Brokers Set Expectations for News' Q2 Earnings (NASDAQ:NWSA)

News Co. (NASDAQ:NWSA - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q2 2026 EPS estimates for News in a research report issued on Thursday, May 15th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $0.29 per share for the quarter, down from their prior estimate of $0.39. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for News' current full-year earnings is $0.94 per share. Seaport Res Ptn also issued estimates for News' FY2026 earnings at $0.88 EPS.

Several other equities analysts also recently issued reports on NWSA. Wall Street Zen upgraded shares of News from a "hold" rating to a "buy" rating in a research note on Thursday. Morgan Stanley decreased their price objective on shares of News from $38.00 to $37.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Guggenheim restated a "buy" rating and issued a $45.00 price objective on shares of News in a research note on Thursday, May 15th. Finally, UBS Group upgraded shares of News from a "neutral" rating to a "buy" rating in a research note on Tuesday, February 4th. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $39.20.

News Stock Up 0.9%

Shares of NWSA stock traded up $0.25 on Monday, reaching $27.90. 3,306,854 shares of the stock were exchanged, compared to its average volume of 2,814,817. The company has a current ratio of 1.73, a quick ratio of 1.65 and a debt-to-equity ratio of 0.22. The business's 50 day moving average price is $26.89 and its 200 day moving average price is $27.88. The company has a market capitalization of $15.79 billion, a price-to-earnings ratio of 38.22 and a beta of 1.30. News has a twelve month low of $23.38 and a twelve month high of $30.69.

News (NASDAQ:NWSA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2 billion. News had a return on equity of 5.31% and a net margin of 4.22%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.13 EPS.

Institutional Investors Weigh In On News

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of News by 1.6% during the first quarter. Vanguard Group Inc. now owns 51,764,497 shares of the company's stock worth $1,409,030,000 after buying an additional 812,180 shares during the period. Independent Franchise Partners LLP boosted its holdings in News by 2.2% in the 1st quarter. Independent Franchise Partners LLP now owns 27,189,590 shares of the company's stock valued at $740,101,000 after purchasing an additional 572,331 shares in the last quarter. Barclays PLC boosted its holdings in News by 124.0% in the 3rd quarter. Barclays PLC now owns 14,713,823 shares of the company's stock valued at $391,832,000 after purchasing an additional 8,144,856 shares in the last quarter. Dodge & Cox boosted its holdings in News by 18.7% in the 1st quarter. Dodge & Cox now owns 13,846,298 shares of the company's stock valued at $376,896,000 after purchasing an additional 2,183,613 shares in the last quarter. Finally, 59 North Capital Management LP boosted its holdings in News by 24.4% in the 1st quarter. 59 North Capital Management LP now owns 11,147,654 shares of the company's stock valued at $303,439,000 after purchasing an additional 2,185,542 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company's stock.

About News

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.