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
Stock Exchange NYSE
Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNYSE:TRCO
Previous SymbolOTCMKTS:TRBAA
CUSIPN/A
Phone312-222-3394
Debt
Debt-to-Equity Ratio0.85
Current Ratio3.35
Quick Ratio3.35
Price-To-Earnings
Trailing P/E Ratio32.17
Forward P/E Ratio12.60
P/E Growth1.35
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales2.15
Cash Flow$4.0718 per share
Price / Cash Flow11.14
Book Value$36.84 per share
Price / Book1.23
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$194.11 million
Net Margins31.69%
Return on Equity7.72%
Return on Assets3.20%
Miscellaneous
Employees6,000
Outstanding Shares87,660,000
Market Cap$3.98 billion
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 declared a quarterly dividend on Friday, November 9th. Shareholders of record on Monday, November 19th will be given a dividend of $0.25 per share on Tuesday, December 4th. This represents a $1.00 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, November 16th. View Tribune's Dividend History.
How were Tribune's earnings last quarter?
Tribune (NYSE:TRCO) released its quarterly earnings results on Friday, November, 9th. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.08. The company had revenue of $498 million for the quarter, compared to analysts' expectations of $481.79 million. Tribune had a return on equity of 7.72% and a net margin of 31.69%. The company's revenue was up 10.5% on a year-over-year basis. During the same period last year, the business earned $0.31 earnings per share. View Tribune's Earnings History.
When is Tribune's next earnings date?
What price target have analysts set for TRCO?
6 brokerages have issued twelve-month price targets for Tribune's shares. Their forecasts range from $36.00 to $44.00. On average, they expect Tribune's share price to reach $40.20 in the next twelve months. This suggests that the stock has a possible downside of 11.4%. 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 positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Tribune earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the next few days.
Are investors shorting Tribune?
Tribune saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,827,096 shares, an increase of 177.8% from the November 15th total of 1,017,583 shares. Based on an average daily trading volume, of 1,697,542 shares, the short-interest ratio is presently 1.7 days. Currently, 3.2% of the shares of the stock are sold short. View Tribune's Current Options Chain.
Who are some of Tribune's key competitors?
Some companies that are related to Tribune include Grupo Televisa SAB (TV), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), 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), Liberty Braves Group Series A (BATRA), Entravision Communication (EVC) 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 50)
- Mr. Chandler Bigelow, Exec. VP & CFO (Age 49)
- Mr. Edward P. Lazarus, Exec. VP, Gen. Counsel, Chief Strategy Officer & Corp. Sec. (Age 59)
- Mr. Lawrence Wert, Pres of Broadcast Media (Age 62)
- Mr. Brian F. Litman, Chief Accounting Officer, Sr. VP & Corp. Controller
Who are Tribune's major shareholders?
Tribune's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.11%), Vanguard Group Inc (8.11%), Baupost Group LLC MA (6.84%), Baupost Group LLC MA (6.84%), Primecap Management Co. CA (5.29%) and BlackRock Inc. (5.05%). View Institutional Ownership Trends for Tribune.
Which institutional investors are selling Tribune stock?
TRCO stock was sold by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Allianz Asset Management GmbH, Morgan Stanley, Havens Advisors LLC, Marshall Wace LLP, DLD Asset Management LP, Renaissance Technologies LLC and Kellner Capital LLC. View Insider Buying and Selling for Tribune.
Which institutional investors are buying Tribune stock?
TRCO stock was bought by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Baupost Group LLC MA, Soros Fund Management LLC, Prudential Financial Inc., Citadel Advisors LLC, BlackRock Inc., Gamco Investors INC. ET AL and Marshall Wace North America L.P.. View Insider Buying and Selling for Tribune.
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 $45.36.
How big of a company is Tribune?
Tribune has a market capitalization of $3.98 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.
