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Seaport Res Ptn Has Pessimistic Outlook of News Q1 Earnings

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Key Points

  • Seaport Res Ptn has lowered its earnings per share (EPS) estimate for News Corporation's Q1 2026 from $0.16 to $0.15, with full-year 2026 EPS projected at $0.78.
  • Despite the downgrade, News Corporation maintains a consensus rating of "Buy" with a price target of $38.62, following favorable ratings from various analysts.
  • News Corporation recently announced a $0.10 dividend to be paid on October 8th, reflecting a yield of 70.0% with a payout ratio of 9.62%.
  • MarketBeat previews the top five stocks to own by November 1st.

News Corporation (NASDAQ:NWSA - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q1 2026 earnings per share (EPS) estimates for News in a research note issued to investors on Monday, September 29th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will earn $0.15 per share for the quarter, down from their previous forecast of $0.16. 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 $0.78 EPS, Q1 2027 earnings at $0.17 EPS and FY2027 earnings at $0.92 EPS.

NWSA has been the subject of several other research reports. Macquarie restated a "neutral" rating and issued a $32.70 target price on shares of News in a report on Wednesday, August 6th. JPMorgan Chase & Co. boosted their target price on News from $38.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $38.62.

View Our Latest Stock Analysis on NWSA

News Stock Performance

Shares of NWSA opened at $30.71 on Wednesday. The company has a market capitalization of $17.35 billion, a price-to-earnings ratio of 14.76 and a beta of 1.18. News has a 52-week low of $23.38 and a 52-week high of $31.61. The company has a quick ratio of 1.72, a current ratio of 1.84 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average price of $29.64 and a 200 day moving average price of $28.40.

News (NASDAQ:NWSA - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.19 earnings per share (EPS) 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 business had revenue of $2.11 billion during the quarter, compared to analysts' expectations of $2.09 billion. During the same period in the prior year, the firm posted $0.17 EPS. The business's quarterly revenue was up .8% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio boosted its stake in shares of News by 0.3% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 126,293 shares of the company's stock worth $3,753,000 after acquiring an additional 344 shares in the last quarter. Signaturefd LLC raised its holdings in News by 3.5% during the first quarter. Signaturefd LLC now owns 11,833 shares of the company's stock worth $322,000 after purchasing an additional 398 shares during the last quarter. Horizon Investments LLC boosted its position in News by 7.7% during the first quarter. Horizon Investments LLC now owns 5,575 shares of the company's stock worth $152,000 after purchasing an additional 398 shares in the last quarter. Amalgamated Bank grew its holdings in News by 0.6% in the second quarter. Amalgamated Bank now owns 74,022 shares of the company's stock valued at $2,200,000 after purchasing an additional 445 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of News by 5.4% in the second quarter. GAMMA Investing LLC now owns 9,545 shares of the company's stock valued at $284,000 after buying an additional 487 shares in the last quarter. 66.97% of the stock is currently owned by hedge funds and other institutional investors.

News Announces Dividend

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

About News

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for News (NASDAQ:NWSA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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