Electronic Arts - EA Stock Forecast, Price & News

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands. The company licenses its games to third parties to distribute and host its games. It markets and sells its games and services through digital distribution and retail channels, as well as directly to mass market retailers, specialty stores, and distribution arrangements. Electronic Arts Inc. was incorporated in 1982 and is headquartered in Redwood City, California.

Electronic Arts Stock Down 0.2 %

Shares of Electronic Arts stock traded down $0.26 during trading hours on Tuesday, reaching $131.34. 8,447 shares of the company's stock were exchanged, compared to its average volume of 1,688,792. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average of $128.57 and a two-hundred day moving average of $128.09. The stock has a market cap of $36.52 billion, a P/E ratio of 41.65, a P/E/G ratio of 4.06 and a beta of 0.84. Electronic Arts has a fifty-two week low of $109.24 and a fifty-two week high of $147.76.

Electronic Arts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 21st. Investors of record on Wednesday, August 31st will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, August 30th. This represents a $0.76 annualized dividend and a dividend yield of 0.58%. Electronic Arts's dividend payout ratio is 24.05%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on EA shares. Sanford C. Bernstein started coverage on shares of Electronic Arts in a research note on Friday, April 22nd. They issued an "outperform" rating and a $157.00 price target on the stock. Truist Financial cut their price objective on shares of Electronic Arts to $154.00 and set a "buy" rating for the company in a report on Sunday, July 31st. Cowen lowered their target price on Electronic Arts from $180.00 to $158.00 in a research report on Wednesday, May 11th. Barclays lifted their target price on Electronic Arts from $114.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 19th. Finally, Credit Suisse Group cut their price target on Electronic Arts from $159.00 to $154.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 3rd. Four analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $153.91.

Insider Buying and Selling at Electronic Arts

In related news, insider Chris Bruzzo sold 2,000 shares of Electronic Arts stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $128.39, for a total transaction of $256,780.00. Following the completion of the transaction, the insider now owns 27,524 shares of the company's stock, valued at $3,533,806.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Chris Bruzzo sold 2,000 shares of the business's stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $128.39, for a total transaction of $256,780.00. Following the transaction, the insider now directly owns 27,524 shares in the company, valued at $3,533,806.36. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Vijayanthimala Singh sold 800 shares of the business's stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $131.26, for a total transaction of $105,008.00. Following the completion of the transaction, the insider now owns 29,314 shares in the company, valued at $3,847,755.64. The disclosure for this sale can be found here. Insiders have sold 72,637 shares of company stock worth $9,501,472 over the last quarter. Corporate insiders own 0.37% of the company's stock.