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Meredith Corporation

MDP

Latest Trade

58.32USD

Change

0.04(+0.07%)

Volume

47,331

Today's Range

58.22

 - 

58.33

52 Week Range

10.75

 - 

58.83

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
58.28
Open
58.26
Volume
47,331
3M AVG Volume
14.22
Today's High
58.33
Today's Low
58.22
52 Week High
58.83
52 Week Low
10.75
Shares Out (MIL)
45.78
Market Cap (MIL)
2,378.22
Forward P/E
13.41
Dividend (Yield %)
--

Next Event

Q1 2022 Meredith Corp Earnings Release

Latest Developments

More

IAC's Dotdash To Acquire Meredith Corporation's National Media Group

Meredith Corp Files Non-Timely 10-K With U.S. SEC

Meredith Reports Fiscal 2021 Fourth Quarter And Full Year Results

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About Meredith Corporation

Meredith Corporation is a media and marketing services company. The Company operates two business segments: national media and local media. Its national media segment includes national consumer media brands delivered through multiple media platforms, including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. Its local media segment consists of approximately 17 television stations located across the United States. Local media’s digital presence includes approximately 12 websites and 12 application focused on news, sports, and weather-related information. In addition, the local media segment sells geographically and demographically advertising programs to third parties.

Industry

Printing & Publishing

Contact Info

1716 Locust St

DES MOINES, IA

50309-3038

United States

+1.515.2843000

http://www.meredith.com/

Executive Leadership

Thomas H. Harty

Chairman of the Board, President, Chief Executive Officer

D. Mell Meredith Frazier

Independent Vice Chairman of the Board

Jason M. Frierott

Chief Financial Officer, Vice President

Catherine Levene

President and Chief Digital Officer National Media Group

Patrick McCreery

President - Local Media Group

Key Stats

3.00 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2019

3.2K

2020

2.8K

2021

3.0K

2022(E)

2.8K
EPS (USD)

2019

3.190

2020

1.540

2021

5.800

2022(E)

4.354
Price To Earnings (TTM)
9.32
Price To Sales (TTM)
0.80
Price To Book (MRQ)
4.09
Price To Cash Flow (TTM)
5.24
Total Debt To Equity (MRQ)
421.10
LT Debt To Equity (MRQ)
420.47
Return on Investment (TTM)
6.47
Return on Equity (TTM)
5.54

Latest News

Latest News

Meredith investors can’t revive suit over Time deal - 8th Circ

The 8th U.S. Circuit Court of Appeals has upheld the dismissal of a proposed class action accusing Meredith Corp of misleading shareholders about the success of its $2.8 billion acquisition of Time Inc in 2018.

IAC's Dotdash to buy magazine publisher Meredith in $2.7 billion deal

IAC's digital media arm Dotdash on Wednesday agreed to buy Meredith Corp in a deal valued at about $2.7 billion, bringing People magazine, Allrecipes and Investopedia under one umbrella.

IAC/InterActiveCorp in talks to buy magazine publisher Meredith -WSJ

IAC/InterActiveCorp is in advanced talks to buy magazine publisher Meredith Corp at a valuation expected to be over $2.5 billion, the Wall Street Journal reported on Thursday.

IAC/InterActiveCorp in talks to buy magazine publisher Meredith -WSJ

IAC/InterActiveCorp is in advanced talks to buy magazine publisher Meredith Corp in a deal expected to be valued at more than $2.5 billion, the Wall Street Journal reported on Thursday. (Reporting by Shubham Kalia in Bengaluru)

Meredith Corp accepts revised bid to sell its TV stations to Gray Television

Media company Meredith Corp said on Thursday it has accepted a revised proposal from broadcast firm Gray Television Inc to buy Meredith's television stations business for about $2.83 billion.

Meredith Corp accepts Gray Television's revised proposal to buy its television stations

Media company Meredith Corp said on Thursday it has accepted a revised proposal from television broadcast firm Gray Television Inc to buy Meredith's television stations business for about $2.83 billion. (Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta)

Meredith to sell TV stations to Gray for $2.7 billion, spin off magazines unit

Meredith Corp said on Monday its plans to sell its television stations business to broadcaster Gray Television Inc for an enterprise value of $2.7 billion, and spin off its magazines division.

Meredith Corp cuts pay for 60% of employees amid COVID-19

People Magazine owner Meredith Corp, will temporarily cut pay for 60% of its employees and paused its dividend as advertising revenue takes a hit during the coronavirus outbreak, the company announced on Monday.

Meredith sells Sports Illustrated to Authentic Brands to further digital push

Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business.

Meredith to explore sale of its U.S. broadcast stations: sources

Meredith Corp, best known for its lifestyle magazines such as "Better Homes and Gardens", is preparing to explore a sale of its portfolio of local U.S. broadcast stations as it looks to streamline its business, people familiar with the matter said.

Former NBA player Bridgeman in the lead to buy Sports Illustrated magazine: sources

Ulysses Lee "Junior" Bridgeman, a former U.S. basketball player who became a fast-food mogul, is in the lead to acquire Sports Illustrated magazine from U.S. media company Meredith Corp <MDP.N> for about $150 million, people familiar with the matter said on Friday.

Meredith to sell Fortune magazine to Thai businessman for $150 million

U.S. media company Meredith Corp <MDP.N> said on Friday it would sell Fortune magazine for $150 million in cash to Thai businessman Chatchaval Jiaravanon, the second time the influential business magazine has changed hands this year.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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