Meredith Corp. (MDP)

57.08
0.12 0.21
NYSE : Consumer Services
Prev Close 56.96
Open 56.98
Day Low/High 56.15 / 57.16
52 Wk Low/High 47.30 / 62.40
Volume 132.74K
Avg Volume 416.10K
Exchange NYSE
Shares Outstanding 39.98M
Market Cap 2.71B
EPS 1.80
P/E Ratio N/A
Div & Yield 2.30 (3.85%)
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.

MDP August 18th Options Begin Trading

Investors in Meredith Corp saw new options become available today, for the August 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MDP options chain for the new August 18th contracts and identified one put and one call contract of particular interest.

Time Inc. Lays Off 300 People as Part of Publisher's Shift to Digital

Time Inc. Lays Off 300 People as Part of Publisher's Shift to Digital

CEO Rich Battista said the layoffs are the result of shifting the publisher's emphasis online.

Nearly One In Four New And Expectant Parents Have Never Heard Of Invasive Pneumococcal Disease According To A New Survey

Pfizer Inc. (NYSE:PFE), in partnership with Parents magazine (NYSE:MDP), announced today the results of a national survey of more than 2,000 new and expectant parents assessing their knowledge of childhood infectious...

Time Pledges Cuts, Asset Sales, but Advertising Remains a Concern

Time Pledges Cuts, Asset Sales, but Advertising Remains a Concern

Shares in the magazine publisher fall after it cuts its dividend and pledges to sell certain assets to fund new digital ventures.

Time Shares Tumble After Publisher Calls Off Sale Talks

Time Shares Tumble After Publisher Calls Off Sale Talks

The magazine publisher chooses to pursue its own turnaround strategy and walks away from a process that had been dominated by rumors of a Meredith tie-up.

Expect Time Shares to Drop If No Sale Proceeds

Expect Time Shares to Drop If No Sale Proceeds

The magazine publisher ultimately may decide not to sell, in which case CEO Rich Battista can be expected to invest more in the company's new digital platforms.

Meredith's Offer to Acquire Time Misses Price Expectations

Meredith's Offer to Acquire Time Misses Price Expectations

Time Inc. wants to sells itself for $20 per share.

Time Inc. Moving Closer to Sale

Time Inc. Moving Closer to Sale

The sale of the entire company is more likely than not, according to Bloomberg.

Interesting MDP Put And Call Options For May 19th

Investors in Meredith Corp saw new options begin trading today, for the May 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MDP options chain for the new May 19th contracts and identified one put and one call contract of particular interest.

Meredith Eyeing Time Inc. Takeover

Meredith Eyeing Time Inc. Takeover

A bid for Time Inc. from Meredith could come as early as today.

Meredith Buying Time May Be Its Safest Route to Really Going Digital

Meredith Buying Time May Be Its Safest Route to Really Going Digital

Time has begun to show signs that legacy print publishers can transition to digital from print, but merging with Meredith may be the best way to get there.

Time Should Look to Axel Springer for Road Map

Time Should Look to Axel Springer for Road Map

Whether Time is sold or remains independent, its new owner will be tasked with accelerating the 95-year-old company's digital transition. Axel Springer offers a model for getting there.

TheStreet Quant Rating: B+ (Buy)