NEWM - New Media Investment Group Inc.

NYSE - NYSE Delayed Price. Currency in USD
9.96
-0.10 (-0.99%)
At close: 4:04PM EDT
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Previous Close10.06
Open9.99
Bid8.11 x 800
Ask10.27 x 800
Day's Range9.94 - 10.07
52 Week Range9.68 - 19.10
Volume794,548
Avg. Volume557,267
Market Cap602.878M
Beta (3Y Monthly)1.10
PE Ratio (TTM)62.25
EPS (TTM)0.16
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & Yield1.52 (14.48%)
Ex-Dividend Date2019-05-10
1y Target Est10.00
Trade prices are not sourced from all markets
  • Should We Worry About New Media Investment Group Inc.'s (NYSE:NEWM) P/E Ratio?
    Simply Wall St.6 days ago

    Should We Worry About New Media Investment Group Inc.'s (NYSE:NEWM) P/E Ratio?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • NY Times (NYT) Beats on Q1 Earnings, Digital Subscribers Rise
    Zacks12 days ago

    NY Times (NYT) Beats on Q1 Earnings, Digital Subscribers Rise

    The New York Times Company (NYT) projects total subscription revenue in the second quarter of 2019 to increase in the low to mid-single digits. Subscription revenue grew 3.9% during the first quarter.

  • Thomson Reuters StreetEvents12 days ago

    Edited Transcript of NEWM earnings conference call or presentation 2-May-19 1:00pm GMT

    Q1 2019 New Media Investment Group Inc Earnings Call

  • Is New Media Investment Group Inc (NEWM) A Good Stock To Buy?
    Insider Monkey13 days ago

    Is New Media Investment Group Inc (NEWM) A Good Stock To Buy?

    Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]

  • Associated Press18 days ago

    New Media Investment: 1Q Earnings Snapshot

    On a per-share basis, the New York-based company said it had a loss of 15 cents. Losses, adjusted for non-recurring costs, were 1 cent per share. The newspaper company posted revenue of $387.6 million ...

  • Business Wire18 days ago

    New Media Announces Solid First Quarter 2019 Results

    NEW YORK-- -- Total Revenues of $387.6 million Operating loss of $1.4 million As Adjusted EBITDA of $33.1 million* Free Cash Flow of $21.0 million* Declared first quarter dividend of $0.38 On January 31, 2019, completed purchase of the publishing arm of Schurz Communications New Media Investment Group Inc. today reported its financial results for the first quarter ended March 31, 2019.     GAAP Reporting ...

  • Business Wirelast month

    New Media Schedules First Quarter 2019 Results and Dividend Announcement

    New Media Investment Group Inc. (“New Media” or the “Company”, NYSE: NEWM) announced today that it will release its first quarter financial results and dividend for the first quarter on Thursday, May 2, 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.

  • Imagine Owning New Media Investment Group (NYSE:NEWM) And Wondering If The 37% Share Price Slide Is Justified
    Simply Wall St.last month

    Imagine Owning New Media Investment Group (NYSE:NEWM) And Wondering If The 37% Share Price Slide Is Justified

    Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. That downside risk was realized by New...

  • NY Times' (NYT) Digitalization Initiatives Reap Benefits
    Zackslast month

    NY Times' (NYT) Digitalization Initiatives Reap Benefits

    The New York Times Company (NYT) has been contemplating new avenues of revenue generation in a bid to counter dwindling print advertising revenues.

  • GateHouse Media’s second-in-command departs as COO role is eliminated
    American City Business Journals2 months ago

    GateHouse Media’s second-in-command departs as COO role is eliminated

    Peter Newton, who had been with GateHouse for almost seven years, left his job as chief operating officer earlier this month.

  • 3 Services Stocks With a Superior Forward Dividend Yield
    GuruFocus.com2 months ago

    3 Services Stocks With a Superior Forward Dividend Yield

    Shares of LSC Communications Inc. (LKSD) were trading around $7 on Friday. Warning! GuruFocus has detected 4 Warning Signs with LKSD. Shares of New Media Investment Group Inc. (NEWM) were trading around $12 on Friday.

  • What Investors Should Know About New Media Investment Group Inc.’s (NYSE:NEWM) Financial Strength
    Simply Wall St.2 months ago

    What Investors Should Know About New Media Investment Group Inc.’s (NYSE:NEWM) Financial Strength

    Investors are always looking for growth in small-cap stocks like New Media Investment Group Inc. (NYSE:NEWM), with a market cap of US$722m. However, an important fact which most ignore is:Read More...

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of NEWM earnings conference call or presentation 27-Feb-19 2:00pm GMT

    Q4 2018 New Media Investment Group Inc Earnings Call

  • New Media Investment Group Inc (NEWM) Q4 2018 Earnings Conference Call Transcript
    Motley Fool3 months ago

    New Media Investment Group Inc (NEWM) Q4 2018 Earnings Conference Call Transcript

    NEWM earnings call for the period ending December 30, 2018.

  • Business Wire3 months ago

    New Media Announces Solid Fourth Quarter & Full Year 2018 Results, Dividend of $0.38 per Common Share

    New Media Investment Group Inc. today reported its financial results for the fourth quarter and full year ended December 30, 2018.

  • Austin American-Statesman shuffles newsroom leadership
    American City Business Journals3 months ago

    Austin American-Statesman shuffles newsroom leadership

    John Bridges has spent seven years at Austin's daily newspaper. He takes over a publication that has seen some of its most experienced journalists depart in recent months after new owner GateHouse offered buyouts to the staff.

  • NY Times (NYT) Q4 Earnings Tops, Digital Subscribers Increase
    Zacks3 months ago

    NY Times (NYT) Q4 Earnings Tops, Digital Subscribers Increase

    The New York Times Company (NYT) has come a long way from being a sole provider of news content and advertising on print publications. The company has set a goal to reach more than 10 million subscriptions by 2025.

  • GlobeNewswire3 months ago

    New Research Coverage Highlights New Residential Investment, KLA-Tencor, Masimo, Schneider National, Enova International, and New Media Investment Group — Consolidated Revenues, Company Growth, and Expectations for 2019

    NEW YORK, Feb. 06, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • Business Wire3 months ago

    New Media Schedules Fourth Quarter & Full Year 2018 Results and Dividend Announcement

    New Media Investment Group Inc. (“New Media” or the “Company”, NYSE: NEWM) announced today that it will release its fourth quarter and full year financial results and dividend for the fourth quarter on Wednesday, February 27, 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.

  • Business Wire3 months ago

    New Media Announces Pilot Program with Comcast Business Group

    New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM), one of the largest publishers of locally based print and online media in the United States as measured by number of publications, announced the launch of a marketing pilot program with Comcast Business Group. This program will give more than 1 million Comcast Business customers access to New Media’s marketing guidance solution, ThriveHive, and its suite of tools and offerings. This program is a direct result of Comcast’s strategic focus on customer loyalty and success programs.

  • Evaluating New Media Investment Group Inc.’s (NYSE:NEWM) Investments In Its Business
    Simply Wall St.4 months ago

    Evaluating New Media Investment Group Inc.’s (NYSE:NEWM) Investments In Its Business

    Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...

  • Business Wire4 months ago

    New Media Announces Tax Treatment of 2018 Dividends

    New Media Investment Group Inc. announced today the tax treatment of its 2018 common stock dividend payments.

  • Business Wire4 months ago

    New Media Announces Agreement to Acquire the Newspaper Assets of Schurz Communications, Inc. for $30.0 Million

    New Media Investment Group Inc. (“New Media” or the “Company”) (NEWM), one of the largest publishers of locally based print and online media in the United States as measured by number of publications, announced today that it has agreed to acquire the newspapers and related assets of Schurz Communications, Inc. (“Schurz”) for $30.0 million. Schurz is selling ten daily newspapers, which include the highly attractive college towns of South Bend, IN (The South Bend Tribune) and Bloomington, IN (Herald-Times). The group has average daily circulation of 105,000 and Sunday circulation of 94,000 and its websites average over 4 million unique visitors monthly and have over 300,000 social media followers.

  • 7 Media Stocks That Make Prime M&A Targets
    InvestorPlace4 months ago

    7 Media Stocks That Make Prime M&A Targets

    On Monday, MNG Enterprises -- better known as Digital First Media -- renewed what looked to be a cooling wave of industry M&A by making a $1.4 billion overture for newspaper company Gannett (NYSE:GCI), publisher of USA Today. The never-ending march of the internet continues to change the landscape of the newspaper and media business, chipping away at bottom lines and forcing survivors to consider options that wouldn't have been considered just a few years prior. Amazon.com (NASDAQ:AMZN) CEO Jeff Bezos now owns the Washington Post. Tribune (formerly Tronc) was targeted last year by the investor that had just acquired The Los Angeles Times and The San Diego Union-Tribune. Indeed, some are surprised the industry is still as fragmented as it is. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alden Global subsidiary Digital First Media continues to capitalize on the opportunity, adding publications to a roster of more than 100 newspapers and then cutting and sharing expenses. Though Gannett has yet to respond to, or comment on, the offer, it's a development that may well trigger fresh acquisition interest within the publishing and media industry. And while owning a particular stock solely because it may be a buyout target is a usually poor strategy, there's no denying a handful of media and publishing stocks just became a bit more valuable because of their buyout potential. * 8 Dividend Stocks With Growth on the Horizon Note, however, that not all of the most plausible acquisition targets are pure newspaper names, reflecting radical changes in how consumers digest information and entertainment. Source: Pineapple Express ### Daily Journal (DJCO) It's surprising that Daily Journal (NASDAQ:DJCO) hasn't already been nabbed up and made part of a bigger media empire, for a handful of reasons. One of them is its affordability. For just a little over $300 million a suitor could step into 10 different newspapers that are reliably profitable but could use the advantage of shared resources with a bigger partner. Another reason is the company's geographical focus. All of its target markets are in California, which would make for an easy bolt-on property for one of the state's existing newspaper groups. For instance, Patrick Soon-Shiong -- a major shareholder of newspaper group Tribune -- was the buyer of The Los Angeles Times and The San Diego Union-Tribune, pointing to interest in aggregating newspaper operations in nearby markets. Source: Shutterstock ### CBS Corporation (CBS) CBS Corporation (NYSE:CBS) has been aiming to acquire rival Viacom (NASDAQ:VIA, NASDAQ:VIAB) … a deal that's more likely to be done now that CBS CEO Les Moonves is out. But, there's just as much of a chance CBS could be the buyee before it's able to be the buyer. Like Daily Journal, CBS would be a reasonably affordable option for an outfit that perhaps wanted to get into the video content business. The company's certainly got some valuable assets to that end. Not only does CBS has rights to air some NFL games, but it has got long-standing staples of U.S. television like "60 Minutes" in its stable of programming. Add Showtime to that list, plus CBS All Access … an over-the-top-television venue that's gaining some traction, leveraging a rebooted Star Trek series. * 10 A-Rated Stocks the Smart Money Is Piling Into The catch? For regulatory reasons, neither foreign organizations nor owners of rival networks would be allowed to own CBS. It would have to be a company that's not directly in the same business. Source: Flickr ### Meredith Corporation (MDP) Meredith Corporation (NYSE:MDP) may not be a household name, but its publications are. This is the company behind magazines like Time, Sports Illustrated, People, In Style and more. It also owns several TV channels and, of course, websites that correspond with many of its magazines. It would be a nice addition for a semi-related players to garner exposure to the print world with some of the industry's most recognizable publications; a suitor would also enjoy exposure to localized television viewers at a scale that matters. That's not the core reason Meredith is one of a handful of publishing stocks that could soon be snatched up, however. The underlying reason is, Meredith has already demonstrated it's willing to buy, sell and deal as way of optimizing its enterprise. Case in point: Just a few months after buying Time magazine in late 2017, it was rumored to be mulling a sale of it along with Sports Illustrated. If it's distressed, the company may tacitly be holding itself out for sale to a buyer better positioned to leverage its brands. Source: Flickr ### E. W. Scripps (SSP) E. W. Scripps (NASDAQ:SSP) has been pegged as a buyout target for years now, but little on that front has ever transpired. That, however, could be about to change. Though started as a newspaper group decades ago, E. W. Scripps got entirely out of that business -- via a sale to the aforementioned Gannett -- to focus entirely on television. Now it owns 36 television stations and operates a handful of nationally syndicated networks viewable via traditional cable television or online. Scripps isn't afraid to reconfigure itself. The move out of the newspaper business and the spinoff of Scripps Network Interactive verifies that idea. The challenge has been the restriction on how the heirs to the company can sell their stakes, even if they chose to do so. More than 90% of the company's shareholder voting power is controlled by the Scripps family, which traditionally has been compelled to keep the business within the family. * 7 Stocks at Risk of the Global Smartphone Slowdown As time passes, though, the family is experiencing more and more pushback from activist investors like Mario Gabelli, who makes an increasingly convincing argument that the company can't continue on as-is. Source: (C)iStock.com/vaximilian ### New Media Investment Group (NEWM) In some regards, New Media Investment Group (NYSE:NEWM) is a prototype for the future of the printed newspaper. The days of the standalone newspaper are gone. They simply can't compete with the web on their own, particularly when aiming to create enough interesting content to produce a daily publication. Local or regional news is labor intensive, and too expensive if costs can't be shared. New Media Investment Group tackles that problem head-on, having aggregated 145 localized daily newspapers and 325 more surprisingly viable weekly newspapers. It also publishes so-called "Shoppers" that promote local businesses. Yet, the company knows that a newspaper in and of itself isn't enough. The key to a successful publishing business is rounding that product out with an online service that further helps local business connect with consumers through the internet. ThriveHive is that vehicle. More than that, though, New Media Investment Group is able to turn a consistent (even if less-than-thrilling) profit. ### S&P Global (SPGI) You'll know S&P Global (NYSE:SPGI) better as Standard & Poor's. Contrary to popular belief, Standard & Poor's is more than just market indices and basic research on publicly traded companies. S&P Global is a full-blown provider of data and written insight on market-related matters. Granted, its target audience isn't the average newspaper reader or television viewer -- it's the people who often discuss equity markets and the economy with consumers and investors. Information is power, though, and those people are willing to pay a premium for the information that allows them to position themselves as an expert. * Morgan Stanley: 7 Risky Stocks to Sell Now It would take a highly specialized buyer to successfully use S&P Global's unique platform and create synergy with it. But as vertical and horizontal dividing lines are blurred, it's not a stretch to suggest someone could want to plug into the well-established and profitable brand name. Source: (C)iStock.com/LincolnRogers ### Cision (CISN) Finally, add Cision (NYSE:CISN) to your list of publishing stocks that may end up being acquired if the Gannett deal kicks off a deal-making race. Cision may ring a bell as a distributor of press releases, though that's far from all it does. Indeed, that's only a superficial piece of its platform. While investors and consumers may merely be reviewing a news release, Cision is turning each and every one of those views into information that can be packaged and sold to client companies. Better still, the company's platform lets client companies measure the impact of their publicity efforts. It's not quite "media" in the traditional sense of the word, but as has been mentioned, the lines between entertainment and news have been erased. Press releases and third-party commentaries become part of a bigger online identity, all of which has to be managed. Analysts, even if not investors, are starting to see the value of such a service and valuing CISN stock richly as a result. Citi analyst Tyler Radke commented last year "We also see a call option on a critical trend in digital marketing -- the shift to 'earned' media, which is tracking and measuring the impact of bloggers, social influencers, etc. This is not in the numbers and we believe modest success here could support a $29 bull case." The next step is a publishing giant recognizing the potential of these tools when combined with more traditional media and publishing options. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post 7 Media Stocks That Make Prime M&A Targets appeared first on InvestorPlace.

  • Hedge Funds Are Crazy About New Media Investment Group Inc (NEWM)
    Insider Monkey5 months ago

    Hedge Funds Are Crazy About New Media Investment Group Inc (NEWM)

    Concerns over rising interest rates and expected further rate increases have hit several stocks hard since the end of the third quarter. NASDAQ and Russell 2000 indices are already in correction territory. More importantly, Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in the first half of […]