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: $1.22 billion
  • Outstanding Shares: 99,582,000
Average Prices:
  • 50 Day Moving Avg: $13.87
  • 200 Day Moving Avg: $15.92
  • 52 Week Range: $11.65 - $20.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.04
  • P/E Growth: 2.29
Sales & Book Value:
  • Annual Revenue: $2.96 billion
  • Price / Sales: 0.41
  • Book Value: $13.66 per share
  • Price / Book: 0.90
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: 1.55 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. 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 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Tuesday, August 29th. View Time's Dividend History.

How were Time's earnings last quarter?

Time Inc. (NYSE:TIME) announced its earnings results on Tuesday, August, 8th. The company reported $0.13 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.03. The company earned $694 million during the quarter, compared to the consensus estimate of $698.66 million. Time had a negative net margin of 4.34% and a positive return on equity of 7.06%. The company's quarterly revenue was down 9.8% on a year-over-year basis. 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?

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 brokerages have issued twelve-month target prices for Time's stock. Their predictions range from $14.00 to $17.00. On average, they expect Time's share 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 many different of institutional and retail investors. Top institutional shareholders 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?

One share of Time stock can currently be purchased for approximately $12.25.


MarketBeat Community Rating for Time (NYSE TIME)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  421
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 (24.49% 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 8/21/2015 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: $1.10 EPS
Next Year EPS Consensus Estimate: $1.22 EPS

Dividends

Current Dividend Information for Time (NYSE:TIME)
Next Dividend:9/15/2017
Annual Dividend:$0.16
Dividend Yield:1.31%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-12.31% (Trailing 12 Months of Earnings)
14.55% (Based on This Year's Estimates)
13.11% (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: 92.86%
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
americanbankingnews.com logoTime Inc. (TIME) Cut to Sell at BidaskClub
www.americanbankingnews.com - August 20 at 9:56 AM
marketwatch.com logoFor the Third Time - Aladtec is Ranked on Inc. 5000's List of America's Fastest-Growing Private Companies
www.marketwatch.com - August 19 at 8:12 AM
seekingalpha.com logoTime Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 19 at 8:12 AM
investorplace.com logoIt’s Time to Go Long GoPro Inc (GPRO) Stock
investorplace.com - August 18 at 9:02 AM
247wallst.com logoWill an Outsider Restructure Time Inc.? - 24/7 Wall St.
247wallst.com - August 18 at 7:52 AM
finance.yahoo.com logoTime Inc. Appoints Lori Leibovich Editor-in-Chief of HEALTH
finance.yahoo.com - August 18 at 7:52 AM
businesswire.com logoFor the 2nd Time, The Ramey Agency Appears on the Inc. 5000 list
www.businesswire.com - August 17 at 8:21 AM
bizjournals.com logoXIFIN Named an 11th Time Honoree on Inc. 5000 List of Fastest-Growing Private Companies in America
www.bizjournals.com - August 17 at 8:21 AM
finance.yahoo.com logoTime Inc.’s SPORTS ILLUSTRATED PLAY Teams up with AIG Travel for Registration Saver
finance.yahoo.com - August 16 at 8:13 AM
investorplace.com logoTime to Start Buying Teva Pharmaceutical Industries Ltd (ADR) (TEVA) Stock?
investorplace.com - August 15 at 1:54 PM
investorplace.com logoWhy it’s Time to Sell Walt Disney Co (DIS) Stock
investorplace.com - August 15 at 1:19 PM
americanbankingnews.com logoHead-To-Head Comparison: Time (NYSE:TIME) and Gannett Co. (GCI)
www.americanbankingnews.com - August 15 at 6:32 AM
americanbankingnews.com logoFinancial Comparison: Gannett Co. (GCI) vs. Time (TIME)
www.americanbankingnews.com - August 15 at 2:20 AM
investorplace.com logoTime to Buy General Electric Company (GE) Stock After Massive Decline?
investorplace.com - August 14 at 12:22 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Time Inc.
finance.yahoo.com - August 12 at 8:31 AM
americanbankingnews.com logoTime Inc. (NYSE:TIME) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 12 at 4:32 AM
investorplace.com logoNow Is the Time to Take a Bite of Domino’s Pizza, Inc. (DPZ) Stock
investorplace.com - August 11 at 1:32 PM
investorplace.com logoIt’s Time to Fade the Apple Inc. (AAPL) Stock Earnings Rally
investorplace.com - August 10 at 10:54 AM
investorplace.com logoTime for a Ford Motor Company (F) Test Drive
investorplace.com - August 9 at 1:51 PM
reuters.com logoTime Inc misses revenue estimates, unveils new cost cuts
www.reuters.com - August 9 at 8:13 AM
finance.yahoo.com logoTime CEO Rich Battista: We are 100% focused on our standa...
finance.yahoo.com - August 9 at 8:13 AM
finance.yahoo.com logoEdited Transcript of TIME earnings conference call or presentation 8-Aug-17 12:30pm GMT
finance.yahoo.com - August 9 at 8:13 AM
finance.yahoo.com logoTime Inc. CEO Focused on New Paid Membership Program
finance.yahoo.com - August 9 at 8:13 AM
finance.yahoo.com logo[$$] Time Plans Cost Cutting as It Reports Quarterly Loss
finance.yahoo.com - August 9 at 8:13 AM
americanbankingnews.com logoTime Inc. (NYSE:TIME) Raised to "Buy" at ValuEngine
www.americanbankingnews.com - August 8 at 11:28 PM
americanbankingnews.com logoTime Inc. Announces Quarterly Dividend of $0.04 (TIME)
www.americanbankingnews.com - August 8 at 5:24 PM
seekingalpha.com logoTime Inc. -5.8% as revenues slides across the board
seekingalpha.com - August 8 at 11:13 AM
americanbankingnews.com logoTime Inc. (NYSE:TIME) Issues Earnings Results
www.americanbankingnews.com - August 8 at 9:42 AM
investorplace.com logoDecision Time for Walt Disney Co (DIS) Stock
investorplace.com - August 8 at 9:01 AM
businesswire.com logoKatie J. Stanton Appointed to Time Inc. Board of Directors | Business ... - Business Wire (press release)
www.businesswire.com - August 8 at 7:31 AM
businesswire.com logoTime Inc. Launches PetHero™, a New Membership Program for Pet Enthusiasts - Business Wire (press release)
www.businesswire.com - August 8 at 7:31 AM
nasdaq.com logoTime Inc (TIME): What Will Q2 Earnings Release Unveil? - Nasdaq
www.nasdaq.com - August 8 at 7:31 AM
businesswire.com logoTime Inc. Board Declares Regular Quarterly Dividend of $0.04 Per Share - Business Wire (press release)
www.businesswire.com - August 8 at 7:30 AM
cnbc.com logoTime Inc misses revenue estimates as advertising sales slip - CNBC
www.cnbc.com - August 8 at 7:30 AM
finance.yahoo.com logoTime Inc. Announces Strategic Transformation Program and Reports Second Quarter 2017 Results
finance.yahoo.com - August 8 at 7:30 AM
finance.yahoo.com logoTime reports 2Q loss
finance.yahoo.com - August 8 at 7:30 AM
finance.yahoo.com logoTime Inc misses revenue estimates as advertising sales slip
finance.yahoo.com - August 8 at 7:30 AM
investorplace.com logoGalaxy Note 8 vs iPhone 8: Does Samsung Have a Real Advantage This Time?
investorplace.com - August 4 at 9:18 AM
finance.yahoo.com logoTime, Inc. breached its 50 day moving average in a Bearish Manner : TIME-US : August 4, 2017
finance.yahoo.com - August 4 at 9:05 AM
investorplace.com logoTrade of the Day: Electronic Arts Inc. (EA) Stock Is a Tale of Two Timeframes
investorplace.com - August 4 at 8:00 AM
marketwatch.com logoTime Inc. is turning the Sports Illustrated Swimsuit edition into its ... - MarketWatch
www.marketwatch.com - August 3 at 7:55 AM
finance.yahoo.com logoTime Inc. to Launch SPORTS ILLUSTRATED Swimsuit Enterprises or "SISE"
finance.yahoo.com - August 3 at 7:55 AM
finance.yahoo.com logoTime Inc. is turning the Sports Illustrated Swimsuit edition into its own business
finance.yahoo.com - August 3 at 7:55 AM
finance.yahoo.com logoTime Inc Extends Successful Sports Illustrated Swimsuit Brand, Plans to Represent Models
finance.yahoo.com - August 3 at 7:55 AM
rttnews.com logoTime Warner Inc. Reveals 2% Advance In Q2 Earnings
www.rttnews.com - August 2 at 7:50 AM
businesswire.com logoTime Warner Inc. Reaffirms 2017 Full-Year Business Outlook
www.businesswire.com - August 2 at 7:50 AM
investorplace.com logoFitbit Inc (FIT) Stock Is Hideous, But It’s Premature to Call Time
investorplace.com - August 1 at 12:31 PM
americanbankingnews.com logoComparing Time (NYSE:TIME) & Gannett Co. (GCI)
www.americanbankingnews.com - August 1 at 10:24 AM
americanbankingnews.com logoTime Inc. (NYSE:TIME) to Release Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:17 AM
finance.yahoo.com logoTime Inc. is moving all its websites to a new platform called Element
finance.yahoo.com - August 1 at 6:56 AM

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Chart

Time (TIME) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff