NYSE
WWE

World Wrestling Entertainment Inc

Entertainment
Communication Services

Prices are adjusted according to historical splits.

World Wrestling Entertainment Inc Stock Price

Vitals

Today's Low:
$98.07
Today's High:
$101.94
Open Price:
$99.51
52W Low:
$65.8456
52W High:
$118.04
Prev. Close:
$98.05
Volume:
1642037

Company Statistics

Market Cap.:
$8.37 billion
Book Value:
10.968
Revenue TTM:
$1.34 billion
Operating Margin TTM:
21.78%
Gross Profit TTM:
$561.30 million
Profit Margin:
12.64%
Return on Assets TTM:
13.07%
Return on Equity TTM:
25.05%

Company Profile

World Wrestling Entertainment Inc had its IPO on 1999-10-19 under the ticker symbol WWE.

The company operates in the Communication Services sector and Entertainment industry. World Wrestling Entertainment Inc has a staff strength of 890 employees.

Stock update

Shares of World Wrestling Entertainment Inc opened at $99.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $98.07 - $101.94, and closed at $100.65.

This is a +2.65% increase from the previous day's closing price.

A total volume of 1,642,037 shares were traded at the close of the day’s session.

In the last one week, shares of World Wrestling Entertainment Inc have increased by +4.25%.

World Wrestling Entertainment Inc's Key Ratios

World Wrestling Entertainment Inc has a market cap of $8.37 billion, indicating a price to book ratio of 11.6342 and a price to sales ratio of 4.2186.

In the last 12-months World Wrestling Entertainment Inc’s revenue was $1.34 billion with a gross profit of $561.30 million and an EBITDA of $341.24 million. The EBITDA ratio measures World Wrestling Entertainment Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, World Wrestling Entertainment Inc’s operating margin was 21.78% while its return on assets stood at 13.07% with a return of equity of 25.05%.

In Q2, World Wrestling Entertainment Inc’s quarterly earnings growth was a positive 15.8% while revenue growth was a positive 25.1%.

World Wrestling Entertainment Inc’s PE and PEG Ratio

Forward PE
26.3158
Trailing PE
47.9286
PEG
2.22

Its diluted EPS in the last 12-months stands at $2.1 per share while it has a forward price to earnings multiple of 26.3158 and a PEG multiple of 2.22. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into World Wrestling Entertainment Inc’s profitability.

World Wrestling Entertainment Inc stock is trading at a EV to sales ratio of 4.4418 and a EV to EBITDA ratio of 14.1523. Its price to sales ratio in the trailing 12-months stood at 4.2186.

World Wrestling Entertainment Inc stock pays annual dividends of $0.48 per share, indicating a yield of 0.48% and a payout ratio of 18.6%.

Balance sheet and cash flow metrics

Total Assets
$1.51 billion
Total Liabilities
$196.90 million
Operating Cash Flow
$16.23 million
Capital Expenditure
$45.90 million
Dividend Payout Ratio
18.6%

World Wrestling Entertainment Inc ended 2024 with $1.51 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.51 billion while shareholder equity stood at $909.30 million.

World Wrestling Entertainment Inc ended 2024 with $0 in deferred long-term liabilities, $196.90 million in other current liabilities, 800000.00 in common stock, $162.30 million in retained earnings and $0 in goodwill. Its cash balance stood at $317.70 million and cash and short-term investments were $523.80 million. The company’s total short-term debt was $18,300,000 while long-term debt stood at $20.62 million.

World Wrestling Entertainment Inc’s total current assets stands at $743.50 million while long-term investments were $12.01 million and short-term investments were $206.10 million. Its net receivables were $161.90 million compared to accounts payable of $-37000.00 and inventory worth $2.20 million.

In 2024, World Wrestling Entertainment Inc's operating cash flow was $16.23 million while its capital expenditure stood at $45.90 million.

Comparatively, World Wrestling Entertainment Inc paid $0.19 in dividends in 2024.

Other key metrics

Current Trading Price
$100.65
52-Week High
$118.04
52-Week Low
$65.8456
Analyst Target Price
$113.56

World Wrestling Entertainment Inc stock is currently trading at $100.65 per share. It touched a 52-week high of $118.04 and a 52-week low of $118.04. Analysts tracking the stock have a 12-month average target price of $113.56.

Its 50-day moving average was $107.92 and 200-day moving average was $94.99 The short ratio stood at 10.02 indicating a short percent outstanding of 0%.

Around 134.5% of the company’s stock are held by insiders while 12318.6% are held by institutions.

Frequently Asked Questions About World Wrestling Entertainment Inc

The stock symbol (also called stock or share ticker) of World Wrestling Entertainment Inc is WWE

The IPO of World Wrestling Entertainment Inc took place on 1999-10-19

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About

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, and apparel through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. World Wrestling Entertainment, Inc. was founded in 1980 and is headquartered in Stamford, Connecticut.

Address

1241 East Main Street, Stamford, CT, United States, 06902