News Corporation (NWSA)

NASDAQ: NWSA · IEX Real-Time Price · USD
21.17
-0.30 (-1.40%)
Feb 3, 2023, 4:00 PM EST - Market closed
-1.4%
Market Cap 12.27B
Revenue (ttm) 10.36B
Net Income (ttm) 467.00M
Shares Out 579.39M
EPS (ttm) 0.80
PE Ratio 26.46
Forward PE 27.62
Dividend $0.20 (0.94%)
Ex-Dividend Date Sep 13, 2022
Volume 2,510,567
Open 21.21
Previous Close 21.47
Day's Range 21.01 - 21.41
52-Week Range 14.87 - 23.73
Beta 1.29
Analysts Buy
Price Target 23.61 (+11.53%)
Earnings Date Feb 9, 2023

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 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]

Industry Entertainment
CEO Robert Thomson
Employees 25,500
Stock Exchange NASDAQ
Ticker Symbol NWSA
Full Company Profile

Financial Performance

In 2022, NWSA's revenue was $10.39 billion, an increase of 10.97% compared to the previous year's $9.36 billion. Earnings were $623.00 million, an increase of 88.79%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NWSA stock is "Buy." The 12-month stock price forecast is $23.61, which is an increase of 11.53% from the latest price.

Price Target
$23.61
(11.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

US Markets Recover from Big Losses and End Flat

U.S. stocks started the trading day on Wednesday, Jan. 25, with steep declines, but market indexes recovered toward the end the day.

1 week ago - Investopedia

News Corp investors cheer Murdoch's decision to scrap tie-up with Fox

Large shareholders in News Corp on Wednesday applauded Rupert Murdoch's decision to withdraw a proposal to reunite the owner of Dow Jones and Fox Corp , as News Corp decided to pursue a sale of Move I...

Other symbols: FOXNWS
1 week ago - Reuters

What made News Corp stock gain 10% on Wednesday?

Shares of New Corp (NASDAQ: NWS) are up nearly 10% on Wednesday after Rupert Murdoch scrapped plans of recombining the mass media company with Fox Corp (NASDAQ: FOX).

Other symbols: NWS
1 week ago - Invezz

NWSA Stock Alert: What to Know as Rupert Murdoch Abandons Merger Plans

News Corporation (NASDAQ: NWSA) stock is in the news Wednesday after a merger plan between it and Fox Corporation (NASDAQ: FOXA , FOX) was terminated. Lachlan Murdoch, the executive chairman and CEO...

Other symbols: FOXA
1 week ago - InvestorPlace

Murdoch abandons bid to reunite News Corp and Fox Corp

A proposed reunion of two parts of Rupert Murdoch's empire has been abandoned by the media tycoon.

Other symbols: FOXFOXANWS
1 week ago - Skynews

Irenic Capital Comments on Withdrawal of Proposal to Combine News Corp and Fox

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, L.P. (together with its affiliates, “Irenic” or “we”), which is the holder of approximately 2.6% of the class B voting shares of News Corporatio...

Other symbols: FOXA
1 week ago - Business Wire

Rupert Murdoch Scraps Plans To Reunite Fox And News Corp.

The decision will keep high-profile media outlets like the Wall Street Journal and Fox News in separate companies, both run by Murdoch and his family.

Other symbols: FOXNWS
1 week ago - Forbes

Rupert Murdoch Won't Try to Recombine Fox, News Corp.

Rupert Murdoch said he was abandoning plans to recombine Fox Corp. and News Corp., two media companies he controls. Geetha Ranganathan of Bloomberg Intelligence has more.

Other symbols: FOXNWS
1 week ago - Bloomberg Markets and Finance

Rupert Murdoch no longer seeking Fox-News Corp merger

Yahoo Finance anchor Dave Briggs reports on Rupert Murdoch no longer pursuing a merger between Fox and News Corporation.

Other symbols: FOXNWS
1 week ago - Yahoo Finance

Fox Corporation and News Corp will not merge

Lachlan Murdoch announced Tuesday that Fox Corp. and News Corp. will not merge after a special committee explored a potential combination of the two companies.

Other symbols: FOXNWS
1 week ago - Fox Business

Rupert Murdoch calls off proposed Fox-News Corp merger

Billionaire mogul says in letter that proposal to reunite companies he split up a decade ago ‘not optimal' for shareholders

Other symbols: FOXNWS
1 week ago - The Guardian

Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp

Rupert Murdoch called off his effort to merge the two parts of his media empire, News Corp and Fox Corp., saying the transaction “is not optimal” for shareholders of the companies at this time.

Other symbols: FOXFOXANWS
1 week ago - WSJ

Rupert Murdoch scraps plan to merge Fox and News Corp

Rupert Murdoch called off his effort to merge the two parts of his media empire, News Corp NWS and Fox Corp. FOX, saying the transaction “is not optimal” for shareholders of the companies at this time...

Other symbols: FOXNWS
1 week ago - Market Watch

Rupert Murdoch's News Corp. And Fox Abandon Potential Merger After Special Committee Found “A Combination Is Not Optimal For Shareholders”

News Corp. and Fox Corp., both controlled by Rupert Murdoch, have abandoned a potential merger after a special committee determined that “a combination is not optimal for shareholders.” Multiple share...

Other symbols: FOXNWS
1 week ago - Deadline

Rupert Murdoch scraps proposal to combine Fox, News Corp

Rupert Murdoch withdrew a proposal to re-unite News Corp and Fox Corp , indicating that he and his son Lachlan Murdoch, Fox Corp's head, determined that a combination of the companies was "not optimal...

Other symbols: FOXNWS
1 week ago - Reuters

News Corp's Stock Down 15% Over Last Year, What's Next?

After a 15% decline over the last year, at the current price of around $19 per share, we believe News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is fairly...

Other symbols: NWS
2 weeks ago - Forbes

Dow Jones news to lay off employees today–union

Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron's and MarketWatch, plans to lay off a number of employees on Wednesday, according to IAPE, t...

Other symbols: NWS
3 weeks ago - Reuters

Fox Corp., News Corp will stay at Midtown HQ for another 20 years

Changes overseen by asset manager Hines are to include a renovated main Sixth Avenue, lobby, upgrades to the outdoor plaza, and creation of a new 47th Street lobby.

Other symbols: FOXFOXANWS
1 month ago - New York Post

Fox, News Corp Sign Long-Term Office Leases for Midtown Manhattan

Rupert Murdoch's media companies renew for 20 more years, a welcome sign for Manhattan's struggling office market.

Other symbols: FOXNWS
1 month ago - WSJ

Bloomberg has no interest in acquiring Dow Jones or the Washington Post, spokesman says

Bloomberg L.P. confirmed on Sunday that it has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet.

Other symbols: NWS
1 month ago - Reuters

Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet

Michael Bloomberg has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones from News Corp, two sources familiar with the matter told Reuters, after news website Axios repor...

Other symbols: NWS
1 month ago - Reuters

News Corp. (NWSA) Up 12.6% Since Last Earnings Report: Can It Continue?

News Corp. (NWSA) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Fox, News Corp. Hire Independent Advisors, Clarify Rupert Murdoch Role Amid Merger Deliberations

Rupert Murdoch and the Murdoch Family Trust will not vote in favor of a Fox-News Corp. merger unless the combination has the blessing of special committees of outside directors, and of non-Murdoch aff...

Other symbols: FOXNWS
2 months ago - Deadline

Fox Considering Best Interests “Of All Its Shareholders” In Possible News Corp. Merger, CFO Promises After Big Investors Sound Off

Fox CFO Steven Tomsic promised that “whatever happens” as its board considers merging with News Corp., creating value for shareholders “will be at the forefront of everyone's mind.” Last month, Rupert...

Other symbols: FOXNWS
2 months ago - Deadline

Gaming Innovation Group enters into strategic commercial partnership with News UK

COPENHAGEN, Denmark , Dec. 2, 2022 /PRNewswire/ -- Gaming Innovation Group (GiG) has entered into a new commercial partnership with News Corp UK & Ireland Limited. News UK serves millions of online re...

Other symbols: NWS
2 months ago - PRNewsWire