CBS Corporation Company Profile (NYSE:CBS)

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

CBS Corporation announced a quarterly dividend on Monday, May 22nd. Shareholders of record on Friday, June 9th will be paid a dividend of $0.18 per share on Saturday, July 1st. This represents a $0.72 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Wednesday, June 7th. View CBS Corporation's Dividend History.

CBS Corporation (NYSE:CBS) posted its quarterly earnings results on Thursday, May, 4th. The company reported $1.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.95 by $0.09. The firm earned $3.34 billion during the quarter, compared to analyst estimates of $3.29 billion. CBS Corporation had a net margin of 3.96% and a return on equity of 41.55%. The firm's revenue was down 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 EPS. View CBS Corporation's Earnings History.

CBS Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for CBS Corporation.

27 brokerages have issued twelve-month price targets for CBS Corporation's shares. Their predictions range from $40.00 to $86.00. On average, they anticipate CBS Corporation's stock price to reach $71.70 in the next twelve months. View Analyst Ratings for CBS Corporation.

Here are some recent quotes from research analysts about CBS Corporation 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. Instinet analysts commented, "We modestly lower our adj. 4Q16 EPS estimate to $1.09 from $1.11 to better reflect tough content licensing comparisons at Cable and lower Thursday Night Football (TNF) ratings the Entertainment segment." (2/13/2017)

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

CBS Corporation's management team includes the folowing people:

• Leslie Moonves, Chairman of the Board, President, Chief Executive 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
• Gil Schwartz, Senior Executive Vice President, Chief Communications Officer
• Lawrence P. Tu, Senior Executive Vice President and Chief Legal Officer
• Richard M. Jones, Senior Vice President, General Tax Counsel
• David R. Andelman, Director

CBS Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (4.04%), JPMorgan Chase & Co. (1.55%), Glenview Capital Management LLC (1.35%), Alliancebernstein L.P. (1.33%), TIAA CREF Investment Management LLC (1.26%) and Investec Asset Management LTD (1.14%). Company insiders that own CBS Corporation stock include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu. View Institutional Ownership Trends for CBS Corporation.

CBS Corporation's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, JPMorgan Chase & Co., Prudential Financial Inc., State Street Corp, Ariel Investments LLC, Korea Investment CORP, Nicholas Company Inc. and APG Asset Management N.V.. Company insiders that have sold CBS Corporation stock in the last year include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu. View Insider Buying and Selling for CBS Corporation.

CBS Corporation's stock was bought by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., FMR LLC, Atalanta Sosnoff Capital LLC, BlueCrest Capital Management Ltd, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Point72 Asset Management L.P. and Alliancebernstein L.P.. View Insider Buying and Selling for CBS Corporation.

Shares of CBS Corporation 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 Corporation stock can currently be purchased for approximately $63.61.