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MDP - Meredith Share Price

$14.46 -1.6  -9.9%

Last Trade - 14/08/20

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £557.3m
Enterprise Value £2.69bn
Revenue £2.33bn
Position in Universe 2617th / 6381
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +11.1%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -64.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
1,469 1,594 1,650 1,713 2,264 3,189 2,884 2,880 +16.8%
+5.6 +8.0 -20.8 +71.2 -63.1 +109.5 +26.1 +7.83
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the nine months ended 31 March 2020, Meredith Corporation revenues decreased 7% to $2.24B. Net loss applicable to common stockholders excluding extraordinary items totaled $274.6M vs. income of $73.9M. Revenues reflect National media segment decrease of 37% to $1.1B, Local media segment decrease of 38% to $409.2M. Net loss reflects National media segment loss totaling $174.5M vs. income of $119.6M.
Health Trend(F-Score)
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Meredith Corporation is a diversified media company. The Company is focused primarily on the home and family marketplace. It operates through two segments: Local Media and National Media. Its Local Media segment includes 17 owned television stations, one managed television station and related digital and mobile media operations. Its National Media segment includes magazine publishing, custom content and customer relationship marketing, digital and mobile media, brand licensing, database-related activities, and other related operations. Its National Media segment focuses on the food, home, parenthood, and health markets and is a publisher of magazines serving women. Its owned television stations consist of seven CBS affiliates, five FOX affiliates, two MyNetworkTV affiliates, one NBC affiliate, one ABC affiliate and two independent station. It also offers personalized emotional wellness platform that helps kids and adults build the emotional strength and confidence to handle stress.

Directors
Last Annual June 30th, 2019
Last Interim March 31st, 2020
Incorporated August 9, 1905
Public Since May 22, 1981
No. of Shareholders: n/a
No. of Employees: 5,560
Sector Consumer Cyclicals
Industry Media & Publishing
Index S&P 600 Small Cap , S&P Composite 1500 ,
Exchange New York Stock Exchange
Shares in Issue 45,389,307
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MDP Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for MDP
Upcoming Events for MDP
Thursday 3rd September, 2020 Estimate
Q4 2020 Meredith Corp Earnings Release
Thursday 5th November, 2020 Estimate
Q1 2021 Meredith Corp Earnings Release
Thursday 12th November, 2020 Estimate
Meredith Corp Annual Shareholders Meeting
Thursday 4th February, 2021 Estimate
Q2 2021 Meredith Corp Earnings Release
Frequently Asked Questions for Meredith
What is the Meredith share price?

As of 14/08/20, shares in Meredith are trading at $14.46, giving the company a market capitalisation of £557.3m. This share price information is delayed by 15 minutes.

How has the Meredith share price performed this year?

Shares in Meredith are currently trading at $14.46 and the price has moved by -64.52% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Meredith price has moved by -70.11% over the past year.

What are the analyst and broker recommendations for Meredith?

Of the analysts with advisory recommendations for Meredith, there are there are currently 1 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Meredith is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Meredith next release its financial results?

Meredith is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Meredith dividend yield?

The Meredith dividend yield is 14.46% based on the trailing twelve month period.

Does Meredith pay a dividend?

Last year, Meredith paid a total dividend of 2.32, and it currently has a trailing dividend yield of 14.46%. Looking ahead, Meredith has not announced an ex-dividend date yet.

When does Meredith next pay dividends?

Meredith has yet to annouce their ex-dividend date. The historic dividend yield on Meredith shares is currently 14.46%.

How do I buy Meredith shares?

To buy shares in Meredith you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Meredith?

Shares in Meredith are currently trading at $14.46, giving the company a market capitalisation of £557.3m.

Where are Meredith shares listed? Where are Meredith shares listed?

Here are the trading details for Meredith:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: MDP
What kind of share is Meredith?

Based on an overall assessment of its quality, value and momentum, Meredith is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Meredith share price forecast 2020?

Shares in Meredith are currently priced at $14.46. At that level they are trading at 13.78% discount to the analyst consensus target price of 0.00.

Analysts covering Meredith currently have a consensus Earnings Per Share (EPS) forecast of 4.316 for the next financial year.

How can I tell whether the Meredith share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Meredith. Over the past six months, the relative strength of its shares against the market has been -50.73%. At the current price of $14.46, shares in Meredith are trading at -30% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Meredith PE Ratio?

The Meredith PE ratio based on its reported earnings over the past 12 months is 16.83. The shares are currently trading at $14.46.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Meredith?

Meredith's management team is headed by:

Stephen Lacy - NEC
John Zieser - GCN
D. Mell Frazier - VCH
Thomas Harty - PRE
Donald Berg - IND
Donald Baer - IND
Beth Kaplan - IND
Patrick McCreery - CEX
Catherine Levene - CEX
Farah Zaman - OTH
Daphne Kwon - OTH
Jason Frierott - CFO
Greg Coleman - DRC
Who are the major shareholders of Meredith?

Here are the top five shareholders of Meredith based on the size of their shareholding:

BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 12.16% (4.90m shares)
Select Equity Group, L.P. Investment Advisor/Hedge Fund
Percentage owned: 10.32% (4.16m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 10.01% (4.04m shares)
Ariel Investments, LLC Investment Advisor
Percentage owned: 6.97% (2.81m shares)
Ariel Fund Mutual Fund
Percentage owned: 6.57% (2.65m shares)
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