About Tribune Media (NYSE:TRCO)
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 Ratio0.91%
Current Ratio1.98%
Quick Ratio1.98%
Price-To-Earnings
Trailing P/E Ratio27.65
Forward P/E Ratio19.20
P/E Growth9.52
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales1.84
Cash Flow$4.1162 per share
Price / Cash9.47
Book Value$36.84 per share
Price / Book1.06
Profitability
EPS (Most Recent Fiscal Year)$1.41
Net Income$194.11 million
Net Margins10.50%
Return on Equity4.13%
Return on Assets1.52%
Miscellaneous
Employees6,000
Outstanding Shares87,490,000
Tribune Media (NYSE:TRCO) Frequently Asked Questions
What is Tribune Media's stock symbol?
Tribune Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRCO."
How often does Tribune Media pay dividends? What is the dividend yield for Tribune Media?
Tribune Media declared a quarterly dividend on Thursday, March 1st. Stockholders of record on Monday, March 12th will be given a dividend of $0.25 per share on Monday, March 26th. This represents a $1.00 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, March 9th. View Tribune Media's Dividend History.
How were Tribune Media's earnings last quarter?
Tribune Media (NYSE:TRCO) posted its earnings results on Thursday, March, 1st. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.50 by $0.31. The company earned $489 million during the quarter, compared to analysts' expectations of $488.13 million. Tribune Media had a return on equity of 4.13% and a net margin of 10.50%. The company's revenue for the quarter was down 7.7% on a year-over-year basis. During the same period last year, the company posted $0.85 earnings per share. View Tribune Media's Earnings History.
When is Tribune Media's next earnings date?
What price target have analysts set for TRCO?
5 Wall Street analysts have issued 1-year price targets for Tribune Media's shares. Their forecasts range from $42.00 to $48.00. On average, they anticipate Tribune Media's share price to reach $43.8750 in the next twelve months. View Analyst Ratings for Tribune Media.
Who are some of Tribune Media's key competitors?
Some companies that are related to Tribune Media include Rtl Group (RGLXF), Televisa (TV), PROSIEBENSAT1 MED. (PBSFY), Liberty Media (FWONK), Liberty Media (FWONA), Liberty Media (FWONB), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), TF1 - TV FRANCAISE (TVFCF), TEGNA (TGNA), Gray Television (GTN), E. W. Scripps (SSP), Gray Television (GTN.A), Central European Media Enterprises (CETV) and Entravision Communications (EVC).
Who are Tribune Media's key executives?
Tribune Media's management team includes the folowing people:
- Mr. Peter Maxwell Kern, Interim 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 Media been receiving favorable news coverage?
News stories about TRCO stock have been trending somewhat positive on Thursday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tribune Media earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media coverage about the company an impact score of 45.97 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Tribune Media?
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 Media's stock price today?
One share of TRCO stock can currently be purchased for approximately $38.98.
How big of a company is Tribune Media?
Tribune Media 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 Media employs 6,000 workers across the globe.
How can I contact Tribune Media?
Tribune Media'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 Media (TRCO)
MarketBeat's community ratings are surveys of what our community members think about Tribune Media 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.
Tribune Media (NYSE:TRCO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Tribune Media in the last 12 months. Their average twelve-month price target is $43.8750, suggesting that the stock has a possible upside of 12.56%. The high price target for TRCO is $48.00 and the low price target for TRCO is $42.00. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $43.8750 | $43.8750 | $43.8750 | $43.8750 |
| Price Target Upside: | 12.56% upside | 8.15% upside | 8.15% upside | 8.15% upside |
Tribune Media (NYSE:TRCO) Consensus Price Target History
Tribune Media (NYSE:TRCO) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Tribune Media (NYSE:TRCO) Dividend Information
Tribune Media pays an annual dividend of $1.00 per share, with a dividend yield of 2.57%. TRCO's most recent quarterly dividend payment was Monday, March 26. Tribune Media pays out 70.92% of its earnings out as a dividend.
| Most Recent Dividend: | 3/26/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 2.57% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 70.92% (Trailing 12 Months of Earnings)
49.26% (Based on This Year's Estimates)
54.35% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Tribune Media (NYSE:TRCO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/1/2018 | quarterly | $0.25 | 2.39% | 3/9/2018 | 3/12/2018 | 3/26/2018 |
| 11/9/2017 | quarterly | $0.25 | 2.45% | 11/17/2017 | 11/20/2017 | 12/5/2017 |
| 8/9/2017 | Quarterly | $0.25 | 2.48% | 8/17/2017 | 8/21/2017 | 9/5/2017 |
| 5/10/2017 | Quarterly | $0.25 | 2.38% | 5/18/2017 | 5/22/2017 | 6/6/2017 |
| 3/1/2017 | quarterly | $0.25 | 2.68% | 3/9/2017 | 3/13/2017 | 3/27/2017 |
| 1/4/2017 | special | $5.77 | 2.71% | 1/11/2017 | 1/13/2017 | 2/3/2017 |
| 11/9/2016 | Quarterly | $0.25 | 3.06% | 11/17/2016 | 11/21/2016 | 12/6/2016 |
| 8/9/2016 | quarterly | $0.25 | 2.69% | 8/17/2016 | 8/19/2016 | 9/2/2016 |
| 5/10/2016 | quarterly | $0.25 | 2.55% | 5/18/2016 | 5/20/2016 | 6/6/2016 |
| 3/1/2016 | quarterly | $0.25 | 2.64% | 3/8/2016 | 3/10/2016 | 3/24/2016 |
| 11/11/2015 | quarterly | $0.25 | 2.64% | 11/18/2015 | 11/20/2015 | 12/7/2015 |
| 7/31/2015 | quarterly | $0.25 | 1.98% | 8/6/2015 | 8/10/2015 | 8/24/2015 |
| 5/21/2015 | special | $0.25 | | 5/28/2015 | 6/1/2015 | 6/15/2015 |
| 3/9/2015 | special | $6.73 | | 3/23/2015 | 3/25/2015 | 4/9/2015 |
(Data available from 1/1/2013 forward)
Tribune Media (NYSE TRCO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.55%
Institutional Ownership Percentage: 88.49%
Tribune Media (NYSE TRCO) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/4/2017 | Tribune L.P. Oaktree | Insider | Sell | 7,000,000 | $40.36 | $282,520,000.00 | |  |
| 8/11/2016 | Matthew Cherniss | Insider | Sell | 11,705 | $38.92 | $455,558.60 | | |
| 3/4/2016 | Melanie Hughes | EVP | Sell | 7,298 | $38.98 | $284,476.04 | 1,872 | |
| 4/28/2015 | Tribune L.P. Oaktree | Director | Sell | 4,620,037 | $54.04 | $249,666,799.48 | | |
(Data available from 1/1/2013 forward)
Tribune Media (NYSE TRCO) News Headlines
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Tribune Media (NYSE:TRCO) SEC Filings
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Tribune Media (NYSE:TRCO) Income Statement, Balance Sheet and Cash Flow Statement
Tribune Media (NYSE TRCO) Stock Chart for Thursday, April, 26, 2018
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