Electronic Arts (NASDAQ:EA) Issues FY25 Earnings Guidance

Electronic Arts (NASDAQ:EA) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.34-4.00 for the period, compared to the consensus earnings per share 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 Stock Down 3.8 %

Shares of NASDAQ:EA traded down $5.00 on Wednesday, reaching $125.24. The company had a trading volume of 4,269,953 shares, compared to its average volume of 2,013,830. Electronic Arts has a twelve month low of $117.47 and a twelve month high of $144.53. The stock has a market capitalization of $33.48 billion, a P/E ratio of 31.55, a P/E/G ratio of 1.73 and a beta of 0.78. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.61%. Electronic Arts’s dividend payout ratio is 19.14%.

Wall Street Analyst Weigh In

EA has been the subject of a number of recent research reports. Wedbush reissued an outperform rating and issued a $162.00 target price on shares of Electronic Arts in a report on Wednesday. Robert W. Baird lowered their price target on shares of Electronic Arts from $160.00 to $150.00 and set an outperform rating for the company in a report on Wednesday. BMO Capital Markets initiated coverage on Electronic Arts in a research report on Tuesday, January 9th. They issued an outperform rating and a $160.00 price objective for the company. UBS Group cut their price target on Electronic Arts from $146.00 to $143.00 and set a neutral rating on the stock in a research note on Wednesday, March 27th. Finally, Stifel Nicolaus lifted their price objective on shares of Electronic Arts from $152.00 to $155.00 and gave the stock a buy rating in a research note on Thursday, January 18th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Moderate Buy and an average target price of $146.94.

Insider Activity at Electronic Arts

In other Electronic Arts news, insider Jacob J. Schatz sold 1,000 shares of Electronic Arts stock in a transaction dated Thursday, February 15th. The stock was 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 of the company’s stock, valued at approximately $2,901,755.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Vijayanthimala Singh sold 800 shares of Electronic Arts stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $126.64, for a total value of $101,312.00. Following the transaction, the insider now directly owns 26,283 shares of the company’s stock, valued at $3,328,479.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 value of $143,240.00. Following 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. Over the last quarter, insiders have sold 32,272 shares of company stock worth $4,420,459. Insiders own 0.20% of the company’s stock.

Electronic Arts Company Profile

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.