ViacomCBS Inc. (NASDAQ:VIAC) – Equities research analysts at Imperial Capital reduced their Q1 2020 EPS estimates for ViacomCBS in a research note issued to investors on Tuesday, February 11th. Imperial Capital analyst D. Miller now forecasts that the company will post earnings of $1.39 per share for the quarter, down from their prior estimate of $1.40. Imperial Capital has a “Outperform” rating and a $59.00 price target on the stock.
ViacomCBS (NASDAQ:VIAC) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. ViacomCBS had a net margin of 18.98% and a return on equity of 44.13%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.37 billion.
Shares of NASDAQ VIAC opened at $34.98 on Thursday. ViacomCBS has a twelve month low of $32.60 and a twelve month high of $53.71. The stock has a market cap of $13.30 billion, a price-to-earnings ratio of 4.53, a P/E/G ratio of 0.48 and a beta of 1.27. The stock has a 50 day moving average price of $38.18. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.05 and a current ratio of 1.52.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.96 dividend on an annualized basis and a yield of 2.74%. ViacomCBS’s dividend payout ratio is presently 18.50%.
ViacomCBS Company Profile
ViacomCBS Inc operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services.
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