MDP - Meredith Corporation

NYSE - NYSE Delayed Price. Currency in USD
53.19
-0.62 (-1.15%)
At close: 4:02PM EST
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Previous Close53.81
Open53.21
Bid0.00 x 900
Ask0.00 x 1000
Day's Range52.12 - 54.34
52 Week Range47.30 - 70.90
Volume214,871
Avg. Volume400,195
Market Cap2.418B
Beta (3Y Monthly)1.36
PE Ratio (TTM)78.80
EPS (TTM)0.68
Earnings DateJan 29, 2019 - Feb 4, 2019
Forward Dividend & Yield2.18 (4.05%)
Ex-Dividend Date2018-11-29
1y Target Est61.20
Trade prices are not sourced from all markets
  • Is Junior Bridgeman the right man to lead a Sports Illustrated turnaround?
    American City Business Journals21 hours ago

    Is Junior Bridgeman the right man to lead a Sports Illustrated turnaround?

    The eventual buyer of Sports Illustrated faces uphill battles to retain relevancy and build inroads with a younger audience, but the leadership of former sports star turned business mogul Junior Bridgeman might be the type of direction the publication needs. Clavio is an expert on the impact of new and social media on consumers, media and sports entities, and he has closely tracked social media's impact on journalism, content creation and the hybridization of communications and marketing, according to his biography. As a result of his work, he has been paying attention to the SI purchase talks and provided insights on what Bridgeman, or any new owner, will face if a deal is finalized with SI parent Meredith Corp. (NYSE: MDP).

  • Financial Times21 hours ago

    [$$] Farewell, My Orange by Iwaki Kei — the fruits of labour

    Superficial observations aside, this astute debut from Osaka-born Iwaki Kei, who settled in Australia more than 20 years ago, deserves the awards it has won to date, and much more. Set in present-day Australia, the narrative, which has been translated from Japanese, is centred in a small town where racism remains very much alive. Salimah, a young African woman, has returned from her early morning shift.

  • Meredith's Health Magazine Reveals New Look In January/February Issue
    PR Newswire2 days ago

    Meredith's Health Magazine Reveals New Look In January/February Issue

    NEW YORK, Dec. 13, 2018 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP, Meredith.com) Health magazine, the trusted authority in wellness, reaching an audience of nearly 29 million, announced today that its January/February issue marks the debut of an updated design with a cleaner look and bolder typography. Since joining the Health team in June 2018, Editor in Chief Amy Conway has led the brand's creative team to provide the magazine's audience with inspiring and empowering information that speaks to the way people think about wellness today. The new design, overseen by Executive Creative Director Agnethe Glatved, aims to strike a balance between science-based content and healthy living—to be warm and inviting to the reader.

  • PR Newswire3 days ago

    The Magnolia Journal Reaches More Than 5.5 Million With Median Household Income Of More Than $110,000

    Meredith.com), has a total audience of 5,585,000 and an adult median household income of $110, 867, ranking 13th of all titles measured, according to the fall 2018 study from market research firm GfK MRI. The study also revealed that The Magnolia Journal's audience commands a predominantly female audience of 4,780,000. "The strength of these numbers is a testament to the power and vitality of this brand," says President of Meredith Magazines Doug Olson.

  • Travel + Leisure Announces The 50 Best Places To Travel In 2019
    PR Newswire3 days ago

    Travel + Leisure Announces The 50 Best Places To Travel In 2019

    NEW YORK , Dec. 12, 2018 /PRNewswire/ -- Meredith Corporation's (NYSE: MDP, www.meredith.com ) Travel + Leisure today announced the 50 Best Places to Travel in 2019 , the annual list of the most exciting ...

  • Beloved Nashville Anchor Sues Meredith for Age Discrimination
    Bloomberg5 days ago

    Beloved Nashville Anchor Sues Meredith for Age Discrimination

    Local news anchors often achieve low-grade celebrity status around town, but Kalodimos was unusually beloved. One year, an elementary school included her name in a spelling bee.Kalodimos did much of her own reporting, investigating radioactive waste disposal, migrant worker conditions and even an ethically questionable ‘body farm’ run by the University of Tennessee. In her 33 years at Nashville’s NBC affiliate, WSMV/Channel 4, she won 16 Emmys, 3 Investigative Reporters and Editors awards, 2 Edward R. Murrow awards, and had been inducted into the Tennessee Journalism Hall of Fame.

  • Reuters7 days ago

    Former NBA player Bridgeman in the lead to buy Sports Illustrated magazine -sources

    Ulysses Lee "Junior" Bridgeman, a former U.S. basketball player who became a fast-food mogul, is in the lead to acquire Sports Illustrated magazine from U.S. media company Meredith Corp for about $150 million, people familiar with the matter said on Friday. The deal would be the result of a review that Meredith is carrying out in its portfolio, following its $1.84 billion acquisition of Time Inc last year. It has already sold off its Time and Fortune magazines and is exploring a sale of Money Magazine.

  • Report: PE firms, broadcasters circle Nexstar stations that must be divested in Tribune deal
    American City Business Journals8 days ago

    Report: PE firms, broadcasters circle Nexstar stations that must be divested in Tribune deal

    Private equity firms and regional broadcasters are expressing interest in buying television stations that will need to be divested for the deal to be greenlighted.

  • Bloomberg9 days ago

    Nexstar Attracts Interest for Stations Sale That’s Part of Tribune Deal

    Cerberus Capital Management and Apollo Global Management LLC, as well as regional broadcasters EW Scripps Co., Gray Television Inc., Meredith Corp. and Tegna Inc., are circling the stations, which could fetch as much as $1 billion, said the people, who asked not to be identified because the details aren’t public. A formal sale process is likely to start in coming weeks and the auction is expected to be completed by the time Nexstar’s merger with Tribune is slated to close in the third quarter of 2019, the people said.

  • The Wall Street Journal11 days ago

    [$$] Who’s Reading That News Story? Startup Will Help Marketers Find Out

    The company, Memo, aims to capitalize on advertisers’ growing demand for data by creating a marketplace where they can buy audience metrics for editorial coverage—measures such as page views, scroll depth and engaged reading time. Publishers closely track page views and related information, but don’t typically share it. Publishers including Meredith Corp., BuzzFeed Inc. and PopSugar Inc. have agreed to provide their data to Memo, said Eddie Kim, the company’s founder and chief executive.

  • PR Newswire18 days ago

    Meredith To Present At UBS Investor Conference

    DES MOINES, Iowa , Nov. 27, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; meredith.com), the leading media and marketing company with national brands serving 175 million unduplicated Americans ...

  • See what the IHS Markit Score report has to say about Meredith Corp.
    Markit18 days ago

    See what the IHS Markit Score report has to say about Meredith Corp.

    Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

  • Thomson Reuters StreetEvents25 days ago

    Edited Transcript of MDP earnings conference call or presentation 7-Nov-18 1:30pm GMT

    Q1 2019 Meredith Corp Earnings Call

  • FYE owner accused of deceiving customers about membership program charges
    American City Business Journals29 days ago

    FYE owner accused of deceiving customers about membership program charges

    The parent company of retail chain FYE was accused in federal court of deceiving customers by asking them to sign up for “free” and “loyalty” membership programs and magazine subscriptions and then charging their credit and debit cards until customers canceled the services.

  • PR Newswirelast month

    Meredith Corporation Bolsters Sales Team For Luxury Group

    NEW YORK , Nov. 15, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com ) has named Melissa Strome Automotive and Finance Director and Maria Eliason Fashion Director of the company's ...

  • PR Newswirelast month

    Meredith Corporation Board Of Directors Declares Quarterly Dividend

    DES MOINES, Iowa, Nov. 14, 2018 /PRNewswire/ -- The Meredith Corporation (NYSE:MDP; www.meredith.com) Board of Directors today declared a regular quarterly dividend of $0.545 per share, or $2.18 on an annual basis. Meredith has delivered an average annual return of 17 percent since the launch of its Total Shareholder Return (TSR) strategy more than five years ago.

  • Tribune Media, Sinclair, Meredith, other media firms settle with DOJ
    American City Business Journalslast month

    Tribune Media, Sinclair, Meredith, other media firms settle with DOJ

    Tribune Media Co. of Chicago and five other media companies have settled with the Justice Department, which alleged they colluded to inflate TV ad prices. “The unlawful exchange of competitively sensitive information allowed these television broadcast companies to disrupt the normal competitive process of spot advertising in markets across the United States.

  • Japan Named Travel + Leisure's 2018 Destination Of The Year
    PR Newswirelast month

    Japan Named Travel + Leisure's 2018 Destination Of The Year

    In honoring the country, the brand's editors noted its rich history and skyrocketing number of international visitors, its exotic parks and temple gardens and its blend of vibrant cities, mountain trails and eclectic cuisine. The Travel + Leisure Destination of the Year is the place the editors believe best captures the year's travel zeitgeist and popularity among travel enthusiasts. This year's winner follows past honorees Canada, named 2017 Destination of the Year, and Portugal, named 2016 Destination of the Year.

  • Meredith Corporation Names Jacqueline Gifford Editor In Chief Of Travel + Leisure
    PR Newswirelast month

    Meredith Corporation Names Jacqueline Gifford Editor In Chief Of Travel + Leisure

    NEW YORK, Nov. 12, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com), the leading media and marketing company that serves 175 million unduplicated American women and 80 percent of U.S. millennial women, announced today that Jacqueline Gifford has been promoted to Editor in Chief of Travel + Leisure, effective immediately. Gifford, most recently Travel + Leisure's Travel Director, has held various senior editorial positions since she joined the leading travel media brand in 2013. Travel + Leisure reaches a global audience of more than 16 million.

  • Hedge Funds Have Started Turning the Page on Meredith Corporation (MDP)
    Insider Monkeylast month

    Hedge Funds Have Started Turning the Page on Meredith Corporation (MDP)

    Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]

  • The Wall Street Journallast month

    [$$] Fortune Magazine to Be Sold to Thai Businessman for $150 Million

    Meredith Corp. said Thai businessman Chatchaval Jiaravanon has agreed to purchase Fortune magazine for $150 million in cash, a sale that gives the storied business publication a new owner for the second time this year. Like many of its peers in media, Fortune has suffered from declines in advertising and newsstand sales over the past several years, and it has increasingly focused on digital advertising and its growing conference business. The 88-year-old magazine, which first published months after the 1929 stock-market crash, continues to carry weight with business elites, reflected in the attention paid to rankings such as the Fortune 500, special issues like “World’s Most Admired Companies” and cover profiles of prominent chief executives.

  • E-Cigarettes to Face New Sales Limits From FDA, Says Official
    Bloomberglast month

    E-Cigarettes to Face New Sales Limits From FDA, Says Official

    On Thursday, a senior official at the Food and Drug Administration said the agency plans to restrict sales of many fruit- and dessert-flavored nicotine pods to adult-only stores. The new curbs will apply only to cartridge-style devices, such as Juul, according to the FDA official. Juul’s move is expected to affect 45 percent of its in-store retail sales, according to the person familiar with the company’s plans.

  • Meredith to sell Fortune brand for $150 million
    Associated Presslast month

    Meredith to sell Fortune brand for $150 million

    Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash to Fortune Media Group. The deal, subject to regulatory approval, is expected to close by the end of the year. Meredith said Friday it will use the proceeds to pay down debt.