New York Times Co Company Profile (NYSE:NYT)

About New York Times Co (NYSE:NYT)

New York Times Co logoThe New York Times Company is a media company focused on creating, collecting and distributing news and information. The Company's principal business consists of distributing content generated by its newsroom through its print, Web and mobile platforms. In addition, it distributes selected content on third-party platforms. The Company includes newspapers, print and digital products and investments. The Company's businesses include newspapers, such as The New York Times (The Times); Websites, including NYTimes.com; mobile applications, including The Times's news applications, as well as interest-specific applications, such as NYT Cooking, Crossword and others, and related businesses, such as The Times news services division, product review and recommendation Websites The Wirecutter and The Sweethome, digital archive distribution, NYT Live (its live events business) and other products and services under The Times brand.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Publishing - Newspapers
  • Sub-Industry: Publishing
  • Symbol: NYSE:NYT
  • CUSIP: 65011110
  • Web: www.nytco.com
Capitalization:
  • Market Cap: $2.79 billion
  • Outstanding Shares: 161,550,000
Average Prices:
  • 50 Day Moving Avg: $15.79
  • 200 Day Moving Avg: $14.30
  • 52 Week Range: $10.60 - $17.50
P/E:
  • Trailing P/E Ratio: 56.72
  • Foreward P/E Ratio: 24.71
  • P/E Growth: 1.84
Sales & Book Value:
  • Annual Revenue: $1.57 billion
  • Price / Sales: 1.78
  • Book Value: $5.33 per share
  • Price / Book: 3.25
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.9%
Profitability:
  • EBIDTA: $215.54 million
  • Net Margins: 1.87%
  • Return on Equity: 11.87%
  • Return on Assets: 4.05%
Debt:
  • Debt-to-Equity Ratio: 0.31%
  • Current Ratio: 1.68%
  • Quick Ratio: 1.68%
Misc:
  • Average Volume: 998,203 shs.
  • Beta: 1.51
  • Short Ratio: 4.21
 

Frequently Asked Questions for New York Times Co (NYSE:NYT)

What is New York Times Co's stock symbol?

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

How often does New York Times Co pay dividends? What is the dividend yield for New York Times Co?

New York Times Co announced a quarterly dividend on Thursday, February 16th. Stockholders of record on Wednesday, April 5th will be paid a dividend of $0.04 per share on Thursday, April 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, April 3rd. View New York Times Co's Dividend History.

How were New York Times Co's earnings last quarter?

New York Times Co (NYSE:NYT) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The firm earned $398.80 million during the quarter, compared to analysts' expectations of $381.62 million. New York Times Co had a return on equity of 11.87% and a net margin of 1.87%. The company's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.10 EPS. View New York Times Co's Earnings History.

Where is New York Times Co's stock going? Where will New York Times Co's stock price be in 2017?

3 brokerages have issued 12-month price objectives for New York Times Co's shares. Their predictions range from $7.80 to $15.00. On average, they expect New York Times Co's stock price to reach $11.40 in the next twelve months. View Analyst Ratings for New York Times Co.

What are analysts saying about New York Times Co stock?

Here are some recent quotes from research analysts about New York Times Co stock:

  • 1. According to Zacks Investment Research, "The New York Times Company has outperformed the Zacks Categorized industry in the past three 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 third straight quarter of positive earnings surprise, when it reported first-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 circulation revenues but a decline in print advertising revenue. Total advertising revenue fell 6.9% during the quarter. Management expects total advertising revenue in the second quarter of 2017 to decline in the low- to mid-single digits." (5/5/2017)
  • 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)

Who are some of New York Times Co's key competitors?

Who owns New York Times Co stock?

New York Times Co's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.87%), Fairpointe Capital LLC (6.87%), Vanguard Group Inc. (6.43%), JHL Capital Group LLC (5.76%), Contrarius Investment Management Ltd (4.51%) and Dimensional Fund Advisors LP (3.23%). Company insiders that own New York Times Co stock include 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 Co.

Who sold New York Times Co stock? Who is selling New York Times Co stock?

New York Times Co's stock was sold by a variety of institutional investors in the last quarter, including Fairpointe Capital LLC, AQR Capital Management LLC, Morgan Stanley, Bank of New York Mellon Corp, Contrarius Investment Management Ltd, Goldman Sachs Group Inc., Ameriprise Financial Inc. and State Street Corp. Company insiders that have sold New York Times Co stock in the last year include Doreen A Toben, Kenneth A Richieri, Levien Meredith A Kopit and R Anthony Benten. View Insider Buying and Selling for New York Times Co.

Who bought New York Times Co stock? Who is buying New York Times Co stock?

New York Times Co's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Granite Investment Partners LLC, Point72 Asset Management L.P., Vanguard Group Inc., Renaissance Technologies LLC, Oxford Asset Management and Dimensional Fund Advisors LP. View Insider Buying and Selling for New York Times Co.

How do I buy New York Times Co stock?

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

How much does a share of New York Times Co stock cost?

One share of New York Times Co stock can currently be purchased for approximately $17.30.

Analyst Ratings

Consensus Ratings for New York Times Co (NYSE:NYT) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $11.40 (34.10% downside)

Analysts' Ratings History for New York Times Co (NYSE:NYT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Jefferies Group LLCBoost Price TargetHold$12.00 -> $15.00HighView Rating Details
2/9/2017Singular ResearchInitiated CoverageSell$7.80N/AView Rating Details
12/30/2016ArgusReiterated RatingHoldN/AView Rating Details
2/28/2016FBR & CoReiterated RatingMarket Perform$12.40N/AView Rating Details
11/13/2015Barclays PLCReiterated RatingEqual Weight$14.00 -> $15.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for New York Times Co (NYSE:NYT)
Earnings by Quarter for New York Times Co (NYSE:NYT)
Earnings History by Quarter for New York Times Co (NYSE:NYT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 17$0.07$0.11$381.62 million$398.80 millionViewListenView Earnings Details
2/2/2017Q416$0.24$0.30$437.80 million$439.70 millionViewListenView Earnings Details
11/2/2016Q316$0.04$0.06$365.00 million$363.50 millionViewN/AView Earnings Details
7/28/2016Q216$0.11$0.11$377.15 million$372.60 millionViewListenView Earnings Details
5/3/2016Q116$0.08$0.10$382.30 million$379.50 millionViewN/AView Earnings Details
2/4/2016Q415$0.30$0.37$439.67 million$444.70 millionViewN/AView Earnings Details
10/29/2015Q315$0.06$0.09$364.67 million$367.40 millionViewListenView Earnings Details
8/6/2015Q215$0.11$0.13$383.47 million$382.90 millionViewN/AView Earnings Details
4/30/2015Q115$0.08$0.11$384.30 million$384.20 millionViewN/AView Earnings Details
2/3/2015Q414$0.23$0.26$438.53 million$444.70 millionViewN/AView Earnings Details
10/30/2014Q314($0.01)$0.03$369.90 million$364.72 millionViewN/AView Earnings Details
7/29/2014Q214$0.08$0.07$390.50 million$388.70 millionViewN/AView Earnings Details
4/24/2014Q114$0.03$0.07$384.73 million$390.40 millionViewN/AView Earnings Details
2/6/2014Q413$0.16$0.26$440.96 million$443.90 millionViewN/AView Earnings Details
10/31/2013Q313($0.03)($0.01)$447.50 million$361.70 millionViewListenView Earnings Details
8/1/2013Q2 2013$0.12$0.14$487.43 million$485.40 millionViewListenView Earnings Details
4/25/2013Q1 2013$0.04$0.04$470.32 million$465.90 millionViewListenView Earnings Details
2/7/2013Q4 2012$0.31$0.32$572.15 million$575.80 millionViewListenView Earnings Details
10/25/2012$0.08($0.01)ViewN/AView Earnings Details
7/26/2012$0.13$0.14ViewN/AView Earnings Details
4/19/2012$0.02$0.08ViewN/AView Earnings Details
2/2/2012$0.42$0.45ViewN/AView Earnings Details
10/20/2011$0.04$0.05ViewN/AView Earnings Details
7/21/2011$0.10$0.14ViewN/AView Earnings Details
4/21/2011$0.02$0.02ViewN/AView Earnings Details
2/3/2011$0.34$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New York Times Co (NYSE:NYT)
2017 EPS Consensus Estimate: $0.52
2018 EPS Consensus Estimate: $0.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.12$0.12$0.12
Q3 20171$0.05$0.05$0.05
Q4 20171$0.29$0.29$0.29
Q1 20181$0.11$0.11$0.11
Q2 20181$0.13$0.13$0.13
Q3 20181$0.05$0.05$0.05
Q4 20181$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for New York Times Co (NYSE:NYT)
Most Recent Dividend:4/20/2017
Annual Dividend:$0.16
Dividend Yield:0.92%
Dividend Growth:58.70% (3 Year Average)
Payout Ratio:88.89% (Trailing 12 Months of Earnings)
25.00% (Based on This Year's Estimates)
22.86% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for New York Times Co (NYSE:NYT)

Dividend History by Quarter for New York Times Co (NYSE:NYT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017quarterly$0.041.04%4/3/20174/5/20174/20/2017
12/15/2016quarterly$0.041.18%1/9/20171/11/20171/26/2017
9/15/2016quarterly$0.041.3%10/3/201610/5/201610/20/2016
6/28/2016quarterly$0.041.35%7/11/20167/13/20167/28/2016
2/18/2016quarterly$0.041.26%4/4/20164/6/20164/21/2016
12/17/2015quarterly$0.041.19%1/11/20161/13/20161/28/2016
9/17/2015quarterly$0.041.33%10/5/201510/7/201510/22/2015
6/11/2015quarterly$0.041.14%7/13/20157/15/20157/30/2015
2/19/2015quarterly$0.041.13%4/6/20154/8/20154/23/2015
12/18/2014quarterly$0.041.21%1/12/20151/14/20151/29/2015
9/18/2014quarterly$0.041.34%10/6/201410/8/201410/23/2014
6/19/2014quarterly$0.041.04%7/15/20147/17/20147/31/2014
2/20/2014quarterly$0.041.06%4/7/20144/9/20144/24/2014
12/12/2013quarterly$0.041.17%1/13/20141/15/20141/30/2014
9/20/2013quarterly$0.041.37%10/7/201310/9/201310/24/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for New York Times Co (NYSE:NYT)
Insider Ownership Percentage: 6.20%
Institutional Ownership Percentage: 62.66%
Insider Trades by Quarter for New York Times Co (NYSE:NYT)
Institutional Ownership by Quarter for New York Times Co (NYSE:NYT)
Insider Trades by Quarter for New York Times Co (NYSE:NYT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/14/2017Doreen A TobenDirectorSell8,000$16.06$128,480.00View SEC Filing  
8/25/2016Levien Meredith A. KopitEVPSell26,728$13.06$349,067.68View SEC Filing  
8/18/2016Kenneth A RichieriEVPSell24,942$12.95$322,998.90View SEC Filing  
6/2/2016R Anthony BentenSVPSell14,464$12.06$174,435.84View SEC Filing  
5/16/2016James M FolloCFOSell54,898$12.30$675,245.40View SEC Filing  
5/11/2016Kenneth A RichieriEVPSell32,876$12.31$404,703.56View SEC Filing  
11/25/2015R Anthony BentenSVPSell6,600$14.05$92,730.00View SEC Filing  
11/19/2015James M. FolloCFOSell55,000$13.87$762,850.00View SEC Filing  
2/25/2015James M FolloCFOSell60,000$14.07$844,200.00View SEC Filing  
11/4/2014David E LiddleDirectorSell2,600$12.84$33,384.00View SEC Filing  
5/8/2014Joichi ItoDirectorBuy3,220$15.60$50,232.00View SEC Filing  
2/28/2014Brian McandrewsDirectorBuy3,160$16.31$51,539.60View SEC Filing  
11/26/2013Kenneth RichieriEVPSell3,207$13.67$43,839.69View SEC Filing  
5/7/2013James A KohlbergDirectorBuy5,370$9.35$50,209.50View SEC Filing  
3/11/2013Mark ThompsonCEOBuy10,000$9.68$96,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for New York Times Co (NYSE:NYT)
Latest Headlines for New York Times Co (NYSE:NYT)
Source:
DateHeadline
finance.yahoo.com logoThe New York Times issues new 'remote working policy'
finance.yahoo.com - May 26 at 5:24 AM
finance.yahoo.com logoTrump condemns leaks after UK police briefly halt information sharing
finance.yahoo.com - May 26 at 5:24 AM
finance.yahoo.com logoNew York Times under fire over Manchester crime scene photos
finance.yahoo.com - May 26 at 5:24 AM
finance.yahoo.com logoPRESS DIGEST- New York Times business news - May 26
finance.yahoo.com - May 26 at 5:24 AM
finance.yahoo.com logoNew York Times CEO on Digital Subscribers, Social Media
finance.yahoo.com - May 22 at 6:12 PM
finance.yahoo.com logoPRESS DIGEST- New York Times business news - May 19
finance.yahoo.com - May 19 at 7:31 PM
finance.yahoo.com logoWhite House responds to New York Times and Washington Pos...
finance.yahoo.com - May 19 at 7:31 PM
finance.yahoo.com logoPRESS DIGEST- New York Times business news - May 18
finance.yahoo.com - May 18 at 5:13 AM
nytimes.com logoAs Nationwide Gangs Fracture, Bullets Fly in New York
www.nytimes.com - May 17 at 8:36 AM
finance.yahoo.com logoPRESS DIGEST- New York Times business news - May 17
finance.yahoo.com - May 17 at 8:36 AM
seekingalpha.com logoSmooth Sailing For The New York Times?
seekingalpha.com - May 16 at 11:55 PM
nytimes.com logoFire Damages New York’s Beth Hamedrash Hagodol Synagogue
www.nytimes.com - May 16 at 11:55 PM
finance.yahoo.com logoTrump was reportedly inspired to hurry up his tax plan after reading a New York Times op-ed
finance.yahoo.com - May 16 at 6:42 PM
finance.yahoo.com logoTrump allegedly asked Comey to consider imprisoning members of the press
finance.yahoo.com - May 16 at 6:42 PM
finance.yahoo.com logoLyft partners with Waymo to launch self-driving car pilots
finance.yahoo.com - May 15 at 10:03 AM
finance.yahoo.com logoThe New York Times Company to Webcast Its Presentation at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference
finance.yahoo.com - May 15 at 10:03 AM
americanbankingnews.com logoNew York Times Co (NYT) Expected to Post Quarterly Sales of $394.36 Million
www.americanbankingnews.com - May 14 at 8:46 AM
americanbankingnews.com logoZacks: Brokerages Anticipate New York Times Co (NYT) Will Announce Earnings of $0.13 Per Share
www.americanbankingnews.com - May 12 at 10:20 PM
finance.yahoo.com logoSurging Digital Subscriptions Are Validating The New York Times' Business Model
finance.yahoo.com - May 11 at 7:27 PM
finance.yahoo.com logoThis Is How President Trump Fueled a Revenue Surge at The New York Times
finance.yahoo.com - May 10 at 7:11 PM
finance.yahoo.com logoNew York Times to run ‘Brexit Means Brexit’ tours of London for $6000, not including flights
finance.yahoo.com - May 10 at 11:54 AM
finance.yahoo.com logoSmooth Sailing for New York Times?
finance.yahoo.com - May 10 at 11:54 AM
finance.yahoo.com logoWhy Shares of the "Failing" New York Times Hit a 9-Year High
finance.yahoo.com - May 10 at 11:54 AM
News IconTiffany & Co. takes direct aim at Trump in new ad calling for action on climate change
www.businessinsider.com - May 9 at 6:36 PM
marketwatch.com logoThe New York Times will take you on a tour and teach you all about Brexit for $6,000
www.marketwatch.com - May 9 at 6:36 PM
finance.yahoo.com logoETFs with exposure to The New York Times Co. : May 9, 2017
finance.yahoo.com - May 9 at 6:36 PM
finance.yahoo.com logoSocial Media Outperformed, but It's Old Media That Impressed Investors
finance.yahoo.com - May 9 at 6:36 PM
finance.yahoo.com logoNew York Times (NYT) Shares March Higher, Can It Continue?
finance.yahoo.com - May 9 at 11:22 AM
finance.yahoo.com logoThe New York Times Co. :NYT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 12:13 PM
americanbankingnews.com logoQ2 2017 Earnings Estimate for New York Times Co Issued By Jefferies Group (NYT)
www.americanbankingnews.com - May 8 at 7:57 AM
americanbankingnews.com logoNew York Times Co (NYT) Expected to Post Q2 2018 Earnings of $0.13 Per Share
www.americanbankingnews.com - May 5 at 6:08 PM
americanbankingnews.com logoNew York Times Co (NYT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 5 at 1:10 PM
nytimes.com logoThe Best Movies and TV Shows New on Netflix Canada in May
www.nytimes.com - May 5 at 12:09 AM
marketwatch.com logoServices Stocks Under Scanner -- Gannett, Thomson Reuters, Time, and New York Times
www.marketwatch.com - May 5 at 12:09 AM
finance.yahoo.com logo[$$] New York Times Says Subscriber Growth Is Highest in Its History
finance.yahoo.com - May 4 at 7:07 PM
finance.yahoo.com logoNYT CEO: In a few years, I suspect digital revenue will s...
finance.yahoo.com - May 4 at 7:07 PM
finance.yahoo.com logoNY Times (NYT) Q1 Earnings Beat, Digital Subscribers Rise
finance.yahoo.com - May 4 at 7:07 PM
finance.yahoo.com logoThe New York Times Co.: Leads amongst peers with strong fundamentals
finance.yahoo.com - May 4 at 7:07 PM
forbes.com logoNew York Times' Digital Subscriptions Continue To Drive Growth
www.forbes.com - May 4 at 4:01 PM
americanbankingnews.com logoNew York Times' (NYT) Hold Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - May 4 at 1:16 PM
finance.yahoo.com logoEdited Transcript of NYT earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 4 at 1:06 AM
News IconNew York Times has 'the single best quarter for subscriber growth' in its history
www.businessinsider.com - May 3 at 8:05 PM
nytimes.com logoNew York Times Co. Reports Rising Digital Profit as Print Advertising Falls
www.nytimes.com - May 3 at 8:05 PM
wsj.com logoNew York Times Says Subscriber Growth Is Highest in Its History
www.wsj.com - May 3 at 8:05 PM
finance.yahoo.com logoIs The New York Times' Trump Rally About To Fade?
finance.yahoo.com - May 3 at 8:05 PM
finance.yahoo.com logoTrump has been ‘rocket fuel’ for NYT digital subscriptions, CEO says
finance.yahoo.com - May 3 at 8:05 PM
finance.yahoo.com logoNew York Times Stock Soars on Report of Record-Breaking Digital Subscriber Growth
finance.yahoo.com - May 3 at 8:05 PM
americanbankingnews.com logoNew York Times Co (NYT) Issues Earnings Results
www.americanbankingnews.com - May 3 at 4:36 PM
marketbeat.com logoNew York Times adds 308,000 digital subscription in 1Q
marketbeat.com - May 3 at 11:24 AM
marketbeat.com logoNew York Times posts 1Q profit
marketbeat.com - May 3 at 8:52 AM

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Chart

New York Times Co (NYT) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff