Skip to main content

Meredith Corporation (MDP)

NYSE: MDP · IEX Real-Time Price · USD
42.30 -0.09 (-0.21%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap1.94B
Revenue (ttm)2.98B
Net Income (ttm)291.40M
Shares Out46.20M
EPS (ttm)6.27
PE Ratio6.75
Forward PE11.34
Dividendn/a
Ex-Dividend Daten/a
Volume833,839
Open42.34
Previous Close42.39
Day's Range41.74 - 42.96
52-Week Range10.75 - 47.00
Beta2.38
AnalystsBuy
Price Target44.50 (+5.2%)
Est. Earnings DateNov 4, 2021

About MDP

Meredith Corporation operates as a diversified media company primarily in the United States. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands delivered across print magazines, digital media, brand licensing activities, performance marketing, database-related activities, affinity marketing, business-to-business marketing products and services, and other related operations. Its focus is on the entertainment, food, lifestyle, parenting, and home categories, which include ...

IndustryMedia
Founded1902
CEOThomas Harty
Employees5,050
Stock ExchangeNYSE
Ticker SymbolMDP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MDP stock is "Buy." The 12-month stock price forecast is 44.50, which is an increase of 5.20% from the latest price.

Price Target
$44.50
(5.20% upside)
Analyst Consensus: Buy

News

Better Homes & Gardens Reveals Life in Color Beauty Awards 2021 Winners

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP: Meredith.com) Better Homes & Gardens today announced the 51 winners of the Life in Color Beauty Awards 2021.

4 days ago - PRNewsWire

FOOD & WINE Classic in Aspen Returns This Weekend for 38th Annual Event With All-Star Talent Including Martha Stewart...

NEW YORK and ASPEN, Colo., Sept. 10, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) FOOD & WINE returns to Aspen, Colorado this weekend for the 38th annual FOOD & WINE Classic in Aspen  for thr...

1 week ago - PRNewsWire

SHAPE Announces Winners of 2021 Beauty Awards

NEW YORK, Sept. 9, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) SHAPE announced the 83 top new beauty products in the 2021 SHAPE Beauty Awards, spanning categories of makeup, hair, body, face...

1 week ago - PRNewsWire

FOOD & WINE Announces The 2021 Best New Chefs In America

NEW YORK and ASPEN, Colo., Sept. 9, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) FOOD & WINE unveils its 33rd class of Best New Chefs, spotlighting the 11 most promising up-and-coming chefs w...

1 week ago - PRNewsWire

Walmart Partners With Meredith for AI-Informed Contextual Grocery Commerce

Walmart, the world's largest grocer, continues to be an industry leader in contextual commerce. The retailer announced on Wednesday (Sept.

Other symbols:WMT
1 week ago - PYMNTS

Charleston Is Top-Ranked U.S. City And San Miguel de Allende Named Best City Overall In 26th Annual Travel + Leisure ...

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) Travel + Leisure announces the results of the World's Best Awards 2021 readers' survey, revealing the top travel destinations a...

1 week ago - PRNewsWire

Singer Meredith Bull's New Song Is About 'Wake Up And Choose Violence'

Music artist and TikTok star Meredith Bull can create songs out of quite literally anything. She joined 'None of the Above with J.D.

2 weeks ago - Cheddar

Top 2nd-Quarter Buys of Chuck Royce's Firm

Royce Investment Partners recently released its 13F portfolio updates for the second quarter of 2021, which ended on June 30.

Other symbols:FORMKLICUPLDKW
2 weeks ago - GuruFocus

7 Overvalued Stocks to Sell to Invest Like Michael Burry

When Michael Burry speaks about overvalued stocks, you should pay attention even if you don't agree with his thesis. The post 7 Overvalued Stocks to Sell to Invest Like Michael Burry appeared first on I...

Other symbols:ALLDISCADNOWGEOGNKOXY
2 weeks ago - InvestorPlace

Southern Living Reveals October Issue Cover Story Featuring Its 2021 Idea House

NEW YORK and BIRMINGHAM, Ala., Sept. 1, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) Southern Living today unveils its highly-anticipated annual Idea House across print, digital, video and more.

2 weeks ago - PRNewsWire

Accelerate360's CoMag Marketing Group And Meredith Announce Partnership To Offer Expanded Media Services

ATLANTA, Aug. 31, 2021 /PRNewswire/ -- Accelerate360's CoMag Marketing Group LLC (Comag) and Meredith Corporation (NYSE: MDP) today announced a partnership allowing Comag customers to strengthen their c...

2 weeks ago - PRNewsWire

EatingWell Announces Padma Lakshmi as Guest Editor of Its October 2021 Issue

NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) EatingWell today revealed the cover of its October 2021 issue, which features Guest Editor Padma Lakshmi on the cover. The issu...

3 weeks ago - PRNewsWire

REAL SIMPLE Introduces EPA Safer Choice Certified Cleaning Product Line, Now Available At The Container Store

NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) REAL SIMPLE  and The Clorox Company have joined forces to create the REAL SIMPLE Cleaning Collection, a new line of EPA Safer C...

3 weeks ago - PRNewsWire

Major Broadcasters Launch NEXTGEN TV on Eight Local Television Stations in Kansas City, MO

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City's leading television stations today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Today's launch includes KMBC-TV (...

Other symbols:NXSTSSP
3 weeks ago - Business Wire

REAL SIMPLE Reveals Winners of the 2021 Smart Money Awards

NEW YORK, Aug. 19, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) REAL SIMPLE unveiled its third annual Smart Money Awards to help women make the most out of their money, investments, and time....

4 weeks ago - PRNewsWire

Health Unveils Winners of the 2021 Sleep Awards

NEW YORK, Aug. 18, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) Health released the second annual edition of its Sleep Awards honoring the 43 top products for your best rest, spanning categor...

1 month ago - PRNewsWire

Meredith Q4 Result Tops Estimates

Meredith Corp (NYSE: MDP) reported fourth-quarter FY21 sales growth of 17.5% year-on-year, to $717.9 million, beating the analyst consensus of $690.22 million. Digital advertising revenues grew 80% Y/Y,...

1 month ago - Benzinga

Recap: Meredith Q4 Earnings

Shares of Meredith (NYSE:MDP) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share were up 892.86% year over year to $1.11, which beat the estimate of $0.48.

1 month ago - Benzinga

Meredith Reports Fiscal 2021 Fourth Quarter And Full Year Results

DES MOINES, Iowa, Aug. 12, 2021 /PRNewswire/ --  Meredith Corporation (NYSE: MDP) today reported fiscal 2021 fourth quarter and full year results as summarized below. All financial results refer to fisc...

1 month ago - PRNewsWire

Nielsen and Meredith Corporation Renew Multi-year Agreement for Local TV Audience Measurement

NEW YORK, Aug. 10, 2021 /PRNewswire/ -- Nielsen (NYSE: NLSN) and Meredith Corporation (NYSE: MDP), announced today that they have reached a multi-year renewal agreement for Nielsen Local TV ratings. The...

Other symbols:NLSN
1 month ago - PRNewsWire

PARENTS Reveals Winners Of Food Awards 2021

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) PARENTS released the first part of two parts of its Food Awards, a selection of the 25 most tasty and healthy products. The list...

1 month ago - PRNewsWire

PARENTS Reveals Winners of Beauty Awards 2021

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) PARENTS released this year's Beauty Awards, a selection of new makeup, hair, and skin launches that are effective, efficient, an...

1 month ago - PRNewsWire

Meredith To Report Fiscal 2021 Fourth Quarter And Full Year Results

DES MOINES, Iowa, Aug. 2, 2021 /PRNewswire/ -- Meredith Corporation (NYSE: MDP) announced today it will report fiscal 2021 fourth quarter and full year results on Thursday, August 12, 2021. Meredith wil...

1 month ago - PRNewsWire

PARENTS Releases Findings of Back-to-School Survey 2021, Revealing That Parents' Top Concerns for Their Children Are ...

NEW YORK, Aug. 2, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) PARENTS, the leading source for busy, millennial moms, today announced the results of this year's Back-to-School Survey, reveali...

1 month ago - PRNewsWire

Southern Living Announces Debut of "Illumination Charleston" Weekend This December

NEW YORK and BIRMINGHAM, Ala., July 28, 2021 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP) Southern Living announces that the first-ever Illumination Charleston weekend, created in collaboration wi...

1 month ago - PRNewsWire