The New York Times Company (NYT)
| Market Cap | 8.88B |
| Revenue (ttm) | 2.51B |
| Net Income (ttm) | 279.98M |
| Shares Out | 163.95M |
| EPS (ttm) | 1.69 |
| PE Ratio | 32.07 |
| Forward PE | 26.60 |
| Dividend | $0.52 (0.96%) |
| Ex-Dividend Date | Oct 9, 2024 |
| Volume | 2,047,978 |
| Open | 53.37 |
| Previous Close | 53.25 |
| Day's Range | 53.21 - 54.41 |
| 52-Week Range | 41.55 - 57.08 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 55.60 (+2.66%) |
| Earnings Date | Nov 4, 2024 |
About NYT
The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company’s mobile application, website, printed newspaper, and associated content, such as podcast. The company also offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audio, an audio product. In addition, it offers a portfolio of ad... [Read more]
Financial Performance
In 2023, New York Times's revenue was $2.40 billion, an increase of 5.26% compared to the previous year's $2.28 billion. Earnings were $232.39 million, an increase of 33.63%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for NYT stock is "Strong Buy." The 12-month stock price forecast is $55.6, which is an increase of 2.66% from the latest price.
News
Oops! OpenAI just deleted important legal data in a lawsuit from The New York Times
The New York Times and other newspapers are in a legal battle with OpenAI over using their content. Lawyers for the newspapers are searching OpenAI's training data as part of a discovering process.
New York Times Bestselling Authors Commemorate Children's Classic Brown Bear, Brown Bear, What Do You See? with New Picture Book Teaching the Colors of the Rainbow
DALLAS--(BUSINESS WIRE)-- #animals--New York Times bestselling duo Bill Martin Jr and Michael Sampson team up with Brown Books Kids to release a new, colorful picture book, Rainbow Bear, into their be...
NY Times tech workers union ends strike — without new contract
The Tech Guild, which represents some 600 software engineers and programmers at the Gray Lady, returned to work on Tuesday morning.
New York Times Tech Guild to return to work, negotiations will go on
The New York Times Tech Guild is ending a week-long strike that started one day before the U.S. presidential election and will return to work on Tuesday, it said in a post on X on Monday.
New York Times tech workers are ending their strike
New York Times tech workers are ending their strike after a weeklong stoppage. The strike aimed to disrupt election coverage but had limited impact on the Times' operations.
New York Times Launches Election 'Needle' Despite Labor Strike
The news organization had warned that its election-forecasting tool might not be operational; some staffers debate the merits of the labor action.
Dozens of New York Times tech workers cross the picket line on Election Day
Dozens of New York Times tech workers crossed the picket line amid a tech strike. The Tech Guild is striking over remote work, pay equity, and subcontracting limits.
Perplexity CEO offers AI company's services to replace striking NYT staff
The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate the effect of a strike by New York Times tech workers.
Perplexity CEO offers to replace striking NYT staff with AI
The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross a virtual picket line and provide services during a strike by New York Times tech workers.
New York Times tech workers are going on strike at the worst possible time
The New York Times' tech workers went on strike, risking disrupting the Times during the election. The Tech Guild is seeking remote work protections, pay equity, and limits on subcontracting.
New York Times Stock Drops. Pre-Election Strike Overshadows Solid Earnings.
Operating profit at the newspaper publisher rises 16% and subscribers grow to more than 11 million for the first time.
NY Times Sees Digital Subscriptions Slow as Consumers Cut Spending
The New York Times has reportedly seen digital subscriptions slow amid weakened consumer spending. The media company added 260,000 digital-only subscribers during its third quarter, down from 300,000 ...
The New York Times Company (NYT) Q3 2024 Earnings Call Transcript
The New York Times Company (NYSE:NYT) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Anthony DiClemente – SVP, IR Meredith Kopit Levien – President and CEO William ...
New York Times tech staff strike, threatening Election Day coverage
If the strikes persists through tomorrow, it will the first to coincide with a presidential election in 60 years, according to the union.
New York Times Tech Workers Strike Ahead of Election Day
Times staff worry the walkout could hinder election coverage. Union demands have included higher pay and more remote work flexibility.
New York Times adds fewer digital subscribers as spending tightens
New York Times posted fewer-than-expected digital subscribers for the third quarter as readers cut back on spending in an uncertain economy, offsetting strong growth in advertising sales.
The New York Times Company Reports Third-Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its third-quarter 2024 financial results are available on The New York Times Company's investor relations website...
New York Times Tech Workers Go on Strike
The Times Tech Guild represents more than 600 software developers and others who run the back-end systems behind The Times's digital operation.
Chinese hackers targeted phones used by Trump and Vance, New York Times reports
Chinese hackers who tapped into Verizon's system targeted phones used by Donald Trump and his running mate JD Vance, the New York Times reported on Friday, citing people familiar.
New York Times takes aim at another AI company
The New York Times has sent a cease and desist letter to Perplexity, a hot AI startup often touted as a promising competitor to Google search, over alleged copyright infringement.
The New York Times Company to Announce Third-Quarter Financial Results on November 4, 2024
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) today announced that it will issue its third-quarter 2024 financial results on Monday, November 4, at approximately 7:00 a.m. E.T. by ...
The New York Times Company Declares Regular Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--The New York Times Company's Board of Directors today declared a regular quarterly dividend of $.13 per share on the Company's Class A and Class B common stock. The dividend...
New York Times Tech Guild approves strike, CWA union says
The New York Times Tech Guild has authorized a strike with 95% in favor, the Communications Workers of America union said on Thursday.
The New York Times Company's President and Chief Executive Officer Meredith Kopit Levien to Participate in the Citi 2024 Global TMT Conference
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that it will participate in the Citi Global TMT Conference on Thursday, September 5, 2024, in New York City. Meredith ...
How a Leak by a New York Times Reporter Led to an Anti-Doxing Uproar in Australia
Early this year, the contents of a WhatsApp group for Jewish creative professionals and academics, set up in Australia after the Oct. 7 attacks in Israel, leaked and fell into the hands of pro-Palesti...