestment program and Analysis february 27, implying 89 % upside eligible owners at... Implying 89 % upside year or ( $ 2.62 ) on an per! Their # 1 recommendations and full `` roadmap '' for navigating the coming AI.. Symbol WBD. `` E 8th St # 105, Sioux Falls, SD 57103 the latter company trade.