New Media Investment Group Company Profile (NYSE:NEWM)

About New Media Investment Group (NYSE:NEWM)

New Media Investment Group logoNew Media Investment Group Inc. is a holding company. The Company owns, operates and invests in local media assets. The Company's segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets. It is a publisher of local newspapers and related publications. As of December 25, 2016, its portfolio of media assets spanned across 538 markets and 36 states. As of December 25, 2016, its products included 631 community print publications, 538 Websites and two yellow page directories. Its directory portfolio includes Surewest Directories located in and around the Sacramento, California area, primarily in Roseville, California. The Roseville directory serves the local Roseville community. It also owns additional directory based in Mt. Shasta, California. Propel is its business services product line with digital products designed for small and midsized businesses (SMBs).

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Consumer Publishing - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:NEWM
  • CUSIP: N/A
  • Web: www.newmediainv.com
Capitalization:
  • Market Cap: $718.71 million
  • Outstanding Shares: 53,238,000
Average Prices:
  • 50 Day Moving Avg: $13.58
  • 200 Day Moving Avg: $13.93
  • 52 Week Range: $11.87 - $17.19
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $1.27 billion
  • Price / Sales: 0.57
  • Book Value: $13.02 per share
  • Price / Book: 1.04
Dividend:
  • Annual Dividend: $1.40
  • Dividend Yield: 10.4%
Profitability:
  • EBIDTA: $144.35 million
  • Net Margins: -0.64%
  • Return on Equity: 2.22%
  • Return on Assets: 1.22%
Debt:
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.92%
  • Quick Ratio: 1.83%
Misc:
  • Average Volume: 373,197 shs.
  • Beta: 1.27
  • Short Ratio: 10.85
 

Frequently Asked Questions for New Media Investment Group (NYSE:NEWM)

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, July 27th. Stockholders of record on Wednesday, August 9th will be given a dividend of $0.35 per share on Thursday, August 17th. This represents a $1.40 annualized dividend and a dividend yield of 10.37%. The ex-dividend date is Monday, August 7th. 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 of Directors has authorized a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 15.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

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

New Media Investment Group Inc. (NYSE:NEWM) released its quarterly earnings data on Thursday, July, 27th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of $0.18 by $0.59. The business had revenue of $322.90 million for the quarter, compared to analysts' expectations of $320.54 million. New Media Investment Group had a positive return on equity of 2.22% and a negative net margin of 0.64%. The company's revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.21 earnings per share. View New Media Investment Group's Earnings History.

When will New Media Investment Group make its next earnings announcement?

New Media Investment Group is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for New Media Investment Group.

Where is New Media Investment Group's stock going? Where will New Media Investment Group's stock price be in 2017?

3 brokerages have issued 1-year price targets for New Media Investment Group's stock. Their predictions range from $13.00 to $13.00. On average, they expect New Media Investment Group's stock price to reach $13.00 in the next twelve months. View Analyst Ratings 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:

  • Wesley Robert Edens, Chairman of the Board
  • Michael E. Reed, Chief Executive Officer, Director
  • Gregory W. Freiberg, Chief Financial Officer, Chief Accounting Officer
  • Kirk Davis, Chief Operating Officer
  • Theodore P. Janulis, Independent Director
  • Kevin Michael Sheehan, Independent Director
  • Laurence Tarica, Independent Director

Who owns New Media Investment Group stock?

New Media Investment Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.82%), Franklin Resources Inc. (9.27%), Vanguard Group Inc. (8.94%), Dimensional Fund Advisors LP (3.72%), Bank of New York Mellon Corp (2.85%) and Wells Fargo & Company MN (2.67%). 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.

Who sold New Media Investment Group stock? Who is selling New Media Investment Group stock?

New Media Investment Group's stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Thrivent Financial For Lutherans, Alliancebernstein L.P., Stanley Laman Group Ltd., Prudential Financial Inc., Stevens Capital Management LP, Berson & Corrado Investment Advisors LLC and First Trust Advisors LP. View Insider Buying and Selling for New Media Investment Group.

Who bought New Media Investment Group stock? Who is buying New Media Investment Group stock?

New Media Investment Group's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Clark Estates Inc. NY, Citadel Advisors LLC, BlackRock Inc., Schwab Charles Investment Management Inc., Cornerstone Capital Management Holdings LLC., Hancock Holding Co. and State Street Corp. 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 New Media Investment Group stock?

Shares of New Media Investment Group can be purchased through any online brokerage account. Popular online brokerages 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 New Media Investment Group stock can currently be purchased for approximately $13.50.


MarketBeat Community Rating for New Media Investment Group (NYSE NEWM)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  225
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for New Media Investment Group (NYSE:NEWM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $13.00 (3.70% downside)

Analysts' Ratings History for New Media Investment Group (NYSE:NEWM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017StephensUpgradeEqual Weight -> OverweightLowView Rating Details
9/29/2016Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
8/24/2016Citigroup Inc.DowngradeNeutral -> Sell$17.00 -> $13.00N/AView Rating Details
7/29/2016Compass PointDowngradeBuy -> Neutral$21.00 -> $20.00N/AView Rating Details
3/22/2016M PartnersReiterated RatingBuyN/AView Rating Details
(Data available from 8/21/2015 forward)

Earnings

Earnings History for New Media Investment Group (NYSE:NEWM)
Earnings by Quarter for New Media Investment Group (NYSE:NEWM)
Earnings History by Quarter for New Media Investment Group (NYSE NEWM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.12N/AView Earnings Details
7/27/2017Q2 2017$0.18($0.41)$320.54 million$322.90 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.22($0.07)$297.40 million$307.50 millionViewN/AView Earnings Details
2/21/2017Q416$0.44$0.31$324.40 million$333.60 millionViewListenView Earnings Details
10/27/2016Q316$0.13$0.06$308.80 million$306.80 millionViewListenView Earnings Details
7/28/2016Q216$0.29$0.21$311.88 million$314.80 millionViewListenView Earnings Details
4/28/2016Q116$0.03$0.11$300.66 million$300.10 millionViewListenView Earnings Details
2/25/2016Q415$0.39$1.26$327.62 million$333.60 millionViewListenView Earnings Details
10/29/2015Q315$0.21$0.14$296.41 million$312.10 millionViewListenView Earnings Details
7/30/2015Q215$0.30$0.25$284.62 million$299.50 millionViewListenView Earnings Details
4/30/2015Q115($0.03)$0.03$215.62 million$250.60 millionViewN/AView Earnings Details
2/26/2015Q414$0.14$0.31$189.63 million$186.80 millionViewN/AView Earnings Details
10/30/2014Q314$0.06$0.14$159.60 million$165.10 millionViewN/AView Earnings Details
7/31/2014Q214$0.20$0.25$155.74 million$158.40 millionViewN/AView Earnings Details
3/19/2014Q413$0.17$0.90$157.23 million$160.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Media Investment Group (NYSE:NEWM)
Current Year EPS Consensus Estimate: $0.88 EPS

Dividends

Current Dividend Information for New Media Investment Group (NYSE:NEWM)
Most Recent Dividend:8/17/2017
Annual Dividend:$1.40
Dividend Yield:10.37%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-1,272.73% (Trailing 12 Months of Earnings)
159.09% (Based on This Year's Estimates)
Infinity (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for New Media Investment Group (NYSE:NEWM)

Dividend History by Quarter for New Media Investment Group (NYSE NEWM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.3510.42%8/7/20178/9/20178/17/2017
4/27/2017quarterly$0.3510.44%5/8/20175/10/20175/18/2017
2/21/2017quarterly$0.359.33%3/6/20173/8/20173/16/2017
10/27/2016Quarterly$0.3511/7/201611/9/201611/17/2016
7/28/2016Quarterly$0.338/8/20168/10/20168/18/2016
4/28/2016quarterly$0.335/9/20165/11/20165/19/2016
2/25/2016Quarterly$0.333/7/20163/9/20163/17/2016
10/29/2015Quarterly$0.3311/9/201511/12/201511/19/2015
7/30/2015$0.338/10/20158/12/20158/20/2015
5/1/2015quarterly$0.335.53%5/11/20155/13/20155/21/2015
3/2/2015quarterly$0.304.84%3/9/20153/11/20153/19/2015
10/30/2014quarterly$0.275.67%11/7/201411/12/201411/20/2014
8/1/2014special$0.278/8/20148/12/20148/21/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New Media Investment Group (NYSE:NEWM)
Insider Ownership Percentage: 5.34%
Institutional Ownership Percentage: 76.44%
Insider Trades by Quarter for New Media Investment Group (NYSE:NEWM)
Institutional Ownership by Quarter for New Media Investment Group (NYSE:NEWM)
Insider Trades by Quarter for New Media Investment Group (NYSE:NEWM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2017Michael ReedCEOBuy20,000$13.60$272,000.00View SEC Filing  
5/1/2017Michael ReedCEOBuy40,000$13.25$530,000.00View SEC Filing  
2/23/2017Laurence TaricaDirectorBuy10,000$15.15$151,500.00View SEC Filing  
11/25/2016Laurence TaricaDirectorBuy10,000$15.90$159,000.00View SEC Filing  
11/23/2016Gregory William FreibergCFOBuy10,000$16.00$160,000.00View SEC Filing  
11/7/2016Gregory William FreibergCFOBuy85,000$15.01$1,275,850.00View SEC Filing  
11/3/2016Michael ReedCEOBuy50,000$14.34$717,000.00View SEC Filing  
8/25/2016Leon G CoopermanMajor ShareholderBuy30,000$15.40$462,000.00View SEC Filing  
5/13/2016Michael ReedCEOBuy60,000$15.90$954,000.00View SEC Filing  
5/12/2016Laurence TaricaDirectorBuy15,000$15.67$235,050.00View SEC Filing  
5/10/2016Gregory William FreibergCFOBuy25,000$16.10$402,500.00View SEC Filing  
12/1/2015Leon G CoopermanMajor ShareholderSell25,756$18.44$474,940.64View SEC Filing  
7/7/2015Leon G CoopermanMajor ShareholderBuy119,303$17.01$2,029,344.03View SEC Filing  
7/6/2015Leon G CoopermanMajor ShareholderBuy1,320$17.10$22,572.00View SEC Filing  
12/1/2014Wesley R EdensDirectorSell13,831$20.99$290,312.69View SEC Filing  
11/25/2014Laurence TaricaDirectorBuy15,000$20.43$306,450.00View SEC Filing  
9/23/2014Gregory William FreibergCFOBuy30,769$16.25$499,996.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New Media Investment Group (NYSE:NEWM)
Latest Headlines for New Media Investment Group (NYSE:NEWM)
Source:
DateHeadline
finance.yahoo.com logoNew Media Investment Group Inc (NEWM) CEO Michael Reed Bought $272,000 of Shares
finance.yahoo.com - August 19 at 5:15 AM
americanbankingnews.com logoHead to Head Survey: Pearson, PLC (PSO) and New Media Investment Group (NEWM)
www.americanbankingnews.com - August 18 at 12:22 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NEWM) CEO Buys $272,000.00 in Stock
www.americanbankingnews.com - August 17 at 7:58 PM
finance.yahoo.com logoNew Media Investment Group, Inc. breached its 50 day moving average in a Bearish Manner : NEWM-US : August 14, 2017
finance.yahoo.com - August 15 at 3:00 AM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : August 14, 2017
finance.yahoo.com - August 15 at 3:00 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NEWM) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 12 at 2:52 PM
americanbankingnews.com logoContrasting New Media Investment Group (NYSE:NEWM) and Pearson, PLC (PSO)
www.americanbankingnews.com - August 12 at 2:14 AM
streetinsider.com logoNew Media Investment Group (NEWM) to Acquire Morris Publishing Group Assets for $120M - StreetInsider.com
www.streetinsider.com - August 11 at 6:51 AM
finance.yahoo.com logoOwner of KC-area newspaper buys more across U.S.
finance.yahoo.com - August 11 at 6:51 AM
streetinsider.com logoNew Media Investment Group (NEWM) to Acquire Morris Publishing Group Assets for $120M
www.streetinsider.com - August 10 at 6:12 AM
finance.yahoo.com logoNew Media Announces Agreement to Acquire Morris Publishing Group Assets for $120.0 Million
finance.yahoo.com - August 10 at 6:10 AM
finance.yahoo.com logoFlorida Times-Union, St. Augustine Record sold
finance.yahoo.com - August 10 at 6:10 AM
finance.yahoo.com logoColumbus Dispatch owner buys another family-run news media company
finance.yahoo.com - August 10 at 6:09 AM
finance.yahoo.com logoMorris Communications selling newspapers to GateHouse Media
finance.yahoo.com - August 10 at 6:09 AM
americanbankingnews.com logoAnalyzing New Media Investment Group (NYSE:NEWM) & Pearson, PLC (PSO)
www.americanbankingnews.com - August 5 at 6:30 PM
nasdaq.com logoNew Media Investment Group Inc. (NEWM) Ex-Dividend Date Scheduled for August 07, 2017 - Nasdaq
www.nasdaq.com - August 4 at 3:44 PM
finance.yahoo.com logoNew Media Investment Group, Inc. breached its 50 day moving average in a Bullish Manner : NEWM-US : August 4, 2017
finance.yahoo.com - August 4 at 3:44 PM
finance.yahoo.com logoNew Media Investment Group, Inc. :NEWM-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - July 31 at 9:59 PM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Announces Earnings Results
www.americanbankingnews.com - July 29 at 10:56 PM
businesswire.com logoNew Media Announces Strong Second Quarter 2017 Results and Dividend of $0.35 per Common Share - Business Wire (press release)
www.businesswire.com - July 28 at 6:08 AM
finance.yahoo.com logoNew Media Announces Strong Second Quarter 2017 Results and Dividend of $0.35 per Common Share
finance.yahoo.com - July 28 at 6:08 AM
finance.yahoo.com logoInvestor Network: New Media Investment Group, Inc. to Host Earnings Call
finance.yahoo.com - July 28 at 6:08 AM
finance.yahoo.com logoEdited Transcript of NEWM earnings conference call or presentation 27-Jul-17 2:00pm GMT
finance.yahoo.com - July 28 at 6:08 AM
finance.yahoo.com logoNew Media Investment reports 2Q loss
finance.yahoo.com - July 28 at 6:08 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Plans Quarterly Dividend of $0.35
www.americanbankingnews.com - July 27 at 3:40 PM
americanbankingnews.com logoAnalyzing Time (TIME) & New Media Investment Group (NEWM)
www.americanbankingnews.com - July 25 at 8:42 AM
americanbankingnews.com logoTime (TIME) vs. New Media Investment Group (NYSE:NEWM) Critical Comparison
www.americanbankingnews.com - July 23 at 7:51 AM
americanbankingnews.com logoHead to Head Comparison: Time (TIME) and New Media Investment Group (NEWM)
www.americanbankingnews.com - July 22 at 8:03 AM
americanbankingnews.com logoComparing Time (TIME) and New Media Investment Group (NYSE:NEWM)
www.americanbankingnews.com - July 19 at 8:39 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 3:11 PM
finance.yahoo.com logoDenise Robbins Named SVP, Consumer Marketing for GateHouse Media
finance.yahoo.com - July 11 at 3:54 AM
finance.yahoo.com logoNew Media Schedules Second Quarter Results and Dividend Announcement
finance.yahoo.com - July 6 at 8:48 PM
americanbankingnews.com logoNew Media Investment Group Inc. (NYSE:NEWM) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - July 2 at 7:28 AM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : June 30, 2017
finance.yahoo.com - July 1 at 3:38 AM
nasdaq.com logoHow NY Times (NYT) is Countering Soft Advertising Demand - Nasdaq - Nasdaq
www.nasdaq.com - June 27 at 11:57 PM
seekingalpha.com logoNew Media rebrands SMB unit as UpCurve - New Media (NYSE ... - Seeking Alpha
seekingalpha.com - June 27 at 6:34 AM
finance.yahoo.com logoNew Media Announces Rebranding of Propel Business Services, Changes Name to UpCurve
finance.yahoo.com - June 27 at 6:34 AM
americanbankingnews.com logoNew Media Investment Group Inc. (NEWM) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 23 at 12:37 PM
nasdaq.com logoWill Strategic Efforts Lead Publishing Stocks to Growth? - Nasdaq.com - Nasdaq
www.nasdaq.com - June 21 at 12:59 AM
finance.yahoo.com logoNew Media Holdings II LLC -- Moody's affirms New Media CFR's at B2, assigns B2 ratings to proposed first lien credit facilities
finance.yahoo.com - June 20 at 7:52 PM
americanbankingnews.com logoNew Media Investment Group (NEWM) and Gannett Co., Inc.¿ (GCI) Head-To-Head Contrast
www.americanbankingnews.com - June 20 at 7:44 AM
nasdaq.com logoPublishing Industry Stock Outlook - June 2017 - Nasdaq
www.nasdaq.com - June 20 at 7:44 AM
bizjournals.com logoBeaver County Times sold to Gatehouse Media parent New Media ... - Columbus Business First
www.bizjournals.com - June 20 at 7:44 AM
streetinsider.com logoNew Media Investment Group (NEWM) to Acquire Calkins Media ... - StreetInsider.com
www.streetinsider.com - June 20 at 7:44 AM
seekingalpha.com logoNew Media acquire assets from Calkins Media
seekingalpha.com - June 19 at 11:12 AM
finance.yahoo.com logoNew Media Announces Agreement to Acquire Calkins Media Incorporated for $17.5 Million
finance.yahoo.com - June 19 at 11:12 AM
finance.yahoo.com logoGatehouse Media adding 3 Pittsburgh-area newspapers in latest deal
finance.yahoo.com - June 19 at 11:12 AM
finance.yahoo.com logoETFs with exposure to New Media Investment Group, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 8:04 AM
finance.yahoo.com logoNew Media Investment Group, Inc. breached its 50 day moving average in a Bullish Manner : NEWM-US : June 13, 2017
finance.yahoo.com - June 13 at 8:18 AM
americanbankingnews.com logoHead-To-Head Contrast: McClatchy (MNI) & New Media Investment Group (NEWM)
www.americanbankingnews.com - June 11 at 2:22 PM

Social

Chart

New Media Investment Group (NEWM) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff