Time Company Profile (NYSE:TIME)

About Time (NYSE:TIME)

Time logoTime Inc. is a media and content company. The Company offers a portfolio of news and lifestyle brands across a range of interest areas. As of December 31, 2016, the Company's brands included People, Time, Fortune, Sports Illustrated, InStyle, Real Simple, Southern Living, Entertainment Weekly, Food & Wine, Travel + Leisure and Essence, as well as approximately 50 titles in the United Kingdom. The Company also offers its brands through other media and platforms including licensing, video and television, live events and paid products and services. The Company also offers events, such as the Time 100, Fortune Most Powerful Women, People's Sexiest Man Alive, Sports Illustrated's Sportsperson of the Year, the Essence Festival and the Food & Wine Classic in Aspen. It is a subscription marketer in the United States media industry. It also offers its advertisers a range of analytics and research services, including consumer insights, audience measurement and accountability reporting.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Publishing - Periodicals
  • Sub-Industry: N/A
  • Symbol: NYSE:TIME
  • CUSIP: N/A
  • Web: www.timeinc.com
Capitalization:
  • Market Cap: $1.2 billion
  • Outstanding Shares: 99,458,000
Average Prices:
  • 50 Day Moving Avg: $15.42
  • 200 Day Moving Avg: $17.23
  • 52 Week Range: $11.65 - $20.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.25
  • P/E Growth: 2.02
Sales & Book Value:
  • Annual Revenue: $3.03 billion
  • Price / Sales: 0.40
  • Book Value: $14.08 per share
  • Price / Book: 0.86
Dividend:
  • Annual Dividend: $0.76
  • Dividend Yield: 1.3%
Profitability:
  • EBIDTA: $383 million
  • Net Margins: -2.82%
  • Return on Equity: 6.31%
  • Return on Assets: 2.32%
Debt:
  • Debt-to-Equity Ratio: 0.81%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.91%
Misc:
  • Average Volume: 1.66 million shs.
  • Beta: 0.87
  • Short Ratio: 3.91
 

Frequently Asked Questions for Time (NYSE:TIME)

What is Time's stock symbol?

Time trades on the New York Stock Exchange (NYSE) under the ticker symbol "TIME."

How often does Time pay dividends? What is the dividend yield for Time?

Time announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.04 per share on Thursday, June 15th. This represents a $0.16 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Friday, May 26th. View Time's Dividend History.

How were Time's earnings last quarter?

Time Inc (NYSE:TIME) announced its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.03. The company had revenue of $636 million for the quarter, compared to analyst estimates of $641.85 million. Time had a positive return on equity of 6.31% and a negative net margin of 2.82%. The firm's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. View Time's Earnings History.

Where is Time's stock going? Where will Time's stock price be in 2017?

4 brokers have issued 12-month price objectives for Time's shares. Their forecasts range from $14.00 to $17.00. On average, they anticipate Time's stock price to reach $15.25 in the next year. View Analyst Ratings for Time.

Who are some of Time's key competitors?

Who owns Time stock?

Time's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.67%), Fairpointe Capital LLC (9.88%), Vanguard Group Inc. (8.60%), Dimensional Fund Advisors LP (4.96%), Omega Advisors Inc. (4.39%) and State Street Corp (3.46%). Company insiders that own Time stock include David Arthur Bell, Dennis J Fitzsimons, Gregory Giangrande, John M Fahey Jr, John M Fahey, Jr, Lynne Biggar, Mark Ford and Ronald S Rolfe. View Institutional Ownership Trends for Time.

Who sold Time stock? Who is selling Time stock?

Time's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Prudential Financial Inc., Fairpointe Capital LLC, OppenheimerFunds Inc., Engineers Gate Manager LP, Credit Suisse AG and Vanguard Group Inc.. View Insider Buying and Selling for Time.

Who bought Time stock? Who is buying Time stock?

Time's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Omega Advisors Inc., State of New Jersey Common Pension Fund D, AQR Capital Management LLC and Commonwealth of Pennsylvania Public School Empls Retrmt SYS. Company insiders that have bought Time stock in the last two years include David Arthur Bell, Dennis J Fitzsimons, Gregory Giangrande, John M Fahey Jr, John M Fahey, Jr and Ronald S Rolfe. View Insider Buying and Selling for Time.

How do I buy Time stock?

Shares of Time 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 Time stock cost?

One share of Time stock can currently be purchased for approximately $12.10.

Analyst Ratings

Consensus Ratings for Time (NYSE:TIME) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $15.25 (26.03% upside)

Analysts' Ratings History for Time (NYSE:TIME)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Wells Fargo & CoDowngradeOutperform -> Market PerformHighView Rating Details
3/20/2017StephensUpgradeUnderweight -> Equal WeightLowView Rating Details
9/27/2016Citigroup IncLower Price TargetBuy$18.00 -> $17.00N/AView Rating Details
8/5/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
5/19/2016MacquarieUpgradeNeutral -> Outperform$17.00N/AView Rating Details
2/14/2016FBR & CoReiterated RatingBuyN/AView Rating Details
2/12/2016GabelliUpgradeHold -> Buy$20.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Time (NYSE:TIME)
Earnings by Quarter for Time (NYSE:TIME)
Earnings History by Quarter for Time (NYSE:TIME)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017($0.15)($0.18)$641.85 million$636.00 millionViewN/AView Earnings Details
2/16/2017Q416$0.78$0.75$872.73 million$867.00 millionViewN/AView Earnings Details
11/3/2016Q316$0.30$0.31$770.57 million$750.00 millionViewN/AView Earnings Details
8/4/2016Q216$0.15$0.22$782.49 million$769.00 millionViewN/AView Earnings Details
5/5/2016Q116($0.14)($0.11)$675.39 million$690.00 millionViewN/AView Earnings Details
2/11/2016Q415$0.66$0.58$872.09 million$877.00 millionViewListenView Earnings Details
11/5/2015Q315$0.27$0.32$769.35 million$773.00 millionViewN/AView Earnings Details
8/4/2015Q215$0.15$0.27$758.03 million$773.00 millionViewN/AView Earnings Details
5/7/2015Q115($0.20)($0.06)$680.94 million$680.00 millionViewN/AView Earnings Details
2/12/2015Q414$0.78$0.73$904.30 million$895.00 millionViewN/AView Earnings Details
11/4/2014Q314$0.36$0.41$817.56 million$821.00 millionViewN/AView Earnings Details
8/5/2014Q214$0.19$0.30$821.33 million$820.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Time (NYSE:TIME)
Current Year EPS Consensus Estimate: $1.18 EPS
Next Year EPS Consensus Estimate: $1.18 EPS

Dividends

Current Dividend Information for Time (NYSE:TIME)
Next Dividend:6/15/2017
Annual Dividend:$0.76
Dividend Yield:6.28%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-84.44% (Trailing 12 Months of Earnings)
64.41% (Based on This Year's Estimates)
64.41% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Time (NYSE:TIME)

Dividend History by Quarter for Time (NYSE:TIME)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2017Quarterly$0.045/26/20175/31/20176/15/2017
2/16/2017Quarterly$0.192/24/20172/28/20173/15/2017
11/3/2016quarterly$0.195.91%11/28/201611/30/201612/15/2016
8/4/2016quarterly$0.195.3%8/29/20168/31/20169/15/2016
5/6/2016quarterly$0.194.92%5/26/20165/31/20166/15/2016
2/12/2016quarterly$0.196.08%2/25/20162/29/20163/15/2016
11/6/2015quarterly$0.194.37%11/25/201511/30/201512/15/2015
8/4/2015quarterly$0.193.39%8/27/20158/31/20159/15/2015
5/8/2015quarterly$0.193.36%5/27/20155/29/20156/15/2015
2/13/2015quarterly$0.193.06%2/25/20152/27/20153/13/2015
10/29/2014quarterly$0.1911/25/201411/28/201412/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Time (NYSE:TIME)
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 89.90%
Insider Trades by Quarter for Time (NYSE:TIME)
Institutional Ownership by Quarter for Time (NYSE:TIME)
Insider Trades by Quarter for Time (NYSE:TIME)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/18/2017Dennis J FitzsimonsDirectorBuy3,000$11.99$35,970.00View SEC Filing  
5/15/2017Ronald S RolfeDirectorBuy2,000$12.85$25,700.00View SEC Filing  
5/11/2017John M Fahey JrDirectorBuy1,000$12.93$12,930.00View SEC Filing  
11/4/2016John M Fahey JrDirectorBuy1,000$12.62$12,620.00View SEC Filing  
11/3/2016Gregory GiangrandeEVPSell1,330$12.62$16,784.60View SEC Filing  
5/9/2016David Arthur BellDirectorBuy5,000$15.06$75,300.00View SEC Filing  
3/15/2016David Arthur BellDirectorBuy3,400$14.76$50,184.00View SEC Filing  
3/15/2016Mark FordEVPSell4,176$14.87$62,097.12View SEC Filing  
2/23/2016Ronald S RolfeDirectorBuy1,000$14.01$14,010.00View SEC Filing  
2/18/2016John M Fahey JrDirectorBuy1,000$14.14$14,140.00View SEC Filing  
2/12/2016John M. Fahey, Jr.DirectorBuy3,000$12.80$38,400.00View SEC Filing  
12/7/2015Lynne BiggarEVPSell2,515$16.47$41,422.05View SEC Filing  
12/2/2015David Arthur BellDirectorBuy2,400$16.88$40,512.00View SEC Filing  
11/11/2015Dennis J FitzsimonsDirectorBuy3,000$16.60$49,800.00View SEC Filing  
9/8/2015John M Fahey JrDirectorBuy1,000$19.44$19,440.00View SEC Filing  
8/24/2015Dennis J FitzsimonsDirectorBuy1,000$19.76$19,760.00View SEC Filing  
6/2/2015Gregory GiangrandeEVPBuy9,000$22.56$203,040.00View SEC Filing  
5/12/2015Dennis J FitzsimonsDirectorBuy4,000$21.93$87,720.00View SEC Filing  
3/13/2015J Randall MacdonaldDirectorBuy4,500$22.55$101,475.00View SEC Filing  
3/5/2015Jeffrey John BairstowCFOBuy5,000$22.27$111,350.00View SEC Filing  
2/27/2015Ronald S RolfeDirectorBuy4,000$24.10$96,400.00View SEC Filing  
2/23/2015Howard StringerDirectorBuy4,000$24.55$98,200.00View SEC Filing  
2/17/2015John M Fahey JrDirectorBuy3,000$24.79$74,370.00View SEC Filing  
9/4/2014Dennis J FitzsimonsDirectorBuy1,000$23.49$23,490.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Time (NYSE:TIME)
Latest Headlines for Time (NYSE:TIME)
Source:
DateHeadline
investorplace.com logoAdvanced Micro Devices, Inc. (AMD): It’s Do or Die Time for AMD Stock
investorplace.com - May 27 at 1:48 PM
investorplace.com logoGo Long Costco Wholesale Corporation (COST) Stock Near All-Time Highs
investorplace.com - May 26 at 10:16 AM
rttnews.com logoNetflix Inc. (NFLX) Climbed To A New All-Time High
www.rttnews.com - May 26 at 7:44 AM
News IconBRIEF-Diana Shipping Inc announces time charter contracts for M/V Astarte, M/V Erato
www.businessinsider.com - May 26 at 7:43 AM
finance.yahoo.com logoMedia content and distribution is a tough marriage: Edgar...
finance.yahoo.com - May 26 at 7:43 AM
finance.yahoo.com logoMusic is a 'compelling' content story: Edgar Bronfman
finance.yahoo.com - May 26 at 7:43 AM
finance.yahoo.com logoTime Inc. 'begging to be a media company': Edgar Bronfman
finance.yahoo.com - May 26 at 7:43 AM
finance.yahoo.com logoEdgar Bronfman's venture plays
finance.yahoo.com - May 26 at 7:43 AM
finance.yahoo.com logoShop Your Way® Partners With Time Inc. To Reward Members
finance.yahoo.com - May 26 at 7:43 AM
finance.yahoo.com logoTime Inc. and DesignSingapore Council Announce Leadership and Global Advisory Council for Brainstorm Design, Singapore, March 6-8, 2018
finance.yahoo.com - May 26 at 7:43 AM
investorplace.com logoNasdaq, S&P 500 Close at All-Time Highs
investorplace.com - May 25 at 6:28 PM
investorplace.com logoTime to Go Long Facebook Inc (FB) and Short Snap Inc (SNAP)
investorplace.com - May 24 at 7:15 PM
investorplace.com logoFitbit Inc (FIT) Stock Is Dying, It’s Time to Sell
investorplace.com - May 24 at 11:08 AM
investorplace.com logoAmazon.com, Inc. (AMZN) Stock Is Still a Buy at All-Time Highs
investorplace.com - May 24 at 10:32 AM
finance.yahoo.com logoTime Inc. to Present at the 2017 Stephens Spring Investment Conference on Tuesday, June 6th
finance.yahoo.com - May 23 at 7:37 PM
investorplace.com logoWhy the Bull Market in CEFs Is Really Different This Time
investorplace.com - May 23 at 11:21 AM
finance.yahoo.com logoScribd reaches profitability and adds newspaper stories to its monthly subscription
finance.yahoo.com - May 23 at 8:52 AM
investorplace.com logoHow to Buy Microsoft Corporation (MSFT) Stock at All-Time Highs
investorplace.com - May 23 at 8:19 AM
americanbankingnews.com logoTime Inc (TIME) Director Purchases $35,970.00 in Stock
www.americanbankingnews.com - May 22 at 8:14 PM
investorplace.com logoIt’s Time General Electric Company (GE) Stock Died
investorplace.com - May 19 at 11:46 AM
investorplace.com logoTrade Alibaba Group Holding Ltd (BABA) Stock for Free at All-Time Highs
investorplace.com - May 19 at 9:16 AM
investorplace.com logoAs KeyCorp Hikes Its Dividend Is It Time to Own KEY Stock?
investorplace.com - May 19 at 7:24 AM
thestreet.com logoTime Inc.'s Sports Illustrated Play Named Official Technology Partner Of The American Amateur Baseball Congress
www.thestreet.com - May 18 at 12:42 PM
finance.yahoo.com logoTime Inc.’s Sports Illustrated Play Named Official Technology Partner of the American Amateur Baseball Congress
finance.yahoo.com - May 18 at 12:42 PM
americanbankingnews.com logoInsider Buying: Time Inc (TIME) Director Buys 2,000 Shares of Stock
www.americanbankingnews.com - May 17 at 8:35 PM
finance.yahoo.com logoTime Inc. to open two more Southern Living stores
finance.yahoo.com - May 17 at 8:11 PM
businesswire.com logoTime Inc. Announces New Coastal Living Line, COASTAL LIVING Collection at Bed Bath & Beyond ®
www.businesswire.com - May 17 at 12:32 PM
finance.yahoo.com logoTime Inc.'s SOUTHERN LIVING Launches Two New Branded Retail Stores
finance.yahoo.com - May 17 at 12:32 PM
investorplace.com logoWhy Tesla Inc (TSLA) Stock Is the Ultimate Story for Our Time
investorplace.com - May 17 at 12:28 PM
investorplace.com logoThe Nasdaq Hits a New Record High for the 33rd Time in 2017
investorplace.com - May 17 at 8:36 AM
finance.yahoo.com logoTime Inc.’s People en Español Celebrates 20th Anniversary of “Los Más Bellos” (“Most Beautiful”) List at Annual Red Carpet Event
finance.yahoo.com - May 16 at 8:12 PM
finance.yahoo.com logoTime Inc.’s Video Social Brand, Well Done, Announces Kraft Heinz as Launch Advertiser
finance.yahoo.com - May 15 at 7:22 PM
finance.yahoo.com logoTime Inc. Announces New Coastal Living Line, COASTAL LIVING Collection at Bed Bath & Beyond®
finance.yahoo.com - May 15 at 7:22 PM
finance.yahoo.com logoETFs with exposure to Time, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 7:22 PM
fool.com logoWhy Time Inc. Stock Plunged 21% in April
www.fool.com - May 15 at 1:25 PM
americanbankingnews.com logoTime Inc (TIME) Director John M. Fahey, Jr. Buys 1,000 Shares
www.americanbankingnews.com - May 12 at 11:16 PM
finance.yahoo.com logoTime, Inc. :TIME-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 3:43 PM
americanbankingnews.com logoTime Inc (TIME) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 12 at 7:28 AM
americanbankingnews.com logoTime Inc (time) Declares $0.04 Quarterly Dividend
www.americanbankingnews.com - May 11 at 1:54 PM
investorplace.com logoTrade Facebook Inc (FB) Stock Near All-Time Highs Without Fear
investorplace.com - May 11 at 12:28 PM
msn.com logoTime Inc. to Sell Some Assets Amid Push to Move Beyond Magazines
www.msn.com - May 11 at 2:10 AM
seekingalpha.com logoTime Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 11 at 2:10 AM
wsj.com logoTime Inc. to Cut Costs, Sell Assets
www.wsj.com - May 11 at 2:10 AM
reuters.com logoTime Inc slashes dividend in cost-cutting push, shares dive
www.reuters.com - May 11 at 2:10 AM
News IconBRIEF-Time Inc reports qtrly loss per share $0.29
www.businessinsider.com - May 11 at 2:10 AM
usatoday.com logoTime Inc. shares down on Q1 loss, CEO promises 'aggressive' cost-cutting
www.usatoday.com - May 11 at 2:10 AM
finance.yahoo.com logoShares of Time Inc. Sink 15% After Rough First Quarter and Dividend Cut
finance.yahoo.com - May 11 at 2:10 AM
finance.yahoo.com logoTime Inc shares tumble as publisher announces asset sale
finance.yahoo.com - May 11 at 2:10 AM
finance.yahoo.com logoComey Shock Rattles Wall Street; Best Day of Year for Crude Drives Energy Gains
finance.yahoo.com - May 11 at 2:10 AM
finance.yahoo.com logoTime Inc. Slashes Dividend 75%, Frustrated Shareholders Sell
finance.yahoo.com - May 11 at 2:10 AM

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Chart

Time (TIME) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff