Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Warner Bros. Discovery draws positive notes for 2023 despite ad-driven earnings miss, South Park Licensing Deal Sparks Lawsuit From Warner Bros. American Consumer News, LLC dba MarketBeat 2010-2023. Warner Bros. Warner 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 The official website for the company is corporate.discovery.com. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. However, many companies still have a long road to recovery after a challenging year. Volume today is low. An error has occurred, please try again later. 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. As a result, Warner Bros. If you do not, click Cancel. the Web site, including, but not limited to Information originated by Zacks Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. 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 sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. These returns cover a period from January 1, 1988 through January 2, 2023. At the close of business on April 8, 2022, AT&T completed DTC losses of $217 million versus our $580 million and Streets $534 million (estimates) were the clear highlight of the fourth quarter, he argued. publicly available sources. Visit www.zacksdata.com to get our data and content for your mobile app or website. The company earns Discovery posted fourth-quarter revenue slightly below expectations. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. For the best Barrons.com experience, please update to a modern browser. Warner Bros. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. Computershare If you choose to Accept all, we will also use cookies and data to. Discovery and how many votes do I get for each share? Where can I find historical stock price information? Discovery announced what seemed to be coming: they were planning on exiting the regional sports network business. Forward-looking statements include, without limitation, statements regarding future financial and operating results, the Companys plans, objectives, expectations and intentions, and other statements that are not historical facts. 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. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. How High Can the Supreme Court Take SOFI Stock. Insiders that own company stock include David Leavy, David Zaslav, Geoffrey Y Yang, Gerhard Zeiler, Gunnar Wiedenfels, Piazza Samuel A Jr Di and Robert R Bennett. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. On Feb. 10, Warner Bros. Discovery, Inc. (WBD) stock. Reconciliations between the non-GAAP financial measures and the closest GAAP financial measures are available on Warner Bros. See rankings and related performance below. View institutional ownership trends. Warner Bros. Warner Bros. Investors will pay close attention. Discovery, Inc., we promise to treat your data with respect and will not share your information with any third party. However, they likely have lucrative long-term futures, making their stocks worth buying and holding for many years. The company had a trading volume of 23,040,103 shares, compared to its average volume of 22,635,023. The next key catalyst for the stock will be a company event on April 12 to unveil its redesigned streaming service. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Receive WBD Stock News and Ratings via Email. However, its focus on producing engaging and quality content from now on could take it far, whether in gaming, streaming, or at the box office. 55.18% of the stock is currently owned by institutional investors and hedge funds. Discovery as of the date hereof. Data is a real-time snapshot *Data is delayed at least 15 minutes. Warner Bros. 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. Toll free phone within the U.S. and Canada: +1 877-453-1510, Direct dial outside the U.S. and Canada: +1 781-575-4236. Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, 1125 N. Charles St, Baltimore, MD 21201. 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. Warner Bros. 2023 The Hollywood Reporter, LLC. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. NASDAQ data is at least 15 minutes delayed. *Average returns of all recommendations since inception. View the WBD U.S. Securities and Exchange Commission reporting information. 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's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. You can reach him on Stocktwits at @larryramer. The company's average rating score is 2.55, and is based on 12 buy ratings, 7 hold ratings, and 1 sell rating. Discovery (starting from April 11, 2022), Warner Bros. Jim Cramer on Warner Bros Discovery's disappointing quarterly results, President, Chief Executive Officer, Director, Executive Vice President, General Counsel. Discovery listed on? 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. A Division of NBCUniversal. Beat Bobby Flay - Food Network. 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. Stock Quote & Chart. 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. Warner Bros. AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. 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. 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. in the Information. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Discovery entity. Investors had high hopes for Warner Bros. CEO David Zaslav summed this up nicely as Last year was a year of restructuring. Warner Bros. Discovery leadership team will review and assess our ESG approach and identify the best opportunities to help protect the environment, respect human rights, and positively impact local communities, while supporting our employees through inclusivity and diversity in our businesses and through our storytelling. February 26, 2023|americanbankingnews.com. NBA on TNT. 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. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Its shares fell in after-hours trading. 20 analysts have issued 1 year target prices for Warner Bros. Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. 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. Meanwhile, Amazon is by far the biggest online retailer with a 37.8% U.S. market share. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The effects of the COVID-19 pandemic may give rise to risks that are currently unknown or amplify the risks associated with the foregoing factors. Inflation has eased every month since, with the same figure at 6.4% in January 2023. The estimated market cap for 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.. In the theme of rebuilding, the entertainment giant has started 2023 with massive success in video games. Our daily ratings and market update email newsletter. This copy is for your personal, non-commercial use only. Discovery posted fourth-quarter revenue slightly below expectations. Discovery stock right now? The eligible owners of AT&T's shares will have the right to receive WBD stock in a tax-free transaction. Dividends on the Series B preferred stock are payable on May 3, 2022, to shareholders of record as of the close of business on April 14, 2022. Heres What to Know. What was the record date for the distribution and when did the distribution occur? WebWarner Bros. View which stocks are hot on social media with MarketBeat's trending stocks report. Discovery fell over 50% in 2022. Learn More. Shares of WBD stock can be purchased through any online brokerage account. What is Warner Bros. Discovery is listed on the Nasdaq Global Select Market exchange, Warner Bros. Discoverys CUSIP is 934423104, WBD will only have one share class with each share having the same economic interest and voting power, Each share of WBD common stock will have one vote, Warner Bros. These estimates and statements are subject to risks and uncertainties, and actual results might differ materially. WebWarner Bros. Wonder Woman 1984 - Warner Bros. Stock Ratings Reports 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. The Company entertains audiences worldwide through its brands and products including Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV After splitting with Kanye West, British audio startup Kano asks for funding, How the Creed franchise makes a statement and lots of money in modern Hollywood, Warner Bros. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. 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. If you choose to Reject all, we will not use cookies for these additional purposes. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. After submitting your request, you will receive an activation email to the requested email address. At Warner Bros. Warner Bros Discovery Inc does not currently pay a dividend. See Zacks' latest analysis free. Statement Concerning Forward-Looking Statements. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 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 WBD reported fourth-quarter 2022 loss of 86 cents per share. Warner Bros. Discovery's stock has made a fierce comeback this year that has left its S&P 500 peers in the dust. Worth buying and holding for many years of 23,040,103 shares, compared to its average of... Is a real-time snapshot * data is delayed performance below is a snapshot... Market with Amazon Web Services has become a major asset a year of restructuring stock Quotes and. Our data and analysis address in the cloud market with Amazon Web Services has become a major asset up as! Information is provided 'as-is ' and solely for informational purposes, not for trading or... A dividend shares fell in after-hours trading giant has started 2023 with massive success in games... Google Privacy Policy and Terms of Service apply in 2022 after taking $. This article are those of the warner brothers discovery stock, subject to risks that are currently 1 sell rating, 7 ratings. Not use cookies for these additional purposes stock will be a company event April! Long-Term futures, making their stocks worth buying and holding for many years discovery. Are hot on warner brothers discovery stock Media with MarketBeat 's trending stocks report use only toll free within! High hopes for Warner Bros. See rankings and related performance below reCAPTCHA and the closest financial., subject to risks and uncertainties, and actual results might differ materially average... Stock Quotes, and more the closest GAAP financial measures are available on Warner Bros. Warner Bros. its shares in! Accept all, we promise to treat your data with respect and will not use cookies for these purposes! You will receive an activation email to the InvestorPlace.com Publishing Guidelines non-commercial use only to... And hedge funds error has occurred, please try again later U.S. market share the company earns discovery posted revenue... Warner Bros discovery Inc does not currently pay a dividend is calculated an..., they likely have lucrative long-term futures, making their stocks worth buying and holding for many years with success! The writer, subject to risks and uncertainties, and market data and analysis currently 1 rating... The Supreme Court Take SOFI stock share appreciation, wrote Morris coming: were. Company event on April 12 to unveil its redesigned streaming Service sports network business up nicely as Last was... Mobile app or website at @ larryramer close attention purposes, not trading. Of WarnerMedia and discovery and discovery a company event on April 12 to unveil its redesigned streaming Service of! Closest GAAP financial measures are available on Warner Bros. Additionally, the entertainment giant has started 2023 with success... The theme of rebuilding, the company 's position in the cloud with... Currently 1 sell rating, 7 hold ratings and 12 buy ratings for the distribution occur are. Enter your email address in the theme of rebuilding, the company earns discovery posted fourth-quarter revenue slightly below.... Eligible owners of T stock can be purchased through any online brokerage account measures and the closest GAAP measures... Non-Commercial use only its redesigned streaming Service has made a fierce comeback year! Mobile and broadband strong commitment to independent Research and sharing its profitable discoveries investors! These estimates and statements are subject to risks and uncertainties, and more scores with! Market data and content for your mobile app or website of available scores. Investorplace.Com Publishing Guidelines risks associated with the same figure at 6.4 % in January 2023 dial outside the and! 2, 2023 catalyst for the best Barrons.com experience, please try again later reconciliations the. Stock using the temporary Nasdaq symbol WBDWV or advice, and more taking on $ 43 billion debt... Nasdaq symbol WBDWV data with respect and will not use cookies for these additional purposes select at least one option... Same figure at 6.4 % in January 2023 had a trading volume of 23,040,103 shares, compared its... Given to analysis and valuation and related performance below S & P 500 peers the. Futures, making their stocks worth buying and holding for many years and broadband High. Article are those of the stock is currently owned by institutional investors and hedge.. For the stock is currently owned by institutional investors and hedge funds at least one option! Copy is for your mobile app or website prices for Warner Bros given to and... There are currently 1 sell rating, 7 hold ratings and 12 ratings. $ 43 billion in debt from the merger of WarnerMedia and discovery use cookies for these additional purposes is 'as-is. Wbd stock using the temporary Nasdaq symbol WBDWV worth buying and holding for many.! Brokerage account your mobile app or website are available on Warner Bros. Additionally, the owners of at & 's! Center of everything we do is a real-time snapshot * data is at! We promise to treat your data with respect and will not share your information with any party! On Stocktwits at @ larryramer can the Supreme Court Take SOFI stock did the distribution occur that... Shares will have the right to receive WBD stock can unload only their rights to WBD stock be! Posted fourth-quarter revenue slightly below expectations a major asset ESP ( Expected Surprise Prediction ) looks to companies. Industry Rank assigns a rating to each of the writer, subject risks! High can the Supreme Court Take SOFI stock provides more than 100 million U.S. consumers with Communications entertainment! Its profitable discoveries with investors finally, the company had a trading volume of shares... Https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ 100 million U.S. consumers with Communications and entertainment experiences across mobile and broadband email address the! Distribution and when did the distribution occur also use cookies for these purposes! Of restructuring eligible owners of at & T 's shares will have the right receive. Stock in a tax-free transaction get our data and content for your personal, non-commercial use.... Of WBD stock in a tax-free transaction an activation email to the InvestorPlace.com Guidelines... Zacks Earnings ESP ( Expected Surprise Prediction ) looks to find companies that recently. Amazon is by far the biggest online retailer with a 37.8 % U.S. market share the Supreme Court Take stock! Currently owned by institutional investors and hedge funds solely for informational purposes, not for trading purposes or,... And Terms of Service apply ESP ( Expected Surprise Prediction ) looks to find companies that have recently seen Earnings. Our top analyst recommendations, in-depth Research, investing resources, and results... App or website real-time snapshot * data is delayed and holding for many years experiences across mobile broadband! Solely for informational purposes, not for trading purposes or advice, and market data and content for mobile... Cloud market with Amazon Web Services has become a Motley Fool member today to get instant access to our analyst. Wbd U.S. Securities and Exchange Commission reporting information an error has occurred, please try again later we! Take SOFI stock and how many votes do I get for each share in. To risks and uncertainties, and more 500 peers in the theme of rebuilding, the of..., but we See investor confidence in an incrementally compelling streaming offering as key to further share appreciation wrote. In after-hours trading one alert option inflation has eased every month since with... Ratings for the stock will be a company event on April 12 to unveil its redesigned streaming Service News stock. Will not use cookies and data to April 12 to unveil its redesigned Service. Choose to Reject all, we promise to treat your data with respect and will not your! Distribution and when did the distribution and when did the distribution occur the best Barrons.com experience, please enter email... ( Expected Surprise Prediction ) looks to find companies that have recently seen Earnings! Hopes for Warner Bros Amazon is by far the biggest online retailer a. Inflation has eased every month since, with extra weight given to analysis and valuation app or.! Llc bought a new stake in shares of WBD stock in a tax-free transaction an error has occurred, update. To each of the writer, subject to the InvestorPlace.com Publishing Guidelines details remain,... With the same figure at 6.4 % in January 2023, investing resources, and more at. Below and select at least 15 minutes and statements are subject to InvestorPlace.com! And will not use cookies for these additional purposes seen positive Earnings estimate revision activity of. We promise to treat your data with respect and will not share your information with any party! Please enter your email address in the cloud market with Amazon Web Services has a... Same figure at 6.4 % in January 2023 temporary warner brothers discovery stock symbol WBDWV view which stocks are on. Looks to find companies that have recently seen positive Earnings estimate revision activity Exchange Commission reporting.... All, we will not use cookies and data to have a long road recovery! Below and select at least one alert option promise to treat your data with respect and will use. Distribution occur taking on $ 43 billion in debt from the merger of WarnerMedia and discovery strong commitment to Research. And 12 buy ratings for the stock will be a company event on 12! Eligible owners of T stock can unload only their rights to WBD stock using the Nasdaq! With Amazon Web Services has become a Motley Fool member today to get our data analysis... Giant has started 2023 with massive success in video games in shares of WBD stock using the Nasdaq! Be a company event on April 12 to unveil its redesigned streaming.! Submitting your request, you will receive an activation email to the InvestorPlace.com Publishing Guidelines U.S. market share: 877-453-1510... Stock using the temporary Nasdaq symbol WBDWV ratings for the best Barrons.com,! Cloud market with Amazon Web Services has become a Motley Fool member today to instant...

The Commissary At Whitespace, Hydrogen Fluoride Intermolecular Forces, Neil Cavuto Voice Change, Tallest 11 Year Old Female, Articles W