The New York Times Company (NYSE:NYT) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of The New York Times Company (NYSE:NYT - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $83.2222.

Several research analysts have recently issued reports on NYT shares. Wall Street Zen raised New York Times from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Evercore reissued an "outperform" rating and issued a $92.00 price objective on shares of New York Times in a research note on Thursday, May 7th. Citigroup restated a "neutral" rating on shares of New York Times in a report on Wednesday, June 24th. Bank of America cut their price target on New York Times from $87.00 to $80.00 and set a "neutral" rating for the company in a report on Wednesday, June 24th. Finally, Barclays boosted their price objective on shares of New York Times from $60.00 to $66.00 and gave the company an "equal weight" rating in a research report on Thursday, May 7th.

Insider Transactions at New York Times

In other news, EVP Jacqueline M. Welch sold 4,000 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $74.14, for a total value of $296,560.00. Following the transaction, the executive vice president directly owned 23,873 shares in the company, valued at $1,769,944.22. This trade represents a 14.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP William Bardeen sold 4,121 shares of New York Times stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $77.85, for a total value of $320,819.85. Following the completion of the transaction, the executive vice president directly owned 14,560 shares in the company, valued at $1,133,496. This represents a 22.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,121 shares of company stock worth $1,310,920 in the last three months. 1.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wedge Capital Management L L P NC increased its position in shares of New York Times by 7.5% in the second quarter. Wedge Capital Management L L P NC now owns 478,416 shares of the company's stock worth $33,480,000 after acquiring an additional 33,552 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of New York Times by 174.9% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 28,981 shares of the company's stock valued at $2,028,000 after acquiring an additional 18,438 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of New York Times by 940.4% during the 2nd quarter. Versant Capital Management Inc now owns 1,186 shares of the company's stock valued at $83,000 after acquiring an additional 1,072 shares in the last quarter. Basecamp Wealth Advisors LLC lifted its holdings in shares of New York Times by 1,191.7% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 310 shares of the company's stock valued at $26,000 after acquiring an additional 286 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in New York Times by 12.8% during the 1st quarter. Pacer Advisors Inc. now owns 48,909 shares of the company's stock worth $4,095,000 after purchasing an additional 5,558 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

New York Times Stock Performance

Shares of NYT stock opened at $71.69 on Monday. The stock has a fifty day moving average price of $73.85 and a 200 day moving average price of $76.09. The stock has a market cap of $11.60 billion, a PE ratio of 30.77, a P/E/G ratio of 1.48 and a beta of 0.96. New York Times has a 1 year low of $51.03 and a 1 year high of $87.10.

New York Times (NYSE:NYT - Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.12. The company had revenue of $712.24 million for the quarter, compared to the consensus estimate of $699.93 million. New York Times had a return on equity of 22.02% and a net margin of 13.18%.New York Times's quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 earnings per share. As a group, equities research analysts predict that New York Times will post 2.93 earnings per share for the current year.

New York Times Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, July 8th. This represents a $0.92 annualized dividend and a yield of 1.3%. New York Times's dividend payout ratio is currently 39.48%.

More New York Times News

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Reuters reported that a U.S. judge will weigh subpoenas involving New York Times journalists who reported on Trump’s Qatari-donated Air Force One, a reminder that the paper remains at the center of major political coverage and legal attention. That kind of high-profile journalism can support subscriber engagement and reinforce the brand. Article Title
• Neutral Sentiment: Several recent New York Times articles focused on major global and U.S. issues, including Iran, tariffs, interest rates, measles, and public policy. These topics help drive audience traffic, but the direct financial impact on NYT is unclear. Article Title
• Neutral Sentiment: The company also published lifestyle, arts, sports, and feature coverage, including MLB trade-deadline analysis and entertainment pieces. These stories can support engagement, but they are not likely to materially move the stock on their own. Article Title
• Negative Sentiment: The broader news cycle remains dominated by war, tariffs, and economic uncertainty, which could pressure consumer sentiment and advertising conditions if the environment worsens. That is an indirect risk for media companies like NYT. Article Title

New York Times Company Profile

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.