OTCMKTS:UMGNF

Universal Music Group (UMGNF) Stock Price, News & Analysis

$29.40
+0.36 (+1.24%)
(As of 04/23/2024 ET)
Today's Range
$29.00
$29.40
50-Day Range
$28.62
$30.78
52-Week Range
$19.70
$30.88
Volume
5,335 shs
Average Volume
13,652 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.00
UMGNF stock logo

About Universal Music Group Stock (OTCMKTS:UMGNF)

Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations. The Music Publishing segment discovers and develops songwriters, as well as owns and administers the copyright for musical compositions used in recordings, public performances, and related uses, such as films and advertisements. The Merchandising & Other segment produces and sells artist and other branded products through various sales channels, including fashion retail, concert touring, and internet, as well as offers brand rights management services. The company has approximately 3 million recordings, 4 million owned and administered titles, and 220 artists/brands, as well as owns approximately 50 labels covering various music genres. Universal Music Group N.V. was incorporated in 2020 and is headquartered in Hilversum, the Netherlands.

UMGNF Stock Price History

UMGNF Stock News Headlines

Hits for sale: Notable artists who have had their music catalogs sell for big money
Kiss agreed to sell their catalog, brand name and IP to Swedish company Pophouse in a deal estimated to be over $300 million
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Inside Taylor Swift’s Surprise Return to TikTok
Universal Music Group (UMGNF) Receives a Buy from Citi
See More Headlines
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Industry, Sector and Symbol

Industry
Entertainment
Sub-Industry
N/A
Current Symbol
OTCMKTS:UMGNF
CIK
N/A
Fax
N/A
Employees
9,972
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-18.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Sir Lucian Grainge CBE (Age 64)
    Chairman & CEO
    Comp: $29.79M
  • Mr. Vincent Vallejo (Age 63)
    Deputy CEO, Corporate & Executive Director
    Comp: $3.01M
  • Mr. Boyd Muir (Age 64)
    Executive VP, CFO & President of Operations
    Comp: $9.77M
  • Mr. Will Tanous (Age 55)
    Executive VP & Chief Administrative Officer
  • Mr. Jeffrey Harleston (Age 62)
    General Counsel and Executive VP of Business & Legal Affairs
  • Mr. Eric Hutcherson (Age 54)
    Executive VP and Chief People & Inclusion Officer
  • Mr. Michael Nash (Age 67)
    Executive VP & Chief Digital Officer
  • Mr. Philippe Flageul (Age 59)
    Executive VP & Controller
  • Ms. Jody Gerson (Age 62)
    Chairman & CEO for Universal Music Publishing Group

UMGNF Stock Analysis - Frequently Asked Questions

Should I buy or sell Universal Music Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Music Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" UMGNF shares.
View UMGNF analyst ratings
or view top-rated stocks.

What is Universal Music Group's stock price target for 2024?

1 brokerages have issued 12-month price targets for Universal Music Group's shares. Their UMGNF share price targets range from $24.00 to $24.00. On average, they expect the company's share price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 18.4%.
View analysts price targets for UMGNF
or view top-rated stocks among Wall Street analysts.

How have UMGNF shares performed in 2024?

Universal Music Group's stock was trading at $28.86 at the start of the year. Since then, UMGNF shares have increased by 1.9% and is now trading at $29.3950.
View the best growth stocks for 2024 here
.

How do I buy shares of Universal Music Group?

Shares of UMGNF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:UMGNF) was last updated on 4/24/2024 by MarketBeat.com Staff

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