NYSE:CBS - CBS Stock Price, Forecast & News

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

CBS declared a quarterly dividend on Thursday, August 1st. Investors of record on Tuesday, September 10th will be paid a dividend of $0.18 per share on Tuesday, October 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend is Monday, September 9th. View CBS's Dividend History.

CBS Co. (NYSE:CBS) announced its quarterly earnings data on Tuesday, November, 12th. The media conglomerate reported $0.95 EPS for the quarter, beating the Zacks' consensus estimate of $0.91 by $0.04. The media conglomerate earned $3.30 billion during the quarter, compared to analysts' expectations of $3.37 billion. CBS had a return on equity of 44.13% and a net margin of 18.98%. The business's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 earnings per share. View CBS's Earnings History.

CBS is scheduled to release their next quarterly earnings announcement on Thursday, April 30th 2020. View Earnings Estimates for CBS.

17 brokers have issued 1 year price objectives for CBS's stock. Their forecasts range from $31.00 to $64.00. On average, they anticipate CBS's share price to reach $51.67 in the next year. This suggests a possible upside of 26.7% from the stock's current price. View Analyst Price Targets for CBS.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 3 sell ratings, 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CBS.

Media stories about CBS stock have trended negative on Saturday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CBS earned a news impact score of -2.0 on InfoTrie's scale. They also gave headlines about the media conglomerate a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days. View News Stories for CBS.

Some companies that are related to CBS include Discovery Communications (DISCA), Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Entercom Communications (ETM), Saga Communications (SGA), Entravision Communication (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

Based on aggregate information from My MarketBeat watchlists, some companies that other CBS investors own include Netflix (NFLX), AT&T (T), Verizon Communications (VZ), Walt Disney (DIS), Citigroup (C), Intel (INTC), Home Depot (HD), Starbucks (SBUX), Bank of America (BAC) and Boeing (BA).

CBS's stock is owned by a number of of institutional and retail investors. Top institutional investors include UBS Asset Management Americas Inc. (0.97%), Sumitomo Mitsui Trust Holdings Inc. (0.57%), New York State Teachers Retirement System (0.21%), AustralianSuper Pty Ltd (0.21%), Mitsubishi UFJ Trust & Banking Corp (0.16%) and Chevy Chase Trust Holdings Inc. (0.12%). Company insiders that own CBS stock include Anthony G Ambrosio, Gary L Countryman, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello and Leslie Moonves. View Institutional Ownership Trends for CBS.

CBS stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, SG Americas Securities LLC, Reaves W H & Co. Inc., Wellington Shields Capital Management LLC, Regent Investment Management LLC, Ferguson Wellman Capital Management Inc., Tredje AP fonden and Corrado Advisors LLC. Company insiders that have sold CBS company stock in the last year include Gary L Countryman and Jonathan Anschell. View Insider Buying and Selling for CBS.

CBS stock was purchased by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., AustralianSuper Pty Ltd, New York State Teachers Retirement System, Foundry Partners LLC, Mitsubishi UFJ Trust & Banking Corp, Oregon Public Employees Retirement Fund and Chevy Chase Trust Holdings Inc.. View Insider Buying and Selling for CBS.

One share of CBS stock can currently be purchased for approximately $40.77.

CBS has a market capitalization of $15.28 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.

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

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]