NYSE:MEG Media General Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Media General, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.54 -0.58 (-2.40 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$23.42Now: $23.54▼$24.6850-Day Range N/A52-Week Range$14.81Now: $23.54▼$19.28Volume230,491 shsAverage Volume177,680 shsMarket Capitalization$587.32 millionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.1 Analyst's Opinion Consensus RatingMedia General has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 5 buy ratings, 9 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.64, Media General has a forecasted downside of 29.3% from its current price of $23.54.Amount of Analyst CoverageMedia General has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesMedia General has received 166 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMedia General has received 212 “underperform” votes. (Add your “underperform” vote.)Community SentimentMedia General has received 56.08% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMedia General does not currently pay a dividend.Dividend GrowthMedia General does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Media General insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Media General are expected to grow by 72.73% in the coming year, from $0.33 to $0.57 per share. Previous Next 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 Stock Exchange NYSE Industry N/A Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:MEG Previous Symbol CUSIPN/A CIK216539 WebN/A PhoneN/ADebt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares24,950,000Market Cap$587.32 million Next Earnings Date11/30/2020 (Estimated) OptionableNot Optionable Receive MEG News and Ratings via Email Sign-up to receive the latest news and ratings for MEG and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Media General include Brookfield Business Partners (BBU), Evoqua Water Technologies (AQUA), ExlService (EXLS), Burning Rock Biotech (BNR), Brink's (BCO), Alliance Data Systems (ADS), EVO Payments (EVOP), Avis Budget Group (CAR), Cardlytics (CDLX), Herman Miller (MLHR), Yext (YEXT), Loomis (LOIMF), Pagegroup (MPGPF), Korn Ferry (KFY) and Healthcare Services Group (HCSG). View all 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. 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