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NYSE:NEWMNew Media Investment Group Stock Price, Forecast & News

$1.37
-0.05 (-3.52 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$1.33
Now: $1.37
$1.48
50-Day Range
$0.64
MA: $1.16
$2.35
52-Week Range
$6.28
Now: $1.37
$14.11
Volume3.47 million shs
Average Volume1.68 million shs
Market Capitalization$82.86 million
P/E Ratio212.00
Dividend Yield23.90%
Beta1.12
New Media Investment Group Inc. invests in, owns, and operates local media assets in the United States. The company's principal products include 146 daily newspapers with total paid circulation of approximately 1.5 million; 323 weekly newspapers with total paid circulation of approximately 268,000 and total free circulation of approximately 1.4 million; 132 shoppers with total circulation of approximately 3.1 million; and 581 locally-focused Websites, including Internet and mobile devices with approximately 364 million page views per month. Its principal products also comprise 77 business publications; and UpCurve Cloud and ThriveHive, which provides digital marketing and business services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it offers print and online products that offer local market news and information on various topics comprising local news and politics, community and regional events, youth sports, opinion and editorial pages, local schools, obituaries, weddings, and police reports, as well as commercial printing services for publishers; and prints commercial materials, including flyers, business cards, and invitations. Additionally, the company produces approximately 350 annual events with a collective attendance approximately 400,000, such as themed expo, signature event, endurance event, and white label event services; and provides digital and print advertising services. It reaches approximately 22 million people per week; and serves approximately 199,000 business customers. New Media Investment Group Inc. was founded in 1997 and is based in New York, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.03 out of 5 stars


Industry, Sector and Symbol

Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone212-479-3160

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$0.38 per share
Book Value$11.90 per share

Profitability

Net Income$18.20 million

Miscellaneous

Employees10,638
Market Cap$82.86 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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New Media Investment Group (NYSE:NEWM) Frequently Asked Questions

How has New Media Investment Group's stock been impacted by COVID-19 (Coronavirus)?

New Media Investment Group's stock was trading at $3.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NEWM stock has decreased by 61.2% and is now trading at $1.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of New Media Investment Group?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Media Investment Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for New Media Investment Group.

When is New Media Investment Group's next earnings date?

New Media Investment Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for New Media Investment Group.

How were New Media Investment Group's earnings last quarter?

New Media Investment Group Inc (NYSE:NEWM) issued its quarterly earnings results on Thursday, October, 31st. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.43. The firm had revenue of $376.60 million for the quarter. New Media Investment Group had a negative net margin of 0.73% and a positive return on equity of 0.17%. The firm's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.10) EPS. View New Media Investment Group's earnings history.

How often does New Media Investment Group pay dividends? What is the dividend yield for New Media Investment Group?

New Media Investment Group announced a quarterly dividend on Wednesday, October 16th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.38 per share on Tuesday, November 12th. This represents a $1.52 dividend on an annualized basis and a yield of 110.95%. The ex-dividend date is Thursday, October 31st. View New Media Investment Group's dividend history.

What price target have analysts set for NEWM?

1 Wall Street analysts have issued 12 month target prices for New Media Investment Group's stock. Their forecasts range from $11.00 to $11.00. On average, they anticipate New Media Investment Group's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 702.9% from the stock's current price. View analysts' price targets for New Media Investment Group.

Has New Media Investment Group been receiving favorable news coverage?

News stories about NEWM stock have trended extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Media Investment Group earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutNew Media Investment Group.

Who are some of New Media Investment Group's key competitors?

Some companies that are related to New Media Investment Group include Gannett (GCI), Lee Enterprises (LEE), A. H. Belo (AHC), The McClatchy (MNIQQ) and Rediff.com India (REDFY). View all competitors.

What other stocks do shareholders of New Media Investment Group own?

Who are New Media Investment Group's key executives?

New Media Investment Group's management team includes the following people:
  • Mr. Michael E. Reed, Chairman, CEO & Pres (Age 53)
  • Mr. Kirk A. Davis, Chief Operating Officer (Age 57)
  • Ms. Ashley Higgins, Investor Relations
  • Ms. Polly Grunfeld Sack Esq., Sr. VP, Sec. & Gen. Counsel of GateHouse Media LLC (Age 59)
  • Mr. Cameron D. MacDougall Esq., Sec. (Age 43)

What is New Media Investment Group's stock symbol?

New Media Investment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEWM."

Who are New Media Investment Group's major shareholders?

New Media Investment Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.08%). Company insiders that own New Media Investment Group stock include Gregory William Freiberg, Kevin M Sheehan, Kirk A Davis, Laurence Tarica, Maria M Miller and Michael Reed. View institutional ownership trends for New Media Investment Group.

Which institutional investors are selling New Media Investment Group stock?

NEWM stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC. View insider buying and selling activity for New Media Investment Group.

How do I buy shares of New Media Investment Group?

Shares of NEWM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is New Media Investment Group's stock price today?

One share of NEWM stock can currently be purchased for approximately $1.37.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $82.86 million and generates $1.53 billion in revenue each year. New Media Investment Group employs 10,638 workers across the globe.

What is New Media Investment Group's official website?

The official website for New Media Investment Group is www.newmediainv.com.

How can I contact New Media Investment Group?

New Media Investment Group's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The company can be reached via phone at 212-479-3160 or via email at [email protected]

This page was last updated on 5/27/2020 by MarketBeat.com Staff

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