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

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$9.33 -0.37 (-3.81 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$9.70
Today's Range$9.29 - $9.70
52-Week Range$9.29 - $19.10
Volume755,852 shs
Average Volume477,543 shs
Market Capitalization$564.74 million
P/E Ratio25.54
Dividend Yield15.67%
Beta1.15
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. Its principal products also comprise 77 business publications; and UpCurve Cloud and ThriveHive, which provides digital marketing and business services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it 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 commercial printing services for publishers; and prints commercial materials, including flyers, business cards, and invitations. Additionally, the company produces approximately 350 annual events with a collective attendance approximately 400,000, such as themed expo, signature event, endurance event, and white label event services; and provides digital and print advertising services. It reaches approximately 22 million people per week; and serves approximately 199,000 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

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$1.6691 per share
Book Value$11.33 per share

Profitability

Net Income$18.20 million

Miscellaneous

Employees10,638
Market Cap$564.74 million
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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 Friday, May 3rd. Stockholders of record on Monday, May 13th will be paid a dividend of $0.38 per share on Wednesday, May 22nd. This represents a $1.52 annualized dividend and a dividend yield of 16.29%. The ex-dividend date of this dividend is Friday, May 10th. 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 authorized a share repurchase plan on Sunday, June 4th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 15.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

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

New Media Investment Group Inc (NYSE:NEWM) announced its earnings results on Thursday, May, 2nd. The company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). The business earned $387.60 million during the quarter. New Media Investment Group had a return on equity of 3.12% and a net margin of 0.62%. The firm's revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.01) 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, August 1st 2019. View Earnings Estimates 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for New Media Investment Group.

Has New Media Investment Group been receiving favorable news coverage?

Press coverage about NEWM stock has been trending negative on Wednesday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. New Media Investment Group earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.28%), Dimensional Fund Advisors LP (7.70%), Acadian Asset Management LLC (3.27%), Wells Fargo & Company MN (2.42%), Robeco Institutional Asset Management B.V. (1.45%) and Northern Trust Corp (1.32%). 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 Renaissance Technologies LLC, AJO LP, Acadian Asset Management LLC, BlackRock Inc., Cowen Prime Services LLC, Corrado Advisors LLC, BBT Capital Management LLC and Wells Fargo & Company MN. 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 Robeco Institutional Asset Management B.V., Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Morgan Stanley, Geode Capital Management LLC, BlueMountain Capital Management LLC, Dynamic Technology Lab Private Ltd and Summit Global Investments. 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 $9.33.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $564.74 million and generates $1.53 billion in revenue each year. New Media Investment Group employs 10,638 workers across the globe.

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:  266 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  552
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 5/22/2019 by MarketBeat.com Staff

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