Bulletin
Investor Alert

New York Markets Close in:

Meredith Corp.

NYS: MDP

GO
/marketstate/country/us

Countdown to close

 --Real time quotes

Oct 27, 2021, 3:48 p.m.

MDP
/zigman2/quotes/201770619/composite

$

58.28

Change

-0.12 -0.20%

Volume

Volume 718,060

Real time quotes

/zigman2/quotes/201770619/composite

Previous close

$ 58.39

$ 58.28

Change

-0.12 -0.20%

Day low

Day high

$58.15

$58.44

Open

52 week low

52 week high

$10.75

$58.83

Open

Company Description

Meredith Corp. engages in television broadcasting and magazine advertising business. It operates through the Local Media and National Media business segments. The Local Media segment includes television stations and offers websites, mobile-optimized websites, and mobile applications. The National Me...

Meredith Corp. engages in television broadcasting and magazine advertising business. It operates through the Local Media and National Media business segments. The Local Media segment includes television stations and offers websites, mobile-optimized websites, and mobile applications. The National Media segment consists of national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media, brand licensing activities, database-related activities, and business-to-business marketing products and services. The company was founded by Edwin Thomas Meredith in 1902 and is headquartered in Des Moines, IA.

Valuation

P/E Current

9.32

P/E Ratio (with extraordinary items)

9.41

P/E Ratio (without extraordinary items)

6.93

Price to Sales Ratio

0.68

Price to Book Ratio

3.04

Price to Cash Flow Ratio

4.65

Enterprise Value to EBITDA

7.81

Enterprise Value to Sales

1.90

Total Debt to Enterprise Value

0.64

Efficiency

Revenue/Employee

581,074.00

Income Per Employee

56,914.00

Receivables Turnover

6.18

Total Asset Turnover

0.53

Liquidity

Current Ratio

1.03

Quick Ratio

1.00

Cash Ratio

0.28

Profitability

Gross Margin

60.09

Operating Margin

17.11

Pretax Margin

13.23

Net Margin

9.79

Return on Assets

5.17

Return on Equity

56.02

Return on Total Capital

13.15

Return on Invested Capital

7.60

Capital Structure

Total Debt to Total Equity

492.92

Total Debt to Total Capital

83.13

Total Debt to Total Assets

55.81

Long-Term Debt to Equity

486.74

Long-Term Debt to Total Capital

82.09

Officers and Executives

Name Age Officer Since Title
Mr. Thomas H. Harty 57 2004 Chairman, President & Chief Executive Officer
Mr. Jason M. Frierott 45 2020 Chief Financial Officer & Vice President
Ms. Daphne Kwon - 2019 Chief Strategy Officer
Mr. Corbin deRubertis - 2019 Senior Vice President-Innovation
Mr. Charlie Henrich - 2020 Vice President & General Manager

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
08/21/2021 Thomas H. Harty
Chairman and CEO; Director
8,119   Derivative/Non-derivative trans. at $42.7 per share. 346,681
08/21/2021 Steven M. Cappaert
Corporate Controller
607   Derivative/Non-derivative trans. at $42.7 per share. 25,918
08/21/2021 Patrick McCreery
President-Local Media Group
1,052   Derivative/Non-derivative trans. at $42.7 per share. 44,920
08/21/2021 John Stanley Zieser
Chief Development Officer
2,971   Derivative/Non-derivative trans. at $42.7 per share. 126,861
08/21/2021 Thomas H. Harty
Chairman and CEO; Director
16,750   Derivative/Non-derivative trans. at $0 per share. 0
08/21/2021 Steven M. Cappaert
Corporate Controller
2,000   Derivative/Non-derivative trans. at $0 per share. 0
08/21/2021 Patrick McCreery
President-Local Media Group
2,500   Derivative/Non-derivative trans. at $0 per share. 0
08/21/2021 John Stanley Zieser
Chief Development Officer
6,550   Derivative/Non-derivative trans. at $0 per share. 0
07/14/2021 Elizabeth E. Tallett
Director
6,946   Derivative/Non-derivative trans. at $41.46 per share. 287,981
07/14/2021 Elizabeth E. Tallett
Director
10,845   Derivative/Non-derivative trans. at $26.55 per share. 287,934
01/30/2021 Thomas H. Harty
Chairman and CEO; Director
1,244   Derivative/Non-derivative trans. at $21.93 per share. 27,280
01/30/2021 Thomas H. Harty
Chairman and CEO; Director
3,449   Derivative/Non-derivative trans. at $0 per share. 0
11/11/2020 Donald C. Berg
Director
4,246   Award at $0 per share. 0
11/11/2020 Gregory Gerard Coleman
Director
4,246   Award at $0 per share. 0
11/11/2020 Elizabeth E. Tallett
Director
4,246   Award at $0 per share. 0
11/11/2020 D. Mell Meredith Frazier
Director
4,246   Award at $0 per share. 0
11/11/2020 Donald A. Baer
Director
4,246   Award at $0 per share. 0
11/11/2020 Beth J. Kaplan
Director
4,246   Award at $0 per share. 0
11/11/2020 Paula A. Kerger
Director
4,246   Award at $0 per share. 0
11/11/2020 Christopher Roberts
Director
4,246   Award at $0 per share. 0
08/11/2020 Gregory Gerard Coleman
Director
4,086   Award at $0 per share. 0
08/08/2020 Thomas H. Harty
Chairman and CEO; Director
3,816   Derivative/Non-derivative trans. at $15.5 per share. 59,148
08/08/2020 Steven M. Cappaert
Corporate Controller
405   Derivative/Non-derivative trans. at $15.5 per share. 6,277
08/08/2020 Patrick McCreery
President-Local Media Group
244   Derivative/Non-derivative trans. at $15.5 per share. 3,782
08/08/2020 John Stanley Zieser
Chief Development Officer
1,988   Derivative/Non-derivative trans. at $15.5 per share. 30,814
08/08/2020 Thomas H. Harty
Chairman and CEO; Director
12,000   Derivative/Non-derivative trans. at $0 per share. 0
08/08/2020 Steven M. Cappaert
Corporate Controller
1,350   Derivative/Non-derivative trans. at $0 per share. 0
08/08/2020 Patrick McCreery
President-Local Media Group
900   Derivative/Non-derivative trans. at $0 per share. 0
08/08/2020 John Stanley Zieser
Chief Development Officer
6,550   Derivative/Non-derivative trans. at $0 per share. 0
03/16/2020 Donald C. Berg
Director
2,500   Acquisition at $20.35 per share. 50,875
03/12/2020 Donald C. Berg
Director
1,681   Acquisition at $20.5 per share. 34,460
03/10/2020 Steven M. Cappaert
Corporate Controller
1,300   Acquisition at $23.4 per share. 30,420
03/09/2020 Donald C. Berg
Director
819   Acquisition at $21.5 per share. 17,608
/news/latest/company/us/mdp

MarketWatch News on MDP

  1. S&P 500 chart is showing a pattern of lower highs and lower lows

    9:12 a.m. Oct. 7, 2021

    - Lawrence G. McMillan

  2. IAC agrees to pay $2.7 billion for Meredith media assets

    8:07 a.m. Oct. 7, 2021

    - Emily Bary

  3. IAC to Buy People Magazine Publisher for $2.7 Billion

    7:24 p.m. Oct. 6, 2021

    - Barron's Online

  4. Struggling stock market is in a make-or-break situation

    11:21 a.m. Sept. 30, 2021

    - Lawrence G. McMillan

  5. Meredith stock price target raised to $58 from $43 at Benchmark

    6:22 a.m. Aug. 13, 2021

    - Tomi Kilgore

  6. Meredith Q4 FactSet EPS consensus 48 cents

    7:04 a.m. Aug. 12, 2021

    - Tomi Kilgore

  7. Meredith Q4 revenue $717.9 mln vs. $611.2 mln a year ago; FactSet consensus $690.2 mln

    7:04 a.m. Aug. 12, 2021

    - Tomi Kilgore

  8. Meredith Q4 EPS 74 cents vs. per-share loss $3.84 a year ago

    7:03 a.m. Aug. 12, 2021

    - Tomi Kilgore

  9. Meredith to spin off National Media Group to shareholders as part of Gray Television buyout deal

    9:03 a.m. May 3, 2021

    - Tomi Kilgore

  10. Gray Television to buy Meredith Corp.'s Local Media Group in a deal valued at $2.7 bln

    9:02 a.m. May 3, 2021

    - Tomi Kilgore

  11. Meredith upgraded to buy from hold at Benchmark

    7:18 a.m. March 1, 2021

    - Tomi Kilgore

  12. These 7 Value Stocks Will Benefit From an Economic Recovery

    4:49 p.m. Feb. 28, 2021

    - Barron's Online

  13. Meredith downgraded to hold from buy at Benchmark

    6:14 a.m. Aug. 14, 2020

    - Tomi Kilgore

  14. Meredith sees advertisers pull back amid COVID-19

    9:02 a.m. May 14, 2020

    - MarketWatch.com

  15. Loading more headlines...
/news/nonmarketwatch/company/us/mdp

Other News on MDP

  1. Meredith Q3 2022 Earnings Preview

    33 min ago

    - Seeking Alpha

  2. Notable earnings before Thursday's open

    10:40 a.m. Today

    - Seeking Alpha

  3. The Best Way to Trade Market Rumors

    4:50 p.m. Oct. 25, 2021

    - GuruFocus.com

  4. Nielsen (NLSN) to Report Q3 Earnings: What's in the Cards?

    11:15 a.m. Oct. 25, 2021

    - Zacks.com

  5. John Rogers Comments on Meredith Corp

    5:23 p.m. Oct. 20, 2021

    - GuruFocus.com

  6. John Rogers' Ariel Fund 3rd-Quarter Commentary

    5:09 p.m. Oct. 20, 2021

    - GuruFocus.com

  7. IAC Is a Better Home and Garden for These Magazines

    7:03 a.m. Oct. 11, 2021

    - Laura Forman

  8. Wall Street Breakfast: The Week Ahead (Podcast)

    7:21 a.m. Oct. 10, 2021

    - Seeking Alpha

  9. Wall Street Breakfast:

    7:03 a.m. Oct. 10, 2021

    - Seeking Alpha

  10. Southwest Airlines, Facebook, Pfizer: Stocks That Defined the Week

    7:40 p.m. Oct. 8, 2021

    - Francesca Fontana

  11. John Rogers Slims Meredith as Merger Approaches

    1:53 p.m. Oct. 8, 2021

    - GuruFocus.com

  12. BILI, FUTU and TTM among pre market gainers

    8:26 a.m. Oct. 7, 2021

    - Seeking Alpha

  13. Loading more headlines...

At a Glance

Meredith Corp.

1716 Locust Street

Des Moines, Iowa 50309-3023

Phone

1 5152843000

Industry

Publishing

Sector

Media/Entertainment

Fiscal Year-end

06/2022

Revenue

$2.98B

Net Income

$291.40M

2021 Sales Growth

0.9%

Employees

5,120

/news/pressrelease/company/us/mdp

Press Releases on MDP

  1. Meredith MDP Trading Report

    3:40 a.m. Oct. 22, 2021

    - Stock Traders Daily

  2. Meredith To Report Fiscal 2022 First Quarter Results

    4:40 p.m. Oct. 21, 2021

    - PR Newswire - PRF

  3. SHAPE Announces Winners of 2021 Well Tech Awards

    9:45 a.m. Oct. 14, 2021

    - PR Newswire - PRF

  4. Publishers and Brands View Commerce Content as a Key Revenue Driver

    10:17 a.m. Oct. 13, 2021

    - BusinessWire - BZX

  5. Four Hartford Television Stations Launch NEXTGEN TV

    11:54 a.m. Oct. 12, 2021

    - PR Newswire - PRF

  6. Meredith MDP Trading Report

    5:44 a.m. Oct. 12, 2021

    - Stock Traders Daily

  7. PARENTS Names Best Apps for Kids in 2021

    10:00 a.m. Oct. 8, 2021

    - PR Newswire - PRF

  8. SHAREHOLDER ALERT: WeissLaw LLP Investigates Meredith Corporation

    10:00 p.m. Oct. 7, 2021

    - PR Newswire - PRF

  9. Loading more headlines...
Trending Tickers
  • /zigman2/quotes/200172674/composite EDSA+102.72%
  • /zigman2/quotes/209901640/composite SPY-1.67%
  • /zigman2/quotes/201343976/composite UVXY+16.31%
  • /zigman2/quotes/221104327/composite LCID+4.83%
  • /zigman2/quotes/214109287/composite SDC-3.13%
X
Powered by StockTwits
Link to MarketWatch's Slice.