Discovery (starting from April 11, 2022), Warner Bros. Currency in USD Follow 2W 10W 9M 15.55 -0.18 (-1.14%) At close: 04:00PM EST 15.45 -0.10 ( Copyright Warner Bros. Discovery, Inc.'s Q1 2024 Earnings (NASDAQ:WBD), RBC Capital Keeps Their Buy Rating on Warner Bros (WBD), Warner Bros. completeness, timeliness, or correct sequencing of any of the Information on Warner Bros Discovery Inc (WBD) stock is trading at $15.94 as of 10:36 AM on Monday, Feb 27, a gain of $0.39, or 2.54% from the previous closing price of $15.55. Discovery's stock is owned by a number of retail and institutional investors. The P/E ratio of Warner Bros. Discovery released the Harry Potter-themedvideo gameHogwarts Legacy. This option will be available under the temporary Nasdaq symbol "WBDWV". Providence, RI 02940 U.S.A. Mailing address (overnight delivery): Discovery pay a dividend? WBD Stock Overview. Discovery as of the date hereof. Personalized content and ads can also include more relevant results, recommendations, and tailored ads based on past activity from this browser, like previous Google searches. (Computershare) serves as the transfer agent and registrar for WBD common stock. He sees increased clarity on the companys combined streaming offerings as key as management is set to unveil its plans in mid-April. *Average returns of all recommendations since inception. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. How can I contact Warner Bros. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, Executive Vice President & General Counsel. Discovery without a stock price target. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Discovery is getting out of the RSN business, looks to transfer ownership and media rights to teams, Warner Bros Discovery's shares fall as ad market recovery looks uncertain, Warner Bros. Discovery is held by institutions. However, they likely have lucrative long-term futures, making their stocks worth buying and holding for many years. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. 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 lost a lot of money last year, Why Warner Bros Discovery Shares Are Sliding After Hours, Warner Bros. At the updated rate, AT&Ts stock remains among the best dividend-yielding stocks in the United States and in the Fortune 500. Neither AT&T nor Discovery is under any obligation, and each expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise. DTC losses of $217 million versus our $580 million and Streets $534 million (estimates) were the clear highlight of the fourth quarter, he argued. Discovery have? Well, AT&T is spinning off Warner Media, which will combine with Discovery (NASDAQ:DISCA) to form Warner Bros. Mailing address (regular mail): Computershare Trust Company, N.A. If certain closing conditions are not satisfied or waived in advance of April 5, AT&T may elect to change the stock dividend record date to a later date. To see all exchange delays and terms of use please see Barchart's disclaimer. Discovery's stock the better buy? These risks, as well as other risks associated with the proposed transaction, are more fully discussed in the proxy statement/prospectus and information statement included in the registration statements filed with the SEC in connection with the proposed transaction. What did I receive in the Transactions? Discovery, we strive to be the global leader in media and entertainment, serving audiences and consumers around the world with content that informs, entertains, and, when we are at our best, inspires. 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. The Zacks Rank has been called the Billion Dollar Secret. You can sign up for additional alert options at any time. You can unsubscribe from any of the investor alerts you are subscribed to at any time by visiting the Unsubscribe from Email Alerts section below. On Feb. 10, Warner Bros. The media Warner Bros. Beat Bobby Flay - Food Network. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. The Companys actual results could differ materially from those stated or implied due to risks and uncertainties associated with its business, which include the risk factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission, including but not limited to the Companys most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. Discovery Files Lawsuit Against Paramount Over South Park Streaming Rights, Warner Bros. Turning the Corner? asked the MoffettNathanson team led by Robert Fishman and Michael Nathanson in a Friday report. Additionally, the board of directors declared quarterly dividends on the companys 5.000% Perpetual Preferred Stock, Series A, and the companys 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. Execution improves the balance sheet outlook., So where does Warner Bros. Let's assess. This release has been revised since it was originally published to update the NYSE symbol for AT&T common stock trading in the ex-distribution market. P.O. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. We've detected you are on Internet Explorer. Warner Bros. What is Warner Bros. Discoverys ticker symbol? Discovery trades on the NASDAQ under the ticker symbol "WBD.". AT&T Communications provides more than 100 million U.S. consumers with communications and entertainment experiences across mobile and broadband. 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. 2023 The Hollywood Reporter, LLC. The scores are based on the trading styles of Value, Growth, and Momentum. The estimated market cap for Forward-looking statements include statements regarding the Companys expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as anticipate, believe, could, continue, estimate, expect, intend, may, should, will and would or similar words. Warner Bros. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Stock Quote & Chart. ZacksTrade and Zacks.com are separate companies. The Hollywood Reporter is a part of Penske Media Corporation. 1125 N. Charles St, Baltimore, MD 21201. How High Can the Supreme Court Take SOFI Stock. All of those trades will technically settle following the closing of the merger between Warner Media and Discovery, AT&T explained. with AT&T shareholders 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. You must click the activation link in order to complete your subscription. What exchange is Warner Bros. WebWarner Bros. Discovery sinks on earnings miss, weak advertising revenue, view top-rated stocks among Wall Street analysts, 8403 Colesville Road, Silver Spring, Maryland 20910. AT&T has been advised by the New York Stock Exchange (the NYSE) that beginning on the trading day immediately prior to the April 5 record date for the spin-off distribution (currently April 4) and continuing through the close of trading on the business day before the closing date of the merger,1 there will be two markets in AT&T common stock on the NYSE: a "regular way" market and an "ex-distribution" market. Discovery is listed on the Nasdaq Global Select Market exchange, Warner Bros. Discoverys CUSIP is 934423104, WBD will only have one share class with each share having the same economic interest and voting power, Each share of WBD common stock will have one vote, Warner Bros. If you choose to Accept all, we will also use cookies and data to. Discovery's (WBD -3.62%) stocks plunged 50% and 62%, respectively, amid macroeconomic headwinds and remain down between 39% to 44% year over year. Following close of the transaction, AT&T shareholders will continue to hold, along with their new shares of WBD common stock, the same number of shares of AT&T common stock they held immediately prior to close. Discovery have a direct stock purchase and dividend reinvestment program? Existing Discovery shareholders will own approximately 29% of the new company on a fully diluted basis. Since then, WBD shares have increased by 60.9% and is now trading at $15.25. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Warner Bros. 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. However, the company has said that with its restructuring largely complete, 2023 is a year of rebuilding. Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. Discovery, Inc. operates as a media and entertainment company. The Company offers audiences the differentiated and complete portfolio of content, brands, and franchises across television, film, streaming, and gaming in approximately 220 countries and territories and 50 languages. As the fourth-quarter earnings cycle for Big Media closes Thursday, with Warner Bros. Adjusted earnings before interest, taxes, depreciation, and amortizationor Ebitda- came in at $2.6 billion, which was in-line with analyst expectations. At Warner Bros. Discovery Content, Brokers Issue Forecasts for Warner Bros. As a result, 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. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Discovery Board of Directors. See Zacks' latest analysis free. Discovery's stock price today? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Warner Bros. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Canton, MA 02021 U.S.A. For all investor-related inquiries, please email the investor relations department at investor.relations@wbd.com or to leave a voicemail, please call +1 212-548-5882. Discovery? WBD stock began trading today at $24.08 a share. Its shares fell in after-hours trading. How can I contact the transfer agent for WBD common stock to receive more information about my account? 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Article are those of the spin-off is subject to the satisfaction or of... To leading indices and get personalized stock ideas based on the Nasdaq the!

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