Media General Company Profile (NYSE:MEG)

About Media General

Media General logoMedia 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: $17.55
  • 50 Day Moving Average: $17.69
  • 200 Day Moving Average: $17.20
  • 52-Week Range: $9.74 - $18.18
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 21.67
  • P/E Growth: 10.70
  • Market Cap: $2.27B
  • Outstanding Shares: 129,323,000
  • Beta: 2.24
Additional Links:
Companies Related to Media General:

Analyst Ratings

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 (15.48% downside)

Analysts' Ratings History for Media General (NYSE:MEG)
Show:
DateFirmActionRatingPrice TargetDetails
5/9/2016WedbushBoost Price TargetNeutral$18.00 -> $19.00View Rating Details
1/21/2016NomuraLower Price TargetNeutral$15.00 -> $6.00View Rating Details
1/8/2016Benchmark Co.Reiterated RatingBuy$19.00 -> $18.00View Rating Details
1/8/2016GabelliDowngradeBuy -> HoldView Rating Details
1/4/2016Royal Bank Of CanadaReiterated RatingOutperform$12.00View Rating Details
11/18/2015StephensInitiated CoverageEqual Weight$16.00View Rating Details
11/16/2015Evercore ISIDowngradeBuy -> HoldView Rating Details
10/29/2015FirstEnergy CapitalLower Price Target$19.00 -> $18.00View Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Media General (NYSE:MEG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/5/2016Q2$0.16$0.14$365.85 million$363.00 millionViewN/AView Earnings Details
5/6/2016Q116$0.04($0.20)$340.17 million$343.00 millionViewN/AView Earnings Details
2/26/2016Q415$0.22$0.12$372.72 million$366.00 millionViewListenView Earnings Details
11/5/2015Q315$0.03$0.03$323.13 million$322.00 millionViewN/AView Earnings Details
8/6/2015Q215$0.06$0.01$325.96 million$321.00 millionViewN/AView Earnings Details
5/7/2015Q115($0.03)($0.06)$300.10 million$297.00 millionViewN/AView Earnings Details
2/26/2015Q414$0.31$0.29$192.98 million$217.00 millionViewN/AView Earnings Details
2/5/2015Q414$0.31$0.16$192.98 millionViewN/AView Earnings Details
11/6/2014Q314$0.20$0.15$164.40 million$160.20 millionViewN/AView Earnings Details
8/5/2014Q114$0.16$0.08$153.33 million$154.10 millionViewN/AView Earnings Details
2/27/2014Q413($0.07)$71.40 million$110.00 millionViewListenView Earnings Details
10/31/2013$0.56ViewListenView Earnings Details
8/8/2013Q2 2013($0.35)ViewListenView Earnings Details
1/26/2012$0.54$0.20ViewN/AView Earnings Details
10/19/2011($0.28)($1.32)ViewN/AView Earnings Details
7/20/2011($0.29)($0.68)ViewN/AView Earnings Details
4/20/2011($0.28)($1.15)ViewN/AView Earnings Details
1/27/2011$0.70$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Media General (NYSE:MEG)
Current Year EPS Consensus Estimate: $0.93 EPS
Next Year EPS Consensus Estimate: $0.81 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.11$0.11$0.11
Q4 20161$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for Media General (NYSE:MEG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/21/2016John R MuseDirectorSell7$17.56$122.92View SEC Filing  
6/20/2016John R MuseDirectorSell7,995$17.55$140,312.25View SEC Filing  
6/15/2016John R MuseDirectorSell1,211,478$17.94$21,733,915.32View SEC Filing  
6/13/2016John R MuseDirectorSell83,500$17.70$1,477,950.00View SEC Filing  
3/16/2016Deborah A McdermottCOOSell4,495$16.70$75,066.50View SEC Filing  
3/4/2016General L.P. StandardMajor ShareholderSell7,000,000$16.51$115,570,000.00View SEC Filing  
3/2/2016James F WoodwardCFOSell1,431$16.87$24,140.97View SEC Filing  
3/2/2016Vincent L SaduskyCEOSell16,288$16.87$274,778.56View SEC Filing  
2/29/2016Andrew C CaringtonVPSell1,323$16.38$21,670.74View SEC Filing  
2/29/2016Deborah A McdermottCOOSell4,892$16.38$80,130.96View SEC Filing  
2/29/2016Timothy J MulvaneyCAOSell288$16.38$4,717.44View SEC Filing  
12/17/2014James R ConschafterVPSell12,333$17.00$209,661.00View SEC Filing  
9/2/2014Timothy J MulvaneyCAOSell2,533$15.52$39,312.16View SEC Filing  
12/12/2013Marshall N MortonChairmanSell41,214$21.38$881,155.32View SEC Filing  
8/27/2013Marshall N MortonChairmanSell27,437$10.42$285,893.54View SEC Filing  
8/14/2013John R CottinghamVPSell6,000$10.28$61,680.00View SEC Filing  
8/13/2013Marshall N MortonChairmanSell75,907$10.54$800,059.78View SEC Filing  
10/24/2012Coleman Wortham IIIDirectorBuy18,000$4.25$76,500.00View SEC Filing  
9/24/2012Wyndham RobertsonDirectorBuy10,000$5.16$51,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Media General (NYSE:MEG)
DateHeadline
mysmartrend.com logoMedia General Has Returned 30.2% Since SmarTrend Recommendation (MEG) (NYSE:MEG)
www.mysmartrend.com - August 25 at 11:13 AM
mysmartrend.com logoShares of MEG Up 30.6% Since Uptrend Call on Shares (NYSE:MEG)
www.mysmartrend.com - August 17 at 9:12 AM
capitalcube.com logoETF’s with exposure to Media General, Inc. : August 11, 2016 (NYSE:MEG)
www.capitalcube.com - August 11 at 6:29 PM
finance.yahoo.com logoMEDIA GENERAL INC Financials (NYSE:MEG)
finance.yahoo.com - August 11 at 6:29 PM
capitalcube.com logoMedia 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
capitalcube.com logoMedia 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
mysmartrend.com logo27.5% Return Seen to Date on SmarTrend Media General Call (MEG) (NYSE:MEG)
www.mysmartrend.com - August 9 at 6:22 PM
News IconKraft Heinz Net Swing to Profit; Activision, Cognizant Net Decline (NYSE:MEG)
www.ticker.com - August 5 at 6:20 PM
finance.yahoo.com logoMedia General, Inc. Announces Second Quarter 2016 Results (NYSE:MEG)
finance.yahoo.com - August 5 at 6:20 PM
biz.yahoo.com logoMEDIA 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
capitalcube.com logoMEG 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
sg.finance.yahoo.com logoMedia General posts 2Q profit (NYSE:MEG)
sg.finance.yahoo.com - August 5 at 9:11 AM
publicnow.com logoAugust 5, 2016 Media General Announces Second Quarter 2016 Results (NYSE:MEG)
www.publicnow.com - August 5 at 9:11 AM
thestreet.com logoHow Will Media General (MEG) Stock React to Q2 Miss? (NYSE:MEG)
www.thestreet.com - August 5 at 9:11 AM
biz.yahoo.com logoMEDIA GENERAL INC Files SEC form 10-Q, Quarterly Report (NYSE:MEG)
biz.yahoo.com - August 5 at 9:11 AM
finance.yahoo.com logoMedia Stocks Q2 Earnings on Aug 5: MEG, SSP, LMCA, HMTV (NYSE:MEG)
finance.yahoo.com - August 4 at 9:17 AM
capitalcube.com logoMedia 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
biz.yahoo.com logoMEDIA 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
publicnow.com logoJuly 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
finance.yahoo.com logoMedia General to Report Second Quarter 2016 Earnings Results on August 5, 2016 (NYSE:MEG)
finance.yahoo.com - July 25 at 9:00 AM
fidaily.com logoMedia General, Inc. Common Stoc (NYSE:MEG) Trading Down – Insider Trading Activity (NYSE:MEG)
www.fidaily.com - July 19 at 11:59 AM
247wallst.com logoMassive 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
fidaily.com logoMedia 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
seekingalpha.com logoNexstar issuing $900M in debt as it pursues Media General closure (NYSE:MEG)
seekingalpha.com - July 13 at 7:28 PM
moodys.com logoNexstar Broadcasting, Inc. -- Moody's assigns B3 to Nexstar's proposed senior notes (NYSE:MEG)
www.moodys.com - July 13 at 2:52 PM
equities.com logoMedia General Inc. (MEG) is Trading Higher on Unusual Volume for July 11 (NYSE:MEG)
www.equities.com - July 12 at 6:24 PM
capitalcube.com logoMedia 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
sg.finance.yahoo.com logoFCC says TV airwaves being sold for wireless use worth $86.4 billion (NYSE:MEG)
sg.finance.yahoo.com - June 29 at 10:37 PM
sg.finance.yahoo.com logoFCC says TV airwaves being sold for wireless use worth $86.4 bln (NYSE:MEG)
sg.finance.yahoo.com - June 29 at 5:00 PM
capitalcube.com logoMedia 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
capitalcube.com logoETF’s with exposure to Media General, Inc. : June 20, 2016 (NYSE:MEG)
www.capitalcube.com - June 20 at 2:48 PM
equities.com logoMedia General Inc. (MEG) Hits New 52-week High During June 15 Session (NYSE:MEG)
www.equities.com - June 17 at 5:59 PM
News IconThree Indiana TV Stations to be Sold (NYSE:MEG)
www.insideindianabusiness.com - June 16 at 10:25 AM
News IconNexstar Broadcasting to sell five stations to USA Television MidAmerica (NYSE:MEG)
www.pehub.com - June 16 at 10:25 AM
equities.com logoMedia General Inc. (MEG) Hits New 52-week High During June 07 Session (NYSE:MEG)
www.equities.com - June 9 at 8:59 AM
biz.yahoo.com logoMEDIA 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
publicnow.com logoJune 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
feeds.reuters.com logoBRIEF-Nexstar, Media General shareholders vote to approve Nexstar's acquisition of Media General (NYSE:MEG)
feeds.reuters.com - June 8 at 12:39 PM
publicnow.com logoShareholders Of Nexstar Broadcasting And Media General Vote To Approve Nexstar’s Acquisition Of Media General (NYSE:MEG)
www.publicnow.com - June 8 at 12:38 PM
thestreet.com logoTV Political Ad Spending Will Break Records in 2016, and These Broadcasters Will Cash in (NYSE:MEG)
www.thestreet.com - June 8 at 6:30 AM
News IconNexstar enters agreement to sell WBAY-TV to Gray Television, Inc. (NYSE:MEG)
wbay.com - June 4 at 8:54 AM
nasdaq.com logoNexstar To Divest Two Television Stations For $270 Mln - Quick Facts (NYSE:MEG)
www.nasdaq.com - June 3 at 6:33 PM
twst.com logoNexstar Broadcasting Group Inc.: Nexstar Broadcasting Enters Into Definitive Agreement To Divest Two Stations In Two Markets For $270 Million (NYSE:MEG)
www.twst.com - June 3 at 6:33 PM
News IconPerformance at a Glance on Media General, Inc. (NYSE:MEG) - HNN (NYSE:MEG)
hintsnewsnetwork.com - May 29 at 8:20 PM
streetinsider.com logoNexstar Broadcasting (NXST) to Divest Five Stations in Four Markets (NYSE:MEG)
www.streetinsider.com - May 29 at 3:13 PM
rttnews.com logoNexstar Broadcasting To Sell Five TV Stations In Four Markets (NYSE:MEG)
www.rttnews.com - May 29 at 3:13 PM
investornewswire.com logoMedia General, Inc. (NYSE:MEG) Quarterly EPS From Continuing Operations Stands At $-0.2 - Investor Newswire (NYSE:MEG)
www.investornewswire.com - May 28 at 3:19 PM
News IconEarnings Review and Stock Rundown for Media General, Inc. (NYSE:MEG) - Wall Street Hints and News (NYSE:MEG)
hintsnewsnetwork.com - May 27 at 3:17 PM
News IconMedia General, Inc. (NYSE:MEG) Updated Broker Price Targets - Share Trading News (NYSE:MEG)
www.sharetrading.news - May 27 at 3:17 PM
seekingalpha.com logoNexstar divests five stations to aid pursuit of Media General (NYSE:MEG)
seekingalpha.com - May 27 at 9:32 AM

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Media General (NYSE:MEG) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff