Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Meredith Corporation stock | $42.3

Learn how to easily invest in 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 5,050 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Meredith Corporation

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MDP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Meredith Corporation stock price (NYSE: MDP)

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

Meredith Corporation shares at a glance

Information last updated 2021-09-17.
Latest market close$42.30
52-week range$10.75 - $47.00
50-day moving average $42.89
200-day moving average $37.81
Wall St. target price$44.50
PE ratio 6.7464
Dividend yield $0 (0%)
Earnings per share (TTM) $6.27

Buy Meredith Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Webull
Stocks, Options, ETFs
$0
0%
Get two free stocks valued between $3.00 and $300 with a deposit to any new account.
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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.

Meredith Corporation price performance over time

Historical closes compared with the close of $42.3 from 2021-09-17

1 week (2021-09-13) 2.57%
1 month (2021-08-20) -0.94%
3 months (2021-06-18) 4.94%
6 months (2021-03-19) 21.34%
1 year (2020-09-18) 217.33%
2 years (2019-09-20) 16.02%
3 years (2018-09-20) 53.6
5 years (2016-09-20) 49.91

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 7x. In other words, Meredith Corporation shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 $681.7 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 $3 billion
Operating margin TTM 17.42%
Gross profit TTM $2 billion
Return on assets TTM 5.85%
Return on equity TTM 58.94%
Profit margin 10.3%
Book value $14.27
Market capitalisation $1.9 billion

TTM: trailing 12 months

Shorting Meredith Corporation shares

There are currently 1.2 million Meredith Corporation shares held short by investors – that's known as Meredith Corporation's "short interest". This figure is 17.6% down from 1.4 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 187330.50314465). Meredith Corporation's SIR currently stands at 6.36. In other words for every 100,000 Meredith Corporation shares traded daily on the market, roughly 6360 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 0.03% of the outstanding shares (for every 100,000 Meredith Corporation shares in existence, roughly 30 shares are currently held short) or 0.0298% of the tradable shares (for every 100,000 tradable Meredith Corporation shares, roughly 30 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 $10.75 up to $47. A popular way to gauge a stock's volatility is its "beta".

MDP.US volatility(beta: 2.38)Avg. volatility(beta: 1.00)LowHigh

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 2.3848. 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 delivered across print magazines, digital media, brand licensing activities, performance marketing, database-related activities, affinity marketing, business-to-business marketing products and services, and other related operations. Its focus is on the entertainment, food, lifestyle, parenting, and home categories, which include brands, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and others, as well as approximately 300 special interest publications. This segment operates approximately 39 websites and applications. It is also involved in the provision of digital and customer relationship marketing, other custom publishing projects, brand licensing agreements, 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 2.756% of Meredith Corporation shares are held by insiders and 89.139% by institutions.
How many people work for Meredith Corporation?
Latest data suggests 5,050 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

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site