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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:TIME
  • CUSIP: N/A
  • Web: www.timeinc.com
Capitalization:
  • Market Cap: $1.35263 billion
  • Outstanding Shares: 99,458,000
Average Prices:
  • 50 Day Moving Avg: $13.28
  • 200 Day Moving Avg: $17.18
  • 52 Week Range: $11.65 - $20.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.54
  • P/E Growth: 2.25
Sales & Book Value:
  • Annual Revenue: $3.03 billion
  • Price / Sales: 0.45
  • Book Value: $14.08 per share
  • Price / Book: 0.97
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.2%
Profitability:
  • EBIDTA: $383 million
  • Net Margins: -2.18%
  • Return on Equity: 7.30%
  • Return on Assets: 2.54%
Debt:
  • Debt-to-Equity Ratio: 0.88%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 2.05 million shs.
  • Beta: 0.69
  • 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 declared a quarterly dividend on Wednesday, May 10th. Shareholders 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 yield of 1.18%. The ex-dividend date of this dividend is Friday, May 26th. View Time's Dividend History.

How were Time's earnings last quarter?

Time Inc. (NYSE:TIME) posted its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.03. The business had revenue of $636 million for the quarter, compared to analyst estimates of $641.85 million. Time had a positive return on equity of 7.30% and a negative net margin of 2.18%. The business's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) 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 Wednesday, August, 2nd 2017. View Earnings Estimates for Time.

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

5 brokers have issued twelve-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 $15.20 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:

  • Joseph A. Ripp, Executive Chairman of the Board
  • 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

Who owns Time stock?

Time's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 purchased 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, 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 $13.60.


MarketBeat Community Rating for Time (NYSE TIME)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  106 (Vote Underperform)
Total Votes:  181
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: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $15.20 (11.76% 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 6/25/2015 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
8/2/2017        
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: $1.24 EPS
Next Year EPS Consensus Estimate: $1.29 EPS

Dividends

Current Dividend Information for Time (NYSE:TIME)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.16
Dividend Yield:1.18%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-23.53% (Trailing 12 Months of Earnings)
12.90% (Based on This Year's Estimates)
12.40% (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: 1.92%
Institutional Ownership Percentage: 91.93%
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
finance.yahoo.com logoTime Inc. Expands World-Class Food Operations in Birmingham, Alabama, with the Addition of FOOD & WINE
finance.yahoo.com - June 24 at 7:16 AM
finance.yahoo.com logoStan Lee's Los Angeles Comic Con Unveils ENTERTAINMENT WEEKLY As Official Media Partner For L.A.'s Mega Pop Culture Gathering Set For October 27-29 at the Los Angeles Convention Center
finance.yahoo.com - June 24 at 7:15 AM
finance.yahoo.com logoFood & Wine magazine moving to Birmingham
finance.yahoo.com - June 24 at 7:15 AM
americanbankingnews.com logoTime Inc. (TIME) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 23 at 11:47 AM
cnn.com logoModern Slavery Act Statement for Cable News International Limited, a U.K. subsidiary of Time Warner Inc.
www.cnn.com - June 22 at 2:08 PM
finance.yahoo.com logoSpotify is waking up to what it could be: MySpace, but better
finance.yahoo.com - June 22 at 2:08 PM
investorplace.com logoExxon Mobil Corporation (XOM) Stock Is Under Pressure — Time to Profit
investorplace.com - June 21 at 11:42 AM
investorplace.com logo4 Reasons Why Stocks Will Soar – and Now Is the Time to Buy
investorplace.com - June 20 at 11:36 AM
finance.yahoo.com logoTime Inc.’s INSTANT Unveils “New Fame List” Identifying Gen Z’s Biggest Social Media Superstars
finance.yahoo.com - June 20 at 8:33 AM
investorplace.com logoTeva Pharmaceutical Industries Ltd (ADR) (TEVA) Stock: Time to Go Contrarian?
investorplace.com - June 19 at 12:00 PM
cnbc.com logoTime Inc to cut 300 positions through layoffs and buyouts
www.cnbc.com - June 16 at 9:47 AM
usatoday.com logoTime Inc. cuts 300 jobs in restructuring plan
www.usatoday.com - June 16 at 9:47 AM
finance.yahoo.com logoFortune Magazine Masthead: June 15, 2017 (Vol. 175, No. 8)
finance.yahoo.com - June 16 at 9:47 AM
finance.yahoo.com logoMorning Movers: Kroger Tanks on Guidance Cut; Mattel Slumps
finance.yahoo.com - June 16 at 9:47 AM
finance.yahoo.com logoTime Inc. Stock Downgraded as Digital Fails to Make Up for Print Losses
finance.yahoo.com - June 16 at 9:47 AM
finance.yahoo.com logoTime Inc. Launches THE PRETTY, a Stand-Alone Social Video Brand All about Beauty
finance.yahoo.com - June 16 at 9:47 AM
finance.yahoo.com logoTime Inc. is still struggling to make up for its declining print business
finance.yahoo.com - June 16 at 9:47 AM
americanbankingnews.com logoTime Inc. (TIME) Stock Rating Lowered by Macquarie
www.americanbankingnews.com - June 15 at 10:18 AM
finance.yahoo.com logo[$$] Funding Snapshot: Transaction Marketing Company ROKT Adds $11 Million to Series B
finance.yahoo.com - June 14 at 11:24 AM
finance.yahoo.com logo[$$] Time Inc. to Eliminate About 300 Jobs, or 4% of Workforce
finance.yahoo.com - June 14 at 11:24 AM
finance.yahoo.com logoTime Inc. to Cut 4% of Its Workforce
finance.yahoo.com - June 14 at 11:24 AM
nasdaq.com logoTime Inc. To Cut About 300 Jobs
www.nasdaq.com - June 13 at 10:42 PM
bizjournals.com logoTime Inc.'s New York editorial staff on chopping block, amid reports of layoffs
www.bizjournals.com - June 13 at 10:42 PM
nbcnews.com logoTime Inc. Slashes 300 Jobs After Failed Buyout Offers
www.nbcnews.com - June 13 at 10:42 PM
reuters.com logoTime Inc to cut 300 positions, or 4 percent of workforce: memo
www.reuters.com - June 13 at 10:42 PM
wsj.com logoTime Inc. to Eliminate About 300 Jobs, or 4% of Workforce
www.wsj.com - June 13 at 10:42 PM
marketbeat.com logoMagazine publisher Time Inc. cutting 300 jobs globally
marketbeat.com - June 13 at 4:58 PM
seekingalpha.com logoReports: Time Inc. cuts 300 workers
seekingalpha.com - June 13 at 3:29 PM
americanbankingnews.com logoFinancial Analysis: Martha Stewart Living Omnimedia (MSO) vs. Time (TIME)
www.americanbankingnews.com - June 13 at 10:18 AM
americanbankingnews.com logoMartha Stewart Living Omnimedia (MSO) vs. Time (TIME) Financial Review
www.americanbankingnews.com - June 13 at 8:42 AM
finance.yahoo.com logoROKT Finalizes US$26 Million Series 'B' Funding Round
finance.yahoo.com - June 12 at 7:41 PM
americanbankingnews.com logoTime Inc (TIME) Lifted to Sell at BidAskClub
www.americanbankingnews.com - June 10 at 12:02 AM
investorplace.com logoCelgene Corporation (CELG) Stock’s Range Is Tight — Time to Profit
investorplace.com - June 9 at 11:21 AM
investorplace.com logoTesla Inc (TSLA) Stock Goes Vertical, But It’s Time to Sell
investorplace.com - June 8 at 8:53 PM
investorplace.com logoTesla Inc (TSLA) Stock Goes Vertical, But It’s Time to Sell
investorplace.com - June 8 at 4:57 PM
americanbankingnews.com logoAnalyzing Time (TIME) and Martha Stewart Living Omnimedia (MSO)
www.americanbankingnews.com - June 8 at 12:06 AM
investorplace.com logoFacebook Inc (FB) Stock Isn’t an On-Demand Video Play, Yet, But Give it Time
investorplace.com - June 7 at 7:34 PM
theglobeandmail.com logoAlphabet shares pass $1,000 milestone for the first time
www.theglobeandmail.com - June 5 at 1:23 PM
finance.yahoo.com logoShould Value Investors Consider Time Inc. (TIME) Stock?
finance.yahoo.com - June 5 at 1:23 PM
investorplace.com logoThis Time Is Different for Micron Technology, Inc. (MU) Stock
investorplace.com - June 5 at 11:14 AM
investorplace.com logoS&P 500 Hits All-Time Highs Despite Soft Jobs Report
investorplace.com - June 5 at 8:15 AM
americanbankingnews.com logoTime Inc (TIME) Lowered to "Hold" at ValuEngine
www.americanbankingnews.com - June 3 at 12:22 AM
investorplace.com logoAmazon.com, Inc. (AMZN) Stock Beats Alibaba (BABA) Every Time
investorplace.com - June 2 at 12:07 PM
finance.yahoo.com logoTime Inc.’s Sports Illustrated Swimsuit to Launch New Apparel Line with RAJ Swim
finance.yahoo.com - June 2 at 2:14 AM
investorplace.com logoGo Long Tesla Inc (TSLA) Stock, All-Time Highs Be Darned
investorplace.com - May 31 at 10:55 AM
investorplace.com logoIs It Time to Bail on Tesla Inc (TSLA) Stock?
investorplace.com - May 30 at 9:36 AM
americanbankingnews.com logoTime Inc (TIME) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 29 at 10:52 AM
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

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Chart

Time (TIME) Chart for Sunday, June, 25, 2017

This page was last updated on 6/25/2017 by MarketBeat.com Staff