News (NWSA) Stock Price, News & Analysis

Company Overview

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates through six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones Energy through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates Monday to Friday, Saturday and Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through satellite and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; digital real estate services; and financial services. News Corporation was founded in 2012 and is headquartered in New York, New York.

Key Stats

• Today's Range: $28.72 to $29.43
• 50-Day Range: $25.68 to $29.52
• 52-Week Range: $21.52 to $30.03
• Volume: 902,130 shs
• Average Volume: 2.66 million shs
• Market Capitalization: $16.70 billion
• P/E Ratio: 47.35
• Dividend Yield: 0.68%
• Price Target: $38.67
• Consensus Rating: Buy

News Stock Analysis - MarketRank™

News scored higher than 89% of companies evaluated by MarketBeat, and ranked 37th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

News has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

News has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 32.94%

Earnings Growth

Earnings for News are expected to grow by 32.94% in the coming year, from $0.85 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of News is 47.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

Price to Earnings Ratio vs. Sector

The P/E ratio of News is 47.35, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.55.

Price to Book Value per Share Ratio

News has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.55% of the float of News has been sold short.

Short Interest Ratio / Days to Cover

News has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in News has recently decreased by 21.47%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

News has a dividend yield of 0.69%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

News does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of News is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, News will have a dividend payout ratio of 17.70% next year. This indicates that News will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.55% of the float of News has been sold short.

Short Interest Ratio / Days to Cover

News has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in News has recently decreased by 21.47%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.24

News Sentiment

News has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for News this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for NWSA on MarketBeat in the last 30 days.

MarketBeat Follows

Only 2 people have added News to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, News insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.60% of the stock of News is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

66.97% of the stock of News is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NWSA Stock Analysis - Frequently Asked Questions

How have NWSA shares performed this year?

News' stock was trading at $24.55 at the beginning of the year. Since then, NWSA stock has increased by 19.6% and is now trading at $29.36.
View the best growth stocks for 2024 here.

How were News' earnings last quarter?

News Co. (NASDAQ:NWSA) issued its quarterly earnings data on Thursday, August, 8th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm's revenue for the quarter was up 5.9% on a year-over-year basis.
Read the conference call transcript.

Does News have any subsidiaries?

News subsidiaries include Investor's Business Daily, News Technology Services, Wireless Group plc, Unruly, VCCircle, BigDecisions, NWS Digital India Pvt Ltd, and more.

Who are News' major shareholders?

Top institutional shareholders of News include State Street Corp (4.54%), Barclays PLC (2.59%), Yacktman Asset Management LP (2.14%) and Geode Capital Management LLC (1.69%). Insiders that own company stock include Susan Panuccio, David B Pitofsky and Marygrace Degrazio.
View institutional ownership trends.

How do I buy shares of News?

Shares of NWSA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of News own?

Based on aggregate information from My MarketBeat watchlists, some other companies that News investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 10/9 Dividend: 9/11/2024
• Dividend Payable: 10/09/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/05/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Newspapers
• Sub-Industry: Movies & Entertainment
• Current Symbol: NASDAQ:NWSA
• CUSIP: 65248E10
• CIK: 1564708
• Web: www.newscorp.com
• Phone: (212) 416-3400
• Fax: N/A
• Employees: 23,900
• Year Founded: 1979

Price Target and Rating

• Average Stock Price Target: $38.67
• High Stock Price Target: $40.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +32.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.62
• Trailing P/E Ratio: 47.02
• Forward P/E Ratio: 34.29
• P/E Growth: N/A
• Net Income: $266 million
• Net Margins: 3.49%
• Pretax Margin: 6.44%
• Return on Equity: 4.76%
• Return on Assets: 2.58%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.38
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $10.09 billion
• Price / Sales: 1.64
• Cash Flow: $2.04 per share
• Price / Cash Flow: 14.32
• Book Value: $15.83 per share
• Price / Book: 1.84

Miscellaneous

• Outstanding Shares: 568,680,000
• Free Float: 491,337,000
• Market Cap: $16.58 billion
• Optionable: Optionable
• Beta: 1.34