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. Stockholders 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 earnings results on Tuesday, November, 12th. The media conglomerate reported $0.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.04. The media conglomerate earned $3.30 billion during the quarter, compared to analyst estimates of $3.37 billion. CBS had a return on equity of 44.13% and a net margin of 18.98%. The company's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.24 earnings per share. View CBS's Earnings History.

CBS is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for CBS.

18 brokerages have issued 1-year target prices for CBS's shares. Their forecasts range from $31.00 to $64.00. On average, they anticipate CBS's stock price to reach $51.94 in the next year. This suggests a possible upside of 27.4% from the stock's current price. View Analyst Price Targets for CBS.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 3 sell ratings, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CBS.

News headlines about CBS stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. 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 coverage optimism score of -1.0 on InfoTrie's scale. They also assigned headlines about the media conglomerate a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few 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), Starbucks (SBUX), Home Depot (HD), CVS Health (CVS) and Boeing (BA).

CBS's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.21%), Janney Montgomery Scott LLC (0.08%), Kempner Capital Management Inc. (0.02%), Steward Partners Investment Advisory LLC (0.02%), Corrado Advisors LLC (0.01%) and Hudson Capital Management LLC (0.01%). 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 Ferguson Wellman Capital Management Inc., Corrado Advisors LLC, FNY Investment Advisers LLC and New England Research & Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System, Janney Montgomery Scott LLC, Hudson Capital Management LLC, Steward Partners Investment Advisory LLC, Kempner Capital Management Inc., JGP Global Gestao de Recursos Ltda., Creative Financial Designs Inc. ADV and Hollencrest Capital Management. 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]