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New Media Investment Group Stock Price, Forecast & Analysis (NYSE:NEWM)

$6.68
-0.45 (-6.31 %)
(As of 11/14/2019 02:21 AM ET)
Today's Range
$6.58
Now: $6.68
$7.16
50-Day Range
$6.76
MA: $8.52
$9.38
52-Week Range
$6.58
Now: $6.68
$14.11
Volume2.69 million shs
Average Volume1.00 million shs
Market Capitalization$404.01 million
P/E Ratio251.33
Dividend Yield21.32%
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. 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$1.58 per share
Book Value$11.90 per share

Profitability

Net Income$18.20 million

Miscellaneous

Employees10,638
Market Cap$404.01 million
Next Earnings Date2/26/2020 (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 announced a quarterly dividend on Wednesday, October 16th. Investors 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 dividend on an annualized basis and a yield of 22.75%. The ex-dividend date of this dividend is Thursday, October 31st. 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 earnings results on Thursday, October, 31st. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.43. The company 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%. The business's revenue was down 1.0% compared to the same quarter last year. During the same period last year, the business earned ($0.10) earnings per share. 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, February 26th 2020. View Earnings Estimates for New Media Investment Group.

What price target have analysts set for NEWM?

1 brokers have issued twelve-month price objectives for New Media Investment Group's shares. 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 64.7% 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?

News stories about NEWM stock have been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. New Media Investment Group earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for New Media Investment Group.

Are investors shorting 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 daily trading volume, of 1,950,000 shares, the short-interest ratio is currently 11.2 days. Approximately 36.9% of the company's stock are short sold. View New Media Investment Group's Current Options Chain.

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

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

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 many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (1.10%), Gilman Hill Asset Management LLC (0.46%), Rhumbline Advisers (0.32%), Russell Investments Group Ltd. (0.31%), Janney Montgomery Scott LLC (0.24%) and Nisa Investment Advisors LLC (0.22%). Company insiders that own New Media Investment Group stock include Gregory William Freiberg, Kevin M Sheehan, 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 Robeco Institutional Asset Management B.V., Shufro Rose & Co. LLC, Gilman Hill Asset Management LLC, Shikiar Asset Management Inc., Texas Permanent School Fund, Atlantic Union Bankshares Corp, Nwam LLC and Pacer Advisors Inc.. View Insider Buying and Selling for New Media Investment Group.

Which major investors are buying New Media Investment Group stock?

NEWM stock was bought by a variety of institutional investors in the last quarter, including 6 Meridian, 6 Meridian, Nisa Investment Advisors LLC, Virginia Retirement Systems ET AL, Alberta Investment Management Corp, California Public Employees Retirement System, Equitec Specialists LLC and Russell Investments Group Ltd.. Company insiders that have bought New Media Investment Group stock in the last two years include Kevin M Sheehan, 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, 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 $6.68.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $404.01 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:  292 (Vote Outperform)
Underperform Votes:  305 (Vote Underperform)
Total Votes:  597
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 11/14/2019 by MarketBeat.com Staff

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