FOX (FOXA) Stock Price, News & Analysis

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FOX in the last year. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FOXA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOXA, but not buy additional shares or sell existing shares.
View FOXA analyst ratings or view top-rated stocks.

11 analysts have issued twelve-month price objectives for FOX's stock. Their FOXA share price targets range from $28.00 to $38.00. On average, they expect the company's share price to reach $33.40 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for FOXA or view top-rated stocks among Wall Street analysts.

FOX's stock was trading at $29.67 at the beginning of 2024. Since then, FOXA stock has increased by 2.3% and is now trading at $30.35.
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FOX saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 18,930,000 shares, an increase of 8.5% from the March 15th total of 17,440,000 shares. Based on an average trading volume of 3,500,000 shares, the days-to-cover ratio is presently 5.4 days. Currently, 8.0% of the shares of the company are sold short.
View FOX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our FOXA earnings forecast.

FOX will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-207-1041 with passcode "6858762".

Fox Co. (NASDAQ:FOXA) released its quarterly earnings data on Wednesday, February, 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.24. The company earned $4.23 billion during the quarter, compared to analyst estimates of $4.21 billion. FOX had a net margin of 5.75% and a trailing twelve-month return on equity of 15.81%. The firm's revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share.
Read the conference call transcript.

FOX announced a Semi-Annual dividend on Tuesday, February 6th. Investors of record on Wednesday, March 6th will be paid a dividend of $0.26 per share on Tuesday, March 26th. This represents a dividend yield of 1.8%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for FOXA.

FOX (NASDAQ:FOXA) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.73%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FOXA will have a dividend payout ratio of 13.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FOXA.

ETFs with the largest weight of FOX (NASDAQ:FOXA) stock in their portfolio include Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), Invesco Leisure and Entertainment ETF (PEJ), 2ndVote Society Defended ETF (EGIS), Clouty Tune ETF (TUNE), Strategas Global Policy Opportunities ETF (SAGP), Touchstone Dividend Select ETF (DVND) and SRH U.S. Quality ETF (SRHQ).

8 employees have rated FOX Chief Executive Officer Lachlan Murdoch on Glassdoor.com. Lachlan Murdoch has an approval rating of 62% among the company's employees. This puts Lachlan Murdoch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other FOX investors own include Walt Disney (DIS), Cisco Systems (CSCO), Boeing (BA), Intel (INTC), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), General Electric (GE), Netflix (NFLX) and JPMorgan Chase & Co. (JPM).

FOX's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.04%), Benson Investment Management Company Inc. (0.03%), IMC Chicago LLC (0.00%), Alaska Permanent Fund Corp (0.01%), Czech National Bank (0.01%) and Brookstone Capital Management (0.00%). Insiders that own company stock include Keith Rupert Murdoch, Lachlan K Murdoch and Viet D Dinh.
View institutional ownership trends.

Shares of FOXA 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.
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