Seaport Res Ptn Issues Optimistic Outlook for FOX Earnings

Fox Co. (NASDAQ:FOXA - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q3 2025 earnings estimates for FOX in a note issued to investors on Friday, April 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $1.05 per share for the quarter, up from their previous estimate of $0.98. 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 $1.30 EPS, FY2025 earnings at $4.75 EPS and FY2026 earnings at $4.95 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, beating the consensus estimate of $0.62 by $0.34. The company had revenue of $5.08 billion for 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 firm's revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 EPS.

A number of other equities analysts have also recently issued reports on FOXA. Citigroup boosted their price objective on FOX from $50.00 to $58.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Bank of America upped their price target on shares of FOX from $50.00 to $55.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Wells Fargo & Company lowered their price objective on shares of FOX from $64.00 to $63.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Barclays dropped their target price on shares of FOX from $50.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Finally, Cfra Research raised shares of FOX from a "hold" rating to a "moderate buy" rating in a research note on Monday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $51.06.

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FOX Trading Down 1.3 %

Shares of FOXA traded down $0.63 during mid-day trading on Monday, reaching $48.89. 4,433,430 shares of the company's stock traded hands, compared to its average volume of 3,366,299. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.14. The stock's 50-day moving average is $53.98 and its two-hundred day moving average is $48.89. FOX has a 12 month low of $30.02 and a 12 month high of $58.74. The stock has a market cap of $22.17 billion, a P/E ratio of 10.47, a P/E/G ratio of 1.27 and a beta of 0.51.

Institutional Investors Weigh In On FOX

A number of large investors have recently modified their holdings of the business. Pacer Advisors Inc. boosted its stake in FOX by 5.4% in the 4th quarter. Pacer Advisors Inc. now owns 8,340,762 shares of the company's stock worth $405,194,000 after purchasing an additional 425,186 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of FOX by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,815,004 shares of the company's stock worth $185,344,000 after buying an additional 39,959 shares during the last quarter. Northern Trust Corp lifted its stake in shares of FOX by 17.1% during the fourth quarter. Northern Trust Corp now owns 3,501,659 shares of the company's stock worth $170,111,000 after buying an additional 511,554 shares during the period. Norges Bank purchased a new stake in shares of FOX during the fourth quarter valued at $132,161,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of FOX by 8.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,676,877 shares of the company's stock valued at $130,043,000 after acquiring an additional 219,016 shares during the period. Hedge funds and other institutional investors own 52.52% of the company's stock.

Insider Buying and Selling at FOX

In other news, Chairman Keith Rupert Murdoch sold 58,000 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $53.17, for a total transaction of $3,083,860.00. Following the transaction, the chairman now directly owns 1,200,862 shares of the company's stock, valued at approximately $63,849,832.54. This represents a 4.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam G. Ciongoli sold 1,278 shares of the 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 sale, the insider now owns 29,897 shares of the company's stock, valued at approximately $1,618,324.61. This represents a 4.10 % decrease in their position. The disclosure for this sale can be found here. Insiders own 21.77% of the company's stock.

FOX Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a yield of 1%. FOX's dividend payout ratio is presently 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.