News Corporation (NWS)
Market Cap | 15.84B |
Revenue (ttm) | 10.09B |
Net Income (ttm) | 266.00M |
Shares Out | 568.58M |
EPS (ttm) | 0.46 |
PE Ratio | 59.54 |
Forward PE | 34.13 |
Dividend | $0.20 (0.69%) |
Ex-Dividend Date | Sep 11, 2024 |
Volume | 832,882 |
Open | 29.04 |
Previous Close | 29.15 |
Day's Range | 28.91 - 29.22 |
52-Week Range | 21.19 - 29.61 |
Beta | 1.35 |
Analysts | Strong Buy |
Price Target | 35.00 (+20.52%) |
Earnings Date | Nov 7, 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 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 Energ... [Read more]
Financial Performance
In 2024, News Corp's revenue was $10.09 billion, an increase of 2.09% compared to the previous year's $9.88 billion. Earnings were $266.00 million, an increase of 78.52%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for NWS stock is "Strong Buy." The 12-month stock price forecast is $35.0, which is an increase of 20.52% from the latest price.
News
Demand Rises as Sellers List their Homes and Buy New Ones
September's rate drop and increase in new listings led to October's increase in pending sales, but could rising rates in October hinder momentum? Affordability issues in swing states may have these vo...
Perplexity says will defend itself in the Dow Jones, New York Post lawsuit
Perplexity said on Thursday the allegations of copyright infringement in a lawsuit filed by Dow Jones and the New York Post were misleading, and vowed to defend itself.
Perplexity CEO 'surprised' by Dow Jones, New York Post lawsuit against startup
Perplexity CEO Aravind Srinivas was "surprised" by a lawsuit from media baron Rupert Murdoch's Dow Jones and the New York Post against the search startup, he said at the WSJ Tech Live conference on We...
News Corp to Report Fiscal 2025 First Quarter Earnings
NEW YORK--(BUSINESS WIRE)--News Corp will release its first quarter Fiscal 2025 results on Thursday, November 7, 2024. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panucc...
Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit
Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.
Dow Jones to Expand WSJ Tech Live Event to Qatar
Exclusive tech event will convene business leaders, investors and thought leaders in 2025 LAGUNA BEACH, Calif. , Oct. 22, 2024 /PRNewswire/ -- Dow Jones announced today the expansion of WSJ Tech Live ...
News Corp-Owned Publishers File Copyright Infringement Suit Against Perplexity
Two News Corp-owned publishers — Wall Street Journal (WSJ) parent company Dow Jones and the New York Post — have filed a copyright infringement lawsuit against artificial intelligence (AI) search engi...
Rupert Murdoch's Dow Jones and New York Post sue AI firm for ‘illegal copying'
Publishers file suit against Perplexity AI, accusing startup of ‘brazen scheme' and ‘freeriding on valuable content'
Wall Street Journal, New York Post Sue Jeff Bezos-Backed Perplexity As AI Battles Rage
Dow Jones & Co., parent of the Wall Street Journal, and the New York Post, both owned by News Corp., sued the Jeff Bezos-backed generative AI startup Perplexity for copyright infringement, the latest ...
NY Post, Wall Street Journal sue Jeff Bezos-backed Perplexity AI for ripping off content
NYP Holdings, Inc. and Dow Jones, subsidiaries of News Corp, jointly filed the lawsuit against Perplexity AI in Manhattan federal court on Monday.
Murdoch firms Dow Jones and New York Post sue Perplexity AI
Media baron Rupert Murdoch's Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a "massive amount of illegal copying" of their copyrighted ...
News Corporation (NWSA) Updates on Stock Repurchase Program
News Corporation (NWSA, Financial) has recently filed a Form 8-K with the United States Securities and Exchange Commission, detailing updates on its ongoing stock repurchase program. As part of this p...
What's Happening With News Corp Stock?
[Note: News Corp Fiscal 2024 Ended in June]
Mortgage Lock-In Effect Shows Signs of Easing as New Listings Increase
Newly listed homes increased by 11.6% YOY and actively listed homes rose 33.9% YOY, according to Realtor.com® September Housing Report SANTA CLARA, Calif. , Oct. 3, 2024 /PRNewswire/ -- Sellers got mo...
News Corp's REA gives up on pursuit of Rightmove after four rejections
After four rejections, Australia's REA on Monday finally gave up its pursuit of Britain's Rightmove.
Dow Jones Smart Money and Operation HOPE Partner to Provide $3.5 Million in MarketWatch Subscriptions to U.S. High Schools
Joint Initiative Reinforces Partnership Aimed to Bolster Both Organizations' Commitment to Financial Literacy NEW YORK , Sept. 26, 2024 /PRNewswire/ -- Dow Jones today announced a new initiative betwe...
News Corp's REA submits improved $8.1 billion bid for U.K.'s Rightmove
The improved offer would see REA Group pay a 9.2% higher price than the one it originally offered to pay in its Sept. 5 bid
Where Is New Construction Creating Affordable Housing Options? Look to the South and the West
A New Report from Realtor.com found South Carolina, North Carolina and Idaho are the top three states leading the new construction activity and affordability rankings New Construction Nationally is He...
News Corp's REA says $7.3 billion bid for Rightmove was rejected
News Corp-controlled REA Group will have to sweeten the deal if it is to bring together two of the English-speaking world's dominant real-estate listing websites, after U.K. counterpart Rightmove rebu...
News Corp would lose $9M over nixing ‘clunky' Google advertising tools, former exec testifies
News Corp considered ditching Google's advertising products in 2017 – but decided against it after determining it would cost the company at least $9 million in lost revenue, a former executive at The ...
News Corp would lose $9 million by ditching Google ads, ex-exec testifies
News Corp explored switching away from Google's advertising tools in 2017 but estimated that doing so would lose the Wall Street Journal publisher at least $9 million in ad revenue, a former executive...
News Corp Responds to Non-Binding Stockholder Proposal
NEW YORK--(BUSINESS WIRE)--News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) (the “Company”) confirmed today that a stockholder has submitted a non-binding proposal for presentation at News Corp's 2024 A...
Starboard proposes that News Corp eliminates dual-class shares
Hedge fund Starboard Value confirmed on Monday it had filed a shareholder resolution to eliminate the dual-class share structure that allows Rupert Murdoch to control News Corp , the publisher of the ...
Starboard Value Issues Letter to News Corp Shareholders Regarding a Proposal to Eliminate the Company's Dual-Class Share Structure at the 2024 Annual Meeting
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”), a significant shareholder of News Corporation (Nasdaq: NWSA, NWS) (“News Corp” or the “Company”), tod...
McKesson, News Corporation And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed lower by over 500 points during Friday's session. Investors, meanwhile, focused on some notable insider trades.