Meredith Corp. Company Profile (NYSE:MDP)

About Meredith Corp.

Meredith Corporation is a media and marketing company. The Company operates two business segments namely local media and national media. Its national media segment includes national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media, brand licensing activities, database-related activities and business-to-business marketing products and services. The local media segment consists of the operations of network-affiliated television stations, related digital and mobile media, and video creation operations. Local media segment consists of 14 owned television stations and one operated television station located across the United States in digital and mobile media, and a national video creation unit.

Industry, Sector and Symbol:

Sector: Consumer Staples
Industry: Publishing - Periodicals
Sub-Industry: Publishing
Exchange: NYSE
Symbol: MDP
CUSIP: 58943310

Key Metrics:

Previous Close: $50.98
50 Day Moving Average: $52.77
200 Day Moving Average: $50.80
52-Week Range: $35.03 - $57.53
Trailing P/E Ratio: 67.97
Foreward P/E Ratio: 15.04
P/E Growth: 2.75
Market Cap: $2.27B
Outstanding Shares: 44,569,000
Beta: 1.07

Profitability:

Net Margins: 2.06%
Return on Equity: 15.66%
Return on Assets: 5.33%

Debt:

Debt-to-Equity Ratio: 0.70%
Current Ratio: 1.01%
Quick Ratio: 0.96%

Additional Links:

Companies Related to Meredith Corp.:

Consensus Ratings for Meredith Corp. (NYSE:MDP) (?)

Ratings Breakdown:	4 Hold Ratings, 1 Buy Rating
Consensus Rating:	Hold (Score: 2.20)
Consensus Price Target:	$53.25 (4.45% upside)

Analysts' Ratings History for Meredith Corp. (NYSE:MDP)

Show:

Date	Firm	Action	Rating	Price Target
7/29/2016	Benchmark Co.	Boost Price Target	Buy	$57.00 -> $62.00
1/29/2016	Stephens	Lower Price Target	Equal Weight	$50.00 -> $44.00
12/16/2015	Gabelli	Upgrade	Sell -> Hold	$50.00
12/3/2015	Citigroup Inc.	Reiterated Rating	Neutral	$52.00 -> $57.00
10/4/2015	Wells Fargo & Co.	Reiterated Rating	Hold
9/9/2015	Jefferies Group	Lower Price Target	Hold	$55.00 -> $52.00
6/23/2015	Sanford C. Bernstein	Lower Price Target	Buy	$60.00 -> $58.00
1/29/2015	FBR & Co	Boost Price Target	Market Perform	$47.00 -> $49.00
12/18/2014	Sidoti	Initiated Coverage	Neutral

(Data available from 9/24/2014 forward)

Earnings History for Meredith Corp. (NYSE:MDP)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/27/2016
7/28/2016	Q416	$1.03	$1.08	$437.78 million	$435.78 million	View	Listen
4/28/2016	Q316	$0.80	$0.92	$414.66 million	$422.77 million	View	Listen
1/27/2016	Q216	$0.78	$0.80	$407.29 million	$406.40 million	View	Listen
10/29/2015	Q116	$0.51	$0.52	$383.40 million	$385.00 million	View	Listen
7/30/2015	Q415	$0.93	$0.94	$425.52 million	$425.90 million	View	Listen
4/23/2015	Q315	$0.68	$0.71	$401.65 million	$389.20 million	View	N/A
1/28/2015	Q215	$0.98	$1.00	$393.70 million	$398.90 million	View	N/A
10/23/2014	Q115	$0.64	$0.65	$370.70 million	$371.20 million	View	Listen
7/31/2014	Q414	$0.85	$0.89	$396.70 million	$390.80 million	View	Listen
4/24/2014	Q314	$0.67	$0.41	$370.33 million	$367.00 million	View	N/A
1/29/2014	Q214	$0.68	$0.69	$354.10 million	$354.05 million	View	N/A
10/24/2013	Q114	$0.52	$0.53	$359.70 million	$356.00 million	View	Listen
7/25/2013	Q4 2013	$0.72	$0.76	$383.05 million	$386.97 million	View	Listen
4/25/2013	Q3 2013	$0.68	$0.72	$354.43 million	$369.62 million	View	Listen
1/24/2013	Q2 2013	$0.86	$0.89	$374.52 million	$360.60 million	View	Listen
10/25/2012		$0.53	$0.55			View	N/A
7/26/2012		$0.65	$0.67			View	N/A
4/25/2012		$0.66	$0.66			View	N/A
1/24/2012		$0.67	$0.70			View	N/A
10/26/2011		$0.46	$0.48			View	N/A
7/28/2011		$0.62	$0.67			View	N/A
4/27/2011		$0.65	$0.67			View	N/A
1/25/2011		$0.83	$0.88			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Meredith Corp. (NYSE:MDP)

Current Year EPS Consensus Estimate: $3.68 EPS
Next Year EPS Consensus Estimate: $3.39 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$0.79	$0.80	$0.80
Q3 2016	1	$0.65	$0.65	$0.65
Q4 2016	1	$1.04	$1.04	$1.04
Q1 2017	1	$0.71	$0.71	$0.71
Q2 2017	1	$1.15	$1.15	$1.15
Q3 2017	1	$0.80	$0.80	$0.80
Q4 2017	1	$1.01	$1.01	$1.01
Q1 2018	1	$0.61	$0.61	$0.61
Q2 2018	1	$0.86	$0.86	$0.86
Q3 2018	1	$0.82	$0.82	$0.82
Q4 2018	1	$1.02	$1.02	$1.02

(Data provided by Zacks Investment Research)

Current Dividend Information for Meredith Corp. (NYSE:MDP)

Annual Dividend:	$1.98
Dividend Yield:	3.88%
Dividend Growth:	6.10% (3 Year Average)
Payout Ratio:	275.00% (Based on Trailing 12 Months of Earnings) 53.80% (Based on Current Year Consensus EPS Estimate) 58.41% (Based on Next Year Consensus EPS Estimate)
Track Record:	3 Years of Consecutive Dividend Growth

Dividend History for Meredith Corp. (NYSE:MDP)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/10/2016	quarterly	$0.50	3.7%	8/29/2016	8/31/2016	9/15/2016
5/11/2016	quarterly	$0.50	3.93%	5/26/2016	5/31/2016	6/15/2016
2/2/2016	quarterly	$0.50	4.49%	2/25/2016	2/29/2016	3/15/2016
11/12/2015	quarterly	$0.46	4.06%	11/25/2015	11/30/2015	12/15/2015
8/12/2015	quarterly	$0.46	4.09%	8/27/2015	8/31/2015	9/15/2015
5/13/2015	quarterly	$0.46	3.51%	5/27/2015	5/29/2015	6/15/2015
2/2/2015	quarterly	$0.46		2/25/2015	2/27/2015	3/13/2015
11/12/2014	quarterly	$0.43	3.41%	11/25/2014	11/28/2014	12/15/2014
8/15/2014	quarterly	$0.43	3.75%	8/27/2014	8/29/2014	9/15/2014
5/8/2014	quarterly	$0.43	3.84%	5/28/2014	5/30/2014	6/13/2014
2/3/2014		$0.43		2/26/2014	2/28/2014	3/14/2014
10/25/2013	quarterly	$0.41	3.15%	11/26/2013	11/29/2013	12/13/2013
8/16/2013	quarterly	$0.41	3.64%	8/28/2013	8/30/2013	9/15/2013
8/15/2013	quarterly	$0.41			8/30/2013	9/13/2013
5/10/2013	quarterly	$0.41	3.84%	5/29/2013	5/31/2013	6/14/2013
2/4/2013	quarterly	$0.41	4.49%	2/26/2013	2/28/2013	3/15/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Meredith Corp. (NYSE:MDP)

Insider Ownership Percentage: 11.24%
Institutional Ownership Percentage: 82.34%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/18/2016	John S Zieser	Insider	Sell	1,206	$55.00	$66,330.00
8/17/2016	Joseph H Ceryanec	CFO	Sell	4,554	$54.13	$246,508.02
8/16/2016	Stephen M Lacy	Chairman	Sell	14,110	$54.10	$763,351.00
8/1/2016	Joseph H. Ceryanec	CFO	Sell	9,145	$54.03	$494,104.35
8/1/2016	Stephen M. Lacy	Chairman	Sell	46,283	$54.15	$2,506,224.45
6/10/2016	Edwin T Iv Meredith	Major Shareholder	Buy	15,628	$51.24	$800,778.72
5/2/2016	Frederick B Henry	Director	Sell	1,186	$51.10	$60,604.60
5/2/2016	John S. Zieser	Insider	Sell	8,783	$51.21	$449,777.43
3/7/2016	John S. Zieser	Insider	Sell	5,665	$45.00	$254,925.00
2/10/2016	Donald C. Berg	Director	Buy	1,115	$38.50	$42,927.50
7/1/2015	Philip A Marineau	Director	Sell	6,315	$52.60	$332,169.00
4/27/2015	Frederick B Henry	Director	Sell	5,400	$53.23	$287,442.00
3/19/2015	Mary Sue Coleman	Director	Sell	6,000	$55.75	$334,500.00
3/6/2015	Katherine C Meredith	Major Shareholder	Sell	50,000	$52.70	$2,635,000.00
2/27/2015	Steven M Cappaert	Insider	Sell	3,122	$53.65	$167,495.30
2/3/2015	Joseph H Ceryanec	CFO	Sell	1,846	$53.83	$99,370.18
2/2/2015	Frederick B Henry	Director	Sell	3,615	$52.46	$189,642.90
12/3/2014	Frederick B Henry	Director	Sell	1,463	$53.08	$77,656.04
11/26/2014	Stephen M Lacy	CEO	Sell	9,235	$52.91	$488,623.85
11/3/2014	Mary Sue Coleman	Director	Sell	7,230	$52.06	$376,393.80
10/30/2014	Steven M Cappaert	Insider	Sell	3,600	$51.60	$185,760.00
10/29/2014	Thomas H Harty	Insider	Sell	12,123	$51.55	$624,940.65
10/23/2014	Philip A Marineau	Director	Sell	3,486	$44.99	$156,835.14
10/1/2014	Philip A Marineau	Director	Sell	2,328	$42.53	$99,009.84
9/2/2014	Philip A Marineau	Director	Sell	3,492	$46.22	$161,400.24
8/22/2014	Joseph H Ceryanec	CFO	Sell	8,215	$47.02	$386,269.30
8/22/2014	Steven M Cappaert	Insider	Sell	4,521	$46.95	$212,260.95
8/20/2014	John S Zieser	Insider	Sell	8,898	$46.35	$412,422.30
8/5/2014	Edwin T Iv Meredith	Major Shareholder	Sell	200,000	$45.08	$9,016,000.00
8/4/2014	Frederick B Henry	Director	Sell	9,615	$45.97	$442,001.55
8/4/2014	John S Zieser	Insider	Sell	1,837	$46.07	$84,630.59
8/1/2014	Philip A Marineau	Director	Sell	3,492	$45.98	$160,562.16
7/1/2014	Philip A Marineau	Director	Sell	6,984	$49.53	$345,917.52
6/2/2014	Philip A Marineau	Director	Sell	3,492	$44.96	$157,000.32
5/23/2014	Paul Karpowicz	Insider	Sell	30,070	$45.46	$1,366,982.20
5/21/2014	Paul Karpowicz	Insider	Sell	17,149	$45.28	$776,506.72
5/19/2014	Donald Berg	Director	Buy	1,000	$44.38	$44,380.00
5/1/2014	Philip Marineau	Director	Sell	2,328	$43.48	$101,221.44
2/3/2014	Frederick Henry	Director	Sell	1,719	$45.41	$78,059.79
2/3/2014	John Zieser	Insider	Sell	9,747	$45.42	$442,708.74
2/3/2014	Joseph Ceryanec	CFO	Sell	3,500	$45.42	$158,970.00
8/20/2013	James Craigie	Director	Sell	8,209	$45.07	$369,979.63
8/15/2013	Frederick Henry	Director	Sell	9,615	$44.95	$432,194.25
8/14/2013	Stephen Lacy	CEO	Sell	28,948	$47.98	$1,388,925.04
8/12/2013	John Zieser	Insider	Sell	4,872	$47.59	$231,858.48
8/12/2013	Joseph Ceryanec	CFO	Sell	4,339	$47.49	$206,059.11
8/12/2013	Stephen Lacy	CEO	Sell	28,948	$48.06	$1,391,240.88
7/29/2013	Stephen M Lacy	CEO	Sell	138,345	$47.36	$6,552,019.20
7/29/2013	Steven M Cappaert	Insider	Sell	8,862	$47.32	$419,349.84
5/20/2013	Thomas H Harty	Insider	Sell	17,216	$42.67	$734,606.72
5/14/2013	Stephen M Lacy	CEO	Sell	50,183	$42.24	$2,119,729.92

(Data available from 1/1/2013 forward)

Latest Headlines for Meredith Corp. (NYSE:MDP)

Date	Headline
	Meredith: A Safe High Yield And 23 Straight Years Of Dividend Growth (NYSE:MDP) seekingalpha.com - September 24 at 5:36 PM
	Meredith Corporation (NYSE:MDP)’s Accounts Payable Is $82.107 (NYSE:MDP) www.realistinvestor.com - September 23 at 10:47 AM
	Meredith (MDP) Passes Through 4% Yield Mark (NYSE:MDP) www.nasdaq.com - September 21 at 5:47 PM
	Meredith And Merial Partner To Bring First-ever "webisoap" To Pet Lovers (NYSE:MDP) www.publicnow.com - September 19 at 6:06 PM
	ETF’s with exposure to Meredith Corp. : September 19, 2016 (NYSE:MDP) www.capitalcube.com - September 19 at 10:36 AM
	Meredith Unveils "Partnerships That Will Change the World" Initiative At Company's First-Ever BrandFront Presentation (NYSE:MDP) www.publicnow.com - September 14 at 6:12 PM
	Meredith Unveils New Video Series At Inaugural BrandFront Presentation (NYSE:MDP) www.publicnow.com - September 14 at 6:12 PM
	Meredith Corporation (NYSE:MDP) Announces A Dividend Alert (NYSE:MDP) www.stocksdaily.net - September 13 at 10:54 AM
	Meredith And Bellisio Foods Introduce EatingWell™ Frozen Entrées (NYSE:MDP) www.publicnow.com - September 12 at 10:47 AM
	Next Weeks Broker Price Targets For Meredith Corporation (NYSE:MDP) (NYSE:MDP) www.nationaldailypress.com - September 11 at 5:37 PM
	MEREDITH CORP Financials (NYSE:MDP) finance.yahoo.com - September 1 at 9:12 AM
	Meredith Premieres First-Ever Television Series Inspired By An App: Dinner Spinner Presented By Allrecipes Brings To Life The World's No. 1 Digital Food Brand (NYSE:MDP) www.publicnow.com - August 31 at 10:59 AM
	Meredith Corp. breached its 50 day moving average in a Bullish Manner : MDP-US : August 29, 2016 (NYSE:MDP) www.capitalcube.com - August 29 at 6:00 PM
	MEREDITH CORP Files SEC form 10-K, Annual Report (NYSE:MDP) biz.yahoo.com - August 26 at 5:53 PM
	ETF’s with exposure to Meredith Corp. : August 24, 2016 (NYSE:MDP) www.capitalcube.com - August 24 at 5:56 PM
	ETF’s with exposure to Meredith Corp. : August 24, 2016 (NYSE:MDP) www.capitalcube.com - August 24 at 5:56 PM
	Meredith Corp. :MDP-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NYSE:MDP) www.capitalcube.com - August 22 at 10:43 AM
	Meredith Names Steve Crowe Vice President of Consumer Marketing (NYSE:MDP) www.publicnow.com - August 19 at 6:04 PM
	Chief Financial Officer of Meredith Corporation (NYSE:MDP), Ceryanec Joseph H, sells 4,554 shares worth $246,526 (NYSE:MDP) empowerednews.net - August 19 at 9:07 AM
	Voting Period For 2016 Presidential Cookie Poll Now Open (NYSE:MDP) finance.yahoo.com - August 18 at 6:11 PM
	[$$] Time, Inc: unstable foundation (NYSE:MDP) www.ft.com - August 18 at 6:11 PM
	Michelle Obama Covers Rachael Ray Every Day Magazine (NYSE:MDP) itneedstobeced.com - August 17 at 9:13 AM
	Dividend Alert For Meredith Corporation (NYSE:MDP) (NYSE:MDP) www.stocksdaily.net - August 15 at 6:20 PM
	Rachael Ray Every Day Magazine Features First Lady Michelle Obama In September 2016 Issue (NYSE:MDP) finance.yahoo.com - August 15 at 6:20 PM
	MEREDITH CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:MDP) biz.yahoo.com - August 12 at 6:13 PM
	Meredith National Media Group Announces Senior Leadership Promotions (NYSE:MDP) www.publicnow.com - August 12 at 9:23 AM
	Press Release: Meredith Board Of Directors Elects Tom Harty President And COO (NYSE:MDP) www.pubexec.com - August 11 at 6:30 PM
	Meredith Corp. (MDP) Appoints New COO (NYSE:MDP) www.streetinsider.com - August 11 at 6:30 PM
	ETF’s with exposure to Meredith Corp. : August 11, 2016 (NYSE:MDP) www.capitalcube.com - August 11 at 6:30 PM
	Meredith Board Of Directors Elects Tom Harty President And COO (NYSE:MDP) finance.yahoo.com - August 11 at 9:19 AM
	Meredith Corporation Board Of Directors Declares Quarterly Dividend (NYSE:MDP) www.publicnow.com - August 10 at 6:33 PM
	Meredith Corp. breached its 50 day moving average in a Bearish Manner : MDP-US : August 10, 2016 (NYSE:MDP) www.capitalcube.com - August 10 at 9:06 AM
	Family Circle Magazine Unveils Redesign With September 2016 Issue (NYSE:MDP) finance.yahoo.com - August 9 at 6:21 PM
	Meredith Corp. :MDP-US: Earnings Analysis: Q4, 2016 By the Numbers : August 4, 2016 (NYSE:MDP) www.capitalcube.com - August 4 at 6:27 PM
	Meredith Named Top Dividend Stock With Insider Buying and 3.72% Yield (MDP) (NYSE:MDP) www.forbes.com - August 4 at 4:20 PM
	Meredith Corporation (MDP) is Trading Lower on Unusual Volume for August 01 (NYSE:MDP) www.equities.com - August 3 at 6:27 PM
	Chief Financial Officer of Meredith Corporation (NYSE:MDP), Ceryanec Joseph H, sells 9,145 shares worth $494,076 (NYSE:MDP) empowerednews.net - August 2 at 6:27 PM
	Meredith Corporation (NYSE:MDP) target price increased to $62 as issued in a report today by Benchmark (NYSE:MDP) breakingfinancenews.com - July 31 at 10:15 AM
	Meredith Slips To Loss In Q4; Adj. EPS Tops View; Sees FY17 EPS Above Estimates (NYSE:MDP) www.rttnews.com - July 29 at 9:06 AM
	Meredith (MDP) Stephen Mark Lacy on Q4 2016 Results - Earnings Call Transcript (NYSE:MDP) seekingalpha.com - July 29 at 9:06 AM
	Meredith (MDP) Tops on Q4 Earnings, Provides 2017 Outlook (NYSE:MDP) www.zacks.com - July 29 at 9:06 AM
	Meredith Reports Fiscal 2016 Results And Provides Fiscal 2017 Outlook (NYSE:MDP) finance.yahoo.com - July 28 at 9:18 AM
	Meredith Corp. (MDP) Tops Q4 EPS by 5c; Guides Q1, FY17 (NYSE:MDP) www.streetinsider.com - July 28 at 9:18 AM
	Meredith Corp. reports 4Q loss (NYSE:MDP) sg.finance.yahoo.com - July 28 at 9:01 AM
	Publishing Stocks to Post Earnings on Jul 28: NYT, MDP, NEWM (NYSE:MDP) finance.yahoo.com - July 27 at 7:12 AM
	What's in the Cards for Meredith (MDP) in Q4 Earnings? (NYSE:MDP) finance.yahoo.com - July 25 at 6:08 PM
	AARP Magazine’s Circulation of 23 Million Makes It Largest in US (NYSE:MDP) 247wallst.com - July 25 at 10:39 AM
	AARP Magazine’s Circulation Of 23 Million Makes It Largest In U.S. (NYSE:MDP) 247wallst.com - July 24 at 10:00 AM
	AUSTIN: Joanna Gaines adds magazine to 'Fixer Upper' business empire (NYSE:MDP) www.bizjournals.com - July 22 at 9:05 AM
	Meredith Corporation & Can Producers Institute Join To Show Women The Advantages Of Canned Foods & How To Elevate Mealtime Success. South Carolina SC (NYSE:MDP) www.southcarolinasc.com - July 22 at 9:05 AM