Electronic Arts, Inc. (NASDAQ: EA) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that EA SPORTS Madden NFL 24 Predicts Kansas City Chiefs to Win Second Consecutive Super Bowl.

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Stocks Info

Electronic Arts, Inc. is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Electronic Gaming & Multimedia industry. At the end of the last regular session, the stock closed at $141.04 and fluctuated between $142.10 as its day high and $139.85 as its day low. The current market capitalization of Electronic Arts, Inc. is $37.71B. A total of 2.13 million shares were traded on the day, compared to an average of 1.80M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EA has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 2,500 shares. Over the last 12 months, there were 61 BUYs and 85 SELLs from insiders. Insiders purchased 231,723 shares during that period but sold 210,448.

In the most recent transaction, Canfield Stuart sold 1,500 shares of EA for 140.26 per share on Feb 20. After the transaction, the Chief Financial Officer now owns 4,894 company shares. In a previous transaction on Feb 15, Schatz Jacob J. sold 1,000 shares at 143.24 per share. EA shares that Chief Legal Officer owns now total 20,258.

Among the insiders who sold shares, Ubinas Luis A disposed of 4,872 shares on Feb 07 at a per-share price of $136.84. This resulted in the Director holding 0 shares of EA after the transaction. In another insider transaction, Miele Laura sold 2,000 shares at $137.43 per share on Feb 01. Company shares held by the Chief Operating Officer now total 38,548.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Electronic Arts, Inc. pays an annual dividend of $0.76, resulting in a dividend yield of 0.54%, and it has a price to earnings (P/E) ratio of 35.61. EA’s most recent ex-dividend date was 2/27/2024 when it declared a $0.19 quarterly dividend that was paid in cash on 2/20/2024. Previously, the company paid the dividend on 12/20/2023 with an ex-dividend date of 11/28/2023. The EA stock dividend was $0.19 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for EA in the last 3 months, the mean price target is $151.02 with high estimates of $165.00 and low estimates of $125.00. In terms of 52-week highs and lows, EA has a high of $144.53 and a low of $108.53.

As of this writing, EA has an earnings estimate of $1.54 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $1.66 per share and a lower estimate of $1.34. The company reported an EPS of $1.46 in the last quarter, which was 16.80% higher than expectations of $1.25.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EA’s latest balance sheet shows that the firm has $3.06B in Cash & Short Term Investments as of fiscal 2022. There were $1.96B in debt and $3.51B in liabilities at the time. Its Book Value Per Share was $28.09, while its Total Shareholder’s Equity was $7.62B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EA is Buy with a score of 4.00.

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