Electronic Arts (NASDAQ:EA) Issues FY25 Earnings Guidance

Electronic Arts (NASDAQ:EA) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.34-4.00 for the period, compared to the consensus EPS estimate of $4.61. The company issued revenue guidance of $7.3-7.7 billion, compared to the consensus revenue estimate of $7.74 billion. Electronic Arts also updated its Q1 guidance to $0.73-0.90 EPS.

Electronic Arts Trading Down 3.8 %

NASDAQ EA traded down $5.00 during trading hours on Wednesday, hitting $125.24. 4,269,953 shares of the company were exchanged, compared to its average volume of 2,013,830. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average price of $131.56 and a 200 day moving average price of $134.52. Electronic Arts has a 52 week low of $117.47 and a 52 week high of $144.53. The stock has a market cap of $33.48 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 1.73 and a beta of 0.78.

Electronic Arts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Wednesday, May 29th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.61%. Electronic Arts’s dividend payout ratio (DPR) is presently 19.14%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EA. Wedbush restated an outperform rating and issued a $162.00 target price on shares of Electronic Arts in a research report on Wednesday. Stifel Nicolaus boosted their target price on Electronic Arts from $152.00 to $155.00 and gave the stock a buy rating in a research report on Thursday, January 18th. Robert W. Baird reduced their price objective on Electronic Arts from $160.00 to $150.00 and set an outperform rating on the stock in a research note on Wednesday. BMO Capital Markets started coverage on shares of Electronic Arts in a research report on Tuesday, January 9th. They set an outperform rating and a $160.00 price target on the stock. Finally, Benchmark reaffirmed a buy rating and issued a $153.00 price target on shares of Electronic Arts in a research note on Thursday, April 18th. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of Moderate Buy and a consensus target price of $146.94.

Insiders Place Their Bets

In other Electronic Arts news, CEO Andrew Wilson sold 2,500 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $142.39, for a total value of $355,975.00. Following the completion of the sale, the chief executive officer now directly owns 28,430 shares of the company’s stock, valued at $4,048,147.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Electronic Arts news, CEO Andrew Wilson sold 2,500 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $142.39, for a total transaction of $355,975.00. Following the completion of the sale, the chief executive officer now owns 28,430 shares of the company’s stock, valued at approximately $4,048,147.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jacob J. Schatz sold 1,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $143.24, for a total transaction of $143,240.00. Following the completion of the transaction, the insider now owns 20,258 shares in the company, valued at approximately $2,901,755.92. The disclosure for this sale can be found here. Insiders sold a total of 32,272 shares of company stock valued at $4,420,459 over the last 90 days. Insiders own 0.20% of the company’s stock.

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.