Comparing the trend in World Wrestling Entertainment
Sports entertainment
Sports entertainment is a type of spectacle which presents an ostensibly competitive event using a high level of theatrical flourish and extravagant presentation, with the purpose of entertaining an audience. Unlike typical sports and games, which are conducted for competition, sportsmanship, physical exercise or personal recreation, the primary product of sports entertainment is performance for an a…
NYSE
The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily tra…
Full Answer
How much is a share of WWE worth?
One share of WWE stock can currently be purchased for approximately $51.42. How much money does World Wrestling Entertainment make? World Wrestling Entertainment has a market capitalization of $3.90 billion and generates $974.20 million in revenue each year.
Who sells World Wrestling Entertainment (WWE) stock?
WWE stock was sold by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC, State of Alaska Department of Revenue, and Cutler Group LP. Company insiders that have sold World Wrestling Entertainment company stock in the last year include Bradley Blum, and Paul Levesque.
Is there an upside for World Wrestling Entertainment stock?
According to analysts' consensus price target of $60.40, World Wrestling Entertainment has a forecasted upside of 17.5% from its current price of $51.42. World Wrestling Entertainment has only been the subject of 4 research reports in the past 90 days. World Wrestling Entertainment has received 479 “outperform” votes.
When is World Wrestling Entertainment's next quarterly earnings announcement?
World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022. View our earnings forecast for World Wrestling Entertainment. How can I listen to World Wrestling Entertainment's earnings call?
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Will WWE stock go up?
Stock Price Forecast The 12 analysts offering 12-month price forecasts for World Wrestling Entertainment Inc have a median target of 68.00, with a high estimate of 82.00 and a low estimate of 47.00. The median estimate represents a +12.16% increase from the last price of 60.63.
Is WWE stock a good investment?
Out of 4 analysts, 1 (25%) are recommending WWE as a Strong Buy, 0 (0%) are recommending WWE as a Buy, 3 (75%) are recommending WWE as a Hold, 0 (0%) are recommending WWE as a Sell, and 0 (0%) are recommending WWE as a Strong Sell.
Why is WWE stock dropping?
WWE Stock Tumbles As CEO McMahon Steps Aside During Misconduct Investigation. WWE stock fell for a second day as CEO Vince McMahon stepped down while the company board investigates misconduct claims.
Is WWE stock overvalued?
Finally, I will average out these four estimates for fair value to get a final estimate for fair value of $53.91 (26.50 + 122.65 + 29.89 + 36.58 / 4 = 53.91). On the basis of this estimate, the stock is overvalued by 14% at this time....Summary.YearRevenue ($)Net Income ($)2020974.21 million131.77 million4 more rows•Jun 14, 2021
Can I Buy shares in WWE?
Our stock can be purchased through any brokerage or online investing service. Minimums and fees will vary. Additionally, our stock can be purchased directly through Investors Choice Plan which is administered by American Stock Transfer & Trust Company (AST).
Is the WWE being sold?
Ourand wrote, "Khan said the company has taken some inbound calls from companies looking to buy. But he stressed that WWE is not in active conversations trying to sell the company and is not actively looking to sell."
Can I buy AEW stock?
AEW UK REIT plc (AEWU) Ordinary 1p You can buy or sell this Investment Trust through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account.
Why did WWE stock go up?
WWE shares surged through January of 2021, gaining 20% in line with strong gains among growth stocks as it announced a new streaming partnership with Comcast's Peacock. However, the company also forecast operating income before depreciation and amortization to be flat in 2021, which briefly weighed on the stock.
How Much Is Vince Mcmahon Worth?
2.3 billion USD (2022)Vince McMahon / Net worth
What is WWE stock?
As of June 13 01:12PM EDT. Market open....Performance Outlook.Previous Close63.64Bid63.05 x 800Ask63.15 x 900Day's Range62.20 - 63.5552 Week Range46.81 - 68.723 more rows
Is WWE an IPO?
The Company's ticker symbol is WWE, and is listed on the New York Stock Exchange. When was the Company's IPO? WWE became a publicly traded company on October 19, 1999. At our initial public offering, we sold 11,500,000 shares of Class A common stock at a price of $17.00 per share.
What sector is WWE in?
sports entertainment businessWorld 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.
Will there be a WWE 2K22?
The end result was a WWE 2K22 release date of March 11, 2022. As well as landing on PS5 and Xbox Series X, the new game is available for PS4, Xbox One, and PC.
What's the stock price on WWE?
$ 62.51CloseChgChg %$62.51-2.36-3.64%Jun 17, 2022
How much is the WWE franchise worth?
As of 2020, the WWE net worth is listed as $5.71 billion.
Who is the CEO of WWE?
Stephanie McMahon (Jun 17, 2022–)WWE / CEOStephanie McMahon Levesque is an American businesswoman and retired professional wrestler. She is the interim Chief Executive Officer and Chairwoman of WWE and appears as an authority figure on the Raw, NXT and SmackDown brands. Wikipedia
Should I buy or sell World Wrestling Entertainment stock right now?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Wrestling Entertainment in the last year. There are currently 5 hold...
What is World Wrestling Entertainment's stock price forecast for 2022?
7 Wall Street research analysts have issued 1 year price objectives for World Wrestling Entertainment's stock. Their forecasts range from $57.00 to...
How has World Wrestling Entertainment's stock performed in 2022?
World Wrestling Entertainment's stock was trading at $49.34 at the beginning of 2022. Since then, WWE stock has increased by 29.0% and is now tradi...
When is World Wrestling Entertainment's next earnings date?
World Wrestling Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings for...
How were World Wrestling Entertainment's earnings last quarter?
World Wrestling Entertainment, Inc. (NYSE:WWE) posted its quarterly earnings results on Thursday, May, 5th. The company reported $0.77 earnings per...
How often does World Wrestling Entertainment pay dividends? What is the dividend yield for World Wrestling Entertainment?
World Wrestling Entertainment declared a quarterly dividend on Thursday, April 28th. Shareholders of record on Wednesday, June 15th will be paid a...
Is World Wrestling Entertainment a good dividend stock?
World Wrestling Entertainment(NYSE:WWE) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.75%. The dividend payout...
Who are World Wrestling Entertainment's key executives?
World Wrestling Entertainment's management team includes the following people: Mr. Vincent K. McMahon , Co-Founder, Chairman & CEO (Age 76, Pay...
What is Vince McMahon's approval rating as World Wrestling Entertainment's CEO?
122 employees have rated World Wrestling Entertainment CEO Vince McMahon on Glassdoor.com . Vince McMahon has an approval rating of 47% among Worl...
Who is the WWE president in 2020?
But the hiring of Nick Khan as President and Chief Revenue Officer in August 2020 was the point when the rumors really started to gain momentum, as almost everything WWE has done since then has been interpreted as setting the firm up for a sale.
What is a buy and hold investor?
Buy and hold, common stock investor focused on dividends and on value. Interested in various stocks that are suitable for long-term dividend investment. A Buffett admirer, but not a Buffett cultist, and not quite as creepy as my name implies - though certainly cash-centered!
Is WWE on Peacock?
In January, WWE announced a deal with Comcast ( CMCSA) subsidiary NBC Universal to have the WWE Network exclusively hosted on NBC Universal's Peacock streaming service from 03/18/2021, and for all WWE pay-per-views to be hosted exclusively by Peacock - including the flagship Wrestlemania event.
What happened
Shares of entertainment stock World Wrestling Entertainment ( WWE -0.14% ) jumped as much as 21.5% in trading on Wednesday as Reddit investors piled into the stock. Shares settled off their peak late in the day but were still up 10.8% at 2 p.m. EDT.
So what
World Wrestling Entertainment stock was trending on the Reddit board Wall Street Bets this morning, and little else was needed to push the stock higher. I wouldn't yet call this one of the well-known meme stocks like Gamestop or AMC, but names like this pop up on the board every once in a while and can get a short-term bump as a result.
Now what
Reddit traders can move stocks short term, but the fundamentals are what Foolish investors should focus on. As the economy reopens and WWE can welcome back more fans, we should expect revenue to pick up, but there's not much reason to think interest will be higher than before the pandemic.
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When will WWE pay dividends in 2021?
The record date for the dividend will be September 15, 2021 and the payment date will be September 27, 2021.
When will WWE start in 2022?
WWE® Kicks off 2022 in Atlanta. STAMFORD, Conn., July 24, 2021--WWE® (NYSE: WWE) will kick off the new year at State Farm Arena in Atlanta on Saturday, January 1, 2022, marking the first time in history that a WWE pay-per-view event will be held on New Year’s Day.
What is the WWE Champion credit card?
The WWE Champion Credit Card gives card members the opportunity to show off their love of WWE while earning cash back rewards on everyday purchases.
When will WWE report results for 2021?
STAMFORD, Conn., July 08, 2021--WWE (NYSE: WWE) announced that it will report its second quarter 2021 results on Thursday, July 29, 2021 after the close of the market.
When is WWE 2021?
STAMFORD, Conn., July 01, 2021--WWE® (NYSE: WWE) will make its highly anticipated return to New York City as Friday Night SmackDown will take place at Madison Square Garden on September 10.
Who is the producer of the series United States of America vs Vince McMahon?
Jason Blum’s company, Blumhouse, will develop the series for television, led by Blumhouse TV President Chris McCumber. The series, The United States of America Vs. Vince McMahon, will be the first-ever scripted dramatic portrayal of a chapter in WWE’s history. Additionally, it is also the first scripted.
When is Friday Night Smackdown 2021?
STAMFORD, Conn., July 07, 2021--WWE® (NYSE: WWE) and Rolling Loud, the world's premier rap festival, today announced a new partnership that brings Friday Night SmackDown to Rolling Loud Miami 2021 on July 23. The occasion marks the first ever collaboration between WWE and a major music festival.
WWE Then
Looking to the company's roots, to say WWE holds the reins to two of the most iconic shows in the history of television is an understatement. Raw has aired over 1,300 consecutive episodes, making it the longest-running cable episodic show in history. Even the iconic runs of shows like M.A.S.H., Friends, and Seinfeld pale in comparison.
WWE Now
According to an ESPN study, the disappearance of sports due to the coronavirus pandemic could lead to billions in lost revenue. Some may assume that WWE live events are the company's primary means of making money.
WWE Forever?
The WWE Network was supposed to be the future of the company. When the service debuted in Feb. 2014, over 660,000 subscribers signed up in just a few months. However, the service reached its peak of over two million subscribers in 2018 and has since dwindled to just under 1.5 million.
Is WWE fake?
The wrestling is fake, but the profits most certainly are not. Although one of the strangest investments on Wall Street, World Wrestling Entertainment, Inc. (NYSE: WWE) has delivered the goods.
Is WWE stock dependent on Tom Brady?
If you’re holding WWE stock, you’re more dependent on the company’s superstars than other sporting industries. No matter how much you love Tom Brady, Anheuser Busch Inbev NV (ADR) (NYSE: BUD) will air its Super Bowl commercials, whether he’s playing in it or not.
