Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Equities research analysts at FBR & Co increased their Q1 2018 earnings estimates for shares of Twenty-First Century Fox in a report released on Tuesday. FBR & Co analyst B. Crockett now forecasts that the company will post earnings of $0.48 per share for the quarter, up from their prior estimate of $0.46. FBR & Co also issued estimates for Twenty-First Century Fox’s Q4 2018 earnings at $0.48 EPS and FY2018 earnings at $2.06 EPS.

A number of other research firms have also weighed in on FOXA. Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Piper Jaffray Companies reissued a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. Sanford C. Bernstein reissued a “market perform” rating on shares of Twenty-First Century Fox in a research note on Tuesday, September 12th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $35.00 price target (down previously from $37.00) on shares of Twenty-First Century Fox in a research note on Thursday, October 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $35.00 price target (up previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $33.58.

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Twenty-First Century Fox (NASDAQ FOXA) opened at $24.97 on Thursday. The company has a quick ratio of 1.82, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $47.78 billion, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 1.73 and a beta of 1.26.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. The company had revenue of $6.75 billion for the quarter, compared to analyst estimates of $6.79 billion. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share.

The business also recently disclosed a semiannual dividend, which was paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, September 12th. This represents a yield of 1.29%. Twenty-First Century Fox’s payout ratio is 22.64%.

A number of institutional investors have recently bought and sold shares of the business. Candriam Luxembourg S.C.A. lifted its position in Twenty-First Century Fox by 76.8% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after acquiring an additional 113,484 shares during the period. Breton Hill Capital Ltd. acquired a new stake in Twenty-First Century Fox during the 3rd quarter worth approximately $1,458,000. Swiss National Bank lifted its position in Twenty-First Century Fox by 0.9% during the 3rd quarter. Swiss National Bank now owns 3,877,299 shares of the company’s stock worth $102,283,000 after acquiring an additional 34,800 shares during the period. Nicolet Bankshares Inc. lifted its holdings in shares of Twenty-First Century Fox by 17.4% in the 3rd quarter. Nicolet Bankshares Inc. now owns 21,288 shares of the company’s stock valued at $562,000 after buying an additional 3,150 shares during the period. Finally, Prudential Financial Inc. lifted its holdings in shares of Twenty-First Century Fox by 37.7% in the 3rd quarter. Prudential Financial Inc. now owns 2,365,808 shares of the company’s stock valued at $62,410,000 after buying an additional 647,790 shares during the period. 53.55% of the stock is owned by institutional investors.

Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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