Fox Corporation (NASDAQ:FOX) Receives Average Recommendation of “Hold” from Brokerages

Fox Corporation (NASDAQ:FOX) has been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $75.00.

FOX has been the topic of a number of research analyst reports. Guggenheim reissued a “buy” rating and issued a $85.00 target price on shares of FOX in a research note on Monday, December 22nd. Wells Fargo & Company cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a research note on Monday, December 29th. Zacks Research cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Bank of America reaffirmed an “underperform” rating and set a $45.00 price objective (down from $80.00) on shares of FOX in a research note on Wednesday, February 25th.

Key Stories Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fox announced a sponsored integration with Kalshi to add realtime prediction‑market data across FOX News, FOX Business, FOX Weather and FOX One — a commercial/product move that can increase on‑platform engagement and create new sponsorship inventory. Fox Corporation Partners With Kalshi to Add Prediction Market Data to FOX News and FOX One
• Positive Sentiment: Escalating Iran tensions and an approaching U.S. deadline are major international stories that boost live news viewership and ad revenues across cable and streaming — Fox is running multiple breaking segments on this topic. Trump deadline for Iran ticks closer as Islamic republic rejects temporary ceasefire
• Positive Sentiment: Houthis’ threats to a key Red Sea shipping lane represent another sustained international crisis likely to drive sustained coverage and audience interest for Fox’s business/world desks. Second choke point crisis looms as Houthis threaten key Red Sea shipping lane
• Positive Sentiment: High‑profile rescue/operation coverage (reports of aircraft losses and CIA deception around a US airman rescue) supplies dramatic live content that typically pulls higher overnight and daytime ratings. Multiple aircrafts destroyed in mission to rescue US airman in Iran, no casualties
• Neutral Sentiment: Domestic breaking stories (ICE‑related investigations, DC “takeover” arrests, local criminal coverage) provide steady, lower‑risk engagement but are less likely to move earnings materially by themselves. Feds investigate ICE-involved shooting in California
• Neutral Sentiment: Wide mix of opinion/political clips and international human‑interest footage (human chains in Iran, pundit segments) sustain platform traffic but carry uncertain revenue impact. Iranian officials urge civilians to form human chains around energy sites
• Negative Sentiment: Competitive pressure and industry comparisons (head‑to‑head analyses with Warner Bros. Discovery) remind investors of content/cost competition in cable and streaming — a longer‑term constraint on growth and margins. FOX (NASDAQ:FOX) vs. Warner Bros. Discovery (NASDAQ:WBD) Head-To-Head Comparison

FOX Stock Up 0.5%

FOX opened at $53.75 on Wednesday. The stock has a market cap of $22.87 billion, a PE ratio of 12.92, a P/E/G ratio of 6.48 and a beta of 0.54. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60. FOX has a 52 week low of $43.33 and a 52 week high of $68.18. The business’s fifty day simple moving average is $54.30 and its 200 day simple moving average is $57.88.

FOX (NASDAQ:FOX) last released its earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.31. The business had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. As a group, research analysts expect that FOX will post 4.25 earnings per share for the current fiscal year.

FOX Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is 13.46%.

Insider Transactions at FOX

In other news, CEO Lachlan K. Murdoch sold 637,752 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the transaction, the chief executive officer directly owned 152 shares of the company’s stock, valued at approximately $8,846.40. This trade represents a 99.98% 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, COO John Nallen sold 242,309 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $57.74, for a total value of $13,990,921.66. Following the transaction, the chief operating officer directly owned 357,653 shares in the company, valued at $20,650,884.22. This trade represents a 40.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,586,871 shares of company stock worth $91,893,926 over the last ninety days. Insiders own 23.06% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FOX. Marshall Wace LLP grew its stake in shares of FOX by 792.4% during the third quarter. Marshall Wace LLP now owns 3,184,642 shares of the company’s stock valued at $182,448,000 after buying an additional 2,827,768 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of FOX by 2,459.6% in the fourth quarter. SG Americas Securities LLC now owns 413,037 shares of the company’s stock worth $26,818,000 after purchasing an additional 396,900 shares during the last quarter. Pinebridge Investments LLC bought a new stake in shares of FOX in the fourth quarter worth about $13,758,000. Gabelli Funds LLC grew its stake in shares of FOX by 26.4% in the third quarter. Gabelli Funds LLC now owns 538,400 shares of the company’s stock worth $30,845,000 after purchasing an additional 112,600 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of FOX by 427.0% in the first quarter. Jane Street Group LLC now owns 97,261 shares of the company’s stock worth $5,127,000 after purchasing an additional 78,804 shares during the last quarter. 26.41% of the stock is owned by institutional investors.

About FOX

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.