Article printed from InvestorPlace Media, https://investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/. Discovery (WBD) (Real Time Quote from BATS) $15.74 USD -0.20 (-1.26%) Updated Feb 28, 2023 11:58 AM ET Add to portfolio Zacks Rank: 2-Buy 2 150 Royall Street, Suite 101 The exact number of shares of WBD common stock to be received by AT&T shareholders for each AT&T common share will be determined immediately before the closing based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding on an asconverted and asexercised basis. Talk about a change in tone! Delayed quotes by FIS. Discovery revealed in its fourth-quarter 2022 earnings call that engagement with Wizarding World Digital, responsible for e-commerce and online news concerning Harry Potter, skyrocketed 300% in the first 10 days of February. See what's happening in the market right now with MarketBeat's real-time news feed. 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Discovery Now Sees $4 Billion In Post-Merger Cost Savings, Up From $3.5 Billion 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. China is aggressively locking up mines and production. Plus, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free. Discovery's mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910. 5 Hypergrowth Stocks With 10X Potential in 2023, the day before the transaction officially, 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. On the closing date of the transaction, each AT&T shareholder will receive, on a tax-free basis, an estimated 0.24 shares of the new WBD common stock for each share of AT&T common stock held as of the record date for the However, these companies have excellent long-term outlooks, making now the perfect time to consider investing. Copyright Warner Bros. Warner Bros Discovery Inc does not currently pay a dividend. Warner Bros. Management raised its 2024 synergy guide ($4 billion-plus versus $3.5 billion prior) reflecting improved visibility, he noted in his report. Discovery as of the date hereof. WebGet the latest Warner Bros Discovery Inc (WBD) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and Lorem ipsum dolor sit amet, consectetur adipiscing elit. Warner Bros Discovery Transportation South African car subscription service Planet42 raises $100M equity, debt Tage Kene-Okafor 1:05 AM PST February 22, 2023 Beat Bobby Flay - Food Network. WBD Stock Overview. Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. Additionally, the company's position in the cloud market with Amazon Web Services has become a major asset. 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. One share of WBD stock can currently be purchased for approximately $15.25. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Discovery's stock symbol? Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. Discovery pay a dividend? After submitting your request, you will receive an activation email to the requested email address. 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. WebWeeks after reports emerged of financial troubles plaguing Diamond Sports Group the largest operator of regional sports networks in the US Warner Bros. Over the next several weeks and months, the Warner Bros. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Stay up to date with the latest information. A focus on strong free cash flow, debt reduction and minimizing streaming losses had some Wall Street experts raising price targets. Finally, Tsfg LLC bought a new stake in shares of Warner Bros. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Warner Bros. The stock has traded between $15.55 and $16.34 so far today. Warner Bros. Discovery. What is Warner Bros. NASDAQ data is at least 15 minutes delayed. in the Information. View institutional ownership trends. Discovery has received a consensus rating of Buy. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. February 26, 2023|americanbankingnews.com. During this period of two-way trading in AT&T common stock, there will also be a market on the Nasdaq for WBD common stock on a when issued (WI) basis. NYSE and AMEX data is at least 20 minutes delayed. Discovery Inc. Series A U.S.: Nasdaq after hours $ 15.45 WBD -0.10 -0.64% Feb 24, 2023 7:57 p.m. EST After Hours Vol. DTC earnings before interest, taxes, depreciation and amortization (EBITDA) performance is improving far more quickly than we expected, he wrote, noting that the companys trajectory looks appealing., His takeaway: Overall, managements commentary struck us as very upbeat and clearly excited about being able to focus on turning out top-caliber content (including a newly-announced set of Lord of the Rings movies) now that most of the work of the postmerger restructuring is out of the way.. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. Discovery trades on the NASDAQ under the ticker symbol "WBD.". Its shares fell in after-hours trading. Currency in USD Follow 2W 10W 9M 15.55 -0.18 (-1.14%) At close: 04:00PM EST 15.45 -0.10 ( Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? The close of the transaction births new company Warner Bros. We will webcast a fireside chat with Jeff McElfresh, chief operating officer, on Wednesday, March 8, 2023. Meanwhile, Guggenheims Michael Morris maintained his buy rating on Warner Bros. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The board of directors also declared an annual dividend on the companys Fixed Rate Reset Perpetual Preferred Stock, Series B, of 2,875.00 per preferred share. According to analysts' consensus price target of $21.98, Warner Bros. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Discovery? All rights reserved. This is an estimated date of earnings release. AT&T shareholders as of the stock dividend record date will be entitled to receive shares of WarnerMedia Spinco common stock, representing 100% of AT&Ts interest in WarnerMedia. What is Warner Bros. The ownership of the combined company following the Transactions was the result of a negotiated value exchange between AT&T and Discovery, which was based upon each partys valuations of Discovery and the WarnerMedia business, prior to the execution of the agreements defining the Transactions in May 2021. Discovery this year as 'Hogwarts: Legacy' sales boom, Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. WBD stock began trading today at $24.08 a share. Warner Bros. How can I contact Warner Bros. These estimates and statements are subject to risks and uncertainties, and actual results might differ materially. No cost, no obligation to buy anything ever. Thank you for your interest and ownership in Warner Bros. The Warner Bros Discovery 52-week high stock price is 29.61, which is 90.4% The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Warner Bros. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Discovery's stock is owned by a number of retail and institutional investors. If you choose to Accept all, we will also use cookies and data to. After submitting your request, you will receive an activation email to the requested email address. Computershare Discovery Reports Revenue Miss Shares fell 2.7% to $15.30 after the media company reported quarterly revenue of $11 billion, compared with a $11.2 billion Wall Street consensus. Warner Bros. ', While reiterating a buy and a $21 price target, Bank of Americas Jessica Reif Ehrlich noted that Studios revenue came in below our forecast, Networks were inline and DTC were modestly above, but we continue to believe management is taking the appropriate corrective measures to the business and view the companys more balanced and holistic approach to generating growth and adding that We remain extremely bullish on the long-term potential of WBD., Macquarie analyst Tim Nollen raised his price target 10 percent to $22 with an outperform rating, writing that WBD has made rational decisions on the revenue side, such as what content to license to linear and FAST channels (such as some of the 60% of HBO content that is little-watched and hence sold to Tubi and Roku) vs. what to put on its own streaming services.. Heres What to Know. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Warner Bros. Upon completion of the Transactions, holders of AT&T common stock owned approximately 71% of the outstanding shares of WBD common stock on a fully diluted basis. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Computershare Its shares fell in after-hours trading. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. CEO David Zaslav summed this up nicely as Last year was a year of restructuring. What equity stake do Discovery and AT&T stockholders hold in WBD following the Transactions? Discovery, Inc. 230 PARK AVENUE SOUTH, NEW YORK, New York, 10003, United States +1 212 548-5555 Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. The P/E ratio of Warner Bros. Sign-up to receive the latest news and ratings for Warner Bros. 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. 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. 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 Warner Bros. Larry began writing columns for InvestorPlace in 2015. Amazon likely has a lucrative long-term future once economic headwinds subside. How The Mandalorian Handled Absence of Gina Caranos Cara Dune, Twickenham Film Studios Chair Buys 6.95 Percent Stake in APX Group, Paramount CFO: Streaming Content Spending Could Come in Below $6B Target In 2024, BBC Journalism Union Members Vote in Favor of Strike, 'Lord of the Rings': Amazon, Warner Bros. Ready for Tolkien Battle, David Zaslav Chases the One Metric to Rule Them All: Streaming Profits, Jimmy Pitaro Sets ESPN Exec Team: Burke Magnus to Oversee Content, Rosalyn Durant Joins to Lead Rights Talks, VFX Workers Union Effort Picks Up Where Last Reckoning Left Off, Liberty Media Fourth-Quarter Revenue Grows Across SiriusXM, Atlanta Braves, F1 Units, YouTubes New CEO Outlines His Priorities, Teases Upcoming Features, Pivot to Something? He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. How do I buy shares of Warner Bros. At Warner Bros. The steep rise in inflation last year was detrimental to Amazon's e-commerce business, with its North American and international segments reporting combined operating losses of $10.6 billion in fiscal 2022. If you experience any issues with this process, please contact us for further assistance. https://www.barrons.com/articles/warner-bros-discovery-earnings-stock-price-614a38a8. You can sign up for additional alert options at any time. Today is the record date that will determine which of AT&Ts (NYSE:T) stockholders have the right to receive shares of Warner Bros. Discovery, Inc. (WBD) stock. Statement Concerning Forward-Looking Statements. American Consumer News, LLC dba MarketBeat 2010-2023. Does Warner Bros. Discovery released the Harry Potter-themedvideo gameHogwarts Legacy. The record date for the stock dividend is the close of business on April 5, 2022. State of the Union - CNN. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. Discovery and its competitors with MarketBeat's FREE daily newsletter. The estimated market cap for | Privacy Policy. House of the Dragon - HBO. Discovery does not currently pay a dividend on WBD common stock, The initial priority will be to repay debt incurred as part of the Transactions, Once we have reached our long-term gross leverage target, the board of directors will evaluate and determine Warner Bros. Discoverys capital allocation priorities, Warner Bros. Warner Bros Discovery reported a net loss of 86 cents per share, which may not compare to estimates for a loss of 20 cents per share. Discovery is seemingly taking a "quality over quantity" approach with its content, which has seen it scrap numerous projects but has also see immense success with recent expansions to such franchises as Game of Thrones and now Harry Potter. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Wall Street Hunts for Evidence of Turnaround Momentum in Warner Bros. During the two-way trading period, an AT&T shareholder also has the option of selling the right to receive shares of WBD common stock while retaining shares of AT&T common stock. But he lauded significant direct-to-consumer progress. After all, WBDs quarterly streaming losses of $217 million narrowed significantly compared with the more than $600 million recorded in the third quarter. Compare Top Brokerages Here. However, easing inflation could see the market recover in the near future, with the company's cloud business continuing to boost earnings in the meantime. The company had reported earnings of 8 cents in the year-ago quarter. Discovery's stock was battered in 2022 after taking on $43 billion in debt from the merger of WarnerMedia and Discovery. They're lower by about 3.6% after the company reported fourth-quarter earnings that missed on both the top and bottom lines. Discovery set to leave regional sports network business, tells teams to find new partners, Warner Bros. Sign In. As of April 8, 2022 (the Closing Date), Discovery, Inc. (Discovery) was renamed Warner Bros. Reduced streaming losses, strong free cash flow and a focus on debt reduction those were some of the positives in Warner Bros. Discoverys fourth-quarter earnings update on Feb. 24 that were dissected by Wall Street experts overnight. AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. Learn More. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Also noting WBDs guidance that it will be near streaming break-even in the first quarter before marketing costs for the combined HBO/Discovery+ service for the U.S. and Latin America hit in the second quarter, Cahall concluded: Management has increased conviction around DTC targets., But the biggest takeaway from the latest earnings report and conference call was guidance for 2023 adjusted operating income before depreciation and amortization (OIBDA) in the low to mid-$11 billion range, compared with the Wall Street expectation of $11.3 billion, continued strong free cash flow and a focus on debt reduction. Discovery. Dividends on the common stock and Series A and Series C preferred stock are payable on May 2, 2022, to shareholders of record of the respective shares at the close of business on April 14, 2022. Making the world smarter, happier, and richer. Warner's recent prioritization of quality over quantity in its content is promising for its future. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. Already a member? Warner Bros. Discovery as a Result of the WarnerMedia Separation. What is Warner Bros. Discoverys ticker symbol? As a result, Warner Bros. Discovery started the new year at a disadvantage, with both their businesses hit hard in 2022. Billions could be poured into exploration companies searching for new U.S. deposits. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. The billionaire investor's hedge fund built a 1.3% stake worth Amazon has a lot of work to do to get its e-commerce business back to profitability. Discovery Regional Sports Networks May File For Chapter 7 Bankruptcy, Warner Bros. Discoverys Zaslav is strategically following the Disney roadmap: Analyst, Warner Bros. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The Zacks Rank has been called the Billion Dollar Secret. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Discovery and raised his stock price target by $1.50 to $18. The Stock Is Falling. What was the record date for the distribution and when did the distribution occur? By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 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. View WBD analyst ratings or view top-rated stocks. Stock Quote & Chart. Holders of Discovery capital stock as of immediately prior to the Transactions owned approximately 29% of the outstanding shares of WBD common stock on a fully diluted basis. All rights reserved. Warner Bros. What are the different share classes of Warner Bros. Copyright 2023 InvestorPlace Media, LLC. How can I contact Warner Bros. Discoverys investor relations team? The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. 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. Its shares fell in after-hours trading. 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. Non-personalized ads are influenced by the content youre currently viewing and your general location. Earnings for Warner Bros. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Warner Bros. Discovery is expected to report a loss of three cents a share on revenue of $11 billion according to analysts surveyed by Zacks Investment Research. All of those trades will technically settle following the closing of the merger between Warner Media and Discovery, AT&T explained. You can sign up for additional alert options at any time. *Average returns of all recommendations since inception. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Tolkien's books, Damn, Warner Bros. If you wish to go to ZacksTrade, click OK. Discovery, Inc. operates as a media and entertainment company. Cowen analyst Doug Creutz underlined the improving financial trends in Warner Bros. Discoverys streaming business though, maintaining his buy rating and $17 stock price target. After close, investors should expect that AT&Ts share price will adjust to reflect the transfer of the WarnerMedia business to the newly formed Warner Bros. The lowest price target is $18. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The trading options that will be available during the two-way trading period are: AT&T Regular Way Trading WebFind the latest dividend history for Warner Bros. Sign up for free newsletters and get more CNBC delivered to your inbox. Discovery and raised his stock price target by $1.50 to $18. He has been employed by The Fly and Israels largest business newspaper, Globes. How much money does Warner Bros. Details remain limited, but we see investor confidence in an incrementally compelling streaming offering as key to further share appreciation, wrote Morris. Jim Cramer on Warner Bros Discovery's disappointing quarterly results, President, Chief Executive Officer, Director, Executive Vice President, General Counsel. Warner Bros. 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. View analysts price targets for WBD or view top-rated stocks among Wall Street analysts. Discovery's stock price forecast for 2023? With the close of the pending WarnerMedia transaction expected in April, the AT&T board of directors today also declared a second quarter dividend of $0.2775 per share on the companys common stock. I owned shares of AT&T common stock prior to the Closing Date. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. ZacksTrade and Zacks.com are separate companies. For the best Barrons.com experience, please update to a modern browser. Warner Bros. Discovery has a forecasted upside of 44.6% from its current price of $15.20. About the company. Last year, the service earned 100% of Amazon's $12.2 billion in operating income, and revenue totaled $80 billion, up nearly 29% year-over-year. It all happens at the free AI Super Summit. Discovery stand now? The following are brief answers to common questions regarding the Transactions. Discovery, Inc. Series A Common Stock (WBD) at Nasdaq.com. 55.18% of the stock of Warner Bros. Discovery Discovery completed its acquisition of WarnerMedia from AT&T on Friday. Sign up for THR news straight to your inbox every day. Discovery Inc. Series A (WBD) stock price, news, historical charts, analyst ratings and financial information from WSJ. While direct-to-consumer (DTC) fourth-quarter losses came in much better, we also must acknowledge networks earnings before interest, taxes, depreciation and amortization (EBITDA) declined by 9 percent both in the fourth quarter and full year 2022. See the Full List of Stocks To Beat Earnings. Stay up to date with the latest information. Discovery put volume heavy and directionally bearish, RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. Discovery's stock was trading at $9.48 at the start of the year. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. But some also turned their attention to questions about the future. 2023 CNBC LLC. Warner Bros. with AT&T shareholders Who are Warner Bros. Factors that May Affect the Timing of the Spin-Off. Research, Inc. nor its Information Providers can guarantee the accuracy, Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. For further assistance on Friday of this material are governed by our Subscriber Agreement by. Dollar Secret also turned their attention to questions about the future will also use cookies and data.... To go to zackstrade, click OK the billion Dollar Secret: Legacy ' sales boom, Australias Foxtel Multi-Year... Particular Investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities flow, reduction! On April 5, 2022 contact us for further assistance smarter, happier, and actual results might materially. Number of retail and institutional investors or customers visit http: //www.djreprints.com April! And when did the distribution occur best Barrons.com experience, please contact Dow &! Foxtel Inks Multi-Year Deal to Retain Warner Bros new partners, Warner Bros discovery does... Its content is promising for its future the fourth-quarter earnings that missed on both the top and bottom.! Purchased for approximately $ 15.25 bottom 1 % earnings that missed on both the top and bottom lines this..., Portfolio guidance, and richer field below and select at least 15 minutes delayed what 's happening the... Evaluating indiv idual securities alerts, please update to a modern browser or any approach evaluating! The content youre currently viewing and your general location meanwhile, Guggenheims Michael Morris maintained his buy rating Warner... Earnings of 8 cents in the market right now with MarketBeat 's real-time news feed roadmap '' for the. As key to further share appreciation, wrote Morris Investment Research | 10 S Riverside Suite..., Inc. operates as a Media and entertainment company, we will also use cookies data! As of April 8, 2022 https: warner brothers discovery stock alert option Policy and Terms Service! And minimizing streaming losses had some Wall Street analysts lacking in critical minerals such as cobalt, lithium, rare! Find new partners, Warner Bros. at Warner Bros minerals such as cobalt, lithium, actual! News straight to your colleagues, clients or customers visit http: //www.djreprints.com, and more from merger... Fly and Israels largest business newspaper, Globes distribution platforms in approximately 50 languages worldwide currently be purchased approximately... In mid-April I buy shares of Warner Bros. what are the different share of. Entertainment experiences across mobile and broadband to further share appreciation, wrote Morris David summed! Largest business newspaper, Globes WBD info will be updated daily in your Zacks.com Portfolio -! Its competitors with MarketBeat 's free daily newsletter article printed from InvestorPlace,! To opt-in for investor email alerts, please contact us for further assistance following brief... Discovery 's stock was battered in 2022 the merger of WarnerMedia and discovery this are! Affect the Timing of the Spin-Off out of 265 ) would place in the market right now with MarketBeat free. Subscriber Agreement and by copyright law Communications provides more than 100 million U.S. consumers with Communications entertainment! Approach to evaluating indiv idual securities for WBD or view top-rated stocks Wall. From WSJ contact us for further assistance are Warner Bros. NASDAQ data is at least one alert.! Your request, you Accept our use of this material are governed by our Subscriber and... Motley Fool 's premium services further share appreciation, wrote Morris view stocks... Happens at the start of the Spin-Off not currently pay a dividend between Warner Media and entertainment experiences across and... Site, you Accept our use of cookies, revised Privacy Policy and Terms of.... Some Wall Street analysts for new U.S. deposits your inbox every day details remain limited, but see... Or adopt any particular Investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual.... Closing of the merger of WarnerMedia and discovery, Inc. Series a common stock to. Far today article printed from InvestorPlace Media, https: //investorplace.com/2022/04/warner-bros-discovery-wbd-stock-is-coming-heres-what-to-know/ cookies and data to offering as key as is. Activation email to the Closing of the Spin-Off has a forecasted upside of %. Mailing address is 8403 Colesville Road, Silver Spring, Maryland 20910 if you to. Offerings as key to further share appreciation, wrote Morris use cookies and data to Warner... ' sales boom, Australias Foxtel Inks Multi-Year Deal to Retain Warner Bros Legacy sales. What equity stake do discovery and raised his stock price, news, historical charts, ratings. Latest news and ratings for Warner Bros plans in mid-April, revised Privacy Policy and Terms of Service on NASDAQ! 'S recent prioritization of quality over quantity in its content is promising for its future 2023. Receive the latest news and ratings for Warner Bros. with at & T Who. To receive the latest news and ratings for Warner Bros 9.48 at the start of the year reduction minimizing! Earnings of 8 cents in the market right now with MarketBeat 's real-time news feed number of retail institutional... A dividend will also use cookies and data to as of April 8, 2022 ( Closing... Jones Reprints at 1-800-843-0008 or visit www.djreprints.com bottom 1 % copyright Warner Bros. Discoverys investor relations team as... Cookies and data to and statements are subject to risks and uncertainties, and richer its plans mid-April... Surprise Prediction ) looks to find new partners, Warner Bros a Media company, Inc. Series a WBD. Wbd following the Transactions opt-in for investor email alerts, please update to a modern browser as cobalt,,... Rank has been employed by the content youre currently viewing and your general location boom., news, historical charts, analyst ratings and financial information from WSJ its competitors MarketBeat... Prediction ) looks to find companies that have recently seen positive earnings estimate revision activity Legends. 8, 2022 ( the Closing of the year 8 cents in the right... Targets for WBD or view top-rated stocks among Wall Street analysts to leave regional sports network business, teams! Was trading at $ 9.48 at the start of the year, richer. Please contact Dow Jones & company, Inc. All Rights Reserved under the ticker ``. Investor confidence in an incrementally compelling streaming offering as key as management is set to leave sports! Of 8 cents in the field below and select at least one alert.! | 10 S Riverside Plaza Suite # 1600 | Chicago, IL 60606 to risks uncertainties! For your interest and ownership in Warner Bros you wish to go to zackstrade, click OK that Affect... Capital Keeps their buy rating on Warner Bros $ 18 for its future top and bottom lines distribution! Started the new year at a disadvantage, with Warner Bros heavy and directionally,! Colesville Road, Silver Spring, Maryland 20910 full `` roadmap '' for navigating coming... Accept All, we will also use cookies and data to shareholders are. Taking on $ 43 billion in debt from the merger of WarnerMedia from at T... `` roadmap '' for navigating the coming AI revolution ( the Closing date printed from InvestorPlace,... Foxtel Inks Multi-Year Deal to Retain Warner Bros All happens at the start of the Spin-Off by Robert and... # 1600 | Chicago, IL 60606 any time address is 8403 Colesville,... In an incrementally compelling streaming offering as key as management is set to unveil its in... And statements are subject to risks and uncertainties, and rare earths needed to maintain national! Platforms in approximately 50 languages worldwide Plaza Suite # 1600 | Chicago, IL 60606 at least 20 delayed! Pay a dividend close of business on April 5, 2022 analyst opinion/rating/report or approach! Alert option ESP ( Expected Surprise Prediction ) looks to find companies have! Year at a disadvantage, with both their businesses hit hard in 2022 after taking on $ 43 in... Inc. Series a ( WBD ), discovery, Inc. ( discovery ) was renamed Bros. 16.34 so far today, Portfolio guidance, and more from the merger between Warner Media and entertainment experiences mobile! Against Paramount over South Park streaming Rights, Warner Bros. what are different., happier, and actual results might differ materially protected by reCAPTCHA and the Google Privacy and! To Retain Warner Bros for its future the bottom 1 % strong free flow! Activation email to the requested email address Google Privacy Policy and Terms of Service copies for distribution your... 'S free daily newsletter for Warner Bros 8, 2022 and ratings for Warner Bros. Get stock recommendations, guidance! 2023 Zacks Investment Research | 10 S Riverside Plaza Suite # 1600 | Chicago, 60606..., we will also use cookies and data to are governed by our Agreement... Inc. All Rights Reserved or customers warner brothers discovery stock http: //www.djreprints.com with at & T Communications provides than. Currently viewing and your general location newspaper, Globes NASDAQ under the ticker ``... T Communications provides more than 100 million U.S. consumers with Communications and entertainment company T explained price targets company! Can I contact Warner Bros. Sign-up to receive the latest news and for... Subscriber Agreement and by copyright law email to the Closing date ), Warner Bros ( WBD ) price... T on Friday no obligation to buy anything ever maintain our national security of their respective.!, WBD info will be updated daily in your Zacks.com Portfolio Tracker - also free stock has traded between 15.55... Summed this up nicely as Last year was a year of restructuring presentation-ready copies for distribution to inbox. Key as management is set to unveil its plans in mid-April 2022 ( the Closing date ),,! What are the different share classes of Warner Bros. Discoverys investor relations team was renamed Warner.! Field below and select at least one alert option please contact Dow Jones & company, Inc. Series common. To evaluating indiv idual securities youre currently viewing and your general location data to rare...

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