Analysts expect TiVo Corp (NASDAQ:TIVO) to report earnings per share of $0.39 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for TiVo’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.35. TiVo reported earnings of $0.45 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 13.3%. The firm is scheduled to issue its next earnings results on Wednesday, February 21st.

On average, analysts expect that TiVo will report full-year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.66 to $1.74. For the next fiscal year, analysts forecast that the company will post earnings of $2.26 per share, with EPS estimates ranging from $1.71 to $3.01. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for TiVo.

TiVo (NASDAQ:TIVO) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.07). The business had revenue of $197.90 million for the quarter, compared to the consensus estimate of $190.83 million. TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. TiVo’s revenue was up 29.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.59 earnings per share.

A number of research analysts have recently weighed in on TIVO shares. B. Riley cut their price objective on TiVo from $31.00 to $24.00 and set a “buy” rating for the company in a research report on Monday. ValuEngine lowered TiVo from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Jefferies Group restated a “buy” rating and set a $18.00 price objective on shares of TiVo in a research report on Thursday, September 21st. Cowen restated a “buy” rating and set a $30.00 price objective on shares of TiVo in a research report on Friday, September 8th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $25.00 price objective on shares of TiVo in a research report on Friday, November 3rd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $24.25.

Shares of TiVo (NASDAQ:TIVO) opened at $16.20 on Thursday. The company has a current ratio of 2.38, a quick ratio of 2.33 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $2,013.89, a PE ratio of 22.30, a price-to-earnings-growth ratio of 1.32 and a beta of 0.11. TiVo has a twelve month low of $15.15 and a twelve month high of $21.90.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be given a dividend of $0.18 per share. The ex-dividend date is Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.44%. TiVo’s payout ratio is -184.62%.

In related news, CEO Enrique Rodriguez purchased 55,974 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average price of $17.86 per share, for a total transaction of $999,695.64. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Dustin Finer sold 11,881 shares of TiVo stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $20.00, for a total value of $237,620.00. Following the completion of the transaction, the insider now owns 41,524 shares of the company’s stock, valued at approximately $830,480. The disclosure for this sale can be found here. Company insiders own 3.57% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TIVO. Denver Investment Advisors LLC grew its position in TiVo by 275.5% in the second quarter. Denver Investment Advisors LLC now owns 1,724,867 shares of the technology company’s stock worth $32,168,000 after acquiring an additional 1,265,563 shares in the last quarter. Teachers Advisors LLC grew its position in TiVo by 422.1% in the second quarter. Teachers Advisors LLC now owns 1,076,095 shares of the technology company’s stock worth $20,069,000 after acquiring an additional 869,972 shares in the last quarter. Ameriprise Financial Inc. grew its position in TiVo by 7.1% in the second quarter. Ameriprise Financial Inc. now owns 8,950,144 shares of the technology company’s stock worth $166,918,000 after acquiring an additional 590,818 shares in the last quarter. Neuberger Berman Group LLC grew its position in TiVo by 9.7% in the third quarter. Neuberger Berman Group LLC now owns 2,627,610 shares of the technology company’s stock worth $52,158,000 after acquiring an additional 232,034 shares in the last quarter. Finally, TIAA CREF Investment Management LLC grew its position in TiVo by 68.3% in the second quarter. TIAA CREF Investment Management LLC now owns 553,601 shares of the technology company’s stock worth $10,325,000 after acquiring an additional 224,729 shares in the last quarter. Institutional investors own 90.30% of the company’s stock.

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About TiVo

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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