New Media Investment Group Company Profile (NYSE:NEWM)

About New Media Investment Group (NYSE:NEWM)

New Media Investment Group logoNew Media Investment Group Inc. is a holding company. The Company owns, operates and invests in local media assets. The Company's segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets. It is a publisher of local newspapers and related publications. As of December 25, 2016, its portfolio of media assets spanned across 538 markets and 36 states. As of December 25, 2016, its products included 631 community print publications, 538 Websites and two yellow page directories. Its directory portfolio includes Surewest Directories located in and around the Sacramento, California area, primarily in Roseville, California. The Roseville directory serves the local Roseville community. It also owns additional directory based in Mt. Shasta, California. Propel is its business services product line with digital products designed for small and midsized businesses (SMBs).

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Consumer Publishing - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:NEWM
  • CUSIP: N/A
  • Web: www.newmediainv.com
Capitalization:
  • Market Cap: $728.08 million
  • Outstanding Shares: 53,614,000
Average Prices:
  • 50 Day Moving Avg: $13.39
  • 200 Day Moving Avg: $14.22
  • 52 Week Range: $11.87 - $19.89
P/E:
  • Trailing P/E Ratio: 28.00
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.26 billion
  • Price / Sales: 0.58
  • Book Value: $13.76 per share
  • Price / Book: 0.99
Dividend:
  • Annual Dividend: $1.40
  • Dividend Yield: 10.3%
Profitability:
  • EBIDTA: $141.21 million
  • Net Margins: 1.82%
  • Return on Equity: 4.19%
  • Return on Assets: 2.30%
Debt:
  • Debt-to-Equity Ratio: 0.46%
  • Current Ratio: 1.82%
  • Quick Ratio: 1.72%
Misc:
  • Average Volume: 423,817 shs.
  • Beta: 1.27
  • Short Ratio: 7.88
 
Frequently Asked Questions for New Media Investment Group (NYSE:NEWM)

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 Thursday, April 27th. Shareholders of record on Wednesday, May 10th will be paid a dividend of $0.35 per share on Thursday, May 18th. This represents a $1.40 annualized dividend and a yield of 10.31%. The ex-dividend date of this dividend is Monday, May 8th. View New Media Investment Group's Dividend History.

How will New Media Investment Group's stock buyback program work?

New Media Investment Group announced that its board has authorized a stock repurchase program on Sunday, June 4th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 15.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

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

New Media Investment Group Inc. (NYSE:NEWM) issued its quarterly earnings data on Thursday, April, 27th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.29. The business earned $307.50 million during the quarter, compared to the consensus estimate of $297.40 million. New Media Investment Group had a net margin of 1.82% and a return on equity of 4.19%. The company's revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $0.11 EPS. View New Media Investment Group's Earnings History.

Where is New Media Investment Group's stock going? Where will New Media Investment Group's stock price be in 2017?

4 equities research analysts have issued 12 month price targets for New Media Investment Group's stock. Their predictions range from $13.00 to $20.00. On average, they anticipate New Media Investment Group's share price to reach $17.33 in the next twelve months. View Analyst Ratings for New Media Investment Group.

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

Who are New Media Investment Group's key executives?

New Media Investment Group's management team includes the folowing people:

  • Wesley Robert Edens, Chairman of the Board
  • Michael E. Reed, Chief Executive Officer, Director
  • Gregory W. Freiberg, Chief Financial Officer, Chief Accounting Officer
  • Kirk Davis, Chief Operating Officer
  • Theodore P. Janulis, Independent Director
  • Kevin Michael Sheehan, Independent Director
  • Laurence Tarica, Independent Director

Who owns New Media Investment Group stock?

New Media Investment Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Berson & Corrado Investment Advisors LLC (0.48%), North Star Investment Management Corp. (0.11%), Capstone Asset Management Co. (0.04%), Louisiana State Employees Retirement System (0.04%), Nisa Investment Advisors LLC (0.03%) and Aperio Group LLC (0.03%). Company insiders that own New Media Investment Group stock include Gregory William Freiberg, Laurence Tarica, Leon G Cooperman and Michael Reed. View Institutional Ownership Trends for New Media Investment Group.

Who sold New Media Investment Group stock? Who is selling New Media Investment Group stock?

New Media Investment Group's stock was sold by a variety of institutional investors in the last quarter, including Berson & Corrado Investment Advisors LLC, Aperio Group LLC and Capstone Asset Management Co.. View Insider Buying and Selling for New Media Investment Group.

Who bought New Media Investment Group stock? Who is buying New Media Investment Group stock?

New Media Investment Group's stock was purchased by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Nisa Investment Advisors LLC and State of Alaska Department of Revenue. Company insiders that have bought New Media Investment Group stock in the last two years include Gregory William Freiberg, Laurence Tarica, Leon G Cooperman and Michael Reed. View Insider Buying and Selling for New Media Investment Group.

How do I buy New Media Investment Group stock?

Shares of New Media Investment Group 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 New Media Investment Group's stock price today?

One share of New Media Investment Group stock can currently be purchased for approximately $13.58.


MarketBeat Community Rating for New Media Investment Group (NYSE NEWM)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  103 (Vote Underperform)
Total Votes:  204
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 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 New Media Investment Group (NYSE:NEWM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $17.33 (27.64% upside)

Analysts' Ratings History for New Media Investment Group (NYSE:NEWM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017StephensUpgradeEqual Weight -> OverweightLowView Rating Details
9/29/2016Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
8/24/2016Citigroup Inc.DowngradeNeutral -> Sell$17.00 -> $13.00N/AView Rating Details
7/29/2016Compass PointDowngradeBuy -> Neutral$21.00 -> $20.00N/AView Rating Details
3/22/2016M PartnersReiterated RatingBuyN/AView Rating Details
(Data available from 7/23/2015 forward)

Earnings

Earnings History for New Media Investment Group (NYSE:NEWM)
Earnings by Quarter for New Media Investment Group (NYSE:NEWM)
Earnings History by Quarter for New Media Investment Group (NYSE NEWM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.22($0.07)$297.40 million$307.50 millionViewN/AView Earnings Details
2/21/2017Q416$0.44$0.31$324.40 million$333.60 millionViewListenView Earnings Details
10/27/2016Q316$0.13$0.06$308.80 million$306.80 millionViewListenView Earnings Details
7/28/2016Q216$0.29$0.21$311.88 million$314.80 millionViewListenView Earnings Details
4/28/2016Q116$0.03$0.11$300.66 million$300.10 millionViewListenView Earnings Details
2/25/2016Q415$0.39$1.26$327.62 million$333.60 millionViewListenView Earnings Details
10/29/2015Q315$0.21$0.14$296.41 million$312.10 millionViewListenView Earnings Details
7/30/2015Q215$0.30$0.25$284.62 million$299.50 millionViewListenView Earnings Details
4/30/2015Q115($0.03)$0.03$215.62 million$250.60 millionViewN/AView Earnings Details
2/26/2015Q414$0.14$0.31$189.63 million$186.80 millionViewN/AView Earnings Details
10/30/2014Q314$0.06$0.14$159.60 million$165.10 millionViewN/AView Earnings Details
7/31/2014Q214$0.20$0.25$155.74 million$158.40 millionViewN/AView Earnings Details
3/19/2014Q413$0.17$0.90$157.23 million$160.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Media Investment Group (NYSE:NEWM)
Current Year EPS Consensus Estimate: $0.88 EPS

Dividends

Current Dividend Information for New Media Investment Group (NYSE:NEWM)
Most Recent Dividend:5/18/2017
Annual Dividend:$1.40
Dividend Yield:10.31%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:274.52% (Trailing 12 Months of Earnings)
159.09% (Based on This Year's Estimates)
Infinity (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for New Media Investment Group (NYSE:NEWM)

Dividend History by Quarter for New Media Investment Group (NYSE NEWM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.3510.44%5/8/20175/10/20175/18/2017
2/21/2017quarterly$0.359.33%3/6/20173/8/20173/16/2017
10/27/2016Quarterly$0.3511/7/201611/9/201611/17/2016
7/28/2016Quarterly$0.338/8/20168/10/20168/18/2016
4/28/2016quarterly$0.335/9/20165/11/20165/19/2016
2/25/2016Quarterly$0.333/7/20163/9/20163/17/2016
10/29/2015Quarterly$0.3311/9/201511/12/201511/19/2015
7/30/2015$0.338/10/20158/12/20158/20/2015
5/1/2015quarterly$0.335.53%5/11/20155/13/20155/21/2015
3/2/2015quarterly$0.304.84%3/9/20153/11/20153/19/2015
10/30/2014quarterly$0.275.67%11/7/201411/12/201411/20/2014
8/1/2014special$0.278/8/20148/12/20148/21/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New Media Investment Group (NYSE:NEWM)
Insider Ownership Percentage: 5.34%
Institutional Ownership Percentage: 75.58%
Insider Trades by Quarter for New Media Investment Group (NYSE:NEWM)
Institutional Ownership by Quarter for New Media Investment Group (NYSE:NEWM)
Insider Trades by Quarter for New Media Investment Group (NYSE:NEWM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/1/2017Michael ReedCEOBuy40,000$13.25$530,000.00View SEC Filing  
2/23/2017Laurence TaricaDirectorBuy10,000$15.15$151,500.00View SEC Filing  
11/25/2016Laurence TaricaDirectorBuy10,000$15.90$159,000.00View SEC Filing  
11/23/2016Gregory William FreibergCFOBuy10,000$16.00$160,000.00View SEC Filing  
11/7/2016Gregory William FreibergCFOBuy85,000$15.01$1,275,850.00View SEC Filing  
11/3/2016Michael ReedCEOBuy50,000$14.34$717,000.00View SEC Filing  
8/25/2016Leon G CoopermanMajor ShareholderBuy30,000$15.40$462,000.00View SEC Filing  
5/13/2016Michael ReedCEOBuy60,000$15.90$954,000.00View SEC Filing  
5/12/2016Laurence TaricaDirectorBuy15,000$15.67$235,050.00View SEC Filing  
5/10/2016Gregory William FreibergCFOBuy25,000$16.10$402,500.00View SEC Filing  
12/1/2015Leon G CoopermanMajor ShareholderSell25,756$18.44$474,940.64View SEC Filing  
7/7/2015Leon G CoopermanMajor ShareholderBuy119,303$17.01$2,029,344.03View SEC Filing  
7/6/2015Leon G CoopermanMajor ShareholderBuy1,320$17.10$22,572.00View SEC Filing  
12/1/2014Wesley R EdensDirectorSell13,831$20.99$290,312.69View SEC Filing  
11/25/2014Laurence TaricaDirectorBuy15,000$20.43$306,450.00View SEC Filing  
9/23/2014Gregory William FreibergCFOBuy30,769$16.25$499,996.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New Media Investment Group (NYSE:NEWM)
Latest Headlines for New Media Investment Group (NYSE:NEWM)
Source:
DateHeadline
americanbankingnews.com logoTime (TIME) vs. New Media Investment Group (NYSE:NEWM) Critical Comparison
www.americanbankingnews.com - July 23 at 7:51 AM
americanbankingnews.com logoHead to Head Comparison: Time (TIME) and New Media Investment Group (NEWM)
www.americanbankingnews.com - July 22 at 8:03 AM
americanbankingnews.com logoComparing Time (TIME) and New Media Investment Group (NYSE:NEWM)
www.americanbankingnews.com - July 19 at 8:39 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 3:11 PM
finance.yahoo.com logoDenise Robbins Named SVP, Consumer Marketing for GateHouse Media
finance.yahoo.com - July 11 at 3:54 AM
finance.yahoo.com logoNew Media Schedules Second Quarter Results and Dividend Announcement
finance.yahoo.com - July 6 at 8:48 PM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - July 2 at 7:28 AM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : June 30, 2017
finance.yahoo.com - July 1 at 3:38 AM
americanbankingnews.com logoAnalyzing Time (TIME) & New Media Investment Group (NEWM)
www.americanbankingnews.com - June 28 at 2:42 PM
nasdaq.com logoHow NY Times (NYT) is Countering Soft Advertising Demand - Nasdaq - Nasdaq
www.nasdaq.com - June 27 at 11:57 PM
seekingalpha.com logoNew Media rebrands SMB unit as UpCurve - New Media (NYSE ... - Seeking Alpha
seekingalpha.com - June 27 at 6:34 AM
finance.yahoo.com logoNew Media Announces Rebranding of Propel Business Services, Changes Name to UpCurve
finance.yahoo.com - June 27 at 6:34 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NEWM) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 23 at 12:37 PM
nasdaq.com logoWill Strategic Efforts Lead Publishing Stocks to Growth? - Nasdaq.com - Nasdaq
www.nasdaq.com - June 21 at 12:59 AM
finance.yahoo.com logoNew Media Holdings II LLC -- Moody's affirms New Media CFR's at B2, assigns B2 ratings to proposed first lien credit facilities
finance.yahoo.com - June 20 at 7:52 PM
americanbankingnews.com logoNew Media Investment Group (NEWM) and Gannett Co., Inc.¿ (GCI) Head-To-Head Contrast
www.americanbankingnews.com - June 20 at 7:44 AM
nasdaq.com logoPublishing Industry Stock Outlook - June 2017 - Nasdaq
www.nasdaq.com - June 20 at 7:44 AM
bizjournals.com logoBeaver County Times sold to Gatehouse Media parent New Media ... - Columbus Business First
www.bizjournals.com - June 20 at 7:44 AM
streetinsider.com logoNew Media Investment Group (NEWM) to Acquire Calkins Media ... - StreetInsider.com
www.streetinsider.com - June 20 at 7:44 AM
seekingalpha.com logoNew Media acquire assets from Calkins Media
seekingalpha.com - June 19 at 11:12 AM
finance.yahoo.com logoNew Media Announces Agreement to Acquire Calkins Media Incorporated for $17.5 Million
finance.yahoo.com - June 19 at 11:12 AM
finance.yahoo.com logoGatehouse Media adding 3 Pittsburgh-area newspapers in latest deal
finance.yahoo.com - June 19 at 11:12 AM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 8:04 AM
finance.yahoo.com logoNew Media Investment Group, Inc. breached its 50 day moving average in a Bullish Manner : NEWM-US : June 13, 2017
finance.yahoo.com - June 13 at 8:18 AM
americanbankingnews.com logoHead-To-Head Contrast: McClatchy (MNI) & New Media Investment Group (NEWM)
www.americanbankingnews.com - June 11 at 2:22 PM
americanbankingnews.com logoGraham Holdings (GHC) and New Media Investment Group (NEWM) Head-To-Head Review
www.americanbankingnews.com - June 8 at 8:24 AM
americanbankingnews.com logoNew Media Investment Group (NEWM) Board of Directors Announces Stock Repurchase Plan
www.americanbankingnews.com - June 4 at 11:51 AM
bizjournals.com logoAnother Boston-area newspaper is selling off its real estate - Boston Business Journal
www.bizjournals.com - June 3 at 1:13 AM
finance.yahoo.com logoAnother Boston-area newspaper is selling off its real estate
finance.yahoo.com - June 2 at 8:12 PM
prnewswire.com logoHow These Services Stocks are Faring? -- Shutterfly, Pearson, Meredith, and New Media Investment - PR Newswire (press release)
www.prnewswire.com - May 30 at 7:32 AM
americanbankingnews.com logoNew Media Investment Group Inc (NEWM) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 29 at 12:46 PM
streetinsider.com logoNew Media Investment Group (NEWM) Approves $100M Buyback Plan - StreetInsider.com
www.streetinsider.com - May 17 at 6:43 PM
finance.yahoo.com logoNew Media Announces Authorization of Share Repurchase Program
finance.yahoo.com - May 17 at 6:43 PM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 6:08 PM
nasdaq.com logoNew Media Investment Group Passes Through 11% Yield Mark
www.nasdaq.com - May 12 at 7:26 PM
globenewswire.com logoMajor Shareholder notification – New Energy Investment S.à r.l.
globenewswire.com - May 12 at 12:20 AM
finance.yahoo.com logoNew Media Investment Group, Inc. : NEWM-US: Dividend Analysis : May 10th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - May 9 at 6:25 PM
americanbankingnews.com logoTheStreet Lowers New Media Investment Group Inc (NEWM) to C
www.americanbankingnews.com - May 9 at 3:16 PM
News IconMeet the new heads of Goldman Sachs' investment bank
www.businessinsider.com - May 9 at 11:35 AM
nasdaq.com logoNew Media Investment Group Inc. (NEWM) Ex-Dividend Date Scheduled for May 08, 2017 - Nasdaq
www.nasdaq.com - May 5 at 9:19 AM
nasdaq.com logoAvis Budget Group Enters Into New Cooperation Agreement With SRS Investment Management
www.nasdaq.com - May 3 at 5:49 PM
americanbankingnews.com logoPositive Media Coverage Somewhat Likely to Affect New Media Investment Group (NEWM) Stock Price
www.americanbankingnews.com - May 3 at 4:20 PM
americanbankingnews.com logoNew Media Investment Group Inc (NEWM) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 3 at 7:52 AM
americanbankingnews.com logoMichael Reed Buys 40,000 Shares of New Media Investment Group Inc (NEWM) Stock
www.americanbankingnews.com - May 2 at 9:28 PM
americanbankingnews.com logoNew Media Investment Group Inc (NEWM) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 2 at 2:48 PM
prnewswire.com logoOppenheimer & Co. Inc. announces Robin Graham as Head of Technology, Media & Communications Investment Banking
www.prnewswire.com - May 1 at 5:44 PM
finance.yahoo.com logoNew Media Investment Group, Inc. :NEWM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 12:19 PM
americanbankingnews.com logoNew Media Investment Group (NEWM) Earns Coverage Optimism Score of 0.21
www.americanbankingnews.com - April 30 at 5:21 PM
businesswire.com logoNew Media Announces Solid First Quarter 2017 Results and ... - Business Wire (press release)
www.businesswire.com - April 29 at 8:14 AM
americanbankingnews.com logoNew Media Investment Group Inc (NEWM) Releases Earnings Results, Misses Estimates By $0.29 EPS
www.americanbankingnews.com - April 29 at 1:27 AM

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Chart

New Media Investment Group (NEWM) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff