NYSE:CBS - CBS Stock Price, News, & Analysis

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$56.23 -0.57 (-1.00 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$56.80
Today's Range$55.38 - $56.57
52-Week Range$47.54 - $61.59
Volume1.37 million shs
Average Volume3.47 million shs
Market Capitalization$21.51 billion
P/E Ratio13.42
Dividend Yield1.26%
Beta1.36
CBS Corporation operates as a mass media company worldwide. The company operates through 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, acquires, and distributes theatrical motion pictures; and digital streaming services. The Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events. This segment also operates CBS Sports Network, a 24-hour cable program service that provides college sports and related content; and Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The Publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as that of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The Local Media segment owns 29 broadcast television stations; and operates local Websites, including content from the company's television stations. The company was founded in 1986 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Current SymbolNYSE:CBS
Previous Symbol
CUSIP12485720
Phone212-975-4321

Debt

Debt-to-Equity Ratio4.37
Current Ratio1.60
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio13.42
Forward P/E Ratio10.73
P/E Growth0.72

Sales & Book Value

Annual Sales$13.69 billion
Price / Sales1.54
Cash Flow$4.9498 per share
Price / Cash11.36
Book Value$5.16 per share
Price / Book10.90

Profitability

EPS (Most Recent Fiscal Year)$4.19
Net Income$357 million
Net Margins10.21%
Return on Equity81.10%
Return on Assets8.63%

Miscellaneous

Employees12,700
Outstanding Shares376,030,000
Market Cap$21.51 billion
OptionableN/A

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 Tuesday, July 31st. Shareholders of record on Monday, September 10th will be paid a dividend of $0.18 per share on Monday, October 1st. This represents a $0.72 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, September 7th. View CBS's Dividend History.

How were CBS's earnings last quarter?

CBS Co. (NYSE:CBS) posted its quarterly earnings data on Thursday, August, 2nd. The media conglomerate reported $1.12 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.11 by $0.01. The media conglomerate had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.46 billion. CBS had a return on equity of 81.10% and a net margin of 10.21%. CBS's revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.04 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 1st 2018. View Earnings Estimates for CBS.

How can I listen to CBS's earnings call?

CBS will be holding an earnings conference call on Thursday, November 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882208451.

What price target have analysts set for CBS?

23 Wall Street analysts have issued 1-year target prices for CBS's stock. Their predictions range from $53.00 to $90.00. On average, they expect CBS's share price to reach $66.2159 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for CBS.

What is the consensus analysts' recommendation for CBS?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 9 hold ratings and 14 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. According to Zacks Investment Research, "CBS is gaining from the contribution from Network Ten, which the company acquired in fourth-quarter of 2017. A surge in retransmission revenues and fees from CBS Television Network is also a positive. The company is benefiting from strong demand for content, rise in retransmission rates and expansion of direct-to-consumer business. 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." (10/9/2018)
  • 2. Barrington Research analysts commented, "We are confident in Mr. Ianniello’s capability to direct the operations of CBS. He has been a close partner of Mr. Moonves and actively involved in all of the key initiatives that have defined CBS in recent years. Mr. Moonves and Mr. Ianniello are both strong and decisive personalities with exceptional drive and motivation. Mr. Moonves also has had a reputation as having exceptional creative skills and instincts. Together, they outlined a multi‐year strategy at an Investor Day a few years ago that continues to be the CBS playbook. Mr. Ianniello is a long‐ tenured member of management and has a highly accomplished track record as COO and CFO of CBS. During this period, the company has transformed its revenue mix, reducing its ad related volatility while growing its stable retransmission and syndication revenues." (9/10/2018)
  • 3. Pivotal Research analysts commented, "We continue to value CBS stock at $64 on a YE2018 basis and rate it Hold. CBS reported revenue of $3.9bn for 4Q17, +11% vs. the year-ago period, with adjusted operating income of $739mm and a 19% margin as well as adjusted EPS of $1.20. We forecast +6% revenue growth and $757mm of OI, or 20% margins, with an EPS of $1.15 vs. StreetAccount consensus of +5% revenue growth, $737mm of OI and EPS of $1.14 Revenues were up most at the Entertainment segment, rising +18% on slightly higher margins. Cable networks rose by +9% and Publishing was up by +12% while Local Media was down -14%, largely because of the absence of political advertising. Across the company, non-advertising activities were responsible for more than all of the growth in the quarter, as advertising was down by -3% despite the inclusion of the newly acquired Australia’s Ten Network." (2/16/2018)
  • 4. Benchmark Co. analysts commented, "We continue to rate CBS our favorite content play in the media space, and at just 8x 2018E EV/EBITDA, we believe shares look attractively priced even if a softer overall advertising environment continues." (10/24/2017)

Who are some of CBS's key competitors?

Who are CBS's key executives?

CBS's management team includes the folowing people:
  • Mr. Joseph R. Ianniello, Pres & Acting CEO (Age 50)
  • Mr. Anthony G. Ambrosio, Sr. EVP, Chief Admin. Officer & Chief HR Officer (Age 57)
  • Mr. Lawrence P. Tu, Sr. EVP & Chief Legal Officer (Age 64)
  • Mr. Gil D. Schwartz, Sr. EVP & Chief Communications Officer (Age 66)
  • Ms. Jo Ann Ross, Pres of Sales & Chief Advter. Revenue Officer

Who are CBS's major shareholders?

CBS's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.68%), Focused Investors LLC (0.66%), Bank of Montreal Can (0.15%), Chevy Chase Trust Holdings Inc. (0.07%), Aperio Group LLC (0.06%) and Steigerwald Gordon & Koch Inc. (0.04%). Company insiders that own CBS stock include Anthony G Ambrosio, Arnold Kopelson, Bruce S Gordon, Charles K Gifford, Eugene Beukman, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello, Lawrence Tu 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 State of New Jersey Common Pension Fund D, BB&T Corp, Andra AP fonden, Addenda Capital Inc., Aperio Group LLC, Focused Investors LLC, Chevy Chase Trust Holdings Inc. and Texas Permanent School Fund. Company insiders that have sold CBS company stock in the last year include Anthony G Ambrosio, Arnold Kopelson, Bruce S Gordon, Charles K Gifford, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello and Leslie Moonves. View Insider Buying and Selling for CBS.

Which institutional investors are buying CBS stock?

CBS stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, American Assets Investment Management LLC, Regent Investment Management LLC, Westbourne Investment Advisors Inc., Oakbrook Investments LLC, DAVENPORT & Co LLC, Lourd Capital LLC and Atria Investments LLC. 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 $56.3050.

How big of a company is CBS?

CBS has a market capitalization of $21.51 billion and generates $13.69 billion in revenue each year. The media conglomerate earns $357 million in net income (profit) each year or $4.19 on an earnings per share basis. CBS employs 12,700 workers across the globe.

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:  1,238 (Vote Outperform)
Underperform Votes:  514 (Vote Underperform)
Total Votes:  1,752
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 10/23/2018 by MarketBeat.com Staff

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