Investing In News Corp (NASDAQ: NWSA): Why Should You?

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.

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Stocks Info

The company is listed on the NASDAQ and operates within the Entertainment industry segment. The current market capitalization of News Corp is $14.93B. A total of 1.67 million shares were traded on the day, compared to an average of 2.61M 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. News Corp pays an annual dividend of $0.20, resulting in a dividend yield of 0.72%, and it has a price to earnings (P/E) ratio of 76.64. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NWSA has a high of $28.00 and a low of $19.09.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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 $14.11, while its Total Shareholder’s Equity was $9.14B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

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