NASDAQ:FOX

FOX (FOX) Stock Forecast, Price & News

$28.57

-0.31 (-1.07%)

(As of 01:16 PM ET)

Compare

Today's Range: $28.41
▼
$28.88
50-Day Range: $28.46
▼
$32.87
52-Week Range: $26.35
▼
$34.42

Volume: 378,396 shs
Average Volume: 1.15 million shs
Market Capitalization: $13.98 billion

P/E Ratio: 12.31
Dividend Yield: 1.82%
Price Target: $35.00

FOX MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 22.6% Upside
$35.00 Price Target
Short Interest: Healthy
1.61% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.97
Upright™ Environmental Score
News Sentiment: 0.02
Based on 52 Articles This Week
Insider Trading: Selling Shares
$10.93 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Consumer Discretionary Sector

218th out of 276 stocks

Television Broadcasting Stations Industry

10th out of 11 stocks

2.0

Analyst's Opinion

Consensus Rating
FOX has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.00, FOX has a forecasted upside of 22.6% from its current price of $28.55.
Amount of Analyst Coverage
FOX has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.61% of the float of FOX has been sold short.
Short Interest Ratio / Days to Cover
FOX has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in FOX has recently increased by 12.17%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
FOX pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
FOX has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of FOX is 22.41%. This payout ratio is at a healthy, sustainable level, below 75%.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
FOX has received a 24.80% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Broadcasting of world news television programs following principles of journalistic ethics", "Creation of television news programs for majority groups following principles of journalistic ethics", and "Streaming of news videos" products. See details.
Environmental Sustainability
The Environmental Impact score for FOX is -0.97.

2.2

News and Social Media Coverage

News Sentiment
FOX has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 52 news articles for FOX this week, compared to 51 articles on an average week.
Search Interest
Only 2 people have searched for FOX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
3 people have added FOX to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FOX insiders have sold 128.57% more of their company's stock than they have bought. Specifically, they have bought $4,783,859.00 in company stock and sold $10,934,291.00 in company stock.
Percentage Held by Insiders
19.21% of the stock of FOX is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 24.56% of the stock of FOX is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of FOX is 12.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of FOX is 12.31, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.57.
Price to Book Value per Share Ratio
FOX has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About FOX (NASDAQ:FOX) Stock

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and power broadcast television stations including duopolies and other digital platform; and engages in production of content for company and third parties. Other, Corporate and Eliminations segment comprises the FOX Studio Lot which provides television and film production services including office space, studio operation services, and facility operations; and Credible, a U.S. consumer finance marketplace. The company was incorporated in 2018 and is headquartered in New York, New York.

FOX Price History

30 days | 90 days | 365 days | Advanced Chart

FOX Stock News Headlines

October 2, 2023 | msn.com

WATCH: Jimmy Breaks Down The Second GOP Debate During His 'Fox News Saturday Night' Monologue

October 2, 2023 | axios.com

Columbites: Fox in the Snow

October 2, 2023 | UNKNOWN (Ad)

First-In-Class Pharmaceutical Therapies

Biopharma Company That Is Leading the Way in Eye Care Advancements

October 2, 2023 | news.yahoo.com

Watching Fox News with Gavin Newsom

October 1, 2023 | news.yahoo.com

Houston's next mayor - FOX 26 hosts debate- What's Your Point?

October 1, 2023 | msn.com

How to watch the New England Patriots vs. Dallas Cowboys this afternoon on Fox

October 1, 2023 | yahoo.com

Who is Laurence Fox? From actor to controversial TV pundit

September 30, 2023 | nytimes.com

Evelyn Fox Keller, Who Turned a Feminist Lens on Science, Dies at 87

October 2, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 30, 2023 | mirror.co.uk

Laurence Fox's millionaire donor vows to keep bankrolling star after sexism row

September 29, 2023 | msn.com

Rick Fox has wild response to Shannon Sharpe’s NSFW interview with Brittany Renner

September 29, 2023 | msn.com

Julia Fox is through with Kanye, all other men — and onto her author era

September 29, 2023 | msn.com

Laurence Fox: The actor who became a political activist

September 29, 2023 | yahoo.com

Taylor Swift Wouldn’t Give Fox Permission to Play Her Music at Travis Kelce’s Game

September 29, 2023 | sports.yahoo.com

Fox Sports 1’s ‘Undisputed’ to air live from Boulder ahead of USC-Colorado

September 28, 2023 | yahoo.com

‘The Race to 36’: NBA Veteran Rick Fox Enters the Draft to Become the 36th Man on Brittany Renner’s Sex Roster

September 28, 2023 | finance.yahoo.com

FOX News Media’s Second Republican Primary Debate Tops All of Television on Wednesday, September 27th

September 28, 2023 | sports.yahoo.com

FOX Sports’ top-10 rankings overlooked the NFL’s best cornerback

September 28, 2023 | news.yahoo.com

Julia Fox says she wants to wear outfits that women ‘appreciate’ and men ‘would despise’

September 28, 2023 | yahoo.com

Fox News hosts bewildered after residents roast reporter: “Who are you getting your facts from?"

September 28, 2023 | yahoo.com

Let Julia Fox’s Latest Goth School Uniform Inspire You

September 28, 2023 | msn.com

Jimmy Reacts To The Second 2024 GOP Presidential Debate On 'Fox & Friends First'

September 28, 2023 | msn.com

No FOX Business debate candidate successfully 'buried Bidenomics,' Kudlow says

September 28, 2023 | msn.com

Donald Trump Confirms His Fox News Viewing Habits In Hilarious Exchange

September 28, 2023 | yahoo.com

Julia Fox on raising son Valentino, two, to be a ‘protector of women’: ‘I can’t have him becoming an abuser’

September 28, 2023 | yahoo.com

Carol Vorderman voices support for journalist targeted by Laurence Fox with 'unacceptable comments'

September 28, 2023 | msn.com

Seattleites challenge — and mock — Fox News' questions about the city's crime

See More Headlines

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FOX Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 9/27 Dividend: 8/29/2023
Dividend Payable: 9/27/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Television broadcasting stations
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:FOX
CUSIP: N/A
CIK: 1308161
Web: www.foxcorporation.com
Phone: (212) 852-7000
Fax: N/A
Employees: 10,400
Year Founded: 1979

Price Target and Rating

Average Stock Price Forecast: $35.00
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +21.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.32
Trailing P/E Ratio: 12.45
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.24 billion
Net Margins: 8.31%
Pretax Margin: 11.64%
Return on Equity: 16.98%
Return on Assets: 8.31%

Debt

Debt-to-Equity Ratio: 0.57
Current Ratio: 1.93
Quick Ratio: 1.78

Sales & Book Value

Annual Sales: $14.91 billion
Price / Sales: 0.95
Cash Flow: $4.60 per share
Price / Cash Flow: 6.28
Book Value: $20.95 per share
Price / Book: 1.38

Miscellaneous

Outstanding Shares: 489,270,000
Free Float: 395,277,000
Market Cap: $14.13 billion
Optionable: Optionable
Beta: 0.91

Social Links

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Key Executives

Mr. Keith Rupert Murdoch AC (Age 92)
Exec. Chairman
Comp: $11.46M

Mr. Lachlan Keith Murdoch (Age 52)
Exec. Chairman & CEO
Comp: $10.79M

Mr. Steven Silvester Tomsic (Age 54)
Chief Financial Officer
Comp: $4.14M

Mr. John P. Nallen (Age 66)
Chief Operating Officer
Comp: $5.24M

Mr. Viet D. Dinh (Age 55)
Chief Legal & Policy Officer
Comp: $6.21M

Ms. Gabrielle Brown
Exec. VP & Chief Investor Relations Officer

Mr. Nicholas Trutanich
Exec. VP of Litigation, Chief Ethics & Compliance Officer

Mr. Brian Nick
Chief Communications Officer & Exec. VP

Ms. Marianne Gambelli
Pres of Advter. Sales, Marketing & Brand Partnerships

Mr. Kevin E. Lord (Age 60)
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FOX Stock - Frequently Asked Questions

Should I buy or sell FOX stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FOX in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOX, but not buy additional shares or sell existing shares.
View FOX analyst ratings or view top-rated stocks.
What is FOX's stock price forecast for 2023?: 1 equities research analysts have issued 12 month price objectives for FOX's shares. Their FOX share price forecasts range from $35.00 to $35.00. On average, they expect the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts price targets for FOX or view top-rated stocks among Wall Street analysts.
How have FOX shares performed in 2023?: FOX's stock was trading at $28.45 at the beginning of the year. Since then, FOX stock has increased by 1.5% and is now trading at $28.88.
View the best growth stocks for 2023 here.
Are investors shorting FOX?: FOX saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,120,000 shares, an increase of 12.2% from the August 31st total of 1,890,000 shares. Based on an average trading volume of 990,100 shares, the short-interest ratio is presently 2.1 days. Currently, 1.6% of the company's stock are short sold.
View FOX's Short Interest.
When is FOX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our FOX earnings forecast.
How were FOX's earnings last quarter?: Fox Co. (NASDAQ:FOX) issued its quarterly earnings data on Tuesday, August, 8th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.16. The firm earned $3.03 billion during the quarter. FOX had a trailing twelve-month return on equity of 16.98% and a net margin of 8.31%. During the same quarter last year, the firm earned $0.74 EPS.
Read the conference call transcript.
How often does FOX pay dividends? What is the dividend yield for FOX?: FOX announced a Semi-Annual dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, August 30th will be given a dividend of $0.26 per share on Wednesday, September 27th. This represents a dividend yield of 1.6%. The ex-dividend date is Tuesday, August 29th. This is a positive change from the stock's previous Semi-Annual dividend of $0.25.
Read our dividend analysis for FOX.
What ETFs hold FOX's stock?: ETFs with the largest weight of FOX (NASDAQ:FOX) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), 2ndVote Life Neutral Plus ETF (LYFE), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), VictoryShares Nasdaq Next 50 ETF (QQQN), Arrow Reverse Cap 500 ETF (YPS), Invesco NASDAQ Next Gen 100 ETF (QQQJ) and Vanguard Communication Services ETF (VOX).

Is FOX a good dividend stock?: FOX (NASDAQ:FOX) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.80%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FOX.
What other stocks do shareholders of FOX own?: Based on aggregate information from My MarketBeat watchlists, some companies that other FOX investors own include Intel (INTC), Cisco Systems (CSCO), Walt Disney (DIS), AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), International Business Machines (IBM), Johnson & Johnson (JNJ), NVIDIA (NVDA) and PayPal (PYPL).
What is FOX's stock symbol?: FOX trades on the NASDAQ under the ticker symbol "FOX."
How do I buy shares of FOX?: Shares of FOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is FOX's stock price today?: One share of FOX stock can currently be purchased for approximately $28.88.
How much money does FOX make?: FOX (NASDAQ:FOX) has a market capitalization of $14.13 billion and generates $14.91 billion in revenue each year. The company earns $1.24 billion in net income (profit) each year or $2.32 on an earnings per share basis.
How many employees does FOX have?: The company employs 10,400 workers across the globe.
Does FOX have any subsidiaries?: The following companies are subsidiares of FOX: Bento Box Entertainment LLC, Big Ten Network LLC, Credible, FSG Services LLC, FSGS Holdings LLC, Fox B10 Channel Partner LLC, Fox Broadcasting Company LLC, Fox Cable Network Services LLC, Fox News Network LLC, Fox Sports 1 LLC, Fox Sports 2 LLC, Fox Sports Holdings LLC, Fox Sports Productions LLC, Fox Television Holdings LLC, Fox Television Stations LLC, Fox/UTV Holdings LLC, Foxcorp Holdings LLC, KCOP Television LLC, MarVista Entertainment, NW Communications of Phoenix Inc., NW Communications of Texas Inc., NWC Acquisition Corporation, NWC Holdings Corporation, NWC Sub I Holdings Corporation, NWC Sub II Holdings Corporation, New Fox Services LLC, New World Communications Group Incorporated, New World Communications of Atlanta Inc., New World Communications of Detroit Inc., New World Communications of Tampa Inc., New World Television Incorporated, Outkick Media LLC, Sky, TMZ, and Tubi.
Read More
How can I contact FOX?: FOX's mailing address is 1211 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.foxcorporation.com. The company can be reached via phone at (212) 852-7000.

This page (NASDAQ:FOX) was last updated on 10/2/2023 by MarketBeat.com Staff

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FOX (FOX) Stock Forecast, Price & News

FOX MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About FOX (NASDAQ:FOX) Stock

FOX Price History

FOX Stock News Headlines

FOX Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

FOX Stock - Frequently Asked Questions

Overall MarketRank^™