CBS Company Profile (NYSE:CBS)

CBS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBS."

CBS declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, September 8th will be paid a dividend of $0.18 per share on Sunday, October 1st. This represents a $0.72 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, September 7th. View CBS's Dividend History.

CBS Co. (NYSE:CBS) released its quarterly earnings results on Monday, August, 7th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.09 billion. CBS had a return on equity of 57.78% and a net margin of 12.56%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $0.93 earnings per share. View CBS's Earnings History.

CBS is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for CBS.

26 analysts have issued 12-month price objectives for CBS's stock. Their forecasts range from $57.00 to $86.00. On average, they anticipate CBS's stock price to reach $75.10 in the next year. View Analyst Ratings for CBS.

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

• 1. Benchmark Co. analysts commented, "We suspect that estimate will prove conservative given the cross-sport draw (and the unknown undercard, which could feature additional cross-sport matchups) despite what most believe will be an uncompetitive contest, while noting that the $606 million gross forecast includes an estimated $20 million more in PPV sales than Mayweather-Pacquiao. However, given the novelty of the matchup, we prefer to remain conservative at this point in time, raising our estimates by slightly less than what CBS took in for the Mayweather-Pacquiao event." (6/16/2017)
• 2. BMO Capital Markets analysts commented, "Our Outperform rating is underpinned by leadership positions in the most stable areas of the linear pay TV ecosystem: a broadcast network benefiting from retransmission fee growth, a strong live sports franchise, and most importantly, a domestic cable network portfolio that includes newer networks with growing subscriber bases and/or per sub fees." (5/12/2017)
• 3. FBR & Co analysts commented, "We update CBS estimates ahead of the 1Q17 earnings report, making very muted changes." (4/7/2017)
• 4. Guggenheim analysts commented, "Core to our bull thesis on CBS is our confidence in the company's ability to drive continued broadcast subscription revenue growth (retransmission consent and reverse compensation fees) that far exceeds media industry average revenue growth. In 2016, we estimate these revenue sources accounted for nearly $1.1bn or 8% of total company revenue. We forecast 25% revenue growth in 2017'consistent with management guidance'and a 25% CAGR through 2020, slightly ahead of management's multi-year plan introduced in March 2016 ($2.6bn versus a $2.5bn outlook)... We maintain a BUY rating and are raising our price target to $78 from our prior $74. We expect investor confidence in the company's subscription and content revenue streams will drive continued multiple expansion." (2/27/2017)
• 5. UBS AG analysts commented, "Our EPS is unchanged at $1.10, +20% Y/Y (Street $1.10), though we are lowering Revenue by $326m and EBITDA by $86m due to moving radio to discontinued ops to match the company's reporting style after the deal to merge the unit with Entercom. We see CBS network advertising revenue -5% Y/Y (core flat ex 3 fewer Thursday NFL games and election pre-emptions), TV station advertising revenue +18% (core flat ex political and Thurs NFL) and total company licensing revenue -12% Y/Y (Showtime titles shifted to 3Q, tough comp vs. initial international delivery). Key will be underlying network advertising growth (weak NFL ratings) and forward pacings (Super Bowl comp: UBSe -24%, Core -0.4%), Entertainment margins less NFL, Showtime revenue growth and Showtime OTT/CBS All Access subscribers." (2/13/2017)

Some companies that are related to CBS include Sky Plc (SKY), Sky Plc (BSY), Liberty Media Corporation (LSXMA), ITV plc (ITV), Sinclair Broadcast Group (SBGI), TiVo Corporation (TIVO), Liberty Media Corporation (BATRK), Gray Television (GTN), Central European Media Enterprises (CETV), Phoenix New Media Limited (FENG), Global Eagle Entertainment (ENT), Comcast (CMCSK), Directv (DTV), Starz Acquisition LLC (STRZA) and Starz Acquisition LLC (LCAPA).

CBS's management team includes the folowing people:

• Leslie Moonves, Chairman of the Board, Chief Executive Officer
• Jo Ann Ross, President, Chief Advertising Revenue Officer
• Shari E. Redstone, Vice Chair of the Board
• Joseph R. Ianniello, Chief Operating Officer
• Anthony G. Ambrosio, Senior Executive Vice President, Chief Administrative Officer and Chief Human Resources Officer
• Lawrence Liding, Executive Vice President, Chief Accounting Officer, Controller
• Jonathan Howard Anschell, Executive Vice President, Deputy General Director, Secretary
• David Lawenda, Executive Vice President - Digital Sales and Sales Strategy
• Dave Morris, Executive Vice President - Advanced Advertising and Client Partnerships
• Gil Schwartz, Senior Executive Vice President, Chief Communications Officer

CBS's stock is owned by many different of institutional and retail investors. Top institutional investors include Capital World Investors (7.55%), Bank of New York Mellon Corp (1.32%), Fred Alger Management Inc. (1.22%), Sterling Capital Management LLC (0.65%), Shapiro Capital Management LLC (0.46%) and Sound Shore Management Inc. CT (0.45%). Company insiders that own CBS stock include Anthony G Ambrosio, Gil D Schwartz, Joseph R Ianniello, Lawrence Tu and Leslie Moonves. View Institutional Ownership Trends for CBS.

CBS's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Sound Shore Management Inc. CT, Argent Capital Management LLC, Capital World Investors, Mitsubishi UFJ Trust & Banking Corp, New York State Common Retirement Fund, California State Teachers Retirement System and Marshall Wace LLP. Company insiders that have sold CBS stock in the last year include Anthony G Ambrosio, Gil D Schwartz, Joseph R Ianniello, Lawrence Tu and Leslie Moonves. View Insider Buying and Selling for CBS.

CBS's stock was acquired by a variety of institutional investors in the last quarter, including Focused Investors LLC, PGGM Investments, Canada Pension Plan Investment Board, Eaton Vance Management, Systematic Financial Management LP, Russell Investments Group Ltd., Sit Investment Associates Inc. and Westwood Holdings Group Inc.. View Insider Buying and Selling for CBS.

Shares of CBS 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 CBS stock can currently be purchased for approximately $59.05.