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

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

New Media Investment Group declared a quarterly dividend on Wednesday, October 16th. Shareholders of record on Friday, November 1st will be given a dividend of $0.38 per share on Tuesday, November 12th. This represents a $1.52 annualized dividend and a dividend yield of 25.81%. The ex-dividend date is Thursday, October 31st. View New Media Investment Group's Dividend History.

New Media Investment Group Inc (NYSE:NEWM) announced its quarterly earnings results on Thursday, October, 31st. The company reported ($0.31) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.43. The business had revenue of $376.60 million for the quarter. New Media Investment Group had a positive return on equity of 0.17% and a negative net margin of 0.73%. New Media Investment Group's quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.10) EPS. View New Media Investment Group's Earnings History.

New Media Investment Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for New Media Investment Group.

1 equities research analysts have issued 1-year price objectives 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 86.8% from the stock's current price. View Analyst Price Targets 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.

News headlines about NEWM stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 news impact score of 0.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for New Media Investment Group.

New Media Investment Group saw a decline in short interest in the month of October. As of October 15th, there was short interest totalling 21,760,000 shares, a decline of 5.7% from the September 15th total of 23,070,000 shares. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is currently 11.2 days. Approximately 36.9% of the shares of the company are sold short. View New Media Investment Group's Current Options Chain.

Some companies that are related to New Media Investment Group include Tribune Publishing (TPCO), Daily Journal (DJCO), Gannett (GCI), Lee Enterprises (LEE), A. H. Belo (AHC) and Rediff.com India (REDFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other New Media Investment Group investors own include Energy Transfer LP Unit (ET), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), New Residential Investment (NRZ), NGL Energy Partners (NGL), CBL & Associates Properties (CBL), Centurylink (CTL), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM) and Martin Midstream Partners (MMLP).

New Media Investment Group's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.14%), Millennium Management LLC (1.37%), Robeco Institutional Asset Management B.V. (1.10%), Man Group plc (0.85%), Squarepoint Ops LLC (0.52%) and Gilman Hill Asset Management LLC (0.46%). 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.

NEWM stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Shufro Rose & Co. LLC, State Street Corp, Barclays PLC, Gilman Hill Asset Management LLC, Shikiar Asset Management Inc., Texas Permanent School Fund and Atlantic Union Bankshares Corp. View Insider Buying and Selling for New Media Investment Group.

NEWM stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Man Group plc, Squarepoint Ops LLC, 6 Meridian, 6 Meridian, Nisa Investment Advisors LLC, Virginia Retirement Systems ET AL and Alberta Investment Management Corp. Company insiders that have bought New Media Investment Group stock in the last two years include Kevin M Sheehan, Kirk A Davis, Laurence Tarica, Maria M Miller and Michael Reed. View Insider Buying and Selling for 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.

One share of NEWM stock can currently be purchased for approximately $5.89.

New Media Investment Group has a market capitalization of $356.23 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.

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

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]