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Friday, December 2, 2022

The Question Is Whether To Buy Or Not To Buy World Wrestling Entertainment Inc. (NYSE: WWE)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for World Wrestling Entertainment Inc. (WWE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$1.77, or +2.45%, to $73.88. Volume reached 1,002,816 shares, with price reaching a high of $74.25 and a low of $74.12. The stock was recently discussed on Yahoo Finance as it revealed that Foxtel Group to Become Exclusive Destination for WWE® in Australia.

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Stocks Info

World Wrestling Entertainment Inc. is listed on the NYSE as a member of the Communication Services sector and is a part of the Entertainment industry. At the end of the last regular session, the stock closed at $74.12 and fluctuated between $74.15 as its day high and $72.36 as its day low. The current market capitalization of World Wrestling Entertainment Inc. is $5.44B. A total of 1.51 million shares were traded on the day, compared to an average of 661.26K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, WWE has seen 0 BUY and 9 SELL insider trades, representing the acquisition of 0 and the disposition of 87,449 shares. Over the last 12 months, there were 36 BUYs and 15 SELLs from insiders. Insiders purchased 306,698 shares during that period but sold 140,735.

In the most recent transaction, DUNN KEVIN sold 15,000 shares of WWE for 66.70 per share on May 27. After the transaction, the Executive Producer & Chief Glo now owns 271,171 company shares. In a previous transaction on Mar 23, Blum Bradley sold 9,800 shares at 60.14 per share. WWE shares that EVP, Operations owns now total 30,737.

Among the insiders who sold shares, Blum Bradley disposed of 2,800 shares on Nov 09 at a per-share price of $57.83. This resulted in the EVP, Operations holding 23,439 shares of WWE after the transaction.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. World Wrestling Entertainment Inc. pays an annual dividend of $0.48, resulting in a dividend yield of 0.65%, and it has a price to earnings (P/E) ratio of 29.06. WWE’s most recent ex-dividend date was 09/14/2022 when it declared a $0.12 quarterly dividend that was paid in cash on 09/26/2022. Previously, the company paid the dividend on 06/27/2022 with an ex-dividend date of 06/14/2022. The dividend was $0.12 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for WWE in the last 3 months, the mean price target is $78.00 with high estimates of $98.00 and low estimates of $50.00. In terms of 52-week highs and lows, WWE has a high of $75.23 and a low of $46.91.

As of this writing, WWE has an earnings estimate of $0.47 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.53 per share and a lower estimate of $0.42. The company reported an EPS of $0.59 in the last quarter, which was 5.36% higher than expectations of $0.56.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WWE is Hold with a score of 3.80. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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