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
Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:MEG
CUSIPN/A
PhoneN/A
Debt
Debt-to-Equity Ratio1.58
Current Ratio2.51
Quick Ratio2.51
Price-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 / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-4.25%
Return on Equity6.92%
Return on Assets2.28%
Miscellaneous
Employees5,400
Outstanding Shares129,300,000
Market Cap$0.00
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) issued its quarterly earnings data on Friday, August, 5th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.02. The company had revenue of $363 million for the quarter, compared to the consensus estimate of $365.85 million. Media General had a positive return on equity of 6.92% and a negative net margin of 4.25%. The business's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.01 earnings per share. View Media General's Earnings History.
What price target have analysts set for MEG?
2 equities research analysts have issued 12 month target prices for Media General's shares. Their forecasts range from $7.50 to $8.00. On average, they anticipate Media General's stock price to reach $7.75 in the next year. This suggests that the stock has a possible downside of 58.1%. 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Media General.
Has Media General been receiving favorable news coverage?
Media headlines about MEG stock have trended somewhat positive on Tuesday, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Media General earned a media and rumor sentiment score of 0.14 on Accern's scale. They also gave headlines about the company an impact score of 46.01 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Media General.
What is Media General's stock price today?
One share of MEG 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 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.
