TRCO - Tribune Media Company

NYSE - Nasdaq Real Time Price. Currency in USD
46.66
0.00 (0.00%)
At close: 4:00PM EDT
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Previous Close46.66
Open46.67
Bid0.00 x 1400
Ask0.00 x 45100
Day's Range46.66 - 46.67
52 Week Range36.66 - 46.68
Volume850,733
Avg. Volume1,001,750
Market Cap4.125B
Beta (3Y Monthly)0.02
PE Ratio (TTM)11.40
EPS (TTM)4.09
Earnings DateNov 7, 2019 - Nov 11, 2019
Forward Dividend & Yield1.00 (2.14%)
Ex-Dividend Date2019-08-16
1y Target Est46.25
Trade prices are not sourced from all markets
  • PR Newswire

    Scripps closes acquisition of eight TV stations from Nexstar-Tribune merger divestitures

    CINCINNATI , Sept. 19, 2019 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has closed its acquisition of eight television stations in seven markets divested from the Nexstar Media Group, Inc. (NASDAQ: ...

  • Business Wire

    Nexstar Media Group Completes Tribune Media Acquisition Creating the Nation’s Largest Local Television Broadcaster

    Nexstar Media Group, Inc. (NXST) (“Nexstar”) announced today that it completed its previously announced acquisition of Tribune Media Company (TRCO) (“Tribune Media”) in an accretive transaction valued at approximately $7.2 billion including the assumption of Tribune Media’s outstanding debt (the “Tribune Transaction”). Pursuant to the merger agreement, Nexstar acquired all outstanding shares of Tribune Media for $46.687397 per share in cash, inclusive of $0.187397 per share to reflect the final closing date relative to the August 31, 2019 targeted closing date.

  • PR Newswire

    Tribune Media Statement on FCC Approval of Nexstar Transaction

    CHICAGO , Sept. 16, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) issued the following statement regarding today's announcement by the Federal Communication Commission that it has approved the ...

  • Reuters

    UPDATE 2-U.S. FCC approves Nexstar Media deal to buy Tribune Media

    The Federal Communications Commission on Monday said it voted to approve Nexstar Media Group Inc's acquisition of Tribune Media Co in a $6.4 billion deal. The 3-to-2 vote follows the U.S. Justice Department's announcement in July that it had approved the deal, saying the companies had to divest television stations in 13 markets to resolve antitrust concerns. Nexstar said in December it had agreed to buy Chicago-based Tribune for $4.1 billion in a deal valued at $6.4 billion, including debt, that would make it the largest regional U.S. television station operator.

  • Reuters

    UPDATE 1-U.S. FCC chair Pai seeks approval for Nexstar-Tribune merger

    Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc's acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said. Last month, the U.S. Justice Department approved the deal, saying the companies must divest television stations in 13 markets to resolve antitrust concerns. Pai's order circulated Friday needs the consent of a majority of the five-member FCC.

  • CBS outlet in Chicago dealt big blow in August news ratings derby
    American City Business Journals

    CBS outlet in Chicago dealt big blow in August news ratings derby

    Channel 2's late local newscast already was struggling, and new woes just recently resolved only look to have made the situation worse.

  • PR Newswire

    Covers.com Introduces Four New Handicappers To Their Experts Roster

    NOW SPORTS BETTORS GET EVEN MORE INNOVATIVE SERVICES GALWAY , Ireland , Aug. 27, 2019 /PRNewswire/ -- Covers.com , the leader in sports betting information* and advice since 1995, is excited to announce ...

  • Sinclair closes $10.6B acquisition of Fox regional sports networks
    American City Business Journals

    Sinclair closes $10.6B acquisition of Fox regional sports networks

    The portfolio's extensive footprint includes exclusive local rights to 42 professional teams consisting of 14 MLB teams, 16 NBA teams and 12 NHL teams.

  • Benzinga

    Tribune Media Reports Mixed Q2 Earnings

    Tribune Media (NYSE: TRCO ) reported second-quarter earnings of 79 cents per share, which beat the analyst consensus estimate of 73 cents by 8.22%. This is a 17.71% decrease over earnings of 96 cents per ...

  • MarketWatch

    Tribune Media beats profit expectations, but revenue falls shy

    Tribune Media Co. reported Friday a second-quarter profit that beat expectations but revenue that fell shy, weighed down by a decline in political advertising TV revenue. Net income fell to $63.7 million, or 71 cents a share, from $84.4 million, or 96 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS declined to 79 cents from 99 cents, but was above the FactSet consensus of 71 cents. Total revenue fell 1% to $484.0 million, just below the FactSet consensus of $484.3 million. TV and entertainment revenue slipped by $3.9 million, or 1%, to $482.6 million, as political advertising revenue fell $17.6 million and "other" revenue declined $6.4 million, while retransmission revenue rose $15.2 million, core ad revenue increased $2.2 million and digital ad revenue grew $2.9 million. The company said it would not provide 2019 guidance or conduct a post-results conference call, given the proposed acquisition of Nexstar. The stock, which was still inactive in premarket trading, has gained 2.6% year to date, while the S&P 500 has run up 17.2%.

  • PR Newswire

    Tribune Media Company Reports Second Quarter 2019 Results

    NEW YORK , Aug. 9, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) (the "Company") today reported its results for the three and six months ended June 30, 2019 . SECOND QUARTER 2019 FINANCIAL ...

  • TheStreet.com

    [video]Tribune Media Beats Second-Quarter Earnings Expectations

    TV outfit Tribune Media beat Wall Street's second-quarter earnings expectations. Wall Street was expecting earnings of 73 cents. Tribune is planning on merging with Nexstar Media Group , pending approval by regulators.

  • NY Times (NYT) Q2 Revenues Increase, Digital Subscribers Rise
    Zacks

    NY Times (NYT) Q2 Revenues Increase, Digital Subscribers Rise

    The New York Times Company (NYT) register higher digital-only subscriptions during the second quarter of 2019. The company has set a goal to reach 10 million total subscriptions by 2025.

  • PR Newswire

    Tribune Media Company To Report Second Quarter 2019 Financial Results

    NEW YORK , July 29, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) (the "Company") announced today that it will report financial results for the three months and six months ended June ...

  • Is Tribune Media (TRCO) a Worthy Pick for Value Investors?
    Zacks

    Is Tribune Media (TRCO) a Worthy Pick for Value Investors?

    Tribune Media (TRCO) stock may be a good choice for value-oriented investors right now from multiple angles.

  • TRCO vs. SIRI: Which Stock Is the Better Value Option?
    Zacks

    TRCO vs. SIRI: Which Stock Is the Better Value Option?

    TRCO vs. SIRI: Which Stock Is the Better Value Option?

  • Moody's

    Scripps (E.W.) Company (The) -- Moody's assigns B3 rating to E.W. Scripps' new 2027 notes

    Moody's Investors Service ("Moody's") affirmed Scripps (E.W.) Company (The)'s ("Scripps") B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR). Concurrently, Moody's upgraded the rating on the company's senior secured bank credit facility to Ba2 from Ba3 and affirmed the B3 rating on the company's senior unsecured notes.

  • Mudrick Capital Management’s Return, AUM, and Holdings
    Insider Monkey

    Mudrick Capital Management’s Return, AUM, and Holdings

    Twenty years ago, Jason Mudrick launched his own distressed credit and event driven-oriented hedge fund, Mudrick Capital Management. The fund is headquartered in New York City, and its current Chief Investment Officer is its founder. At the time of the launching, the fund had around $5 million of initial capital and over the years, it […]

  • FCC probes whether Sinclair misled agency during failed Tribune deal
    Reuters

    FCC probes whether Sinclair misled agency during failed Tribune deal

    Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co. In a June 25 letter to Sinclair posted Wednesday on the FCC’s website, the government agency's media bureau directed Sinclair to answer a series of questions by July 9. On Thursday, the letter had been removed from the FCC's website.

  • FCC opens probe into Sinclair disclosures on failed Tribune deal
    Reuters

    FCC opens probe into Sinclair disclosures on failed Tribune deal

    The Federal Communications Commission has opened a new investigation into whether Sinclair Broadcast Group Inc engaged in misrepresentations or a lack of candor in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co. Sinclair did not immediately respond to a Reuters request for comment. An administrative judge in March dropped a hearing into allegations that Sinclair, the largest U.S. broadcast station owner, may have misled regulators.