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Media General Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
-0.58 (-2.40 %)
(As of 09/23/2020 12:00 AM ET)
Today's Range
Now: $23.54
50-Day Range N/A
52-Week Range
Now: $23.54
Volume230,491 shs
Average Volume177,680 shs
Market Capitalization$587.32 million
P/E RatioN/A
Dividend YieldN/A
Media General, Inc. is a television broadcasting and digital media company. The Company provides news, information and entertainment in markets across the United States. The Company operates or services 71 network-affiliated broadcast television stations in 48 markets along with the digital media business. The Company's network affiliations include twelve CBS stations, nine NBC stations, seven ABC stations, one FOX station, one CW station and one MyNetworkTV station. The Company offers consumers and advertisers with entertainment and information, content and distribution on every screen. Its portfolio of broadcast, digital and mobile products informs and engages 23% of United States Television (TV) households and 43% of the United States Internet audience. The Company has the diverse digital media business with a portfolio that includes LIN Digital, LIN Mobile, HYFN, Dedicated Media, Federated Media and BiteSizeTV.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.24 out of 5 stars

Industry, Sector and Symbol

Industry N/A



Sales & Book Value

Annual SalesN/A



Market Cap$587.32 million
Next Earnings Date11/30/2020 (Estimated)
OptionableNot Optionable

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Media General (NYSE:MEG) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Media General?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Media General in the last year. There are currently 1 sell rating, 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Media General

When is Media General's next earnings date?

Media General is scheduled to release its next quarterly earnings announcement on Monday, November 30th 2020.
View our earnings forecast for Media General

How were Media General's earnings last quarter?

Media General, Inc. (NYSE:MEG) posted its quarterly earnings data on Monday, August, 31st. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.33.
View Media General's earnings history

What price target have analysts set for MEG?

15 analysts have issued twelve-month price targets for Media General's shares. Their forecasts range from $3.50 to $33.00. On average, they expect Media General's stock price to reach $16.64 in the next twelve months. This suggests that the stock has a possible downside of 29.3%.
View analysts' price targets for Media General

Who are some of Media General's key competitors?

What other stocks do shareholders of Media General own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Media General investors own include Honeywell International (HON), Procter & Gamble (PG), Alibaba Group (BABA), CVS Health (CVS), Home Depot (HD), Raytheon Technologies (RTX), Thermo Fisher Scientific (TMO), Cisco Systems (CSCO), CSX (CSX) and Johnson & Johnson (JNJ).

When did Media General IPO?

(MEG) raised $160 million in an initial public offering on Thursday, July 23rd 2020. The company issued 10,000,000 shares at $15.00-$17.00 per share. BofA Securities and William Blair acted as the underwriters for the IPO and BNP PARIBAS, Capital One Securities, Stifel and Needham & Company were co-managers.

What is Media General's stock symbol?

Media General trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEG."

When did the company's quiet period expire?

Media General's quiet period expired on Tuesday, September 1st. Media General had issued 10,000,000 shares in its public offering on July 23rd. The total size of the offering was $150,000,000 based on an initial share price of $15.00. During the company's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

What is Media General's stock price today?

One share of MEG stock can currently be purchased for approximately $23.54.

How big of a company is Media General?

Media General has a market capitalization of $587.32 million.

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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