New 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?
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?
Some companies that are related to New Media Investment Group include HOSTESS BRANDS (TWNK), Scholastic Corporation (SCHL), Calavo Growers (CVGW), Time (TIME), Adecoagro S.A. (AGRO), Inter Parfums (IPAR), Avon Products (AVP), Dean Foods Company (DF), e.l.f. Beauty (ELF), MGP Ingredients (MGPI), Cresud S.A.C.I.F. y A. (CRESY), Gannett Co. (GCI), Revlon (REV), SuperValu (SVU), SunOpta (STKL), Medifast (MED), Smart (SFS) and Freshpet (FRPT).
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)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.
Consensus Ratings for New Media Investment Group (NYSE:NEWM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/2/2017 | Stephens | Upgrade | Equal Weight -> Overweight | | Low |  |
| 9/29/2016 | Barrington Research | Downgrade | Outperform -> Market Perform | | N/A | |
| 8/24/2016 | Citigroup Inc. | Downgrade | Neutral -> Sell | $17.00 -> $13.00 | N/A | |
| 7/29/2016 | Compass Point | Downgrade | Buy -> Neutral | $21.00 -> $20.00 | N/A | |
| 3/22/2016 | M Partners | Reiterated Rating | Buy | | N/A | |
(Data available from 8/21/2015 forward)
Earnings History for New Media Investment Group (NYSE:NEWM)Earnings History by Quarter for New Media Investment Group (NYSE NEWM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.12 | | | | | N/A | |
| 7/27/2017 | Q2 2017 | $0.18 | ($0.41) | $320.54 million | $322.90 million | View | N/A | |
| 4/27/2017 | Q1 2017 | $0.22 | ($0.07) | $297.40 million | $307.50 million | View | N/A | |
| 2/21/2017 | Q416 | $0.44 | $0.31 | $324.40 million | $333.60 million | View | Listen | |
| 10/27/2016 | Q316 | $0.13 | $0.06 | $308.80 million | $306.80 million | View | Listen | |
| 7/28/2016 | Q216 | $0.29 | $0.21 | $311.88 million | $314.80 million | View | Listen | |
| 4/28/2016 | Q116 | $0.03 | $0.11 | $300.66 million | $300.10 million | View | Listen | |
| 2/25/2016 | Q415 | $0.39 | $1.26 | $327.62 million | $333.60 million | View | Listen | |
| 10/29/2015 | Q315 | $0.21 | $0.14 | $296.41 million | $312.10 million | View | Listen | |
| 7/30/2015 | Q215 | $0.30 | $0.25 | $284.62 million | $299.50 million | View | Listen | |
| 4/30/2015 | Q115 | ($0.03) | $0.03 | $215.62 million | $250.60 million | View | N/A | |
| 2/26/2015 | Q414 | $0.14 | $0.31 | $189.63 million | $186.80 million | View | N/A | |
| 10/30/2014 | Q314 | $0.06 | $0.14 | $159.60 million | $165.10 million | View | N/A | |
| 7/31/2014 | Q214 | $0.20 | $0.25 | $155.74 million | $158.40 million | View | N/A | |
| 3/19/2014 | Q413 | $0.17 | $0.90 | $157.23 million | $160.40 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for New Media Investment Group (NYSE:NEWM)Current Year EPS Consensus Estimate: $0.88 EPS
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 History by Quarter for New Media Investment Group (NYSE NEWM)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | quarterly | $0.35 | 10.42% | 8/7/2017 | 8/9/2017 | 8/17/2017 |
| 4/27/2017 | quarterly | $0.35 | 10.44% | 5/8/2017 | 5/10/2017 | 5/18/2017 |
| 2/21/2017 | quarterly | $0.35 | 9.33% | 3/6/2017 | 3/8/2017 | 3/16/2017 |
| 10/27/2016 | Quarterly | $0.35 | | 11/7/2016 | 11/9/2016 | 11/17/2016 |
| 7/28/2016 | Quarterly | $0.33 | | 8/8/2016 | 8/10/2016 | 8/18/2016 |
| 4/28/2016 | quarterly | $0.33 | | 5/9/2016 | 5/11/2016 | 5/19/2016 |
| 2/25/2016 | Quarterly | $0.33 | | 3/7/2016 | 3/9/2016 | 3/17/2016 |
| 10/29/2015 | Quarterly | $0.33 | | 11/9/2015 | 11/12/2015 | 11/19/2015 |
| 7/30/2015 | | $0.33 | | 8/10/2015 | 8/12/2015 | 8/20/2015 |
| 5/1/2015 | quarterly | $0.33 | 5.53% | 5/11/2015 | 5/13/2015 | 5/21/2015 |
| 3/2/2015 | quarterly | $0.30 | 4.84% | 3/9/2015 | 3/11/2015 | 3/19/2015 |
| 10/30/2014 | quarterly | $0.27 | 5.67% | 11/7/2014 | 11/12/2014 | 11/20/2014 |
| 8/1/2014 | special | $0.27 | | 8/8/2014 | 8/12/2014 | 8/21/2014 |
(Data available from 1/1/2013 forward)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/16/2017 | Michael Reed | CEO | Buy | 20,000 | $13.60 | $272,000.00 | |
| 5/1/2017 | Michael Reed | CEO | Buy | 40,000 | $13.25 | $530,000.00 | |
| 2/23/2017 | Laurence Tarica | Director | Buy | 10,000 | $15.15 | $151,500.00 | |
| 11/25/2016 | Laurence Tarica | Director | Buy | 10,000 | $15.90 | $159,000.00 | |
| 11/23/2016 | Gregory William Freiberg | CFO | Buy | 10,000 | $16.00 | $160,000.00 | |
| 11/7/2016 | Gregory William Freiberg | CFO | Buy | 85,000 | $15.01 | $1,275,850.00 | |
| 11/3/2016 | Michael Reed | CEO | Buy | 50,000 | $14.34 | $717,000.00 | |
| 8/25/2016 | Leon G Cooperman | Major Shareholder | Buy | 30,000 | $15.40 | $462,000.00 | |
| 5/13/2016 | Michael Reed | CEO | Buy | 60,000 | $15.90 | $954,000.00 | |
| 5/12/2016 | Laurence Tarica | Director | Buy | 15,000 | $15.67 | $235,050.00 | |
| 5/10/2016 | Gregory William Freiberg | CFO | Buy | 25,000 | $16.10 | $402,500.00 | |
| 12/1/2015 | Leon G Cooperman | Major Shareholder | Sell | 25,756 | $18.44 | $474,940.64 | |
| 7/7/2015 | Leon G Cooperman | Major Shareholder | Buy | 119,303 | $17.01 | $2,029,344.03 | |
| 7/6/2015 | Leon G Cooperman | Major Shareholder | Buy | 1,320 | $17.10 | $22,572.00 | |
| 12/1/2014 | Wesley R Edens | Director | Sell | 13,831 | $20.99 | $290,312.69 | |
| 11/25/2014 | Laurence Tarica | Director | Buy | 15,000 | $20.43 | $306,450.00 | |
| 9/23/2014 | Gregory William Freiberg | CFO | Buy | 30,769 | $16.25 | $499,996.25 | |
(Data available from 1/1/2013 forward)
Headline Trends for New Media Investment Group (NYSE:NEWM)
Latest Headlines for New Media Investment Group (NYSE:NEWM)
| Source: |
|
| Date | Headline |
|---|
 | New Media Investment Group Inc (NEWM) CEO Michael Reed Bought $272,000 of Shares
finance.yahoo.com - August 19 at 5:15 AM |
 | Head to Head Survey: Pearson, PLC (PSO) and New Media Investment Group (NEWM)
www.americanbankingnews.com - August 18 at 12:22 AM |
| New Media Investment Group Inc. (NEWM) CEO Buys $272,000.00 in Stock
www.americanbankingnews.com - August 17 at 7:58 PM |
| New 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 |
| ETFs with exposure to New Media Investment Group, Inc. : August 14, 2017
finance.yahoo.com - August 15 at 3:00 AM |
| New Media Investment Group Inc. (NEWM) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 12 at 2:52 PM |
| Contrasting New Media Investment Group (NYSE:NEWM) and Pearson, PLC (PSO)
www.americanbankingnews.com - August 12 at 2:14 AM |
 | New Media Investment Group (NEWM) to Acquire Morris Publishing Group Assets for $120M - StreetInsider.com
www.streetinsider.com - August 11 at 6:51 AM |
| Owner of KC-area newspaper buys more across U.S.
finance.yahoo.com - August 11 at 6:51 AM |
| New Media Investment Group (NEWM) to Acquire Morris Publishing Group Assets for $120M
www.streetinsider.com - August 10 at 6:12 AM |
| New Media Announces Agreement to Acquire Morris Publishing Group Assets for $120.0 Million
finance.yahoo.com - August 10 at 6:10 AM |
| Florida Times-Union, St. Augustine Record sold
finance.yahoo.com - August 10 at 6:10 AM |
| Columbus Dispatch owner buys another family-run news media company
finance.yahoo.com - August 10 at 6:09 AM |
| Morris Communications selling newspapers to GateHouse Media
finance.yahoo.com - August 10 at 6:09 AM |
| Analyzing New Media Investment Group (NYSE:NEWM) & Pearson, PLC (PSO)
www.americanbankingnews.com - August 5 at 6:30 PM |
 | New Media Investment Group Inc. (NEWM) Ex-Dividend Date Scheduled for August 07, 2017 - Nasdaq
www.nasdaq.com - August 4 at 3:44 PM |
| New 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 |
| New 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 |
| New Media Investment Group Inc. (NYSE:NEWM) Announces Earnings Results
www.americanbankingnews.com - July 29 at 10:56 PM |
 | New 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 |
| New Media Announces Strong Second Quarter 2017 Results and Dividend of $0.35 per Common Share
finance.yahoo.com - July 28 at 6:08 AM |
| Investor Network: New Media Investment Group, Inc. to Host Earnings Call
finance.yahoo.com - July 28 at 6:08 AM |
| Edited Transcript of NEWM earnings conference call or presentation 27-Jul-17 2:00pm GMT
finance.yahoo.com - July 28 at 6:08 AM |
| New Media Investment reports 2Q loss
finance.yahoo.com - July 28 at 6:08 AM |
| New Media Investment Group Inc. (NYSE:NEWM) Plans Quarterly Dividend of $0.35
www.americanbankingnews.com - July 27 at 3:40 PM |
| Analyzing Time (TIME) & New Media Investment Group (NEWM)
www.americanbankingnews.com - July 25 at 8:42 AM |
| Time (TIME) vs. New Media Investment Group (NYSE:NEWM) Critical Comparison
www.americanbankingnews.com - July 23 at 7:51 AM |
| Head to Head Comparison: Time (TIME) and New Media Investment Group (NEWM)
www.americanbankingnews.com - July 22 at 8:03 AM |
| Comparing Time (TIME) and New Media Investment Group (NYSE:NEWM)
www.americanbankingnews.com - July 19 at 8:39 AM |
| New Media Investment Group Inc. (NYSE:NEWM) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 3:11 PM |
| Denise Robbins Named SVP, Consumer Marketing for GateHouse Media
finance.yahoo.com - July 11 at 3:54 AM |
| New Media Schedules Second Quarter Results and Dividend Announcement
finance.yahoo.com - July 6 at 8:48 PM |
| New Media Investment Group Inc. (NYSE:NEWM) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - July 2 at 7:28 AM |
| ETFs with exposure to New Media Investment Group, Inc. : June 30, 2017
finance.yahoo.com - July 1 at 3:38 AM |
| How NY Times (NYT) is Countering Soft Advertising Demand - Nasdaq - Nasdaq
www.nasdaq.com - June 27 at 11:57 PM |
 | New Media rebrands SMB unit as UpCurve - New Media (NYSE ... - Seeking Alpha
seekingalpha.com - June 27 at 6:34 AM |
| New Media Announces Rebranding of Propel Business Services, Changes Name to UpCurve
finance.yahoo.com - June 27 at 6:34 AM |
| New Media Investment Group Inc. (NEWM) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 23 at 12:37 PM |
| Will Strategic Efforts Lead Publishing Stocks to Growth? - Nasdaq.com - Nasdaq
www.nasdaq.com - June 21 at 12:59 AM |
| New 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 |
| New Media Investment Group (NEWM) and Gannett Co., Inc.¿ (GCI) Head-To-Head Contrast
www.americanbankingnews.com - June 20 at 7:44 AM |
| Publishing Industry Stock Outlook - June 2017 - Nasdaq
www.nasdaq.com - June 20 at 7:44 AM |
 | Beaver County Times sold to Gatehouse Media parent New Media ... - Columbus Business First
www.bizjournals.com - June 20 at 7:44 AM |
| New Media Investment Group (NEWM) to Acquire Calkins Media ... - StreetInsider.com
www.streetinsider.com - June 20 at 7:44 AM |
| New Media acquire assets from Calkins Media
seekingalpha.com - June 19 at 11:12 AM |
| New Media Announces Agreement to Acquire Calkins Media Incorporated for $17.5 Million
finance.yahoo.com - June 19 at 11:12 AM |
| Gatehouse Media adding 3 Pittsburgh-area newspapers in latest deal
finance.yahoo.com - June 19 at 11:12 AM |
| ETFs with exposure to New Media Investment Group, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 8:04 AM |
| New 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 |
| Head-To-Head Contrast: McClatchy (MNI) & New Media Investment Group (NEWM)
www.americanbankingnews.com - June 11 at 2:22 PM |
New Media Investment Group (NEWM) Chart for Monday, August, 21, 2017
