Meredith Corp. Company Profile (NYSE:MDP)

About Meredith Corp.

Meredith Corp. logoMeredith 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.:

Analyst Ratings

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:
DateFirmActionRatingPrice TargetDetails
7/29/2016Benchmark Co.Boost Price TargetBuy$57.00 -> $62.00View Rating Details
1/29/2016StephensLower Price TargetEqual Weight$50.00 -> $44.00View Rating Details
12/16/2015GabelliUpgradeSell -> Hold$50.00View Rating Details
12/3/2015Citigroup Inc.Reiterated RatingNeutral$52.00 -> $57.00View Rating Details
10/4/2015Wells Fargo & Co.Reiterated RatingHoldView Rating Details
9/9/2015Jefferies GroupLower Price TargetHold$55.00 -> $52.00View Rating Details
6/23/2015Sanford C. BernsteinLower Price TargetBuy$60.00 -> $58.00View Rating Details
1/29/2015FBR & CoBoost Price TargetMarket Perform$47.00 -> $49.00View Rating Details
12/18/2014SidotiInitiated CoverageNeutralView Rating Details
(Data available from 9/24/2014 forward)

Earnings

Earnings History for Meredith Corp. (NYSE:MDP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q416$1.03$1.08$437.78 million$435.78 millionViewListenView Earnings Details
4/28/2016Q316$0.80$0.92$414.66 million$422.77 millionViewListenView Earnings Details
1/27/2016Q216$0.78$0.80$407.29 million$406.40 millionViewListenView Earnings Details
10/29/2015Q116$0.51$0.52$383.40 million$385.00 millionViewListenView Earnings Details
7/30/2015Q415$0.93$0.94$425.52 million$425.90 millionViewListenView Earnings Details
4/23/2015Q315$0.68$0.71$401.65 million$389.20 millionViewN/AView Earnings Details
1/28/2015Q215$0.98$1.00$393.70 million$398.90 millionViewN/AView Earnings Details
10/23/2014Q115$0.64$0.65$370.70 million$371.20 millionViewListenView Earnings Details
7/31/2014Q414$0.85$0.89$396.70 million$390.80 millionViewListenView Earnings Details
4/24/2014Q314$0.67$0.41$370.33 million$367.00 millionViewN/AView Earnings Details
1/29/2014Q214$0.68$0.69$354.10 million$354.05 millionViewN/AView Earnings Details
10/24/2013Q114$0.52$0.53$359.70 million$356.00 millionViewListenView Earnings Details
7/25/2013Q4 2013$0.72$0.76$383.05 million$386.97 millionViewListenView Earnings Details
4/25/2013Q3 2013$0.68$0.72$354.43 million$369.62 millionViewListenView Earnings Details
1/24/2013Q2 2013$0.86$0.89$374.52 million$360.60 millionViewListenView Earnings Details
10/25/2012$0.53$0.55ViewN/AView Earnings Details
7/26/2012$0.65$0.67ViewN/AView Earnings Details
4/25/2012$0.66$0.66ViewN/AView Earnings Details
1/24/2012$0.67$0.70ViewN/AView Earnings Details
10/26/2011$0.46$0.48ViewN/AView Earnings Details
7/28/2011$0.62$0.67ViewN/AView Earnings Details
4/27/2011$0.65$0.67ViewN/AView Earnings Details
1/25/2011$0.83$0.88ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Meredith Corp. (NYSE:MDP)
Current Year EPS Consensus Estimate: $3.68 EPS
Next Year EPS Consensus Estimate: $3.39 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.79$0.80$0.80
Q3 20161$0.65$0.65$0.65
Q4 20161$1.04$1.04$1.04
Q1 20171$0.71$0.71$0.71
Q2 20171$1.15$1.15$1.15
Q3 20171$0.80$0.80$0.80
Q4 20171$1.01$1.01$1.01
Q1 20181$0.61$0.61$0.61
Q2 20181$0.86$0.86$0.86
Q3 20181$0.82$0.82$0.82
Q4 20181$1.02$1.02$1.02
(Data provided by Zacks Investment Research)

Dividends

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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2016quarterly$0.503.7%8/29/20168/31/20169/15/2016
5/11/2016quarterly$0.503.93%5/26/20165/31/20166/15/2016
2/2/2016quarterly$0.504.49%2/25/20162/29/20163/15/2016
11/12/2015quarterly$0.464.06%11/25/201511/30/201512/15/2015
8/12/2015quarterly$0.464.09%8/27/20158/31/20159/15/2015
5/13/2015quarterly$0.463.51%5/27/20155/29/20156/15/2015
2/2/2015quarterly$0.462/25/20152/27/20153/13/2015
11/12/2014quarterly$0.433.41%11/25/201411/28/201412/15/2014
8/15/2014quarterly$0.433.75%8/27/20148/29/20149/15/2014
5/8/2014quarterly$0.433.84%5/28/20145/30/20146/13/2014
2/3/2014$0.432/26/20142/28/20143/14/2014
10/25/2013quarterly$0.413.15%11/26/201311/29/201312/13/2013
8/16/2013quarterly$0.413.64%8/28/20138/30/20139/15/2013
8/15/2013quarterly$0.418/30/20139/13/2013
5/10/2013quarterly$0.413.84%5/29/20135/31/20136/14/2013
2/4/2013quarterly$0.414.49%2/26/20132/28/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Meredith Corp. (NYSE:MDP)
Insider Ownership Percentage: 11.24%
Institutional Ownership Percentage: 82.34%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/18/2016John S ZieserInsiderSell1,206$55.00$66,330.00View SEC Filing  
8/17/2016Joseph H CeryanecCFOSell4,554$54.13$246,508.02View SEC Filing  
8/16/2016Stephen M LacyChairmanSell14,110$54.10$763,351.00View SEC Filing  
8/1/2016Joseph H. CeryanecCFOSell9,145$54.03$494,104.35View SEC Filing  
8/1/2016Stephen M. LacyChairmanSell46,283$54.15$2,506,224.45View SEC Filing  
6/10/2016Edwin T Iv MeredithMajor ShareholderBuy15,628$51.24$800,778.72View SEC Filing  
5/2/2016Frederick B HenryDirectorSell1,186$51.10$60,604.60View SEC Filing  
5/2/2016John S. ZieserInsiderSell8,783$51.21$449,777.43View SEC Filing  
3/7/2016John S. ZieserInsiderSell5,665$45.00$254,925.00View SEC Filing  
2/10/2016Donald C. BergDirectorBuy1,115$38.50$42,927.50View SEC Filing  
7/1/2015Philip A MarineauDirectorSell6,315$52.60$332,169.00View SEC Filing  
4/27/2015Frederick B HenryDirectorSell5,400$53.23$287,442.00View SEC Filing  
3/19/2015Mary Sue ColemanDirectorSell6,000$55.75$334,500.00View SEC Filing  
3/6/2015Katherine C MeredithMajor ShareholderSell50,000$52.70$2,635,000.00View SEC Filing  
2/27/2015Steven M CappaertInsiderSell3,122$53.65$167,495.30View SEC Filing  
2/3/2015Joseph H CeryanecCFOSell1,846$53.83$99,370.18View SEC Filing  
2/2/2015Frederick B HenryDirectorSell3,615$52.46$189,642.90View SEC Filing  
12/3/2014Frederick B HenryDirectorSell1,463$53.08$77,656.04View SEC Filing  
11/26/2014Stephen M LacyCEOSell9,235$52.91$488,623.85View SEC Filing  
11/3/2014Mary Sue ColemanDirectorSell7,230$52.06$376,393.80View SEC Filing  
10/30/2014Steven M CappaertInsiderSell3,600$51.60$185,760.00View SEC Filing  
10/29/2014Thomas H HartyInsiderSell12,123$51.55$624,940.65View SEC Filing  
10/23/2014Philip A MarineauDirectorSell3,486$44.99$156,835.14View SEC Filing  
10/1/2014Philip A MarineauDirectorSell2,328$42.53$99,009.84View SEC Filing  
9/2/2014Philip A MarineauDirectorSell3,492$46.22$161,400.24View SEC Filing  
8/22/2014Joseph H CeryanecCFOSell8,215$47.02$386,269.30View SEC Filing  
8/22/2014Steven M CappaertInsiderSell4,521$46.95$212,260.95View SEC Filing  
8/20/2014John S ZieserInsiderSell8,898$46.35$412,422.30View SEC Filing  
8/5/2014Edwin T Iv MeredithMajor ShareholderSell200,000$45.08$9,016,000.00View SEC Filing  
8/4/2014Frederick B HenryDirectorSell9,615$45.97$442,001.55View SEC Filing  
8/4/2014John S ZieserInsiderSell1,837$46.07$84,630.59View SEC Filing  
8/1/2014Philip A MarineauDirectorSell3,492$45.98$160,562.16View SEC Filing  
7/1/2014Philip A MarineauDirectorSell6,984$49.53$345,917.52View SEC Filing  
6/2/2014Philip A MarineauDirectorSell3,492$44.96$157,000.32View SEC Filing  
5/23/2014Paul KarpowiczInsiderSell30,070$45.46$1,366,982.20View SEC Filing  
5/21/2014Paul KarpowiczInsiderSell17,149$45.28$776,506.72View SEC Filing  
5/19/2014Donald BergDirectorBuy1,000$44.38$44,380.00View SEC Filing  
5/1/2014Philip MarineauDirectorSell2,328$43.48$101,221.44View SEC Filing  
2/3/2014Frederick HenryDirectorSell1,719$45.41$78,059.79View SEC Filing  
2/3/2014John ZieserInsiderSell9,747$45.42$442,708.74View SEC Filing  
2/3/2014Joseph CeryanecCFOSell3,500$45.42$158,970.00View SEC Filing  
8/20/2013James CraigieDirectorSell8,209$45.07$369,979.63View SEC Filing  
8/15/2013Frederick HenryDirectorSell9,615$44.95$432,194.25View SEC Filing  
8/14/2013Stephen LacyCEOSell28,948$47.98$1,388,925.04View SEC Filing  
8/12/2013John ZieserInsiderSell4,872$47.59$231,858.48View SEC Filing  
8/12/2013Joseph CeryanecCFOSell4,339$47.49$206,059.11View SEC Filing  
8/12/2013Stephen LacyCEOSell28,948$48.06$1,391,240.88View SEC Filing  
7/29/2013Stephen M LacyCEOSell138,345$47.36$6,552,019.20View SEC Filing  
7/29/2013Steven M CappaertInsiderSell8,862$47.32$419,349.84View SEC Filing  
5/20/2013Thomas H HartyInsiderSell17,216$42.67$734,606.72View SEC Filing  
5/14/2013Stephen M LacyCEOSell50,183$42.24$2,119,729.92View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Meredith Corp. (NYSE:MDP)
DateHeadline
seekingalpha.com logoMeredith: A Safe High Yield And 23 Straight Years Of Dividend Growth (NYSE:MDP)
seekingalpha.com - September 24 at 5:36 PM
realistinvestor.com logoMeredith Corporation (NYSE:MDP)’s Accounts Payable Is $82.107 (NYSE:MDP)
www.realistinvestor.com - September 23 at 10:47 AM
nasdaq.com logoMeredith (MDP) Passes Through 4% Yield Mark (NYSE:MDP)
www.nasdaq.com - September 21 at 5:47 PM
publicnow.com logoMeredith And Merial Partner To Bring First-ever "webisoap" To Pet Lovers (NYSE:MDP)
www.publicnow.com - September 19 at 6:06 PM
capitalcube.com logoETF’s with exposure to Meredith Corp. : September 19, 2016 (NYSE:MDP)
www.capitalcube.com - September 19 at 10:36 AM
publicnow.com logoMeredith 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
publicnow.com logoMeredith Unveils New Video Series At Inaugural BrandFront Presentation (NYSE:MDP)
www.publicnow.com - September 14 at 6:12 PM
stocksdaily.net logoMeredith Corporation (NYSE:MDP) Announces A Dividend Alert (NYSE:MDP)
www.stocksdaily.net - September 13 at 10:54 AM
publicnow.com logoMeredith And Bellisio Foods Introduce EatingWell™ Frozen Entrées (NYSE:MDP)
www.publicnow.com - September 12 at 10:47 AM
News IconNext Weeks Broker Price Targets For Meredith Corporation (NYSE:MDP) (NYSE:MDP)
www.nationaldailypress.com - September 11 at 5:37 PM
finance.yahoo.com logoMEREDITH CORP Financials (NYSE:MDP)
finance.yahoo.com - September 1 at 9:12 AM
publicnow.com logoMeredith 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
capitalcube.com logoMeredith 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
biz.yahoo.com logoMEREDITH CORP Files SEC form 10-K, Annual Report (NYSE:MDP)
biz.yahoo.com - August 26 at 5:53 PM
capitalcube.com logoETF’s with exposure to Meredith Corp. : August 24, 2016 (NYSE:MDP)
www.capitalcube.com - August 24 at 5:56 PM
capitalcube.com logoETF’s with exposure to Meredith Corp. : August 24, 2016 (NYSE:MDP)
www.capitalcube.com - August 24 at 5:56 PM
capitalcube.com logoMeredith Corp. :MDP-US: Earnings Analysis: 2016 By the Numbers : August 22, 2016 (NYSE:MDP)
www.capitalcube.com - August 22 at 10:43 AM
publicnow.com logoMeredith Names Steve Crowe Vice President of Consumer Marketing (NYSE:MDP)
www.publicnow.com - August 19 at 6:04 PM
News IconChief 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
finance.yahoo.com logoVoting Period For 2016 Presidential Cookie Poll Now Open (NYSE:MDP)
finance.yahoo.com - August 18 at 6:11 PM
ft.com logo[$$] Time, Inc: unstable foundation (NYSE:MDP)
www.ft.com - August 18 at 6:11 PM
News IconMichelle Obama Covers Rachael Ray Every Day Magazine (NYSE:MDP)
itneedstobeced.com - August 17 at 9:13 AM
stocksdaily.net logoDividend Alert For Meredith Corporation (NYSE:MDP) (NYSE:MDP)
www.stocksdaily.net - August 15 at 6:20 PM
finance.yahoo.com logoRachael Ray Every Day Magazine Features First Lady Michelle Obama In September 2016 Issue (NYSE:MDP)
finance.yahoo.com - August 15 at 6:20 PM
biz.yahoo.com logoMEREDITH 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
publicnow.com logoMeredith National Media Group Announces Senior Leadership Promotions (NYSE:MDP)
www.publicnow.com - August 12 at 9:23 AM
News IconPress Release: Meredith Board Of Directors Elects Tom Harty President And COO (NYSE:MDP)
www.pubexec.com - August 11 at 6:30 PM
streetinsider.com logoMeredith Corp. (MDP) Appoints New COO (NYSE:MDP)
www.streetinsider.com - August 11 at 6:30 PM
capitalcube.com logoETF’s with exposure to Meredith Corp. : August 11, 2016 (NYSE:MDP)
www.capitalcube.com - August 11 at 6:30 PM
finance.yahoo.com logoMeredith Board Of Directors Elects Tom Harty President And COO (NYSE:MDP)
finance.yahoo.com - August 11 at 9:19 AM
publicnow.com logoMeredith Corporation Board Of Directors Declares Quarterly Dividend (NYSE:MDP)
www.publicnow.com - August 10 at 6:33 PM
capitalcube.com logoMeredith 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
finance.yahoo.com logoFamily Circle Magazine Unveils Redesign With September 2016 Issue (NYSE:MDP)
finance.yahoo.com - August 9 at 6:21 PM
capitalcube.com logoMeredith Corp. :MDP-US: Earnings Analysis: Q4, 2016 By the Numbers : August 4, 2016 (NYSE:MDP)
www.capitalcube.com - August 4 at 6:27 PM
forbes.com logoMeredith Named Top Dividend Stock With Insider Buying and 3.72% Yield (MDP) (NYSE:MDP)
www.forbes.com - August 4 at 4:20 PM
equities.com logoMeredith Corporation (MDP) is Trading Lower on Unusual Volume for August 01 (NYSE:MDP)
www.equities.com - August 3 at 6:27 PM
News IconChief 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
breakingfinancenews.com logoMeredith 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
rttnews.com logoMeredith 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
seekingalpha.com logoMeredith (MDP) Stephen Mark Lacy on Q4 2016 Results - Earnings Call Transcript (NYSE:MDP)
seekingalpha.com - July 29 at 9:06 AM
zacks.com logoMeredith (MDP) Tops on Q4 Earnings, Provides 2017 Outlook (NYSE:MDP)
www.zacks.com - July 29 at 9:06 AM
finance.yahoo.com logoMeredith Reports Fiscal 2016 Results And Provides Fiscal 2017 Outlook (NYSE:MDP)
finance.yahoo.com - July 28 at 9:18 AM
streetinsider.com logoMeredith Corp. (MDP) Tops Q4 EPS by 5c; Guides Q1, FY17 (NYSE:MDP)
www.streetinsider.com - July 28 at 9:18 AM
sg.finance.yahoo.com logoMeredith Corp. reports 4Q loss (NYSE:MDP)
sg.finance.yahoo.com - July 28 at 9:01 AM
finance.yahoo.com logoPublishing Stocks to Post Earnings on Jul 28: NYT, MDP, NEWM (NYSE:MDP)
finance.yahoo.com - July 27 at 7:12 AM
finance.yahoo.com logoWhat's in the Cards for Meredith (MDP) in Q4 Earnings? (NYSE:MDP)
finance.yahoo.com - July 25 at 6:08 PM
247wallst.com logoAARP Magazine’s Circulation of 23 Million Makes It Largest in US (NYSE:MDP)
247wallst.com - July 25 at 10:39 AM
247wallst.com logoAARP Magazine’s Circulation Of 23 Million Makes It Largest In U.S. (NYSE:MDP)
247wallst.com - July 24 at 10:00 AM
bizjournals.com logoAUSTIN: Joanna Gaines adds magazine to 'Fixer Upper' business empire (NYSE:MDP)
www.bizjournals.com - July 22 at 9:05 AM
News IconMeredith 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

Social

Meredith Corp. (NYSE:MDP) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff