Seaport Res Ptn Has Positive Outlook for FOX FY2025 Earnings

Fox Co. (NASDAQ:FOXA) – Analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for FOX in a report released on Tuesday, February 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of $4.63 for the year, up from their prior estimate of $4.01. The consensus estimate for FOX’s current full-year earnings is $4.12 per share. Seaport Res Ptn also issued estimates for FOX’s Q4 2025 earnings at $1.24 EPS and FY2026 earnings at $4.81 EPS.

FOX (NASDAQ:FOXA) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.34. FOX had a net margin of 13.40% and a return on equity of 16.49%. The business had revenue of $5.08 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the company earned $0.34 EPS. The business’s revenue was up 19.9% on a year-over-year basis.

FOXA has been the topic of several other reports. Wells Fargo & Company increased their target price on FOX from $59.00 to $64.00 and gave the stock an “overweight” rating in a report on Wednesday. TD Cowen raised their target price on shares of FOX from $36.00 to $42.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Evercore ISI raised shares of FOX to a “hold” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. lifted their price objective on shares of FOX from $49.00 to $54.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, The Goldman Sachs Group upped their target price on FOX from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, FOX has a consensus rating of “Hold” and a consensus price target of $50.19.

FOX Trading Down 2.4 %

Shares of NASDAQ:FOXA opened at $53.24 on Friday. The business’s 50 day simple moving average is $48.79 and its 200 day simple moving average is $44.03. FOX has a 1 year low of $28.28 and a 1 year high of $55.56. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.59 and a quick ratio of 2.33. The company has a market capitalization of $24.32 billion, a P/E ratio of 13.02, a P/E/G ratio of 1.25 and a beta of 0.76.

FOX Announces Dividend

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be given a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a dividend yield of 1%. FOX’s dividend payout ratio (DPR) is presently 13.20%.

Insider Activity

In related news, Chairman Keith Rupert Murdoch sold 186,871 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $46.22, for a total transaction of $8,637,177.62. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Adam G. Ciongoli sold 1,278 shares of FOX stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $54.13, for a total transaction of $69,178.14. Following the completion of the sale, the insider now directly owns 29,897 shares of the company’s stock, valued at approximately $1,618,324.61. This trade represents a 4.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 21.77% of the company’s stock.

Institutional Trading of FOX

Several large investors have recently made changes to their positions in FOXA. SRS Capital Advisors Inc. grew its position in FOX by 91.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 550 shares of the company’s stock valued at $27,000 after purchasing an additional 262 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of FOX in the 4th quarter worth about $28,000. Jones Financial Companies Lllp lifted its holdings in shares of FOX by 61.5% in the fourth quarter. Jones Financial Companies Lllp now owns 654 shares of the company’s stock valued at $32,000 after purchasing an additional 249 shares in the last quarter. Brooklyn Investment Group boosted its holdings in FOX by 142.5% during the 4th quarter. Brooklyn Investment Group now owns 793 shares of the company’s stock worth $39,000 after acquiring an additional 466 shares during the last quarter. Finally, Quest Partners LLC purchased a new position in FOX during the third quarter worth about $51,000. 52.52% of the stock is currently owned by institutional investors and hedge funds.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.