Tribune Media Co Company Profile (NYSE:TRCO)

About Tribune Media Co (NYSE:TRCO)

Tribune Media Co logo

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting - TV
  • Sub-Industry: N/A
  • Symbol: NYSE:TRCO
  • CUSIP: N/A
  • Web: www.tribunemedia.com
Capitalization:
  • Market Cap: $3.41 billion
  • Outstanding Shares: 86,924,000
Average Prices:
  • 50 Day Moving Avg: $38.89
  • 200 Day Moving Avg: $35.37
  • 52 Week Range: $27.75 - $43.04
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.07
  • P/E Growth: 10.08
Sales & Book Value:
  • Annual Revenue: $1.92 billion
  • Price / Sales: 1.78
  • Book Value: $33.97 per share
  • Price / Book: 1.16
Dividend:
  • Annual Dividend: $1.00
  • Dividend Yield: 2.5%
Profitability:
  • EBIDTA: $415.94 million
  • Net Margins: -18.26%
  • Return on Equity: 4.27%
  • Return on Assets: 1.66%
Debt:
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 2.31%
  • Quick Ratio: 2.31%
Misc:
  • Average Volume: 2.50 million shs.
  • Beta: 1.44
  • Short Ratio: 0.97
 

Frequently Asked Questions for Tribune Media Co (NYSE:TRCO)

What is Tribune Media Co's stock symbol?

Tribune Media Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRCO."

How often does Tribune Media Co pay dividends? What is the dividend yield for Tribune Media Co?

Tribune Media Co announced a quarterly dividend on Wednesday, May 10th. Investors of record on Monday, May 22nd will be given a dividend of $0.25 per share on Tuesday, June 6th. This represents a $1.00 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Thursday, May 18th. View Tribune Media Co's Dividend History.

How were Tribune Media Co's earnings last quarter?

Tribune Media Co (NYSE:TRCO) issued its earnings results on Wednesday, May, 10th. The company reported ($0.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.14. The company earned $439.90 million during the quarter, compared to analyst estimates of $450.18 million. Tribune Media Co had a negative net margin of 18.26% and a positive return on equity of 4.27%. The business's revenue was down 6.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 earnings per share. View Tribune Media Co's Earnings History.

Where is Tribune Media Co's stock going? Where will Tribune Media Co's stock price be in 2017?

6 analysts have issued 1 year target prices for Tribune Media Co's shares. Their predictions range from $43.50 to $48.00. On average, they expect Tribune Media Co's share price to reach $46.17 in the next year. View Analyst Ratings for Tribune Media Co.

What are analysts saying about Tribune Media Co stock?

Here are some recent quotes from research analysts about Tribune Media Co stock:

  • 1. Jefferies Group LLC analysts commented, "TRCO reported slightly better 4Q rev / adj. EBITDA results (ex. digital) than expected, though potential dereg and press speculation around M&A remain a focus. The CEO search creates somewhat of a wildcard, but we think there is greater likelihood of individual station sales vs. a sale of the entire company." (3/2/2017)
  • 2. According to Zacks Investment Research, "Tribune Media Company is engaged in broadcast distribution, digital properties and data businesses. The company provides Antenna TV, THIS TV, radio station, music and video content and technologies. It also owns and manages real estate properties. Tribune Media Company, formerly known as Tribune Company, is based in Chicago, Illinois. " (1/28/2017)

Who are some of Tribune Media Co's key competitors?

Who owns Tribune Media Co stock?

Tribune Media Co's stock is owned by a variety of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (7.32%), Vanguard Group Inc. (6.98%), Primecap Management Co. CA (6.05%), Harris Associates L P (5.80%), BlackRock Inc. (3.53%) and Morgan Stanley (3.24%). Company insiders that own Tribune Media Co stock include Matthew Cherniss and Melanie Hughes. View Institutional Ownership Trends for Tribune Media Co.

Who sold Tribune Media Co stock? Who is selling Tribune Media Co stock?

Tribune Media Co's stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Advisors LLC, Omega Advisors Inc., Harris Associates L P, Primecap Management Co. CA, FMR LLC, Gotham Asset Management LLC, Levin Capital Strategies L.P. and CNA Financial Corp. View Insider Buying and Selling for Tribune Media Co.

Who bought Tribune Media Co stock? Who is buying Tribune Media Co stock?

Tribune Media Co's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Canyon Capital Advisors LLC, Morgan Stanley, Dimensional Fund Advisors LP, MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., BNP Paribas Arbitrage SA and York Capital Management Global Advisors LLC. View Insider Buying and Selling for Tribune Media Co.

How do I buy Tribune Media Co stock?

Shares of Tribune Media Co 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 Tribune Media Co stock cost?

One share of Tribune Media Co stock can currently be purchased for approximately $39.28.

Analyst Ratings

Consensus Ratings for Tribune Media Co (NYSE:TRCO) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.83)
Consensus Price Target: $46.17 (17.53% upside)

Analysts' Ratings History for Tribune Media Co (NYSE:TRCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/11/2017Jefferies Group LLCReiterated RatingHold$36.00 -> $47.00MediumView Rating Details
5/9/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$37.00 -> $43.50LowView Rating Details
5/9/2017GabelliDowngradeBuy -> SellLowView Rating Details
5/1/2017BWS FinancialLower Price TargetBuy -> Buy$54.00 -> $48.00LowView Rating Details
4/20/2017Wells Fargo & CoDowngradeOutperform -> Market PerformLowView Rating Details
6/15/2016Citigroup IncInitiated CoverageSellN/AView Rating Details
1/21/2016Evercore ISILower Price TargetBuy$47.00 -> $41.00N/AView Rating Details
11/18/2015StephensInitiated CoverageEqual Weight$42.00N/AView Rating Details
7/20/2015Goldman Sachs Group IncInitiated CoverageNeutralN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Tribune Media Co (NYSE:TRCO)
Earnings by Quarter for Tribune Media Co (NYSE:TRCO)
Earnings History by Quarter for Tribune Media Co (NYSE:TRCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017$0.07($0.07)$450.18 million$439.90 millionViewN/AView Earnings Details
3/1/2017Q416$0.92$0.85$596.76 million$529.60 millionViewListenView Earnings Details
11/9/2016Q316$0.52$0.48$547.90 million$518.10 millionViewListenView Earnings Details
8/9/2016Q216$0.40$0.42$539.10 million$526.10 millionViewN/AView Earnings Details
5/10/2016Q116$0.27$0.18$500.48 million$520.50 millionViewListenView Earnings Details
2/29/2016Q415$0.55$0.63$543.07 million$547.60 millionViewListenView Earnings Details
11/10/2015Q315$0.29$0.29$493.76 million$488.60 millionViewListenView Earnings Details
8/13/2015Q215$0.30($0.04)$503.28 million$501.50 millionViewListenView Earnings Details
5/8/2015Q115$0.37$0.37$474.90 million$472.70 millionViewN/AView Earnings Details
3/6/2015Q414$0.55$0.73$510.40 million$553.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tribune Media Co (NYSE:TRCO)
Current Year EPS Consensus Estimate: $1.31 EPS
Next Year EPS Consensus Estimate: $2.06 EPS

Dividends

Current Dividend Information for Tribune Media Co (NYSE:TRCO)
Next Dividend:6/6/2017
Annual Dividend:$1.00
Dividend Yield:2.55%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-24.39% (Trailing 12 Months of Earnings)
76.34% (Based on This Year's Estimates)
48.54% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Tribune Media Co (NYSE:TRCO)

Dividend History by Quarter for Tribune Media Co (NYSE:TRCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2017Quarterly$0.252.38%5/18/20175/22/20176/6/2017
3/1/2017quarterly$0.252.68%3/9/20173/13/20173/27/2017
1/4/2017special$5.772.71%1/11/20171/13/20172/3/2017
11/9/2016Quarterly$0.253.06%11/17/201611/21/201612/6/2016
8/9/2016quarterly$0.252.69%8/17/20168/19/20169/2/2016
5/10/2016quarterly$0.252.55%5/18/20165/20/20166/6/2016
3/1/2016quarterly$0.252.64%3/8/20163/10/20163/24/2016
11/11/2015quarterly$0.252.64%11/18/201511/20/201512/7/2015
7/31/2015quarterly$0.251.98%8/6/20158/10/20158/24/2015
5/21/2015special$0.255/28/20156/1/20156/15/2015
3/9/2015special$6.733/23/20153/25/20154/9/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tribune Media Co (NYSE:TRCO)
Insider Ownership Percentage: 0.74%
Insider Trades by Quarter for Tribune Media Co (NYSE:TRCO)
Institutional Ownership by Quarter for Tribune Media Co (NYSE:TRCO)
Insider Trades by Quarter for Tribune Media Co (NYSE:TRCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/11/2016Matthew ChernissInsiderSell11,705$38.92$455,558.60View SEC Filing  
3/4/2016Melanie HughesEVPSell7,298$38.98$284,476.04View SEC Filing  
4/28/2015Tribune L.P. OaktreeDirectorSell4,620,037$54.04$249,666,799.48View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tribune Media Co (NYSE:TRCO)
Latest Headlines for Tribune Media Co (NYSE:TRCO)
Source:
DateHeadline
finance.yahoo.com logoTribune Media Co. : TRCO-US: Dividend Analysis : May 22nd, 2017 (record date) : By the numbers : May 23, 2017
finance.yahoo.com - May 25 at 5:27 AM
finance.yahoo.com logoEarly movers: TIF, LOW, AAP, FGL, INTU, BG, SHAK, RBS & more
finance.yahoo.com - May 24 at 8:46 AM
finance.yahoo.com logoDo American Workers Need a Vacation? New CareerBuilder Data Shows Majority Are Burned Out at Work, While Some Are Highly Stressed or Both
finance.yahoo.com - May 23 at 8:46 AM
finance.yahoo.com logoAmaya Announces Nomination of Two New Directors
finance.yahoo.com - May 23 at 8:46 AM
finance.yahoo.com logoMore Than Half of HR Managers Say Artificial Intelligence Will Become a Regular Part of HR in Next 5 Years
finance.yahoo.com - May 18 at 12:36 PM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of Tribune Media Company to Sinclair Broadcast Group, Inc. for $43.50 Per Share is ...
www.businesswire.com - May 15 at 7:27 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of Tribune Media Company to Sinclair Broadcast Group, Inc. for $43.50 Per Share is Fair to Shareholders
finance.yahoo.com - May 15 at 7:27 PM
finance.yahoo.com logoEdited Transcript of TRCO earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 15 at 7:27 PM
finance.yahoo.com logoTRIBUNE MEDIA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tribune Media Company
finance.yahoo.com - May 12 at 3:49 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Tribune Media Company and Encourages Shareholders to Contact the Firm for Additional Information
finance.yahoo.com - May 12 at 3:49 PM
americanbankingnews.com logoTribune Media Co (TRCO) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - May 11 at 9:02 PM
americanbankingnews.com logoTribune Media Co (trco) to Issue Quarterly Dividend of $0.25
www.americanbankingnews.com - May 11 at 12:50 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Tribune Media Company and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 11 at 2:25 AM
finance.yahoo.com logoTRIBUNE MEDIA COMPANY SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Sale to Sinclair Broadcast Group, Inc.
finance.yahoo.com - May 11 at 2:25 AM
americanbankingnews.com logoTribune Media Co (TRCO) Issues Quarterly Earnings Results, Misses Expectations By $0.14 EPS
www.americanbankingnews.com - May 10 at 3:32 PM
finance.yahoo.com logoTribune Media Company Reports First Quarter 2017 Results
finance.yahoo.com - May 10 at 10:16 AM
marketbeat.com logoTribune Media reports 1Q loss
marketbeat.com - May 10 at 7:28 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Tribune Media Company - TRCO
finance.yahoo.com - May 9 at 7:46 PM
americanbankingnews.com logoTribune Media Co (TRCO) Upgraded at Morgan Stanley
www.americanbankingnews.com - May 9 at 6:24 PM
americanbankingnews.com logoGabelli Lowers Tribune Media Co (TRCO) to Sell
www.americanbankingnews.com - May 9 at 11:00 AM
finance.yahoo.com logoCramer explains how Coach and Sinclair's takeovers help us value stocks
finance.yahoo.com - May 9 at 10:01 AM
finance.yahoo.com logoPRESS DIGEST- Financial Times - May 9
finance.yahoo.com - May 9 at 10:01 AM
finance.yahoo.com logo[$$] Sinclair Broadcast to Buy Tribune Media for $3.9 Billion
finance.yahoo.com - May 9 at 10:01 AM
finance.yahoo.com logoPRESS DIGEST- New York Times business news - May 9
finance.yahoo.com - May 9 at 10:01 AM
finance.yahoo.com logoWhy Earnings Season Could Be Great for Tribune Media (TRCO)
finance.yahoo.com - May 9 at 10:01 AM
bizjournals.com logoHarwood Feffer LLP Announces Investigation of Tribune Media Company
www.bizjournals.com - May 8 at 7:47 PM
zacks.com logoHere's Why Tribune Media (TRCO) Stock Soared Today
www.zacks.com - May 8 at 7:47 PM
finance.yahoo.com logoCramer explains how Coach and Sinclair's takeovers help U...
finance.yahoo.com - May 8 at 7:47 PM
finance.yahoo.com logoCramer: What 2 Deals Say About Valuation
finance.yahoo.com - May 8 at 7:47 PM
marketbeat.com logoTyson Foods and LyondellBassell slip; Kate Spade jumps
marketbeat.com - May 8 at 4:34 PM
rttnews.com logoSinclair To Buy Tribune Media For About $3.9 Bln, Plus Assumption Of Debt
www.rttnews.com - May 8 at 9:56 AM
reuters.com logoSinclair Broadcast to buy Tribune Media for about $3.9 billion
www.reuters.com - May 8 at 9:56 AM
finance.yahoo.com logoMedia giant is close to buying owner of 2 Denver TV stations
finance.yahoo.com - May 8 at 9:56 AM
americanbankingnews.com logoTribune Media Co (TRCO) to Release Earnings on Wednesday
www.americanbankingnews.com - May 8 at 9:40 AM
marketbeat.com logoSinclair to buy Tribune Media, expanding its local TV reach
marketbeat.com - May 8 at 9:36 AM
finance.yahoo.com logoThe Nursing Skills Gap Continues to Grow While 70 Percent of Nurses Feel Burnt Out in Their Current Job, According to New CareerBuilder Survey
finance.yahoo.com - May 5 at 8:19 AM
americanbankingnews.com logoTribune Media (TRCO) Getting Somewhat Critical Media Coverage, Study Shows
www.americanbankingnews.com - May 4 at 12:12 PM
americanbankingnews.com logoTribune Media Co (TRCO) Expected to Post Quarterly Sales of $459.49 Million
www.americanbankingnews.com - May 4 at 12:00 PM
finance.yahoo.com logoAs Sinclair's stock falls, executives discuss advertising, acquisitions
finance.yahoo.com - May 3 at 6:32 PM
americanbankingnews.com logoTribune Media Co (TRCO) Expected to Announce Earnings of $0.07 Per Share
www.americanbankingnews.com - May 2 at 7:58 PM
americanbankingnews.com logoTribune Media Co (TRCO) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 1 at 8:32 PM
rttnews.com logoTribune Media Posting Strong Gain In Afternoon Trading
www.rttnews.com - May 1 at 7:26 PM
finance.yahoo.com logoKen Doctor: Lipstick on a Fox, the Bill Shine Shake-Up and Myth of the Sons
finance.yahoo.com - May 1 at 7:26 PM
americanbankingnews.com logoTribune Media Co (TRCO) Price Target Lowered to $48.00 at BWS Financial
www.americanbankingnews.com - May 1 at 7:04 PM
americanbankingnews.com logoTribune Media (TRCO) Receives Daily News Sentiment Score of 0.01
www.americanbankingnews.com - May 1 at 5:40 PM
finance.yahoo.com logoTribune soars on fresh takeover talk, Twitter news streaming deal, Netflix hacked, Dish revenue disappoints
finance.yahoo.com - May 1 at 10:50 AM
rttnews.com logoFox, Blackstone Reportedly Teaming For Tribune Bid
www.rttnews.com - May 1 at 10:50 AM
bizjournals.com logoTribune Media Company to Report First Quarter 2017 Financial Results and Host Conference Call
www.bizjournals.com - May 1 at 10:50 AM
marketwatch.com logoFox, Blackstone may launch joint bid for Tribune Media: report
www.marketwatch.com - April 30 at 8:58 PM
finance.yahoo.com logoFox, Blackstone Said Teaming to Make Competing Tribune Bid
finance.yahoo.com - April 30 at 8:58 PM

Social

Chart

Tribune Media Co (TRCO) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff