Equities research analysts expect that TiVo Corp (NASDAQ:TIVO) will announce earnings of $0.37 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for TiVo’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.30. TiVo posted earnings per share of $0.30 during the same quarter last year, which suggests a positive year-over-year growth rate of 23.3%. The business is expected to announce its next quarterly earnings results on Wednesday, May 2nd.

According to Zacks, analysts expect that TiVo will report full-year earnings of $1.57 per share for the current year, with EPS estimates ranging from $1.40 to $1.73. For the next year, analysts forecast that the company will report earnings of $1.75 per share, with EPS estimates ranging from $1.66 to $1.85. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that cover TiVo.

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TiVo (NASDAQ:TIVO) last issued its quarterly earnings results on Tuesday, February 27th. The technology company reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.01). The business had revenue of $214.24 million for the quarter, compared to analysts’ expectations of $212.24 million. TiVo had a positive return on equity of 4.02% and a negative net margin of 4.59%.

A number of analysts have issued reports on TIVO shares. Zacks Investment Research lowered shares of TiVo from a “hold” rating to a “strong sell” rating in a research note on Friday, January 5th. B. Riley lowered shares of TiVo from a “buy” rating to a “neutral” rating and cut their price target for the stock from $24.00 to $18.00 in a research note on Wednesday, December 13th. Finally, BWS Financial started coverage on shares of TiVo in a research note on Monday, January 22nd. They set a “buy” rating and a $25.00 price target on the stock. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $23.50.

Several hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System increased its stake in shares of TiVo by 1.2% during the third quarter. California Public Employees Retirement System now owns 292,684 shares of the technology company’s stock worth $5,810,000 after buying an additional 3,400 shares during the period. Legal & General Group Plc increased its stake in shares of TiVo by 1.6% during the third quarter. Legal & General Group Plc now owns 235,749 shares of the technology company’s stock worth $4,675,000 after buying an additional 3,649 shares during the period. Washington Capital Management Inc. increased its stake in shares of TiVo by 16.5% during the fourth quarter. Washington Capital Management Inc. now owns 26,800 shares of the technology company’s stock worth $418,000 after buying an additional 3,800 shares during the period. Aperio Group LLC increased its stake in shares of TiVo by 16.4% during the third quarter. Aperio Group LLC now owns 29,158 shares of the technology company’s stock worth $579,000 after buying an additional 4,104 shares during the period. Finally, OxFORD Asset Management LLP increased its stake in shares of TiVo by 9.8% during the third quarter. OxFORD Asset Management LLP now owns 54,950 shares of the technology company’s stock worth $1,069,000 after buying an additional 4,908 shares during the period. Hedge funds and other institutional investors own 92.23% of the company’s stock.

Shares of TiVo stock opened at $15.10 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.48 and a current ratio of 2.54. The stock has a market cap of $1,854.28, a PE ratio of -47.19, a price-to-earnings-growth ratio of 1.19 and a beta of -0.17. TiVo has a one year low of $12.75 and a one year high of $20.17.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Investors of record on Wednesday, March 7th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Tuesday, March 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.77%. TiVo’s payout ratio is -225.00%.

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TiVo Company Profile

TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.

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Earnings History and Estimates for TiVo (NASDAQ:TIVO)

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