Seaport Res Ptn Has Negative Estimate for News Q3 Earnings

News Corporation (NASDAQ:NWSA) – Analysts at Seaport Res Ptn cut their Q3 2026 earnings per share (EPS) estimates for shares of News in a research note issued on Wednesday, August 6th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $0.19 for the quarter, down from their previous forecast of $0.20. The consensus estimate for News’ current full-year earnings is $0.94 per share. Seaport Res Ptn also issued estimates for News’ FY2027 earnings at $0.95 EPS.

Several other brokerages also recently weighed in on NWSA. Guggenheim reiterated a “buy” rating and issued a $45.00 price target on shares of News in a report on Thursday, May 15th. Macquarie reiterated a “neutral” rating and issued a $32.70 price target on shares of News in a report on Wednesday. Finally, Wall Street Zen downgraded News from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, News presently has an average rating of “Moderate Buy” and an average target price of $38.12.

News Trading Down 1.6%

Shares of NASDAQ NWSA opened at $28.52 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.60 and a current ratio of 1.84. The business’s 50 day moving average price is $28.97 and its 200-day moving average price is $28.06. News has a fifty-two week low of $23.38 and a fifty-two week high of $30.75. The company has a market cap of $16.15 billion, a price-to-earnings ratio of 13.71 and a beta of 1.23.

News (NASDAQ:NWSA) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. News had a return on equity of 5.66% and a net margin of 13.21%. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same period in the prior year, the business posted $0.17 earnings per share. The company’s revenue for the quarter was up .8% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. purchased a new position in shares of News in the 2nd quarter valued at $30,000. Optiver Holding B.V. purchased a new position in shares of News in the 4th quarter valued at $31,000. Sentry Investment Management LLC purchased a new position in shares of News in the 1st quarter valued at $36,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of News by 12,084.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,584 shares of the company’s stock valued at $43,000 after acquiring an additional 1,571 shares during the period. Finally, SVB Wealth LLC purchased a new position in shares of News in the 1st quarter valued at $73,000. 66.97% of the stock is currently owned by hedge funds and other institutional investors.

News Dividend Announcement

The business also recently declared a half year 25 dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 10th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, September 10th. This represents a dividend yield of 70.0%. News’s dividend payout ratio (DPR) is currently 9.62%.

News Company Profile

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates through six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other.