FOX (FOXA) Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FOX in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FOXA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOXA, but not buy additional shares or sell existing shares.
View FOXA analyst ratings or view top-rated stocks.

16 Wall Street research analysts have issued 12 month price objectives for FOX's stock. Their FOXA share price forecasts range from $28.00 to $43.00. On average, they predict the company's share price to reach $36.56 in the next year. This suggests a possible upside of 17.4% from the stock's current price.
View analysts price targets for FOXA or view top-rated stocks among Wall Street analysts.

FOX's stock was trading at $30.37 on January 1st, 2023. Since then, FOXA shares have increased by 2.6% and is now trading at $31.15.
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FOX saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 15,890,000 shares, a decline of 16.0% from the August 15th total of 18,920,000 shares. Based on an average daily trading volume, of 4,170,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 6.4% of the shares of the company are sold short.
View FOX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our FOXA earnings forecast.

Fox Co. (NASDAQ:FOXA) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.17. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.03 billion. FOX had a trailing twelve-month return on equity of 16.98% and a net margin of 8.31%. FOX's revenue was up .0% on a year-over-year basis. During the same period last year, the business posted $0.74 EPS.
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FOX declared 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 yield of 1.5%. The ex-dividend date is Tuesday, August 29th. This is a boost from the stock's previous Semi-Annual dividend of $0.25.
Read our dividend analysis for FOXA.

ETFs with the largest weight of FOX (NASDAQ:FOXA) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), Invesco Next Gen Media and Gaming ETF (PBS), 2ndVote Society Defended ETF (EGIS), Clouty Tune ETF (TUNE) and Alpha Architect U.S. Quantitative Value ETF (QVAL).

FOX (NASDAQ:FOXA) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.64%. 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%. Based on earnings estimates, FOXA will have a dividend payout ratio of 14.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FOXA.

8 employees have rated FOX Chief Executive Officer Lachlan Murdoch on Glassdoor.com. Lachlan Murdoch has an approval rating of 62% among the company's employees. This puts Lachlan Murdoch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other FOX investors own include Walt Disney (DIS), Cisco Systems (CSCO), Boeing (BA), Intel (INTC), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), General Electric (GE), Netflix (NFLX) and JPMorgan Chase & Co. (JPM).

FOX trades on the NASDAQ under the ticker symbol "FOXA."

FOX's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), Independent Franchise Partners LLP (3.73%), State Street Corp (2.69%), Ninety One UK Ltd (2.36%), LSV Asset Management (1.51%) and Geode Capital Management LLC (1.26%). Insiders that own company stock include Keith Rupert Murdoch, Lachlan K Murdoch and Viet D Dinh.
View institutional ownership trends.

Shares of FOXA 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.
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One share of FOXA stock can currently be purchased for approximately $31.15.

FOX (NASDAQ:FOXA) has a market capitalization of $15.24 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.

The company employs 10,400 workers across the globe.

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.