Time Company Profile (NYSE:TIME)

About Time

Time logoTime Inc. is a media company. The Company's brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as over 50 diverse titles in the United Kingdom, such as Decanter, Horse & Hound, and Wallpaper*. The Company's franchises and events include the Fortune 500, Time 100, People's Sexiest Man Alive, Sports Illustrated's Sportsperson of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. The Company provides content marketing, targeted local print and digital advertising programs, branded book publishing, and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services, and customer service and fulfillment services, for the Company and third-party clients, including other magazine publishers.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Publishing - Periodicals
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: TIME
  • CUSIP:
Key Metrics:
  • Previous Close: $19.40
  • 50 Day Moving Average: $18.97
  • 200 Day Moving Average: $15.75
  • 52-Week Range: $12.50 - $20.40
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.57
  • P/E Growth: 2.96
  • Market Cap: $1.89B
  • Outstanding Shares: 98,949,000
  • Beta: 0.87
Profitability:
  • 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%
Additional Links:
Companies Related to Time:

Analyst Ratings

Consensus Ratings for Time (NYSE:TIME) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $15.60 (17.89% downside)

Analysts' Ratings History for Time (NYSE:TIME)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017StephensDowngradeEqual Weight -> Sell$15.00View Rating Details
1/10/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformView Rating Details
9/27/2016Citigroup Inc.Lower Price TargetBuy$18.00 -> $17.00View Rating Details
8/5/2016Morgan StanleySet Price TargetHold$15.00View Rating Details
5/19/2016MacquarieUpgradeNeutral -> Outperform$17.00View Rating Details
2/14/2016FBR & CoReiterated RatingBuyView Rating Details
2/12/2016GabelliUpgradeHold -> Buy$20.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Time (NYSE:TIME)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
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: $1.35 EPS
Next Year EPS Consensus Estimate: $1.22 EPS

Dividends

Current Dividend Information for Time (NYSE:TIME)
Annual Dividend:$0.76
Dividend Yield:4.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-84.44% (Based on Trailing 12 Months of Earnings)
56.30% (Based on Current Year Consensus EPS Estimate)
62.30% (Based on Next Year Consensus EPS Estimate)

Dividend History for Time (NYSE:TIME)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Time (NYSE:TIME)
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 89.90%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Time (NYSE:TIME)
DateHeadline
fool.ca logoWhy it’s Time to Buy Home Capital Group Inc. (NYSE:TIME)
www.fool.ca - February 22 at 10:18 AM
tmcnet.com logoSureID, Inc. Launches Universal Identity Solution Direct to Coaches and Volunteers Nationwide (NYSE:TIME)
www.tmcnet.com - February 22 at 10:18 AM
marketexclusive.com logoAlphabet Inc (NASDAQ:GOOGL) Says It Has Sold Its Site Search Product To Web Publishers (NYSE:TIME)
marketexclusive.com - February 22 at 10:18 AM
News IconRare Buffalo Trace O.F.C. Vintage Bourbon Being Auctioned By Acts 4 Ministry, Inc. As One-Time-Only Fundraiser (NYSE:TIME)
patch.com - February 21 at 4:44 PM
News IconWhat’s behind Time’s video-first personal finance brand Coinage (NYSE:TIME)
talkingbiznews.com - February 21 at 4:44 PM
News IconTesla Inc (TSLA) Earnings Preview: Will Model S Maker Turn A Profit For The Third Time In Its History? (NYSE:TIME)
www.ibtimes.com - February 21 at 4:44 PM
finance.yahoo.com logoGlobal Brass and Copper Holdings, Inc. Announces Date and Time for Release of Fourth Quarter and Full Year 2016 Financial Results (NYSE:TIME)
finance.yahoo.com - February 21 at 4:44 PM
thestreet.com logoMagazine M&A Speculation Heats Up (NYSE:TIME)
us.rd.yahoo.com - February 21 at 4:44 PM
capitalcube.com logoTime, Inc. :TIME-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NYSE:TIME)
www.capitalcube.com - February 21 at 4:44 PM
investorplace.com logoFacebook Inc (FB) Stock Is Itching to Break All-Time Highs (NYSE:TIME)
investorplace.com - February 21 at 8:02 AM
ft.com logoTime Inc looks to sell services to 30m subscribers (NYSE:TIME)
www.ft.com - February 20 at 7:16 PM
businesswire.com logoAt HIMSS17 Nuance Reveals How Artificial Intelligence is Solving Clinicians’ Administrative Burden (NYSE:TIME)
www.businesswire.com - February 20 at 8:34 AM
News IconAngelina Jolie spoke about her "difficult year" for the first time, and our hearts go out to her (NYSE:TIME)
hellogiggles.com - February 20 at 8:34 AM
latimes.com logoCalifornia Inc.: Hollywood is getting ready for its close-up (NYSE:TIME)
www.latimes.com - February 20 at 8:34 AM
News IconShould You Buy Tesla Inc (TSLA) Stock Now, Ahead Of Q4 Earnings? (NYSE:TIME)
amigobulls.com - February 20 at 8:34 AM
News IconTime Inc Launches Time Health, Leverages Brand Coverage - MediaPost Communications (NYSE:TIME)
www.mediapost.com - February 19 at 8:35 AM
News IconWhat Time Does The Walgreens Pharmacy Close - Cheap Viagra Online Canadian Pharmacy - Westfield Pharmacy - 5,218 Completed ORDERS Today! (NYSE:TIME)
www.littlesunnykitchen.com - February 18 at 7:13 PM
News IconThis video of a baby seeing his mom clearly for the first time will melt your heart (NYSE:TIME)
hellogiggles.com - February 18 at 7:13 PM
News IconWhat Time Does The Walmart Pharmacy Close - Walmart Neighborhood Market Pharmacy Hours - Pharmacy Jokes - 3,339 Completed ORDERS Today! (NYSE:TIME)
news.arseblog.com - February 18 at 7:13 PM
News IconPayments Volume Growth Propels Visa To All-Time Highs (NYSE:TIME)
www.ino.com - February 18 at 7:13 PM
News IconTime Inc in breast pump photo copyright row (NYSE:TIME)
www.worldipreview.com - February 18 at 9:08 AM
News IconTime Inc. Enjoys Growth In Native And Programmatic Revenue (NYSE:TIME)
adexchanger.com - February 18 at 9:08 AM
finance.yahoo.com logoGetty Images appoints Time Inc.'s Andrew Blau to the key role of SVP Consumer Revenue (NYSE:TIME)
finance.yahoo.com - February 18 at 9:08 AM
thestreet.com logoIndustry Pressures Lead to Speculation on Magazine M&A (NYSE:TIME)
www.thestreet.com - February 18 at 9:08 AM
News IconTime Inc.'s native advertising doubled in 2016 (NYSE:TIME)
www.marketingdive.com - February 17 at 7:05 PM
News IconTime Inc. digital revs soar but brass mum on sale (NYSE:TIME)
nypost.com - February 17 at 7:05 PM
News IconTIme Inc Cuts Frequency of Sports Illustrated to Save on Production and Mailing Costs (NYSE:TIME)
www.mediawiredaily.com - February 17 at 7:05 PM
us.rd.yahoo.com logoEdited Transcript of TIME earnings conference call or presentation 16-Feb-17 1:30pm GMT (NYSE:TIME)
us.rd.yahoo.com - February 17 at 7:05 PM
capitalcube.com logoTime, Inc. :TIME-US: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (NYSE:TIME)
www.capitalcube.com - February 17 at 7:05 PM
investorplace.com logoDow Jones and Nasdaq Reach New All-Time Intraday Highs (NYSE:TIME)
investorplace.com - February 17 at 8:39 AM
wsj.com logoJared Kushner Delivers Critique of CNN to Time Warner Executive (NYSE:TIME)
www.wsj.com - February 16 at 8:03 PM
4-traders.com logoTime Inc. : Launches Time Health, New Multimedia Health and Wellness Brand That Draws on Trusted Brand Portfolio (NYSE:TIME)
www.4-traders.com - February 16 at 8:03 PM
businesswire.com logoTime Inc. Increased Fourth Quarter Operating Income from $10 Million to $122 Million and Increased Fourth Quarter Adjusted OIBDA by 14% Year-Over-Year—the Highest Rates of ... (NYSE:TIME)
www.businesswire.com - February 16 at 8:03 PM
latimes.com logoTime Warner shareholders vote to sell company to AT&T for $85.4 billion (NYSE:TIME)
www.latimes.com - February 16 at 8:03 PM
latimes.com logoTime Warner shareholders vote to sell company to AT&T for $85.4 billion (NYSE:TIME)
www.latimes.com - February 16 at 8:03 PM
nasdaq.com logoDiana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Houston With SwissMarine (NYSE:TIME)
www.nasdaq.com - February 16 at 8:03 PM
nasdaq.com logoDiana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Houston With SwissMarine (NYSE:TIME)
www.nasdaq.com - February 16 at 8:03 PM
finance.yahoo.com logoTime Inc. Board Declares Regular Quarterly Dividend of $0.19 Per Share (NYSE:TIME)
finance.yahoo.com - February 16 at 8:03 PM
usatoday.com logoTime launches new Time Health brand and online news hub (NYSE:TIME)
www.usatoday.com - February 16 at 8:03 PM
seekingalpha.com logoTime Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:TIME)
seekingalpha.com - February 16 at 8:03 PM
sg.finance.yahoo.com logoTime posts 4Q profit (NYSE:TIME)
us.rd.yahoo.com - February 16 at 8:03 PM
us.rd.yahoo.com logoTime Inc's quarterly revenue, profit miss estimates (NYSE:TIME)
us.rd.yahoo.com - February 16 at 8:03 PM
biz.yahoo.com logoQ4 2016 Time Inc Earnings Release - Before Market Open (NYSE:TIME)
us.rd.yahoo.com - February 16 at 8:03 PM
us.rd.yahoo.com logoTime (TIME) Misses Q4 Earnings & Revenue Estimates (NYSE:TIME)
us.rd.yahoo.com - February 16 at 8:03 PM
us.rd.yahoo.com logoTime Inc. Launches Time Health, New Multimedia Health and Wellness Brand That Draws on Trusted Brand Portfolio (NYSE:TIME)
us.rd.yahoo.com - February 16 at 8:03 PM
bizjournals.com logoTime Inc. taps 'C.S.I.' creator to develop Sports Illustrated true crime TV series (NYSE:TIME)
www.bizjournals.com - February 16 at 8:03 PM
wsj.com logo[$$] Time Revenue Continues to Slide as Print Ad Dollars Dry Up (NYSE:TIME)
www.wsj.com - February 16 at 8:03 PM
cnbc.com logoTime Inc.'s quarterly revenue falls slightly (NYSE:TIME)
www.cnbc.com - February 16 at 7:48 AM
reuters.com logoBRIEF-Jana Partners reports 5.05 percent passive stake in Time Inc as of December 31, 2016 - Reuters (NYSE:TIME)
www.reuters.com - February 15 at 6:30 AM
News IconA New Look at Princess Diana Coming to TV in Prime-Time Event - PEOPLE.com (NYSE:TIME)
people.com - February 15 at 6:30 AM

Social

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, February 16th. Shareholders of record on Tuesday, February 28th will be given a dividend of $0.19 per share on Wednesday, March 15th. This represents a $0.76 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Friday, February 24th.

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

5 brokers have issued 12-month price objectives for Time's stock. Their forecasts range from $14.00 to $17.00. On average, they expect Time's share price to reach $15.60 in the next year.

When will Time announce their earnings?

Time is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

Who owns Time stock?

Time's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.33%), State Street Corp (3.35%), Thrivent Financial for Lutherans (2.71%), Renaissance Technologies LLC (1.63%), FMR LLC (1.13%) and Paulson & CO. Inc. (1.00%). Company insiders that own Time stock include David Arthur Bell, Dennis J Fitzsimons, Gregory Giangrande, Howard Stringer, J Randall Macdonald, Jeffrey John Bairstow, John M Fahey Jr, John M Fahey, Jr, Lynne Biggar, Mark Ford and Ronald S Rolfe.

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 Allianz Asset Management AG, TCW Group Inc., FMR LLC, Credit Agricole S A, Freestone Capital Holdings LLC, GSA Capital Partners LLP, State Street Corp and Envestnet Asset Management Inc.. Company insiders that have sold Time stock in the last year include Gregory Giangrande and Mark Ford.

Who bought Time stock? Who is buying Time stock?

Time's stock was purchased by a variety of institutional investors in the last quarter, including Paulson & CO. Inc., Two Sigma Investments LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Renaissance Technologies LLC, Guggenheim Capital LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP and Asset Management One Co. Ltd.. Company insiders that have bought Time stock in the last two years include David Arthur Bell, Dennis J Fitzsimons, Gregory Giangrande, Howard Stringer, J Randall Macdonald, Jeffrey John Bairstow, John M Fahey Jr, John M Fahey, Jr and Ronald S Rolfe.

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 $19.00.

Time (NYSE:TIME) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Time (NYSE:TIME)

Earnings History Chart

Earnings by Quarter for Time (NYSE:TIME)

Dividend History Chart

Dividend Payments by Quarter for Time (NYSE:TIME)

Last Updated on 2/22/2017 by MarketBeat.com Staff