Meredith (MDP) Stock Price, News & Analysis

Company Overview

Meredith Corp. engages in television broadcasting and magazine advertising business. It operates through the Local Media and National Media business segments. The Local Media segment includes television stations and offers websites, mobile-optimized websites, and mobile applications. The National Media segment consists of national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media, brand licensing activities, database-related activities, and business-to-business marketing products and services. The company was founded by Edwin Thomas Meredith in 1902 and is headquartered in Des Moines, IA.

Key Stats

• Today's Range: N/A
• 50-Day Range: $58.04 to $59.07
• 52-Week Range: N/A
• Volume: 3.36 million shs
• Average Volume: 552,848 shs
• Market Capitalization: $2.70 billion
• P/E Ratio: 10.01
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Meredith Stock Analysis - MarketRank™

Meredith scored higher than 16% of companies evaluated by MarketBeat, and ranked 132nd out of 141 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Meredith.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Meredith is 10.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Meredith is 10.01, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.55.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MDP.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Meredith does not currently pay a dividend.

Dividend Growth

Meredith does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.73

Short Interest

There is no current short interest data available for MDP.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Meredith this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Meredith insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.79% of the stock of Meredith is held by insiders.

Percentage Held by Institutions

78.23% of the stock of Meredith is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MDP Stock Analysis - Frequently Asked Questions

How were Meredith's earnings last quarter?

Meredith Co. (NYSE:MDP) released its quarterly earnings data on Thursday, October, 28th. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.18. The business's revenue for the quarter was up 2.2% on a year-over-year basis.

What other stocks do shareholders of Meredith own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Meredith investors own include AT&T (T), Pfizer (PFE), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), Energy Transfer (ET) and Cisco Systems (CSCO).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 11/13/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Periodicals
• Sub-Industry: Publishing
• Current Symbol: NYSE:MDP
• CUSIP: 58943310
• CIK: 65011
• Web: www.meredith.com
• Phone: (515) 284-3000
• Fax: 515-284-2700
• Employees: 5,330
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $5.90
• Trailing P/E Ratio: 10.01
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $306.60 million
• Net Margins: 9.66%
• Pretax Margin: 13.12%
• Return on Equity: 41.72%
• Return on Assets: 4.92%

Debt

• Debt-to-Equity Ratio: 4.03
• Current Ratio: 1.39
• Quick Ratio: 1.36

Sales & Book Value

• Annual Sales: $2.98 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 5.68
• Book Value: $14.27 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 45,781,000
• Free Float: 41,299,000
• Market Cap: $2.70 billion
• Optionable: Optionable
• Beta: 2.07