Canlı Haberler • May 07
Zillow and Realtor.com Expand Pre-Market Listings Access for Homebuyers and Sellers Zillow and Realtor.com are extending “Preview” pre-market home listings to appear on both platforms starting this summer.
The partnership is designed to give sellers wider early exposure for their properties and buyers earlier visibility into homes before they officially list.
For News Corp investors, this development matters because Realtor.com sits inside the company’s Digital Real Estate Services portfolio. Shared “Preview” listings with Zillow could increase user engagement on Realtor.com by giving buyers more reasons to check the site earlier in their home search and giving agents and sellers a broader audience from day one.
The agreement also underlines how major online real estate platforms are working together on data access and listing transparency. For you, the key questions are how this wider funnel of pre-market traffic might translate over time into lead volume, advertiser interest or partnerships tied to Realtor.com, and how that compares with other segments inside News Corp’s broader digital and media mix. Buy Or Sell Opportunity • Apr 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.3% to US$26.20. The fair value is estimated to be US$32.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Duyuru • Apr 22
News Corporation to Report Q3, 2026 Results on May 07, 2026 News Corporation announced that they will report Q3, 2026 results on May 07, 2026 Upcoming Dividend • Mar 04
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 11 March 2026. Payment date: 08 April 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (2.8%). Declared Dividend • Feb 09
First half dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 11th March 2026 Payment date: 8th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 06
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: US$0.34 (down from US$0.40 in 2Q 2025). Revenue: US$2.36b (up 5.5% from 2Q 2025). Net income: US$193.0m (down 15% from 2Q 2025). Profit margin: 8.2% (down from 10% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 1.2%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 06
News Corporation Declares Cash Dividend for the Six Months Ended December 31, 2025, Payable on April 8, 2026 News Corporation declared cash dividend of USD 0.10 per share for Class A Common Stock and Class B Common Stock for the six months ended December 31, 2025. Dividend payable on April 8, 2026 to stockholders of record as of March 11, 2026. Ex Date is March 10, 2026. Duyuru • Jan 21
News Corporation to Report Q2, 2026 Results on Feb 05, 2026 News Corporation announced that they will report Q2, 2026 results on Feb 05, 2026 Reported Earnings • Nov 07
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.20 (down from US$0.21 in 1Q 2025). Revenue: US$2.14b (up 2.3% from 1Q 2025). Net income: US$112.0m (down 5.1% from 1Q 2025). Profit margin: 5.2% (down from 5.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 30
Realtor.Com Introduces "Fly Around" A New 360Deg Satellite View to Help Home Shoppers See the Bigger Picture Realtor.com announced the upcoming launch of FlyAround, a first of its kind immersive low-altitude satellite view. This innovative new feature, rolling out over the next few weeks, leverages 3D Maps from Google Maps Platform and transforms how consumers experience property listings, offering a dynamic, spatially rich perspective directly from listing pages. With FlyAround, powered by TopHap Inc, home shoppers can move beyond the limitations of static photos and maps to see properties in full context--lot size, topography, and how a home fits into its surrounding neighborhood. This powerful new view will help users gain a deeper understanding of a property's true setting, empowering them to make more informed decisions earlier in their home search journey. Duyuru • Oct 24
News Corporation to Report Q1, 2026 Results on Nov 06, 2025 News Corporation announced that they will report Q1, 2026 results on Nov 06, 2025 Duyuru • Oct 09
News Corporation, Annual General Meeting, Nov 19, 2025 News Corporation, Annual General Meeting, Nov 19, 2025. Duyuru • Sep 10
News Corporation has completed a Follow-on Equity Offering in the amount of $456.613458 million. News Corporation has completed a Follow-on Equity Offering in the amount of $456.613458 million.
Security Name: Class B Common Stock
Security Type: Common Stock
Securities Offered: 14,071,293
Price\Range: $32.45
Discount Per Security: $0.47 Duyuru • Sep 09
News Corporation has filed a Follow-on Equity Offering. News Corporation has filed a Follow-on Equity Offering.
Security Name: Class B Common Stock
Security Type: Common Stock
Securities Offered: 14,182,161 Upcoming Dividend • Sep 03
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 10 September 2025. Payment date: 08 October 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (3.3%). Recent Insider Transactions Derivative • Aug 20
CEO & Director exercised options and sold US$15m worth of stock On the 15th of August, Robert Thomson exercised options to acquire 513k shares at no cost and sold these for an average price of US$29.80 per share. This trade did not impact their existing holding. For the year to June 2019, Robert's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. As of today, Robert currently holds no shares directly. Company insiders have collectively sold US$25m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Aug 08
Final dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 10th September 2025 Payment date: 8th October 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 16%. Duyuru • Aug 07
News Corporation announces Semi-Annual dividend, payable on October 08, 2025 News Corporation announced Semi-Annual dividend of USD 0.1000 per share payable on October 08, 2025, ex-date on September 10, 2025 and record date on September 10, 2025. Reported Earnings • Aug 06
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$0.85 (up from US$0.47 in FY 2024). Revenue: US$8.45b (down 16% from FY 2024). Net income: US$480.0m (up 81% from FY 2024). Profit margin: 5.7% (up from 2.6% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 111%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 05
New York Post Media Group Launches New Media Venture, the California Post, in Early 2026 New York Post Media Group (NYPMG) launched a new media venture, The California Post, in early 2026. The California Post will offer readers a unique and indispensable combination of fearless, common-sense journalism, celebrity and entertainment news, world class sports reporting and the legendary covers people expect from TheNew York Post--but from a distinctly California perspective. The California Post content will appear across multiple platforms and formats, including mobile and desktop sites, video, audio, social media and importantly, a daily print edition. The California Post will be headquartered in Los Angeles and staffed by a robust team of tenacious editors, retailers and photographers dedicated to covering the stories that matter most to the people who live and work in the Golden State. Across print, digital and social channels, the team will chronicle the incredible state of California--a global power center of culture, sports, business and politics. The California Post will also leverage NYPMG's national news gathering capabilities, sharing resources with TheNew York Post and adding even more value for readers. This new venture is launching at the right time for NYPMG, California and Los Angeles. The Post brand, influence and reach has never been stronger, with The Post Digital Network, which includes NYPost.com, Page Six.com and Decider.com, attracting 90 million unique visitors in June alone. 90 million unique visitors inJune alone. 90% of Post digital readers already live outside of the New York media market. Los Angeles is home to the second largest concentration of Post readers, with 3.5 million monthly unique visitors--and 7.3 million across the state. This new masthead further positions The Post as a true national brand, substantially increasing its profile on the West Coast. The New York Post has achieved three consecutive years of profitability beginning in Fiscal Year 2022, an impressive achievement in a challenging environment for some publishers. NYPMG has appointed News Corp. veteran Nick Papps as TheCalifornia Post's Editor-in-Chief. Papps has nearly two decades of editorial leadership, and has helped drive editorial and commercial success at multiple publications. He has also served as News Corp. Australia's West Coast Correspondent for nearly three years and was based in Los Angeles. Now more than ever, California need a media outlet dedicated to common sense, clever coverage of the most important issues, many of which are ignored or dismissed by current print and digital outlets. Despite its vibrancy--as well as the upcoming Olympic Games and World Cup--California lacks a voice that will hold leaders to account as they attempt to tackle the most critical issues facing residents. In fact, Los Angeles is fast becoming a news desert, despite being home to nearly 13 million monthly digital news readers. Thousands of stories are going untold and countless perspectives aren't being represented by a media ecosystem that has lost touch with the people--especially as the city and state face unprecedented challenges and leadership vacuums. Many that's why TheNew York Post already outranks the leading LA-based publication when it comes to desktop viewing according to Comscore, and is gaining ground in every corner of the state. Duyuru • Jul 23
News Corporation to Report Q4, 2025 Results on Aug 05, 2025 News Corporation announced that they will report Q4, 2025 results on Aug 05, 2025 Duyuru • Jul 15
News Corporation (NasdaqGS:NWSA) announces an Equity Buyback for $1,000 million worth of its shares. News Corporation (NasdaqGS:NWSA) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class A common stock and Class B common stock. The purpose of the program is to enhance the shareholder value. The repurchase program has no time limit. Duyuru • Jun 26
News Corporation Announces the Appointment of Julian Delany as Executive Vice President and Chief Technology Officer News Corp. announced the appointment of Julian Delany as Executive Vice President and Chief Technology Officer. Mr. Delany succeeds David Kline, who will depart the company on June 30, 2025 as previously announced. Mr. Delany joined News Corp. Australia in 2012, most recently serving as Chief Technology Officer and as a member of the Executive Team. As CTO, he focused on delivering technical, process and data alignment across multiple brands and operational workflows to create a powerful and efficient network effect. He began his tenure with the company as General Manager of news.com.au, where he pioneered digital-first newsroom operations and data-led insights to inform product and commercial strategy. Mr. Delany then became Managing Director of News Corp. Australia’s digital news, food and lifestyle network. From there, his role expanded to manage all digital networks before his appointment as CTO in 2020. Before joining News Corp. Australia, Mr. Delany worked in live broadcast operations at Foxtel. He holds a bachelor of arts from the University of Sydney, and will relocate to New York City with his family. Reported Earnings • May 09
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$0.14 (up from US$0.053 in 3Q 2024). Revenue: US$2.01b (down 17% from 3Q 2024). Net income: US$81.0m (up 170% from 3Q 2024). Profit margin: 4.0% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Media industry in the US are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Duyuru • Apr 25
News Corporation to Report Q3, 2025 Results on May 08, 2025 News Corporation announced that they will report Q3, 2025 results on May 08, 2025 Duyuru • Apr 04
DAZN Group Limited completed the acquisition of Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA). DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion on December 22, 2024. Under the terms of the agreement, shareholder loans in the amount of AUD 578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd will also sell its minority interest in Foxtel, have its shareholder loans of AUD 128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of AUD 3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of fiscal 2025.
The Goldman Sachs Group, Inc. acted as financial advisor, Gibson, Dunn & Crutcher LLP and Allens acted as legal advisors for News Corporation. BofA acted as the financial advisor to DAZN. Latham & Watkins (London) LLP acted as legal advisor to DAZN Group Limited.
DAZN Group Limited completed the acquisition of Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) on April 2, 2025. Foreign Investment Review Board, the Australian Competition and Consumer Commission and other regulatory authorities approvals obtained. Foxtel, Kayo Sports, BINGE, and Hubbl will retain their brand identities, continuing to produce the world-class programming, sports coverage and entertainment that Australians know and love. At completion, AUD 592 million in shareholder loans were repaid to News Corp, and News Corp received a minority equity interest in DAZN of approximately 6%. News Corp’s Senior Vice President and Deputy Chief Financial OfficerAndrew Cramer also joined the board of DAZN effective upon completion, and News Corp and its platforms remain committed in their passionate support for Australian sport and entertainment. Timothy McIver of Debevoise & Plimpton LLP acted legal advisor to DAZN Group ltd. Duyuru • Mar 25
News Corp Announces Resignation of David Kline as Chief Technology Officer, Effective June 30, 2025 News Corp. announced that David Kline, the company’s Chief Technology Officer, will resign from his role to accept a position outside the organization. He will remain with News Corp. through June 30, 2025, and a search is beginning for his successor. Since joining News Corp. in January 2020, Mr. Kline’s leadership has been instrumental in advancing the organization’s technology operations across enterprise systems, product offerings and solution delivery. From the challenges of the pandemic era to the advent of Generative AI, his strategic vision and agile approach enabled teams across News Corp’s global technology organization to develop at pace, foster meaningful partnerships with technology platforms and drive efficiencies across the businesses. Upcoming Dividend • Mar 05
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 12 March 2025. Payment date: 09 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (3.2%). Major Estimate Revision • Feb 13
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.90 to US$1.03. Revenue forecast steady at US$8.68b. Net income forecast to grow 33% next year vs 40% growth forecast for Media industry in the US. Consensus price target broadly unchanged at US$35.36. Share price rose 3.5% to US$29.51 over the past week. Declared Dividend • Feb 09
First half dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 12th March 2025 Payment date: 9th April 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 17%. Reported Earnings • Feb 06
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$0.40 (up from US$0.28 in 2Q 2024). Revenue: US$2.24b (up 4.8% from 2Q 2024). Net income: US$228.0m (up 43% from 2Q 2024). Profit margin: 10% (up from 7.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 28%. Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Media industry in the US are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • Feb 06
News Corporation Declares Semi-Annual Cash Dividend for Class A Common Stock and Class B Common Stock, Payable on April 9, 2025 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on April 9, 2025 to stockholders of record as of March 12, 2025. Major Estimate Revision • Feb 04
Consensus revenue estimates decrease by 17%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$10.5b to US$8.72b. EPS estimate increased from US$0.829 to US$0.90 per share. Net income forecast to grow 39% next year vs 41% growth forecast for Media industry in the US. Consensus price target broadly unchanged at US$35.86. Share price was steady at US$28.52 over the past week. Duyuru • Jan 23
News Corporation to Report Q2, 2025 Results on Feb 05, 2025 News Corporation announced that they will report Q2, 2025 results on Feb 05, 2025 Duyuru • Dec 24
DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion. DAZN Group Limited entered into a definitive agreement to acquire Foxtel Management Pty Limited from Telstra Group Limited (ASX:TLS) and News Corporation (NasdaqGS:NWSA) for an enterprise value of AUD 3.4 billion on December 22, 2024. Under the terms of the agreement, shareholder loans in the amount of AUD 578 million outstanding and owing to News Corp will be repaid in full in cash at closing. Foxtel’s current debt will be refinanced at closing and transfer with Foxtel, and News Corp will hold a minority equity interest in DAZN of approximately 6% as well as one seat on its Board of Directors. Telstra Group Ltd will also sell its minority interest in Foxtel, have its shareholder loans of AUD 128 million repaid, and take a minority stake in DAZN of approximately 3%. The proposed transaction values Foxtel at an enterprise value of A$3.4 billion, representing more than 7x fiscal 2024 Foxtel EBITDA. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of fiscal 2025.
The Goldman Sachs Group, Inc. acted as financial advisor, Gibson, Dunn & Crutcher LLP and Allens acted as legal advisors for News Corporation. BofA acted as the financial advisor to DAZN. Price Target Changed • Dec 16
Price target increased by 7.7% to US$38.69 Up from US$35.94, the current price target is an average from 8 analysts. New target price is 35% above last closing price of US$28.65. Stock is up 23% over the past year. The company is forecast to post earnings per share of US$0.83 for next year compared to US$0.47 last year. Price Target Changed • Nov 12
Price target increased by 7.9% to US$35.19 Up from US$32.63, the current price target is an average from 8 analysts. New target price is 20% above last closing price of US$29.33. Stock is up 40% over the past year. The company is forecast to post earnings per share of US$0.85 for next year compared to US$0.47 last year. Duyuru • Nov 09
News Corporation Announces Chief Financial Officer Changes News Corporation announced that Susan Panuccio will step down from her role as Chief Financial Officer on January 1, 2025, and will be succeeded by Lavanya Chandrashekar. Ms. Panuccio will continue in an advisory capacity for six months to help ensure a smooth transition and to support Ms. Chandrashekar. Ms. Panuccio has been a key leader during a period of rapid expansion and transformation for News Corp. since becoming Chief Financial Officer in March 2017. During her tenure, News Corp. has achieved record results, and transitioned into a diversified digital- and subscription-first business. The company has generated very healthy free cash flows, successfully completed two debt offerings at attractive rates and boosted capital returns through its $1 billion repurchase program. Under Ms. Panuccio’s leadership, News Corp. made several strategic investments within the company’s key growth pillars, including expansion of B2B at Dow Jones, while streamlining costs and adding high margin, content licensing revenues from tech platforms. During her time at News Corp, the company’s share price has risen over 140% since March 1, 2017, materially outpacing sector performance during that period. The Board of Directors, in consultation with Ms. Panuccio, has executed a well planned succession process to identify and transition responsibility to her successor. Ms. Chandrashekar has nearly 30 years of experience in international finance and investor relations, and has held senior positions at blue chip consumer facing companies, including Procter & Gamble, Mondelez and Diageo, where she was Chief Financial Officer from 2021 to September of 2024. During her tenure at Diageo, Ms. Chandrashekar led the company through a period of profitable and accelerated growth, with the company growing at a 10.5% CAGR. An innovative global executive, Ms. Chandrashekar spearheaded and launched a multi-faceted global digital transformation program for Diageo. Her passion for mission and culture enabled the development and elevation of talent across the company. Reported Earnings • Nov 08
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: US$0.21 (up from US$0.052 in 1Q 2024). Revenue: US$2.58b (up 3.1% from 1Q 2024). Net income: US$119.0m (up 297% from 1Q 2024). Profit margin: 4.6% (up from 1.2% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • Oct 24
News Corporation to Report Q1, 2025 Results on Nov 07, 2024 News Corporation announced that they will report Q1, 2025 results on Nov 07, 2024 Duyuru • Oct 10
News Corporation, Annual General Meeting, Nov 20, 2024 News Corporation, Annual General Meeting, Nov 20, 2024. Upcoming Dividend • Sep 04
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 09 October 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (2.8%). Recent Insider Transactions Derivative • Aug 18
CEO & Director exercised options and sold US$11m worth of stock On the 15th of August, Robert Thomson exercised options to acquire 409k shares at no cost and sold these for an average price of US$27.32 per share. This trade did not impact their existing holding. For the year to June 2018, Robert's total compensation was 16% salary and 84% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2023, Robert has owned 2.00k shares directly. Company insiders have collectively sold US$22m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Aug 14
Final dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 11th September 2024 Payment date: 9th October 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 43%. Cash payout ratio: 19%. Duyuru • Aug 10
News Corp Weighs Sale of Australian Foxtel Business News Corporation (NasdaqGS:NWSA) on August 8, 2024 said it is considering divesting Australian pay television platform Foxtel after receiving a "third-party interest." “We had no imminent intent to sell Foxtel but are reviewing potential strategic and financial options for the business with our advisers and engaging with third parties in light of that external interest," News Corp. Chief Executive Officer Robert Thomson said as part of the company’s earnings release. The deliberations come as News Corp. continues reviewing its portfolio in view of maximising shareholder returns. Foxtel includes the Kayo and Binge streaming services and the Hubbl service. News Corp. holds a 65% stake in Foxtel, whereas the remaining 35% stake is held by Australian telecom group Telstra. The name of the suitor and financial details were not revealed. Reported Earnings • Aug 09
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.47 (up from US$0.26 in FY 2023). Revenue: US$10.1b (up 2.1% from FY 2023). Net income: US$266.0m (up 79% from FY 2023). Profit margin: 2.6% (up from 1.5% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Aug 09
News Corporation Announces Semi-Annual Cash Dividend, Payable on October 9, 2024 News Corporation declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on October 9, 2024 to stockholders of record as of September 11, 2024. Duyuru • Jul 23
News Corporation to Report Q4, 2024 Results on Aug 08, 2024 News Corporation announced that they will report Q4, 2024 results on Aug 08, 2024 Major Estimate Revision • May 15
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.647 to US$0.577 per share. Revenue forecast steady at US$10.0b. Net income forecast to grow 111% next year vs 41% growth forecast for Media industry in the US. Consensus price target broadly unchanged at US$30.58. Share price rose 4.7% to US$25.57 over the past week. Reported Earnings • May 09
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$0.053 (down from US$0.087 in 3Q 2023). Revenue: US$2.42b (down 1.0% from 3Q 2023). Net income: US$30.0m (down 40% from 3Q 2023). Profit margin: 1.2% (down from 2.0% in 3Q 2023). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Duyuru • Apr 24
News Corporation to Report Q3, 2024 Results on May 08, 2024 News Corporation announced that they will report Q3, 2024 results on May 08, 2024 Duyuru • Mar 12
Murdoch's News Corp Reportedly Eyes Joint Telegraph Bid with Rivals Rupert Murdoch’s News Corporation (NasdaqGS:NWSA) and the owner of the Daily Mail have held talks about a potential joint takeover of Telegraph Media Group Limited — one of the UK’s most famous newspapers — alongside the UAE-backed investment fund RedBird IMI, people familiar with the matter said. A joint bid by the three would result in a smaller stake for RedBird IMI, which may ease concerns by British politicians over foreign state control of a legacy media outlet, said the people, who asked not to be identified discussing private talks. Representatives from the Daily Mail and General Trust — owner of the Daily Mail newspaper controlled by Jonathan Harmsworth — and News Corp.’s News UK unit have held back-channel conversations on how to form such a joint structure, they said. Upcoming Dividend • Mar 05
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 12 March 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (3.0%). Declared Dividend • Feb 11
First half dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 12th March 2024 Payment date: 10th April 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 50%. Cash payout ratio: 16%. Price Target Changed • Feb 08
Price target increased by 7.4% to US$28.91 Up from US$26.92, the current price target is an average from 7 analysts. New target price is 12% above last closing price of US$25.84. Stock is up 25% over the past year. The company is forecast to post earnings per share of US$0.68 for next year compared to US$0.26 last year.