FOX (FOXA) Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FOX in the last year. There are currently 2 sell ratings, 9 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued twelve-month price objectives for FOX's shares. Their FOXA share price forecasts range from $28.00 to $46.00. On average, they expect the company's share price to reach $36.89 in the next twelve months. This suggests a possible upside of 17.5% 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 at the beginning of 2023. Since then, FOXA stock has increased by 3.4% and is now trading at $31.40.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our FOXA earnings forecast.

Fox Co. (NASDAQ:FOXA) issued its quarterly earnings data on Tuesday, May, 9th. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. The business earned $4.08 billion during the quarter, compared to analyst estimates of $4.03 billion. FOX had a trailing twelve-month return on equity of 16.36% and a net margin of 7.84%. The firm's revenue was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 earnings per share.
Read the conference call transcript.

FOX announced a Semi-Annual dividend on Wednesday, February 8th. Investors of record on Wednesday, March 1st will be given a dividend of $0.25 per share on Wednesday, March 29th. This represents a yield of 1.4%. The ex-dividend date is Tuesday, February 28th.
Read our dividend analysis for FOXA.

ETFs with the largest weight of FOX (NASDAQ:FOXA) stock in their portfolio include Invesco Dynamic Media ETF (PBS), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), 2ndVote Society Defended ETF (EGIS), Strategas Global Policy Opportunities ETF (SAGP), SRH U.S. Quality ETF (SRHQ), VanEck Morningstar SMID Moat ETF (SMOT) and Touchstone Dividend Select ETF (DVND).

FOX (NASDAQ:FOXA) pays an annual dividend of $0.50 per share and currently has a dividend yield of 1.61%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FOXA will have a dividend payout ratio of 16.50% 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.19%), Dodge & Cox (7.49%), Independent Franchise Partners LLP (3.55%), State Street Corp (2.57%), Ninety One UK Ltd (2.24%) and LSV Asset Management (1.46%).
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 $31.40.

FOX (NASDAQ:FOXA) has a market capitalization of $15.85 billion and generates $13.97 billion in revenue each year. The company earns $1.21 billion in net income (profit) each year or $2.13 on an earnings per share basis.

The company employs 10,600 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.