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

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$15.79 -0.21 (-1.31 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$15.79
Today's Range$15.7650 - $16.00
52-Week Range$13.29 - $19.10
Volume1.09 million shs
Average Volume437,704 shs
Market Capitalization$946 million
P/E Ratio29.24
Dividend Yield9.24%
Beta1.08
New Media Investment Group logoNew Media Investment Group Inc. invests in, owns, and operates local media assets in the United States. The company's principal products include 142 daily newspapers with total paid circulation of approximately 1.5 million; 326 weekly newspapers with total paid circulation of approximately 318,000 and total free circulation of approximately 2.0 million; 140 shoppers with total circulation of approximately 3.5 million; and 569 locally-focused Websites, including Internet and mobile devices with approximately 290 million page views per month. Its principal products also comprise 2 yellow page directories with a distribution of approximately 290,000 that cover a population of approximately 419,000 people; 70 business publications; and UpCurve Cloud and ThriveHive digital marketing services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it produces approximately 250 annual events with a collective attendance approximately 300,000, such as themed expo, signature event, and white label event services. Additionally, the company 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 print and digital marketing products, and commercial printing services. It reaches approximately 22 million people per week; and serves approximately 215,000 business customers. New Media Investment Group Inc. was founded in 1997 and is based in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
SymbolNYSE:NEWM
CUSIPN/A
Phone212-479-3160

Debt

Debt-to-Equity Ratio0.52
Current Ratio1.32
Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio29.24
Forward P/E Ratio19.02
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.34 billion
Price / Sales0.71
Cash Flow$2.4710 per share
Price / Cash6.39
Book Value$12.67 per share
Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$-910,000.00
Net Margins2.46%
Return on Equity5.60%
Return on Assets2.92%

Miscellaneous

Employees10,516
Outstanding Shares60,290,000
Market Cap$946 million

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 Thursday, August 2nd. Stockholders of record on Monday, August 13th will be paid a dividend of $0.37 per share on Tuesday, August 21st. This represents a $1.48 annualized dividend and a dividend yield of 9.37%. The ex-dividend date is Friday, August 10th. This is a positive change from New Media Investment Group's previous quarterly dividend of $0.33. 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 of Directors has initiated a stock buyback program on Sunday, June 4th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 15.8% of its shares through open market purchases. Shares 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) posted its earnings results on Thursday, August, 2nd. The company reported $0.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.04. The business earned $388.80 million during the quarter, compared to analyst estimates of $367.84 million. New Media Investment Group had a return on equity of 5.60% and a net margin of 2.46%. The business's revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.41) 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 Thursday, October, 25th 2018. View Earnings Estimates 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:
  • Mr. Michael E. Reed, CEO, Pres & Director (Age 52)
  • Mr. Gregory W. Freiberg, CFO & Chief Accounting Officer (Age 51)
  • Mr. Kirk A. Davis, Chief Operating Officer (Age 56)
  • Ms. Ashley Higgins, Investor Relations
  • Ms. Polly Grunfeld Sack Esq., Sr. VP, Sec. & Gen. Counsel of GateHouse Media LLC (Age 58)

Has New Media Investment Group been receiving favorable news coverage?

Media coverage about NEWM stock has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New Media Investment Group earned a coverage optimism score of 0.07 on Accern's scale. They also assigned headlines about the company an impact score of 47.58 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for New Media Investment Group.

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 investors include BlackRock Inc. (14.17%), Dimensional Fund Advisors LP (5.83%), Acadian Asset Management LLC (3.39%), Wells Fargo & Company MN (2.80%), Bank of New York Mellon Corp (2.40%) and Renaissance Technologies LLC (1.47%). 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.

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 Royce & Associates LP, Millennium Management LLC, Thompson Siegel & Walmsley LLC, Algert Global LLC, Alambic Investment Management L.P., Berson & Corrado Investment Advisors LLC, Municipal Employees Retirement System of Michigan and BNP Paribas Arbitrage SA. 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 BlackRock Inc., Acadian Asset Management LLC, Dimensional Fund Advisors LP, Citadel Advisors LLC, American Century Companies Inc., Renaissance Technologies LLC, Laurion Capital Management LP and Wells Fargo & Company MN. 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 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 $15.79.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $946 million and generates $1.34 billion in revenue each year. The company earns $-910,000.00 in net income (profit) each year or $0.54 on an earnings per share basis. New Media Investment Group employs 10,516 workers across the globe.

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:  218 (Vote Outperform)
Underperform Votes:  232 (Vote Underperform)
Total Votes:  450
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 8/18/2018 by MarketBeat.com Staff

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