WWE's financial value; The Rock's daughter/WWE Submitted by Aaron Rift on 09/14/2018 at 11:24 AM
- WWE stock for September 13th closed at $87.30 per share with the company having an estimated market value of $6.713 billion dollars.
Dave Meltzer of F4WOnline.com noted the following regarding WWE's financial value:
"Right now the Wall Street consensus is WWE profits will be $62.4 million in 2018, $103 million in 2019 and $257 million in 2020. So even in 2020 with the new deals they would be trading at what is estimated at 26 times profits, which is well over what most entertainment stocks do and means they would be overvalued, unless the price is high with the belief that they are in a selling mode and can get that kind of a price."
- Dave Meltzer is reporting that Simone Johnson, daughter of The Rock and Dany Garcia, is currently training at the WWE Performance Center while also attending high school. If Johnson continues to pursue wrestling, she it's believed that she would be the first fourth-generation WWE superstar.