Warner Music Group (WMG) Projected to Post Earnings on Thursday

Warner Music Group (NASDAQ:WMG) is projected to release its Q2 2026 results before the market opens on Thursday, May 7th. Analysts expect Warner Music Group to post earnings of $0.30 per share and revenue of $1.6123 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:30 PM ET.

Warner Music Group (NASDAQ:WMG) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). Warner Music Group had a net margin of 4.43% and a return on equity of 38.33%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the firm earned $0.45 EPS. Warner Music Group’s revenue was up 10.4% compared to the same quarter last year. On average, analysts expect Warner Music Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Warner Music Group Price Performance

WMG opened at $28.50 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 5.30. The business has a fifty day moving average of $27.27 and a 200 day moving average of $29.03. The stock has a market cap of $14.89 billion, a P/E ratio of 49.14, a PEG ratio of 0.46 and a beta of 1.25. Warner Music Group has a 52-week low of $23.34 and a 52-week high of $34.63.

Warner Music Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Wednesday, February 18th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, February 18th. Warner Music Group’s dividend payout ratio is currently 131.03%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Warner Music Group in a report on Friday, March 27th. Citigroup lowered their target price on Warner Music Group from $41.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Morgan Stanley upped their target price on Warner Music Group from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Warner Music Group in a report on Wednesday, January 14th. Finally, Scotiabank upgraded Warner Music Group from a “sector perform” rating to a “sector outperform” rating in a report on Friday, February 13th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.00.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Warner Music Group by 774.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,207 shares of the company’s stock worth $41,000 after acquiring an additional 1,069 shares in the last quarter. Quarry LP bought a new position in shares of Warner Music Group in the 4th quarter worth $40,000. Osaic Holdings Inc. raised its position 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 worth $41,000 after acquiring an additional 1,236 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Warner Music Group by 355.7% in the 4th quarter. Parallel Advisors LLC now owns 1,531 shares of the company’s stock worth $47,000 after acquiring an additional 1,195 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Warner Music Group by 23.5% in the 3rd quarter. US Bancorp DE now owns 1,729 shares of the company’s stock worth $59,000 after acquiring an additional 329 shares in the last quarter. 96.88% of the stock is owned by institutional investors.

Warner Music Group Company Profile

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.