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

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$48.46 -0.78 (-1.58 %)
(As of 01/23/2019 02:20 AM ET)
Previous Close$49.24
Today's Range$48.24 - $49.22
52-Week Range$41.38 - $60.10
Volume3.25 million shs
Average Volume3.64 million shs
Market Capitalization$18.14 billion
P/E Ratio11.57
Dividend Yield1.48%
Beta1.29
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$13.69 billion
Cash Flow$4.9550 per share
Book Value$5.16 per share

Profitability

Net Income$357 million

Miscellaneous

Employees12,700
Market Cap$18.14 billion
OptionableOptionable

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 declared a quarterly dividend on Tuesday, November 6th. Shareholders of record on Tuesday, December 11th will be paid a dividend of $0.18 per share on Tuesday, January 1st. This represents a $0.72 annualized dividend and a yield of 1.49%. The ex-dividend date is Monday, December 10th. View CBS's Dividend History.

How were CBS's earnings last quarter?

CBS Co. (NYSE:CBS) announced its quarterly earnings data on Thursday, November, 1st. The media conglomerate reported $1.24 EPS for the quarter, topping the consensus estimate of $1.22 by $0.02. The media conglomerate earned $3.26 billion during the quarter, compared to analyst estimates of $3.25 billion. CBS had a return on equity of 86.51% and a net margin of 9.42%. The business's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.11 EPS. View CBS's Earnings History.

When is CBS's next earnings date?

CBS is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for CBS.

How can I listen to CBS's earnings call?

CBS will be holding an earnings conference call on Thursday, February 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882044368.

What price target have analysts set for CBS?

21 Wall Street analysts have issued 12 month price targets for CBS's shares. Their predictions range from $53.00 to $90.00. On average, they anticipate CBS's stock price to reach $66.2083 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Price Targets for CBS.

What is the consensus analysts' recommendation for CBS?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 9 hold ratings and 12 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. 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)
  • 2. 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)
  • 3. 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)
  • 4. 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)
  • 5. 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)

Has CBS been receiving favorable news coverage?

Media coverage about CBS stock has trended very positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBS earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave headlines about the media conglomerate a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 51)
  • Mr. Lawrence P. Tu, Sr. EVP & Chief Legal Officer (Age 65)
  • Mr. Anthony G. Ambrosio, Consultant (Age 58)
  • Ms. Jo Ann Ross, Pres of Sales & Chief Advter. Revenue Officer
  • Ms. Christina Spade, Exec. VP & CFO

Who are CBS's major shareholders?

CBS's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.14%), Klingenstein Fields & Co. LLC (0.12%), Ferguson Wellman Capital Management Inc. (0.11%), Retirement Systems of Alabama (0.07%), Community Trust & Investment Co. (0.05%) 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 major investors are selling CBS stock?

CBS stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Gulf International Bank UK Ltd, Addenda Capital Inc., Klingenstein Fields & Co. LLC, BB&T Corp, Retirement Systems of Alabama, Tealwood Asset Management Inc. and Community Trust & Investment Co.. Company insiders that have sold CBS company stock in the last year include Anthony G Ambrosio, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello and Leslie Moonves. View Insider Buying and Selling for CBS.

Which major investors are buying CBS stock?

CBS stock was acquired by a variety of institutional investors in the last quarter, including Ferguson Wellman Capital Management Inc., Douglass Winthrop Advisors LLC, American Trust Investment Advisors LLC, James Investment Research Inc., Westbourne Investment Advisors Inc., QUANTRES ASSET MANAGEMENT Ltd, Fox Run Management L.L.C. and Landsberg Bennett & Dubbaneh 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 $48.46.

How big of a company is CBS?

CBS has a market capitalization of $18.14 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:  1,263 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  1,790
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 1/23/2019 by MarketBeat.com Staff

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