CBS Corporation Company Profile (NYSE:CBS)

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

CBS Corporation announced a quarterly dividend on Monday, May 22nd. Stockholders 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 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Wednesday, June 7th. View CBS Corporation's Dividend History.

CBS Corporation (NYSE:CBS) posted its earnings results on Thursday, May, 4th. The company reported $1.04 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.95 by $0.09. The business earned $3.34 billion during the quarter, compared to the consensus estimate of $3.29 billion. CBS Corporation had a return on equity of 41.55% and a net margin of 3.96%. CBS Corporation's revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter last year, the company earned $1.02 earnings per share. View CBS Corporation's Earnings History.

CBS Corporation is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for CBS Corporation.

27 analysts have issued 12-month price objectives for CBS Corporation's stock. Their predictions range from $40.00 to $86.00. On average, they anticipate CBS Corporation's stock price to reach $71.83 in the next twelve months. View Analyst Ratings for CBS Corporation.

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

• 1. Benchmark Co. analysts commented, "We suspect that estimate will prove conservative given the cross-sport draw (and the unknown undercard, which could feature additional cross-sport matchups) despite what most believe will be an uncompetitive contest, while noting that the $606 million gross forecast includes an estimated $20 million more in PPV sales than Mayweather-Pacquiao. However, given the novelty of the matchup, we prefer to remain conservative at this point in time, raising our estimates by slightly less than what CBS took in for the Mayweather-Pacquiao event." (6/16/2017)
• 2. 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)
• 3. FBR & Co analysts commented, "We update CBS estimates ahead of the 1Q17 earnings report, making very muted changes." (4/7/2017)
• 4. 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)
• 5. UBS AG analysts commented, "Our EPS is unchanged at $1.10, +20% Y/Y (Street $1.10), though we are lowering Revenue by $326m and EBITDA by $86m due to moving radio to discontinued ops to match the company's reporting style after the deal to merge the unit with Entercom. We see CBS network advertising revenue -5% Y/Y (core flat ex 3 fewer Thursday NFL games and election pre-emptions), TV station advertising revenue +18% (core flat ex political and Thurs NFL) and total company licensing revenue -12% Y/Y (Showtime titles shifted to 3Q, tough comp vs. initial international delivery). Key will be underlying network advertising growth (weak NFL ratings) and forward pacings (Super Bowl comp: UBSe -24%, Core -0.4%), Entertainment margins less NFL, Showtime revenue growth and Showtime OTT/CBS All Access subscribers." (2/13/2017)

Some companies that are related to CBS Corporation include Sky Plc (SKY), Sky Plc (BSY), Liberty Media Corporation (LSXMA), Liberty Media Corporation (LSXMK), ITV plc (ITV), Sinclair Broadcast Group (SBGI), TiVo Corporation (TIVO), Liberty Media Corporation (BATRK), Gray Television (GTN), Central European Media Enterprises (CETV), Global Eagle Entertainment (ENT), Phoenix New Media Limited (FENG), Comcast (CMCSK), Directv (DTV), Starz Acquisition LLC (STRZA) and Starz Acquisition LLC (LCAPA).

CBS Corporation's management team includes the folowing people:

• Leslie Moonves, Chairman of the Board, President, Chief Executive Officer
• Shari E. Redstone, Vice Chair of the Board
• Joseph R. Ianniello, Chief Operating Officer
• Anthony G. Ambrosio, Senior Executive Vice President, Chief Administrative Officer and Chief Human Resources Officer
• Lawrence Liding, Executive Vice President, Chief Accounting Officer, Controller
• Jonathan Howard Anschell, Executive Vice President, Deputy General Director, Secretary
• Gil Schwartz, Senior Executive Vice President, Chief Communications Officer
• Lawrence P. Tu, Senior Executive Vice President and Chief Legal Officer
• Richard M. Jones, Senior Vice President, General Tax Counsel
• David R. Andelman, Director

CBS Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Focused Investors LLC (0.28%), Sit Investment Associates Inc. (0.09%), BB&T Corp (0.05%), Aperio Group LLC (0.05%), Handelsbanken Fonder AB (0.04%) and Harvey Capital Management Inc. (0.04%). Company insiders that own CBS Corporation stock include Anthony G Ambrosio, Gil D Schwartz, Joseph R Ianniello, Lawrence Tu and Leslie Moonves. View Institutional Ownership Trends for CBS Corporation.

CBS Corporation's stock was sold by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Exxonmobil Investment Management Inc. TX, Murphy Capital Management Inc., Private Capital Advisors Inc., Boyd Watterson Asset Management LLC OH, Xact Kapitalforvaltning AB, Capstone Asset Management Co. and Eqis Capital Management Inc.. Company insiders that have sold CBS Corporation stock in the last year include Anthony G Ambrosio, Gil D Schwartz, Joseph R Ianniello, Lawrence Tu and Leslie Moonves. View Insider Buying and Selling for CBS Corporation.

CBS Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Focused Investors LLC, Sit Investment Associates Inc., BB&T Corp, Aperio Group LLC, Bedrijfstakpensioenfonds Voor DE Media PNO, Centre Asset Management LLC, Berson & Corrado Investment Advisors LLC and LS Investment Advisors LLC. View Insider Buying and Selling for CBS Corporation.

Shares of CBS Corporation 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 Corporation stock can currently be purchased for approximately $65.83.