TRCO - Tribune Media Company

NYSE - NYSE Delayed Price. Currency in USD
46.09
+0.01 (+0.02%)
At close: 4:02PM EDT
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Previous Close46.08
Open46.09
Bid0.00 x 2200
Ask46.08 x 800
Day's Range46.05 - 46.15
52 Week Range31.61 - 46.46
Volume900,856
Avg. Volume786,174
Market Cap4.069B
Beta (3Y Monthly)-0.01
PE Ratio (TTM)10.63
EPS (TTM)4.34
Earnings DateAug 7, 2019 - Aug 12, 2019
Forward Dividend & Yield1.00 (2.17%)
Ex-Dividend Date2019-05-17
1y Target Est46.25
Trade prices are not sourced from all markets
  • TRCO or SIRI: Which Is the Better Value Stock Right Now?
    Zacks2 days ago

    TRCO or SIRI: Which Is the Better Value Stock Right Now?

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

  • TEGNA (TGNA) Q1 Earnings Beat Estimates, Revenues Up Y/Y
    Zacks13 days ago

    TEGNA (TGNA) Q1 Earnings Beat Estimates, Revenues Up Y/Y

    TEGNA's (TGNA) first-quarter 2019 results benefit from increase in subscription revenues, partially offset by lack of political, Olympic and Super Bowl revenues.

  • Associated Press13 days ago

    Tribune Media: 1Q Earnings Snapshot

    On a per-share basis, the Chicago-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were 60 cents per share. The operator of the WGN America network and local ...

  • PR Newswire13 days ago

    Tribune Media Company Reports First Quarter 2019 Results

    NEW YORK , May 10, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) (the "Company") today reported its results for the three months ended March 31, 2019 . FIRST QUARTER 2019 FINANCIAL ...

  • Media Stocks' Earnings Lineup for May 10: VIAB, SSP, TRCO
    Zacks14 days ago

    Media Stocks' Earnings Lineup for May 10: VIAB, SSP, TRCO

    Here are three media stocks scheduled to report quarterly results on May 10.

  • Markit16 days ago

    See what the IHS Markit Score report has to say about Tribune Media Co.

    Tribune Media Co NYSE:TRCOView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for TRCO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $3.00 billion over the last one-month into ETFs that hold TRCO are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. 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. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • PR Newswire24 days ago

    Tribune Media Company To Report First Quarter 2019 Financial Results

    NEW YORK , April 29, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) (the "Company") announced today that it will report financial results for the three months ended March 31, 2019 before ...

  • Here’s What Hedge Funds Think About Tribune Media Company (TRCO)
    Insider Monkey28 days ago

    Here’s What Hedge Funds Think About Tribune Media Company (TRCO)

    Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]

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  • IBD Stock Of The Day Gray Television Breaks Out After 119% Run
    Investor's Business Dailylast month

    IBD Stock Of The Day Gray Television Breaks Out After 119% Run

    Gray Television stock broke out Wednesday after a big run. It's one of several top media stocks amid a consolidation boom.

  • Paul Tudor Jones’ Tudor Investment Corp’s Return, AUM, and Holdings
    Insider Monkey2 months ago

    Paul Tudor Jones’ Tudor Investment Corp’s Return, AUM, and Holdings

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  • Moody's2 months ago

    Belo Corp. -- Moody's changes outlook on TEGNA to negative; affirms Ba2 CFR

    Moody's Investors Service ("Moody's") has today changed the outlook on TEGNA Inc.'s ("TEGNA") ratings to negative from stable following the company's announcement that it had entered into a definitive agreement to acquire eleven TV stations that are being divested as part of the Nexstar Broadcasting, Inc. ("Nexstar", B1 stable) acquisition of Tribune Media Company ("Tribune", B1 stable). Concurrently, Moody's has affirmed TEGNA's Ba2 corporate family rating (CFR) and Ba1-PD probability of default rating (PDR) as well as the Ba2 ratings on the company's senior unsecured notes -- including the 2027 unsecured notes issued by Belo Corp. - and the Ba2 rating on the senior unsecured credit facility.

  • Moody's2 months ago

    Scripps (E.W.) Company (The) -- Moody's Downgrades EW Scripps' CFR to B1; stable outlook

    Moody's Investors Service ("Moody's") has downgraded Scripps (E.W.) Company (The)'s ("Scripps") corporate family rating (CFR) to B1 from Ba3 and probability of default rating (PDR) to B1-PD from Ba3-PD. Concurrently, Moody's downgraded the rating on the company's senior secured bank credit facility (which includes the planned incremental term loan to fund the acquisition of Cordillera Communications) to Ba3 from Baa3 and the rating on the senior unsecured notes to B3 from B1.

  • American City Business Journals2 months ago

    Scripps to acquire South Florida TV station

    "This acquisition represents another step in our plan to improve the depth, reach and durability of our broadcast television station portfolio while adding nicely to the company's free cash flow generation,"

  • TheStreet.com2 months ago

    E.W. Scripps to Buy 8 TV Stations From Nexstar and Tribune Media

    The Cincinnati, Ohio-based Scripps said it will pay $505 million for six markets and $75 million for WPIX, the CW affiliate in New York City. Scripps said it plans to finance the acquisition with a mix of term loans and unsecured debt that will raise its total debt to $1.85 billion and leave it with a total leverage ratio net of cash of about five times at closing. In addition, Scripps said it granted Nexstar the option to buy back WPIX in New York City.

  • The Wall Street Journal2 months ago

    [$$] Nexstar Media to Sell 19 TV Stations

    Nexstar Media Group said it would shed 19 television stations in 15 markets for $1.32 billion in cash in a bid to help the media company win approval from federal regulators for its acquisition of Tribune ...

  • Reuters2 months ago

    Nexstar to sell 19 stations for $1.3 bln to complete Tribune purchase

    Nexstar Media Group is selling 19 television stations to Tegna Inc and E.W. Scripps Co for $1.3 billion to satisfy regulatory demands before it buys Tribune Media Co, it said on Wednesday. The TV station operator will sell 11 stations to Tegna for $740 million and eight to Scripps for $580 million in cash, as part of moves to comply with the U.S. Federal Communications Commission's conditions. Nexstar announced its purchase of peer Tribune for about $4.1 billion in cash in December, a deal that will make it the largest regional U.S. TV station operator.

  • Associated Press2 months ago

    Nexstar Media selling 19 TV stations for $1.32 billion

    Nexstar is selling 19 television stations for $1.32 billion as part of its buyout deal with Tribune Media. Nexstar agreed in December to buy Chicago's Tribune Media for about $4 billion. Part of that agreement requires Nexstar to sell certain television stations in order to comply with the FCC local and national television ownership rules and to get FCC and Justice Department approval of the Tribune Media transaction.

  • MarketWatch2 months ago

    E.W. Scripps stock jumps premarket on news to acquire 8 TV stations from Nexstar-Tribune

    Shares of The E.W. Scripps Co. soared 5% in premarket trade Wednesday, after the media company said it is acquiring eight TV stations in seven markets from the Nexstar Media Group Inc. and Tribune Media . Those two companies are selling assets as part of a plan to merge. E.W. Scripps said it will pay $505 million for six markets and $75 million for WPIX, the CW affiliate in New York City. The stations had blended revenue for 2017 to 2018 of $263 million and EBITDA of $56 million. The company is planning to finance the deal with a mix of term loans and unsecured debt, that will raise its total debt to $1.85 billion and leave it with a total leverage ratio net of cash of about 5 times at closing. The company is expecting the deal to expand its presence in Arizona, Florida, Michigan and New York and to add about 769 employees. The company has granted Nexstar the option to buy WPIX back from March 31, 2020 through the end of 2021. E.W. Scripps shares have gained 76% in the last 12 months, while the S&P 500 has gained 4%.

  • PR Newswire2 months ago

    Scripps to acquire eight television stations from Nexstar-Tribune merger divestitures

    CINCINNATI, March 20, 2019 /PRNewswire/ -- The E.W. Scripps Company (SSP) is acquiring eight television stations in seven markets from the Nexstar Media Group, Inc. (NXST) transaction with Tribune Media (TRCO) as it continues executing its plan to enhance the strength and operating performance of its Local Media portfolio. The acquisition grows the Scripps local television station footprint to 59 stations in 42 markets with a reach of nearly 30 percent of U.S. TV households. It also diversifies Scripps' network affiliations, adding two CBS stations, two Fox stations and four CWs.

  • Business Wire2 months ago

    Nexstar Media Group Enters into Definitive Agreements to Divest Nineteen Stations in Fifteen Markets for $1.32 Billion

    Planned Sales Reflects Nexstar’s Comprehensive Regulatory Compliance Plan to Secure Requisite Approvals for Tribune Media Company Transaction

  • PR Newswire2 months ago

    Tribune Media Company Stockholders Approve Nexstar Merger

    NEW YORK, March 12, 2019 /PRNewswire/ -- Tribune Media Company (the "Company") (TRCO) announced that at a special meeting held today, the stockholders of the Company voted overwhelmingly to approve the Company's previously announced acquisition by Nexstar Media Group, Inc. ("Nexstar"). More than 95 percent of the votes cast by the Company's Class A common stockholders and Class B common stockholders, voting as a single class, entitled to vote at the special meeting, voted to approve the merger, which represents approximately 73 percent of the shares of the Company's Class A common stock and Class B common stock outstanding as of the special meeting record date.  The Company will file a Form 8-K disclosing the full voting results.