S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
Log in
NYSE:MDP

Meredith Stock Forecast, Price & News

$24.78
-0.56 (-2.21 %)
(As of 02/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$24.35
Now: $24.78
$25.69
50-Day Range
$18.93
MA: $22.20
$26.75
52-Week Range
$10.01
Now: $24.78
$28.09
Volume522,087 shs
Average Volume488,183 shs
Market Capitalization$1.13 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.26
Meredith Corporation operates as a diversified media company primarily in the United States. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands through various media platforms, including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. It publishes media in entertainment, food, lifestyle, parenting, and home categories, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and other brands, as well as 300 special interest publications under approximately 70 brands. This segment operates approximately 50 Websites and applications. It is also involved in the brand licensing, affinity marketing, third-party marketing, consumer database, and other related operations, as well as provision of magazine advertising and circulation, digital and customer relationship marketing, other custom publishing project, and ancillary products and services. In addition, this segment operates The Foundry 360, a creative content studio, which develops content marketing programs across various platforms comprising native advertising that enable clients to engage new consumers and build long-term relationships with existing customers for a range of industries. The Local Media segment operates approximately 17 television stations that include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. It also includes 12 Websites and 12 applications focused on news, sports, and weather-related information. In addition, this segment sells geographic and demographic-targeted digital and print advertising programs to third parties. The company was founded in 1902 and is headquartered in Des Moines, Iowa.
Meredith logo

Industry, Sector and Symbol

Industry Periodicals
Sub-IndustryPublishing
CUSIP58943310
Phone515-284-3000
Employees5,290
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.85 billion
Cash Flow$11.16 per share
Book Value$8.55 per share

Profitability

Net Income$-234,300,000.00

Miscellaneous

Market Cap$1.13 billion
Next Earnings Date5/13/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.45 out of 5 stars

Consumer Staples Sector

94th out of 300 stocks

Periodicals Industry

1st out of 4 stocks

Analyst Opinion: 2.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$24.78
-0.56 (-2.21 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MDP News and Ratings via Email

Sign-up to receive the latest news and ratings for MDP and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Meredith (NYSE:MDP) Frequently Asked Questions

Is Meredith a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meredith in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Meredith stock.
View analyst ratings for Meredith
or view top-rated stocks.

What stocks does MarketBeat like better than Meredith?

Wall Street analysts have given Meredith a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Meredith wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Meredith's next earnings date?

Meredith is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for Meredith
.

How were Meredith's earnings last quarter?

Meredith Co. (NYSE:MDP) issued its quarterly earnings data on Wednesday, February, 3rd. The company reported $3.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.06 by $1.07. The firm earned $901.50 million during the quarter, compared to the consensus estimate of $845.82 million. Meredith had a positive trailing twelve-month return on equity of 37.46% and a negative net margin of 7.03%. Meredith's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $1.14 EPS.
View Meredith's earnings history
.

How has Meredith's stock price been impacted by COVID-19 (Coronavirus)?

Meredith's stock was trading at $22.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MDP shares have increased by 11.3% and is now trading at $24.78.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for MDP?

2 brokers have issued 12 month target prices for Meredith's shares. Their forecasts range from $28.00 to $28.00. On average, they expect Meredith's stock price to reach $28.00 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts' price targets for Meredith
or view top-rated stocks among Wall Street analysts.

Who are Meredith's key executives?

Meredith's management team includes the following people:
  • Mr. Thomas H. Harty, Chairman, Pres & CEO (Age 58, Pay $1.75M)
  • Mr. Jason M. Frierott, Chief Financial Officer (Age 47, Pay $1.6M)
  • Mr. John S. Zieser Esq., Chief Devel. Officer, Gen. Counsel & Sec. (Age 62, Pay $1.18M)
  • Mr. Patrick J. McCreery, Pres of Local Media Group (Age 50, Pay $867.35k)
  • Mr. Mike Lovell, Exec. Director of Corp. Communications
  • Mr. Michael Brownstein, Chief Revenue Officer and Exec. VP of Corp. Sales & Marketing
  • Ms. Nancy Weber, Exec. VP of Marketing & Integrated Communications
  • Ms. Dina Nathanson, Sr. VP of HR
  • Mr. Matthew J. Petersen, Sr. VP of The Foundry & Strategic Content (Age 56)
  • Mr. Doug Lowe, Exec. VP of Broadcast Group

What is Steve Lacy's approval rating as Meredith's CEO?

231 employees have rated Meredith CEO Steve Lacy on Glassdoor.com. Steve Lacy has an approval rating of 78% among Meredith's employees.

Who are some of Meredith's key competitors?

What other stocks do shareholders of Meredith own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meredith investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO), Chevron (CVX), Energy Transfer (ET), Pfizer (PFE), Gilead Sciences (GILD) and Altria Group (MO).

What is Meredith's stock symbol?

Meredith trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDP."

Who are Meredith's major shareholders?

Meredith's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.07%), Ariel Investments LLC (9.77%), Select Equity Group L.P. (9.08%), Dimensional Fund Advisors LP (4.38%), Koch Industries Inc. (3.56%) and Northern Trust Corp (1.70%). Company insiders that own Meredith stock include Donald C Berg, Elizabeth E Tallett, Patrick Mccreery, Steven M Cappaert and Thomas H Harty.
View institutional ownership trends for Meredith
.

Which major investors are selling Meredith stock?

MDP stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, JPMorgan Chase & Co., Northern Trust Corp, New York State Common Retirement Fund, Select Equity Group L.P., Principal Financial Group Inc., Gamco Investors INC. ET AL, and Victory Capital Management Inc..
View insider buying and selling activity for Meredith
or view top insider-selling stocks.

Which major investors are buying Meredith stock?

MDP stock was bought by a variety of institutional investors in the last quarter, including Koch Industries Inc., Ariel Investments LLC, BlackRock Inc., Morgan Stanley, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, Engineers Gate Manager LP, and Pacer Advisors Inc.. Company insiders that have bought Meredith stock in the last two years include Donald C Berg, Elizabeth E Tallett, Patrick Mccreery, Steven M Cappaert, and Thomas H Harty.
View insider buying and selling activity for Meredith
or or view top insider-buying stocks.

How do I buy shares of Meredith?

Shares of MDP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Meredith's stock price today?

One share of MDP stock can currently be purchased for approximately $24.78.

How much money does Meredith make?

Meredith has a market capitalization of $1.13 billion and generates $2.85 billion in revenue each year. The company earns $-234,300,000.00 in net income (profit) each year or $1.54 on an earnings per share basis.

How many employees does Meredith have?

Meredith employs 5,290 workers across the globe.

What is Meredith's official website?

The official website for Meredith is www.meredith.com.

Where are Meredith's headquarters?

Meredith is headquartered at 1716 LOCUST ST, DES MOINES IA, 50309.

How can I contact Meredith?

Meredith's mailing address is 1716 LOCUST ST, DES MOINES IA, 50309. The company can be reached via phone at 515-284-3000 or via email at [email protected]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.