The New York Times Company (NYT)
Market Cap | 7.09B |
Revenue (ttm) | 2.43B |
Net Income (ttm) | 232.39M |
Shares Out | 163.67M |
EPS (ttm) | 1.40 |
PE Ratio | 30.93 |
Forward PE | 25.96 |
Dividend | $0.52 (1.20%) |
Ex-Dividend Date | Apr 1, 2024 |
Volume | 864,666 |
Open | 43.06 |
Previous Close | 43.22 |
Day's Range | 42.98 - 43.47 |
52-Week Range | 35.06 - 49.87 |
Beta | 1.01 |
Analysts | Buy |
Price Target | 44.60 (+3.0%) |
Earnings Date | May 8, 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, NYT's revenue was $2.43 billion, an increase of 5.10% compared to the previous year's $2.31 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 "Buy." The 12-month stock price forecast is $44.6, which is an increase of 3.00% from the latest price.
News
The New York Times Company to Announce First-Quarter Financial Results on May 8, 2024
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) today announced that it will issue its first-quarter 2024 financial results on Wednesday, May 8, at approximately 7:00 a.m. E.T. by po...
Left-leaning site The Intercept is reportedly running out of cash amid New York Times flap
The left-leaning news site that was launched a decade ago by eBay billionaire founder Pierre Omidyar is bleeding cash -- losing $300,000 per month.
New York Times Ends Investigation Into Leak Over Gaza Coverage
Times Executive Editor Joe Kahn said the probe found “gaps in the way proprietary journalistic material is handled.”
The New York Times is fighting off Wordle look-alikes with copyright takedown notices
The New York Times is fighting off Wordle "clones"—arguing that numerous games inspired by the mega-popular word-guessing game infringe on its copyright protections.
New York Times under fire again — this time over bestseller list after Elon Musk tweet: ‘Pure propaganda'
The New York Times is facing fresh controversy over its influential bestseller book list after Elon Musk posted on X about a years-old lawsuit that accused the paper of tweaking its rankings according...
New York Times: Nuclear Risks Have Not Gone Away
For most Americans, nuclear weapons are a relic of the Cold War, out of sight and out of mind. But a surge of attention over the past year may put these world-ending weapons on the public agenda again...
Microsoft asks to dismiss New York Times' ‘doomsday' copyright lawsuit
The tech giant said the lawsuit was near-sighted and akin to Hollywood's losing backlash against the VCR.
Microsoft compares New York Times' claims against OpenAI to Hollywood's early fight against VCR
Microsoft asked a judge to dismiss parts of The New York Times' lawsuit against OpenAI, accusing the media company of "unsubstantiated" claims.
Microsoft Seeks to Dismiss Parts of Suit Filed by The New York Times
The tech giant and its partner OpenAI were accused of infringing on copyrights to train A.I. technologies like the online chatbot ChatGPT.
The Pride of Hunan Cuisine Season 3 Debuts at New York Times Square, Interpreting the "Hunan Flavor" Culinary Culture Amidst Vibrant Atmosphere
CHANGSHA, China--(BUSINESS WIRE)--On the evening of February 3rd, U.S. time, the segment from the third season of China's first cultural documentary on Hunan's culinary and humanities, "The Pride of H...
OpenAI Moves to Dismiss New York Times Suit, Alleging 'Hack'
OpenAI said that certain allegations against it were more than three years old and the company didn't have actual knowledge of the specific acts of alleged infringements.
OpenAI Claims New York Times Hired Someone To ‘Hack' ChatGPT For Copyright Lawsuit
OpenAI accused the New York Times on Monday of paying someone to “hack” ChatGPT to show the tool can reproduce large portions of the newspaper's articles on request, pushing back on the Times' copyrig...
OpenAI claims New York Times ‘hacked' ChatGPT to build copyright lawsuit
In a filing Monday, OpenAI claims a ‘hired gun' took ‘tens of thousands of attempts to generate the highly anomalous results'
OpenAI alleges New York Times 'hacked' ChatGPT for lawsuit evidence
OpenAI asked a judge to dismiss parts of The New York Times' lawsuit against it, alleging that the media company "paid someone to hack OpenAI's products."
OpenAI Seeks to DismissParts of The New York Times's Lawsuit
The artificial intelligence start-up argued that its online chatbot, ChatGPT, is not a substitute for a New York Times subscription.
OpenAI says New York Times 'hacked' ChatGPT to build copyright lawsuit
OpenAI has asked a federal judge to dismiss parts of the New York Times copyright lawsuit against it, arguing that the newspaper "hacked" its chatbot ChatGPT and other artificial-intelligence systems ...
The New York Times Company's President and Chief Executive Officer Meredith Kopit Levien to Participate in the Morgan Stanley Technology, Media & Telecom Conference
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that it will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 4, 2024, in San...
The New York Times Company Announces Nominations for Board of Directors
NEW YORK--(BUSINESS WIRE)--The New York Times Company announced today that its Board of Directors has nominated Margot Golden Tishler to stand for election as a director at its 2024 annual meeting of ...
New York Times' stock slides 3% after revenue falls short of estimates
New York Times Co.'s stock NYT, +1.80% fell 3% early Wednesday, after the newspaper group beat profit estimates for the fourth quarter but revenue fell slightly short. The company had net income of $1...
New York Times misses revenue expectations as advertising spends weaken
New York Times missed expectations for quarterly revenue on Wednesday, hurt by a slowdown in advertising sales and fewer customers signing up for its bundles.
The New York Times Company Reports Fourth-Quarter and Full-Year 2023 Results
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its fourth-quarter and full-year 2023 financial results are available on The New York Times Company's investor re...
Up 47% Since Beginning Of 2023, How Will NY Times' Stock Trend After Q4 Earnings?
New York Times' stock (NYSE: NYT), a diversified media company that includes newspapers, internet businesses, television, and radio stations, is scheduled to report its Q4 2023 results on Wednesday, F...
Microsoft announces AI newsroom projects with Semafor and others, as NYT lawsuit looms
Microsoft announced five projects to help news organizations incorporate generative artificial intelligence into their operations, building on its existing efforts to use technology to support the rol...
Could a court really order the destruction of ChatGPT? The New York Times thinks so, and it may be right
On Dec. 27, 2023, The New York Times filed a lawsuit against OpenAI alleging that the company committed willful copyright infringement through its generative AI tool ChatGPT. The Times claimed both th...
Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
OpenAI's chief executive is reportedly unconcerned about a lawsuit by The New York Times against his company. The newspaper sued OpenAI and partner Microsoft late last year, accusing the companies of ...