NEWS CORPORATION (NWS)
Share Price Analysis and Chart

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NWS

NWS - NEWS CORPORATION

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 2.04
Index: ASX200 | ASX300 | ALL-ORDS

News Corp is an American mass media and publishing organisation. Its Australian division, News Ltd, owns the majority of Australian newspapers and magazines and is a majority shareholder in REA Group and Foxtel. It has been listed in current form since 2013. Owns the Wall Street Journal and Dow Jones in the USA.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$39.75

23 Jun
2026

-1.280

OPEN

$40.90

-3.12%

HIGH

$40.90

117,687

LOW

$39.75

TARGET
$51.125 28.6% upside
OTHER COMPANIES IN THE SAME SECTOR
A1N . GTN . NEC . SKT . SXL .
FNARENA'S MARKET CONSENSUS FORECASTS
NWS: 1
Title FY26
Forecast
FY27
Forecast
EPS (cps) 152.8 xxx
DPS (cps) 29.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 26.6 xxx
Dividend Yield 0.7% xxx
Div Pay Ratio(%) 19.3% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.01%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.01

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 09/09 - (franking ex-div 10.84c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx126.2
DPS All xxxxxxxxxxxxxxx31.0
Sales/Revenue xxxxxxxxxxxxxxx13,050.6 M
Book Value Per Share xxxxxxxxxxxxxxx7,096.2
Net Operating Cash Flow xxxxxxxxxxxxxxx1,751.0 M
Net Profit Margin xxxxxxxxxxxxxxx5.68 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.80 %
Return on Invested Capital xxxxxxxxxxxxxxx4.15 %
Return on Assets xxxxxxxxxxxxxxx3.05 %
Return on Equity xxxxxxxxxxxxxxx5.80 %
Return on Total Capital xxxxxxxxxxxxxxx7.77 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx836.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx151 M
Long Term Debt xxxxxxxxxxxxxxx4,335 M
Total Debt xxxxxxxxxxxxxxx4,486 M
Goodwill - Gross xxxxxxxxxxxxxxx6,673 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx3,667 M
Price To Book Value xxxxxxxxxxxxxxx0.73

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx628.4 M
Capex % of Sales xxxxxxxxxxxxxxx4.82 %
Cost of Goods Sold xxxxxxxxxxxxxxx6,477 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5,083 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1,558 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Morgan Stanley

11/05/2026

1

Overweight

-

-

News Corp achieved a slight 3Q26 revenue beat of 3% on consensus forecast and earnings (EBITDA) 4% better than expected, Morgan Stanley observes.

Digital real estate earnings (EBITDA) rose 25% including 20% revenue growth from REA Group ((REA)) and 10% from Move. Dow Jones earnings (EBITDA) lifted 11% with risk and compliance up 19% and Dow Jones energy up 12%.

The stock remains one of the broker's highest conviction traditional media Overweight ratings.

Target raised to US$34.00 from US$32.00 with an Attractive industry view.

FORECAST
Morgan Stanley forecasts a full year FY26 dividend of 29.48 cents and EPS of 146.23 cents.
Morgan Stanley forecasts a full year FY27 dividend of 29.48 cents and EPS of 179.10 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

18/05/2026

2

Overweight

$47.70

20.00%

Jarden maintains an Overweight rating for News Corp and increases the target price to $47.70 following a "solid" third quarter result.

Earnings per share forecasts for FY26 and FY27 have been revised upwards by 2.2% and 2.5% respectively as EBITDA grew 18% to US$1,842m.

Strong momentum in Professional Information Services and a beat in Book Publishing offset a -55% fall in News Media EBITDA caused by launch costs for the California Post, the broker notes.

Jarden comments future upside risk exists from unpriced AI content licensing deals with OpenAI and Meta while uncertainty regarding Australian residential listing volumes presents a potential downside risk.

Adjusted net profit of US$118m was 6% ahead of estimates with dividends maintained at US$0.20 across the forecast period.

FORECAST
Jarden forecasts a full year FY26 dividend of 29.48 cents and EPS of 156.54 cents.
Jarden forecasts a full year FY27 dividend of 29.48 cents and EPS of 187.06 cents.

NWS STOCK CHART