FOX (NASDAQ:FOXA) Issues Earnings Results

11 May 2026, 09:04 by Scott Moore · The Cerbat Gem

FOX (NASDAQ:FOXA – Get Free Report) released its earnings results on Monday. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.34, Briefing.com reports. FOX had a return on equity of 18.14% and a net margin of 11.41%.During the same quarter in the previous year, the business posted $1.10 EPS. FOX’s revenue was down 8.6% on a year-over-year basis.

FOX Price Performance

Shares of NASDAQ:FOXA opened at $62.94 on Monday. The business has a fifty day simple moving average of $60.15 and a 200-day simple moving average of $64.79. FOX has a 52 week low of $50.03 and a 52 week high of $76.39. The company has a market cap of $26.77 billion, a P/E ratio of 15.13, a P/E/G ratio of 7.75 and a beta of 0.52. The company has a quick ratio of 2.44, a current ratio of 2.78 and a debt-to-equity ratio of 0.60.

Insider Transactions at FOX

In related news, COO John Nallen sold 242,309 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $57.74, for a total transaction of $13,990,921.66. Following the completion of the transaction, the chief operating officer owned 357,653 shares of the company’s stock, valued at approximately $20,650,884.22. This represents a 40.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lachlan K. Murdoch sold 637,752 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the transaction, the chief executive officer directly owned 152 shares in the company, valued at approximately $8,846.40. This represents a 99.98% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,586,871 shares of company stock valued at $91,893,926. Corporate insiders own 19.68% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FOXA. State of Tennessee Department of Treasury raised its holdings in shares of FOX by 46.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 107,661 shares of the company’s stock worth $7,836,000 after purchasing an additional 33,997 shares during the period. Auxier Asset Management LLC purchased a new position in FOX in the fourth quarter valued at approximately $222,000. California State Teachers Retirement System grew its stake in FOX by 11.5% during the fourth quarter. California State Teachers Retirement System now owns 417,901 shares of the company’s stock worth $30,536,000 after buying an additional 43,232 shares during the period. Captrust Financial Advisors increased its position in shares of FOX by 6.6% in the fourth quarter. Captrust Financial Advisors now owns 7,063 shares of the company’s stock worth $516,000 after acquiring an additional 435 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in shares of FOX by 3.7% in the 4th quarter. Neuberger Berman Group LLC now owns 23,491 shares of the company’s stock valued at $1,716,000 after acquiring an additional 842 shares during the period. Institutional investors and hedge funds own 52.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on FOXA. Bank of America lowered FOX from a “buy” rating to an “underperform” rating and set a $45.00 target price on the stock. in a report on Wednesday, February 25th. Wells Fargo & Company decreased their price objective on shares of FOX from $75.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Friday, March 27th. JPMorgan Chase & Co. increased their price target on shares of FOX from $65.00 to $69.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. UBS Group set a $64.00 price target on FOX in a research report on Tuesday, February 24th. Finally, Citigroup boosted their price target on FOX from $77.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Seven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $72.93.

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FOX Company Profile

(Get Free Report)

Fox Corporation (NASDAQ: FOXA) is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp’s operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.