NASDAQ:TRNC - Tronc Stock Price, Price Target & More

$19.12 +0.08 (+0.42 %)
(As of 04/23/2018 11:36 AM ET)
Previous Close$19.04
Today's Range$18.81 - $19.12
52-Week Range$10.80 - $24.74
Volume16,224 shs
Average Volume189,717 shs
Market Capitalization$671.66 million
P/E Ratio17.63
Dividend YieldN/A
Beta2

About Tronc (NASDAQ:TRNC)

Tronc logotronc, Inc., a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses. In addition, it offers TCA, a syndication and licensing business that provides daily news service and syndicated premium content to 1,700 media and digital information publishers; and forsalebyowner.com, a national consumer-to-consumer focused real estate Website. The company was formerly known as Tribune Publishing Company and changed its name to tronc, Inc. in June 2016. tronc, Inc. was founded in 2013 and is headquartered in Chicago, Illinois.

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Industry, Sector and Symbol

Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
SymbolNASDAQ:TRNC
CUSIPN/A
Phone312-222-9100

Debt

Debt-to-Equity Ratio4.80%
Current Ratio1.56%
Quick Ratio1.52%

Price-To-Earnings

Trailing P/E Ratio17.63
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.52 billion
Price / Sales0.44
Cash Flow$2.7994 per share
Price / Cash6.83
Book Value$2.06 per share
Price / Book9.28

Profitability

EPS (Most Recent Fiscal Year)$1.08
Net Income$5.53 million
Net Margins0.36%
Return on Equity53.46%
Return on Assets4.14%

Miscellaneous

Employees6,581
Outstanding Shares35,280,000

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Tronc (NASDAQ:TRNC) Frequently Asked Questions

What is Tronc's stock symbol?

Tronc trades on the NASDAQ under the ticker symbol "TRNC."

How were Tronc's earnings last quarter?

Tronc (NASDAQ:TRNC) posted its quarterly earnings results on Wednesday, March, 7th. The company reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.65 by $0.35. The firm earned $435.02 million during the quarter, compared to the consensus estimate of $424.20 million. Tronc had a return on equity of 53.46% and a net margin of 0.36%. View Tronc's Earnings History.

When is Tronc's next earnings date?

Tronc is scheduled to release their next quarterly earnings announcement on Tuesday, May, 1st 2018. View Earnings Estimates for Tronc.

What price target have analysts set for TRNC?

2 brokerages have issued 1-year target prices for Tronc's shares. Their forecasts range from $19.00 to $25.00. On average, they expect Tronc's share price to reach $22.00 in the next year. View Analyst Ratings for Tronc.

Who are some of Tronc's key competitors?

Who are Tronc's key executives?

Tronc's management team includes the folowing people:
  • Mr. Justin C. Dearborn, CEO & Chairman (Age 48)
  • Mr. Ross B. Levinsohn, Chief Exec. Officer of Tribune Interactive LLC (Age 55)
  • Mr. Timothy P. Knight, Pres (Age 52)
  • Mr. Terry Jimenez, Exec. VP & CFO (Age 45)
  • Ms. Julie K. Xanders, Exec. VP, Gen. Counsel & Sec. (Age 53)

Has Tronc been receiving favorable news coverage?

Media stories about TRNC stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tronc earned a media sentiment score of 0.00 on Accern's scale. They also assigned news headlines about the company an impact score of 45.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

How do I buy shares of Tronc?

Shares of TRNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tronc's stock price today?

One share of TRNC stock can currently be purchased for approximately $19.12.

How big of a company is Tronc?

Tronc has a market capitalization of $671.66 million and generates $1.52 billion in revenue each year. The company earns $5.53 million in net income (profit) each year or $1.08 on an earnings per share basis. Tronc employs 6,581 workers across the globe.

How can I contact Tronc?

Tronc's mailing address is 435 North Michigan Avenue, Chicago IL, 60611. The company can be reached via phone at 312-222-9100 or via email at [email protected]


MarketBeat Community Rating for Tronc (TRNC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  230
MarketBeat's community ratings are surveys of what our community members think about Tronc and other stocks. Vote "Outperform" if you believe TRNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Tronc (NASDAQ:TRNC) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
2 Wall Street analysts have issued ratings and price targets for Tronc in the last 12 months. Their average twelve-month price target is $22.00, suggesting that the stock has a possible upside of 15.06%. The high price target for TRNC is $25.00 and the low price target for TRNC is $19.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $22.00$22.00$25.00N/A
Price Target Upside: 15.06% upside39.68% upside39.12% upsideN/A

Tronc (NASDAQ:TRNC) Consensus Price Target History

Price Target History for Tronc (NASDAQ:TRNC)

Tronc (NASDAQ:TRNC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/12/2018Noble FinancialUpgradeBuy$19.00LowView Rating Details
1/17/2018SidotiInitiated CoverageBuy -> Buy$25.00LowView Rating Details
(Data available from 4/23/2016 forward)

Earnings

Tronc (NASDAQ:TRNC) Earnings History and Estimates Chart

Earnings by Quarter for Tronc (NASDAQ:TRNC)

Tronc (NASDAQ:TRNC) Earnings Estimates

Current Year EPS Consensus Estimate: $0.39 EPS

Tronc (NASDAQ TRNC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2018$0.28N/AView Earnings Details
3/7/2018Q4 2017$0.65$0.30$424.20 million$435.02 millionViewN/AView Earnings Details
11/1/2017Q3 2017($0.12)$0.17$363.20 million$353.09 millionViewN/AView Earnings Details
8/2/2017Q2 2017$0.01$0.3610$375.05 million$369.79 millionViewListenView Earnings Details
5/3/2017Q1 2017($0.23)$0.19$370.59 million$366.12 millionViewN/AView Earnings Details
2/22/2017Q4 2016$0.3050$0.53$432.00 million$425.42 millionViewListenView Earnings Details
11/1/2016Q3($0.15)$0.22$380.98 million$378.24 millionViewListenView Earnings Details
8/3/2016Q2 2016$0.35$404.50 millionViewN/AView Earnings Details
5/4/2016Q116$0.25$0.23$395.51 million$398.20 millionViewN/AView Earnings Details
3/2/2016Q415$0.86$1.34$463.86 million$462.00 millionViewN/AView Earnings Details
11/5/2015Q315($0.07)$0.12$405.63 million$404.00 millionViewN/AView Earnings Details
8/11/2015Q215$0.32$0.42$405.96 million$410.00 millionViewListenView Earnings Details
5/6/2015Q115$0.34$0.10$408.21 million$396.00 millionViewN/AView Earnings Details
3/4/2015Q414$0.83$0.60$446.38 million$457.48 millionViewN/AView Earnings Details
11/5/2014Q314$0.33$424.00 million$404.00 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Tronc (NASDAQ:TRNC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/15/2015quarterly$0.17507.47%1/7/20161/11/20162/11/2016
9/4/2015quarterly$0.17506.37%9/29/201510/1/201510/29/2015
6/24/2015quarterly$0.17504.26%7/13/20157/15/20158/14/2015
3/18/2015quarterly$0.17503.74%4/13/20154/15/20155/15/2015
11/5/2014quarterly$0.175011/17/201411/19/201412/10/2014
(Data available from 1/1/2013 forward)

Insider Trades

Tronc (NASDAQ TRNC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 40.79%
Insider Trading History for Tronc (NASDAQ:TRNC)
Insider Trading History for Tronc (NASDAQ:TRNC)

Tronc (NASDAQ TRNC) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/23/2017Tribune L.P. OaktreeMajor ShareholderSell3,741,371$15.00$56,120,565.00View SEC Filing  
3/20/2017Patrick Soon-ShiongDirectorBuy2,950,000$14.87$43,866,500.001,093,619View SEC Filing  
3/20/2017Tribune L.P. OaktreeMajor ShareholderSell950,000$14.60$13,870,000.00View SEC Filing  
2/17/2017Patrick Soon-ShiongDirectorBuy14,137$13.91$196,645.671,086,402View SEC Filing  
12/23/2016Merrick Venture Management, LlMajor ShareholderBuy2,500,000$15.00$37,500,000.003,827,788View SEC Filing  
12/19/2016Merrick Venture Management, LlMajor ShareholderBuy8,494$13.48$114,499.121,325,294View SEC Filing  
12/15/2016Michael W Ferro JrDirectorBuy16,700$13.08$218,436.00View SEC Filing  
12/8/2016Patrick Soon-ShiongDirectorBuy200$13.49$2,698.001,079,482View SEC Filing  
12/7/2016Michael W Ferro JrDirectorBuy8,500$13.42$114,070.00View SEC Filing  
12/5/2016Patrick Soon-ShiongDirectorBuy33,905$13.00$440,765.001,026,517View SEC Filing  
12/1/2016Patrick Soon-ShiongDirectorBuy65,022$12.85$835,532.70969,384View SEC Filing  
11/30/2016Merrick Venture Management, LlMajor ShareholderBuy26,175$12.95$338,966.251,283,172View SEC Filing  
11/28/2016Michael W Ferro JrDirectorBuy42,126$12.93$544,689.18View SEC Filing  
11/23/2016Patrick Soon-ShiongDirectorBuy84,675$12.92$1,094,001.00900,666View SEC Filing  
11/22/2016Michael W Ferro JrDirectorBuy74,775$12.71$950,390.25View SEC Filing  
11/18/2016Patrick Soon-ShiongDirectorBuy64,585$12.79$826,042.15771,186View SEC Filing  
11/17/2016Michael W Ferro JrDirectorBuy94,449$12.73$1,202,335.77View SEC Filing  
11/14/2016Michael W Ferro JrDirectorBuy50,717$12.17$617,225.89View SEC Filing  
11/10/2016Patrick Soon-ShiongDirectorBuy269,076$11.29$3,037,868.04641,906View SEC Filing  
11/9/2016Michael W Ferro JrDirectorBuy1,005,582$11.19$11,252,462.58View SEC Filing  
11/7/2016Patrick Soon-ShiongDirectorBuy31,349$9.52$298,442.48439,306View SEC Filing  
6/13/2016Patrick Soon-ShiongDirectorBuy3,400$12.93$43,962.00410,057View SEC Filing  
8/21/2015Tony HunterCEOBuy5,000$11.70$58,500.006,105View SEC Filing  
8/18/2015John H Griffin JrCEOBuy20,000$11.26$225,200.00View SEC Filing  
11/11/2014John B BodeCFOBuy3,000$16.99$50,970.00View SEC Filing  
11/11/2014John H Griffin JrCEOBuy12,500$16.97$212,125.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Tronc (NASDAQ TRNC) News Headlines

Source:
DateHeadline
Report: Gannett on sidelines of Tronc biddingReport: Gannett on sidelines of Tronc bidding
seekingalpha.com - April 18 at 5:48 PM
Tronc (TRNC) Rating Increased to Buy at BidaskClubTronc (TRNC) Rating Increased to Buy at BidaskClub
www.americanbankingnews.com - April 18 at 9:51 AM
Softbank courts troncSoftbank courts tronc
finance.yahoo.com - April 17 at 8:24 AM
BRIEF-Softbank Among Several Possible Buyers For Newspaper Publisher Tronc - AxiosBRIEF-Softbank Among Several Possible Buyers For Newspaper Publisher Tronc - Axios
www.reuters.com - April 16 at 5:29 PM
UPDATE: Sofbank is Said Among Possible Bidders for tronc (TRNC) - AxiosUPDATE: Sofbank is Said Among Possible Bidders for tronc (TRNC) - Axios
www.streetinsider.com - April 16 at 5:29 PM
Tronc shares jump on report of SoftBank interestTronc shares jump on report of SoftBank interest
www.ft.com - April 16 at 5:29 PM
Tronc surges on report that Softbank is interested in possible bidTronc surges on report that Softbank is interested in possible bid
www.cnbc.com - April 16 at 5:29 PM
Tronc Inc (TRNC) Stock Spikes on on SoftBank RumorsTronc Inc (TRNC) Stock Spikes on on SoftBank Rumors
investorplace.com - April 16 at 2:57 PM
Tronc shares rise 12% on report that SoftBank is among possible buyersTronc shares rise 12% on report that SoftBank is among possible buyers
www.cnbc.com - April 16 at 11:38 AM
BRIEF-Merrick Venture Management Enters Securities Purchase Agreement With McCormick Media To Sell 9.1 Mln Of ...BRIEF-Merrick Venture Management Enters Securities Purchase Agreement With McCormick Media To Sell 9.1 Mln Of ...
www.reuters.com - April 15 at 6:38 PM
Michael Ferro Agrees to Sell All of His Shares in TroncMichael Ferro Agrees to Sell All of His Shares in Tronc
www.nytimes.com - April 14 at 8:17 AM
Tronc Holder Ferro Selling Shares to McCormick MediaTronc Holder Ferro Selling Shares to McCormick Media
finance.yahoo.com - April 14 at 8:17 AM
[$$] Michael Ferro Sells Tronc Stake to Descendant of Former Chicago Tribune Owner[$$] Michael Ferro Sells Tronc Stake to Descendant of Former Chicago Tribune Owner
finance.yahoo.com - April 14 at 8:17 AM
Troncs largest shareholder sells off stake at 34% premiumTronc's largest shareholder sells off stake at 34% premium
finance.yahoo.com - April 14 at 8:17 AM
Leon Black's Apollo considers Tronc takeover on heels of layoffsLeon Black's Apollo considers Tronc takeover on heels of layoffs
finance.yahoo.com - April 13 at 5:36 PM
New L.A. Times owner plans to move paper to El SegundoNew L.A. Times owner plans to move paper to El Segundo
finance.yahoo.com - April 13 at 5:36 PM
Apollo Global (APO) Eyeing Acquisition of tronc (TRNC) - NYPApollo Global (APO) Eyeing Acquisition of tronc (TRNC) - NYP
www.streetinsider.com - April 13 at 8:16 AM
Tronc cuts dozens of employees, including former Times Editor Lewis DVorkinTronc cuts dozens of employees, including former Times Editor Lewis D'Vorkin
www.latimes.com - April 13 at 8:16 AM
Chicago Tribune Staff Seeks Union in Challenge to TroncChicago Tribune Staff Seeks Union in Challenge to Tronc
www.bloomberg.com - April 11 at 5:36 PM
Chicago Tribune editorial staffers take first steps toward unionizingChicago Tribune editorial staffers take first steps toward unionizing
finance.yahoo.com - April 11 at 5:36 PM
Chicago Tribune Staff Seeks to Form Union in Challenge to TroncChicago Tribune Staff Seeks to Form Union in Challenge to Tronc
finance.yahoo.com - April 11 at 5:36 PM
tronc (TRNC) Cut to "Hold" at Zacks Investment Researchtronc (TRNC) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 11 at 1:33 PM
Sun Sentinel and Wondery’s “Felonious Florida” Debuts at No. 1 on Apple Podcast Chart NationwideSun Sentinel and Wondery’s “Felonious Florida” Debuts at No. 1 on Apple Podcast Chart Nationwide
finance.yahoo.com - April 10 at 5:32 PM
Tronc Launches Branded Content Agency, Studio 1847Tronc Launches Branded Content Agency, Studio 1847
finance.yahoo.com - April 5 at 5:20 PM
ValuEngine Downgrades tronc (TRNC) to HoldValuEngine Downgrades tronc (TRNC) to Hold
www.americanbankingnews.com - April 5 at 2:09 PM
Chicago Tribune and Los Angeles Times Honored by Investigative Reporters and Editors, Overseas Press Club of AmericaChicago Tribune and Los Angeles Times Honored by Investigative Reporters and Editors, Overseas Press Club of America
finance.yahoo.com - April 3 at 5:38 PM
Sun Sentinel and Wondery Launch True Crime Podcast Series, “Felonious Florida”Sun Sentinel and Wondery Launch True Crime Podcast Series, “Felonious Florida”
finance.yahoo.com - April 3 at 5:38 PM
tronc Inc (TRNC) Given Average Recommendation of "Hold" by Brokeragestronc Inc (TRNC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 3 at 1:48 AM
Chicago Tribune Columnist Dahleen Glanton Wins 2018 American Society of News Editors Mike Royko AwardChicago Tribune Columnist Dahleen Glanton Wins 2018 American Society of News Editors Mike Royko Award
finance.yahoo.com - March 29 at 5:33 PM
Financial Comparison: tronc (TRNC) vs. Its CompetitorsFinancial Comparison: tronc (TRNC) vs. Its Competitors
www.americanbankingnews.com - March 29 at 3:34 PM
Contrasting tronc (TRNC) and Wolters Kluwer (WTKWY)Contrasting tronc (TRNC) and Wolters Kluwer (WTKWY)
www.americanbankingnews.com - March 29 at 11:19 AM
Reviewing Scholastic (SCHL) & tronc (TRNC)Reviewing Scholastic (SCHL) & tronc (TRNC)
www.americanbankingnews.com - March 29 at 1:18 AM
tronc (TRNC) versus The Competition Head to Head Analysistronc (TRNC) versus The Competition Head to Head Analysis
www.americanbankingnews.com - March 28 at 1:04 AM
tronc (TRNC) Cut to "Buy" at BidaskClubtronc (TRNC) Cut to "Buy" at BidaskClub
www.americanbankingnews.com - March 27 at 2:54 PM
tronc (TRNC) vs. Its Competitors Head to Head Comparisontronc (TRNC) vs. Its Competitors Head to Head Comparison
www.americanbankingnews.com - March 26 at 9:32 AM
tronc (TRNC) and Its Peers Head-To-Head Surveytronc (TRNC) and Its Peers Head-To-Head Survey
www.americanbankingnews.com - March 24 at 8:04 AM
Chicago Tribune and Hartford Courant Staff Named Finalists for 2018 American Society for News Editors AwardsChicago Tribune and Hartford Courant Staff Named Finalists for 2018 American Society for News Editors Awards
finance.yahoo.com - March 23 at 5:47 PM
Head-To-Head Review: tronc (TRNC) vs. 51job (JOBS)Head-To-Head Review: tronc (TRNC) vs. 51job (JOBS)
www.americanbankingnews.com - March 23 at 3:36 PM
Reviewing Wolters Kluwer (WTKWY) & tronc (TRNC)Reviewing Wolters Kluwer (WTKWY) & tronc (TRNC)
www.americanbankingnews.com - March 22 at 5:26 PM
John Wiley & Sons (JW.A) versus tronc (TRNC) Financial ContrastJohn Wiley & Sons (JW.A) versus tronc (TRNC) Financial Contrast
www.americanbankingnews.com - March 22 at 12:24 PM
tronc (TRNC) and Its Competitors Critical Analysistronc (TRNC) and Its Competitors Critical Analysis
www.americanbankingnews.com - March 22 at 11:49 AM
Tronc chairman Michael Ferro resigns amid sexual harassment allegationsTronc chairman Michael Ferro resigns amid sexual harassment allegations
www.marketwatch.com - March 20 at 5:21 PM
Tronc chairman steps down amid misconduct allegationsTronc chairman steps down amid misconduct allegations
finance.yahoo.com - March 20 at 5:21 PM
Justin Dearborn Named Chairman of tronc, Inc. Board - GlobeNewswire (press release)Justin Dearborn Named Chairman of tronc, Inc. Board - GlobeNewswire (press release)
www.globenewswire.com - March 20 at 8:22 AM
tronc (TRNC) Says Justin Dearborn Named Chairman - StreetInsider.comtronc (TRNC) Says Justin Dearborn Named Chairman - StreetInsider.com
www.streetinsider.com - March 20 at 8:22 AM
Tronc Is The Dumbest Name In The History Of Corporate AmericaTronc Is The Dumbest Name In The History Of Corporate America
finance.yahoo.com - March 20 at 8:22 AM
Two women accuse Michael Ferro, former tronc board chair, of unwanted advancesTwo women accuse Michael Ferro, former tronc board chair, of unwanted advances
finance.yahoo.com - March 20 at 8:22 AM
BRIEF-Justin Dearborn Named Chairman Of Tronc Inc BoardBRIEF-Justin Dearborn Named Chairman Of Tronc Inc Board
www.reuters.com - March 19 at 5:21 PM
Michael Ferro retires from tronc board ahead of LA Times saleMichael Ferro retires from tronc board ahead of LA Times sale
finance.yahoo.com - March 19 at 5:21 PM
Justin Dearborn Named Chairman of tronc, Inc. BoardJustin Dearborn Named Chairman of tronc, Inc. Board
finance.yahoo.com - March 19 at 5:21 PM

SEC Filings

Tronc (NASDAQ:TRNC) SEC Filings

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Social Media

Financials

Tronc (NASDAQ:TRNC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Tronc (NASDAQ TRNC) Stock Chart for Monday, April, 23, 2018

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This page was last updated on 4/23/2018 by MarketBeat.com Staff

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