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 USD$2.9 billion.

How to buy shares in Meredith Corporation

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Meredith Corporation. Find the stock by name or ticker symbol: MDP. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Meredith Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Meredith Corporation, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Meredith Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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 2021-02-24.

52-week range	USD$10.01 - USD$28.09
50-day moving average	USD$21.9739
200-day moving average	USD$16.9656
Wall St. target price	USD$23.95
PE ratio	30.4318
Dividend yield	USD$0.595 (2.31%)
Earnings per share (TTM)	USD$-0.7

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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.

Meredith Corporation financials

Revenue TTM	USD$2.9 billion
Operating margin TTM	16.42%
Gross profit TTM	USD$1.8 billion
Return on assets TTM	4.99%
Return on equity TTM	-8.85%
Profit margin	-3%
Book value	$13.365
Market capitalisation	USD$1.2 billion

TTM: trailing 12 months

Shorting Meredith Corporation shares

There are currently 4.1 million Meredith Corporation shares held short by investors – that's known as Meredith Corporation's "short interest". This figure is 17.4% down from 4.9 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 525257.95601552). Meredith Corporation's SIR currently stands at 7.73. In other words for every 100,000 Meredith Corporation shares traded daily on the market, roughly 7730 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 0.09% of the outstanding shares (for every 100,000 Meredith Corporation shares in existence, roughly 90 shares are currently held short) or 0.1545% of the tradable shares (for every 100,000 tradable Meredith Corporation shares, roughly 155 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.

Have Meredith Corporation's shares ever split?

Meredith Corporation's shares were split on a 2:1 basis on 18 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 $28.09. 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 2.3148. 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. The Local Media segment operates approximately 17 television stations that include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. It also includes 12 Websites and 12 applications focused on news, sports, and weather-related information. In addition, this segment sells geographic and demographic-targeted digital and print advertising programs to third parties. The company was founded in 1902 and is headquartered in Des Moines, Iowa.

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 103.566% 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