Logo image of MDP

MEREDITH CORP (MDP) Stock Price, Forecast & Analysis

USA - New York Stock Exchange - NYSE:MDP - Common Stock

59.07
+0.07 (+0.12%)
Last: 12/1/2021, 8:48:41 PM
59.15
+0.08 (+0.14%)
After Hours: 12/1/2021, 8:48:41 PM

MDP Key Statistics, Chart & Performance

Key Statistics
Market Cap2.79B
Revenue(TTM)2.99B
Net Income(TTM)289.10M
Shares47.20M
Float39.79M
52 Week High59.16
52 Week Low18
Yearly Dividend0.6
Dividend Yield1.01%
EPS(TTM)5.63
PE10.49
Fwd PE9.1
Earnings (Next)03-01 2022-03-01/bmo
IPO1981-05-22
Sector
GICS IndustryMedia
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryPublishing


MDP short term performance overview.The bars show the price performance of MDP in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40

MDP long term performance overview.The bars show the price performance of MDP in the last 1, 2 and 3 years. 1 year 2 years 3 years 50 100 150

The current stock price of MDP is 59.07 null. In the past month the price increased by 1.34%. In the past year, price increased by 188.85%.

MEREDITH CORP / MDP Daily stock chart

MDP Competitors/Peers

The largest stocks on the US markets in the "Publishing" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
NWS NEWS CORP - CLASS B 32.65 16.68B
NWSA NEWS CORP - CLASS A 28.66 14.64B
NYT NEW YORK TIMES CO-A 29.09 11.24B
WLYB WILEY (JOHN) & SONS-CL B 8.25 1.67B
WLY WILEY (JOHN) & SONS-CLASS A 7.87 1.59B
TDAY USA TODAY CO INC 24.74 764.34M
SCHL SCHOLASTIC CORP 34.37 751.69M
LEE LEE ENTERPRISES N/A 28.73M

About MDP

Company Profile

MDP logo image Meredith Corp. engages in television broadcasting and magazine advertising business. The company is headquartered in Des Moines, Iowa and currently employs 5,050 full-time employees. The firm operates two business segments: national media and local media. Its national media segment includes national consumer media brands delivered through multiple 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. Its local media segment consists of approximately 17 television stations located across the United States. Local media’s digital presence includes approximately 12 websites and 12 application focused on news, sports, and weather-related information. In addition, the local media segment sells geographically and demographically advertising programs to third parties.

Company Info

MEREDITH CORP

1716 Locust St

Des Moines IOWA 50309 US

CEO: Thomas H. Harty

Employees: 5050

MDP Company Website

Phone: 15152843000.0

MEREDITH CORP / MDP FAQ

What does MEREDITH CORP do?

Meredith Corp. engages in television broadcasting and magazine advertising business. The company is headquartered in Des Moines, Iowa and currently employs 5,050 full-time employees. The firm operates two business segments: national media and local media. Its national media segment includes national consumer media brands delivered through multiple 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. Its local media segment consists of approximately 17 television stations located across the United States. Local media’s digital presence includes approximately 12 websites and 12 application focused on news, sports, and weather-related information. In addition, the local media segment sells geographically and demographically advertising programs to third parties.


What is the stock price of MEREDITH CORP today?

The current stock price of MDP is 59.07 null. The price increased by 0.12% in the last trading session.


What is the dividend status of MEREDITH CORP?

MEREDITH CORP (MDP) has a dividend yield of 1.01%. The yearly dividend amount is currently 0.6.


How is the ChartMill rating for MEREDITH CORP?

MDP has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 6 out of 10.


How is the market expecting MDP stock to perform?

13 analysts have analysed MDP and the average price target is 56.1 null. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 59.07.


What is the market capitalization of MDP stock?

MEREDITH CORP (MDP) has a market capitalization of 2.79B null. This makes MDP a Mid Cap stock.


When does MEREDITH CORP (MDP) report earnings?

MEREDITH CORP (MDP) will report earnings on 2022-03-01, before the market open.


MDP Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MDP. When comparing the yearly performance of all stocks, MDP is one of the better performing stocks in the market, outperforming 98.45% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MDP Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to MDP. While MDP has a great profitability rating, there are some minor concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MDP Financial Highlights

Over the last trailing twelve months MDP reported a non-GAAP Earnings per Share(EPS) of 5.63. The EPS increased by 63.19% compared to the year before.


Industry RankSector Rank
PM (TTM) 9.66%
ROA 5.25%
ROE 42.48%
Debt/Equity 4.03
Chartmill High Growth Momentum
EPS Q2Q%-17.31%
Sales Q2Q%2.18%
EPS 1Y (TTM)63.19%
Revenue 1Y (TTM)6.23%

MDP Forecast & Estimates

13 analysts have analysed MDP and the average price target is 56.1 null. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 59.07.

For the next year, analysts expect an EPS growth of -20.29% and a revenue growth 0.12% for MDP


Analysts
Analysts50.77
Price Target56.1 (-5.03%)
EPS Next Y-20.29%
Revenue Next Year0.12%

MDP Ownership

Ownership
Inst Owners0%
Ins Owners1.09%
Short Float %N/A
Short RatioN/A