How to buy Meredith Corporation stock

Meredith Corporation is a publishing business based in the US. Meredith Corporation shares (MDP) are listed on the NYSE and all prices are listed in US Dollars. Meredith Corporation employs 5,290 staff and has a trailing 12-month revenue of around 0.00.

Meredith Corporation share price

Use our graph to track the performance of MDP stocks over time.

Meredith Corporation shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$10.01 - $37.50
50-day moving average	$32.19
200-day moving average	$22.33
Wall St. target price	$29.75
PE ratio	30.4318
Dividend yield	$0.595 (1.91%)
Earnings per share (TTM)	$-0.70

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Is it a good time to buy Meredith Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Meredith Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Meredith Corporation under- or over-valued?

Valuing Meredith Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meredith Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Meredith Corporation's P/E ratio

Meredith Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Meredith Corporation shares trade at around 30x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Meredith Corporation's PEG ratio

Meredith Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.23. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meredith Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Meredith Corporation's EBITDA

Meredith Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $680.4 million.

The EBITDA is a measure of a Meredith Corporation's overall financial performance and is widely used to measure a its profitability.

Meredith Corporation financials

Revenue TTM	$2.9 billion
Operating margin TTM	16.42%
Gross profit TTM	$1.8 billion
Return on assets TTM	4.99%
Return on equity TTM	-8.85%
Profit margin	-3%
Book value	$13.37
Market capitalisation	$1.4 billion

TTM: trailing 12 months

Shorting Meredith Corporation shares

There are currently 3.3 million Meredith Corporation shares held short by investors – that's known as Meredith Corporation's "short interest". This figure is 11% down from 3.7 million last month.

There are a few different ways that this level of interest in shorting Meredith Corporation shares can be evaluated.

Meredith Corporation's "short interest ratio" (SIR)

Meredith Corporation's "short interest ratio" (SIR) is the quantity of Meredith Corporation shares currently shorted divided by the average quantity of Meredith Corporation shares traded daily (recently around 544328.87788779). Meredith Corporation's SIR currently stands at 6.06. In other words for every 100,000 Meredith Corporation shares traded daily on the market, roughly 6060 shares are currently held short.

However Meredith Corporation's short interest can also be evaluated against the total number of Meredith Corporation shares, or, against the total number of tradable Meredith Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Meredith Corporation's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Meredith Corporation shares in existence, roughly 70 shares are currently held short) or 0.1251% of the tradable shares (for every 100,000 tradable Meredith Corporation shares, roughly 125 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Meredith Corporation.

Find out more about how you can short Meredith Corporation stock.

Meredith Corporation share dividends

We're not expecting Meredith Corporation to pay a dividend over the next 12 months.

Have Meredith Corporation's shares ever split?

Meredith Corporation's shares were split on a 2:1 basis on 17 March 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Meredith Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Meredith Corporation shares which in turn could have impacted Meredith Corporation's share price.

Meredith Corporation share price volatility

Over the last 12 months, Meredith Corporation's shares have ranged in value from as little as $10.01 up to $37.5. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Meredith Corporation's is 2.3806. This would suggest that Meredith Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Meredith Corporation overview

Meredith Corporation operates as a diversified media company primarily in the United States. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands through various media platforms, including print magazines, digital and mobile media, brand licensing activities, database-related activities, affinity marketing, and business-to-business marketing products and services. It publishes media in entertainment, food, lifestyle, parenting, and home categories, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and other brands, as well as 300 special interest publications under approximately 70 brands. This segment operates approximately 50 Websites and applications. It is also involved in the brand licensing, affinity marketing, third-party marketing, consumer database, and other related operations, as well as provision of magazine advertising and circulation, digital and customer relationship marketing, other custom publishing project, and ancillary products and services. In addition, this segment operates The Foundry 360, a creative content studio, which develops content marketing programs across various platforms comprising native advertising that enable clients to engage new consumers and build long-term relationships with existing customers for a range of industries.

Frequently asked questions

• What percentage of Meredith Corporation is owned by insiders or institutions?

  Currently 2.66% of Meredith Corporation shares are held by insiders and 95.815% by institutions.

• How many people work for Meredith Corporation?

  Latest data suggests 5,290 work at Meredith Corporation.

• When does the fiscal year end for Meredith Corporation?

  Meredith Corporation's fiscal year ends in June.

• Where is Meredith Corporation based?

  Meredith Corporation's address is: 1716 and 1615 Locust Street, Des Moines, IA, United States, 50309-3023

• What is Meredith Corporation's ISIN number?

  Meredith Corporation's international securities identification number is: US5894331017

• What is Meredith Corporation's CUSIP number?

  Meredith Corporation's Committee on Uniform Securities Identification Procedures number is: 589433101