WWE Company Profile and Key Details

Q: Who are the executives of WWE?

Mr. Seth ZaslowSenior Vice President & Head of Investor RelationsMs. Elisebeth B. CollinsGen. Counsel & Corporation Sec.Ms. Catherine NewmanExecutive Vice President & Head of MarketingMr. Nick KhanChief Executive Officer, Chief Revenue Officer & DirectorMr. Kevin DunnExecutive Producer & Chief of Global Television DistributionMr. Paul LevesqueChief Content Officer & DirectorMr. Chris LegentilSenior Vice President & Head of Global CommunicationsMs. Stephanie McMahon LevesqueCo-Chief Executive Officer, Chairwoman & Chief Brand OfficerMr. Frank A. Riddick IIIPres & Chief Financial OfficerMatthew AltmanSenior Vice President of CommunicationsMr. Bradley M. BlumExecutive Vice President of Operations & Chief of StaffMs. Karen M. MullaneChief Accounting Officer & ControllerMr. Rajan MehtaChief Technology Officer & Executive Vice PresidentMr. Vincent K. McMahonCo-Founder & Executive ChairmanMs. Suzette Ramirez-CarrExecutive Vice President & Chief HR Officer

NYSE : WWE

World Wrestling Entertainment

$100.65

2.6+2.65%

At Close 4:00 PM

Not Actively Trading

64.32

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

World Wrestling Entertainment, Inc. (WWE) stock surged +2.65%, trading at $100.65 on NYSE, up from the previous close of $98.05. The stock opened at $99.51, fluctuating between $98.07 and $101.94 in the recent session.

Stock Snapshot

98.05

Prev. Close

8.37B

Market Cap

98.07

Day Low

47.92857142857143

P/E Ratio

2.1

EPS (TTM)

0.67

Cash Flow per Share

99.51

Open

83.16M

Number of Shares

101.94

Day High

61.22%

Free Float in %

11.47

Book Value

1.64M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Sep 11, 2023	99.51	101.94	98.07	100.65	1.64M
Sep 08, 2023	101.04	101.35	97.07	98.05	1.22M
Sep 07, 2023	99.29	101.41	98.55	99.41	1.04M
Sep 06, 2023	100.70	100.80	98.04	100.00	1.16M
Sep 05, 2023	103.00	103.00	96.11	100.07	1.69M
Sep 01, 2023	98.00	104.86	97.32	104.58	1.92M
Aug 31, 2023	110.05	110.05	93.93	96.55	5.06M
Aug 30, 2023	115.47	115.56	109.61	110.05	930.93K
Aug 29, 2023	115.44	116.48	114.82	115.34	381.34K
Aug 28, 2023	113.48	116.38	113.48	115.93	315.63K
Aug 25, 2023	114.12	114.92	112.89	113.69	350.01K
Aug 24, 2023	114.56	118.04	113.17	113.76	399.24K
Aug 23, 2023	115.68	116.86	114.56	115.14	297.67K
Aug 22, 2023	113.36	115.66	113.36	115.14	613.32K
Aug 21, 2023	112.33	113.93	111.25	113.88	470.61K
Aug 18, 2023	109.48	112.72	108.98	112.33	472.61K
Aug 17, 2023	112.48	113.23	108.50	109.49	511.31K
Aug 16, 2023	113.50	114.26	112.10	112.76	378.36K
Aug 15, 2023	111.97	114.54	111.17	112.90	566.78K
Aug 14, 2023	112.04	112.90	111.32	111.75	553.97K

Contact Details

Stamford, CT 06902

United States

https://corporate.wwe.com 203 352 8600

About Company

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, apparel, and books 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.

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Manchester United plc$16.99

Company Overview

World Wrestling Entertainment, Inc. (NYSE:WWE) closed at $100.65 USD, gaining $2.60 (2.65%) from the previous close of $98.05. The stock is currently mid-range between its 52-week high and low $67.31 and $118.04. With a market capitalization of about $8.37 billion, World Wrestling Entertainment, Inc. is classified as a mid-cap and shows market-like volatility (beta ~1.15). Key stats such as the average daily volume over the past year has been around 783.58 thousand shares, trading with heavier-than-usual volume. Headquartered in Stamford, CT, World Wrestling Entertainment, Inc. operates in the Communication Services sector and the Entertainment industry. Led by CEO Nick Khan, the company employs approximately 890 people and listed since October 19, 1999. 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.

Technical Performance

WWE has shown mixed momentum, gaining 15.34% over the past week and 0.22% over the past quarter, though year-to-date performance is down -21.2%.

Valuation Metrics

World Wrestling Entertainment, Inc. trades at a P/E ratio of 45.37, slightly above the S&P 500 average, with a price-to-sales ratio of 6.48 and a price-to-book ratio of 17.16 reflecting a rich premium to book value. The P/FCF stands at 66.59, also above market averages. Compared to sector medians, World Wrestling Entertainment, Inc. P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.

Dividend & Fair Value

World Wrestling Entertainment, Inc. last paid a dividend of 0.48 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $80.41. This means the shares are trading above this model’s fair value.

Earnings & Analyst Outlook

World Wrestling Entertainment, Inc. generated EPS of $1.28 over the past year. Five-year average earnings growth is 40.62%. Wall Street analysts project EPS growth of 17.4% annually over the next five years. The latest quarter delivered EPS of $0.65. The next quarter is forecast at $0.56. Next year's EPS is expected at $63.53. World Wrestling Entertainment, Inc. earnings surprise history is a mixed track record. The quarter that ended November 01, 2023, missed forecasts by 14.04%. The prior quarter beat by -2.15%. Over the last six quarters, Apple has recorded several small beats. These include 5.36% in August 16, 2022.

Financial & Profitability Overview

Over the trailing twelve months, World Wrestling Entertainment generated $1.29B in revenue, or $14.65 per share. Gross margin was 43.43%, operating margin 21.94%, and net profit margin 15.15%. Returns are exceptional, with ROA at 14.43% and ROE at 37.82%.
On valuation metrics, World Wrestling Entertainment trades at a P/E of 45.37, P/S of 6.48 and P/B of 17.16. The current ratio is 1.45 and quick ratio is 1.44. Operationally, the company’s inventory turnover is 251.94 and cash conversion cycle is 28.31 days. Debt-to-equity is 1.22, supported by a cash flow-to-debt ratio of 0.52.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2022, World Wrestling Entertainment posted revenue of $1.29B, down slightly from $1.10B in the prior quarter. Gross profit was $560.88M (margin 43.43%). Operating income was $283.30M (margin 21.9%). Net income was$195.60M (EPS $2.63).
The company ended the quarter with $478.70M in cash and short-term investments, a total debt of $628.70M, and net debt of $408.50M. Total assets were $1.36B, with equity of $517.20M. Financials further reflected stability, with operating cash flow of $325.60M, free cash flow of $125.70M, and capital expenditures of - $199.90M.

Price Forecast & Outlook

Our AI price prediction model suggests that World Wrestling Entertainment, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Key Takeaways

World Wrestling Entertainment, Inc. (NYSE:WWE) shares are down -21.2% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows World Wrestling Entertainment, Inc. trading at a premium to the broader market with a P/E of 45.37. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $75.33, suggesting -25.16% downside.

Frequently Asked Questions

What is the current World Wrestling Entertainment, Inc. (WWE) stock price?

World Wrestling Entertainment, Inc. (NYSE: WWE) stock price is $100.65 in the last trading session. During the trading session, WWE stock reached the peak price of $101.94 while $98.07 was the lowest point it dropped to. The percentage change in WWE stock occurred in the recent session was 2.65% while the dollar amount for the price change in WWE stock was $2.60.

WWE's industry and sector of operation?

The NYSE listed WWE is part of Entertainment industry that operates in the broader Communication Services sector. World Wrestling Entertainment, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of WWE?

Mr. Seth Zaslow
Senior Vice President & Head of Investor Relations
Ms. Elisebeth B. Collins
Gen. Counsel & Corporation Sec.
Ms. Catherine Newman
Executive Vice President & Head of Marketing
Mr. Nick Khan
Chief Executive Officer, Chief Revenue Officer & Director
Mr. Kevin Dunn
Executive Producer & Chief of Global Television Distribution
Mr. Paul Levesque
Chief Content Officer & Director
Mr. Chris Legentil
Senior Vice President & Head of Global Communications
Ms. Stephanie McMahon Levesque
Co-Chief Executive Officer, Chairwoman & Chief Brand Officer
Mr. Frank A. Riddick III
Pres & Chief Financial Officer
Matthew Altman
Senior Vice President of Communications
Mr. Bradley M. Blum
Executive Vice President of Operations & Chief of Staff
Ms. Karen M. Mullane
Chief Accounting Officer & Controller
Mr. Rajan Mehta
Chief Technology Officer & Executive Vice President
Mr. Vincent K. McMahon
Co-Founder & Executive Chairman
Ms. Suzette Ramirez-Carr
Executive Vice President & Chief HR Officer

How WWE did perform over past 52-week?

WWE's closing price is 49.53% higher than its 52-week low of $67.31 where as its distance from 52-week high of $118.04 is -14.73%.

How many employees does WWE have?

Number of WWE employees currently stands at 890.

Link for WWE official website?

Official Website of WWE is: https://corporate.wwe.com

How do I contact WWE?

WWE could be contacted at phone 203 352 8600 and can also be accessed through its website. WWE operates from 1241 East Main Street, Stamford, CT 06902, United States.

How many shares of WWE are traded daily?

WWE stock volume for the day was 1.64M shares. The average number of WWE shares traded daily for last 3 months was 783.58K.

What is the market cap of WWE currently?

The market value of WWE currently stands at $8.37B with its latest stock price at $100.65 and 83.16M of its shares outstanding.

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Employees	890
Beta	1.15
Sales or Revenue	$1.29B
5Y Sales Change%	1%
Fiscal Year Ends	December
Sector	Communication Services
Industry	Entertainment

WWE Company Profile and Key Details

World Wrestling Entertainment

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Stock Snapshot

Technical Performance

Earnings & Analyst Outlook

Dividend & Fair Value

Company Overview

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Valuation Metrics