Meredith Corporation (MDP)
| Market Cap | 1.94B |
| Revenue (ttm) | 2.98B |
| Net Income (ttm) | 291.40M |
| Shares Out | 46.20M |
| EPS (ttm) | 6.27 |
| PE Ratio | 6.75 |
| Forward PE | 11.34 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 833,839 |
| Open | 42.34 |
| Previous Close | 42.39 |
| Day's Range | 41.74 - 42.96 |
| 52-Week Range | 10.75 - 47.00 |
| Beta | 2.38 |
| Analysts | Buy |
| Price Target | 44.50 (+5.2%) |
| Est. Earnings Date | Nov 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 ...
Financial Performance
Financial StatementsAnalyst 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.
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.
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...
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...
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...
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.
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...
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.
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.
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...
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.
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...
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...
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...
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 (...
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....
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...
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,...
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.
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...
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...
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...
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...
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...
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...
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...