News stories about Time Warner (NYSE:TWX) have been trending positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Time Warner earned a news impact score of 0.36 on Accern’s scale. Accern also gave news articles about the media conglomerate an impact score of 58 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- 6 Most Important Things in Business This Morning – 24/7 Wall St. (247wallst.com)
- Broadcaster CME selling Croatian, Slovenian stations to cut debt (finance.yahoo.com)
- Time Warner’s (NYSE:TWX) “Overweight” Rating Reiterated at Morgan Stanley (americanbankingnews.com)
- Game of Thrones: Season 7 Episode Titles and Storylines Finally Revealed (finance.yahoo.com)
- Time Warner Inc (NYSE:TWX) HEFFX Highlights – Live Trading News (livetradingnews.com)
Time Warner (NYSE:TWX) traded down 0.39% during midday trading on Monday, hitting $100.85. The stock had a trading volume of 2,551,169 shares. The stock has a market cap of $78.21 billion, a price-to-earnings ratio of 19.24 and a beta of 1.05. Time Warner has a 1-year low of $74.27 and a 1-year high of $102.45. The company has a 50-day moving average of $99.00 and a 200-day moving average of $97.67.
Time Warner (NYSE:TWX) last announced its quarterly earnings results on Wednesday, May 3rd. The media conglomerate reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.22. The company had revenue of $7.74 billion during the quarter, compared to the consensus estimate of $7.66 billion. Time Warner had a net margin of 13.90% and a return on equity of 19.45%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.49 earnings per share. Equities research analysts forecast that Time Warner will post $6.04 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Monday, July 10th will be issued a $0.4025 dividend. The ex-dividend date of this dividend is Thursday, July 6th. This represents a $1.61 dividend on an annualized basis and a yield of 1.59%. Time Warner’s payout ratio is 30.78%.
Several analysts have commented on the company. Jefferies Group LLC restated a “buy” rating and issued a $105.00 price target on shares of Time Warner in a report on Monday, May 22nd. FBR & Co reaffirmed a “buy” rating and issued a $107.50 price objective on shares of Time Warner in a research note on Friday, April 7th. BidaskClub raised Time Warner from a “hold” rating to a “buy” rating in a research note on Tuesday, June 20th. Royal Bank of Canada set a $108.00 price target on Time Warner and gave the stock a “hold” rating in a research report on Monday, June 12th. Finally, Pivotal Research lowered Time Warner from a “buy” rating to a “hold” rating and boosted their price target for the stock from $100.00 to $107.50 in a research report on Thursday, April 20th. One analyst has rated the stock with a sell rating, twenty-one have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $100.50.
In related news, CFO Howard M. Averill acquired 255 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The stock was acquired at an average cost of $99.67 per share, for a total transaction of $25,415.85. Following the completion of the acquisition, the chief financial officer now directly owns 63,399 shares of the company’s stock, valued at approximately $6,318,978.33. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.16% of the company’s stock.
About Time Warner
Time Warner Inc is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution.
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