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Last $54.22 USD
Change Today +0.05 / 0.09%
Volume 146.4K
MDP On Other Exchanges
Symbol
Exchange
New York
Berlin
OTC US
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

meredith corp (MDP) Snapshot

Open
$54.07
Previous Close
$54.17
Day High
$54.64
Day Low
$53.88
52 Week High
03/20/15 - $57.22
52 Week Low
10/2/14 - $41.95
Market Cap
2.4B
Average Volume 10 Days
307.2K
EPS TTM
$3.34
Shares Outstanding
37.2M
EX-Date
02/25/15
P/E TM
16.2x
Dividend
$1.83
Dividend Yield
3.24%
Current Stock Chart for MEREDITH CORP (MDP)

meredith corp (MDP) Details

Meredith Corporation operates as a diversified media company that focuses primarily on the home and family marketplace in the United States. It operates in two segments, Local Media and National Media. The Local Media segment consists of 14 owned television stations, such as 7 CBS affiliates, 3 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, and 1 independent station, as well as 1 operated television station; and a video creation unit. This segment also includes 12 Websites, 2 mobile-optimized Websites, and 27 applications focused on news, sports, and weather-related information. The National Media segment publishes magazines for women. This segment publishes approximately 21 subscription magazines that include Better Homes and Gardens, Parents, Family Circle, Allrecipes, EveryDay with Rachael Ray, and FamilyFun, as well as approximately 120 special interest publications under approximately 80 titles. Its portfolio also includes Parenting and Babytalk magazines; and approximately 30 mobile-optimized Websites and 20 applications. In addition, this segment provides digital and customer relationship marketing services, such as specialized marketing products and services to America's companies; and a consumer database, as well as involved in brand licensing and other related operations. The company was founded in 1902 and is headquartered in Des Moines, Iowa.

3,500 Employees
Last Reported Date: 08/27/14
Founded in 1902

meredith corp (MDP) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $975.0K
Chief Financial Officer, Vice President and T...
Total Annual Compensation: $560.0K
President of National Media Group
Total Annual Compensation: $725.0K
President of Local Media Group
Total Annual Compensation: $705.0K
Chief Development Officer, General Counsel an...
Total Annual Compensation: $645.0K
Compensation as of Fiscal Year 2014.

meredith corp (MDP) Key Developments

Meredith Corporation and Katz Broadcasting Announce Multi-Network Distribution Agreement

Meredith Corporation will carry the three Katz Broadcasting television networks, Grit, Escape and LAFF, in five markets as part of a major new distribution agreement. Meredith will launch: Grit in Atlanta on WGCL-TV (On Channel 46.3); Escape in Portland, OR on KPDX-TV (49.2), Hartford, CT/WFSB-TV (3.2), Greenville, SC/WHNS-TV (21.3) and Las Vegas/KVVU-TV (5.2); LAFF in Portland, OR/KPTV-TV (12.3) and Hartford/WFSB (3.3). This is the first distribution agreement between the two companies. With the Meredith distribution, Grit will be available in 78% of the country, Escape in 58% and LAFF in 50%.

Meredith Corporation Announces Quarterly Dividend

Meredith Corporation announced that the Board of Directors increased its regular quarterly dividend 6% to $0.4575 per share, or $1.83 on an annual basis. The new quarterly dividend will be payable on March 13, 2015, to shareholders of record on February 27, 2015.

Meredith Corporation and FTD Companies, Inc. Renew Brand Licensing Agreement for Better Homes and Gardens Inspired Floral Arrangements

Meredith Corporation announced that it has agreed to a multi-year renewal of its licensing relationship with FTD Companies, Inc., for the Better Homes and Gardens brand. Meredith and FTD work together on the design of the collection, with the stylists and editors of Better Homes and Gardens providing trend inspiration and consumer insights to the process.

 

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MDP:US $54.22 USD +0.05

MDP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Acxiom Corp $18.57 USD -0.07
Corinthian Colleges Inc $0.01 USD 0.0001
Deluxe Corp $66.93 USD +1.08
Scholastic Corp $40.56 USD +2.62
Sykes Enterprises Inc $24.65 USD +0.19
View Industry Companies
 

Industry Analysis

MDP

Industry Average

Valuation MDP Industry Range
Price/Earnings 19.2x
Price/Sales 1.6x
Price/Book 2.6x
Price/Cash Flow 11.3x
TEV/Sales 0.7x
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