TiVo Corp (NASDAQ:TIVO) – Equities research analysts at B. Riley increased their Q3 2018 earnings per share estimates for shares of TiVo in a research note issued on Thursday, August 9th. B. Riley analyst E. Wold now forecasts that the technology company will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.09. B. Riley also issued estimates for TiVo’s Q4 2018 earnings at $0.15 EPS, Q1 2019 earnings at $0.12 EPS and Q2 2019 earnings at $0.21 EPS.

A number of other brokerages have also weighed in on TIVO. ValuEngine lowered shares of TiVo from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. BidaskClub lowered shares of TiVo from a “sell” rating to a “strong sell” rating in a research note on Friday, May 4th. Zacks Investment Research lowered shares of TiVo from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 3rd. Finally, JPMorgan Chase & Co. cut their target price on shares of TiVo from $30.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, August 9th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. TiVo presently has an average rating of “Hold” and a consensus price target of $22.58.

Shares of TIVO opened at $12.05 on Monday. The stock has a market cap of $1.53 billion, a PE ratio of 12.52 and a beta of -0.36. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.25 and a current ratio of 3.54. TiVo has a 1-year low of $11.30 and a 1-year high of $20.17.

Several institutional investors and hedge funds have recently made changes to their positions in TIVO. Renaissance Technologies LLC bought a new stake in TiVo during the second quarter worth about $1,308,000. Kestrel Investment Management Corp bought a new stake in TiVo during the second quarter worth about $7,592,000. Legal & General Group Plc boosted its stake in TiVo by 19.5% during the second quarter. Legal & General Group Plc now owns 309,828 shares of the technology company’s stock worth $4,183,000 after acquiring an additional 50,566 shares in the last quarter. BlackRock Inc. boosted its stake in TiVo by 2.8% during the second quarter. BlackRock Inc. now owns 16,406,549 shares of the technology company’s stock worth $220,667,000 after acquiring an additional 445,921 shares in the last quarter. Finally, Gagnon Securities LLC bought a new stake in TiVo during the second quarter worth about $402,000. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 20th. Stockholders of record on Thursday, September 6th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date of this dividend is Wednesday, September 5th. TiVo’s payout ratio is 73.47%.

About TiVo

TiVo Corporation provides entertainment technology and audience insights worldwide. Its Intellectual Property Licensing segment licenses its patent portfolio to multi-channel video service providers, including cable, satellite, and Internet-protocol television providers; set-top box manufacturers; and interactive television software and program guide providers in the online, over-the-top (OTT) video, and mobile phone businesses, as well as consumer electronics (CE) manufacturers.

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Earnings History and Estimates for TiVo (NASDAQ:TIVO)

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