CBS Corporation operates as a mass media company worldwide. The company operates in 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 theatrical films; and digital streaming services.
Read More…
Industry, Sector and Symbol
Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Phone212-975-4321
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.51 billion
Profitability
Miscellaneous
Employees12,770
Next Earnings Date11/12/2019 (Confirmed)
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 Thursday, August 1st. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.18 per share on Tuesday, October 1st. This represents a $0.72 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Monday, September 9th. View CBS's Dividend History.
How were CBS's earnings last quarter?
CBS Co. (NYSE:CBS) released its quarterly earnings data on Thursday, August, 8th. The media conglomerate reported $1.16 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.13 by $0.03. The media conglomerate earned $3.80 billion during the quarter, compared to analysts' expectations of $3.71 billion. CBS had a return on equity of 55.03% and a net margin of 20.13%. CBS's revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.12 EPS. View CBS's Earnings History.
When is CBS's next earnings date?
How can I listen to CBS's earnings call?
CBS will be holding an earnings conference call on Tuesday, November 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for CBS?
17 equities research analysts have issued 1 year target prices for CBS's stock. Their forecasts range from $35.00 to $70.00. On average, they expect CBS's stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 52.4% from the stock's current price. View Analyst Price Targets for CBS.
What is the consensus analysts' recommendation for CBS?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBS in the last year. There are currently 2 sell ratings, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. Barrington Research analysts commented, "We are confident in current management to achieve its stated goals and drive shareholder value." (2/19/2019)
- 2. 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)
- 3. 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)
- 4. 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)
Has CBS been receiving favorable news coverage?
News coverage about CBS stock has trended neutral this week, according to InfoTrie Sentiment. The research group identifies negative and positive media 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 five, with scores closest to five being the most favorable. CBS earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave media coverage about the media conglomerate a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for CBS.
Are investors shorting CBS?
CBS saw a increase in short interest in August. As of August 31st, there was short interest totalling 10,700,400 shares, an increase of 6.2% from the July 31st total of 10,072,800 shares. Based on an average daily trading volume, of 2,800,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 3.3% of the shares of the stock are sold short. View CBS's Current Options Chain.
Who are some of CBS's key competitors?
Some companies that are related to CBS include FOX (FOXA), FOX (FOX), CBS (CBS.A), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Grupo Televisa SAB (TV), Nexstar Media Group (NXST), Tribune (TRCO), Sinclair Broadcast Group (SBGI), TEGNA (TGNA), PROSIEBENSAT 1/ADR (PBSFY), Television Francaise 1 (TVFCF), Gray Television (GTN.A) and Gray Television (GTN).
What other stocks do shareholders of CBS own?
Who are CBS's key executives?
CBS's management team includes the folowing people:
- Mr. Joseph R. Ianniello, Pres & Acting CEO (Age 51)
- Mr. Anthony G. Ambrosio, Consultant (Age 58)
- Mr. Lawrence P. Tu, Sr. Advisor to CEO (Age 65)
- Ms. Jo Ann Ross, Pres of Sales & Chief Advter. Revenue Officer
- Ms. Christina Spade, Exec. VP & CFO (Age 49)
Who are CBS's major shareholders?
CBS's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.05%), State of Alaska Department of Revenue (0.02%), Corrado Advisors LLC (0.02%), Kempner Capital Management Inc. (0.01%), Hennessy Advisors Inc. (0.01%) and Pacer Advisors Inc. (0.01%). Company insiders that own CBS stock include Anthony G Ambrosio, Arnold Kopelson, Bruce S Gordon, Charles K Gifford, Gary L Countryman, Gil D Schwartz, Jonathan Anschell, Joseph R Ianniello 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 Ferguson Wellman Capital Management Inc., Gateway Investment Advisers LLC, Valeo Financial Advisors LLC, Everence Capital Management Inc., Fox Run Management L.L.C., Crossmark Global Holdings Inc., Hennessy Advisors Inc. and Corrado Advisors LLC. Company insiders that have sold CBS company stock in the last year include Anthony G Ambrosio, Gary L Countryman and Jonathan Anschell. View Insider Buying and Selling for CBS.
Which major investors are buying CBS stock?
CBS stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Kempner Capital Management Inc., State of Alaska Department of Revenue, Triangle Securities Wealth Management, Capital Asset Advisory Services LLC, Chesley Taft & Associates LLC, NuWave Investment Management LLC and Cerebellum GP 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, Robinhood, Fidelity and Charles Schwab.
What is CBS's stock price today?
One share of CBS stock can currently be purchased for approximately $38.07.
How big of a company is CBS?
CBS has a market capitalization of $14.26 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.
What is CBS's official website?
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)
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.
