Warner Music Group (NASDAQ:WMG) Updates Q3 2026 Earnings Guidance

Posted by Brenda Bartman on Aug 5th, 2026

Warner Music Group (NASDAQ:WMG – Get Free Report) updated its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.510-0.510 for the period, compared to the consensus EPS estimate of 0.390. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Wall Street Zen cut shares of Warner Music Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. UBS Group lifted their target price on shares of Warner Music Group from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Guggenheim upped their target price on shares of Warner Music Group from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Zacks Research lowered Warner Music Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Warner Music Group from $40.00 to $43.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Warner Music Group has an average rating of “Moderate Buy” and an average price target of $38.43.

Check Out Our Latest Report on Warner Music Group

Warner Music Group Stock Performance

Shares of Warner Music Group stock opened at $25.80 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.71 and a debt-to-equity ratio of 5.62. The business has a fifty day simple moving average of $28.39 and a two-hundred day simple moving average of $28.78. Warner Music Group has a 12 month low of $23.34 and a 12 month high of $35.42. The firm has a market capitalization of $13.46 billion, a P/E ratio of 30.35, a P/E/G ratio of 0.36 and a beta of 1.30.

Warner Music Group (NASDAQ:WMG – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was up 16.7% on a year-over-year basis. On average, equities analysts forecast that Warner Music Group will post 1.52 earnings per share for the current fiscal year.

Warner Music Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 26th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.76 annualized dividend and a yield of 2.9%. Warner Music Group’s dividend payout ratio (DPR) is presently 89.41%.

Hedge Funds Weigh In On Warner Music Group

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd raised its holdings in shares of Warner Music Group by 774.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,207 shares of the company’s stock worth $41,000 after purchasing an additional 1,069 shares during the last quarter. Quarry LP purchased a new position in Warner Music Group in the fourth quarter valued at $40,000. Osaic Holdings Inc. increased its stake in shares of Warner Music Group by 480.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,493 shares of the company’s stock valued at $41,000 after purchasing an additional 1,236 shares in the last quarter. Parallel Advisors LLC grew its holdings in Warner Music Group by 355.7% in the fourth quarter. Parallel Advisors LLC now owns 1,531 shares of the company’s stock valued at $47,000 after purchasing an additional 1,195 shares during the period. Finally, US Bancorp DE raised its stake in shares of Warner Music Group by 23.5% during the 3rd quarter. US Bancorp DE now owns 1,729 shares of the company’s stock worth $59,000 after buying an additional 329 shares during the period. 96.88% of the stock is owned by institutional investors and hedge funds.

Warner Music Group Company Profile

(Get Free Report)

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.