News stories about Time Warner (NYSE:TWX) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Time Warner earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the media conglomerate an impact score of 45.4530588347912 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
TWX has been the subject of several recent research reports. Zacks Investment Research lowered shares of Time Warner from a “hold” rating to a “sell” rating in a report on Friday, January 12th. Rosenblatt Securities upgraded shares of Time Warner from a “neutral” rating to a “buy” rating and set a $103.00 price objective for the company in a research note on Monday, November 13th. Guggenheim reissued a “buy” rating on shares of Time Warner in a research report on Thursday, January 4th. Deutsche Bank reissued a “buy” rating and set a $99.00 target price on shares of Time Warner in a research report on Friday, November 10th. Finally, Cowen reissued a “hold” rating and set a $102.00 target price on shares of Time Warner in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and eleven have assigned a buy rating to the stock. Time Warner has a consensus rating of “Hold” and a consensus target price of $104.83.
Shares of Time Warner (TWX) opened at $96.75 on Friday. The company has a market cap of $75,523.52, a PE ratio of 15.13, a PEG ratio of 1.43 and a beta of 0.94. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.08 and a quick ratio of 1.26. Time Warner has a 12-month low of $85.88 and a 12-month high of $103.90.
Time Warner (NYSE:TWX) last issued its earnings results on Thursday, February 1st. The media conglomerate reported $1.60 EPS for the quarter, beating the Zacks’ consensus estimate of $1.44 by $0.16. Time Warner had a net margin of 16.78% and a return on equity of 18.96%. The business had revenue of $8.61 billion during the quarter, compared to analysts’ expectations of $8.41 billion. During the same period in the prior year, the business earned $1.25 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. sell-side analysts anticipate that Time Warner will post 6.62 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 1st. Investors of record on Wednesday, January 10th were given a dividend of $0.4025 per share. This represents a $1.61 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Tuesday, January 9th. Time Warner’s payout ratio is currently 24.32%.
In other Time Warner news, insider Olaf Olafsson sold 23,450 shares of the stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $90.03, for a total transaction of $2,111,203.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey L. Bewkes sold 329,478 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $90.65, for a total transaction of $29,867,180.70. Following the transaction, the chief executive officer now directly owns 855,925 shares of the company’s stock, valued at approximately $77,589,601.25. The disclosure for this sale can be found here. 0.16% of the stock is currently owned by company insiders.
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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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