Press coverage about Time Warner (NYSE:TWX) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Time Warner earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the media conglomerate an impact score of 44.682978365117 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Comparing Time Warner (TWX) and The Competition (americanbankingnews.com)
- Time Warner boss: AT&T deal will ease pressure on distributor revenue (globalcompetitionreview.com)
- Box Office: ‘Black Panther’ Falls Behind ‘Avatar,’ ‘Ready Player One’ Tops $500M (finance.yahoo.com)
- U.S. said to investigate AT&T, Verizon over wireless collusion claim: source (finance.yahoo.com)
- Here’s Randall Stephenson’s Vision for a Combined AT&T-Time Warner (thestreet.com)
Several analysts have weighed in on TWX shares. Zacks Investment Research cut shares of Time Warner from a “hold” rating to a “sell” rating in a research note on Friday, January 12th. Pivotal Research reaffirmed a “buy” rating and set a $108.00 price objective (up from $103.00) on shares of Time Warner in a research note on Tuesday, January 9th. Barclays set a $100.00 price objective on shares of Time Warner and gave the stock a “hold” rating in a research note on Tuesday, January 23rd. UBS raised shares of Time Warner from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $95.26 to $108.00 in a research note on Monday, March 12th. Finally, Guggenheim reiterated a “buy” rating on shares of Time Warner in a research report on Thursday, January 4th. Fifteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Time Warner has a consensus rating of “Hold” and an average target price of $104.44.
Time Warner (NYSE:TWX) last issued its quarterly earnings data on Thursday, February 1st. The media conglomerate reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company had revenue of $8.61 billion during the quarter, compared to the consensus estimate of $8.41 billion. During the same quarter in the prior year, the firm earned $1.25 earnings per share. The firm’s revenue was up 9.1% compared to the same quarter last year. equities analysts expect that Time Warner will post 7.69 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 1st. Investors of record on Tuesday, April 10th will be given a $0.4025 dividend. The ex-dividend date of this dividend is Monday, April 9th. This represents a $1.61 dividend on an annualized basis and a yield of 1.67%. This is an increase from Time Warner’s previous quarterly dividend of $0.32. Time Warner’s dividend payout ratio (DPR) is 25.08%.
In related news, Director William P. Barr sold 4,019 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $97.20, for a total value of $390,646.80. Following the completion of the transaction, the director now owns 44,959 shares of the company’s stock, valued at $4,370,014.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company insiders.
Time Warner Company Profile
Time Warner Inc operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment creates and programs branded news, entertainment, sports, and kids multi-platform content for consumers.
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