Media General Company Profile (NYSE:MEG)

About Media General (NYSE:MEG)

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
  • 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) released its earnings results on Friday, August, 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.02. The company earned $363 million during the quarter, compared to analyst estimates of $365.85 million. Media General had a positive return on equity of 6.92% and a negative net margin of 4.25%. Media General's revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.01 earnings per share. View Media General's Earnings History.

Where is Media General's stock going? Where will Media General's stock price be in 2017?

1 analysts have issued 1 year price objectives for Media General's stock. Their forecasts range from $8.00 to $8.00. On average, they expect Media General's stock price to reach $8.00 in the next twelve months. View Analyst Ratings for Media General.

Who are some of Media General's key competitors?

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)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  207
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.

Analyst Ratings

Consensus Ratings for Media General (NYSE:MEG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.00 (56.78% downside)
Consensus Price Target History for Media General (NYSE:MEG)
Price Target History for Media General (NYSE:MEG)
Analysts' Ratings History for Media General (NYSE:MEG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Royal Bank Of CanadaReiterated RatingBuy$8.00N/AView Rating Details
5/9/2016WedbushBoost Price TargetNeutral$18.00 -> $19.00N/AView Rating Details
1/21/2016NomuraLower Price TargetNeutral$15.00 -> $6.00N/AView Rating Details
1/8/2016Benchmark Co.Reiterated RatingBuy$19.00 -> $18.00N/AView Rating Details
1/8/2016GabelliDowngradeBuy -> HoldN/AView Rating Details
11/18/2015StephensInitiated CoverageEqual Weight$16.00N/AView Rating Details
11/16/2015Evercore ISIDowngradeBuy -> HoldN/AView Rating Details
10/29/2015FirstEnergy CapitalLower Price Target$19.00 -> $18.00N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Media General (NYSE:MEG)
Earnings by Quarter for Media General (NYSE:MEG)
Earnings History by Quarter for Media General (NYSE MEG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2016Q316$0.32$0.35$404.62 million$377.00 millionViewN/AView Earnings Details
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$0.04$325.96 million$321.00 millionViewN/AView Earnings Details
5/7/2015Q115($0.03)($0.03)$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$0.21$0.18$164.40 million$160.20 millionViewN/AView Earnings Details
8/5/2014Q114$0.16$0.12$153.33 million$154.10 millionViewN/AView 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: $-0.17 EPS
Next Year EPS Consensus Estimate: $0.79 EPS

Dividends

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

Insider Trades

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)
Institutional Ownership by Quarter for Media General (NYSE:MEG)
Insider Trades by Quarter for Media General (NYSE:MEG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016General L.P. StandardDirectorSell794,289$18.35$14,575,203.15View SEC Filing  
12/12/2016Deborah A McdermottVPSell4,545$18.75$85,218.75View SEC Filing  
9/8/2016Deborah A McdermottVPSell4,000$17.90$71,600.00View SEC Filing  
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

Headline Trends for Media General (NYSE:MEG)
Latest Headlines for Media General (NYSE:MEG)
Source:
DateHeadline
americanbankingnews.com logoMedia General's (MEG) "Buy" Rating Reiterated at Royal Bank Of Canada
www.americanbankingnews.com - October 16 at 4:46 PM
finance.yahoo.com logoMuse John R Buys Nexstar Media Group, Sells Media General
finance.yahoo.com - October 6 at 10:21 AM
finance.yahoo.com logoNexstar Broadcasting, Inc. -- Moody's assigns Ba3 to credit facility - ratings unchanged on repricing and extension
finance.yahoo.com - October 6 at 10:21 AM
marketwatch.com logoWhat we know about Uber’s apparent CEO pick Dara Khosrowshahi
www.marketwatch.com - August 28 at 3:22 PM
americanbankingnews.com logoTribune Media (TRCO) and Media General (MEG) Head to Head Survey
www.americanbankingnews.com - August 28 at 12:26 PM
americanbankingnews.com logoContrasting Media General (MEG) & News Corporation (NWSA)
www.americanbankingnews.com - August 27 at 6:08 PM
americanbankingnews.com logoHead-To-Head Comparison: Media General (MEG) vs. News Corporation (NWSA)
www.americanbankingnews.com - August 17 at 6:18 PM
americanbankingnews.com logoMedia General (MEG) versus News Corporation (NWSA) Head-To-Head Comparison
www.americanbankingnews.com - August 15 at 12:48 PM
americanbankingnews.com logoGrupo Televisa (TV) & Media General (MEG) Head-To-Head Contrast
www.americanbankingnews.com - August 5 at 8:30 AM
americanbankingnews.com logoCritical Comparison: Grupo Televisa (TV) & Media General (MEG)
www.americanbankingnews.com - August 3 at 10:16 AM
americanbankingnews.com logoHead to Head Review: Media General (NYSE:MEG) and Grupo Televisa (TV)
www.americanbankingnews.com - July 30 at 8:22 PM
americanbankingnews.com logoReviewing News Corporation (NWSA) and Media General (NYSE:MEG)
www.americanbankingnews.com - July 30 at 12:21 PM
americanbankingnews.com logoHead to Head Contrast: News Corporation (NWSA) vs. Media General (NYSE:MEG)
www.americanbankingnews.com - July 29 at 10:11 AM
americanbankingnews.com logoMedia General (MEG) vs. Grupo Televisa (TV) Critical Contrast
www.americanbankingnews.com - July 13 at 10:26 AM
seekingalpha.com logoNexstar Media Group (NXST) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 6:33 PM
thestreet.com logoBids in Groundbreaking Wireless Spectrum Auction Top $18 Billion
www.thestreet.com - January 25 at 5:23 AM
bizjournals.com logoIrving company completes $4.6B merger, becomes 2nd largest TV broadcaster
www.bizjournals.com - January 17 at 11:58 PM
streetinsider.com logoNexstar Broadcasting (NXST) Completes Acquisition of Media General (MEG)
www.streetinsider.com - January 17 at 6:51 PM
biz.yahoo.com logoMEDIA 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
seekingalpha.com logoGray Television, Graham Media buy stations in Nexstar/Media General deal
seekingalpha.com - January 17 at 6:21 PM
seekingalpha.com logoNexstar closes $4.6B Media General deal, creating No. 2 broadcaster
seekingalpha.com - January 17 at 5:57 PM
seekingalpha.com logoNexstar, Media General sharply higher as FCC approves merger
seekingalpha.com - January 11 at 1:18 PM
streetinsider.com logoMedia General (MEG) Subsidiary LIN Television Withdrawals Change of Control Offer
www.streetinsider.com - December 28 at 10:23 AM
seekingalpha.com logoAmid low uptake, Media General extends note purchase offer again
seekingalpha.com - December 22 at 12:48 PM
seekingalpha.com logoMedia General extends LIN Television note purchase offer
seekingalpha.com - December 8 at 2:03 PM
nasdaq.com logoMedia General Q3 Loss Widens - Quick Facts
www.nasdaq.com - November 9 at 8:24 AM
seekingalpha.com logoWith FCC tied up in auction, Nexstar's Sook eager to wrap Media General deal
seekingalpha.com - October 6 at 8:42 PM
nasdaq.com logoWall Street Abuzz with Rumors: Will Disney Acquire Netflix?
www.nasdaq.com - October 4 at 10:52 AM
seekingalpha.com logoNexstar locks down $2.75B loan, key piece in Media General buyout
seekingalpha.com - September 27 at 8:27 PM
investopedia.com logoMedia General + Taboola = Potential Revenue (MEG)
www.investopedia.com - September 15 at 4:06 PM

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Chart

Media General (MEG) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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