Media General Company Profile (NYSE:MEG)

Analyst Ratings

Consensus Ratings for Media General (NYSE:MEG) (?)
Ratings Breakdown: 5 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $14.83 (15.58% downside)

Analysts' Ratings History for Media General (NYSE:MEG)
Show:
DateFirmActionRatingPrice TargetActions
5/9/2016WedbushBoost Price TargetNeutral$18.00 -> $19.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016NomuraLower Price TargetNeutral$15.00 -> $6.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/8/2016Benchmark Co.Reiterated RatingBuy$19.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/8/2016GabelliDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/4/2016Royal Bank Of CanadaReiterated RatingOutperform$12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/18/2015StephensInitiated CoverageEqual Weight$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/16/2015Evercore ISIDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/29/2015FirstEnergy CapitalLower Price Target$19.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/28/2014 forward)

Earnings

Earnings History for Media General (NYSE:MEG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/4/2016        
7/28/2016Q216$0.16($0.07)$365.67 million$460.00 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2016Q116$0.04($0.20)$340.17 million$343.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2016Q415$0.22$0.12$372.72 million$366.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q315$0.03$0.03$323.13 million$322.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2015Q215$0.06$0.01$325.96 million$321.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2015Q115($0.03)($0.06)$300.10 million$297.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2015Q414$0.31$0.29$192.98 million$217.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/5/2015Q414$0.31$0.16$192.98 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q314$0.20$0.15$164.40 million$160.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2014Q114$0.16$0.08$153.33 million$154.10 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014Q413($0.07)$71.40 million$110.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013$0.56ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/8/2013Q2 2013($0.35)ViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/26/2012$0.54$0.20ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/19/2011($0.28)($1.32)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/20/2011($0.29)($0.68)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/20/2011($0.28)($1.15)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2011$0.70$0.39ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Media General (NYSE:MEG)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.11$0.11$0.11
Q4 20161$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Media General (NYSE:MEG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Media General (NYSE:MEG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/21/2016John R MuseDirectorSell7$17.56$122.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/20/2016John R MuseDirectorSell7,995$17.55$140,312.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/15/2016John R MuseDirectorSell1,211,478$17.94$21,733,915.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/13/2016John R MuseDirectorSell83,500$17.70$1,477,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/16/2016Deborah A McdermottCOOSell4,495$16.70$75,066.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2016General L.P. StandardMajor ShareholderSell7,000,000$16.51$115,570,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/2/2016James F WoodwardCFOSell1,431$16.87$24,140.97View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/2/2016Vincent L SaduskyCEOSell16,288$16.87$274,778.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/29/2016Andrew C CaringtonVPSell1,323$16.38$21,670.74View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/29/2016Deborah A McdermottCOOSell4,892$16.38$80,130.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/29/2016Timothy J MulvaneyCAOSell288$16.38$4,717.44View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2014James R ConschafterVPSell12,333$17.00$209,661.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/2/2014Timothy J MulvaneyCAOSell2,533$15.52$39,312.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/12/2013Marshall N MortonChairmanSell41,214$21.38$881,155.32View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2013Marshall N MortonChairmanSell27,437$10.42$285,893.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/14/2013John R CottinghamVPSell6,000$10.28$61,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/13/2013Marshall N MortonChairmanSell75,907$10.54$800,059.78View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/24/2012Coleman Wortham IIIDirectorBuy18,000$4.25$76,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/24/2012Wyndham RobertsonDirectorBuy10,000$5.16$51,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Media General (NYSE:MEG)
DateHeadline
07/25/16 04:12 PMMEDIA GENERAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
07/25/16 08:18 AMJuly 25, 2016 Media General to Report Second Quarter 2016 Earnings Results on August 5, 2016 - [at noodls] - FOR IMMEDIATE RELEASE July 25, 2016 MEDIA GENERAL TO REPORT SECOND QUARTER 2016 EARNINGS RESULTS ON AUGUST 5, 2016 Richmond, VA - Media General, Inc. ('Media General' or the 'Company;' NYSE: MEG), will ...
07/25/16 08:00 AMMedia General to Report Second Quarter 2016 Earnings Results on August 5, 2016 - [Business Wire] - Media General, Inc. , will report its second quarter 2016 earnings results before the market opens on August 5, 2016. Media General will no longer be holding an earnings conference call given that its pending merger with Nexstar Broadcasting Group, Inc.
07/19/16 10:59 AMMedia General, Inc. Common Stoc (NYSE:MEG) Trading Down – Insider Trading Activity
07/17/16 09:20 AMMassive Facebook Sale Highlights Insider Trading: Shake Shack, Costco, Media General, Western Gas Partners and More -
07/15/16 09:31 AMMedia General, Inc. Common Stoc (MEG) Ownership Down in Latest Report from Muse John R
07/13/16 06:28 PMNexstar issuing $900M in debt as it pursues Media General closure -
07/13/16 01:52 PMNexstar Broadcasting, Inc. -- Moody's assigns B3 to Nexstar's proposed senior notes -
07/12/16 05:24 PMMedia General Inc. (MEG) is Trading Higher on Unusual Volume for July 11
07/11/16 08:11 AMMedia General, Inc. breached its 50 day moving average in a Bullish Manner : MEG-US : July 11, 2016 -
06/29/16 09:37 PMFCC says TV airwaves being sold for wireless use worth $86.4 billion -
06/29/16 04:00 PMFCC says TV airwaves being sold for wireless use worth $86.4 bln -
06/21/16 07:30 AMMedia General, Inc. breached its 50 day moving average in a Bullish Manner : MEG-US : June 21, 2016 -
06/20/16 01:48 PMETF’s with exposure to Media General, Inc. : June 20, 2016 -
06/17/16 04:59 PMMedia General Inc. (MEG) Hits New 52-week High During June 15 Session
06/16/16 09:25 AMThree Indiana TV Stations to be Sold
06/16/16 09:25 AMNexstar Broadcasting to sell five stations to USA Television MidAmerica
06/09/16 07:59 AMMedia General Inc. (MEG) Hits New 52-week High During June 07 Session
06/08/16 04:25 PMMEDIA GENERAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financial St -
06/08/16 12:18 PMJune 8, 2016 Shareholders of Nexstar Broadcasting and Media General Vote to Approve Nexstar’s Acquisition of Media General - [at noodls] - FOR IMMEDIATE RELEASE June 8, 2016 SHAREHOLDERS OF NEXSTAR BROADCASTING AND MEDIA GENERAL VOTE TO APPROVE NEXSTAR'S ACQUISITION OF MEDIA GENERAL IRVING, Texas - Nexstar Broadcasting Group, Inc. (Nasdaq: ...
06/08/16 11:39 AMBRIEF-Nexstar, Media General shareholders vote to approve Nexstar's acquisition of Media General - * Shareholders Elected Lisbeth Mcnabb, C. Thomas Mcmillen To Serve As Class I Directors Until Date Of Nexstar 2019 Annual Meeting
06/08/16 11:38 AMShareholders Of Nexstar Broadcasting And Media General Vote To Approve Nexstar’s Acquisition Of Media General - [at noodls] - IRVING, Texas, June 8, 2016 - Nexstar Broadcasting Group, Inc.(Nasdaq: NXST) ('Nexstar') and Media General, Inc.(NYSE: MEG) ('Media General') announced that, at separate meetings today, their respective ...
06/08/16 05:30 AMTV Political Ad Spending Will Break Records in 2016, and These Broadcasters Will Cash in -
06/04/16 07:54 AMNexstar enters agreement to sell WBAY-TV to Gray Television, Inc.
06/03/16 05:33 PMNexstar To Divest Two Television Stations For $270 Mln - Quick Facts
06/03/16 05:33 PMNexstar Broadcasting Group Inc.: Nexstar Broadcasting Enters Into Definitive Agreement To Divest Two Stations In Two Markets For $270 Million
05/29/16 07:20 PMPerformance at a Glance on Media General, Inc. (NYSE:MEG) - HNN - Performance at a Glance on Media General, Inc. (NYSE:MEG)HNNWhen speculating how a given stock will perform in the future, it is important to look at how it has performed in the past. Today we will examine how Media General, Inc. (NYSE:MEG)'s stock has performed at various points in its past. Currently, the ...and more »
05/29/16 02:13 PMNexstar Broadcasting (NXST) to Divest Five Stations in Four Markets - The proposed divestitures mark an important first step in fulfilling Nexstar’s commitment to regulatory bodies to consummate its previously announced agreement to acquire Media General Inc. (NYSE: MEG) (“Media General”), and Nexstar anticipates ...
05/29/16 02:13 PMNexstar Broadcasting To Sell Five TV Stations In Four Markets - The proposed divestitures mark an important first step in fulfilling Nexstar's commitment to regulatory bodies to consummate its previously announced agreement to acquire Media General Inc. (MEG). Nexstar has entered into a definitive agreement to sell ...
05/28/16 02:19 PMMedia General, Inc. (NYSE:MEG) Quarterly EPS From Continuing Operations Stands At $-0.2 - Investor Newswire - Media General, Inc. (NYSE:MEG) Quarterly EPS From Continuing Operations Stands At $-0.2Investor NewswireFor the year ended 2016-03-31 Media General, Inc. (NYSE:MEG) basic consolidated EPS reported was $-0.3088. For the quarter ended 2016-03-31, it came at $-0.3088. EPS is a part of a firm's earnings that is owed to each outstanding stock. Calculated by ...and more »
05/27/16 02:17 PMEarnings Review and Stock Rundown for Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Earnings Review and Stock Rundown for Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsInvestors and analysts will be paying close attention when the company posts earnings results. Earnings numbers can provide insight into a company's overall profitability. Covering equity analysts are expecting Media General, Inc. (NYSE:MEG) to post ...and more »
05/27/16 02:17 PMMedia General, Inc. (NYSE:MEG) Updated Broker Price Targets - Share Trading News - Media General, Inc. (NYSE:MEG) Updated Broker Price TargetsShare Trading NewsMarket analysts have recently updated their ratings and price targets on shares of Media General, Inc. (NYSE:MEG). The latest reports which are currently in issue on Friday 27th of May state 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 ...and more »
05/27/16 08:32 AMNexstar divests five stations to aid pursuit of Media General -
05/26/16 02:18 PMIt's Earnings Time: What to Do with Media General, Inc. (NYSE:MEG) Stock - iStreetWire - It's Earnings Time: What to Do with Media General, Inc. (NYSE:MEG) StockiStreetWireMedia General, Inc. (MEG) added 0.4% to reach at the floor price of $17.53 as the company is set to share its next quarterly earnings on August 04, 2016. MEG stock trades between $17.4 and $17.64 before the earnings release. Let's take a closer look at ...and more »
05/26/16 02:18 PMTraders Focused Stocks: Media General, Inc. (NYSE:MEG) , C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) - Street Updates - Traders Focused Stocks: Media General, Inc. (NYSE:MEG) , C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)Street UpdatesOn 5/25/2016, Media General, Inc. (NYSE:MEG) highlighted upward shift of +0.40% or +0.07 points to $17.53. The company traded a volume of 795.5 thousand shares under average volume of 973.04 thousand shares. Trailing twelve month period, the firm ...and more »
05/25/16 07:18 PMMedia General, Inc. (NYSE:MEG) One-Year Price Target At $18.00 - RealistInvestor.com - Media General, Inc. (NYSE:MEG) One-Year Price Target At $18.00RealistInvestor.comFirst Call has set a 52-week price target of $18.00 on Media General, Inc. (NYSE:MEG) stock after completion of its survey. For the approaching quarter, EPS estimate is set at $0.35 and for underway fiscal at $0.89. This estimate for next year is $0.76 ...Media General Incorporated (NYSE:MEG) Short Interest Decreased By 28.92%The PostStandard General LP Decreased Stake in Media Gen INC New (NYSE:MEG) by $112.00 Million as Shares RoseCCH Daily Newsall 5 news articles »
05/25/16 02:10 PMAnalysts Set 1-Year Price Target Of $19 On Media General, Inc. (NYSE:MEG) Stock - Stocks Daily - Analysts Set 1-Year Price Target Of $19 On Media General, Inc. (NYSE:MEG) StockStocks DailySell-side analysts reveal their outlook on Media General, Inc. (NYSE:MEG) stock. As of 2016-05-24, the stock has ABR of 2.33. This methodology prompts shareholders to invest in stock if it has a rating of 1. The ABR was known considering the price ...and more »
05/24/16 02:20 PMTarget Check and Stock Performance Recap Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Target Check and Stock Performance Recap Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsTracking stock performance from various views may help with share evaluation. Some investors might be more focused on short-term share action while others may prefer to view long-term performance. In recent session activity, Media General, Inc.and more »
05/24/16 11:29 AMFCC approach to Nexstar/Media General review may signal hurdles -
05/23/16 02:18 PMStock Rating Review for Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Stock Rating Review for Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsCovering equity analysts presently have a consensus stock rating of 2.33 on shares of Media General, Inc. (NYSE:MEG). Covering analysts will often provide Sell, Hold, or Buy recommendations based on their advanced research. This consensus rating is ...and more »
05/22/16 07:18 PMAfter Last Week What Do Analysts Think Of Media General, Inc. (NYSE:MEG) - Share Trading News - After Last Week What Do Analysts Think Of Media General, Inc. (NYSE:MEG)Share Trading News05/12/2014 – Wells Fargo began new coverage on Media General, Inc. giving the company a “outperform” rating. The share price of Media General, Inc. (NYSE:MEG) was up +1.00% during the last trading session, with a day high of 17.28. 478909 shares ...What Next for Media General Inc After Today's Gap Up?Wall Street Hints and Newsall 3 news articles »
05/22/16 07:18 PMPerformance at a Glance on Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Performance at a Glance on Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsWhen speculating how a given stock will perform in the future, it is important to look at how it has performed in the past. Today we will examine how Media General, Inc. (NYSE:MEG)'s stock has performed at various points in its past. Currently, the ...and more »
05/22/16 07:09 AMWhat Next for Media General Inc After Today's Gap Up? - Wall Street Hints and News - What Next for Media General Inc After Today's Gap Up?Wall Street Hints and NewsThe stock of Media General Inc (NYSE:MEG) gapped up by $0.03 today and has $25.61 target or 49.00% above today's $17.19 share price. The 8 months technical chart setup indicates low risk for the $2.22B company. The gap was reported on May, 22 by ...and more »
05/21/16 12:28 AMShare Recap and Earnings Focus on Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Share Recap and Earnings Focus on Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsAnalysts and investors are usually very focused on company earnings numbers when they are released. Company earnings are a good way to evaluate the profitability of the company. Presently, covering analysts are anticipating Media General, Inc.and more »
05/20/16 02:17 PMBroker Roundup For Media General, Inc. (NYSE:MEG) - Share Trading News - Broker Roundup For Media General, Inc. (NYSE:MEG)Share Trading News05/12/2014 – Wells Fargo began new coverage on Media General, Inc. giving the company a “outperform” rating. The share price of Media General, Inc. (NYSE:MEG) was up +0.24% during the last trading session, with a day high of 17.03. 506513 shares ...and more »
05/18/16 02:14 PMMedia General, Inc. (NYSE:MEG) Hovering Around $17.12 - RealistInvestor.com - Media General, Inc. (NYSE:MEG) Hovering Around $17.12RealistInvestor.comOn performing technical analysis of Media General, Inc. (NYSE:MEG) stock, it is noted that the stock is $0.02 points away +0.10% from its fifty-day MA of $17.07. It is $0.96 or +5.93% away $16.13, the 200-day MA (Moving Average) of stock. Also, the ...
05/18/16 02:14 PMRevenue Update on Media General Inc(NYSE:MEG) - Trade Calls - Revenue Update on Media General Inc(NYSE:MEG)Trade CallsMedia General Inc(NYSE:MEG) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during Pre-market on May 6, 2016. Company reported revenue of $343.46M. Analysts estimated a revenue of $340.17M. Earnings per share ...and more »
05/18/16 12:04 PMMEDIA GENERAL INC Financials -
05/17/16 07:25 PMShare Performance and Target Price Review for Media General, Inc. (NYSE:MEG) - Wall Street Hints and News - Share Performance and Target Price Review for Media General, Inc. (NYSE:MEG)Wall Street Hints and NewsLooking at stock activity from multiple angles may be of benefit when examining share performance. Investors have the ability to focus in on short or long term share performance. During the most recent trading session, Media General, Inc. (NYSE:MEG ...and more »
05/17/16 12:08 PMMedia General, Inc. :MEG-US: Earnings Analysis: Q1, 2016 By the Numbers -

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About Media General

Media General logoMedia General, Inc. is a television broadcasting and digital media company. The Company provides news, information and entertainment in markets across the United States. The Company operates or services 71 network-affiliated broadcast television stations in 48 markets along with the digital media business. The Company's network affiliations include twelve CBS stations, nine NBC stations, seven ABC stations, one FOX station, one CW station and one MyNetworkTV station. The Company offers consumers and advertisers with entertainment and information, content and distribution on every screen. Its portfolio of broadcast, digital and mobile products informs and engages 23% of United States Television (TV) households and 43% of the United States Internet audience. The Company has the diverse digital media business with a portfolio that includes LIN Digital, LIN Mobile, HYFN, Dedicated Media, Federated Media and BiteSizeTV.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting - TV
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MEG
  • CUSIP:
Key Metrics:
  • Previous Close: $17.57
  • 50 Day Moving Average: $17.53
  • 200 Day Moving Average: $16.88
  • P/E Ratio: N/A
  • P/E Growth: 8.51
  • Market Cap: $2.27B
  • Beta: 2.38
  • Current Year EPS Consensus Estimate: $1.03 EPS
  • Next Year EPS Consensus Estimate: $0.75 EPS
Additional Links:
Media General (NYSE:MEG) Chart for Thursday, July, 28, 2016