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.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees5,400
OptionableNot Optionable
Media General (NYSE:MEG) Frequently Asked Questions
What is Media General's stock symbol?
Media General trades on the New York Stock Exchange (NYSE) under the ticker symbol "MEG."
How were Media General's earnings last quarter?
Media General, Inc. (NYSE:MEG) announced its quarterly earnings data on Friday, August, 5th. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.02. The company earned $363 million during the quarter, compared to analysts' expectations of $365.85 million. The firm's revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.01 earnings per share. View Media General's Earnings History.
What price target have analysts set for MEG?
2 analysts have issued 1 year target prices for Media General's stock. Their predictions range from $6.00 to $9.00. On average, they anticipate Media General's share price to reach $7.50 in the next year. This suggests that the stock has a possible downside of 59.5%. View Analyst Price Targets for Media General.
What is the consensus analysts' recommendation for Media General?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Media General in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Media General.
Has Media General been receiving favorable news coverage?
News stories about MEG stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Media General earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
What is Media General's stock price today?
One share of MEG stock can currently be purchased for approximately $18.51.
What is Media General's official website?
MarketBeat Community Rating for Media General (NYSE MEG)
MarketBeat's community ratings are surveys of what our community members think about Media General and other stocks. Vote "Outperform" if you believe MEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
