New York Times Company (The) Company Profile (NYSE:NYT)

New York Times Company (The) trades on the New York Stock Exchange (NYSE) under the ticker symbol "NYT."

New York Times Company (The) declared a quarterly dividend on Thursday, June 29th. Shareholders of record on Wednesday, July 12th will be given a dividend of $0.04 per share on Thursday, July 27th. This represents a $0.16 annualized dividend and a yield of 0.83%. The ex-dividend date is Monday, July 10th. View New York Times Company (The)'s Dividend History.

New York Times Company (The) (NYSE:NYT) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.18 EPS for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.05. The firm earned $407.10 million during the quarter, compared to analysts' expectations of $393.07 million. New York Times Company (The) had a return on equity of 12.76% and a net margin of 4.12%. The company's revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. View New York Times Company (The)'s Earnings History.

New York Times Company (The) is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for New York Times Company (The).

4 brokerages have issued 12 month price targets for New York Times Company (The)'s stock. Their forecasts range from $7.80 to $16.00. On average, they expect New York Times Company (The)'s share price to reach $12.93 in the next year. View Analyst Ratings for New York Times Company (The).

Here are some recent quotes from research analysts about New York Times Company (The) stock:

• 1. According to Zacks Investment Research, "The New York Times Company has outperformed the industry in the past six months. The company is diversifying its business, adding new revenue streams, strengthening its balance sheet and restructuring its portfolio. It had offloaded assets in order to re-focus on its core newspapers and pay more attention to its online activities. These helped the company to post fourth straight quarter of positive earnings surprise, when it reported second-quarter 2017 results. Total revenue also came ahead of the estimate. Both the top and bottom lines increased on a year-over-year basis. The quarter marked a spectacular increase in digital subscribers, rise in digital advertising and subscription revenues but a decline in print advertising revenue. Although, total advertising revenue rose marginally by 0.8% during the second quarter, the company hinted that it is likely to decline in the mid to high single digits in the third quarter." (7/31/2017)
• 2. Jefferies Group LLC analysts commented, "NYT 4Q rev and EBITDA of $440M / $96M both exceeded expectations with strong digital adv and circ growth of 11% / 22%, largely driven by net new subs of 296K (exceeding even mgmt's updated guidance of >200K). The digital growth continues to act as a counterbalance to print weakness, but with flattish EBITDA growth on an annual basis, we maintain our Hold rating." (2/3/2017)

Some companies that are related to New York Times Company (The) include Spectrum Brands Holdings (SPB), Glanbia Plc ADR (GLAPY), Post Holdings (POST), Blue Buffalo Pet Products (BUFF), Compania Cervecerias Unidas, S.A. (CCU), Coca-Cola Amatil (CCLAY), The Hain Celestial Group (HAIN), Energizer Holdings (EPC), Tate & Lyle PLC (TATYY), Treehouse Foods (THS), Flowers Foods (FLO), Sanderson Farms (SAFM), 51job (JOBS), Snyder's-Lance (LNCE), Industrias Bachoco, S.A. de C.V. (IBA), Nu Skin Enterprises (NUS), Lancaster Colony Corporation (LANC) and John Wiley & Sons (JW.A).

New York Times Company (The)'s management team includes the folowing people:

• Arthur Ochs Sulzberger Jr., Chairman of the Board
• Mark Thompson, President, Chief Executive Officer, Director
• David Perpich, President, General Manager - Wirecutter
• James M. Follo, Chief Financial Officer, Executive Vice President
• Meredith Kopit Levien, Chief Operating Officer, Executive Vice President
• Diane Brayton, Executive Vice President, General Counsel
• Robert Anthony Benten, Senior Vice President - Finance, Corporate Controller
• Steven B. Green, Director
• Raul E. Cesan, Independent Director
• Robert E. Denham, Presiding Independent Director

New York Times Company (The)'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.91%), Vanguard Group Inc. (6.85%), Fairpointe Capital LLC (5.91%), JHL Capital Group LLC (4.32%), Dimensional Fund Advisors LP (3.26%) and Contrarius Investment Management Ltd (3.23%). Company insiders that own New York Times Company (The) stock include Carso SA De CV Inversora, Doreen A Toben, James M Follo, Kenneth A Richieri, Levien Meredith A Kopit and R Anthony Benten. View Institutional Ownership Trends for New York Times Company (The).

New York Times Company (The)'s stock was sold by a variety of institutional investors in the last quarter, including JHL Capital Group LLC, Contrarius Investment Management Ltd, Fairpointe Capital LLC, Lord Abbett & CO. LLC, Kahn Brothers Group Inc. DE, Ameriprise Financial Inc., AHL Partners LLP and Goldman Sachs Group Inc.. Company insiders that have sold New York Times Company (The) stock in the last year include Carso SA De CV Inversora, Doreen A Toben, James M Follo and R Anthony Benten. View Insider Buying and Selling for New York Times Company (The).

New York Times Company (The)'s stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Acadian Asset Management LLC, Vanguard Group Inc., Teachers Advisors LLC, Granite Investment Partners LLC, Renaissance Technologies LLC, Engineers Gate Manager LP and Northern Trust Corp. View Insider Buying and Selling for New York Times Company (The).

Shares of New York Times Company (The) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of New York Times Company (The) stock can currently be purchased for approximately $19.35.