About Time (NYSE:TIME)
Time 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
Industry Consumer Publishing
Trailing P/E Ratio-614.795068310563
Forward P/E Ratio17.41
Sales & Book Value
Annual Sales$3.08 billion
Price / Sales0.60
Cash Flow$2.53 per share
Price / Cash7.30
Book Value$14.54 per share
Price / Book1.27
Return on Equity7.53%
Return on Assets2.52%
Time (NYSE:TIME) Frequently Asked Questions
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 Thursday, November 9th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.04 per share on Friday, December 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Wednesday, November 29th. View Time's Dividend History.
How were Time's earnings last quarter?
Time Inc (NYSE:TIME) announced its earnings results on Thursday, November, 9th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.08. The business had revenue of $679 million for the quarter, compared to analyst estimates of $693.65 million. Time had a positive return on equity of 7.53% and a negative net margin of 0.10%. The business's revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 earnings per share. View Time's Earnings History.
When will Time make its next earnings announcement?
Where is Time's stock going? Where will Time's stock price be in 2018?
7 equities research analysts have issued 1-year target prices for Time's stock. Their predictions range from $7.00 to $20.00. On average, they expect Time's stock price to reach $14.00 in the next twelve months. View Analyst Ratings for Time.
Are investors shorting Time?
Time saw a drop in short interest in the month of December. As of December 29th, there was short interest totalling 2,658,121 shares, a drop of 54.8% from the December 15th total of 5,887,280 shares. Based on an average trading volume of 897,160 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.7% of the shares of the company are sold short.
Who are some of Time's key competitors?
Some companies that are related to Time include Nu Skin Enterprises (NUS), Lancaster Colony (LANC), Edgewell Personal Care (EPC), New York Times (NYT), Tupperware Brands (TUP), Darling Ingredients (DAR), Industrias Bachoco (IBA), Sanderson Farms (SAFM), TreeHouse Foods (THS), Nomad Foods (NOMD), Hillenbrand (HI), Britvic (BTVCY), J & J Snack Foods (JJSF), Helen of Troy (HELE), Fresh Del Monte Produce (FDP), United Natural Foods (UNFI), Embotelladora Andina (AKO.B) and Cott (COT).
Who are Time's key executives?
Time's management team includes the folowing people:
- Richard Battista, President, Chief Executive Officer, Director (Age 53)
- Susana D'Emic, Chief Financial Officer, Executive Vice President, Controller (Age 53)
- Jennifer Wong, Chief Operating Officer, Executive Vice President (Age 41)
- Gregory Giangrande, Executive Vice President, Chief Human Resources and Communications Officer (Age 54)
- Lauren Ezrol Klein, Executive Vice President, General Counsel, Corporate Secretary (Age 50)
- Leslie Dukker Doty, Executive Vice President - Consumer Marketing and Revenue (Age 62)
- Brad Elders, Executive Vice President, Chief Revenue Officer (Age 49)
- Mark Ford, Executive Vice President - Senior Strategic Sales Advisor (Age 59)
- Erik Moreno, Executive Vice President, President - Corporate Development, New Ventures and Investments (Age 42)
- Galiya Tleuova, Senior Vice President, Controller
Who owns Time stock?
Time's stock is owned by a number of of retail and institutional investors. Top institutional investors include Schwab Charles Investment Management Inc. (1.12%) and Gateway Investment Advisers LLC (0.06%). Company insiders that own Time stock include David Arthur Bell, Dennis J Fitzsimons, Gregory Giangrande, John M Fahey Jr, John M Fahey, Jr, 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 Gateway Investment Advisers LLC and Schwab Charles Investment Management Inc.. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Time's stock price today?
One share of Time stock can currently be purchased for approximately $18.45.
How big of a company is Time?
Time has a market capitalization of $1.84 billion and generates $3.08 billion in revenue each year. The company earns $-48,000,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Time employs 7,450 workers across the globe.
How can I contact Time?
Time's mailing address is 225 LIBERTY STREET, NEW YORK NY, 10281. The company can be reached via phone at 212-522-1212 or via email at [email protected]
MarketBeat Community Rating for Time (TIME)
MarketBeat's community ratings are surveys of what our community members think about Time 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.
|Community Ranking: || ||2.3 out of 5 ( )|
|Outperform Votes: || ||331 (Thanks for Voting!)|
|Underperform Votes: || ||381 (Thanks for Voting!)|
|Total Votes: || ||712|
Time (NYSE:TIME) Earnings History and Estimates Chart
Time (NYSE TIME) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/9/2017||Q3 2017||$0.28||$0.36||$693.65 million||$679.00 million||View||N/A|
|8/8/2017||Q2 2017||$0.16||$0.13||$698.66 million||$694.00 million||View||Listen|
|5/10/2017||Q1 2017||($0.15)||($0.18)||$641.85 million||$636.00 million||View||N/A|
|2/16/2017||Q416||$0.78||$0.75||$872.73 million||$867.00 million||View||N/A|
|11/3/2016||Q316||$0.30||$0.31||$770.57 million||$750.00 million||View||N/A|
|8/4/2016||Q216||$0.15||$0.22||$782.49 million||$769.00 million||View||N/A|
|5/5/2016||Q116||($0.14)||($0.11)||$675.39 million||$690.00 million||View||N/A|
|2/11/2016||Q415||$0.66||$0.58||$872.09 million||$877.00 million||View||Listen|
|11/5/2015||Q315||$0.27||$0.32||$769.35 million||$773.00 million||View||N/A|
|8/4/2015||Q215||$0.15||$0.27||$758.03 million||$773.00 million||View||N/A|
|5/7/2015||Q115||($0.20)||($0.06)||$680.94 million||$680.00 million||View||N/A|
|2/12/2015||Q414||$0.78||$0.73||$904.30 million||$895.00 million||View||N/A|
|11/4/2014||Q314||$0.36||$0.41||$817.56 million||$821.00 million||View||N/A|
|8/5/2014||Q214||$0.19||$0.30||$821.33 million||$820.00 million||View||N/A|
Time (NYSE:TIME) Earnings Estimates
Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $1.36 EPS
Time (NYSE:TIME) Dividend Information
|Most Recent Dividend:||12/15/2017|
|Dividend Growth:||17.70% (3 Year Average)|
|Payout Ratio:||-533.16% (Trailing 12 Months of Earnings) |
15.09% (Based on This Year's Estimates)
11.76% (Based on Next Year's Estimates)
Time (NYSE:TIME) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Time (NYSE TIME) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.92%
Institutional Ownership Percentage: 88.20%
Time (NYSE TIME) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/21/2017||Ronald S Rolfe||Director||Buy||2,000||$12.40||$24,800.00||51,101|| |
|5/18/2017||Dennis J Fitzsimons||Director||Buy||3,000||$11.99||$35,970.00||30,674|| |
|5/15/2017||Ronald S Rolfe||Director||Buy||2,000||$12.85||$25,700.00||32,147|| |
|5/11/2017||John M Fahey Jr||Director||Buy||1,000||$12.93||$12,930.00||27,337|| |
|11/4/2016||John M Fahey Jr||Director||Buy||1,000||$12.62||$12,620.00||26,437|| |
|11/3/2016||Gregory Giangrande||EVP||Sell||1,330||$12.62||$16,784.60||60,088|| |
|5/9/2016||David Arthur Bell||Director||Buy||5,000||$15.06||$75,300.00||19,170|| |
|3/15/2016||David Arthur Bell||Director||Buy||3,400||$14.76||$50,184.00||14,170|| |
|3/15/2016||Mark Ford||EVP||Sell||4,176||$14.87||$62,097.12||45,059|| |
|2/23/2016||Ronald S Rolfe||Director||Buy||1,000||$14.01||$14,010.00||15,402|| |
|2/18/2016||John M Fahey Jr||Director||Buy||1,000||$14.14||$14,140.00||17,470|| |
|2/12/2016||John M. Fahey, Jr.||Director||Buy||3,000||$12.80||$38,400.00||17,370|| |
|12/7/2015||Lynne Biggar||EVP||Sell||2,515||$16.47||$41,422.05||28,939|| |
|12/2/2015||David Arthur Bell||Director||Buy||2,400||$16.88||$40,512.00||10,770|| |
|11/11/2015||Dennis J Fitzsimons||Director||Buy||3,000||$16.60||$49,800.00||17,536|| |
|9/8/2015||John M Fahey Jr||Director||Buy||1,000||$19.44||$19,440.00||12,370|| |
|8/24/2015||Dennis J Fitzsimons||Director||Buy||1,000||$19.76||$19,760.00||14,536|| |
|6/2/2015||Gregory Giangrande||EVP||Buy||9,000||$22.56||$203,040.00|| |
|5/12/2015||Dennis J Fitzsimons||Director||Buy||4,000||$21.93||$87,720.00|| |
|3/13/2015||J Randall Macdonald||Director||Buy||4,500||$22.55||$101,475.00|| |
|3/5/2015||Jeffrey John Bairstow||CFO||Buy||5,000||$22.27||$111,350.00|| |
|2/27/2015||Ronald S Rolfe||Director||Buy||4,000||$24.10||$96,400.00|| |
|2/23/2015||Howard Stringer||Director||Buy||4,000||$24.55||$98,200.00|| |
|2/17/2015||John M Fahey Jr||Director||Buy||3,000||$24.79||$74,370.00|| |
|9/4/2014||Dennis J Fitzsimons||Director||Buy||1,000||$23.49||$23,490.00|| |
Time (NYSE TIME) News Headlines
|With General Electric Corporation, It’s Time to Double Down — As a Bear!|
investorplace.com - January 18 at 10:27 AM
|Time Inc (TIME) Short Interest Update|
www.americanbankingnews.com - January 18 at 2:00 AM
|Dow Jones Takes 26,000 for the First Time|
investorplace.com - January 17 at 5:51 PM
|Why Now Is the Perfect Time to Short Juno Therapeutics Inc Stock|
investorplace.com - January 17 at 10:27 AM
|It’s Time for Investors to Disconnect Sprint Corp Stock|
investorplace.com - January 17 at 7:29 AM
|Hess Corp. Stock May Have Hit Bottom, Time to Buy Is Now|
investorplace.com - January 16 at 1:15 PM
|See what the IHS Markit Score report has to say about Time Warner Inc.|
finance.yahoo.com - January 15 at 11:10 AM
|Meredith Corporation Extends Tender Offer To Acquire Time Inc. - PR Newswire (press release)|
www.prnewswire.com - January 13 at 3:34 PM
|BRIEF-Meredith's Acquisition Of Time Inc Receives Antitrust Clearance|
www.reuters.com - January 13 at 11:10 AM
|Time Inc., Peach Bowl executives join Birmingham marketing firm|
www.bizjournals.com - January 12 at 3:33 PM
|Aritzia Inc. Stock Is Rebounding: Time to Buy?|
www.fool.ca - January 12 at 3:33 PM
|8 Stocks That Will Hit All-Time Highs in 2018|
investorplace.com - January 12 at 3:12 PM
|It’s Time to Think of International Business Machines Corp as Blockchain|
investorplace.com - January 12 at 2:28 PM
|Square Inc Remains a ‘Right Stock, Wrong Time’ Story|
investorplace.com - January 12 at 2:28 PM
|Form 8-K Time Inc. For: Jan 08 - StreetInsider.com|
www.streetinsider.com - January 12 at 11:22 AM
|Time Inc.'s PeopleTV to Debut Live & Interactive Nightly Primetime Series, 'The Chatter,' Built Exclusively for ... - Business Wire (press release)|
www.businesswire.com - January 12 at 11:22 AM
|Meredith Extends Tender Offer For Time Inc. - Quick Facts|
www.nasdaq.com - January 11 at 12:03 PM
|Markstein Welcomes Time, Inc. and Chick-fil-A Peach Bowl Executives|
www.businesswire.com - January 11 at 12:03 PM
|Time Warner Inc. to Report Fourth-Quarter & Full-Year 2017 Results|
finance.yahoo.com - January 11 at 12:03 PM
|BRIEF-Meredith Corporation Extends Tender Offer To Acquire Time Inc|
www.reuters.com - January 11 at 12:03 PM
|It’s Time to End the Insanity In Eastman Kodak Company Stock|
investorplace.com - January 11 at 10:49 AM
|Is It Time to Take Some Money Off the Table?|
investorplace.com - January 11 at 9:18 AM
|Time Inc.'s PeopleTV to Debut Live & Interactive Nightly Primetime Series, 'The Chatter,' Built Exclusively for Twitter Audience|
finance.yahoo.com - January 10 at 11:34 AM
|Shopify Inc Stock Is Headed for a New All-Time High|
investorplace.com - January 10 at 7:28 AM
|After Irrational Fire Sale, It’s Time to Buy the Dip in Merck & Co., Inc. Stock|
investorplace.com - January 9 at 12:37 PM
|Time Inc (TIME) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - January 9 at 8:06 AM
|It’s Time for the Feds to Clarify Their Definition of Marijuana|
investorplace.com - January 9 at 8:05 AM
|WeissLaw LLP Files Class Action Lawsuit Against Time, Inc.|
finance.yahoo.com - January 8 at 3:41 PM
|It’s Time for IBM to Move on From CEO Ginni Rometty|
investorplace.com - January 8 at 12:40 PM
|3 Big Time Danger Signals for Roku Inc Stock|
investorplace.com - January 8 at 9:37 AM
|Now Is The Perfect Time For Apple Inc. (AAPL) To Buy Netflix, Inc. (NFLX)|
www.msn.com - January 8 at 9:19 AM
|Zacks Investment Research Upgrades Time (TIME) to Strong-Buy|
www.americanbankingnews.com - January 5 at 12:32 PM
|Dow Jones Surges Past 25,000 for the First Time|
investorplace.com - January 4 at 5:40 PM
|Meredith is buying Time Inc. for $1.8 billion|
www.msn.com - January 4 at 3:36 PM
|Time Inc. Sells Essence to Company Formed by Co-Founder of Sundial Brands|
www.wsj.com - January 4 at 3:36 PM
|African-American company buys Essence Communications from Time, Inc.|
www.nbcnews.com - January 4 at 3:36 PM
|Meredith Corp. -- Moody's assigns B1 CFR to Meredith Corp., outlook is stable.|
finance.yahoo.com - January 4 at 3:36 PM
|Essence leaves Time Inc. and will be 100% black-owned - USA TODAY|
www.usatoday.com - January 4 at 11:17 AM
|[$$] Time Inc. Sells Essence to Company Formed by Co-Founder of Sundial Brands|
finance.yahoo.com - January 4 at 11:17 AM
|Time Inc. jettisons Essence magazine|
finance.yahoo.com - January 3 at 3:35 PM
|Why It’s Time to Take Notice of the Turnaround at Kinder Morgan Inc|
finance.yahoo.com - January 2 at 3:51 PM
|Why It’s Time to Take Notice of the Turnaround at Kinder Morgan Inc|
investorplace.com - January 2 at 3:33 PM
|CAE Inc (TSE:CAE): Time For A Financial Health Check|
finance.yahoo.com - December 31 at 3:38 PM
|Why Now Is the Time Profit From Snap Inc Stock’s Bearish Rollover|
investorplace.com - December 28 at 10:30 AM
|Fortune Magazine’s Stunning Winter Holiday Covers from the 1930s|
finance.yahoo.com - December 27 at 1:07 PM
|Yes, It Is Time to Take Profits in Boeing Co Stock Now|
investorplace.com - December 27 at 7:57 AM
|Is It Time To Buy American Airlines Group Inc (NASDAQ:AAL)?|
finance.yahoo.com - December 26 at 3:25 PM
|Why It’s Time for Investors to Buy Intel Corporation Stock|
investorplace.com - December 22 at 2:39 PM
|URGENT: Monteverde & Associates PC Announces An Investigation Of TIME, Inc. - TIME|
finance.yahoo.com - December 21 at 11:31 AM
|Technicals Tell: Not the Time to Buy Adobe Systems Incorporated Stock|
investorplace.com - December 21 at 6:00 AM
Time (NYSE:TIME) SEC Filings
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Time (NYSE:TIME) Income Statement, Balance Sheet and Cash Flow Statement
Time (NYSE TIME) Stock Chart for Thursday, January, 18, 2018