NYSE:NEWM - New Media Investment Group Stock Price, Price Target & More

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$18.79 -0.01 (-0.05 %)
(As of 06/21/2018 04:00 PM ET)
Previous Close$18.83
Today's Range$18.76 - $18.92
52-Week Range$12.74 - $19.01
Volume24,155 shs
Average Volume499,528 shs
Market Capitalization$1.12 billion
P/E Ratio34.96
Dividend Yield7.95%
Beta1.14
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

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

Debt

Debt-to-Equity Ratio0.61
Current Ratio1.37
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio34.96
Forward P/E Ratio22.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.34 billion
Price / Sales0.84
Cash Flow$2.4789 per share
Price / Cash7.58
Book Value$12.67 per share
Price / Book1.48

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$-910,000.00
Net Margins0.15%
Return on Equity3.42%
Return on Assets1.80%

Miscellaneous

Employees10,516
Outstanding Shares60,290,000

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 4th. Shareholders of record on Monday, May 14th will be given a dividend of $0.37 per share on Wednesday, May 16th. This represents a $1.48 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date is Friday, May 11th. 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 permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 15.8% of its stock through open market purchases. Stock repurchase programs are usually a sign 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) issued its quarterly earnings data on Thursday, May, 3rd. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The firm earned $340.80 million during the quarter, compared to analyst estimates of $336.87 million. New Media Investment Group had a return on equity of 3.42% and a net margin of 0.15%. The firm's revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.07) 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 Thursday, July, 26th 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?

Headlines about NEWM stock have been trending somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Media Investment Group earned a media sentiment score of 0.06 on Accern's scale. They also assigned media headlines about the company an impact score of 45.88 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are New Media Investment Group's major shareholders?

New Media Investment Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.80%), Franklin Resources Inc. (7.90%), Dimensional Fund Advisors LP (4.79%), Wells Fargo & Company MN (2.84%), United Capital Financial Advisers LLC (2.04%) and Global X Management Co. LLC (1.13%). 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 institutional 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., Millennium Management LLC, Citigroup Inc., Citadel Advisors LLC, Global X Management Co. LLC, Thompson Siegel & Walmsley LLC, Alambic Investment Management L.P. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for New Media Investment Group.

Which institutional investors are buying New Media Investment Group stock?

NEWM stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Dimensional Fund Advisors LP, Mackay Shields LLC, Barrow Hanley Mewhinney & Strauss LLC, United Capital Financial Advisers LLC, JPMorgan Chase & Co., Wells Fargo & Company MN and Guggenheim Capital LLC. 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 $18.79.

How big of a company is New Media Investment Group?

New Media Investment Group has a market capitalization of $1.12 billion 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 (NEWM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  406
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 6/21/2018 by MarketBeat.com Staff

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