Brokers Set Expectations for Electronic Arts FY2027 Earnings

Electronic Arts Inc. (NASDAQ:EA) – Analysts at DA Davidson raised their FY2027 earnings per share (EPS) estimates for Electronic Arts in a research note issued to investors on Wednesday, July 30th. DA Davidson analyst W. Swanson now forecasts that the game software company will post earnings per share of $6.14 for the year, up from their prior estimate of $6.03. The consensus estimate for Electronic Arts’ current full-year earnings is $4.71 per share.

A number of other research analysts also recently issued reports on EA. JPMorgan Chase & Co. upped their target price on shares of Electronic Arts from $135.00 to $160.00 and gave the company a “neutral” rating in a research report on Wednesday, May 7th. Argus set a $170.00 price target on shares of Electronic Arts in a research note on Friday, May 16th. Hsbc Global Res raised shares of Electronic Arts from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 7th. Morgan Stanley lifted their target price on shares of Electronic Arts from $135.00 to $148.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 7th. Finally, TD Cowen upped their target price on shares of Electronic Arts from $160.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. Fifteen equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $164.21.

Electronic Arts Price Performance

Electronic Arts stock opened at $152.49 on Thursday. The business’s 50-day simple moving average is $151.22 and its 200 day simple moving average is $143.14. The company has a quick ratio of 0.95, a current ratio of 0.84 and a debt-to-equity ratio of 0.24. The stock has a market cap of $38.32 billion, a price-to-earnings ratio of 38.22, a P/E/G ratio of 2.12 and a beta of 0.73. Electronic Arts has a 12-month low of $115.21 and a 12-month high of $168.50.

Electronic Arts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 27th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, August 27th. Electronic Arts’s payout ratio is 19.05%.

Insider Buying and Selling

In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $159.50, for a total value of $398,750.00. Following the sale, the insider owned 60,592 shares in the company, valued at approximately $9,664,424. The trade was a 3.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Vijayanthimala Singh sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $159.53, for a total value of $159,530.00. Following the transaction, the insider directly owned 37,131 shares of the company’s stock, valued at approximately $5,923,508.43. This trade represents a 2.62% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 30,729 shares of company stock valued at $4,677,324. Corporate insiders own 0.24% of the company’s stock.

Institutional Trading of Electronic Arts

A number of hedge funds and other institutional investors have recently made changes to their positions in EA. Salomon & Ludwin LLC grew its position in Electronic Arts by 70.1% in the second quarter. Salomon & Ludwin LLC now owns 165 shares of the game software company’s stock valued at $26,000 after purchasing an additional 68 shares in the last quarter. Putney Financial Group LLC bought a new stake in Electronic Arts during the 4th quarter worth about $26,000. Frazier Financial Advisors LLC boosted its stake in shares of Electronic Arts by 328.9% during the 2nd quarter. Frazier Financial Advisors LLC now owns 193 shares of the game software company’s stock worth $31,000 after buying an additional 148 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Electronic Arts in the 1st quarter valued at about $28,000. Finally, Bank of Jackson Hole Trust increased its position in shares of Electronic Arts by 56.4% in the first quarter. Bank of Jackson Hole Trust now owns 208 shares of the game software company’s stock valued at $30,000 after acquiring an additional 75 shares during the last quarter. 90.23% of the stock is currently owned by institutional investors and hedge funds.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.