News Corporation (NWSA)
Market Cap | 16.57B |
Revenue (ttm) | 10.16B |
Net Income (ttm) | 355.00M |
Shares Out | 568.47M |
EPS (ttm) | 0.62 |
PE Ratio | 46.88 |
Forward PE | 31.09 |
Dividend | $0.20 (0.69%) |
Ex-Dividend Date | Sep 11, 2024 |
Volume | 356,851 |
Open | 29.25 |
Previous Close | 29.15 |
Day's Range | 28.72 - 29.30 |
52-Week Range | 21.52 - 30.04 |
Beta | 1.35 |
Analysts | Strong Buy |
Price Target | 36.25 (+24.34%) |
Earnings Date | Nov 7, 2024 |
About NWSA
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 5 analysts, the average rating for NWSA stock is "Strong Buy." The 12-month stock price forecast is $36.25, which is an increase of 24.34% from the latest price.
News
News Corp. Defeats Shareholder Push To Ditch Super Voting Stock Amid Succession Jitters
News Corp. has defeated a shareholder proposal to adopt a recapitalization plan to eliminate News Corp's dual-class capital structure that includes regular shares and super-voting share, most of which...
News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure
Shareholders voted down Starboard Value's proposal, which was aimed at damping the Murdoch family's influence over the media conglomerate.
Murdoch family retains majority control of News Corp after shareholder vote
Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votes
News Corp says investors reject proposal to end dual class voting structure
News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's grip on the publisher by ending a dual class voting structure.
News Corp Statement Following the 2024 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) today announced that, at its Annual Meeting of Stockholders, stockholders overwhelmingly elected the company's full slate of D...
Dow Jones Launches Factiva Smart Summary
Dow Jones announces GenAI content licensing agreements with thousands of sources worldwide NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Dow Jones today announced the launch of Factiva Smart Summary, a new...
News Corporation (NWSA) Q1 2025 Earnings Call Transcript
News Corporation (NASDAQ:NWSA) Q1 2025 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Michael Florin - SVP and Head of IR Robert Thomson - CEO Susan Panuccio - CFO Conferen...
Dow Jones Expands Investment in Ripjar
Increased Minority Ownership Stake Furthers Growing Commitment to the Risk and Compliance Market NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Dow Jones today announced it has expanded its ownership stake i...
News Corp posts record Q1 revenue to beat Wall Street estimates
News Corp posted record first-quarter revenue driven by growth at its digital real estate services, book publishing and Dow Jones segments, blowing past Wall Street estimates, the company said Thursda...
News Corp Financial Chief Panuccio to Resign; Chandrashekar Named Successor
The media company named Lavanya Chandrashekar as its next CFO, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.
News Corp beats quarterly revenue estimates, announces CFO change
News Corp beat estimates for first-quarter revenue and profit on Thursday, driven by growth in its digital real estate services, book publishing and Dow Jones segments.
Susan Panuccio to Depart News Corp in 2025, with Lavanya Chandrashekar Joining the Company as New Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) announced today that Susan Panuccio will step down from her role as Chief Financial Officer on January 1, 2025, and will be su...
News Corporation Reports First Quarter Results for Fiscal 2025
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 September 30, 2024. Commenti...
Leading Proxy Advisory Firms in the United States and Australia – ISS, Glass Lewis, Egan-Jones, and Ownership Matters – Unanimously Recommend Shareholders Vote FOR Starboard's Proposal to Eliminate News Corp's Dual-Class Share Structure
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard” or “we”), one of the largest shareholders of News Corporation (Nasdaq: NWSA, NWS) ("News Corp" or the "Company"...
Activist Irenic backs Starboard's push to end News Corp's dual-class structure
Activist investor Irenic said it would back fellow dissident Starboard Value's push to collapse News Corp's dual class share structure. Irenic previously pushed to block a considered merger between Ru...
Irenic Capital to Support Elimination of News Corp's Dual-Class Share Structure
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, L.P. today announced that it has sent the below letter to the Board of Directors of News Corporation (NASDAQ: NWSA, NWS): November 5, 2024 News Co...
News Corp shareholders urged to end dual-class voting structure by more firms
Two more U.S. proxy advisory firms on Tuesday urged News Corp investors to support a hedge fund's campaign to change the company's dual-class share structure, saying no investor should have voting rig...
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'