NYSE:NEWM - New Media Investment Group Stock Price, News & Analysis

$8.46
-0.04 (-0.47 %)
(As of 08/20/2019 04:00 PM ET)
Today's Range
$8.29
Now: $8.46
$8.50
50-Day Range
$7.46
MA: $9.33
$10.78
52-Week Range
$7.08
Now: $8.46
$16.25
Volume1.91 million shs
Average Volume821,077 shs
Market Capitalization$511.68 million
P/E Ratio32.69
Dividend Yield17.88%
Beta1.17
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. Read More…

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$1.7736 per share
Book Value$11.90 per share

Profitability

Net Income$18.20 million

Miscellaneous

Employees10,638
Market Cap$511.68 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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

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."

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

New Media Investment Group declared a quarterly dividend on Monday, August 5th. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.38 per share on Wednesday, August 28th. This represents a $1.52 dividend on an annualized basis and a yield of 17.97%. The ex-dividend date is Monday, August 19th. View New Media Investment Group's Dividend History.

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

New Media Investment Group Inc (NYSE:NEWM) released its quarterly earnings results on Wednesday, October, 31st. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.24. The business earned $380.42 million during the quarter, compared to analyst estimates of $398.45 million. New Media Investment Group had a return on equity of 2.09% and a net margin of 0.05%. The firm's revenue was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.04) EPS. View New Media Investment Group's Earnings History.

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

New Media Investment Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for New Media Investment Group.

What price target have analysts set for NEWM?

1 Wall Street analysts have issued 12 month price targets for New Media Investment Group's shares. Their forecasts range from $11.00 to $11.00. On average, they expect New Media Investment Group's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for New Media Investment Group.

What is the consensus analysts' recommendation for 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.

Has New Media Investment Group been receiving favorable news coverage?

Media headlines about NEWM stock have been trending positive this week, InfoTrie reports. The research firm scores the sentiment of media 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 five, with scores nearest to five being the most favorable. New Media Investment Group earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for New Media Investment Group.

Who are some of New Media Investment Group's key 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 folowing 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)

Who are New Media Investment Group's major shareholders?

New Media Investment Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.55%), Vanguard Group Inc. (9.89%), Cooperman Leon G (5.85%), Invesco Ltd. (3.38%), Acadian Asset Management LLC (2.96%) and Bank of New York Mellon Corp (2.94%). Company insiders that own New Media Investment Group stock include Gregory William Freiberg, Kirk A Davis, Laurence Tarica and Michael Reed. View Institutional Ownership Trends for New Media Investment Group.

Which major investors are selling New Media Investment Group stock?

NEWM stock was sold by a variety of institutional investors in the last quarter, including United Capital Financial Advisers LLC, Vanguard Group Inc., Morgan Stanley, Acadian Asset Management LLC, Shikiar Asset Management Inc., State Board of Administration of Florida Retirement System, Pinebridge Investments L.P. and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for New Media Investment Group.

Which major investors are buying New Media Investment Group stock?

NEWM stock was acquired by a variety of institutional investors in the last quarter, including Cooperman Leon G, Invesco Ltd., Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Nuveen Asset Management LLC, BlackRock Inc., Robeco Institutional Asset Management B.V. and Charles Schwab Investment Management Inc.. Company insiders that have bought New Media Investment Group stock in the last two years include Kirk A Davis, Laurence Tarica and Michael Reed. View Insider Buying and Selling 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, Scottrade, 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 $8.46.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $511.68 million and generates $1.53 billion in revenue each year. New Media Investment Group employs 10,638 workers across the globe.View Additional Information About New Media Investment Group.

What is New Media Investment Group's official website?

The official website for New Media Investment Group is http://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]


MarketBeat Community Rating for New Media Investment Group (NYSE NEWM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  578
MarketBeat's community ratings are surveys of what our community members think about New Media Investment Group and other stocks. Vote "Outperform" if you believe NEWM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEWM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2019 by MarketBeat.com Staff

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