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
SymbolNYSE:TRCO
CUSIPN/A
Phone646-563-8296
Debt
Debt-to-Equity Ratio0.87
Current Ratio3.07
Quick Ratio3.07
Price-To-Earnings
Trailing P/E Ratio26.99
Forward P/E Ratio15.04
P/E Growth7.59
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales1.80
Cash Flow$4.0318 per share
Price / Cash9.44
Book Value$36.84 per share
Price / Book1.03
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$194.11 million
Net Margins22.72%
Return on Equity5.64%
Return on Assets2.15%
Miscellaneous
Employees6,000
Outstanding Shares87,620,000
Tribune Company Common Stock (NYSE:TRCO) Frequently Asked Questions
What is Tribune Company Common Stock's stock symbol?
Tribune Company Common Stock trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRCO."
How often does Tribune Company Common Stock pay dividends? What is the dividend yield for Tribune Company Common Stock?
Tribune Company Common Stock announced a quarterly dividend on Tuesday, May 8th. Investors of record on Monday, May 21st will be paid a dividend of $0.25 per share on Tuesday, June 5th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Friday, May 18th. View Tribune Company Common Stock's Dividend History.
How were Tribune Company Common Stock's earnings last quarter?
Tribune Company Common Stock (NYSE:TRCO) released its quarterly earnings data on Thursday, May, 10th. The company reported $0.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.12 by $0.39. The firm earned $443.64 million during the quarter, compared to the consensus estimate of $456.85 million. Tribune Company Common Stock had a net margin of 22.72% and a return on equity of 5.64%. The business's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.07) earnings per share. View Tribune Company Common Stock's Earnings History.
When is Tribune Company Common Stock's next earnings date?
What price target have analysts set for TRCO?
2 analysts have issued twelve-month price targets for Tribune Company Common Stock's stock. Their predictions range from $42.00 to $44.00. On average, they expect Tribune Company Common Stock's share price to reach $43.00 in the next twelve months. View Analyst Ratings for Tribune Company Common Stock.
Who are some of Tribune Company Common Stock's key competitors?
Some companies that are related to Tribune Company Common Stock include Rtl Group (RGLXF), Grupo Televisa SAB (TV), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series B (FWONB), Liberty Media Formula One Series A (FWONA), PROSIEBENSAT 1/ADR (PBSFY), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), TEGNA (TGNA), TF1 Group (TVFCF), Gray Television (GTN), E. W. Scripps (SSP), Gray Television, Inc. Class A (GTN.A), Central European Media Enterprises (CETV) and Entravision Communication (EVC).
Who are Tribune Company Common Stock's key executives?
Tribune Company Common Stock'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
Has Tribune Company Common Stock been receiving favorable news coverage?
Headlines about TRCO stock have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tribune Company Common Stock earned a news impact score of 0.14 on Accern's scale. They also gave media headlines about the company an impact score of 46.91 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Tribune Company Common Stock's major shareholders?
Tribune Company Common Stock's stock is owned by a number of of retail and institutional investors. Top institutional investors include Oaktree Capital Management LP (7.98%), BlackRock Inc. (3.62%), Alpine Associates Management Inc. (3.12%), Water Island Capital LLC (2.81%), Natixis (2.49%) and State of Wisconsin Investment Board (1.45%). Company insiders that own Tribune Company Common Stock stock include Matthew Cherniss and Tribune LP Oaktree. View Institutional Ownership Trends for Tribune Company Common Stock.
Which major investors are selling Tribune Company Common Stock stock?
TRCO stock was sold by a variety of institutional investors in the last quarter, including HighVista Strategies LLC, City Financial Investment Co Ltd, City Financial Investment Co Ltd, Oaktree Capital Management LP, Hsbc Holdings PLC, BNP Paribas Arbitrage SA, Quad Capital Management Advisors LLC and Citigroup Inc.. View Insider Buying and Selling for Tribune Company Common Stock.
Which major investors are buying Tribune Company Common Stock stock?
TRCO stock was acquired by a variety of institutional investors in the last quarter, including Natixis, Water Island Capital LLC, Alpine Associates Management Inc., State of Wisconsin Investment Board, GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, Susquehanna Fundamental Investments LLC and Ontario Teachers Pension Plan Board. View Insider Buying and Selling for Tribune Company Common Stock.
How do I buy shares of Tribune Company Common Stock?
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 Company Common Stock's stock price today?
One share of TRCO stock can currently be purchased for approximately $38.06.
How big of a company is Tribune Company Common Stock?
Tribune Company Common Stock has a market capitalization of $3.37 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 Company Common Stock employs 6,000 workers across the globe.
How can I contact Tribune Company Common Stock?
Tribune Company Common Stock's mailing address is 515 NORTH STATE STREET, CHICAGO IL, 60654. The company can be reached via phone at 646-563-8296 or via email at [email protected]
MarketBeat Community Rating for Tribune Company Common Stock (TRCO)
MarketBeat's community ratings are surveys of what our community members think about Tribune Company Common Stock 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.
