It’s Not Over Yet For News Corp (NASDAQ: NWSA)

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. Most recently, Yahoo Finance reported about the stock as it publicized that Realtor.com® February Rental Report: Renting Now Beats Buying in All of the Largest U.S. Metros.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

News Corp is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Entertainment industry. The current market capitalization of News Corp is $14.79B. A total of 1.92 million shares were traded on the day, compared to an average of 2.86M shares.

In the most recent transaction, PANUCCIO SUSAN sold 10,758 shares of NWSA for 21.38 per share on Aug 16 ’23. After the transaction, the Chief Financial Officer now owns 154,287 company shares. In a previous transaction on Aug 15 ’23, PANUCCIO SUSAN sold 184,212 shares at 20.97 per share. NWSA shares that Chief Financial Officer owns now total 165,045.

Among the insiders who sold shares, Pitofsky David B disposed of 58,000 shares on Aug 15 ’23 at a per-share price of $20.98. This resulted in the General Counsel holding 83,291 shares of NWSA after the transaction. In another insider transaction, DeGrazio Marygrace sold 9,754 shares at $21.08 per share on Aug 15 ’23. Company shares held by the Chief Accounting Officer now total 21,722.

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. News Corp pays an annual dividend of $0.20, resulting in a dividend yield of 0.77%, and it has a price to earnings (P/E) ratio of 65.70. NWSA’s most recent ex-dividend date was 3/12/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 4/10/2024. Previously, the company paid the dividend on 10/11/2023 with an ex-dividend date of 9/12/2023. The NWSA stock dividend was $0.10 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. In terms of 52-week highs and lows, NWSA has a high of $28.00 and a low of $16.35.

As of this writing, NWSA has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.08. The company reported an EPS of $0.16 in the last quarter, which was 60.00% higher than expectations of $0.1.

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. NWSA’s latest balance sheet shows that the firm has $1.82B in Cash & Short Term Investments as of fiscal 2022. There were $4.16B in debt and $3.52B in liabilities at the time. Its Book Value Per Share was $14.32, while its Total Shareholder’s Equity was $9.14B.

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 NWSA is Buy with a score of 5.00.

Most Popular

Related Posts