Viacom Company Profile (NASDAQ:VIAB)

Viacom trades on the NASDAQ under the ticker symbol "VIAB."

Viacom declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Friday, September 15th will be paid a dividend of $0.20 per share on Monday, October 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date is Thursday, September 14th. View Viacom's Dividend History.

Viacom Inc. (NASDAQ:VIAB) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $1.17 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.05 by $0.12. The firm earned $3.36 billion during the quarter, compared to the consensus estimate of $3.29 billion. Viacom had a return on equity of 30.89% and a net margin of 11.04%. Viacom's revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 EPS. View Viacom's Earnings History.

Viacom is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Viacom.

28 analysts have issued twelve-month price objectives for Viacom's stock. Their predictions range from $29.00 to $56.00. On average, they anticipate Viacom's share price to reach $41.83 in the next year. View Analyst Ratings for Viacom.

Here are some recent quotes from research analysts about Viacom stock:

• 1. According to Zacks Investment Research, "Viacom is leaving no stone unturned to evolve from its struggles, which have been responsible for the stock underperforming the industry it belongs to in the last one year. The company is expected to perform well in the fiscal third quarter, detailed results of which will be out on Aug 3. Apart from the turnaround plan announced earlier this year, we are also impressed by Viacom's expansion plans. To this end, Viacom had inked a deal with Telefonica S.A in Nov 2016, to acquire Television Federal S.A. (Telefe). However, Viacom's high debt levels remain concerning. Moreover, the company's merger with CBS Corp. has been called off. This is a concern for investors as a merger would have been beneficial for Viacom and provided much needed cost synergies for the company." (7/27/2017)
• 2. Rosenblatt Securities analysts commented, "We are initiating coverage of Viacom (VIA/VIAB) with a NEUTRAL rating and a $45 price target. New CEO Bob Bakish, who successfully ran the international division, has brought new energy and a logical strategic plan to the company, but it will be challenging to execute, particularly starting from a highly-leveraged financial position. VIA appears inexpensive on an earnings multiple basis, but in our view consensus estimates are too high as it will be difficult to sustain margins in the media networks business and it will take substantial time and capital to turn around Paramount. Furthermore, the stock is not inexpensive on an EV/EBITDA basis." (4/5/2017)
• 3. Guggenheim analysts commented, "We see a number of additional incremental value creators--international expansion, targeted advertising, film slate improvements, divestiture of non-core assets, and more efficient spending to name a few--but are particularly focused on the opportunity to drive a stronger revenue yield from the robust programming slate. As the charts below highlight (updated from our original analysis on 6/1/16), Viacom is an industry leader in entertainment programming investment and yet lags non-sports peers in monetization, particularly in unscripted advertising. We see substantial opportunity for traditional and enhanced advertising growth if the company can develop programming that resonates with its target audience. At this point, we still view shares as attractively priced for the success potential presented by this opportunity." (3/22/2017)
• 4. FBR & Co analysts commented, "With this note, we are updating Viacom estimates, after the company’s recent F1Q17 earnings report." (2/14/2017)
• 5. Instinet analysts commented, "This morning, Viacom's President and CEO, Bob Bakish, clearly delivered a five-point strategy to energize and improve Viacom's brand and operations. Of course, Mr. Bakish inherits a tough hand, as Viacom's assets have (in the view of many investors) been mismanaged and underutilized for so long. Moreover, as we've argued for some time, brands like MTV and Comedy Central are subject to greater competition and fragmentation given their emphasis on younger, mobile-first audiences. That said, we are encouraged by management's clearly articulated strategy, a new path that in and of itself should incrementally support the stock's valuation multiple. We increase our CY18 target P/E multiple to 11x, which leads to our new Target Price of $45 (up from $40). However, we maintain our rating and await sustained improvements in ratings and affiliate fee recovery for Viacom's 'flagship 6' networks." (2/10/2017)

Some companies that are related to Viacom include Viacom (VIA), Dolby Laboratories (DLB), World Wrestling Entertainment (WWE), Supergroup PLC (SGP), Entertainment One Ltd (ETO), Eros International PLC (EROS), DHX Media Ltd (DHXM), STV Group Plc. (STVG), Cinedigm Corp (CIDM), Bona Film Group Ltd (BONA), DTS (DTSI), FunctionX (FNCX), Lions Gate Entertainment Corp. (LGF), Pinewood Group PLC (PWS), Rentrak (RENT), Taomee Holdings Ltd (TAOM) and Twenty-First Century Fox (FOXAV).

Viacom's management team includes the folowing people:

• Thomas J. May, Independent Chairman of the Board
• Robert M. Bakish, President, Chief Executive Officer, Director
• Wade C. Davis, Chief Financial Officer, Executive Vice President
• Scott M. Mills, Executive Vice President, Chief Administrative Officer
• Christa D'Alimonte, Executive Vice President, General Counsel, Secretary
• Keyes Hill-Edgar, Executive Vice President - Global Business Affairs
• Doretha F. Lea, Executive Vice President - Global Government Affairs
• Katherine Gill-Charest, Senior Vice President, Chief Accounting Officer, Controller
• Dan Reich, Senior Vice President - Global Multiplatform Products
• Sarah Levy, Chief Operating Officer - Global Entertainment Group

Viacom's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (10.58%), Vanguard Group Inc. (7.21%), BlackRock Inc. (5.69%), Capital World Investors (3.96%), State Street Corp (3.81%) and FMR LLC (2.72%). Company insiders that own Viacom stock include Michael D Fricklas and Ronald L Nelson. View Institutional Ownership Trends for Viacom.

Viacom's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Alliancebernstein L.P., Los Angeles Capital Management & Equity Research Inc., Russell Investments Group Ltd., PGGM Investments, TIAA CREF Investment Management LLC, JPMorgan Chase & Co. and Teachers Advisors LLC. View Insider Buying and Selling for Viacom.

Viacom's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Oldfield Partners LLP, Steadfast Capital Management LP, Prudential Financial Inc., FMR LLC, BlackRock Inc., Kiltearn Partners LLP and Capital International Investors. View Insider Buying and Selling for Viacom.

Shares of Viacom can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Viacom stock can currently be purchased for approximately $27.14.