News Corporation (NWS)
| Market Cap | 15.12B |
| Revenue (ttm) | 9.94B |
| Net Income (ttm) | 208.00M |
| Shares Out | 558.42M |
| EPS (ttm) | 0.36 |
| PE Ratio | 75.22 |
| Forward PE | 33.73 |
| Dividend | $0.20 (0.74%) |
| Ex-Dividend Date | Mar 12, 2024 |
| Volume | 213,063 |
| Open | 27.08 |
| Previous Close | 27.12 |
| Day's Range | 26.93 - 27.16 |
| 52-Week Range | 18.19 - 28.92 |
| Beta | 1.36 |
| Analysts | Strong Buy |
| Price Target | 29.50 (+8.94%) |
| Earnings Date | May 8, 2024 |
About NWS
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 in 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 OPIS through various... [Read more]
Financial Performance
In 2023, NWS's revenue was $9.88 billion, a decrease of -4.87% compared to the previous year's $10.39 billion. Earnings were $149.00 million, a decrease of -76.08%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for NWS stock is "Strong Buy." The 12-month stock price forecast is $29.5, which is an increase of 8.94% from the latest price.
News
News Corp misses quarterly revenue estimates
Media conglomerate News Corp on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book publishing bus...
News Corporation Reports Third Quarter Results for Fiscal 2024
NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended March 31, 2024. Commenting o...
With The Stock Flat This Year, Will Q3 Results Drive News Corp's Stock Higher?
[Note: News Corp Fiscal Year Ends in June]
News Corp Denies Reported AI Content Licensing Deal with Google
News Corp has denied a report that it has struck a deal with Google to develop content and products related to artificial intelligence (AI).
Google to pay up to $6 mln to News Corp for new AI-content, The Information reports
Alphabet's Google has agreed to pay News Corp , the owner of Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content, the Information reported on Tuesday.
News Corp to Report Fiscal 2024 Third Quarter Earnings
NEW YORK--(BUSINESS WIRE)--News Corp will release its third quarter Fiscal 2024 results on Wednesday, May 8, 2024. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio w...
Dow Jones Smart Money, a Collection of Free-to-Read Personal Finance Content, Launches Today
The site is part of a broader focus on financial literacy at Dow Jones that aims to empower readers who want to sharpen their financial acumen. NEW YORK , April 15, 2024 /PRNewswire/ -- Dow Jones to...
Dow Jones Risk & Compliance Deploys Generative AI to Transform Due Diligence
Combining trusted data and cutting-edge NLP and GenAI technologies, Dow Jones Integrity Check will reshape risk management workflows NEW YORK , April 9, 2024 /PRNewswire/ -- Dow Jones Risk & Complianc...
OPIS Launches Inaugural Asia-Pacific Carbon Report
New report offers daily price transparency in Australia, China, New Zealand and South Korea SINGAPORE , March 25, 2024 /PRNewswire/ -- OPIS, a Dow Jones company and a leading provider of environmental...
News Corp eyes joint Telegraph bid with Daily Mail, Jeff Zucker's RedBird: report
A joint bid by the three would result in a smaller stake for Jeff Zucker's Redbird IMI, according to the report.
Murdoch's News Corp eyes joint Telegraph bid with rivals, Bloomberg News reports
Rupert Murdoch's News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph alongside the UAE-backed investment fund RedBird IMI, Bloomberg News report...
News Corp to Participate in the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference
NEW YORK--(BUSINESS WIRE)--News Corp announced today that Chief Financial Officer Susan Panuccio will participate in the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference on Monday, March...
News Corp to Participate in the Morgan Stanley Technology, Media & Telecom Conference
NEW YORK--(BUSINESS WIRE)--News Corp announced today that Chief Executive Robert Thomson will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 4, 2024. The ses...
Americans Hold on to the Dream of Homeownership
40% of Hopeful Buyers Would Consider Buying if Rates Hit 6% or below and Millennials and Gen Z Are Even More Bullish SANTA CLARA, Calif. , Feb. 21, 2024 /PRNewswire/ -- Despite a challenging few years...
News Corp in ‘advanced' talks with AI firms on deals to license content, CEO says
Thomson said News Corp believes "courtship is preferable to courtrooms" to solve the hotly debated issue.
News Corp Stock Rises as Surge in Digital Subs Offsets Weak Ad Revenue—Key Level to Watch
News Corp (NWS) shares moved higher ahead of Thursday's opening bell after The Wall Street Journal parent surpassed quarterly earnings and sales estimates, spearheaded by growth in the company's Dow J...
News Corp beats quarterly revenue estimates
Media conglomerate News Corp beat Wall Street estimates for second-quarter revenue on Wednesday, driven by growth in digital subscriptions at business information unit Dow Jones and a rebound in the b...
News Corporation Reports Second Quarter Results for Fiscal 2024
NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2023. Commentin...
News Corp to Report Fiscal 2024 Second Quarter Earnings
NEW YORK--(BUSINESS WIRE)--News Corp will release its second quarter Fiscal 2024 results on Wednesday, February 7, 2024. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panu...
Where Is News Corp Stock Headed After Growing 29% In The Past Year?
After a 29% rise over the last twelve months, at the current price of around $23 per share, we believe News Corp stock (NASDAQNDAQ: NWSA), a global, diversified media and information services company,...
News Corp names Arthur Bochner chief communications officer
News Corp announced Thursday that veteran communications advisor Arthur Bochner will become chief communications officer and executive vice president, following the retirement later this year of longt...
Arthur Bochner Named Next News Corp Chief Communications Officer
NEW YORK--(BUSINESS WIRE)--News Corp today announced that veteran communications advisor Arthur Bochner will become Chief Communications Officer and Executive Vice President, following the retirement ...
News Corp's Dow Jones to Participate in UBS Global Media and Communications Conference
NEW YORK--(BUSINESS WIRE)--News Corp announced today that Chief Executive Officer of Dow Jones and Publisher of The Wall Street Journal Almar Latour will participate in the UBS Global Media and Commun...
Rupert Murdoch steps down from News Corp, YF looks at what it could mean for 2024 election coverage
Lachlan Murdoch is now the Chair of News Corporation (NWSA, NWS), replacing his father Rupert, who became Chairman Emeritus. On Friday, the same transition will occur at Fox Corporation (FOXA, FOX), t...
Rupert Murdoch says son Lachlan a ‘principled leader' as he takes helm of News Corp and Fox
Rupert Murdoch called his son Lachlan a "principled leader" poised to navigate a changing media landscape as the 52-year-old executive took the helm at News Corp and Fox.