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
EmployeesN/A
Next Earnings DateN/A
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 (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.02. The company earned $363 million during the quarter, compared to the consensus estimate of $365.85 million. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.01 EPS. View Media General's Earnings History.
What price target have analysts set for MEG?
2 brokers have issued 12 month target prices for Media General's stock. Their predictions range from $6.00 to $9.00. On average, they expect Media General's share price to reach $7.50 in the next twelve months. 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 coverage about MEG stock has trended positive this week, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Media General earned a news sentiment score of 2.6 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near term.
What other stocks do shareholders of Media General own?
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.
