Seaport Res Ptn Brokers Decrease Earnings Estimates for News

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) - Seaport Res Ptn lowered their Q1 2026 earnings per share 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 post earnings per share of $0.16 for the quarter, down from their previous 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 (NASDAQ:NWS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.01. News had a net margin of 13.21% and a return on equity of 5.71%. The company had revenue of $2.11 billion for the quarter, compared to analysts' expectations of $2.09 billion.

News Trading Up 2.5%

Shares of NWS stock opened at $34.40 on Thursday. The company's fifty day simple moving average is $33.33 and its two-hundred day simple moving average is $32.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.68 and a quick ratio of 1.60. News has a 1 year low of $26.25 and a 1 year high of $35.58. The stock has a market capitalization of $19.47 billion, a price-to-earnings ratio of 16.30 and a beta of 1.23.

News Dividend Announcement

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.10 per share. This represents a yield of 60.0%. The ex-dividend date is Wednesday, September 10th. News's dividend payout ratio is presently 9.62%.

Institutional Trading of News

Institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its holdings in News by 3.6% in the second quarter. Fifth Third Bancorp now owns 8,805 shares of the company's stock worth $302,000 after purchasing an additional 302 shares during the last quarter. Resona Asset Management Co. Ltd. increased its holdings in News by 75.3% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 964 shares of the company's stock valued at $29,000 after acquiring an additional 414 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in News by 13.0% in the 2nd quarter. Asset Management One Co. Ltd. now owns 3,628 shares of the company's stock valued at $124,000 after acquiring an additional 418 shares during the last quarter. Mather Group LLC. grew its stake in shares of News by 6.2% in the 2nd quarter. Mather Group LLC. now owns 7,130 shares of the company's stock worth $245,000 after buying an additional 419 shares in the last quarter. Finally, CWM LLC grew its stake in shares of News by 9.6% in the 1st quarter. CWM LLC now owns 4,837 shares of the company's stock worth $147,000 after buying an additional 425 shares in the last quarter. 14.63% of the stock is currently owned by hedge funds and other institutional investors.

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.

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