Tribune Media Company, through its subsidiaries, operates as a media and entertainment company in the United States. It offers news, entertainment, and sports programming through Tribune Broadcasting local television stations, including FOX television affiliates, CW Network, LLC television affiliates, CBS television affiliates, ABC television affiliates, MY television affiliates, NBC television affiliates, and independent television stations; and television series and movies on WGN America, a national general entertainment cable network. The company also operates Antenna TV and THIS TV digital multicast networks; a production studio; Screener, an entertainment Website; and WGN 720 AM, a radio station in Chicago. It owns and operates 42 local television stations. The company was formerly known as Tribune Company and changed its name to Tribune Media Company in July 2014. Tribune Media Company was founded in 1847 and is based in Chicago, Illinois.
Industry, Sector and Symbol
Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
Phone312-222-3394
Debt
Current Ratio3.35
Quick Ratio3.35
Price-To-Earnings
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales2.17
Price / Cash Flow11.20
Price / Book1.24
Profitability
Net Income$194.11 million
Net Margins31.69%
Return on Assets3.20%
Miscellaneous
Employees6,000
OptionableOptionable
Tribune (NYSE:TRCO) Frequently Asked Questions
What is Tribune's stock symbol?
Tribune trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRCO."
How often does Tribune pay dividends? What is the dividend yield for Tribune?
Tribune announced a quarterly dividend on Friday, November 9th. Investors of record on Monday, November 19th will be paid a dividend of $0.25 per share on Tuesday, December 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Friday, November 16th. View Tribune's Dividend History.
How were Tribune's earnings last quarter?
Tribune (NYSE:TRCO) posted its quarterly earnings results on Friday, November, 9th. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.08. The firm had revenue of $498 million for the quarter, compared to analyst estimates of $481.79 million. Tribune had a return on equity of 7.72% and a net margin of 31.69%. Tribune's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 EPS. View Tribune's Earnings History.
When is Tribune's next earnings date?
What price target have analysts set for TRCO?
6 equities research analysts have issued 1 year price targets for Tribune's stock. Their forecasts range from $36.00 to $44.00. On average, they expect Tribune's stock price to reach $40.20 in the next twelve months. This suggests that the stock has a possible downside of 12.3%. View Analyst Price Targets for Tribune.
What is the consensus analysts' recommendation for Tribune?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tribune in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tribune.
Has Tribune been receiving favorable news coverage?
Headlines about TRCO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tribune earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Are investors shorting Tribune?
Tribune saw a increase in short interest in December. As of December 14th, there was short interest totalling 6,173,967 shares, an increase of 118.4% from the November 30th total of 2,827,096 shares. Based on an average daily volume of 7,921,342 shares, the days-to-cover ratio is currently 0.8 days. Currently, 7.1% of the company's shares are short sold. View Tribune's Current Options Chain.
Who are some of Tribune's key competitors?
Some companies that are related to Tribune include Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Grupo Televisa SAB (TV), Liberty Media Formula One Series B (FWONB), PROSIEBENSAT 1/ADR (PBSFY), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), TEGNA (TGNA), Television Francaise 1 (TVFCF), Gray Television (GTN), Gray Television (GTN.A), Central European Media Enterprises (CETV), Entravision Communication (EVC), Liberty Braves Group Series A (BATRA) and Phoenix New Media (FENG).
Who are Tribune's key executives?
Tribune's management team includes the folowing people:
- Mr. Peter Maxwell Kern, CEO & Director (Age 51)
- Mr. Chandler Bigelow, Exec. VP & CFO (Age 50)
- Mr. Lawrence Wert, Pres of Broadcast Media (Age 63)
- Mr. Edward P. Lazarus, Exec. VP, Gen. Counsel, Chief Strategy Officer & Corp. Sec. (Age 60)
- Mr. Brian F. Litman, Chief Accounting Officer, Sr. VP & Corp. Controller
Who are Tribune's major shareholders?
Which major investors are buying Tribune stock?
How do I buy shares of Tribune?
Shares of TRCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tribune's stock price today?
One share of TRCO stock can currently be purchased for approximately $45.82.
How big of a company is Tribune?
Tribune has a market capitalization of $4.00 billion and generates $1.85 billion in revenue each year. The company earns $194.11 million in net income (profit) each year or $1.41 on an earnings per share basis. Tribune employs 6,000 workers across the globe.
What is Tribune's official website?
How can I contact Tribune?
Tribune's mailing address is 515 NORTH STATE STREET, CHICAGO IL, 60654. The company can be reached via phone at 312-222-3394 or via email at [email protected]
MarketBeat Community Rating for Tribune (NYSE TRCO)
MarketBeat's community ratings are surveys of what our community members think about Tribune and other stocks. Vote "Outperform" if you believe TRCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
