Meredith Corporation (MDP) Analysts See $0.28 EPS

Meredith Corporation (NYSE:MDP) Logo
Investors sentiment decreased to 1.09 in 2018 Q4. Its down 0.02, from 1.11 in 2018Q3. It dropped, as 26 investors sold Meredith Corporation shares while 63 reduced holdings. 35 funds opened positions while 62 raised stakes. 42.94 million shares or 4.11% less from 44.78 million shares in 2018Q3 were reported.
Td Asset Incorporated owns 7,386 shares or 0% of their US portfolio. Envestnet Asset Management holds 0% in Meredith Corporation (NYSE:MDP) or 4,312 shares. Gotham Asset Ltd Liability reported 11,989 shares or 0.01% of all its holdings. Goelzer Invest Management Inc invested 1.3% in Meredith Corporation (NYSE:MDP). Moreover, Bowen Hanes & Incorporated has 1.06% invested in Meredith Corporation (NYSE:MDP). Macquarie Gru Limited holds 664,406 shares. Dupont Cap has invested 0% in Meredith Corporation (NYSE:MDP). Bnp Paribas Arbitrage Sa reported 2,026 shares stake. Employees Retirement Association Of Colorado holds 7,025 shares. Retirement Sys Of Alabama accumulated 51,704 shares or 0.01% of the stock. Walthausen Lc accumulated 122,990 shares. Bank Of America De holds 128,231 shares or 0% of its portfolio. Commonwealth National Bank Of Australia, a Australia-based fund reported 4,200 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System holds 0.01% or 6,998 shares in its portfolio. Toronto Dominion Comml Bank holds 0% or 92 shares in its portfolio.

Since November 14, 2018, it had 0 insider buys, and 2 insider sales for $411,871 activity. $351,145 worth of Meredith Corporation (NYSE:MDP) was sold by ZIESER JOHN S on Thursday, November 15.

Analysts expect Meredith Corporation (NYSE:MDP) to report $0.28 EPS on May, 9.They anticipate $0.46 EPS change or 62.16 % from last quarter’s $0.74 EPS. MDP’s profit would be $12.63 million giving it 53.05 P/E if the $0.28 EPS is correct. After having $1.53 EPS previously, Meredith Corporation’s analysts see -81.70 % EPS growth. The stock decreased 0.29% or $0.17 during the last trading session, reaching $59.42. About 148,729 shares traded. Meredith Corporation (NYSE:MDP) has risen 1.95% since May 8, 2018 and is uptrending. It has underperformed by 2.42% the S&P500.

Meredith Corporation (NYSE:MDP) Ratings Coverage

Among 2 analysts covering Meredith (NYSE:MDP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Meredith had 3 analyst reports since November 29, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 29 by Citigroup.

Meredith Corporation operates as a diversified media firm in the United States. The company has market cap of $2.68 billion. It operates in two divisions, Local Media and National Media. It currently has negative earnings. The Local Media segment operates television stations, such as 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations.

More notable recent Meredith Corporation (NYSE:MDP) news were published by: Prnewswire.com which released: “Meredith Corporation Names Agnes B. Chapski Publisher Of InStyle – PRNewswire” on April 29, 2019, also Gurufocus.com with their article: “Chuck Royce’s Top 5 Holdings as of 4th-Quarter 2018 – GuruFocus.com” published on March 14, 2019, Seekingalpha.com published: “Meredith Corporation (MDP) CEO Tom Harty on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on August 10, 2018. More interesting news about Meredith Corporation (NYSE:MDP) were released by: Seekingalpha.com and their article: “Dividend Champion Spotlight: Meredith Corporation – Seeking Alpha” published on September 21, 2018 as well as Prnewswire.com‘s news article titled: “Happy Paws, A Guide To Your Dog And Cat’s Best Life, Debuts On Newsstands Today – PRNewswire” with publication date: April 09, 2019.

Meredith Corporation (NYSE:MDP) Institutional Positions Chart

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