MDP - Meredith Corporation

NYSE - NYSE Delayed Price. Currency in USD
55.78
+1.02 (+1.86%)
At close: 4:02PM EDT
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Previous Close54.76
Open54.85
Bid0.00 x 800
Ask56.00 x 1000
Day's Range54.42 - 55.90
52 Week Range47.30 - 72.25
Volume338,873
Avg. Volume384,717
Market Cap2.475B
Beta (3Y Monthly)1.65
PE Ratio (TTM)38.02
EPS (TTM)1.47
Earnings DateOct 24, 2018 - Oct 29, 2018
Forward Dividend & Yield2.18 (3.96%)
Ex-Dividend Date2018-08-30
1y Target Est57.80
Trade prices are not sourced from all markets
  • Why the Benioffs Are Buying Time Magazine
    Bloomberg Videolast month

    Why the Benioffs Are Buying Time Magazine

    Sep.17 -- Jon Klein, Tapp Media chairman, and Bloomberg's Nico Grant discuss why Salesforce.com Inc. co-founder Marc Benioff and his wife, Lynne, agreed to buy Time magazine from Meredith Corp. for $190 million in cash. They speak with Bloomberg's Emily Chang on "Bloomberg Technology." (Corrects description of the agreement.)

  • Time Magazine Sold to Salesforce Founder Marc Benioff for $190M
    Yahoo Finance Videolast month

    Time Magazine Sold to Salesforce Founder Marc Benioff for $190M

    Salesforce CEO Marc Benioff, and his wife Lynne Benioff have made a big move into the media industry. The couple on Sunday announced the purchase of Time Magazine for $190 million.

  • Two running buddies pick up the pace with Meredith wellness program
    American City Business Journals2 days ago

    Two running buddies pick up the pace with Meredith wellness program

    Since the company started its health and wellness program in 2008, annual health insurance cost increases have dropped significantly.

  • Meredith's Soft EBITDA Margin a Woe, Buyouts Bring Relief
    Zacks4 days ago

    Meredith's Soft EBITDA Margin a Woe, Buyouts Bring Relief

    Meredith (MDP) is battling soft EBITDA margin and print media decline. However, acquisitions and restructuring actions are likely to drive growth.

  • Meredith Corporation Promotes Kevin James To VP/General Manager Of Phoenix Duopoly KPHO/KTVK
    PR Newswire6 days ago

    Meredith Corporation Promotes Kevin James To VP/General Manager Of Phoenix Duopoly KPHO/KTVK

    PHOENIX, Oct. 15, 2018 /PRNewswire/ -- Meredith Corporation (NYSE:MDP; www.meredith.com) announced today that it has promoted Kevin James to Vice President and General Manager of its television duopoly in Phoenix, KPHO-TV and KTVK-TV(CBS5 and 3TV), effective immediately. "Kevin has been an outstanding leader in the Meredith Local Media Group since 2005, and I am confident that he is the right person to lead 'Arizona's Family' into the future," said Patrick McCreery, Meredith Local Media Group President.

  • Todd Brown Promoted To Senior Vice President And Chief Revenue Officer For Meredith Local Media Group
    PR Newswire6 days ago

    Todd Brown Promoted To Senior Vice President And Chief Revenue Officer For Meredith Local Media Group

    In his new role, Brown will oversee advertising revenue growth and strategy across Meredith's station group. Brown has worked for KVVU-TV (FOX 5), Meredith's FOX affiliate in Las Vegas, for more than 16 years.

  • Registration Opens For The 2019 SHAPE Women's Half-Marathon
    PR Newswire10 days ago

    Registration Opens For The 2019 SHAPE Women's Half-Marathon

    Thousands of Women to Gather on Sunday, April 14, in New York's Central Park for One of the Largest Women's-Only Half-Marathons in the Country NEW YORK , Oct. 11, 2018 /PRNewswire/ -- Meredith Corporation, ...

  • PR Newswire11 days ago

    Meredith Corporation To Announce Its Plans To Extend Live Programming And New IGTV Programming At Inaugural Digital Content NewFronts West

    The presentation will highlight Meredith's unprecedented suite of marketing solutions, including its quality storytelling and data and insights capabilities that deliver impactful results for advertisers.

  • Muni-Bond Slide Leaves Test: Will Key Buyers Flee in Droves?
    Bloomberg16 days ago

    Muni-Bond Slide Leaves Test: Will Key Buyers Flee in Droves?

    Individuals, who own more than half of all state and local governments bonds directly or through mutual funds and don’t follow the minute-by-minute movement of interest rates, haven’t hit the sell button yet. Prices have slipped steadily since Wednesday and continued to edge down Friday, when the U.S. Labor Department reported that the unemployment rate hit a nearly half-century low. “Rates have moved but there hasn’t been a material sell-off," said Nicholos Venditti, a municipal-bond portfolio manager with Thornburg Investment Management in Santa Fe, New Mexico.

  • Parents Magazine Reveals The Best Toys Of 2018
    PR Newswire16 days ago

    Parents Magazine Reveals The Best Toys Of 2018

    Kid Tested, Parent Approved! This Year's Hottest Toys Include Surprise-Inside Toys, Wearable Fun and Silly Robots NEW YORK , Oct. 5, 2018 /PRNewswire/ -- Parents  magazine, the most trusted brand and leading ...

  • PR Newswire19 days ago

    Meredith Corporation Updates Presentation Time At Deutsche Bank Investor Conference

    DES MOINES, Iowa , Oct. 2, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; meredith.com ), one of America's leading media and marketing companies, expects to present at the Deutsche Bank 26 th Annual ...

  • Sinclair Broadcast Group's sports platform to air Cayman Islands Classic
    American City Business Journals20 days ago

    Sinclair Broadcast Group's sports platform to air Cayman Islands Classic

    Sinclair Broadcast Group may have failed in its bid to acquire Chicago-based Tribune Media Co. (NYSE: TRCO), but it's still part of the consortium that owns Stadium, the Chicago-based 24/7 multi-platform sports network. On Monday, Stadium said it has inked a deal to live stream the second annual Cayman Islands Classic, a high-profile preseason college basketball tournament, at Facebook.com/stadiumcollegebasketball. This new arrangement means 1.4 billion daily active Facebook users will for the first time have access to the Cayman Islands basketball tournament, which will add to Stadlum’s existing lineup on Facebook that includes live college and high school football and basketball games, as well as Olympic sports.

  • PR Newswire23 days ago

    Meredith Corporation To Present At Deutsche Bank Investor Conference

    DES MOINES, Iowa , Sept. 28, 2018 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; meredith.com ), one of America's leading media and marketing companies, will present at the Deutsche Bank 26 th Annual ...

  • PR Newswirelast month

    FOOD & WINE Collaborates With Blackberry Farm Brewery To Create Limited Edition 40th Anniversary Beer, "Ampersand Saison"

    NEW YORK, Sept. 20, 2018 /PRNewswire/ -- Today, Meredith's (NYSE: MDP, Meredith.com) FOOD & WINE is announcing its collaboration with Blackberry Farm Brewery to create a 40th anniversary and limited-edition beer called Ampersand Saison. Earlier this month, FOOD & WINE began the celebration of its milestone anniversary with the launch of the September issue. As a nod to the predominance of French cuisine in the first issues of FOOD & WINE in 1978, this limited-edition Saison incorporates two unique hop varieties, Nelson Sauvin, a New Zealand hop that displays similar flavors to Sauvignon Blanc grapes, and French Aramis Hops, which are grown in the Alsace region of France.

  • Meredith Corporation (MDP) Lags Q4 Earnings Estimates
    Zackslast month

    Meredith Corporation (MDP) Lags Q4 Earnings Estimates

    Meredith Corporation (MDP) delivered earnings and revenue surprises of -63.89% and 0.14%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Benioff, Bezos, Jobs: Tech billionaires are going 'full Rosebud'
    Yahoo Financelast month

    Benioff, Bezos, Jobs: Tech billionaires are going 'full Rosebud'

    By buying Time for $190 million, Salesforce CEO Marc Benioff continues the recent trend of tech billionaires buying print media – and it isn't about the financial potential.

  • Company News For Sep 18, 2018
    Zackslast month

    Company News For Sep 18, 2018

    Companies In The News are: AMZN,CGC,KO,MDP

  • AeroVironment, Meredith, Oracle and FedEx highlighted as Zacks Bull and Bear of the Day
    Zackslast month

    AeroVironment, Meredith, Oracle and FedEx highlighted as Zacks Bull and Bear of the Day

    AeroVironment, Meredith, Oracle and FedEx highlighted as Zacks Bull and Bear of the Day

  • The Wall Street Journallast month

    [$$] Time Magazine's Financials Show Erosion in Print Business

    Revenue is expected to fall nearly 9% to $158 million in 2018, reflecting industrywide pressures, while operating income will be about the same. The Benioffs are paying around 5.76 times operating profit for Time magazine. Craig Huber, a media analyst at Huber Research Partners, said “Meredith did very well with the price that they got.” He said the Benioffs may find it difficult to operate a single magazine at a time when magazine publishers with greater scale are struggling.

  • Barrons.comlast month

    Billionaires Buying Media Assets to Prompt Social Change

    Billionaire Marc Benioff’s purchase of 95-year-old Time magazine didn’t come as a surprise to Rick Edmonds, a veteran media business analyst at Poynter Institute, a non-profit journalism school in St. Petersburg, Fla. On Sunday, Benioff, 53, founder of cloud computing company Salesforce.com Inc., announced that he would pay $190 million in cash from his personal wealth to acquire Time from Meredith Corp, which had purchased the news magazine from Time Inc. almost eight months ago. Benioff is worth $6.6 billion, according to Forbes’ estimate.

  • CNBClast month

    Ex-media exec: A well-intentioned proprietor is best for a media company

    A billionaire with good intentions might be the best kind of owner for a media organization, former CNN chairman and Time managing editor Walter Isaacson says. Isaacson says Marc Benioff has pure intentions when it comes to Time, but he will probably apply his business savvy to running the company, similar to what Jeff Bezos has done at The Washington Post. A billionaire with good intentions might be the best kind of owner for a media organization, former CNN chairman and Time managing editor Walter Isaacson told CNBC on Monday.

  • PR Newswirelast month

    Meredith Names Steven Grune Vice President Of Brand Licensing

    NEW YORK and DES MOINES, Iowa , Sept. 17, 2018 /PRNewswire/ -- Meredith Corporation (NYSE:MDP, www.meredith.com )  –  the leading media and marketing company reaching 175 million American consumers each ...