Meredith Corporation (MDP)
Stock Price Chart
Key Info
| Market Cap | 715.79M |
| Revenue (ttm) | 3.02B |
| Net Income (ttm) | -331.50M |
| Shares Out | 40.30M |
| EPS (ttm) | -7.30 |
| PE Ratio | n/a |
| Forward PE | 2.69 |
| Dividend | $2.38 |
| Dividend Yield | 15.09% |
Stock Quote
| Trading Day | Aug 12, 2020 |
| Last Price | $15.77 |
| Previous Close | $16.68 |
| Change ($) | -0.91 |
| Change (%) | -5.46% |
| Day's Open | 16.94 |
| Day's Range | 15.68 - 17.29 |
| Day's Volume | 319,565 |
| 52-Week Range | 10.01 - 49.00 |
More Stats
| Market Cap | 715.79M |
| Enterprise Value | 3.46B |
| Earnings Date (est) | Aug 13, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 40.30M |
| Float | 35.69M |
| EPS (basic) | -7.28 |
| EPS (diluted) | -7.30 |
| FCF / Share | 4.65 |
| Dividend | $2.38 |
| Dividend Yield | 15.09% |
| Earnings Yield | n/a |
| FCF Yield | 29.67% |
| Payout Ratio | n/a |
| Shares Short | 9.95M |
| Short Ratio | 13.91 |
| Short % of Float | 40.41% |
| Beta | 1.68 |
| PE Ratio | n/a |
| Forward PE | 2.69 |
| P/FCF Ratio | 3.37 |
| PS Ratio | 0.24 |
| PB Ratio | 1.23 |
| Revenue | 3.02B |
| Operating Income | -90.70M |
| Net Income | -331.50M |
| Free Cash Flow | 212.40M |
| Net Cash | -2.75B |
| Net Cash / Share | -60.50 |
| Gross Margin | 67.06% |
| Operating Margin | -3.00% |
| Profit Margin | -10.90% |
| FCF Margin | 7.03% |
| ROA | 4.14% |
| ROE | -16.09% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,189 | 2,264 | 1,713 | 1,650 | 1,594 | 1,469 | 1,471 | 1,377 | 1,400 | 1,383 |
| Revenue Growth | 40.82% | 32.15% | 3.86% | 3.48% | 8.54% | -0.18% | 6.88% | -1.7% | 1.28% | - |
| Gross Profit | 2,027 | 1,396 | 1,105 | 1,038 | 995 | 902 | 910 | 829 | 846 | 811 |
| Operating Income | 287 | 86.90 | 308 | 131 | 242 | 187 | 211 | 186 | 225 | 185 |
| Net Income | -32.00 | 66.40 | 189 | 33.90 | 137 | 114 | 124 | 104 | 127 | 104 |
| Shares Outstanding | 45.30 | 44.90 | 44.60 | 44.60 | 44.52 | 44.64 | 44.46 | 44.83 | 45.50 | 45.29 |
| Earnings Per Share | -0.70 | 1.47 | 4.16 | 0.75 | 3.02 | 2.50 | 2.74 | 2.31 | 2.78 | 2.28 |
| EPS Growth | - | -64.66% | 454.67% | -75.17% | 20.8% | -8.76% | 18.61% | -16.91% | 21.93% | - |
| Dividend Per Share | 2.24 | 2.13 | 2.03 | 1.91 | 1.78 | 1.68 | 1.58 | 1.40 | 0.98 | 0.92 |
| Dividend Growth | 5.16% | 4.93% | 6.56% | 6.96% | 5.89% | 6.79% | 12.74% | 42.55% | 7.1% | - |
| Operating Cash Flow | 245 | 150 | 219 | 227 | 192 | 178 | 189 | 182 | 215 | 192 |
| Capital Expenditures | -46.40 | -53.20 | -34.80 | -25.00 | -33.25 | -24.82 | -25.97 | -35.72 | -29.91 | -24.72 |
| Free Cash Flow | 199 | 96.70 | 184 | 202 | 159 | 153 | 163 | 146 | 185 | 167 |
| Cash & Equivalents | 45.00 | 438 | 22.30 | 24.97 | 22.83 | 36.59 | 27.67 | 25.82 | 27.72 | 48.57 |
| Total Debt | 2,333 | 3,136 | 698 | 694 | 795 | 715 | 350 | 380 | 195 | 300 |
| Net Cash / Debt | -2,288 | -2,698 | -676 | -669 | -772 | -678 | -322 | -354 | -167 | -251 |
| Assets | 6,137 | 6,771 | 2,730 | 2,627 | 2,843 | 2,544 | 2,140 | 2,016 | 1,713 | 1,727 |
| Liabilities | 4,622 | 5,151 | 1,734 | 1,738 | 1,891 | 1,652 | 1,286 | 1,219 | 938 | 1,039 |
| Book Value | 975 | 1,098 | 996 | 889 | 952 | 892 | 854 | 797 | 775 | 688 |
Company Profile
Company Details
| Full Name | Meredith Corporation |
| Country | United States |
| Employees | 5,560 |
| CEO | Thomas H. Harty |
Stock Information
| Ticker Symbol | MDP |
| Stock Exchange | New York Stock Exchange |
| Sector | Communication Services |
| Industry | Publishing |
| Unique Identifier | NYSE: MDP |
Description
Meredith Corporation operates as a diversified media company in the United States, Europe, and Asia. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands through various 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. It publishes media in entertainment, food, lifestyle, parenting, and home categories, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and other brands, as well as 300 special interest publications under approximately 80 brands. This segment operates approximately 60 Websites and applications. It is also involved in the affinity marketing, third-party marketing, consumer database, and other related operations, as well as provision of magazine advertising and circulation, digital and customer relationship marketing, other custom publishing project, and ancillary products and services. In addition, this segment operates The Foundry, a creative content studio, which develops content marketing programs across various platforms comprising native advertising that enable clients to engage new consumers and build long-term relationships with existing customers for a range of industries. The Local Media segment operates approximately 17 television stations that include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. It also includes 12 Websites, 12 mobile-optimized Websites, and approximately 30 applications focused on news, sports, and weather-related information. In addition, this segment sells geographic and demographic-targeted digital and print advertising programs to third parties. The company was founded in 1902 and is headquartered in Des Moines, Iowa.