CBS Company Profile (NYSE:CBS)

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

CBS announced a quarterly dividend on Monday, May 22nd. Investors 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 dividend yield of 1.17%. The ex-dividend date is Wednesday, June 7th. View CBS's Dividend History.

CBS Co. (NYSE:CBS) posted its quarterly earnings results on Thursday, May, 4th. The company reported $1.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.95 by $0.09. The firm had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.29 billion. CBS had a return on equity of 33.06% and a net margin of 11.32%. CBS's quarterly revenue was down 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.02 EPS. View CBS's Earnings History.

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

28 equities research analysts have issued 1 year price targets for CBS's stock. Their forecasts range from $40.00 to $86.00. On average, they expect CBS's stock price to reach $71.90 in the next twelve months. View Analyst Ratings for CBS.

Here are some recent quotes from research analysts about CBS stock:

• 1. 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)
• 2. FBR & Co analysts commented, "We update CBS estimates ahead of the 1Q17 earnings report, making very muted changes." (4/7/2017)
• 3. 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)
• 4. 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)
• 5. Credit Suisse Group AG analysts commented, " We reinstate coverage of CBS after a period of restriction with an Outperform rating and an unchanged $75 target price. We trim 2017/18 EPS by 4%, to $4.49/$5.31, driven by slightly more conservative assumptions on advertising, but remain bullish on the company's long term growth trajectory and believe the valuation looks compelling after the recent pull-back." (1/20/2017)

Some companies that are related to CBS include Viacom (VIAB), Live Nation Entertainment (LYV), Madison Square Garden Co (MSG), AMC Networks (AMCX), Imax Corp (IMAX), World Wrestling Entertainment (WWE), Marcus Corp (MCS), Global Eagle Entertainment (ENT), Cinedigm Corp (CIDM), Bona Film Group Ltd (BONA), Comcast (CMCSK) and Starz Acquisition LLC (STRZA).

CBS's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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 stock include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu. View Institutional Ownership Trends for CBS.

CBS'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 stock in the last year include Gil D Schwartz, Joseph R Ianniello and Lawrence Tu. View Insider Buying and Selling for CBS.

CBS's stock was acquired 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.

Shares of CBS 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 stock can currently be purchased for approximately $61.57.