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How to Buy WWE Stock [2023] | Step-by-step

how to buy WWE stock

Summary: The World Wrestling Federation (WWE) is one of the largest sports and entertainment franchises in the world and a brand that’s brought us legendary figures such as the Rock. However, it’s also an S&P 400 component and thus an enticing investment opportunity for investors interested in sports stocks. To buy WWE stock, investors can make an account at an online exchange platform such as eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available.

About WWE

WWE home page. Source: WWE.com

The World Wrestling Federation (WWE) is the world’s most popular pro wrestling and entertainment league. It has a market cap of almost $10 billion as of August 2023, and thanks to its planned merge with Endeavor (NYSE: EDR), the company in charge of the Ultimate Fighting Championship (UFC), it is well poised to become an even more dangerous combatant in the pay-per-view arena.

WWE IPO

An Initial Public Offering (IPO) is the period when a company offers its shares to the public for the first time. Fortunately for investors interested in the sports industry, WWE has been public since 1999, trading on the New York Stock Exchange under the ticker WWE. That means that investing in it is relatively straightforward. 

How to buy WWE stock: Step-by-step

To buy WWE stock, you can take the following steps:

Step 1: Choose the right broker

To buy WWE stock, you’ll first need a brokerage account. There are many brokers available today, so choosing one can be a bit difficult. To make your decision-making easier, prioritize licensed platforms with a good reputation and a user-friendly interface. Moreover, consider factors such as:

  • Fees;
  • Platform accessibility;
  • Customer support;
  • Trading tool availability;
  • Order types;
  • Etc

Our go-to brokerage for sports stocks and all other stocks is eToro. eToro is a fully licensed brokerage and home to over 30 million investors from all over the world. In addition, it offers a host of useful features, such as:

  • Commission-free stock trading; 
  • 2,000+ stocks from 17 exchanges;
  • Fractional shares;
  • User-friendly platform.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available.

Step 2: Open and fund a brokerage account 

When you find a brokerage that suits your investment needs and strategies, you can open an account. Usually, you can sign up by providing the broker with some personal information and going through their know-your-customer (KYC) process. 

Once you’re registered, you will have to fund the account before you can buy WWE stock. Usually, you can:

  • Transfer money to it from your bank account;
  • Use a wire;
  • Scan a check;
  • Use third-party payment systems like PayPal;
  • Etc.

Step 4: Placing an order

Once you have funded your account, you can start placing orders and buying stocks. To do that, simply follow these steps:

  1. Log in to your broker account;
  2. Look up the ticker symbol (WWE) or just type in the company name;
  3. Specify the number of shares you would like to buy;
  4. Review your order one last time to ensure everything is fine;
  5. Submit your order for execution.

With most brokers, you’ll have several order options when submitting your order. The two most common ones are

  • Market order: This order instructs the broker to purchase the stock at its current price. This is ideal for new traders as it requires no additional research and allows you to add the stock to your portfolio immediately;
  • Limit order: This order lets you specify a target price at which the broker will purchase the stock.

WWE stock price today

WWE stock — things to consider

While WWE enjoys the status of a cultural icon, and while it has a history of outperforming the S&P 500 index, it has still seen a reduction in its anticipated earnings per share for the fiscal year 2023, with its revenue decreasing by 11%.

Furthermore, WWE recently stated it intends to distribute a quarterly dividend, set to $0.12 per share on an annualized basis. Presently, World Wrestling Entertainment’s dividend payout ratio (DPR) is at 23.53%.

Naturally, these developments raised some eyebrows among investors in regard to the company’s trajectory. Some had additional cause for concern due to the upcoming merger with the UFC, which both excites and worries the investing public. Therefore, caution is advised, especially if you are investing short-term.

Pros and cons of investing in WWE stock

Pros

Pros

  • It is one of the most popular sports and entertainment franchises in the world;
  • Strong brand;
  • The upcoming UFC merge might propel the company even further;
  • WWE’s current media rights expire in 2024, and some major broadcasting companies, such as Disney, are looking into acquiring them;
  • The stock has a history of outperforming the S&P 500 index.
Cons

Cons

  • The WWE leadership is known for scandals and controversies, including allegations of assault and harassment;
  • Small dividends;
  • The future of the company is somewhat uncertain due to rumors and ongoing investigations into CEO Vince McMahon.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy WWE stock

Is it safe to buy WWE stock before it’s merged with UFC?

All investments carry risks. While the WWE stock has a history of performing well, and while its audience and fan base are large, there are always some concerns to be had before investing in it. For example, the company’s CEO is under investigation for assault and sexual harassment charges.

How to buy WWE stock safely?

To buy WWE stock safely, do a lot of research on the company’s performance and its leadership team. Moreover, make sure you use only licensed and regulated stock trading platforms such as eToro.

Can I buy WWE stock directly from the company?

According to the WWE website, WWE  stock can be purchased directly through the Investors Choice PLAN administered by Equiniti Trust Company (formerly known as American Stock Transfer & Trust Company).

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available.

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