TRCO - Tribune Media Company

NYSE - NYSE Delayed Price. Currency in USD
46.49
+0.10 (+0.22%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close46.39
Open46.50
Bid46.34 x 3000
Ask46.50 x 1000
Day's Range46.46 - 46.51
52 Week Range34.73 - 46.67
Volume871,997
Avg. Volume851,019
Market Cap4.104B
Beta (3Y Monthly)-0.03
PE Ratio (TTM)10.72
EPS (TTM)4.34
Earnings DateNov 7, 2019 - Nov 11, 2019
Forward Dividend & Yield1.00 (2.15%)
Ex-Dividend Date2019-05-17
1y Target Est46.25
Trade prices are not sourced from all markets
  • 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.

  • Klarman Bought 21st Century Fox in Q2: 13F
    Investopedia

    Klarman Bought 21st Century Fox in Q2: 13F

    Earlier this week, money managers at top hedge funds around the country submitted 13F filings with the U.S. Securities and Exchange Commission (SEC). Seth Klarman, the billionaire head of Baupost Group, is a favorite of those who closely follow the quarterly 13F releases, and for good reason: his firm's 13F filing for Q2 suggests that Baupost's 13F portfolio value climbed by more than $1 billion in that three-month period. Other new positions in Klarman's portfolio include Tribune Media Co. (TRCO) and Sinclair Broadcast Group Inc. (SBGI).

  • Is Tribune Media Company (TRCO) A Good Stock To Buy?
    Insider Monkey

    Is Tribune Media Company (TRCO) A Good Stock To Buy?

    The Insider Monkey team has completed processing the quarterly 13F filings for the March quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]

  • Is News Corp Looking to Offload News America Marketing Unit?
    Zacks

    Is News Corp Looking to Offload News America Marketing Unit?

    News Corp (NWSA) is exploring options for sale of News America to focus on its core businesses.

  • PR Newswire

    Covers.com Celebrates Their $25,000 Streak Survivor Contest Winner

    CHICAGO, June 19, 2019 /PRNewswire/ -- Covers.com, the leader in free-to-play sports betting contests, celebrated a milestone over the weekend when their contest player 'mctrap' got 21 consecutive wins in the Streak Survivor contest. Streak Survivor is Covers.com's sports betting contest for new and experienced sports bettors alike, where players can test their handicapping skills on most major sports. As exciting as this achievement is, mctrap's streak isn't over yet: he's now only four winning picks away from the $100,000 grand prize, which hasn't been won since 2007.

  • Moody's

    Media General Financing Sub, Inc -- Moody's Affirms Nexstar's B1 CFR, assigns B3 rating to new 2027 unsecured notes; outlook stable

    Moody's Investors Service ("Moody's") today affirmed the B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR) of Nexstar Broadcasting, Inc. (Nexstar). Moody's also assigned Ba3 ratings to the proposed $700 million Term Loan A and $3,040 million Term Loan B and a B3 to the proposed $1,120 million in senior unsecured notes due 2027.

  • New Strong Buy Stocks for June 17th
    Zacks

    New Strong Buy Stocks for June 17th

    New Strong Buy Stocks for June 17th

  • New Strong Buy Stocks for Jun 13th
    Zacks

    New Strong Buy Stocks for Jun 13th

    New Strong Buy Stocks for Jun 13th

  • Reuters

    UPDATE 1-Zell, other former Tribune executives reach $200 mln settlement over LBO

    Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout. Marc Kirschner, a litigation trustee representing Tribune creditors, filed the proposed settlement on May 31 with the U.S. bankruptcy court in Wilmington, Delaware. Lawyers for Zell and FitzSimons did not immediately respond on Wednesday to requests for comment.