NYSE:CBS - CBS Stock Price, News & Analysis

$43.80
+0.45 (+1.04 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$42.96
Now: $43.80
$44.90
50-Day Range
$43.30
MA: $50.66
$53.52
52-Week Range
$41.38
Now: $43.80
$59.56
Volume4.10 million shs
Average Volume3.57 million shs
Market Capitalization$16.41 billion
P/E Ratio8.44
Dividend Yield1.66%
Beta1.17
CBS Corporation operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services. Read More…

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
CUSIP12485720
Phone212-975-4321

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.51 billion
Cash Flow$5.9673 per share
Book Value$12.69 per share

Profitability

Net Income$1.96 billion

Miscellaneous

Employees12,770
Market Cap$16.41 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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CBS (NYSE:CBS) Frequently Asked Questions

What is CBS's stock symbol?

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

How often does CBS pay dividends? What is the dividend yield for CBS?

CBS announced a quarterly dividend on Thursday, August 1st. Investors of record on Tuesday, September 10th will be given a dividend of $0.18 per share on Tuesday, October 1st. This represents a $0.72 annualized dividend and a yield of 1.64%. The ex-dividend date is Monday, September 9th. View CBS's Dividend History.

How were CBS's earnings last quarter?

CBS Co. (NYSE:CBS) released its quarterly earnings data on Thursday, August, 8th. The media conglomerate reported $1.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.03. The media conglomerate had revenue of $3.80 billion for the quarter, compared to analyst estimates of $3.71 billion. CBS had a return on equity of 55.03% and a net margin of 20.13%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.12 earnings per share. View CBS's Earnings History.

When is CBS's next earnings date?

CBS is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for CBS.

What price target have analysts set for CBS?

17 equities research analysts have issued 1 year target prices for CBS's stock. Their forecasts range from $51.00 to $70.00. On average, they anticipate CBS's share price to reach $61.2143 in the next year. This suggests a possible upside of 39.8% from the stock's current price. View Analyst Price Targets for CBS.

What is the consensus analysts' recommendation for CBS?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CBS.

What are Wall Street analysts saying about CBS stock?

Here are some recent quotes from research analysts about CBS stock:
  • 1. Barrington Research analysts commented, "We are confident in current management to achieve its stated goals and drive shareholder value." (2/19/2019)
  • 2. Imperial Capital analysts commented, "We remain comfortable with the Coach brand’s global +LSD% comp sales growth trajectory. At retail, we note 3 supportive factors: 1) the recent Selena Gomez capsule that spanned across categories (handbags, ready-to-wear; September), 2) global excitement around the new higher-end Dreamer bag ($495; August), and 3) last fiscal year’s Signature re-launch (don’t lap this until 3Q). In outlets, the new Edit bag sits in the ‘best’ classification within the outlet product pyramid and reflects an increasing focus on improving outlet AUR with innovation at the high-end. In terms of KPIs, conversion remains the largest opportunity overall, aided by the filling in of product gaps, particularly in the $300-$500 handbag bucket." (11/5/2018)
  • 3. Benchmark Co. analysts commented, "We continue to believe CBS represents the best standalone content play remaining on the market and would not be surprised if a bid emerges before the stand-still expires." (11/2/2018)
  • 4. According to Zacks Investment Research, "CBS is benefiting from strong demand for content, rise in retransmission rates and expansion of direct-to-consumer business. Additionally, several strategic deals with Sinclair, AT&T, Nexstar and others have positioned CBS favorably, enabling it to meet retransmission targets much ahead of schedule. Moreover, the company has an average four-quarter positive earnings surprise of 4.53%. For the third quarter, CBS expects Local Media revenues to increase at a double-digit rate as mid-term elections are coming closer. However, currency fluctuations and higher expenditure for original programming might prove to be a drag.  Shares have underperformed the industry on a year-to-date basis." (10/26/2018)

Has CBS been receiving favorable news coverage?

News stories about CBS stock have trended negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CBS earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned press coverage about the media conglomerate a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for CBS.

Are investors shorting CBS?

CBS saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 10,072,800 shares, a drop of 17.1% from the June 30th total of 12,148,500 shares. Based on an average daily volume of 2,310,000 shares, the short-interest ratio is presently 4.4 days. Currently, 3.1% of the company's shares are short sold. View CBS's Current Options Chain.

Who are some of CBS's key competitors?

What other stocks do shareholders of CBS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBS investors own include AT&T (T), Starbucks (SBUX), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Netflix (NFLX), Walt Disney (Dis), Intel (INTC), Micron Technology (MU), Citigroup (C) and CVS Health (CVS).

Who are CBS's key executives?

CBS's management team includes the folowing people:
  • Mr. Joseph R. Ianniello, Pres & Acting CEO (Age 51)
  • Mr. Anthony G. Ambrosio, Consultant (Age 58)
  • Mr. Lawrence P. Tu, Sr. Advisor to CEO (Age 65)
  • Ms. Jo Ann Ross, Pres of Sales & Chief Advter. Revenue Officer
  • Ms. Christina Spade, Exec. VP & CFO (Age 49)

Who are CBS's major shareholders?

CBS's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baupost Group LLC MA (2.67%), Invesco Ltd. (2.02%), JPMorgan Chase & Co. (1.35%), Victory Capital Management Inc. (1.14%), Nuveen Asset Management LLC (0.88%) and AQR Capital Management LLC (0.69%). Company insiders that own CBS stock include Anthony G Ambrosio, Arnold Kopelson, Bruce S Gordon, Charles K Gifford, Gary L Countryman, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello and Leslie Moonves. View Institutional Ownership Trends for CBS.

Which institutional investors are selling CBS stock?

CBS stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Primecap Management Co. CA, AQR Capital Management LLC, Man Group plc, JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, Toronto Dominion Bank and Canada Pension Plan Investment Board. Company insiders that have sold CBS company stock in the last year include Anthony G Ambrosio, Gary L Countryman and Jonathan Anschell. View Insider Buying and Selling for CBS.

Which institutional investors are buying CBS stock?

CBS stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Baupost Group LLC MA, Holocene Advisors LP, Victory Capital Management Inc., Balyasny Asset Management LLC, Marshall Wace LLP, Goldentree Asset Management LP and Prudential PLC. View Insider Buying and Selling for CBS.

How do I buy shares of CBS?

Shares of CBS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CBS's stock price today?

One share of CBS stock can currently be purchased for approximately $43.80.

How big of a company is CBS?

CBS has a market capitalization of $16.41 billion and generates $14.51 billion in revenue each year. The media conglomerate earns $1.96 billion in net income (profit) each year or $5.19 on an earnings per share basis. CBS employs 12,770 workers across the globe.View Additional Information About CBS.

What is CBS's official website?

The official website for CBS is http://www.cbscorporation.com/.

How can I contact CBS?

CBS's mailing address is 51 WEST 52ND STREET 35TH FLOOR, NEW YORK NY, 10019. The media conglomerate can be reached via phone at 212-975-4321 or via email at [email protected]


MarketBeat Community Rating for CBS (NYSE CBS)

Community Ranking:  3.5 out of 5 (star star star half star)
Outperform Votes:  1,310 (Vote Outperform)
Underperform Votes:  558 (Vote Underperform)
Total Votes:  1,868
MarketBeat's community ratings are surveys of what our community members think about CBS and other stocks. Vote "Outperform" if you believe CBS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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