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:
- Sector: Consumer Staples
- Industry: Consumer Publishing - NEC
- Sub-Industry: N/A
- Symbol: NYSE:TIME
- CUSIP: N/A
- Web: www.timeinc.com
- Market Cap: $1.32942 billion
- Outstanding Shares: 99,582,000
- 50 Day Moving Avg: $14.00
- 200 Day Moving Avg: $16.01
- 52 Week Range: $11.65 - $20.40
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.96
- P/E Growth: 2.42
- Annual Revenue: $2.96 billion
- Price / Sales: 0.44
- Book Value: $13.66 per share
- Price / Book: 0.95
- Annual Dividend: $0.16
- Dividend Yield: 1.2%
- EBIDTA: $384 million
- Net Margins: -4.34%
- Return on Equity: 7.06%
- Return on Assets: 2.39%
- Debt-to-Equity Ratio: 0.89%
- Current Ratio: 0.91%
- Quick Ratio: 0.88%
- Average Volume: 1.63 million shs.
- Beta: 0.67
- 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. Stockholders of record on Thursday, August 31st will be given a dividend of $0.04 per share on Friday, September 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Tuesday, August 29th. View Time's Dividend History.
How were Time's earnings last quarter?
Time Inc. (NYSE:TIME) released its earnings results on Tuesday, August, 8th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.03. The firm had revenue of $694 million for 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%. Time'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 EPS. 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 2017?
4 analysts have issued 12-month price targets for Time's stock. Their predictions range from $14.00 to $17.00. On average, they anticipate Time's stock price to reach $15.25 in the next twelve months. View Analyst Ratings for Time.
Who are some of Time's key competitors?
Some companies that are related to Time include Nomad Foods Limited (NOMD), Energizer Holdings (ENR), Meredith Corporation (MDP), Britvic PLC Sponsored ADR (BTVCY), Fresh Del Monte Produce (FDP), J & J Snack Foods Corp. (JJSF), Tootsie Roll Industries (TR), Hillenbrand (HI), Cott Corporation (COT), Embotelladora Andina S.A. (AKO.B), B&G Foods (BGS), Matthews International Corporation (MATW), Coca-Cola Bottling Co. Consolidated (COKE), United Natural Foods (UNFI), Boston Beer Company, Inc. (The) (SAM), WD-40 Company (WDFC), Scholastic Corporation (SCHL) and HOSTESS BRANDS (TWNK).
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 institutional and retail 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 bought 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?
MarketBeat Community Rating for Time (NYSE 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.
One share of Time stock can currently be purchased for approximately $12.95.
Consensus Ratings for Time (NYSE:TIME) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$15.25 (17.76% upside)|
Analysts' Ratings History for Time (NYSE:TIME)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/15/2017||Macquarie||Downgrade||Outperform -> Neutral||$15.00||Low|
|4/28/2017||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||High|
|3/20/2017||Stephens||Upgrade||Underweight -> Equal Weight||Low|
|9/27/2016||Citigroup Inc.||Lower Price Target||Buy||$18.00 -> $17.00||N/A|
|8/5/2016||Morgan Stanley||Set Price Target||Hold||$15.00||N/A|
|2/14/2016||FBR & Co||Reiterated Rating||Buy||N/A|
|2/12/2016||Gabelli||Upgrade||Hold -> Buy||$20.00||N/A|
Earnings History for Time (NYSE:TIME)Earnings History by Quarter for Time (NYSE TIME)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
|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|
Earnings Estimates for Time (NYSE:TIME)
Current Year EPS Consensus Estimate: $1.12 EPS
Next Year EPS Consensus Estimate: $1.3 EPS
Current Dividend Information for Time (NYSE:TIME)
|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 History by Quarter for Time (NYSE TIME)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Time (NYSE:TIME)
Insider Ownership Percentage: 1.92%Insider Trades by Quarter for Time (NYSE:TIME)
Institutional Ownership Percentage: 92.86%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/18/2017||Dennis J Fitzsimons||Director||Buy||3,000||$11.99||$35,970.00|| |
|5/15/2017||Ronald S Rolfe||Director||Buy||2,000||$12.85||$25,700.00|| |
|5/11/2017||John M Fahey Jr||Director||Buy||1,000||$12.93||$12,930.00|| |
|11/4/2016||John M Fahey Jr||Director||Buy||1,000||$12.62||$12,620.00|| |
|11/3/2016||Gregory Giangrande||EVP||Sell||1,330||$12.62||$16,784.60|| |
|5/9/2016||David Arthur Bell||Director||Buy||5,000||$15.06||$75,300.00|| |
|3/15/2016||David Arthur Bell||Director||Buy||3,400||$14.76||$50,184.00|| |
|3/15/2016||Mark Ford||EVP||Sell||4,176||$14.87||$62,097.12|| |
|2/23/2016||Ronald S Rolfe||Director||Buy||1,000||$14.01||$14,010.00|| |
|2/18/2016||John M Fahey Jr||Director||Buy||1,000||$14.14||$14,140.00|| |
|2/12/2016||John M. Fahey, Jr.||Director||Buy||3,000||$12.80||$38,400.00|| |
|12/7/2015||Lynne Biggar||EVP||Sell||2,515||$16.47||$41,422.05|| |
|12/2/2015||David Arthur Bell||Director||Buy||2,400||$16.88||$40,512.00|| |
|11/11/2015||Dennis J Fitzsimons||Director||Buy||3,000||$16.60||$49,800.00|| |
|9/8/2015||John M Fahey Jr||Director||Buy||1,000||$19.44||$19,440.00|| |
|8/24/2015||Dennis J Fitzsimons||Director||Buy||1,000||$19.76||$19,760.00|| |
|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|| |
Headline Trends for Time (NYSE:TIME)
Latest Headlines for Time (NYSE:TIME)
Time (TIME) Chart for Thursday, August, 17, 2017