NEWM - New Media Investment Group Inc.

NYSE - NYSE Delayed Price. Currency in USD
6.36
-0.21 (-3.20%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close6.57
Open6.60
Bid6.32 x 1800
Ask6.34 x 3200
Day's Range6.34 - 6.67
52 Week Range6.34 - 14.11
Volume1,504,165
Avg. Volume1,546,513
Market Cap384.66M
Beta (3Y Monthly)1.15
PE Ratio (TTM)N/A
EPS (TTM)-0.19
Earnings DateOct 31, 2019
Forward Dividend & Yield1.52 (22.75%)
Ex-Dividend Date2019-10-31
1y Target Est11.00
  • New Media (NEWM) is all Set to Bring Gannett Under its Wings
    Zacks

    New Media (NEWM) is all Set to Bring Gannett Under its Wings

    New Media's (NEWM) merger with Gannett is likely to create one of the strongest entities in the publishing industry.

  • PR Newswire

    RadNet Set to Join S&P SmallCap 600

    NEW YORK , Nov. 14, 2019 /PRNewswire/ -- RadNet Inc. (NASD: RDNT) will replace Gannett Co. Inc. (NYSE: GCI) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, November 20 . S&P ...

  • Benzinga

    Shareholders Approve Gannett-GateHouse Newspaper Merger

    Shareholders in separate votes approved the plan for GateHouse to buy Gannett in a $1.2 billion stock and cash deal, following a promise by management to quickly find a way to cut spending by $300 million.

  • Gannett shareholders sign off on GateHouse deal
    American City Business Journals

    Gannett shareholders sign off on GateHouse deal

    Shareholders of Gannett Co. Inc. (NYSE: GCI) signed off on a roughly $1.2 billion proposal for the McLean company to be acquired by the parent company of rival GateHouse Media on Thursday in a deal that will combine two of the nation’s largest newspaper companies. Gannett and New Media Investment Group Inc. (NYSE: NEWM) reached an agreement on a cash-and-stock deal Aug. 5. New Media shareholders approved the deal at a separate meeting Thursday.

  • Business Wire

    New Media and Gannett Announce Shareholder Approvals of Merger Agreement

    New Media Investment Group Inc. (“New Media”) (NEWM) and Gannett Co., Inc. (“Gannett”) (GCI) jointly announced that at their respective special shareholder meetings held today, New Media and Gannett stockholders approved all of the proposals necessary to complete the previously announced acquisition of Gannett by New Media for a combination of cash and stock (the “Merger”). “We appreciate the support we have received from New Media and Gannett shareholders for the Merger,” said Michael Reed, Chairman and Chief Executive Officer of New Media.

  • Editor of Cape Cod Times to step down after 19 years
    American City Business Journals

    Editor of Cape Cod Times to step down after 19 years

    Paul Pronovost has accepted a job as chief communications and marketing officer of Saint Anselm College.

  • ‘Nobody believes’ Gannett-GateHouse merger projections, Leon Cooperman says
    American City Business Journals

    ‘Nobody believes’ Gannett-GateHouse merger projections, Leon Cooperman says

    In an interview with the Business Journal, the founder of Omega Advisors Inc. said that the current stock price for New Media Investments Group (NYSE: NEWM), which owns GateHouse, is lower than expected for a company with similar earnings, suggesting that investors believe the revenue projections under the combined company are too rosy.

  • Thomson Reuters StreetEvents

    Edited Transcript of NEWM earnings conference call or presentation 31-Oct-19 1:00pm GMT

    Q3 2019 New Media Investment Group Inc Earnings Call

  • Business Wire

    New Media Announces Third Quarter 2019 Results

    NEW YORK-- -- Total Revenues of $376.6 million Operating loss of $1.9 million As Adjusted EBITDA of $45.1 million* Free Cash Flow of $32.2 million* Revenue, As Adjusted EBITDA and Free Cash Flow negatively impacted by approximately $1.5 million in loss from Hurricane Dorian Previously declared third quarter dividend of $0.38 The announced acquisition of Gannett Co., Inc. has received the required regulatory ...

  • Here’s What Hedge Funds Think About New Media Investment Group Inc (NEWM)
    Insider Monkey

    Here’s What Hedge Funds Think About New Media Investment Group Inc (NEWM)

    We can judge whether New Media Investment Group Inc (NYSE:NEWM) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into […]

  • Business Wire

    New Media and Gannett Announce the Board of Directors for the Combined Company

    New Media Investment Group Inc. and Gannett Co., Inc. announced today the expected members of the Board of Directors for the combined company , effective upon completion of the proposed acquisition of Gannett by New Media.

  • Business Wire

    New Media Announces European Commission Regulatory Clearance for Merger with Gannett

    New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM) announced today that the European Commission has provided regulatory clearance under the EU Merger Regulation for the transactions contemplated by the previously announced definitive agreement, dated August 5, 2019, pursuant to which New Media will acquire Gannett Co., Inc. (“Gannett”) (GCI) for a combination of cash and stock (the “Merger”). The Merger is expected to close shortly following the New Media and Gannett special stockholder meetings, which are currently scheduled for November 14, 2019.

  • Business Wire

    New Media Announces Dividend and Schedules Third Quarter 2019 Results

    New Media Investment Group Inc. (“New Media” or the “Company”, NYSE: NEWM) announced today that its Board of Directors declared a third quarter 2019 cash dividend of $0.38 per share of common stock. New Media also announced today that it will release its third quarter financial results on Thursday, October 31, 2019, prior to the opening of the New York Stock Exchange. A copy of the earnings release will be posted to the Investor Relations section of New Media’s website, www.newmediainv.com.

  • NY Times' (NYT) Advertising Revenues Likely to Remain Soft
    Zacks

    NY Times' (NYT) Advertising Revenues Likely to Remain Soft

    The New York Times Company (NYT) expects digital advertising revenue to fall in the high-single digits during the third quarter.

  • Volatility 101: Should New Media Investment Group (NYSE:NEWM) Shares Have Dropped 50%?
    Simply Wall St.

    Volatility 101: Should New Media Investment Group (NYSE:NEWM) Shares Have Dropped 50%?

    In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

  • Business Wire

    New Media Sets Date for Special Meeting of Shareholders to Vote on Merger Agreement with Gannett

    New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM) announced today that it has set a date for the special meeting of its shareholders to, among other things, consider and vote on a proposal to approve the transactions contemplated by the previously announced definitive agreement, dated August 5, 2019, pursuant to which New Media will acquire Gannett Co., Inc. (“Gannett”) (GCI) for a combination of cash and stock (the “Merger”). The board of directors of New Media set September 26, 2019 as the record date for its special meeting.

  • TheStreet.com

    News Giants Gannett and GateHouse Sink Even as Feds OK Their $1.4 Billion Merger

    Newspaper giant Gatehouse Media's parent company New Media Investment Group. sank Thursday despite word that Justice Department antitrust regulators have cleared its $1.4 billion purchase of USA Today owner Gannett .

  • Omega’s Cooperman Says 3 Stocks Will Lead Bull Run Far From Over
    Investopedia

    Omega’s Cooperman Says 3 Stocks Will Lead Bull Run Far From Over

    Billionaire hedge-fund investor Leon Cooperman thinks the 10-year-old great bull stock market is far from over, which to him means there is plenty of upside left. Quite simply, bull markets don’t end when stocks reach fair valuations, which is the case today, the CEO of Omega Advisors said.

  • Is NY Times' (NYT) Dismal Run on Bourses Likely to Continue?
    Zacks

    Is NY Times' (NYT) Dismal Run on Bourses Likely to Continue?

    The New York Times Company (NYT) expects digital advertising revenue to fall in the high-single digits during the third quarter.

  • GuruFocus.com

    Weekly CEO Buys Highlight

    Insiders invest in PVH, Coty, New Media Investment Group, Elanco Animal Health and Cott Continue reading...

  • ACCESSWIRE

    Kaskela Law LLC Announces Investigation of New Media Investment Group Inc. on Behalf of Investors - NEWM

    PHILADELPHIA, PA / ACCESSWIRE / September 5, 2019 / Kaskela Law LLC announces that it is investigating New Media Investment Group Inc. (“New Media”) (NYSE:NEWM) of behalf of the company’s shareholders. ...

  • GuruFocus.com

    New Media Investment Group Inc (NEWM) CEO Michael Reed Bought $2.2 million of Shares

    CEO of New Media Investment Group Inc (30-Year Financial, Insider Trades) Michael Reed (insider trades) bought 250,000 shares of NEWM on 08/30/2019 at an average price of $8.78 a share. Continue reading...