New York Times (NYT) to Release Earnings on Wednesday

New York Times (NYSE:NYT - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $634.99 million for the quarter.

New York Times (NYSE:NYT - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.74 by $0.06. New York Times had a return on equity of 18.51% and a net margin of 11.36%. On average, analysts expect New York Times to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

New York Times Price Performance

Shares of NYSE:NYT traded up $0.56 during trading on Friday, reaching $52.32. 1,653,213 shares of the stock were exchanged, compared to its average volume of 1,323,017. The stock has a fifty day moving average of $48.86 and a two-hundred day moving average of $51.67. New York Times has a 1-year low of $44.70 and a 1-year high of $58.16. The firm has a market cap of $8.54 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of 1.75 and a beta of 1.16.

New York Times Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.18 per share. This is an increase from New York Times's previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, April 1st. This represents a $0.72 annualized dividend and a yield of 1.38%. New York Times's dividend payout ratio is presently 40.45%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. StockNews.com raised shares of New York Times from a "hold" rating to a "buy" rating in a research report on Friday, April 11th. Morgan Stanley decreased their price objective on New York Times from $56.00 to $54.00 and set an "equal weight" rating for the company in a report on Thursday, February 6th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $56.00.

About New York Times

The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company's mobile application, website, printed newspaper, and associated content, such as podcast.