for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Meredith Corporation

MDP.N

Latest Trade

34.26USD

Change

1.76(+5.42%)

Volume

278,471

Today's Range

33.00

 - 

34.73

52 Week Range

30.69

 - 

62.36

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

Pricing

Previous Close
32.50
Open
33.01
Volume
278,471
3M AVG Volume
14.11
Today's High
34.73
Today's Low
33.00
52 Week High
62.36
52 Week Low
30.69
Shares Out (MIL)
45.23
Market Cap (MIL)
1,578.80
Forward P/E
7.17
Dividend (Yield %)
6.71

Next Event

Q1 2020 Meredith Corp Earnings Release

Latest Developments

More

Meredith CFO Joe Ceryanec Announces Retirement

Meredith Reaches Multi-Year Distribution Agreement With DISH Network

Meredith CEO Tom Harty Purchases 12,000 Shares Of Company Stock

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Meredith Corporation

Meredith Corporation is a diversified media company. The Company is focused primarily on the home and family marketplace. The Company operates through two segments: Local Media and National Media. As of June 30, 2018, the Company's Local Media segment includes 17 owned television stations, one managed television station and related digital and mobile media operations. Its National Media segment includes magazine publishing, custom content and customer relationship marketing, digital and mobile media, brand licensing, database-related activities, and other related operations. Its National Media segment focuses on the food, home, parenthood, and health markets and is a publisher of magazines serving women. As of June 30, 2018, the Company's owned television stations consist of seven CBS affiliates, five FOX affiliates, two MyNetworkTV affiliates, one NBC affiliate, one ABC affiliate and two independent station. The National Media segment also focuses on run-of-press display advertising.

Industry

Printing & Publishing

Contact Info

1716 Locust St

+1.515.2843000

http://www.meredith.com/

Executive Leadership

Stephen M. Lacy

Non-Executive Chairman of the Board

Thomas H. Harty

President, Chief Executive Officer, Director

D. Mell Meredith Frazier

Independent Vice Chairman of the Board

Joseph H. Ceryanec

Chief Financial Officer

Catherine Levene

President and Chief Digital Officer National Media Group

Key Stats

2.57 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

1.7K

2018

2.2K

2019

3.2K

2020(E)

3.1K
EPS (USD)

2017

4.000

2018

3.250

2019

3.190

2020(E)

4.779
Price To Earnings (TTM)
30.59
Price To Sales (TTM)
0.50
Price To Book (MRQ)
1.59
Price To Cash Flow (TTM)
4.92
Total Debt To Equity (MRQ)
294.84
LT Debt To Equity (MRQ)
294.84
Return on Investment (TTM)
2.48
Return on Equity (TTM)
2.00

Latest News

Latest News

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.

Meredith Corp to sell Time media brand to Marc and Lynne Benioff

Meredith Corp <MDP.N> said on Sunday it entered into a definitive agreement to sell the Time media brand to Marc and Lynne Benioff for $190 million in cash.

BRIEF-Meredith To Incur Costs Of About $300 Mln Related To Time Integration To Achieve Synergies

* MEREDITH SAYS IN Q3, COMMITTED TO REDUCE HEADCOUNT BY ABOUT 1,800 EMPLOYEES, PRIMARILY IN NATIONAL MEDIA & UNALLOCATED CORPORATE DEPTS - SEC FILING

BRIEF-Patrick Mccreery Elected President Of Meredith Local Media Group

* PATRICK MCCREERY ELECTED PRESIDENT OF MEREDITH LOCAL MEDIA GROUP

BRIEF-Meredith Corp Files Non-Timely 10-Q With U.S.

* MEREDITH CORP FILES NON-TIMELY 10-Q WITH U.S. SEC Source text: (https://bit.ly/2Ifjsna) Further company coverage:

BRIEF-Meredith Corp Reports Qtrly Loss Per Share Of $2.74

* MEREDITH REPORTS FISCAL 2018 THIRD QUARTER AND NINE MONTH RESULTS

BRIEF-Meredith Corp Board Of Directors Declares Quarterly Dividend

* MEREDITH CORPORATION BOARD OF DIRECTORS DECLARES QUARTERLY DIVIDEND

BRIEF-Meredith Corp To Purchase KPLR-TV For $65 Million

* MEREDITH ADDS TO LOCAL MEDIA GROUP WITH ACQUISITION OF KPLR-TV ST. LOUIS

BRIEF-Meredith Corp Says Resale Of Up To 2.5 Mln Shares Of Common Stock Of Co By Selling Stockholders

* MEREDITH CORP - RESALE OF UP TO 2.5 MLN SHARES OF COMMON STOCK OF CO BY SELLING STOCKHOLDERS - SEC FILING Source text: (https://bit.ly/2GZmMCy) Further company coverage:

BRIEF-‍Wright's Media says Partnership With Meredith Corp To Deliver Unrivaled Award, Editorial Licensing To Consumers​

* ANNOUNCED A PARTNERSHIP WITH MEREDITH CORPORATION TO DELIVER UNRIVALED AWARD AND EDITORIAL LICENSING TO CONSUMERS Source text for Eikon:

BRIEF-Meredith Announces New Sales, Marketing Structure

* MEREDITH NATIONAL MEDIA GROUP ANNOUNCES NEW SALES AND MARKETING STRUCTURE

BRIEF-Meredith ‍Expects Job Cuts To Result In Costs Of Up To About $145 Mln

* MEREDITH SAYS EXPECTS THAT HEADCOUNT REDUCTION WILL RESULT IN SEVERANCE COSTS & CASH EXPENDITURES OF UP TO ABOUT $145 MILLION - SEC FILING

BRIEF-Dana Neves Promoted To Vice President And GM Of Wfsb-TV In Hartford

* DANA NEVES PROMOTED TO VICE PRESIDENT AND GM OF WFSB-TV IN HARTFORD Source text for Eikon: Further company coverage:

Meredith to cut about 1,200 jobs, sell some Time publications

(This version of the March 21st story corrects company name in paragraph 7 to "Epiris" from "Epiris Fund II". The error had also occurred in an earlier version of the story)

BRIEF-American Media Says Has ‍No Interest In Acquiring Former Time Inc Brands For Sale By Meredith Corp

* AMERICAN MEDIA INC - NO LONGER HAS ANY INTEREST IN ACQUIRING ANY OF FORMER TIME INC BRANDS BEING MADE AVAILABLE FOR SALE BY MEREDITH CORPORATION Source text for Eikon: Further company coverage:

Meredith plans to cut about 1,200 jobs

U.S. media company Meredith Corp , which completed the acquisition of Time Inc in January, said on Wednesday it has cut around 200 jobs and plans to cut about 1,000 more positions over the next 10 months.

BRIEF-Meredith Says ‍About 1,000 More Positions Will Be Eliminated​

* MEREDITH CONTINUES AGGRESSIVE EXECUTION OF TIME INC. INTEGRATION PLAN

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up