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World Wrestling Entertainment (NYSE:WWE) has earned an average rating of “Buy” from the nine ratings firms that are presently covering the stock, American Banking and Market News reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $17.06.

World Wrestling Entertainment (NYSE:WWE) opened at 13.42 on Friday. World Wrestling Entertainment has a 1-year low of $9.62 and a 1-year high of $31.98. The stock has a 50-day moving average of $12. and a 200-day moving average of $18.95. The company’s market cap is $1.008 billion.

World Wrestling Entertainment (NYSE:WWE) last released its earnings data on Thursday, July 31st. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. 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. Shareholders 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 3.58%. The ex-dividend date is Thursday, September 11th.

A number of analysts have recently weighed in on WWE shares. Analysts at Benchmark Co. reiterated a “” rating on shares of World Wrestling Entertainment in a research note on Thursday, July 31st. 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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