Media General Company Profile (NYSE:MEG)

About Media General

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:

Sector: Consumer Discretionary
Industry: Broadcasting - TV
Sub-Industry: N/A
Exchange: NYSE
Symbol: MEG
CUSIP:

Key Metrics:

Previous Close: $18.10
50 Day Moving Average: $17.83
200 Day Moving Average: $17.43
52-Week Range: $13.28 - $18.18
Trailing P/E Ratio: N/A
Foreward P/E Ratio: 22.63
P/E Growth: 10.93
Market Cap: $2.34B
Outstanding Shares: 129,323,000
Beta: 2.17

Profitability:

Net Margins: -3.50%
Return on Equity: 3.48%
Return on Assets: 1.15%

Debt:

Debt-to-Equity Ratio: 1.54%
Current Ratio: 2.34%
Quick Ratio: 2.34%

Additional Links:

Companies Related to Media General:

Consensus Ratings for Media General (NYSE:MEG) (?)

Ratings Breakdown:	5 Hold Ratings, 2 Buy Ratings
Consensus Rating:	Hold (Score: 2.29)
Consensus Price Target:	$14.83 (18.05% downside)

Analysts' Ratings History for Media General (NYSE:MEG)

Show:

Date	Firm	Action	Rating	Price Target
5/9/2016	Wedbush	Boost Price Target	Neutral	$18.00 -> $19.00
1/21/2016	Nomura	Lower Price Target	Neutral	$15.00 -> $6.00
1/8/2016	Benchmark Co.	Reiterated Rating	Buy	$19.00 -> $18.00
1/8/2016	Gabelli	Downgrade	Buy -> Hold
1/4/2016	Royal Bank Of Canada	Reiterated Rating	Outperform	$12.00
11/18/2015	Stephens	Initiated Coverage	Equal Weight	$16.00
11/16/2015	Evercore ISI	Downgrade	Buy -> Hold
10/29/2015	FirstEnergy Capital	Lower Price Target		$19.00 -> $18.00

(Data available from 9/29/2014 forward)

Earnings History for Media General (NYSE:MEG)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/3/2016
8/5/2016	Q2	$0.16	$0.14	$365.85 million	$363.00 million	View	N/A
5/6/2016	Q116	$0.04	($0.20)	$340.17 million	$343.00 million	View	N/A
2/26/2016	Q415	$0.22	$0.12	$372.72 million	$366.00 million	View	Listen
11/5/2015	Q315	$0.03	$0.03	$323.13 million	$322.00 million	View	N/A
8/6/2015	Q215	$0.06	$0.01	$325.96 million	$321.00 million	View	N/A
5/7/2015	Q115	($0.03)	($0.06)	$300.10 million	$297.00 million	View	N/A
2/26/2015	Q414	$0.31	$0.29	$192.98 million	$217.00 million	View	N/A
2/5/2015	Q414	$0.31	$0.16	$192.98 million		View	N/A
11/6/2014	Q314	$0.20	$0.15	$164.40 million	$160.20 million	View	N/A
8/5/2014	Q114	$0.16	$0.08	$153.33 million	$154.10 million	View	N/A
2/27/2014	Q413		($0.07)	$71.40 million	$110.00 million	View	Listen
10/31/2013			$0.56			View	Listen
8/8/2013	Q2 2013		($0.35)			View	Listen
1/26/2012		$0.54	$0.20			View	N/A
10/19/2011		($0.28)	($1.32)			View	N/A
7/20/2011		($0.29)	($0.68)			View	N/A
4/20/2011		($0.28)	($1.15)			View	N/A
1/27/2011		$0.70	$0.39			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Media General (NYSE:MEG)

Current Year EPS Consensus Estimate: $0.91 EPS
Next Year EPS Consensus Estimate: $0.8 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	1	$0.11	$0.11	$0.11
Q4 2016	1	$0.56	$0.56	$0.56

(Data provided by Zacks Investment Research)

Dividend History for Media General (NYSE:MEG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trading History for Media General (NYSE:MEG)

Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 93.62%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/8/2016	Deborah A Mcdermott	VP	Sell	4,000	$17.90	$71,600.00
6/21/2016	John R Muse	Director	Sell	7	$17.56	$122.92
6/20/2016	John R Muse	Director	Sell	7,995	$17.55	$140,312.25
6/15/2016	John R Muse	Director	Sell	1,211,478	$17.94	$21,733,915.32
6/13/2016	John R Muse	Director	Sell	83,500	$17.70	$1,477,950.00
3/16/2016	Deborah A Mcdermott	COO	Sell	4,495	$16.70	$75,066.50
3/4/2016	General L.P. Standard	Major Shareholder	Sell	7,000,000	$16.51	$115,570,000.00
3/2/2016	James F Woodward	CFO	Sell	1,431	$16.87	$24,140.97
3/2/2016	Vincent L Sadusky	CEO	Sell	16,288	$16.87	$274,778.56
2/29/2016	Andrew C Carington	VP	Sell	1,323	$16.38	$21,670.74
2/29/2016	Deborah A Mcdermott	COO	Sell	4,892	$16.38	$80,130.96
2/29/2016	Timothy J Mulvaney	CAO	Sell	288	$16.38	$4,717.44
12/17/2014	James R Conschafter	VP	Sell	12,333	$17.00	$209,661.00
9/2/2014	Timothy J Mulvaney	CAO	Sell	2,533	$15.52	$39,312.16
12/12/2013	Marshall N Morton	Chairman	Sell	41,214	$21.38	$881,155.32
8/27/2013	Marshall N Morton	Chairman	Sell	27,437	$10.42	$285,893.54
8/14/2013	John R Cottingham	VP	Sell	6,000	$10.28	$61,680.00
8/13/2013	Marshall N Morton	Chairman	Sell	75,907	$10.54	$800,059.78
10/24/2012	Coleman Wortham III	Director	Buy	18,000	$4.25	$76,500.00
9/24/2012	Wyndham Robertson	Director	Buy	10,000	$5.16	$51,600.00

(Data available from 1/1/2013 forward)

Latest Headlines for Media General (NYSE:MEG)

Date	Headline
	Nexstar locks down $2.75B loan, key piece in Media General buyout (NYSE:MEG) seekingalpha.com - September 27 at 8:27 PM
	Media General Up 31.5% Since SmarTrend Uptrend Call (MEG) (NYSE:MEG) www.mysmartrend.com - September 24 at 5:36 PM
	Media General, Inc. – Value Analysis (NYSE:MEG) : September 22, 2016 (NYSE:MEG) www.capitalcube.com - September 22 at 5:51 PM
	Media General, Inc. breached its 50 day moving average in a Bearish Manner : MEG-US : September 21, 2016 (NYSE:MEG) www.capitalcube.com - September 21 at 10:12 AM
	Media General + Taboola = Potential Revenue (MEG) (NYSE:MEG) www.investopedia.com - September 15 at 4:06 PM
	Report: Antitrust issues settled, FCC likelier to OK Nexstar-Media General merger (NYSE:MEG) seekingalpha.com - September 13 at 1:25 PM
	Media General, Inc. Common Stoc (NYSE:MEG) Trading Down – Insiders Are Selling (NYSE:MEG) www.fidaily.com - September 9 at 5:51 PM
	Sandell Asset Management Corp Lowers stake in Media General Inc (MEG) (NYSE:MEG) www.nationaldailypress.com - September 9 at 5:51 PM
	UPDATE 1-Nexstar wins U.S. antitrust approval to merge with Media General (NYSE:MEG) feeds.reuters.com - September 2 at 12:37 PM
	Nexstar gets antitrust OK for $4.6B Media General purchase (NYSE:MEG) seekingalpha.com - September 2 at 12:19 PM
	Nexstar wins U.S. antitrust approval to merge with Media General (NYSE:MEG) feeds.reuters.com - September 2 at 11:33 AM
	Media General Inc (MEG): Hound Partners Significantly Raises Stake (NYSE:MEG) feedproxy.google.com - August 31 at 9:52 AM
	Media General Has Returned 30.2% Since SmarTrend Recommendation (MEG) (NYSE:MEG) www.mysmartrend.com - August 25 at 11:13 AM
	Shares of MEG Up 30.6% Since Uptrend Call on Shares (NYSE:MEG) www.mysmartrend.com - August 17 at 9:12 AM
	ETF’s with exposure to Media General, Inc. : August 11, 2016 (NYSE:MEG) www.capitalcube.com - August 11 at 6:29 PM
	MEDIA GENERAL INC Financials (NYSE:MEG) finance.yahoo.com - August 11 at 6:29 PM
	Media General, Inc. :MEG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:MEG) www.capitalcube.com - August 10 at 6:32 PM
	Media General, Inc. breached its 50 day moving average in a Bearish Manner : MEG-US : August 10, 2016 (NYSE:MEG) www.capitalcube.com - August 10 at 9:07 AM
	27.5% Return Seen to Date on SmarTrend Media General Call (MEG) (NYSE:MEG) www.mysmartrend.com - August 9 at 6:22 PM
	Kraft Heinz Net Swing to Profit; Activision, Cognizant Net Decline (NYSE:MEG) www.ticker.com - August 5 at 6:20 PM
	Media General, Inc. Announces Second Quarter 2016 Results (NYSE:MEG) finance.yahoo.com - August 5 at 6:20 PM
	MEDIA GENERAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit (NYSE:MEG) biz.yahoo.com - August 5 at 6:20 PM
	MEG Energy Corp. :MEG-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:MEG) www.capitalcube.com - August 5 at 6:20 PM
	Media General posts 2Q profit (NYSE:MEG) sg.finance.yahoo.com - August 5 at 9:11 AM
	August 5, 2016 Media General Announces Second Quarter 2016 Results (NYSE:MEG) www.publicnow.com - August 5 at 9:11 AM
	How Will Media General (MEG) Stock React to Q2 Miss? (NYSE:MEG) www.thestreet.com - August 5 at 9:11 AM
	MEDIA GENERAL INC Files SEC form 10-Q, Quarterly Report (NYSE:MEG) biz.yahoo.com - August 5 at 9:11 AM
	Media Stocks Q2 Earnings on Aug 5: MEG, SSP, LMCA, HMTV (NYSE:MEG) finance.yahoo.com - August 4 at 9:17 AM
	Media General, Inc. breached its 50 day moving average in a Bullish Manner : MEG-US : July 29, 2016 (NYSE:MEG) www.capitalcube.com - July 29 at 8:19 AM
	MEDIA GENERAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:MEG) biz.yahoo.com - July 25 at 5:12 PM
	July 25, 2016 Media General to Report Second Quarter 2016 Earnings Results on August 5, 2016 (NYSE:MEG) www.publicnow.com - July 25 at 9:18 AM
	Media General to Report Second Quarter 2016 Earnings Results on August 5, 2016 (NYSE:MEG) finance.yahoo.com - July 25 at 9:00 AM
	Media General, Inc. Common Stoc (NYSE:MEG) Trading Down – Insider Trading Activity (NYSE:MEG) www.fidaily.com - July 19 at 11:59 AM
	Massive Facebook Sale Highlights Insider Trading: Shake Shack, Costco, Media General, Western Gas Partners and More (NYSE:MEG) 247wallst.com - July 17 at 10:20 AM
	Media General, Inc. Common Stoc (MEG) Ownership Down in Latest Report from Muse John R (NYSE:MEG) www.fidaily.com - July 15 at 10:31 AM
	Nexstar issuing $900M in debt as it pursues Media General closure (NYSE:MEG) seekingalpha.com - July 13 at 7:28 PM
	Nexstar Broadcasting, Inc. -- Moody's assigns B3 to Nexstar's proposed senior notes (NYSE:MEG) www.moodys.com - July 13 at 2:52 PM
	Media General Inc. (MEG) is Trading Higher on Unusual Volume for July 11 (NYSE:MEG) www.equities.com - July 12 at 6:24 PM
	Media General, Inc. breached its 50 day moving average in a Bullish Manner : MEG-US : July 11, 2016 (NYSE:MEG) www.capitalcube.com - July 11 at 9:11 AM
	FCC says TV airwaves being sold for wireless use worth $86.4 billion (NYSE:MEG) sg.finance.yahoo.com - June 29 at 10:37 PM
	FCC says TV airwaves being sold for wireless use worth $86.4 bln (NYSE:MEG) sg.finance.yahoo.com - June 29 at 5:00 PM
	Media General, Inc. breached its 50 day moving average in a Bullish Manner : MEG-US : June 21, 2016 (NYSE:MEG) www.capitalcube.com - June 21 at 8:30 AM
	ETF’s with exposure to Media General, Inc. : June 20, 2016 (NYSE:MEG) www.capitalcube.com - June 20 at 2:48 PM
	Media General Inc. (MEG) Hits New 52-week High During June 15 Session (NYSE:MEG) www.equities.com - June 17 at 5:59 PM
	Three Indiana TV Stations to be Sold (NYSE:MEG) www.insideindianabusiness.com - June 16 at 10:25 AM
	Nexstar Broadcasting to sell five stations to USA Television MidAmerica (NYSE:MEG) www.pehub.com - June 16 at 10:25 AM
	Media General Inc. (MEG) Hits New 52-week High During June 07 Session (NYSE:MEG) www.equities.com - June 9 at 8:59 AM
	MEDIA GENERAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financial St (NYSE:MEG) biz.yahoo.com - June 8 at 5:25 PM
	June 8, 2016 Shareholders of Nexstar Broadcasting and Media General Vote to Approve Nexstar’s Acquisition of Media General (NYSE:MEG) www.publicnow.com - June 8 at 1:18 PM
	BRIEF-Nexstar, Media General shareholders vote to approve Nexstar's acquisition of Media General (NYSE:MEG) feeds.reuters.com - June 8 at 12:39 PM