About Media General (NYSE:MEG)
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 Broadcasting - TV
Trailing P/E Ratio-38.5625
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity6.92%
Return on Assets2.28%
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) released its quarterly earnings results on Friday, August, 5th. The company reported $0.14 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.02. The business 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 firm's revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the company earned $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 2018?
2 Wall Street analysts have issued 12-month target prices for Media General's stock. Their predictions range from $7.50 to $8.00. On average, they expect Media General's share price to reach $7.75 in the next year. View Analyst Ratings for Media General.
Who are some of Media General's key competitors?
Some companies that are related to Media General include Electrolux (ELUXY), Comcast (CMCSA), Walt Disney (DIS), Netflix (NFLX), Naspers (NPSNY), Nike (NKE), Charter Communications (CHTR), Time Warner (TWX), Twenty-First Century Fox (FOXA), Twenty-First Century Fox (FOX), Nintendo (NTDOY), Sony (SNE), Las Vegas Sands (LVS), Activision Blizzard (ATVI), Marriott International (MAR), adidas (ADDYY), Sands China (SCHYY) and Electronic Arts (EA).
Has Media General been receiving favorable news coverage?
News articles about MEG stock have been trending positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Media General earned a daily sentiment score of 0.38 on Accern's scale. They also assigned press coverage about the company an impact score of 46.08 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
MarketBeat Community Rating for Media General (MEG)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.
Media General (NYSE:MEG) Earnings History and Estimates Chart
Media General (NYSE MEG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/9/2016||Q316||$0.32||$0.35||$404.62 million||$377.00 million||View||N/A|
|8/5/2016||Q2||$0.16||$0.14||$365.85 million||$363.00 million||View||N/A|
|5/6/2016||Q116||$0.04||($0.20)||$340.17 million||$343.00 million||View||N/A|
|2/26/2016||Q415||$0.22||$0.12||$372.72 million||$366.00 million||View||Listen|
|11/5/2015||Q315||$0.03||$0.03||$323.13 million||$322.00 million||View||N/A|
|8/6/2015||Q215||$0.06||$0.04||$325.96 million||$321.00 million||View||N/A|
|5/7/2015||Q115||($0.03)||($0.03)||$300.10 million||$297.00 million||View||N/A|
|2/26/2015||Q414||$0.31||$0.29||$192.98 million||$217.00 million||View||N/A|
|11/6/2014||Q314||$0.21||$0.18||$164.40 million||$160.20 million||View||N/A|
|8/5/2014||Q114||$0.16||$0.12||$153.33 million||$154.10 million||View||N/A|
|4/28/2014||Q1 2014||$0.09||$143.92 million||View||N/A|
|2/27/2014||Q4 2013||$0.02||$109.99 million||View||N/A|
|8/8/2013||Q2 2013||($0.35)||$82.02 million||View||Listen|
|4/24/2013||Q1 2013||($0.60)||$73.94 million||View||N/A|
Media General (NYSE:MEG) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Media General (NYSE:MEG)
No dividend announcements for this company have been tracked by MarketBeat.com
Media General (NYSE MEG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 90.77%
Media General (NYSE MEG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/15/2016||General L.P. Standard||Director||Sell||794,289||$18.35||$14,575,203.15|| |
|12/12/2016||Deborah A Mcdermott||VP||Sell||4,545||$18.75||$85,218.75||3,545|| |
|9/8/2016||Deborah A Mcdermott||VP||Sell||4,000||$17.90||$71,600.00||4,545|| |
|6/21/2016||John R Muse||Director||Sell||7||$17.56||$122.92||70,174|| |
|6/20/2016||John R Muse||Director||Sell||7,995||$17.55||$140,312.25||70,174|| |
|6/15/2016||John R Muse||Director||Sell||1,211,478||$17.94||$21,733,915.32||96,522|| |
|6/13/2016||John R Muse||Director||Sell||83,500||$17.70||$1,477,950.00||98,917|| |
|3/16/2016||Deborah A Mcdermott||COO||Sell||4,495||$16.70||$75,066.50||12,040|| |
|3/4/2016||General L.P. Standard||Major Shareholder||Sell||7,000,000||$16.51||$115,570,000.00|| |
|3/2/2016||James F Woodward||CFO||Sell||1,431||$16.87||$24,140.97||32,014|| |
|3/2/2016||Vincent L Sadusky||CEO||Sell||16,288||$16.87||$274,778.56||900,112|| |
|2/29/2016||Andrew C Carington||VP||Sell||1,323||$16.38||$21,670.74||10,620|| |
|2/29/2016||Deborah A Mcdermott||COO||Sell||4,892||$16.38||$80,130.96||13,449|| |
|2/29/2016||Timothy J Mulvaney||CAO||Sell||288||$16.38||$4,717.44||9,265|| |
|12/17/2014||James R Conschafter||VP||Sell||12,333||$17.00||$209,661.00|| |
|9/2/2014||Timothy J Mulvaney||CAO||Sell||2,533||$15.52||$39,312.16|| |
|12/12/2013||Marshall N Morton||Chairman||Sell||41,214||$21.38||$881,155.32|| |
|8/27/2013||Marshall N Morton||Chairman||Sell||27,437||$10.42||$285,893.54|| |
|8/14/2013||John R Cottingham||VP||Sell||6,000||$10.28||$61,680.00|| |
|8/13/2013||Marshall N Morton||Chairman||Sell||75,907||$10.54||$800,059.78|| |
|10/24/2012||Coleman Wortham III||Director||Buy||18,000||$4.25||$76,500.00|| |
|9/24/2012||Wyndham Robertson||Director||Buy||10,000||$5.16||$51,600.00|| |
Media General (NYSE MEG) News Headlines
Media General (NYSE:MEG) SEC Filings
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Media General (NYSE:MEG) Income Statement, Balance Sheet and Cash Flow Statement
Media General (NYSE MEG) Stock Chart for Saturday, March, 24, 2018