Meredith Corporation is a diversified media company. The Company is focused primarily on the home and family marketplace. The Company operates through two segments: Local Media and National Media. As of June 30, 2016, the Company's Local Media segment includes 16 owned television stations, one managed television station and related digital and mobile media operations. Its National Media segment includes magazine publishing, custom content and customer relationship marketing, digital and mobile media, brand licensing, database-related activities, and other related operations. Its National Media segment focuses on the food, home, parenthood, and health markets and is a publisher of magazines serving women. As of June 30, 2016, the Company's owned television stations consist of seven CBS affiliates, five FOX affiliates, two MyNetworkTV affiliates, one NBC affiliate, one ABC affiliate and one independent station. The National Media segment also focuses on run-of-press display advertising.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Publishing - Periodicals
- Sub-Industry: Publishing
- Exchange: NYSE
- Symbol: MDP
- CUSIP: 58943310
- Previous Close: $63.45
- 50 Day Moving Average: $60.31
- 200 Day Moving Average: $54.54
- 52-Week Range: $42.44 - $64.15
- Trailing P/E Ratio: 29.92
- Foreward P/E Ratio: 19.29
- P/E Growth: 3.36
- Market Cap: $2.82B
- Outstanding Shares: 44,494,000
- Beta: 1.13
- Net Margins: 5.65%
- Return on Equity: 19.39%
- Return on Assets: 6.78%
Companies Related to Meredith:
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 1.08%
- Quick Ratio: 1.04%
What is Meredith's stock symbol?
Meredith trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDP."
How often does Meredith pay dividends? What is the dividend yield for Meredith?
Meredith declared a quarterly dividend on Monday, January 30th. Investors of record on Tuesday, February 28th will be paid a dividend of $0.52 per share on Wednesday, March 15th. This represents a $2.08 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Friday, February 24th. This is a boost from Meredith's previous quarterly dividend of $0.50.
Where is Meredith's stock going? Where will Meredith's stock price be in 2017?
2 brokerages have issued 12-month price objectives for Meredith's shares. Their predictions range from $64.00 to $64.00. On average, they expect Meredith's share price to reach $64.00 in the next year.
When will Meredith announce their earnings?
Meredith is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
Who owns Meredith stock?
Meredith's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.79%), Barrow Hanley Mewhinney & Strauss LLC (4.45%), Royce & Associates LP (3.81%), State Street Corp (2.62%), Allianz Asset Management AG (2.09%) and Prudential PLC (1.45%). Company insiders that own Meredith stock include Donald C Berg, Edwin T Iv Meredith, Frederick B Henry, John S Zieser, Joseph H Ceryanec, Katherine C Meredith, Mary Sue Coleman, Philip A Marineau, Stephen M Lacy and Steven M Cappaert.
Who sold Meredith stock? Who is selling Meredith stock?
Meredith's stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Allianz Asset Management AG, Thrivent Financial for Lutherans, Gamco Investors INC. ET AL, Cantab Capital Partners LLP, Guggenheim Capital LLC, Gabelli Funds LLC and Comerica Bank. Company insiders that have sold Meredith stock in the last year include Frederick B Henry, John S Zieser, Joseph H Ceryanec and Stephen M Lacy.
Who bought Meredith stock? Who is buying Meredith stock?
Meredith's stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, Russell Investments Group Ltd., AQR Capital Management LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Round Hill Asset Management, Systematic Financial Management LP and Silvercrest Asset Management Group LLC. Company insiders that have bought Meredith stock in the last two years include Donald C Berg and Edwin T Iv Meredith.
How do I buy Meredith stock?
Shares of Meredith can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Meredith stock cost?
One share of Meredith stock can currently be purchased for approximately $63.45.