News (NWSA)
Market Price (5/21/2026): $25.77 | Market Cap: $14.3 BilSector: Communication Services | Industry: Publishing
News (NWSA)
Market Price (5/21/2026): $25.77Market Cap: $14.3 BilSector: Communication ServicesIndustry: Publishing
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.4% Low stock price volatilityVol 12M is 24% Megatrend and thematic driversMegatrends include Digital Content & Streaming, E-commerce & Digital Retail, and Digital Advertising. Themes include Video Streaming, Show more. | Weak multi-year price returns2Y Excs Rtn is -39%, 3Y Excs Rtn is -39% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.4% Key risksNWSA key risks include [1] a copyright lawsuit from Brave Software over its AI-driven search summaries and [2] declining revenue from its Realtor.com segment due to a challenging real estate market. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.4% |
| Low stock price volatilityVol 12M is 24% |
| Megatrend and thematic driversMegatrends include Digital Content & Streaming, E-commerce & Digital Retail, and Digital Advertising. Themes include Video Streaming, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -39%, 3Y Excs Rtn is -39% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.4% |
| Key risksNWSA key risks include [1] a copyright lawsuit from Brave Software over its AI-driven search summaries and [2] declining revenue from its Realtor.com segment due to a challenging real estate market. |
Qualitative Assessment
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1. Strong Fiscal Q2 and Q3 2026 Financial Performance.
News Corp reported robust earnings, with its fiscal third-quarter 2026 revenues increasing 9% to $2.19 billion, exceeding analyst estimates of $2.11 billion by 3.4%, and adjusted earnings per share (EPS) of $0.21, surpassing forecasts of $0.19 by 5.5%. This followed a strong fiscal second-quarter 2026, where revenues increased 6% to $2.36 billion with an adjusted EPS of $0.40, beating analyst expectations. These consistently positive financial results provided underlying support for the stock during the period.
2. Growth in Digital Real Estate Services and Dow Jones Segments.
News Corp's key growth segments, Digital Real Estate Services and Dow Jones, continued to exhibit strong performance. In fiscal Q3 2026, Digital Real Estate Services revenues surged 17%, driven by a 20% increase at REA Group and a 10% rise at Move, the operator of Realtor.com. Concurrently, Dow Jones revenues grew 8%, significantly boosted by a 19% growth in Risk & Compliance and a 13% increase in digital advertising revenues. The company aims for Dow Jones to achieve $1 billion in annual Segment EBITDA within five years. This robust growth in digital assets helped to counteract broader market or traditional media segment challenges.
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Stock Movement Drivers
Fundamental Drivers
The -4.3% change in NWSA stock from 1/31/2026 to 5/20/2026 was primarily driven by a -6.4% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.92 | 25.77 | -4.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,500 | 8,800 | 3.5% |
| Net Income Margin (%) | 13.8% | 12.9% | -6.4% |
| P/E Multiple | 13.0 | 12.6 | -3.1% |
| Shares Outstanding (Mil) | 565 | 554 | 2.0% |
| Cumulative Contribution | -4.3% |
Market Drivers
1/31/2026 to 5/20/2026| Return | Correlation | |
|---|---|---|
| NWSA | -4.3% | |
| Market (SPY) | 7.4% | 19.3% |
| Sector (XLC) | -3.0% | 47.0% |
Fundamental Drivers
The -2.3% change in NWSA stock from 10/31/2025 to 5/20/2026 was primarily driven by a -7.5% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.39 | 25.77 | -2.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,452 | 8,800 | 4.1% |
| Net Income Margin (%) | 14.0% | 12.9% | -7.5% |
| P/E Multiple | 12.4 | 12.6 | 1.0% |
| Shares Outstanding (Mil) | 556 | 554 | 0.3% |
| Cumulative Contribution | -2.3% |
Market Drivers
10/31/2025 to 5/20/2026| Return | Correlation | |
|---|---|---|
| NWSA | -2.3% | |
| Market (SPY) | 9.3% | 23.7% |
| Sector (XLC) | 1.8% | 46.3% |
Fundamental Drivers
The -4.3% change in NWSA stock from 4/30/2025 to 5/20/2026 was primarily driven by a -66.0% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.92 | 25.77 | -4.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,420 | 8,800 | 4.5% |
| Net Income Margin (%) | 4.9% | 12.9% | 162.8% |
| P/E Multiple | 37.0 | 12.6 | -66.0% |
| Shares Outstanding (Mil) | 568 | 554 | 2.6% |
| Cumulative Contribution | -4.3% |
Market Drivers
4/30/2025 to 5/20/2026| Return | Correlation | |
|---|---|---|
| NWSA | -4.3% | |
| Market (SPY) | 35.2% | 30.6% |
| Sector (XLC) | 23.2% | 49.1% |
Fundamental Drivers
The 49.8% change in NWSA stock from 4/30/2023 to 5/20/2026 was primarily driven by a 339.3% change in the company's Net Income Margin (%).| (LTM values as of) | 4302023 | 5202026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.20 | 25.77 | 49.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 10,165 | 8,800 | -13.4% |
| Net Income Margin (%) | 2.9% | 12.9% | 339.3% |
| P/E Multiple | 33.1 | 12.6 | -62.1% |
| Shares Outstanding (Mil) | 576 | 554 | 4.0% |
| Cumulative Contribution | 49.8% |
Market Drivers
4/30/2023 to 5/20/2026| Return | Correlation | |
|---|---|---|
| NWSA | 49.8% | |
| Market (SPY) | 85.2% | 51.2% |
| Sector (XLC) | 100.3% | 55.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NWSA Return | 25% | -18% | 36% | 13% | -4% | 1% | 53% |
| Peers Return | 0% | -21% | 35% | 18% | 12% | -26% | 5% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 96% |
Monthly Win Rates [3] | |||||||
| NWSA Win Rate | 58% | 33% | 83% | 67% | 58% | 60% | |
| Peers Win Rate | 53% | 40% | 57% | 45% | 52% | 32% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| NWSA Max Drawdown | -24% | -36% | -27% | -11% | -21% | -17% | |
| Peers Max Drawdown | -31% | -38% | -22% | -20% | -28% | -36% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FOXA, NYT, TRI, ZG, CSGP. See NWSA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/20/2026 (YTD)
How Low Can It Go
| Event | NWSA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.1% | -18.8% |
| % Gain to Breakeven | 26.7% | 23.1% |
| Time to Breakeven | 136 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -17.3% | -6.7% |
| % Gain to Breakeven | 21.0% | 7.1% |
| Time to Breakeven | 63 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.7% | -24.5% |
| % Gain to Breakeven | 50.7% | 32.4% |
| Time to Breakeven | 426 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -43.5% | -33.7% |
| % Gain to Breakeven | 76.8% | 50.9% |
| Time to Breakeven | 129 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -18.8% | -19.2% |
| % Gain to Breakeven | 23.1% | 23.8% |
| Time to Breakeven | 177 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -18.3% | -3.7% |
| % Gain to Breakeven | 22.3% | 3.9% |
| Time to Breakeven | 201 days | 6 days |
In The Past
News's stock fell -21.1% during the 2025 US Tariff Shock. Such a loss loss requires a 26.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | NWSA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.1% | -18.8% |
| % Gain to Breakeven | 26.7% | 23.1% |
| Time to Breakeven | 136 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.7% | -24.5% |
| % Gain to Breakeven | 50.7% | 32.4% |
| Time to Breakeven | 426 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -43.5% | -33.7% |
| % Gain to Breakeven | 76.8% | 50.9% |
| Time to Breakeven | 129 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -31.3% | -12.2% |
| % Gain to Breakeven | 45.5% | 13.9% |
| Time to Breakeven | 638 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -40.5% | -6.8% |
| % Gain to Breakeven | 68.2% | 7.3% |
| Time to Breakeven | 700 days | 15 days |
In The Past
News's stock fell -21.1% during the 2025 US Tariff Shock. Such a loss loss requires a 26.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About News (NWSA)
AI Analysis | Feedback
Here are 1-3 brief analogies for News (NWSA):
Think of it as a global news and information services company, similar to Thomson Reuters for its business data but also with leading consumer news outlets like The New York Times.
Imagine a company like Penguin Random House (for books) that also operates a global network of online real estate classifieds akin to Zillow.
AI Analysis | Feedback
- Digital Real Estate Services: Provides online platforms for property advertising, services, and related professional software.
- Subscription Video Services: Offers pay-TV video content for sports, entertainment, and news, including broadcast rights to live events.
- Business Information Products: Distributes premium financial news, data, and risk compliance services through brands like The Wall Street Journal, Factiva, and Dow Jones Newswires.
- Book Publishing: Publishes a wide range of books across genres including general fiction, nonfiction, children's, and religious titles.
- News Media: Produces and distributes news content through numerous newspapers (e.g., The Times, New York Post) and their associated digital platforms.
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Major Customers of News Corporation (NWSA)
News Corporation (NWSA) sells primarily to other companies. Its major customer categories include:
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Financial and Professional Services Firms: These include banks, investment firms, law firms, and consulting firms that subscribe to high-value enterprise data and compliance services such as Factiva, Dow Jones Risk & Compliance, and Dow Jones Newswires. They also subscribe to institutional versions of The Wall Street Journal and Barron's for their employees and research.
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Advertisers: Businesses across a wide array of industries (e.g., real estate agencies, consumer brands, automotive, local businesses) that purchase advertising space in News Corporation's extensive portfolio of newspapers (e.g., The Wall Street Journal, The Times, New York Post), digital mastheads, websites, and digital real estate platforms.
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Real Estate Industry Professionals: This category includes real estate agents, brokers, property developers, and related businesses that utilize News Corporation's digital real estate services for property listings, advertising, and professional software products.
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Robert Thomson, Chief Executive Officer
Robert Thomson was appointed Chief Executive Officer of News Corp in January 2013. An Australian-born media executive and former journalist, he began his career as a copyboy at The Herald in Melbourne in 1979. His journalistic career included roles as China correspondent for Fairfax Media and the Financial Times, and Tokyo correspondent for the Financial Times. In 2002, he became editor of The Times in London, being the first Australian to hold this position, where he introduced a tabloid format. From 2008, he served as Editor-in-Chief of Dow Jones & Company and Managing Editor of The Wall Street Journal. Under his leadership at News Corp, he has focused on digital adaptation, transitioning the company into a digital and subscription-led business.
Lavanya Chandrashekar, Chief Financial Officer
Lavanya Chandrashekar became the Chief Financial Officer of News Corp, effective January 1, 2025. She brings nearly 30 years of experience in international finance and investor relations. Prior to joining News Corp, Ms. Chandrashekar was the CFO of Diageo from 2021 to September 2024. Her career also includes senior finance positions at prominent consumer-facing companies such as Procter & Gamble and Mondelēz International. At Diageo, she was instrumental in leading the company through a period of profitable growth and spearheading a global digital transformation program.
Lachlan Murdoch, Chair
Lachlan Murdoch serves as the Chair of News Corp. He is the son of Rupert Murdoch and succeeded his father as Chair in September 2023. Mr. Murdoch also holds the position of CEO of Fox Corporation. He plays a key role in overseeing the strategic direction and operations of News Corp.
David Pitofsky, General Counsel
David Pitofsky is the General Counsel of News Corp. He also serves as the Chief Compliance Officer for the company. Mr. Pitofsky is a member of News Corp's executive leadership team.
Julian Delany, Chief Technology Officer
Julian Delany was appointed Executive Vice President and Chief Technology Officer of News Corp in June 2025.
AI Analysis | Feedback
The key risks to News Corporation (NWSA) primarily revolve around the evolving media landscape, the sensitivity of its digital real estate segment to market conditions, and emerging legal challenges related to content and artificial intelligence.
1. Declining Advertising Revenue and Fierce Competition in News Media
News Corporation operates within a highly competitive media environment, facing challenges from both traditional publishers and a growing number of digital media platforms and streaming services. The News Media segment, which includes its global newspaper mastheads, continues to grapple with structural challenges, notably a decline in print advertising revenue. Advertising revenue, a significant portion of the company's income, has shown a downward trend, reflecting a broader industry shift where consumers increasingly opt for digital sources, leading to an erosion of print-based audience and advertising revenue. To maintain market position and audience engagement, News Corp must continually innovate and adapt to evolving consumer preferences and technological advancements.
2. Sensitivity of Digital Real Estate Services to Market Fluctuations
News Corporation's Digital Real Estate Services segment, particularly through Realtor.com, is susceptible to the dynamic real estate market. Fluctuations in mortgage rates have a direct impact on Realtor.com's website traffic and revenue. When mortgage rates rise, prospective homebuyers often delay their purchasing decisions, resulting in decreased website engagement and transaction volume. This sensitivity to interest rates and general market sentiment in the real estate sector can negatively affect the company's earnings.
3. Legal and Reputational Risks from AI and Digital Content Usage
News Corporation faces potential legal and reputational risks, particularly concerning copyright challenges related to the use of its content by artificial intelligence (AI) and other digital platforms. For instance, the company is involved in a legal dispute with Brave Software regarding the use of its content in AI-driven search summaries. Navigating these legal battles and protecting its copyright interests while fostering constructive relationships with technology companies is crucial. Furthermore, technological disruption from AI could lower barriers to entry in the professional information services market, adding another layer of competitive pressure.
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- The accelerated shift of consumers from traditional pay-TV bundles to direct-to-consumer (D2C) streaming services (e.g., Netflix, Disney+, Max, Peacock). This directly threatens News Corp's Subscription Video Services segment, which primarily operates by providing video services to "pay-TV subscribers" through "cable, satellite, and internet distribution," rather than primarily operating as a direct-to-consumer streaming provider.
- The rapid advancement and adoption of generative artificial intelligence (AI) for content creation. This poses a threat to News Corp's News Media, Dow Jones, and Book Publishing segments by potentially commoditizing human-authored journalism and books, increasing competition from AI-generated content, impacting subscription models and advertising revenue for news, and disrupting the traditional author-publisher relationship in book publishing.
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News Corporation (NWSA) operates across several segments, each tapping into substantial addressable markets globally.
Digital Real Estate Services
The global real estate market was valued at approximately USD 4,443.46 billion in 2025 and is projected to grow to USD 4,744.35 billion in 2026. Another estimate placed the global real estate market size at USD 7,517.4 billion in 2025, with a projected increase to USD 8,760.4 billion by 2034. The Asia Pacific region held the largest market share in 2025 (53.4%), followed by North America (21.0%). The global real estate brokerage market, a component of this, was estimated at US$ 792 billion in 2023 and is expected to reach US$ 1,365.7 billion by 2033.
More specifically for digital offerings, the global PropTech (Property Technology) market was valued at USD 25,145.1 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 15.8% by 2030. The global IT in Real Estate market was valued at USD 10.52 billion in 2024 and is expected to reach USD 23.16 billion by 2032. Another source estimated the global IT Real Estate Market size at USD 11,568.17 million in 2024, projected to grow to USD 12,767.34 million by 2025 and exceed USD 15,565.81 million by 2033. The global real estate software market was valued at USD 10,285.7 million in 2023 and is projected to reach USD 21,766.9 million by 2030.
Subscription Video Services
The global pay TV market was estimated at USD 235,293.4 million in 2021 and is projected to reach USD 265,436.1 million by 2028. Another report indicated a global pay TV market size of USD 233.06 billion in 2024, expected to reach USD 266.72 billion by 2033. North America was the largest revenue-generating market for pay TV in 2021, and is forecasted to command the regional market. The Asia Pacific market for pay TV is anticipated to hold a revenue share of USD 54 billion, growing at a CAGR of 2.83%.
The global Subscription Video On Demand (SVOD) market was valued at USD 130.2 billion in 2024, with expectations to expand to USD 237.4 billion by 2030. The broader video streaming market was estimated at USD 129.26 billion in 2024 and is projected to reach USD 416.8 billion by 2030. North America held the largest revenue share in the global video streaming industry in 2024 (31.3%).
Dow Jones (Financial Information Services)
The global financial information services market size was projected to reach USD 44.8 billion by 2032 from an estimated USD 25.9 billion in 2023. Similarly, the global financial data services market was valued at USD 28.1 billion in 2025 and is projected to reach USD 59 billion by the end of 2035. North America is the largest region in the financial data services market, with a 44.3% share in 2024.
Book Publishing
The global book publishing market size was valued at $126.9 billion in 2025. Another assessment valued the global book publishing market at US$ 137.36 billion in 2024, with a forecast to reach US$ 224.14 billion by 2034. The global consumer book publishing market specifically reached USD 70.0 billion in 2024 and is expected to reach USD 76.0 billion by 2033. In 2025, the global Book Publishing Market was valued at USD 104,279.26 million and is expected to reach USD 150,705.51 million by 2034. Asia-Pacific dominates production in the book publishing market.
News Media
The collective global news media revenue for daily and weekly news publications was estimated at $125.7 billion in 2025. The global newspaper publishing market was valued at approximately USD 80.5 billion in 2025. Other reports estimate the global newspaper publishing market at USD 92 billion in 2025, with potential to exceed USD 129.5 billion by 2032, or US$ 88.05 billion in 2024, projected to increase to US$ 146.85 billion by 2034. North America is expected to hold the majority share of the global newspaper publishing market during the forecast period.
AI Analysis | Feedback
News Corporation (NWSA) is expected to drive future revenue growth over the next 2-3 years through several key initiatives across its diverse segments:
- Growth in Dow Jones's Professional Information Services: News Corp is focused on accelerating its Dow Jones segment, particularly its Risk & Energy businesses and high-margin enterprise news offerings. The company has outlined a strategic pathway to achieve $1 billion in annual Dow Jones segment EBITDA within five years, representing a 70% increase from fiscal 2025 levels.
- Continued Expansion in Digital Real Estate Services: This segment remains a core growth pillar for News Corp, alongside Dow Jones and Book Publishing. Analysts project a 5.9% year-over-year increase in revenue for Digital Real Estate Services in the upcoming quarter.
- Increase in Digital-Only Subscriptions and Digital Advertising: News Corp is transitioning into a majority digital enterprise, shifting from advertising dependence to a model centered on recurring digital revenues. Digital circulation revenues constitute a significant portion of overall circulation, with digital-only subscriptions continuing to grow, driven by enterprise customers. Digital advertising, particularly in areas like financial services, is also showing strength.
- Acceleration of Direct-to-Consumer Offerings: Within Dow Jones, the company plans to accelerate direct-to-consumer offerings through the introduction of new products and optimized pricing strategies. This initiative aims to enhance revenue by expanding and improving direct consumer engagement.
- Monetization Opportunities from AI Models: News Corp anticipates that its revenues and profitability will be enhanced by new monetization opportunities arising from large AI models and various new AI products. This highlights a strategic focus on leveraging its authoritative content in the evolving artificial intelligence landscape.
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Capital Allocation Decisions (NWSA)
Share Repurchases
- News Corporation authorized a new $1 billion stock repurchase program on July 15, 2025.
- This new authorization supplements an existing $1 billion program approved in September 2021, which had $303 million remaining as of July 15, 2025.
- As of January 21, 2026, approximately $997.5 million worth of shares had been purchased under the 2021 Repurchase Program. As of March 12, 2026, approximately $108.5 million worth of Class A and Class B shares had been purchased under the 2025 Repurchase Program.
Share Issuance
- No specific dollar amount of shares issued over the last 3-5 years was found in the provided information.
Inbound Investments
- News Corp announced a landmark multi-year global partnership with OpenAI in fiscal year 2024.
- The company also entered into a multiyear artificial intelligence content licensing agreement with Meta Platforms, which could be worth up to $50 million annually for access to News Corp's content from the U.S. and the U.K..
- No specific large investments made in the company by third-parties (e.g., equity investments) were found in the provided information.
Outbound Investments
- News Corp completed the sale of its 65% interest in Foxtel to DAZN in April 2025, generating significant cash and securing a minority equity stake in DAZN.
- The Dow Jones segment's B2B business was bolstered by the acquisitions of Oxford Analytica and Dragonfly Intelligence, contributing to a 15% rise in Dow Jones Risk and Compliance revenue to $337 million.
Capital Expenditures
- Specific dollar values for capital expenditures for the last 3-5 years were not explicitly provided in the available information. Capital expenditures are mentioned in the definition of free cash flow in financial reports.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 50.52 |
| Mkt Cap | 14.2 |
| Rev LTM | 5,537 |
| Op Inc LTM | 764 |
| FCF LTM | 473 |
| FCF 3Y Avg | 484 |
| CFO LTM | 709 |
| CFO 3Y Avg | 698 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.9% |
| Rev Chg 3Y Avg | 6.1% |
| Rev Chg Q | 10.9% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Inc Chg LTM | 9.4% |
| Op Inc Chg 3Y Avg | 11.1% |
| Op Mgn LTM | 14.2% |
| Op Mgn 3Y Avg | 12.9% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 16.7% |
| CFO/Rev 3Y Avg | 16.4% |
| FCF/Rev LTM | 12.1% |
| FCF/Rev 3Y Avg | 10.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.2 |
| P/S | 3.7 |
| P/Op Inc | 15.9 |
| P/EBIT | 15.3 |
| P/E | 28.0 |
| P/CFO | 17.9 |
| Total Yield | 5.5% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 3.6% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -8.4% |
| 3M Rtn | -0.5% |
| 6M Rtn | -18.0% |
| 12M Rtn | -26.3% |
| 3Y Rtn | 12.5% |
| 1M Excs Rtn | -15.2% |
| 3M Excs Rtn | -8.5% |
| 6M Excs Rtn | -29.8% |
| 12M Excs Rtn | -51.2% |
| 3Y Excs Rtn | -68.2% |
Comparison Analyses
Segment Financials
Assets by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dow Jones | 4,139 | 4,305 | 4,368 | 2,798 | 2,480 |
| Digital Real Estate Services | 3,020 | 2,942 | 2,989 | 3,146 | 2,322 |
| Book Publishing | 2,647 | 2,629 | 2,651 | 2,713 | 2,212 |
| Subscription Video Services | 2,587 | 2,812 | 3,082 | 3,515 | 3,459 |
| News Media | 2,003 | 2,023 | 2,115 | 2,209 | 1,994 |
| Other | 1,858 | 1,783 | 1,528 | 2,039 | 1,497 |
| Investments | 430 | 427 | 488 | 351 | 297 |
| Total | 16,684 | 16,921 | 17,221 | 16,771 | 14,261 |
Price Behavior
| Market Price | $25.77 | |
| Market Cap ($ Bil) | 14.4 | |
| First Trading Date | 06/19/2013 | |
| Distance from 52W High | -16.6% | |
| 50 Days | 200 Days | |
| DMA Price | $25.34 | $26.32 |
| DMA Trend | down | up |
| Distance from DMA | 1.7% | -2.1% |
| 3M | 1YR | |
| Volatility | 21.6% | 23.8% |
| Downside Capture | 13.22 | 77.76 |
| Upside Capture | 46.84 | 45.90 |
| Correlation (SPY) | 31.4% | 30.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.41 | 0.38 | 0.38 | 0.45 | 0.59 | 0.81 |
| Up Beta | 0.47 | 0.54 | -0.31 | -0.27 | 0.35 | 0.79 |
| Down Beta | -3.21 | 0.17 | 0.99 | 0.74 | 0.71 | 0.82 |
| Up Capture | 46% | 56% | 44% | 57% | 42% | 56% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 24 | 36 | 69 | 130 | 390 |
| Down Capture | 13% | 14% | 57% | 69% | 84% | 94% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 19 | 28 | 55 | 119 | 354 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NWSA | |
|---|---|---|---|---|
| NWSA | -8.4% | 23.7% | -0.43 | - |
| Sector ETF (XLC) | 15.4% | 13.2% | 0.83 | 49.1% |
| Equity (SPY) | 26.2% | 12.1% | 1.62 | 30.3% |
| Gold (GLD) | 40.2% | 26.8% | 1.24 | -5.1% |
| Commodities (DBC) | 46.2% | 18.7% | 1.89 | -13.2% |
| Real Estate (VNQ) | 11.1% | 13.4% | 0.54 | 29.4% |
| Bitcoin (BTCUSD) | -27.4% | 41.8% | -0.65 | 9.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NWSA | |
|---|---|---|---|---|
| NWSA | 0.5% | 27.2% | 0.03 | - |
| Sector ETF (XLC) | 10.1% | 20.7% | 0.40 | 61.3% |
| Equity (SPY) | 14.1% | 17.0% | 0.65 | 59.4% |
| Gold (GLD) | 19.5% | 18.0% | 0.89 | 5.3% |
| Commodities (DBC) | 11.1% | 19.4% | 0.46 | 10.9% |
| Real Estate (VNQ) | 4.0% | 18.8% | 0.11 | 49.2% |
| Bitcoin (BTCUSD) | 9.1% | 55.6% | 0.37 | 24.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NWSA | |
|---|---|---|---|---|
| NWSA | 9.0% | 29.4% | 0.35 | - |
| Sector ETF (XLC) | 9.6% | 22.2% | 0.50 | 58.8% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 60.4% |
| Gold (GLD) | 13.1% | 16.0% | 0.68 | 1.0% |
| Commodities (DBC) | 7.9% | 17.9% | 0.36 | 19.9% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 49.2% |
| Bitcoin (BTCUSD) | 67.1% | 66.9% | 1.06 | 15.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/7/2026 | -0.1% | -2.9% | |
| 2/5/2026 | -7.1% | -7.5% | 1.4% |
| 11/6/2025 | 6.5% | 4.7% | 3.5% |
| 8/5/2025 | 0.5% | -1.6% | 0.0% |
| 5/8/2025 | -1.5% | -1.2% | -2.5% |
| 2/5/2025 | -1.0% | 2.0% | -2.8% |
| 11/7/2024 | 1.2% | -0.2% | 0.8% |
| 8/8/2024 | 3.6% | 3.0% | -0.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 14 |
| # Negative | 9 | 9 | 10 |
| Median Positive | 4.9% | 6.3% | 7.4% |
| Median Negative | -1.7% | -2.9% | -4.9% |
| Max Positive | 13.3% | 17.1% | 38.4% |
| Max Negative | -13.3% | -11.9% | -24.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 02/06/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-K |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 02/06/2025 | 10-Q |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-K |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-Q |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/15/2023 | 10-K |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 02/10/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lgc, Holdco, Llc | Direct | Buy | 9122025 | 0.00 | 7,125 | Form | |||
| 2 | Lgc, Holdco, Llc | Direct | Buy | 9122025 | 0.00 | 24,256,641 | Form | |||
| 3 | Mft, Sh Family Trust | Direct | Sell | 9102025 | 33.99 | 7,125 | Form | |||
| 4 | Mft, Sh Family Trust | Direct | Sell | 9102025 | 33.25 | 38,327,934 | Form | |||
| 5 | Degrazio, Marygrace | Chief Accounting Officer | Direct | Sell | 8192025 | 29.94 | 10,582 | 316,825 | 650,357 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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