World Wrestling Entertainment, Inc. (NYSE:WWE) is set to post its quarterly earnings results before the market opens on Wednesday, October 25th. Analysts expect World Wrestling Entertainment to post earnings of $0.20 per share for the quarter.

World Wrestling Entertainment (NYSE:WWE) last announced its earnings results on Thursday, July 27th. The company reported $0.06 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.06. World Wrestling Entertainment had a net margin of 3.29% and a return on equity of 13.07%. The business had revenue of $214.60 million during the quarter, compared to analysts’ expectations of $209.28 million. During the same period in the prior year, the company earned $0.01 earnings per share. The firm’s revenue was up 7.8% on a year-over-year basis. On average, analysts expect World Wrestling Entertainment to post $0.46 EPS for the current fiscal year and $0.63 EPS for the next fiscal year.

Shares of World Wrestling Entertainment, Inc. (WWE) opened at 22.54 on Wednesday. The firm’s 50-day moving average is $22.54 and its 200-day moving average is $21.27. World Wrestling Entertainment, Inc. has a one year low of $16.77 and a one year high of $23.88. The stock has a market capitalization of $1.74 billion, a PE ratio of 68.72 and a beta of 0.84.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Friday, September 15th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date was Thursday, September 14th. World Wrestling Entertainment’s dividend payout ratio is presently 154.84%.

WWE has been the subject of a number of recent research reports. Zacks Investment Research raised shares of World Wrestling Entertainment from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. Benchmark Co. reaffirmed a “buy” rating and set a $25.00 target price (down from $26.00) on shares of World Wrestling Entertainment in a report on Sunday, July 30th. BidaskClub lowered shares of World Wrestling Entertainment from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 target price on shares of World Wrestling Entertainment in a report on Tuesday, September 26th. Finally, KeyCorp reaffirmed a “hold” rating on shares of World Wrestling Entertainment in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $24.38.

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In related news, SVP Mark Kowal sold 2,275 shares of World Wrestling Entertainment stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $21.99, for a total value of $50,027.25. Following the sale, the senior vice president now owns 14,736 shares of the company’s stock, valued at approximately $324,044.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Casey Collins sold 13,383 shares of World Wrestling Entertainment stock in a transaction on Monday, July 31st. The shares were sold at an average price of $21.23, for a total transaction of $284,121.09. Following the completion of the sale, the executive vice president now directly owns 43,926 shares in the company, valued at approximately $932,548.98. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 173,231 shares of company stock valued at $3,660,354. Insiders own 49.80% of the company’s stock.

About World Wrestling Entertainment

World Wrestling Entertainment, Inc (WWE) is an integrated media and entertainment company. The Company’s segments are Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, WWE Studios, and Corporate and Other. The Company is engaged in the production and distribution of content through various channels, including its WWE Network, television rights agreements, pay-per-view event programming, live events, feature films, licensing of various WWE themed products, and the sale of consumer products featuring its brands.

Earnings History for World Wrestling Entertainment (NYSE:WWE)

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