Electronic Arts Inc. (NASDAQ:EA) Forecasted to Post FY2025 Earnings of $5.83 Per Share

Electronic Arts Inc. (NASDAQ:EA) – Roth Capital boosted their FY2025 earnings per share (EPS) estimates for Electronic Arts in a note issued to investors on Wednesday, July 31st. Roth Capital analyst E. Handler now forecasts that the game software company will post earnings of $5.83 per share for the year, up from their prior forecast of $5.72. The consensus estimate for Electronic Arts’ current full-year earnings is $5.76 per share.

Electronic Arts (NASDAQ:EA) last issued its quarterly earnings data on Tuesday, May 7th. The game software company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.17). The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.78 billion. Electronic Arts had a net margin of 15.77% and a return on equity of 16.26%.

Several other research analysts also recently issued reports on the company. UBS Group upped their price objective on Electronic Arts from $143.00 to $155.00 and gave the company a “neutral” rating in a research note on Wednesday. Raymond James raised their price target on shares of Electronic Arts from $155.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday. Bank of America lifted their price target on shares of Electronic Arts from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday. BMO Capital Markets reaffirmed an “outperform” rating and set a $154.00 target price on shares of Electronic Arts in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Electronic Arts from $153.00 to $150.00 and set a “hold” rating on the stock in a research report on Thursday, May 9th. Ten equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, Electronic Arts presently has an average rating of “Moderate Buy” and an average target price of $158.95.

Electronic Arts Trading Down 1.7 %

Shares of EA stock opened at $148.40 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $39.43 billion, a P/E ratio of 31.71, a P/E/G ratio of 2.36 and a beta of 0.79. Electronic Arts has a twelve month low of $117.47 and a twelve month high of $153.51. The stock’s fifty day simple moving average is $139.89 and its 200 day simple moving average is $135.90.

Electronic Arts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 18th. Shareholders of record on Wednesday, August 28th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date is Wednesday, August 28th. Electronic Arts’s dividend payout ratio is 16.24%.

Insider Buying and Selling at Electronic Arts

In related news, CFO Stuart Canfield sold 3,000 shares of Electronic Arts stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $145.00, for a total value of $435,000.00. Following the completion of the sale, the chief financial officer now owns 7,553 shares of the company’s stock, valued at approximately $1,095,185. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CFO Stuart Canfield sold 3,000 shares of the business’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $145.00, for a total transaction of $435,000.00. Following the completion of the transaction, the chief financial officer now owns 7,553 shares of the company’s stock, valued at $1,095,185. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vijayanthimala Singh sold 800 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $132.88, for a total transaction of $106,304.00. Following the completion of the transaction, the insider now owns 39,374 shares in the company, valued at $5,232,017.12. The disclosure for this sale can be found here. Insiders have sold a total of 23,239 shares of company stock worth $3,197,469 over the last three months. 0.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BI Asset Management Fondsmaeglerselskab A S grew its holdings in Electronic Arts by 82.6% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 25,074 shares of the game software company’s stock worth $3,327,000 after acquiring an additional 11,343 shares during the last quarter. FORA Capital LLC raised its holdings in shares of Electronic Arts by 209.7% during the first quarter. FORA Capital LLC now owns 45,985 shares of the game software company’s stock valued at $6,101,000 after acquiring an additional 31,136 shares in the last quarter. Duality Advisers LP purchased a new stake in Electronic Arts in the first quarter worth $1,711,000. Eaton Financial Holdings Company LLC bought a new stake in Electronic Arts in the fourth quarter valued at $1,259,000. Finally, Value Partners Investments Inc. raised its holdings in Electronic Arts by 33.5% in the 4th quarter. Value Partners Investments Inc. now owns 429,536 shares of the game software company’s stock worth $53,761,000 after purchasing an additional 107,709 shares in the last quarter. 90.23% of the stock is owned by institutional investors.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.