NYSE:NYT

New York Times (NYT) Stock Forecast, Price & News

$41.05

+0.45 (+1.11%)

(As of 09/28/2023 ET)

Compare

Today's Range: $40.50
▼
$41.39
50-Day Range: $39.92
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$44.68
52-Week Range: $28.16
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$45.30

Volume: 864,741 shs
Average Volume: 1.03 million shs
Market Capitalization: $6.75 billion

P/E Ratio: 38.73
Dividend Yield: 1.07%
Price Target: $42.00

New York Times MarketRank™ Forecast

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 2.3% Upside
$42.00 Price Target
Short Interest: Bearish
3.74% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.91
Upright™ Environmental Score
News Sentiment: -0.06
Based on 81 Articles This Week
Insider Trading: Selling Shares
$2.23 M Sold Last Quarter
Proj. Earnings Growth: 6.76%
From $1.48 to $1.58 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Consumer Staples Sector

110th out of 136 stocks

Newspapers Industry

2nd out of 5 stocks

1.1

Analyst's Opinion

Consensus Rating
New York Times has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.00, New York Times has a forecasted upside of 2.3% from its current price of $41.05.
Amount of Analyst Coverage
New York Times has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.74% of the float of New York Times has been sold short.
Short Interest Ratio / Days to Cover
New York Times has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in New York Times has recently increased by 1.36%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
New York Times pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
New York Times has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of New York Times is 41.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, New York Times will have a dividend payout ratio of 27.85% next year. This indicates that New York Times will be able to sustain or increase its dividend.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
New York Times has received a 53.54% net impact score from Upright. The New York Times Company seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Production of news articles for majority groups following principles of journalistic ethics", "Publishing of newspapers following principles of journalistic ethics", and "Creation of radio news programs following principles of journalistic ethics" products. See details.
Environmental Sustainability
The Environmental Impact score for New York Times is -0.91.

1.6

News and Social Media Coverage

News Sentiment
New York Times has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 81 news articles for New York Times this week, compared to 93 articles on an average week.
MarketBeat Follows
4 people have added New York Times to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, New York Times insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,233,298.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of New York Times is held by insiders.
Percentage Held by Institutions
95.37% of the stock of New York Times is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for New York Times are expected to grow by 6.76% in the coming year, from $1.48 to $1.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of New York Times is 38.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of New York Times is 38.73, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.59.
Price to Book Value per Share Ratio
New York Times has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About New York Times (NYSE:NYT) Stock

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com website. The company also licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.

NYT Price History

30 days | 90 days | 365 days | Advanced Chart

NYT Stock News Headlines

August 30, 2023 | marketbeat.com

CNN names former BBC and New York Times executive Mark Thompson as new leader

CNN is bringing in former Mark Thompson, a former leader at The New York Times and BBC, in an attempt to turn around its fortunes