Equities analysts expect that TiVo Corporation (NASDAQ:TIVO) will report earnings per share (EPS) of $0.30 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for TiVo Corporation’s earnings, with the lowest EPS estimate coming in at $0.24 and the highest estimate coming in at $0.33. TiVo Corporation reported earnings per share of $1.13 during the same quarter last year, which would suggest a negative year-over-year growth rate of 73.5%. The company is scheduled to report its next quarterly earnings report on Thursday, November 2nd.

According to Zacks, analysts expect that TiVo Corporation will report full year earnings of $1.67 per share for the current fiscal year, with EPS estimates ranging from $1.66 to $1.68. For the next year, analysts expect that the business will post earnings of $2.28 per share, with EPS estimates ranging from $1.92 to $2.62. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for TiVo Corporation.

TiVo Corporation (NASDAQ:TIVO) last posted its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.20. TiVo Corporation had a return on equity of 10.59% and a net margin of 2.47%. The firm had revenue of $208.60 million during the quarter, compared to the consensus estimate of $192.72 million. During the same quarter in the previous year, the business earned $0.45 earnings per share. The firm’s quarterly revenue was up 66.6% compared to the same quarter last year.

Several brokerages recently issued reports on TIVO. B. Riley reiterated a “buy” rating and set a $31.00 price objective on shares of TiVo Corporation in a report on Monday. ValuEngine upgraded TiVo Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Jefferies Group LLC reissued a “buy” rating and set a $18.00 target price on shares of TiVo Corporation in a research report on Thursday, September 21st. Cowen and Company reissued a “buy” rating and set a $30.00 target price on shares of TiVo Corporation in a research report on Friday, September 8th. Finally, Zacks Investment Research downgraded shares of TiVo Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. TiVo Corporation currently has an average rating of “Buy” and a consensus price target of $27.60.

In other news, EVP Pamela A. Sergeeff sold 3,147 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $20.00, for a total value of $62,940.00. Following the sale, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at $1,799,520. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Dustin Finer sold 11,881 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $20.00, for a total value of $237,620.00. Following the completion of the sale, the insider now directly owns 41,524 shares in the company, valued at $830,480. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 17,397 shares of company stock worth $343,557. 3.57% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in shares of TiVo Corporation by 25.4% in the first quarter. PNC Financial Services Group Inc. now owns 7,074 shares of the technology company’s stock valued at $132,000 after buying an additional 1,433 shares during the period. Creative Planning lifted its stake in shares of TiVo Corporation by 83.8% in the second quarter. Creative Planning now owns 7,137 shares of the technology company’s stock valued at $133,000 after buying an additional 3,253 shares during the period. Public Employees Retirement System of Ohio lifted its stake in shares of TiVo Corporation by 23.2% in the first quarter. Public Employees Retirement System of Ohio now owns 10,351 shares of the technology company’s stock valued at $194,000 after buying an additional 1,946 shares during the period. Bbva Compass Bancshares Inc. lifted its stake in shares of TiVo Corporation by 1.1% in the second quarter. Bbva Compass Bancshares Inc. now owns 10,594 shares of the technology company’s stock valued at $198,000 after buying an additional 120 shares during the period. Finally, Atria Investments LLC lifted its stake in shares of TiVo Corporation by 0.4% in the second quarter. Atria Investments LLC now owns 10,973 shares of the technology company’s stock valued at $205,000 after buying an additional 49 shares during the period. 89.00% of the stock is currently owned by institutional investors.

TiVo Corporation (TIVO) traded up 0.77% during midday trading on Tuesday, reaching $19.60. The company’s stock had a trading volume of 508,925 shares. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 108.29 and a beta of 0.18. The stock’s 50-day moving average price is $18.81 and its 200-day moving average price is $18.50. TiVo Corporation has a 12 month low of $15.15 and a 12 month high of $22.05.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend was Wednesday, September 6th. TiVo Corporation’s payout ratio is 240.00%.

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TiVo Corporation 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 Corporation (NASDAQ:TIVO)

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