Seaport Res Ptn Issues Pessimistic Estimate for WBD Earnings

Warner Bros. Discovery, Inc. (NASDAQ:WBD) – Seaport Res Ptn reduced their Q1 2025 earnings estimates for Warner Bros. Discovery in a research report issued to clients and investors on Monday, March 3rd. Seaport Res Ptn analyst D. Joyce now expects that the company will earn ($0.27) per share for the quarter, down from their previous forecast of ($0.15). The consensus estimate for Warner Bros. Discovery’s current full-year earnings is ($4.33) per share. Seaport Res Ptn also issued estimates for Warner Bros. Discovery’s Q2 2025 earnings at ($0.43) EPS, Q3 2025 earnings at ($0.31) EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($1.03) EPS and FY2026 earnings at ($0.77) EPS.

A number of other research firms also recently issued reports on WBD. Guggenheim increased their target price on shares of Warner Bros. Discovery from $11.00 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Moffett Nathanson upgraded shares of Warner Bros. Discovery from a “neutral” rating to a “buy” rating and raised their target price for the company from $9.00 to $13.00 in a research note on Tuesday, January 21st. Barclays raised their target price on shares of Warner Bros. Discovery from $10.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Macquarie raised their price target on shares of Warner Bros. Discovery from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Finally, Raymond James raised their price target on shares of Warner Bros. Discovery from $11.00 to $12.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Ten investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $11.75.

Warner Bros. Discovery Stock Up 2.7 %

Shares of NASDAQ:WBD opened at $11.32 on Wednesday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $27.77 billion, a PE ratio of -2.47, a price-to-earnings-growth ratio of 8.64 and a beta of 1.49. Warner Bros. Discovery has a 52 week low of $6.64 and a 52 week high of $12.70. The firm has a 50 day simple moving average of $10.36 and a 200 day simple moving average of $9.34.

Warner Bros. Discovery (NASDAQ:WBD) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.30). The company had revenue of $10.03 billion during the quarter, compared to the consensus estimate of $10.16 billion. Warner Bros. Discovery had a negative net margin of 28.34% and a negative return on equity of 27.56%.

Institutional Trading of Warner Bros. Discovery

Large investors have recently added to or reduced their stakes in the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth about $14,547,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth about $3,022,000. Ameriflex Group Inc. acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth about $30,000. Forum Financial Management LP lifted its stake in shares of Warner Bros. Discovery by 201.5% during the 4th quarter. Forum Financial Management LP now owns 43,203 shares of the company’s stock worth $457,000 after buying an additional 28,874 shares during the last quarter. Finally, Michels Family Financial LLC acquired a new stake in shares of Warner Bros. Discovery during the 4th quarter worth about $497,000. Institutional investors and hedge funds own 59.95% of the company’s stock.

Insider Buying and Selling at Warner Bros. Discovery

In other news, insider Savalle Sims sold 169,436 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $12.36, for a total transaction of $2,094,228.96. Following the completion of the sale, the insider now owns 599,317 shares of the company’s stock, valued at $7,407,558.12. This represents a 22.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Piazza Samuel A. Jr. Di bought 17,346 shares of Warner Bros. Discovery stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average price of $11.41 per share, with a total value of $197,917.86. Following the acquisition, the director now directly owns 159,932 shares of the company’s stock, valued at $1,824,824.12. The trade was a 12.17 % increase in their position. The disclosure for this purchase can be found here. Insiders own 1.80% of the company’s stock.

About Warner Bros. Discovery

Warner Bros. Discovery, Inc operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.