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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 Ratio0.87
Current Ratio3.07
Quick Ratio3.07
Price-To-Earnings
Trailing P/E Ratio25.62
Forward P/E Ratio13.89
P/E Growth7.1
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales1.71
Cash Flow$3.9912 per share
Price / Cash9.05
Book Value$38.18 per share
Price / Book0.95
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 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 Tuesday, May 8th. Stockholders of record on Monday, May 21st will be given 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 2.77%. The ex-dividend date of this dividend is Friday, May 18th. View Tribune Media's Dividend History.
How were Tribune Media's earnings last quarter?
Tribune Media (NYSE:TRCO) announced its quarterly earnings results on Thursday, May, 10th. The company reported $0.51 EPS for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.39. The business had revenue of $443.64 million for the quarter, compared to the consensus estimate of $456.85 million. Tribune Media had a net margin of 22.72% and a return on equity of 5.64%. Tribune Media's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.07) EPS. View Tribune Media's Earnings History.
When is Tribune Media's next earnings date?
What price target have analysts set for TRCO?
2 brokerages have issued 1-year target prices for Tribune Media's stock. Their predictions range from $42.00 to $44.00. On average, they expect Tribune Media's share price to reach $43.00 in the next year. 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), GRUPO TELEVISA/S (TV), Liberty Media (FWONK), PROSIEBENSAT1 MED. (PBSFY), Liberty Media (FWONB), Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), TF1 Group (TVFCF), TEGNA (TGNA), E. W. Scripps (SSP), Gray Television (GTN), Gray Television (GTN.A), Central European Media Enterprises (CETV) and Phoenix New Media (FENG).
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 articles about TRCO stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tribune Media earned a news impact score of 0.02 on Accern's scale. They also assigned news coverage about the company an impact score of 46.83 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Tribune Media's major shareholders?
Tribune Media's stock is owned by a variety of of institutional and retail 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 Media stock include Matthew Cherniss and Tribune LP Oaktree. View Institutional Ownership Trends for Tribune Media.
Which major investors are selling Tribune Media stock?
TRCO stock was sold by a variety of institutional investors in the last quarter, including HighVista Strategies LLC, City Financial Investment Co Ltd, Oaktree Capital Management LP, Hsbc Holdings PLC, BNP Paribas Arbitrage SA, Quad Capital Management Advisors LLC, Citigroup Inc. and ARP Americas LP. View Insider Buying and Selling for Tribune Media.
Which major investors are buying Tribune Media 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 Media.
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 $36.12.
How big of a company is Tribune Media?
Tribune Media has a market capitalization of $3.23 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.
2 Wall Street analysts have issued ratings and price targets for Tribune Media in the last 12 months. Their average twelve-month price target is $43.00, suggesting that the stock has a possible upside of 19.05%. The high price target for TRCO is $44.00 and the low price target for TRCO is $42.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Hold | Hold | Hold |
| Consensus Rating Score: | 2.50 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 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) |
| Consensus Price Target: | $43.00 | $43.8750 | $43.8750 | $43.8750 |
| Price Target Upside: | 19.05% 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 5/24/2016 forward)
Tribune Media (NYSE:TRCO) Dividend Information
Tribune Media pays an annual dividend of $1.00 per share, with a dividend yield of 2.77%. TRCO's next quarterly dividend payment will be made on Tuesday, June 5. Tribune Media pays out 70.92% of its earnings out as a dividend.
| Next Dividend: | 6/5/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 2.77% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 70.92% (Trailing 12 Months of Earnings)
38.46% (Based on This Year's Estimates)
53.76% (Based on Next Year's Estimates)
25.06% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
Tribune Media (NYSE:TRCO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/8/2018 | Quarterly | $0.25 | 2.68% | 5/18/2018 | 5/21/2018 | 6/5/2018 |
| 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: 0.38%
Institutional Ownership Percentage: 90.12%
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, May, 24, 2018
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