Warner Bros. Discovery, Inc. (NASDAQ:WBD – Get Rating) – Research analysts at Barrington Research issued their FY2025 earnings per share (EPS) estimates for Warner Bros. Discovery in a report issued on Wednesday, March 8th. Barrington Research analyst J. Goss anticipates that the company will post earnings per share of $0.14 for the year. The consensus estimate for Warner Bros. Discovery’s current full-year earnings is $1.10 per share.
Several other research firms have also commented on WBD. Cowen lowered their price target on Warner Bros. Discovery to $17.00 in a research report on Tuesday, November 15th. Rosenblatt Securities raised their price target on Warner Bros. Discovery from $9.00 to $11.00 and gave the stock a “sell” rating in a research report on Friday, February 24th. Guggenheim upgraded Warner Bros. Discovery from a “neutral” rating to a “buy” rating and set a $16.50 price target for the company in a research report on Wednesday, January 11th. Morgan Stanley raised their price target on Warner Bros. Discovery from $14.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Monday, January 30th. Finally, Macquarie lifted their target price on Warner Bros. Discovery from $16.00 to $20.00 and gave the company an “outperform” rating in a report on Tuesday, January 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, Warner Bros. Discovery has a consensus rating of “Moderate Buy” and a consensus target price of $21.98.
Warner Bros. Discovery Trading Down 2.8 %
Hedge Funds Weigh In On Warner Bros. Discovery
Several institutional investors have recently added to or reduced their stakes in the stock. Country Trust Bank purchased a new stake in Warner Bros. Discovery in the 3rd quarter valued at approximately $25,000. JCIC Asset Management Inc. purchased a new stake in shares of Warner Bros. Discovery during the 3rd quarter worth approximately $25,000. Peoples Financial Services CORP. purchased a new stake in shares of Warner Bros. Discovery during the 4th quarter worth approximately $25,000. Heritage Wealth Management LLC boosted its stake in shares of Warner Bros. Discovery by 170.7% during the 4th quarter. Heritage Wealth Management LLC now owns 2,634 shares of the company’s stock worth $25,000 after acquiring an additional 1,661 shares in the last quarter. Finally, Financial Management Professionals Inc. purchased a new stake in shares of Warner Bros. Discovery during the 3rd quarter worth approximately $26,000. Institutional investors and hedge funds own 55.18% of the company’s stock.
Warner Bros. Discovery Company Profile
Warner Bros. Discovery, Inc operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros.
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