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

Sign in or create an account to add this stock to your watchlist.
$13.47 -0.23 (-1.68 %)
(As of 11/20/2018 02:40 AM ET)
Previous Close$13.70
Today's Range$13.46 - $13.74
52-Week Range$13.46 - $19.10
Volume300,600 shs
Average Volume439,088 shs
Market Capitalization$826.07 million
P/E Ratio25.11
Dividend Yield10.98%
Beta1.07
New 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.

Receive NEWM News and Ratings via Email

Sign-up to receive the latest news and ratings for NEWM and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.55
Current Ratio1.25
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio25.11
Forward P/E Ratio18.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.34 billion
Price / Sales0.61
Cash Flow$2.4140 per share
Price / Cash5.58
Book Value$12.67 per share
Price / Book1.06

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$-910,000.00
Net Margins2.08%
Return on Equity4.17%
Return on Assets2.16%

Miscellaneous

Employees10,516
Outstanding Shares60,300,000
Market Cap$826.07 million
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 announced a quarterly dividend on Thursday, November 1st. Stockholders of record on Monday, November 12th will be given a dividend of $0.38 per share on Tuesday, November 20th. This represents a $1.52 annualized dividend and a dividend yield of 11.28%. The ex-dividend date of this dividend is Thursday, November 8th. This is a positive change from New Media Investment Group's previous quarterly dividend of $0.37. View New Media Investment Group's Dividend History.

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

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

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

New Media Investment Group Inc (NYSE:NEWM) released its earnings results on Wednesday, October, 31st. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.24. The business earned $380.42 million during the quarter, compared to analysts' expectations of $398.45 million. New Media Investment Group had a return on equity of 4.17% and a net margin of 2.08%. The business's quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.04) 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 27th 2019. View Earnings Estimates for New Media Investment Group.

Has New Media Investment Group been receiving favorable news coverage?

News coverage about NEWM stock has been trending very positive on Tuesday, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. 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 daily sentiment score of 3.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

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)

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. (14.30%), Dimensional Fund Advisors LP (6.77%), Franklin Resources Inc. (6.00%), Acadian Asset Management LLC (3.73%), Wells Fargo & Company MN (2.59%) and Bank of New York Mellon Corp (2.41%). 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 Franklin Resources Inc., LSV Asset Management, Laurion Capital Management LP, Wells Fargo & Company MN, Algert Global LLC, Thompson Siegel & Walmsley LLC, Jefferies Group LLC and Renaissance Technologies LLC. 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 Mirae Asset Global Investments Co. Ltd., Dimensional Fund Advisors LP, Acadian Asset Management LLC, Advisors Asset Management Inc., Russell Investments Group Ltd., BlackRock Inc., TIAA CREF Investment Management LLC and Panagora Asset Management Inc.. Company insiders that have bought New Media Investment Group stock in the last two years include Gregory William Freiberg, 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 $13.47.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $826.07 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.

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:  243 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  507
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 11/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel