Meredith Corp. (MDP)

35.48
0.15 0.42
NYSE : Consumer Services
Prev Close 35.33
Open 35.45
Day Low/High 35.31 / 35.94
52 Wk Low/High 30.69 / 62.40
Volume 456.57K
Avg Volume 659.00K
Exchange NYSE
Shares Outstanding 40.14M
Market Cap 1.59B
EPS -0.70
P/E Ratio 30.97
Div & Yield 2.30 (6.63%)
Why a Sale of Time, Fortune and Sports Illustrated is a Matter of When, Not If

Why a Sale of Time, Fortune and Sports Illustrated is a Matter of When, Not If

After picking up the Time Inc. publications, Meredith will sell Sports Illustrated, Fortune and Time magazine. The only question is how soon.

Political Tussle Rattles CFPB; Traders Await OPEC Meeting -- ICYMI

Political Tussle Rattles CFPB; Traders Await OPEC Meeting -- ICYMI

Here's what you need to know now for Monday, Nov. 27.

Meredith Makes Claim There's Still Value in the Magazine Business

Meredith Makes Claim There's Still Value in the Magazine Business

Meredith aims to be an acquirer as three companies come to dominate the U.S. magazine business.

Dow Finishes With Small Gains; S&P 500 and Nasdaq Decline

Dow Finishes With Small Gains; S&P 500 and Nasdaq Decline

The S&P 500 was on the verge of setting a new record, but fell short at the end.

Energy Sector Selloff Makes S&P 500 Record a Toss-Up

Energy Sector Selloff Makes S&P 500 Record a Toss-Up

The Dow and S&P 500 could close at record highs on Monday.

7 Big Questions as Meredith Seals Deal for Time Inc.

7 Big Questions as Meredith Seals Deal for Time Inc.

CEO Steve Lacy says the megamerger is all about scale to compete against the duopoly of Google and Facebook, but is it enough scale? And what follow-on deals -- buying or selling -- may follow?

Stocks Jump to Fresh Highs as Retailers Capitalize on Cyber Monday Successes

Stocks Jump to Fresh Highs as Retailers Capitalize on Cyber Monday Successes

As traders return from a long Thanksgiving weekend, stocks surge to fresh intraday highs.

Stock Futures Waver on a Cyber Monday That Could Shatter Sales Records

Stock Futures Waver on a Cyber Monday That Could Shatter Sales Records

As traders return from a long Thanksgiving weekend, stock futures suggest Wall Street could open mixed on Monday.

Meredith Bets $2.8 Billion That Time Merger Can Pressure Facebook, Google

Meredith Bets $2.8 Billion That Time Merger Can Pressure Facebook, Google

Meredith's proposed $2.8 billion acquisition of its fellow magazine publisher is a wager that together the two legacy print companies can stake out a slice of the digital advertising pie.

5 Brands You Didn't Know Were Owned by Time Inc.

5 Brands You Didn't Know Were Owned by Time Inc.

Can all of Time's numerous brands survive if its $2.8 billion deal to be acquired by Meredith comes to fruition.

Amazon, Bitcoin, Meredith and Time - 5 Things You Must Know

Amazon, Bitcoin, Meredith and Time - 5 Things You Must Know

U.S. stock futures suggest Wall Street will see gains on Monday, as investors return to their trading desks after many took a long Thanksgiving weekend.

Meredith Will Acquire Time Inc. in a Deal Backed by Koch Brothers

Meredith Will Acquire Time Inc. in a Deal Backed by Koch Brothers

Meredith Corporation pulls the trigger on a huge media deal that will surely get the publishing industry talking.

Meredith Acquires Time and Investors Pull Cash -- This Is What You Need to Know

Meredith Acquires Time and Investors Pull Cash -- This Is What You Need to Know

Wall Street futures drift into the red as investors pulled cash from global equity markets amid concerns that tech sector shares could be due for a correction

Meredith Pays $2.8 Billion for Time Inc. -- No Board Seat for Koch Brothers

Meredith Pays $2.8 Billion for Time Inc. -- No Board Seat for Koch Brothers

Meredith Corporation pulls the trigger on a huge media deal that will surely get the publishing industry talking.

Media Deals on Ice as Trump's DOJ Sues to Stop AT&T-Time Warner

Media Deals on Ice as Trump's DOJ Sues to Stop AT&T-Time Warner

Given recent FCC decisions, the media industry appeared poised for a series of historic mergers and acquisitions -- until the Justice Department showed up.

MDP Crosses Above Average Analyst Target

MDP Crosses Above Average Analyst Target

In recent trading, shares of Meredith Corp have crossed above the average analyst 12-month target price of $60.50, changing hands for $60.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Picking Apart Media's Big Thursday Starring Fox, Time Inc. and the FCC

Picking Apart Media's Big Thursday Starring Fox, Time Inc. and the FCC

As media companies surrender to the truth of the Google/Facebook duopoly and face the Netflix era in global entertainment, bigger is not only better -- it may be the only way forward.

Cisco Drives Tech Gains and Nasdaq to Record, House Passes GOP Tax Bill

Cisco Drives Tech Gains and Nasdaq to Record, House Passes GOP Tax Bill

A better-than-expected quarter from Cisco Systems Inc. drives gains in the tech sector and pushes the Nasdaq to a closing high.

Wall Street Rallies as GOP Tax Plan Clears House; Walmart and Cisco Surge

Wall Street Rallies as GOP Tax Plan Clears House; Walmart and Cisco Surge

Stocks finish sharply higher on Thursday as positive earnings from Walmart and Cisco give their shares a boost.

Walmart and Cisco Drive Dow Higher, House Passes GOP Tax Cut Bill

Walmart and Cisco Drive Dow Higher, House Passes GOP Tax Cut Bill

Stocks are sharply higher on Thursday as positive earnings from Walmart and Cisco give their shares a boost.

Time Inc. May Be Headed for a Sale to Meredith With Help From Koch Brothers

Time Inc. May Be Headed for a Sale to Meredith With Help From Koch Brothers

Time Inc. is said to be in advanced talks to sell the publisher to Meredith and the Koch Brothers.

Mattel, Time, Cisco and Nelson Peltz - 5 Things You Must Know

Mattel, Time, Cisco and Nelson Peltz - 5 Things You Must Know

U.S. stock futures suggest Wall Street will rebound on Thursday.

Are the Koch Brothers Backing a Deal Between Time & Meredith?

Are the Koch Brothers Backing a Deal Between Time & Meredith?

Time is reportedly in talks with Meredith again

Report: Koch Brothers Backing Deal for Meredith to Buy Time

Report: Koch Brothers Backing Deal for Meredith to Buy Time

The Koch brothers reportedly are backing a deal for Time to sell itself to Meredith Corp.

REPEAT/Gabelli & Company's Broadcasting Symposium

REPEAT/Gabelli & Company's Broadcasting Symposium

Gabelli & Company will host a Broadcasting Symposium on Tuesday, August 15, 2017 in New York City.

Would AT&T Really Dump the Time Warner Brand?

Would AT&T Really Dump the Time Warner Brand?

Tossing the Time Warner name from the marquee would mark a big change from one of the telecom's formative deals.

Why Gannett Should Take Another Stab at Tronc

Why Gannett Should Take Another Stab at Tronc

Shares in the former Tribune Publishing have slumped, and its chairman has tried and failed to twice to acquire new properties. Might this be time to restart talks with Gannett?

Meredith Reaches Analyst Target Price

Meredith Reaches Analyst Target Price

In recent trading, shares of Meredith Corp have crossed above the average analyst 12-month target price of $60.62, changing hands for $61.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Gabelli & Company's Broadcasting Symposium

Gabelli & Company's Broadcasting Symposium

Gabelli & Company will host a Broadcasting Symposium on Tuesday, August 15, 2017 in New York City.

Tegna Shaping Up to Be Attractive Acquisition Target Following Court Ruling

Tegna Shaping Up to Be Attractive Acquisition Target Following Court Ruling

As rules on station ownership have loosened, Tegna is the biggest potential target around.

TheStreet Quant Rating: C (Hold)