Is News Corp (NASDAQ: NWS) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that Realtor.com® March Housing Report: Housing Market Takes a Step in a Buyer-Friendly Direction.

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

NWS belongs to the Communication Services sector of the NASDAQ while operating in the Entertainment industry. The current market capitalization of News Corp is $14.96B. A total of 0.78 million shares were traded on the day, compared to an average of 775.70K shares.

In the most recent transaction, PANUCCIO SUSAN sold 10,758 shares of NWS 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. NWS 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 NWS 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

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. News Corp pays an annual dividend of $0.20, resulting in a dividend yield of 0.76%, and it has a price to earnings (P/E) ratio of 66.48. NWS’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 NWS stock dividend was $0.10 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, NWS has a high of $28.92 and a low of $16.49.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NWS’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

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 NWS is Buy with a score of 0.00.

Most Popular

Related Posts