News Corporation (NWS)

NASDAQ: NWS · Real-Time Price · USD
29.04
-0.11 (-0.38%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.38%
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]

Industry Entertainment
Founded 2012
Employees 23,900
Stock Exchange NASDAQ
Ticker Symbol NWS
Full Company Profile

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 Statements

Analyst 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.

Price Target
$35.0
(20.52% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

13 hours ago - PRNewsWire

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.

7 days ago - Reuters

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...

8 days ago - Reuters

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...

8 days ago - Business Wire

Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit

Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.

8 days ago - WSJ

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 ...

9 days ago - PRNewsWire

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...

9 days ago - PYMNTS

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'

10 days ago - The Guardian

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 ...

10 days ago - Deadline

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.

10 days ago - New York Post

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 ...

10 days ago - Reuters

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...

22 days ago - GuruFocus

What's Happening With News Corp Stock?

[Note: News Corp Fiscal 2024 Ended in June]

27 days ago - Forbes

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...

4 weeks ago - PRNewsWire

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.

4 weeks ago - Market Watch

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...

5 weeks ago - PRNewsWire

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

5 weeks ago - Market Watch

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - Market Watch

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 ...

7 weeks ago - New York Post

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...

7 weeks ago - Reuters

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...

7 weeks ago - Business Wire

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 ...

7 weeks ago - Reuters

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...

7 weeks ago - Business Wire

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.

Other symbols: MCK
7 weeks ago - Benzinga