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
- Symbol: NYSE:MEG
- CUSIP: N/A
- Web: www.mediageneral.com
Average Prices:- 50 Day Moving Avg: $18.71
- 200 Day Moving Avg: $17.98
- 52 Week Range: $14.81 - $19.28
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 23.43
- P/E Growth: 0.00
Profitability:- Net Margins: -4.25%
- Return on Equity: 6.92%
- Return on Assets: 2.28%
Debt:- Debt-to-Equity Ratio: 1.58%
- Current Ratio: 2.51%
- Quick Ratio: 2.51%
Misc:- Average Volume: 1.25 million shs.
- Beta: 1.64
Frequently Asked Questions for Media General (NYSE:MEG)
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) issued its quarterly earnings data on Friday, August, 5th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by $0.02. The business earned $363 million during the quarter, compared to analyst estimates of $365.85 million. Media General had a negative net margin of 4.25% and a positive return on equity of 6.92%. The firm's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 earnings per share. View Media General's Earnings History.
Who are some of Media General's key competitors?
Some companies that are related to Media General include Comcast Corporation (CMCSA), Walt Disney Company (The) (DIS), Naspers (NPSNY), Charter Communications (CHTR), Nike (NKE), Netflix (NFLX), Time Warner (TWX), Grupo Televisa S.A. (TV), Las Vegas Sands Corp. (LVS), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Activision Blizzard (ATVI), Sony Corp Ord (SNE), Adidas AG (ADDYY), Sands China (SCHYY), Marriott International (MAR), Electronic Arts (EA) and Carnival Corporation (CCL).
Who owns Media General stock?
Media General's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wittenberg Investment Management Inc. (0.00%). Company insiders that own Media General stock include Andrew C Carington, Deborah A Mcdermott, General LP Standard, James F Woodward, John R Muse, Timothy J Mulvaney and Vincent L Sadusky. View Institutional Ownership Trends for Media General.
How do I buy Media General stock?
Shares of Media General can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Media General's stock price today?
One share of Media General stock can currently be purchased for approximately $18.51.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Media General (NYSE:MEG)Earnings History by Quarter for Media General (NYSE MEG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/9/2016 | Q316 | $0.32 | $0.35 | $404.62 million | $377.00 million | View | N/A |  |
| 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 | $0.04 | $325.96 million | $321.00 million | View | N/A | |
| 5/7/2015 | Q115 | ($0.03) | ($0.03) | $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 | $0.21 | $0.18 | $164.40 million | $160.20 million | View | N/A | |
| 8/5/2014 | Q114 | $0.16 | $0.12 | $153.33 million | $154.10 million | View | N/A | |
| 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: $-0.17 EPS
Next Year EPS Consensus Estimate: $0.79 EPS
Dividend History for Media General (NYSE:MEG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Media General (NYSE:MEG)Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 90.77%
Insider Trades by Quarter for Media General (NYSE:MEG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/15/2016 | General L.P. Standard | Director | Sell | 794,289 | $18.35 | $14,575,203.15 | |
| 12/12/2016 | Deborah A Mcdermott | VP | Sell | 4,545 | $18.75 | $85,218.75 | |
| 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)
Headline Trends for Media General (NYSE:MEG)
Latest Headlines for Media General (NYSE:MEG)
| Source: |
|
| Date | Headline |
|---|
 | What we know about Uber’s apparent CEO pick Dara Khosrowshahi
www.marketwatch.com - August 28 at 3:22 PM |
 | Tribune Media (TRCO) and Media General (MEG) Head to Head Survey
www.americanbankingnews.com - August 28 at 12:26 PM |
| Contrasting Media General (MEG) & News Corporation (NWSA)
www.americanbankingnews.com - August 27 at 6:08 PM |
| Head-To-Head Comparison: Media General (MEG) vs. News Corporation (NWSA)
www.americanbankingnews.com - August 17 at 6:18 PM |
| Media General (MEG) versus News Corporation (NWSA) Head-To-Head Comparison
www.americanbankingnews.com - August 15 at 12:48 PM |
| Grupo Televisa (TV) & Media General (MEG) Head-To-Head Contrast
www.americanbankingnews.com - August 5 at 8:30 AM |
| Critical Comparison: Grupo Televisa (TV) & Media General (MEG)
www.americanbankingnews.com - August 3 at 10:16 AM |
| Head to Head Review: Media General (NYSE:MEG) and Grupo Televisa (TV)
www.americanbankingnews.com - July 30 at 8:22 PM |
| Reviewing News Corporation (NWSA) and Media General (NYSE:MEG)
www.americanbankingnews.com - July 30 at 12:21 PM |
| Head to Head Contrast: News Corporation (NWSA) vs. Media General (NYSE:MEG)
www.americanbankingnews.com - July 29 at 10:11 AM |
| Media General (MEG) vs. Grupo Televisa (TV) Critical Contrast
www.americanbankingnews.com - July 13 at 10:26 AM |
| Entravision Communication (EVC) versus Media General (MEG) Critical Contrast
www.americanbankingnews.com - June 8 at 12:50 PM |
 | Nexstar Media Group (NXST) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 6:33 PM |
| Positive News Coverage Somewhat Likely to Affect Media General (MEG) Share Price
www.americanbankingnews.com - May 2 at 10:04 PM |
| Positive Press Coverage Extremely Likely to Affect Media General (MEG) Stock Price
www.americanbankingnews.com - April 29 at 11:59 AM |
| Media General (MEG) Receiving Positive News Coverage, Study Shows
www.americanbankingnews.com - April 25 at 1:53 PM |
| Media General (MEG) Given Media Impact Rating of 0.28
www.americanbankingnews.com - April 21 at 7:00 PM |
| Media General (MEG) Receives Daily Coverage Optimism Score of 0.29
www.americanbankingnews.com - April 17 at 11:23 AM |
| Zacks Investment Research Lowers Media General, Inc. (MEG) to Sell
www.americanbankingnews.com - April 16 at 10:26 AM |
 | Bids in Groundbreaking Wireless Spectrum Auction Top $18 Billion
www.thestreet.com - January 25 at 5:23 AM |
 | Irving company completes $4.6B merger, becomes 2nd largest TV broadcaster
www.bizjournals.com - January 17 at 11:58 PM |
 | Nexstar Broadcasting (NXST) Completes Acquisition of Media General (MEG)
www.streetinsider.com - January 17 at 6:51 PM |
 | Nexstar Broadcasting Group Completes Acquisition of Media General Creating Nexstar Media Group, the Nation’s Second Largest Television Broadcaster
finance.yahoo.com - January 17 at 6:51 PM |
| MEDIA GENERAL INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Di
biz.yahoo.com - January 17 at 6:51 PM |
| Gray Television, Graham Media buy stations in Nexstar/Media General deal
seekingalpha.com - January 17 at 6:21 PM |
| Nexstar closes $4.6B Media General deal, creating No. 2 broadcaster
seekingalpha.com - January 17 at 5:57 PM |
| Nexstar, Media General sharply higher as FCC approves merger
seekingalpha.com - January 11 at 1:18 PM |
| Blog Coverage Media General Withdrew Change of Control Offer
finance.yahoo.com - December 29 at 9:13 AM |
| Media General (MEG) Subsidiary LIN Television Withdrawals Change of Control Offer
www.streetinsider.com - December 28 at 10:23 AM |
| Media General Announces Withdrawal of Change of Control Offer
finance.yahoo.com - December 28 at 10:23 AM |
| Amid low uptake, Media General extends note purchase offer again
seekingalpha.com - December 22 at 12:48 PM |
| Media General extends LIN Television note purchase offer
seekingalpha.com - December 8 at 2:03 PM |
| Media General Announces Extension of Change of Control Offer
finance.yahoo.com - December 1 at 9:39 AM |
 | Media General Q3 Loss Widens - Quick Facts
www.nasdaq.com - November 9 at 8:24 AM |
| Media General, Inc. Announces Record Third Quarter 2016 Results
finance.yahoo.com - November 9 at 8:24 AM |
| Media General to Report Third Quarter 2016 Earnings Results on November 9, 2016
finance.yahoo.com - October 26 at 9:28 AM |
| New Strong Sell Stocks for October 18th
finance.yahoo.com - October 18 at 11:21 AM |
| With FCC tied up in auction, Nexstar's Sook eager to wrap Media General deal
seekingalpha.com - October 6 at 8:42 PM |
| Did Disney's Shanghai Theme Park Surpass Expectations?
finance.yahoo.com - October 6 at 5:55 PM |
| Wall Street Abuzz with Rumors: Will Disney Acquire Netflix?
www.nasdaq.com - October 4 at 10:52 AM |
| Time Warner (TWX) Banks on Strategic Efforts for Growth
finance.yahoo.com - September 29 at 6:02 PM |
| Nexstar locks down $2.75B loan, key piece in Media General buyout
seekingalpha.com - September 27 at 8:27 PM |
 | Media General + Taboola = Potential Revenue (MEG)
www.investopedia.com - September 15 at 4:06 PM |
Media General (MEG) Chart for Saturday, September, 23, 2017
