tronc Company Profile (NASDAQ:TRNC)

About tronc (NASDAQ:TRNC)

tronc logotronc, Inc., formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia. The Company also offers an array of customized marketing solutions, and publishes a number of niche products, including Hoy and El Sentinel. troncM's media groups include the Chicago Tribune Media Group, the Los Angeles Times Media Group, the San Diego Media Group, the Sun Sentinel Media Group, the Orlando Sentinel Media Group, The Baltimore Sun Media Group, the Morning Call Media Group and the Daily Press Media Group. troncX consists of the Company's digital revenues and related digital expenses from more than 130 digital platforms online and mobile applications.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Newspaper Publishing
  • Sub-Industry: N/A
  • Symbol: NASDAQ:TRNC
  • CUSIP: N/A
  • Web: www.tronc.com
Capitalization:
  • Market Cap: $422.68 million
  • Outstanding Shares: 32,893,000
Average Prices:
  • 50 Day Moving Avg: $12.88
  • 200 Day Moving Avg: $13.20
  • 52 Week Range: $8.76 - $17.93
P/E:
  • Trailing P/E Ratio: 35.99
  • Foreward P/E Ratio: -28.56
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.54 billion
  • Price / Sales: 0.27
  • Book Value: $1.97 per share
  • Price / Book: 6.52
Profitability:
  • EBIDTA: $125.61 million
  • Net Margins: 0.83%
  • Return on Equity: 63.98%
  • Return on Assets: 6.08%
Debt:
  • Debt-to-Equity Ratio: 5.24%
  • Current Ratio: 1.57%
  • Quick Ratio: 1.54%
Misc:
  • Average Volume: 104,509 shs.
  • Beta: 1.77
  • Short Ratio: 5.27
 

Frequently Asked Questions for tronc (NASDAQ:TRNC)

What is tronc's stock symbol?

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

How were tronc's earnings last quarter?

tronc, Inc. (NASDAQ:TRNC) announced its earnings results on Wednesday, August, 2nd. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.35. The firm earned $369.79 million during the quarter, compared to the consensus estimate of $375.05 million. tronc had a return on equity of 63.98% and a net margin of 0.83%. View tronc's Earnings History.

When will tronc make its next earnings announcement?

tronc is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for tronc.

Where is tronc's stock going? Where will tronc's stock price be in 2017?

1 brokerages have issued 12-month price targets for tronc's shares. Their predictions range from $21.00 to $21.00. On average, they anticipate tronc's share price to reach $21.00 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:

  • Justin C. Dearborn CPA, Chief Executive Officer, Director
  • Terry Jimenez, Chief Financial Officer, Executive Vice President
  • Timothy P. Knight, President, troncX
  • Timothy E. Ryan, President, troncM
  • Julie K. Xanders, Executive Vice President, General Counsel, Secretary
  • Michael W. Ferro Jr., Non-Executive Chairman of the Board
  • Eddy W. Hartenstein, Director
  • Carol Crenshaw, Independent Director
  • David Dreier, Independent Director
  • Philip G. Franklin, Independent Director

Who owns tronc stock?

tronc's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.22%), Acadian Asset Management LLC (1.46%), State Street Corp (1.37%), GSA Capital Partners LLP (0.99%), Dimensional Fund Advisors LP (0.87%) and Northern Trust Corp (0.70%). Company insiders that own tronc stock include Merrick Venture Management, Ll, Michael W Ferro Jr, Patrick Soon-Shiong, Tony Hunter and Tribune LP Oaktree. View Institutional Ownership Trends for tronc.

Who sold tronc stock? Who is selling tronc stock?

tronc's stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, First Trust Advisors LP, California Public Employees Retirement System, California State Teachers Retirement System, Arrowstreet Capital Limited Partnership, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC and Teachers Advisors LLC. View Insider Buying and Selling for tronc.

Who bought tronc stock? Who is buying tronc stock?

tronc's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, GSA Capital Partners LLP, Goldman Sachs Group Inc., Spark Investment Management LLC, Marshall Wace North America L.P., Cornerstone Capital Management Holdings LLC., Vanguard Group Inc. and OxFORD Asset Management LLP. Company insiders that have bought tronc stock in the last two years include Merrick Venture Management, Ll, Michael W Ferro Jr, Patrick Soon-Shiong and Tony Hunter. View Insider Buying and Selling for tronc.

How do I buy tronc stock?

Shares of tronc can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is tronc's stock price today?

One share of tronc stock can currently be purchased for approximately $12.85.


MarketBeat Community Rating for tronc (NASDAQ TRNC)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  66 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about tronc and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for tronc (NASDAQ:TRNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.00 (63.42% upside)

Analysts' Ratings History for tronc (NASDAQ:TRNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Noble FinancialReiterated RatingBuyMediumView Rating Details
3/4/2016MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
9/21/2015BWS FinancialLower Price TargetBuy$27.00 -> $22.00N/AView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for tronc (NASDAQ:TRNC)
Earnings by Quarter for tronc (NASDAQ:TRNC)
Earnings History by Quarter for tronc (NASDAQ TRNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017($0.12)N/AView Earnings Details
8/2/2017Q2 2017$0.01$0.36$375.05 million$369.79 millionViewListenView Earnings Details
2/22/2017Q4 2016$0.31$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
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for tronc (NASDAQ:TRNC)
Current Year EPS Consensus Estimate: $0.81 EPS
Next Year EPS Consensus Estimate: $-0.45 EPS

Dividends

Dividend History by Quarter for tronc (NASDAQ TRNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/15/2015quarterly$0.187.47%1/7/20161/11/20162/11/2016
9/4/2015quarterly$0.186.37%9/29/201510/1/201510/29/2015
6/24/2015quarterly$0.184.26%7/13/20157/15/20158/14/2015
3/18/2015quarterly$0.183.74%4/13/20154/15/20155/15/2015
11/5/2014quarterly$0.1811/17/201411/19/201412/10/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for tronc (NASDAQ:TRNC)
Insider Ownership Percentage: 41.20%
Institutional Ownership Percentage: 37.50%
Insider Trades by Quarter for tronc (NASDAQ:TRNC)
Institutional Ownership by Quarter for tronc (NASDAQ:TRNC)
Insider Trades by Quarter for tronc (NASDAQ:TRNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal 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$43,866,500.00View 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$196,645.67View SEC Filing  
12/23/2016Merrick Venture Management, LlMajor ShareholderBuy2,500,000$15.00$37,500,000.00View SEC Filing  
12/19/2016Merrick Venture Management, LlMajor ShareholderBuy8,494$13.48$114,499.12View SEC Filing  
12/15/2016Michael W Ferro JrDirectorBuy16,700$13.08$218,436.00View SEC Filing  
12/8/2016Patrick Soon-ShiongDirectorBuy200$13.49$2,698.00View SEC Filing  
12/7/2016Michael W Ferro JrDirectorBuy8,500$13.42$114,070.00View SEC Filing  
12/5/2016Patrick Soon-ShiongDirectorBuy33,905$13.00$440,765.00View SEC Filing  
12/1/2016Patrick Soon-ShiongDirectorBuy65,022$12.85$835,532.70View SEC Filing  
11/30/2016Merrick Venture Management, LlMajor ShareholderBuy26,175$12.95$338,966.25View SEC Filing  
11/28/2016Michael W Ferro JrDirectorBuy42,126$12.93$544,689.18View SEC Filing  
11/23/2016Patrick Soon-ShiongDirectorBuy84,675$12.92$1,094,001.00View SEC Filing  
11/22/2016Michael W Ferro JrDirectorBuy74,775$12.71$950,390.25View SEC Filing  
11/18/2016Patrick Soon-ShiongDirectorBuy64,585$12.79$826,042.15View 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$3,037,868.04View 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$298,442.48View SEC Filing  
6/13/2016Patrick Soon-ShiongDirectorBuy3,400$12.93$43,962.00View SEC Filing  
8/21/2015Tony HunterCEOBuy5,000$11.70$58,500.00View 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

Headline Trends for tronc (NASDAQ:TRNC)
Latest Headlines for tronc (NASDAQ:TRNC)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to tronc, Inc. : August 18, 2017
finance.yahoo.com - August 19 at 8:26 AM
finance.yahoo.com logotronc and IBD Partner to Bring Expert Financial Advice to Investors in New Monthly Newsletter
finance.yahoo.com - August 18 at 8:02 AM
americanbankingnews.com logoLee Enterprises, (LEE) & tronc (NASDAQ:TRNC) Critical Review
www.americanbankingnews.com - August 10 at 5:16 PM
americanbankingnews.com logotronc, Inc. (NASDAQ:TRNC) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - August 9 at 9:10 AM
americanbankingnews.com logoHead to Head Analysis: tronc (TRNC) & A.H. Belo Corporation (AHC)
www.americanbankingnews.com - August 9 at 7:46 AM
americanbankingnews.com logo Brokerages Set $24.00 Target Price for tronc, Inc. (TRNC)
www.americanbankingnews.com - August 8 at 12:28 PM
finance.yahoo.com logotronc, Inc. :TRNC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 8 at 7:42 AM
finance.yahoo.com logotronc, Inc. breached its 50 day moving average in a Bearish Manner : TRNC-US : August 3, 2017
finance.yahoo.com - August 5 at 7:53 AM
americanbankingnews.com logotronc, Inc. (NASDAQ:TRNC) Releases Earnings Results, Beats Estimates By $0.35 EPS
www.americanbankingnews.com - August 4 at 3:33 PM
globenewswire.com logoTronc, Inc. Reports Second Quarter 2017 Results - GlobeNewswire (press release)
globenewswire.com - August 4 at 9:14 AM
americanbankingnews.com logotronc's (NASDAQ:TRNC) "Buy" Rating Reaffirmed at Noble Financial
www.americanbankingnews.com - August 4 at 9:08 AM
seekingalpha.com logotronc's (TRNC) CEO Justin Dearborn on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 3 at 8:10 AM
finance.yahoo.com logoInvestor Network: tronc, Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 8:10 AM
finance.yahoo.com logoTronc, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 8:10 AM
finance.yahoo.com logoEdited Transcript of TRNC earnings conference call or presentation 2-Aug-17 9:00pm GMT
finance.yahoo.com - August 3 at 8:10 AM
thestreet.com logoNewspapers to LexisNexis: Time to Pay Up - TheStreet.com
www.thestreet.com - August 2 at 8:03 AM
americanbankingnews.com logoHead-To-Head Contrast: tronc (TRNC) & Lee Enterprises, (LEE)
www.americanbankingnews.com - July 31 at 9:23 AM
americanbankingnews.com logotronc, Inc. (NASDAQ:TRNC) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:26 AM
globenewswire.com logotronc, Inc. to Report Second Quarter 2017 Results on August 2, 2017 - GlobeNewswire (press release)
globenewswire.com - July 19 at 8:33 AM
finance.yahoo.com logotronc, Inc. to Report Second Quarter 2017 Results on August 2, 2017
finance.yahoo.com - July 19 at 8:33 AM
thestreet.com logoWhat's Next for Tronc After Failure to Acquire Chicago Sun-Times - TheStreet.com
www.thestreet.com - July 14 at 9:17 PM
nasdaq.com logoNew Chicago Sun-Times owners seek larger digital presence - Nasdaq
www.nasdaq.com - July 14 at 9:22 AM
marketbeat.com logoThe Latest: Chicago Sun-Times owner vows independent press
marketbeat.com - July 13 at 4:18 PM
marketbeat.com logoGroup led by ex-alderman, unions acquires Chicago Sun-Times
marketbeat.com - July 13 at 12:41 PM
nasdaq.com logoChicago Sun-Times sold to group of investors led by former alderman - Nasdaq
www.nasdaq.com - July 13 at 10:45 AM
marketwatch.com logoUnion group poised to buy Chicago Sun-Times
www.marketwatch.com - July 13 at 10:45 AM
marketbeat.com logoGroup led by ex-alderman set to acquire Chicago Sun-Times
marketbeat.com - July 12 at 6:40 PM
finance.yahoo.com logoGoFundMe and San Diego Union-Tribune Launch Digital Media Partnership to Enable Readers to Start Fundraisers for People in Need
finance.yahoo.com - July 12 at 8:23 AM
finance.yahoo.com logoWithout Tronc Offer, Chicago Sun-Times Could Close
finance.yahoo.com - July 10 at 7:28 AM
americanbankingnews.com logotronc, Inc. (NASDAQ:TRNC) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 6 at 7:14 PM
americanbankingnews.com logotronc, Inc. (NASDAQ:TRNC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 5 at 1:58 PM
finance.yahoo.com logoThe Sun-Times, Tronc and the Eisendrath Group: What's the Number?
finance.yahoo.com - June 23 at 12:18 AM
americanbankingnews.com logoAnalyzing tronc (TRNC) and New York Times Company (The) (NYT)
www.americanbankingnews.com - June 21 at 7:34 AM
finance.yahoo.com logoLatest prospective Chicago Sun-Times buyer has union backing and progressive plans
finance.yahoo.com - June 20 at 8:43 AM
americanbankingnews.com logoComparing New York Times Company (The) (NYT) & tronc (TRNC)
www.americanbankingnews.com - June 19 at 12:48 PM
247wallst.com logoTronc Prepares Layoffs at Flagship Los Angeles Times
247wallst.com - June 19 at 8:54 AM
finance.yahoo.com logotronc, Inc. breached its 50 day moving average in a Bullish Manner : TRNC-US : June 19, 2017
finance.yahoo.com - June 19 at 8:54 AM
finance.yahoo.com logoWill Tronc Get Squeezed Out of a Sun-Times Acquisition?
finance.yahoo.com - June 17 at 6:47 AM
americanbankingnews.com logoZacks: tronc, Inc. (TRNC) Given Average Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - June 15 at 4:20 PM
americanbankingnews.com logotronc Inc (TRNC) Sees Large Increase in Short Interest
www.americanbankingnews.com - June 10 at 2:22 PM
americanbankingnews.com logotronc Inc (TRNC) Lowered to Hold at ValuEngine
www.americanbankingnews.com - June 9 at 3:22 PM
americanbankingnews.com logoHead-To-Head Comparison: New York Times (NYT) versus tronc (TRNC)
www.americanbankingnews.com - June 8 at 7:54 AM
finance.yahoo.com logoTronc's Rivals for Chicago Sun-Times to be Given More Time for Bids
finance.yahoo.com - June 5 at 10:48 PM
finance.yahoo.com logoIs tronc, Inc. (TRNC) a Great Stock for Value Investors?
finance.yahoo.com - June 5 at 12:45 PM
americanbankingnews.com logotronc Inc (TRNC) Downgraded by TheStreet
www.americanbankingnews.com - June 1 at 2:22 PM
finance.yahoo.com logoChicago Sun-Times may have other interested buyers
finance.yahoo.com - May 31 at 11:13 PM
finance.yahoo.com logoTronc Hasn't Won Sun-Times Yet, with Deadline for Rival Bids Extended to Monday
finance.yahoo.com - May 31 at 11:13 PM
finance.yahoo.com logoIf Chicago Tribune and L.A. Times publisher Tronc buys Sun-Times parent, it’s only Step 1
finance.yahoo.com - May 31 at 11:55 AM
finance.yahoo.com logoExtra! Extra! Tronc Looks to Buy Sun-Times Media Group -- Maybe
finance.yahoo.com - May 31 at 11:55 AM
americanbankingnews.com logoBrokerages Expect tronc Inc (TRNC) to Announce $0.01 Earnings Per Share
www.americanbankingnews.com - May 29 at 10:30 PM

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Chart

tronc (TRNC) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff