MDP - Meredith Corporation

NYSE - NYSE Delayed Price. Currency in USD
53.76
+0.77 (+1.45%)
At close: 4:02PM EDT
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Previous Close52.99
Open53.15
Bid53.74 x 1000
Ask53.75 x 800
Day's Range52.83 - 54.01
52 Week Range47.46 - 62.40
Volume234,017
Avg. Volume361,714
Market Cap2.467B
Beta (3Y Monthly)1.31
PE Ratio (TTM)N/A
EPS (TTM)-0.05
Earnings DateAug 8, 2019 - Aug 12, 2019
Forward Dividend & Yield2.30 (4.28%)
Ex-Dividend Date2019-05-30
1y Target Est60.33
Trade prices are not sourced from all markets
  • PR Newswire7 days ago

    Meredith Corporation Announces 2019 Meredith Excellence Awards Winners

    Winners were chosen by an independent panel of judges and represent the best of the best in editorial and marketing DES MOINES, Iowa , June 13, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; www.meredith.com ...

  • Bloomberg8 days ago

    When a Ponzi Scheme and Bond Protections Collide

    “All marketing efforts for Clearwater Cay will be coordinated through Cay Clubs,” according to bond documents, which also state that the developer “believes this to be a unique offering of resort services and amenities that will be unmatched in this area.” Those luxury amenities, like a water park and gondola-lined canal, are never built. In February 2016, Dave Clark, former chief executive officer of Cay Clubs, is sentenced to 40 years in prison because the company “came to operate as a Ponzi scheme,” according to the Justice Department. Evidence showed it experienced serious financial difficulties by “at least September 2006,” or two months before the district’s bond sale. All the while, you, the condo owner, are paying about $1,500 a year in assessments on your property to repay those bonds.

  • PR Newswire10 days ago

    National Media Group President Jon Werther To Leave Meredith

    "We thank Jon for his numerous accomplishments in his six years of service to Meredith, and wish him well in the future," said Meredith President and Chief Executive Officer Tom Harty. Harty said that Meredith does not plan to immediately fill the position, and that the group's senior leadership team will now report directly to him.  Harty previously served as Meredith National Media Group President from 2010 to 2016.

  • PR Newswire10 days ago

    EatingWell Announces The 2019 Winners Of Its Third Annual American Food Heroes Awards

    List Recognizes Top 10 Food Industry Leaders and Visionaries NEW YORK and SHELBURNE, Vt ., June 10, 2019 /PRNewswire/ -- Today Meredith Corporation's (NYSE: MDP:  Meredith.com )  EatingWell magazine announced ...

  • Markit10 days ago

    See what the IHS Markit Score report has to say about Meredith Corp.

    Meredith Corp NYSE:MDPView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is high * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is extremely high for MDP with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MDP. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.28 billion over the last one-month into ETFs that hold MDP are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant 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.

  • Meredith Announces Reimagining Of Entertainment Weekly Brand
    PR Newswire14 days ago

    Meredith Announces Reimagining Of Entertainment Weekly Brand

    "Entertainment Weekly remains one of the most trusted brands in the entertainment industry, and we plan to deepen our connection with our loyal fans," said Bruce Gersh, President of the Meredith Entertainment Group that includes PEOPLE, Entertainment Weekly and People en Español. "With the vision and experience to produce premium entertainment content, JD Heyman is the perfect choice as we reimagine the EW brand for accelerated growth and success.

  • PR Newswire17 days ago

    Meredith To Present At Gabelli & Company Investor Conference

    DES MOINES, Iowa , June 3, 2019 /PRNewswire/ -- Meredith Corporation (NYSE: MDP; meredith.com), the leading media and marketing company with national brands serving 175 million unduplicated Americans — ...

  • Nutanix (NTNX) Q3 Earnings Top, Revenues Miss Estimates
    Zacks20 days ago

    Nutanix (NTNX) Q3 Earnings Top, Revenues Miss Estimates

    Nutanix's (NTNX) third-quarter fiscal 2019 results benefit from continued growth in customer base. However, slower sales cycles hurt the top line.

  • Allrecipes June/July Issue Unveils Further Digital And Print Innovation With Exclusive Audio Unlocked Through SmartCodes
    PR Newswire22 days ago

    Allrecipes June/July Issue Unveils Further Digital And Print Innovation With Exclusive Audio Unlocked Through SmartCodes

    Although past 2019 issues have led consumers to digital recipes, e‑commerce experiences and videos through SmartCodes, audio content now adds another dimension to the brand's SmartCode offerings. In the past six months, consumer interaction with SmartCodes are up 10x with thousands of scans per title. The voice behind the content to audio SmartCodes, Elise Mayfield, is star of Allrecipes' new hilarious and informative IGTV series, "Smart Cookie." Mayfield is featured in this issue's "Cook to Follow" editorial feature and is an active member of the Allrecipes community of home cooks.

  • Women outpace men on the cover of Time
    American City Business Journals22 days ago

    Women outpace men on the cover of Time

    Four of the six covers for Time's 100 Most Influential People featured women, and four featured people of color.

  • Sports Illustrated magazine sold for $110 million
    Associated Press23 days ago

    Sports Illustrated magazine sold for $110 million

    Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the website SI.com for at least two years. Its editor and publisher are staying on, and the magazine will have editorial independence.

  • Associated Press23 days ago

    Fiat, Seaworld rise; Meredith, Kraft Heinz slip

    Stocks that moved substantially or traded heavily on Tuesday: Total System Services Inc., up $5.39 to $118.84 The payments processing company is being bought by Global Payments in an all-stock deal valued ...

  • Benzinga23 days ago

    Meredith Sells Sports Illustrated To Authentic Brands Group For $110M

    The purchase includes Sports Illustrated’s associated brands including Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV. The transaction doesn't include the FanSided digital platform, which Meredith is still in the process of selling. "We are honored to welcome Sports Illustrated to the ABG family," said Jamie Salter, CEO of Authentic Brands Group.

  • Companies to Watch: Potential new listing for Alibaba, partial victory for AB InBev, Tesla to announce pricing in China
    Yahoo Finance23 days ago

    Companies to Watch: Potential new listing for Alibaba, partial victory for AB InBev, Tesla to announce pricing in China

    Alibaba, AB InBev, Tesla, Disney and Authentic Brands Group are the companies to watch.

  • Meredith sells Sports Illustrated brand for $110 million
    American City Business Journals23 days ago

    Meredith sells Sports Illustrated brand for $110 million

    Meredith Corp. sold the intellectual property of Sports Illustrated to Authentic Brands Group (ABG) for $110 million. Des Moines, Iowa-based Meredith (NYSE: MDP) said Sunday that ABG bought "the marketing, business development and licensing functions for the Sports Illustrated intellectual property and brand, while the print magazine and SI.com will maintain editorial independence and continue to operate under the leadership of Meredith." The deal means that ABG believes the biggest asset of Sports Illustrated is its brand name. "As one of the most iconic brands in sports media, SI is a cultural centerpiece with massive opportunities for growth across its burgeoning digital, TV and social platforms and industry-leading print magazine.

  • TheStreet.com23 days ago

    Authentic Brands Buys Sports Illustrated From Meredith for $110 Million

    finalized the sale of the Sports Illustrated brands and license to operate the fabled Sports Illustrated print magazine to privately held Authentic Brands Group for $110 million. As part of the deal, Authentic Brands will acquire all Sports Illustrated associated brands including Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV. The transaction doesn't include the FanSided digital platform, which Meredith is currently in the process of selling.

  • CNBC23 days ago

    Stocks making the biggest moves premarket: Fiat Chrysler, Uber, Alibaba, Beyond Meat & more

    Fiat Chrysler FCA-IT — Fiat Chrysler is seeking a merger with French automaker Renault, in a deal that would see each side take a 50% stake in a merged entity. Uber UBER — Uber announced that Ryan Graves has resigned from its board of directors. Graves was the first employee hired by Uber and briefly served as the ride-hailing company's CEO.

  • Reuters23 days ago

    Meredith sells Sports Illustrated to Authentic Brands to further digital push

    The companies also formed a strategic partnership to build a global media platform and develop broad-based licensing programs under the Sports Illustrated brand that will include product, original content and live events. The purchase includes New York-headquartered Authentic Brands getting the intellectual property of the iconic magazine that will comprise of Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV, the companies said in a statement.

  • Here's what the Sports Illustrated sale to a marketing company means for the brand
    Yahoo Finance Video23 days ago

    Here's what the Sports Illustrated sale to a marketing company means for the brand

    The brand and intellectual property of Sports Illustrated have been sold to Authentic Brands, a marketing company, for $110 million. Yahoo Finance's Dan Roberts joins Julie Hyman and Adam Shapiro to discuss what it means for readers and SI's writers.

  • Sports Illustrated brand sold to Authentic Brands Group for $110 million
    Yahoo Finance Video23 days ago

    Sports Illustrated brand sold to Authentic Brands Group for $110 million

    Sports Illustrated's brand was just sold to Authentic Brands Group for $110 million. Yahoo Finance's Dan Roberts, Myles Udland and Melody Hahm discuss.

  • Oklahoma accuses Johnson & Johnson of fueling the opioid epidemic
    CNBC Videos23 days ago

    Oklahoma accuses Johnson & Johnson of fueling the opioid epidemic

    In the first big civil trial in the opioid crisis, Oklahoma is accusing Johnson and Johnson of fueling the state's widespread opioid crisis, in part through a tablet called Nucynta. CNBC's "Squawk Box" reports.

  • The Pre-Markets Rundown: May 28, 2019
    CNBC Videos23 days ago

    The Pre-Markets Rundown: May 28, 2019

    CNBC brings you fast, accurate, and actionable business news and market updates.