FY2025 Earnings Forecast for FOX Issued By Seaport Res Ptn

Fox Co. (NASDAQ:FOXA - Free Report) - Analysts at Seaport Res Ptn boosted their FY2025 earnings per share estimates for shares of FOX in a research note issued to investors on Tuesday, February 4th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings per share of $4.63 for the year, up from their prior estimate of $4.01. The consensus estimate for FOX's current full-year earnings is $4.38 per share. Seaport Res Ptn also issued estimates for FOX's Q4 2025 earnings at $1.24 EPS and FY2026 earnings at $4.81 EPS.

FOX (NASDAQ:FOXA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.34. The business had revenue of $5.08 billion during the quarter, compared to the consensus estimate of $4.78 billion. FOX had a net margin of 14.39% and a return on equity of 18.50%. The company's quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.34 earnings per share.

Several other brokerages also recently issued reports on FOXA. Guggenheim increased their price objective on shares of FOX from $55.00 to $60.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. JPMorgan Chase & Co. raised their price objective on FOX from $49.00 to $54.00 and gave the company a "neutral" rating in a research note on Wednesday, February 5th. Citigroup increased their target price on FOX from $50.00 to $58.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. Barclays boosted their price target on FOX from $39.00 to $50.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of FOX from $42.00 to $47.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $50.19.

FOX Trading Up 0.6 %

Shares of FOX stock traded up $0.33 during trading hours on Friday, reaching $53.58. The stock had a trading volume of 1,043,555 shares, compared to its average volume of 3,421,286. The firm has a 50 day simple moving average of $49.16 and a two-hundred day simple moving average of $44.41. The company has a current ratio of 2.50, a quick ratio of 2.33 and a debt-to-equity ratio of 0.57. FOX has a 1 year low of $28.28 and a 1 year high of $55.56. The firm has a market capitalization of $24.47 billion, a price-to-earnings ratio of 11.47, a P/E/G ratio of 1.17 and a beta of 0.76.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Creative Planning increased its position in FOX by 119.2% during the second quarter. Creative Planning now owns 29,277 shares of the company's stock worth $1,006,000 after acquiring an additional 15,921 shares during the period. Sanctuary Advisors LLC bought a new position in shares of FOX during the 2nd quarter worth about $962,000. Czech National Bank grew its position in FOX by 3.9% during the third quarter. Czech National Bank now owns 45,762 shares of the company's stock worth $1,937,000 after buying an additional 1,714 shares in the last quarter. GAMMA Investing LLC raised its holdings in FOX by 65.1% in the 3rd quarter. GAMMA Investing LLC now owns 5,505 shares of the company's stock valued at $233,000 after acquiring an additional 2,171 shares in the last quarter. Finally, Mather Group LLC. lifted its position in shares of FOX by 74.5% in the 3rd quarter. Mather Group LLC. now owns 4,178 shares of the company's stock worth $177,000 after acquiring an additional 1,784 shares during the period. 52.52% of the stock is owned by institutional investors.

Insider Activity at FOX

In other news, insider Adam G. Ciongoli sold 1,278 shares of the business's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $54.13, for a total value of $69,178.14. Following the completion of the sale, the insider now directly owns 29,897 shares in the company, valued at approximately $1,618,324.61. The trade was a 4.10 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Keith Rupert Murdoch sold 186,871 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $46.22, for a total transaction of $8,637,177.62. The disclosure for this sale can be found here. 21.77% of the stock is currently owned by company insiders.

FOX Announces Dividend

The company also recently declared a semi-annual dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 5th. This represents a dividend yield of 1%. FOX's dividend payout ratio is 11.56%.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.