Twenty-First Century Fox Inc (NASDAQ:FOXA) – Stock analysts at B. Riley issued their Q1 2019 earnings estimates for Twenty-First Century Fox in a research report issued on Thursday. B. Riley analyst B. Crockett forecasts that the company will post earnings of $0.60 per share for the quarter. B. Riley has a “Buy” rating and a $46.00 price target on the stock. B. Riley also issued estimates for Twenty-First Century Fox’s Q2 2019 earnings at $0.37 EPS, Q3 2019 earnings at $0.70 EPS, Q4 2019 earnings at $0.64 EPS and FY2019 earnings at $2.31 EPS.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The company had revenue of $8.04 billion during the quarter, compared to analyst estimates of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share.
Shares of Twenty-First Century Fox (FOXA) opened at $35.73 on Friday. The stock has a market capitalization of $66,190.82, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.87 and a beta of 1.32. Twenty-First Century Fox has a 52 week low of $24.81 and a 52 week high of $39.13. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.73 and a current ratio of 2.16.
Hedge funds have recently modified their holdings of the business. Sterling Capital Management LLC lifted its stake in shares of Twenty-First Century Fox by 1.2% in the 2nd quarter. Sterling Capital Management LLC now owns 8,494 shares of the company’s stock valued at $241,000 after acquiring an additional 99 shares during the last quarter. Intellectus Partners LLC lifted its stake in shares of Twenty-First Century Fox by 8.1% in the 2nd quarter. Intellectus Partners LLC now owns 14,127 shares of the company’s stock valued at $400,000 after acquiring an additional 1,058 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Twenty-First Century Fox by 36.6% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 6,282 shares of the company’s stock valued at $217,000 after acquiring an additional 1,684 shares during the last quarter. Creative Planning lifted its stake in shares of Twenty-First Century Fox by 4.1% in the 4th quarter. Creative Planning now owns 44,246 shares of the company’s stock valued at $1,528,000 after acquiring an additional 1,732 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Twenty-First Century Fox by 19.0% in the 3rd quarter. Private Advisor Group LLC now owns 11,355 shares of the company’s stock valued at $301,000 after acquiring an additional 1,813 shares during the last quarter. 54.26% of the stock is owned by hedge funds and other institutional investors.
The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. This represents a yield of 0.00503778337531486%. The ex-dividend date is Tuesday, March 13th. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 16.82%.
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About Twenty-First Century Fox
Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
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