Seaport Res Ptn Has Negative Estimate for News Q1 Earnings

Key Points

• Seaport Res Ptn has lowered earnings estimates for News Corporation's Q1 2026, predicting an earnings per share of $0.16, down from $0.18.
• News Corporation reported a net margin of 13.21% and revenue of $2.11 billion in its latest quarterly results, surpassing analyst expectations.
• News Corporation has declared a semi-annual dividend of $0.10 per share, which will be paid on October 8th, representing a yield of 60.0%.

News Corporation (NASDAQ:NWS - Free Report) - Analysts at Seaport Res Ptn decreased their Q1 2026 earnings per share (EPS) estimates for shares of News in a research report issued on Wednesday, August 6th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will earn $0.16 per share for the quarter, down from their prior estimate of $0.18. The consensus estimate for News' current full-year earnings is $1.03 per share. Seaport Res Ptn also issued estimates for News' Q2 2026 earnings at $0.28 EPS, Q4 2026 earnings at $0.17 EPS, FY2026 earnings at $0.79 EPS, Q1 2027 earnings at $0.20 EPS, Q2 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.23 EPS, Q4 2027 earnings at $0.20 EPS and FY2027 earnings at $0.95 EPS.

News Stock Down 0.6%

Shares of News stock traded down $0.20 on Thursday, hitting $32.75. 539,165 shares of the company traded hands, compared to its average volume of 755,538. The company has a market cap of $18.54 billion, a PE ratio of 15.78 and a beta of 1.23. News has a 12-month low of $26.25 and a 12-month high of $35.58. The company has a 50-day moving average price of $33.35 and a 200 day moving average price of $32.22. The company has a quick ratio of 1.72, a current ratio of 1.84 and a debt-to-equity ratio of 0.21.

News (NASDAQ:NWS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.01. News had a return on equity of 5.66% and a net margin of 13.21%. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.09 billion.

News Dividend Announcement

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 10th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, September 10th. This represents a yield of 60.0%. News's dividend payout ratio (DPR) is 9.62%.

Institutional Investors Weigh In On News

A number of hedge funds and other institutional investors have recently made changes to their positions in NWS. NorthRock Partners LLC bought a new position in shares of News in the 2nd quarter valued at about $27,000. SVB Wealth LLC acquired a new position in shares of News in the 1st quarter valued at approximately $27,000. First Horizon Advisors Inc. grew its holdings in shares of News by 3,546.2% during the 1st quarter. First Horizon Advisors Inc. now owns 948 shares of the company's stock valued at $29,000 after purchasing an additional 922 shares during the last quarter. Resona Asset Management Co. Ltd. grew its holdings in shares of News by 75.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 964 shares of the company's stock valued at $29,000 after purchasing an additional 414 shares during the last quarter. Finally, ExodusPoint Capital Management LP bought a new stake in News during the 4th quarter worth approximately $43,000. 14.63% of the stock is currently owned by institutional investors and hedge funds.

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.