Seaport Res Ptn Issues Negative Forecast for News Earnings

Key Points

• Seaport Res Ptn has revised its Q1 2026 EPS estimate for News Corporation down to $0.16 per share, compared to the previous estimate of $0.18.
• The company reported $0.19 earnings per share for the last quarter, in line with analysts' expectations, with a revenue increase of .8% to $2.11 billion.
• News Corporation declared a half-year dividend of $0.10 per share, scheduled to be paid on October 8th, resulting in a yield of 70.0%.

News Corporation (NASDAQ:NWSA - Free Report) - Seaport Res Ptn dropped their Q1 2026 earnings per share estimates for shares of News in a note issued to investors on Wednesday, August 6th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $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 $0.94 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 and Q4 2027 earnings at $0.20 EPS.

News (NASDAQ:NWSA - Get Free Report) last issued its earnings results 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 analyst estimates of $2.09 billion. During the same quarter in the prior year, the firm earned $0.17 earnings per share. News's revenue for the quarter was up .8% on a year-over-year basis.

Several other research firms have also recently commented on NWSA. Wall Street Zen cut News from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Macquarie reaffirmed a "neutral" rating and set a $32.70 price objective on shares of News in a research report on Wednesday, August 6th. Finally, Guggenheim reaffirmed a "buy" rating and set a $45.00 price objective on shares of News in a research report on Thursday, May 15th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $38.12.

News Stock Down 0.9%

Shares of NASDAQ NWSA traded down $0.26 during trading on Thursday, reaching $28.26. The company had a trading volume of 1,840,199 shares, compared to its average volume of 3,296,034. News has a 12-month low of $23.38 and a 12-month high of $30.75. The stock has a market cap of $16.00 billion, a PE ratio of 13.61 and a beta of 1.23. The business's 50-day moving average is $28.97 and its 200 day moving average is $28.06. 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 Dividend Announcement

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

Hedge Funds Weigh In On News

Hedge funds have recently bought and sold shares of the business. Cullen Frost Bankers Inc. purchased a new position in shares of News in the second quarter valued at approximately $30,000. Optiver Holding B.V. purchased a new stake in News in the fourth quarter valued at $31,000. Sentry Investment Management LLC acquired a new stake in shares of News in the first quarter valued at $36,000. Caitong International Asset Management Co. Ltd grew its stake in shares of News by 12,084.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,584 shares of the company's stock valued at $43,000 after buying an additional 1,571 shares in the last quarter. Finally, SVB Wealth LLC acquired a new position in News during the 1st quarter worth $73,000. Hedge funds and other institutional investors 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.