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: Consumer Publishing
  • Sub-Industry: N/A
  • Symbol: NYSE:TIME
  • CUSIP: N/A
  • Web: www.timeinc.com
Capitalization:
  • Market Cap: $1.24976 billion
  • Outstanding Shares: 99,582,000
Average Prices:
  • 50 Day Moving Avg: $13.12
  • 200 Day Moving Avg: $14.97
  • 52 Week Range: $11.65 - $20.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.81
  • P/E Growth: 2.28
Sales & Book Value:
  • Annual Revenue: $2.96 billion
  • Price / Sales: 0.43
  • Book Value: $13.66 per share
  • Price / Book: 0.93
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.3%
Profitability:
  • EBIDTA: $384 million
  • Net Margins: -4.34%
  • Return on Equity: 7.06%
  • Return on Assets: 2.39%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.88%
Misc:
  • Average Volume: 920,367 shs.
  • Beta: 0.68
  • Short Ratio: 2.37
 

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 declared a quarterly dividend on Tuesday, August 8th. Investors of record on Thursday, August 31st will be paid a dividend of $0.04 per share on Friday, September 15th. This represents a $0.16 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Tuesday, August 29th. View Time's Dividend History.

How were Time's earnings last quarter?

Time Inc. (NYSE:TIME) announced its quarterly earnings data on Tuesday, August, 8th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.03. The business earned $694 million during the quarter, compared to analysts' expectations of $698.66 million. Time had a positive return on equity of 7.06% and a negative net margin of 4.34%. The company's revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 earnings per share. View Time's Earnings History.

When will Time make its next earnings announcement?

Time is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Time.

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

4 equities research analysts have issued 1-year price objectives for Time's shares. Their predictions range from $14.00 to $17.00. On average, they expect 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 are Time's key executives?

Time's management team includes the folowing people:

  • Richard Battista, President, Chief Executive Officer, Director
  • Susana D'Emic, Chief Financial Officer, Executive Vice President, Controller
  • Jennifer Wong, Chief Operating Officer, Executive Vice President
  • Gregory Giangrande, Executive Vice President, Chief Human Resources and Communications Officer
  • Lauren Ezrol Klein, Executive Vice President, General Counsel, Corporate Secretary
  • Leslie Dukker Doty, Executive Vice President - Consumer Marketing and Revenue
  • Brad Elders, Executive Vice President, Chief Revenue Officer
  • Mark Ford, Executive Vice President - Senior Strategic Sales Advisor
  • Erik Moreno, Executive Vice President, President - Corporate Development, New Ventures and Investments
  • Galiya Tleuova, Senior Vice President, Controller

Who owns Time stock?

Time's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.35%), Fairpointe Capital LLC (10.63%), Vanguard Group Inc. (8.74%), Dimensional Fund Advisors LP (6.03%), Thrivent Financial For Lutherans (3.33%) and State Street Corp (2.68%). 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., State Street Corp, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Teachers Advisors LLC, Northern Trust Corp, AHL Partners LLP, Advisors Asset Management Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Time.

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 BlackRock Inc., Dimensional Fund Advisors LP, State of New Jersey Common Pension Fund D, Fairpointe Capital LLC, Thrivent Financial For Lutherans, Schwab Charles Investment Management Inc., Artemis Investment Management LLP and Prudential Financial Inc.. Company insiders that have bought Time stock in the last two years include David Arthur Bell, Dennis J Fitzsimons, 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.

What is Time's stock price today?

One share of Time stock can currently be purchased for approximately $12.75.


MarketBeat Community Rating for Time (NYSE TIME)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  247 (Thanks for Voting!)
Underperform Votes:  299 (Thanks for Voting!)
Total Votes:  546
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.

Analyst Ratings

Consensus Ratings for Time (NYSE:TIME) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $15.25 (19.61% upside)

Analysts' Ratings History for Time (NYSE:TIME)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/15/2017MacquarieDowngradeOutperform -> Neutral$15.00LowView Rating Details
4/28/2017Wells Fargo & CompanyDowngradeOutperform -> Market PerformHighView Rating Details
3/20/2017StephensUpgradeUnderweight -> Equal WeightLowView Rating Details
9/27/2016Citigroup Inc.Lower Price TargetBuy$18.00 -> $17.00N/AView Rating Details
8/5/2016Morgan StanleySet Price TargetHold$15.00N/AView Rating Details
2/14/2016FBR & CoReiterated RatingBuyN/AView Rating Details
2/12/2016GabelliUpgradeHold -> Buy$20.00N/AView Rating Details
(Data available from 9/26/2015 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
11/1/2017$0.31N/AView Earnings Details
8/8/2017Q2 2017$0.16$0.13$698.66 million$694.00 millionViewListenView Earnings Details
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: $1.12 EPS
Next Year EPS Consensus Estimate: $1.3 EPS

Dividends

Current Dividend Information for Time (NYSE:TIME)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.16
Dividend Yield:1.25%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
14.29% (Based on This Year's Estimates)
12.31% (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
8/8/2017quarterly$0.041.15%8/29/20178/31/20179/15/2017
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: 1.92%
Institutional Ownership Percentage: 90.06%
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
8/21/2017Ronald S RolfeDirectorBuy2,000$12.40$24,800.00View SEC Filing  
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 logoIs It Time To Start Buying Beaten Up General Electric (GE) Stock?
investorplace.com - September 25 at 9:14 AM
americanbankingnews.com logoBidaskClub Lowers Time Inc. (TIME) to Strong Sell
www.americanbankingnews.com - September 24 at 10:58 AM
247wallst.com logoAs Time Prepares to Sell Large Part of the Company, What Happens to the Rest? - 24/7 Wall St.
247wallst.com - September 24 at 1:33 AM
usatoday.com logoTime looks to sell 'Golf,' 'Sunset,' 'Coastal Living,' and stake in 'Essence' - USA TODAY
www.usatoday.com - September 24 at 1:33 AM
seekingalpha.com logoTime warns on revenues, puts assets on block
seekingalpha.com - September 23 at 10:04 AM
News IconTime Inc says in talks to sell several assets
www.businessinsider.com - September 23 at 10:04 AM
finance.yahoo.com logoTime Inc.’s FORTUNE to Convene China’s Tech Leaders and Global 500 CEOs in Guangzhou
finance.yahoo.com - September 23 at 10:04 AM
finance.yahoo.com logo‘Entertainment Weekly Cast Reunions’ Debuts on Facebook’s Watch Platform
finance.yahoo.com - September 23 at 10:04 AM
finance.yahoo.com logoTime Inc to Sell Off Assets as Print, Advertising Revenue Softens
finance.yahoo.com - September 23 at 10:04 AM
finance.yahoo.com logoTime Inc. -- Moody's assigns B2 rating to Time Inc.'s proposed notes, CFR is affirmed at B1.
finance.yahoo.com - September 23 at 10:03 AM
finance.yahoo.com logoTime Inc in talks to sell assets; warns on third-quarter ad revenue softness
finance.yahoo.com - September 23 at 10:03 AM
finance.yahoo.com logo[$$] Time to sell UK publisher of NME, Country Life and TV Times
finance.yahoo.com - September 23 at 10:03 AM
finance.yahoo.com logoTime May Dump Assets in Fourth Quarter to Address $1 Billion Debt Pile
finance.yahoo.com - September 23 at 10:03 AM
finance.yahoo.com logoTime considers sale of Tampa operation
finance.yahoo.com - September 23 at 10:03 AM
finance.yahoo.com logoAs Time Prepares to Sell Large Part of the Company, What Happens to the Rest?
finance.yahoo.com - September 23 at 10:03 AM
seekingalpha.com logoBlue Apron: Right Business At A Wrong Time
seekingalpha.com - September 20 at 10:00 AM
bizjournals.com logoFor the 4th Time, Bluebird Network Appears on the Inc. 5000 list, Ranking No. 4391 with Three-Year Sales Growth of 58%
www.bizjournals.com - September 20 at 10:00 AM
investorplace.com logoIt’s Time for Micron Technology Inc. (MU) Shareholders to Think Bigger
investorplace.com - September 20 at 8:49 AM
investorplace.com logoDon’t Expect A Bounce In Oracle (ORCL) Stock Any Time Soon
investorplace.com - September 20 at 7:32 AM
businesswire.com logoTime Inc.'s The Foundry and Coors Light Join Forces to Bring ... - Business Wire (press release)
www.businesswire.com - September 16 at 9:31 AM
finance.yahoo.com logoTime Inc.'s The Foundry and Coors Light Join Forces to Bring Immersive College Football Experiences to Fans via LIFE VR
finance.yahoo.com - September 16 at 9:31 AM
investorplace.com logoGo Long Tesla Inc (TSLA) Stock, Even Near All-Time Highs
investorplace.com - September 15 at 11:01 AM
finance.yahoo.com logoTime Names Digital Editor as New Editor In Chief
finance.yahoo.com - September 15 at 9:58 AM
finance.yahoo.com logoTime Inc.’s Cozi Family Organizer Announces Voice Integration with Amazon Alexa
finance.yahoo.com - September 15 at 9:58 AM
finance.yahoo.com logoTime Inc.’s People/Entertainment Weekly Network (PEN) Rebrands as PeopleTV
finance.yahoo.com - September 15 at 9:58 AM
finance.yahoo.com logo[$$] Time Magazine Names Edward Felsenthal as Editor in Chief
finance.yahoo.com - September 15 at 9:58 AM
businesswire.com logoTime Inc. Appoints Edward Felsenthal Editor-in-Chief of TIME - Business Wire (press release)
www.businesswire.com - September 14 at 11:22 AM
finance.yahoo.com logoTime Looks to Cut Costs More Than $400 Million
finance.yahoo.com - September 14 at 11:22 AM
finance.yahoo.com logoTime Inc. Appoints Edward Felsenthal Editor-in-Chief of TIME
finance.yahoo.com - September 14 at 11:22 AM
finance.yahoo.com logo[$$] Time Magazine Names Felsenthal as Editor in Chief
finance.yahoo.com - September 14 at 11:21 AM
finance.yahoo.com logoBehind Time’s Portfolio Rationalization
finance.yahoo.com - September 14 at 11:21 AM
investorplace.com logoFitbit Inc (FIT) Stock Poised for Big Time Lift From Ionic Smartwatch
investorplace.com - September 14 at 6:55 AM
businesswire.com logoTime Inc. Names Lenore Moritz Vice President, Publicity for Its Video and Television Divisions - Business Wire (press release)
www.businesswire.com - September 13 at 10:08 AM
investorplace.com logoAmerican Express (AXP) Has a Bleak Future, Is It Time to Bail?
investorplace.com - September 13 at 9:18 AM
msn.com logoTime Inc. Is Going for It With Digital
www.msn.com - September 12 at 10:57 AM
finance.yahoo.com logoTime Inc. Names Lenore Moritz Vice President, Publicity for Its Video and Television Divisions
finance.yahoo.com - September 12 at 10:57 AM
bizjournals.com logoUber the subject of another federal investigation, this time for using software against Lyft
www.bizjournals.com - September 10 at 8:38 AM
thestreet.com logoTime Inc. Launches Reality Cooking Show on Facebook's 'Watch' Platform - TheStreet.com
www.thestreet.com - September 10 at 8:38 AM
seekingalpha.com logoTime Inc. adds reality cooking show to Facebook Watch
seekingalpha.com - September 9 at 9:27 AM
bizjournals.com logoFor the Third Time in a Row, The FDA Group Appears on Inc. 5000 List of America's Fastest-Growing Private Companies
www.bizjournals.com - September 9 at 9:27 AM
marketwatch.com logoFor the Seventh Time, Pfister Energy Appears on the Inc. 5000 List, Ranking No. 1712 With a Whopping Three-Year Sales Growth of 228 Percent
www.marketwatch.com - September 9 at 9:27 AM
finance.yahoo.com logoIs It Time To Buy Goldcorp Inc (TSX:G)?
finance.yahoo.com - September 9 at 9:27 AM
finance.yahoo.com logoTime Inc. Launches New Video Series for Facebook’s Watch Platform
finance.yahoo.com - September 9 at 9:27 AM
finance.yahoo.com logoTime Inc. Launches Reality Cooking Show on Facebook's 'Watch' Platform
finance.yahoo.com - September 9 at 9:27 AM
investorplace.com logoBank of America Corp (BAC) Stock Is Starting To Make Up for Lost Time
investorplace.com - September 8 at 4:22 AM
investorplace.com logoCan Applied Materials, Inc. (AMAT) Stock Keep the Good Times Rolling?
investorplace.com - September 7 at 2:54 PM
finance.yahoo.com logoTIME Reveals "FIRSTS: Women Who Are Changing the World," A New Multimedia Project
finance.yahoo.com - September 7 at 9:58 AM
americanbankingnews.com logoTime Inc. (TIME) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 6 at 4:46 AM
americanbankingnews.com logoTime Inc. (TIME) Downgraded to Hold at ValuEngine
www.americanbankingnews.com - September 2 at 12:32 PM
seekingalpha.com logoSEC Investigates DryShips: It's About Time
seekingalpha.com - September 1 at 9:49 AM

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Chart

Time (TIME) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by MarketBeat.com Staff