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World Wrestling Entertainment (NYSE:WWE) has earned an average rating of “Buy” from the nine analysts that are currently covering the stock, Analyst Ratings.Net reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $17.06.

World Wrestling Entertainment (NYSE:WWE) traded down 0.72% on Friday, hitting $12.39. The stock had a trading volume of 194,665 shares. World Wrestling Entertainment has a 52 week low of $9.62 and a 52 week high of $31.98. The stock has a 50-day moving average of $11.97 and a 200-day moving average of $19.0. The company’s market cap is $931.2 million.

World Wrestling Entertainment (NYSE:WWE) last announced its earnings results on Thursday, July 31st. The company reported ($0.18) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.20) by $0.02. The company had revenue of $156.30 million for the quarter, compared to the consensus estimate of $157.90 million. During the same quarter last year, the company posted $0.07 earnings per share. World Wrestling Entertainment’s revenue was up 2.6% compared to the same quarter last year. Analysts expect that World Wrestling Entertainment will post $-0.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Thursday, September 11th.

Several analysts have recently commented on the stock. Analysts at Benchmark Co. reiterated a “” rating on shares of World Wrestling Entertainment in a research note on Thursday. They now have a $15.25 price target on the stock. Separately, analysts at Vertical Research downgraded shares of World Wrestling Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 21st. Finally, analysts at Vertical Group downgraded shares of World Wrestling Entertainment to a “neutral” rating in a research note on Tuesday, May 20th.

World Wrestling Entertainment, Inc (NYSE:WWE) is an integrated media and entertainment company.

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