the new york times co. - NYT

NYT

Close Chg Chg %
52.94 0.47 0.88%

Closed Market

53.41

+0.47 (0.88%)

Volume: 535.40K

Last Updated:

Dec 24, 2024, 12:59 PM EDT

Company Overview: the new york times co. - NYT

NYT Key Data

Open

$52.88

Day Range

52.65 - 53.43

52 Week Range

41.55 - 58.16

Market Cap

$8.75B

Shares Outstanding

163.95M

Public Float

160.30M

Beta

0.99

Rev. Per Employee

N/A

P/E Ratio

31.59

EPS

$1.70

Yield

93.69%

Dividend

$0.13

EX-DIVIDEND DATE

Jan 9, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.41M

 

NYT Performance

1 Week
 
0.95%
 
1 Month
 
-1.64%
 
3 Months
 
-3.52%
 
1 Year
 
16.05%
 
5 Years
 
66.52%
 

NYT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About the new york times co. - NYT

The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It offers news products and other interest-specific products, and related content and services. It offers newspapers, print, and digital products and investments. The firm also manages The New York Times, NYTimes.com, and mobile applications. The company was founded by Henry Jarvis Raymond and George Jones on September 18, 1851, and is headquartered in New York, NY.

NYT At a Glance

The New York Times Co.
620 8th Avenue
New York, New York 10018
Phone 1-212-556-1234 Revenue 2.43B
Industry Publishing: Newspapers Net Income 232.39M
Sector Consumer Services 2023 Sales Growth 5.105%
Fiscal Year-end 12 / 2024 Employees 5,900
View SEC Filings

NYT Valuation

P/E Current 31.593
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 34.923
Price to Sales Ratio 3.345
Price to Book Ratio 4.572
Price to Cash Flow Ratio 22.505
Enterprise Value to EBITDA 19.229
Enterprise Value to Sales 3.181
Total Debt to Enterprise Value 0.007

NYT Efficiency

Revenue/Employee 411,212.203
Income Per Employee 39,387.627
Receivables Turnover 9.863
Total Asset Turnover 0.925

NYT Liquidity

Current Ratio 1.278
Quick Ratio 1.278
Cash Ratio 0.738

NYT Profitability

Gross Margin 44.967
Operating Margin 12.612
Pretax Margin 12.472
Net Margin 9.578
Return on Assets 8.856
Return on Equity 13.828
Return on Total Capital 12.795
Return on Invested Capital 13.42

NYT Capital Structure

Total Debt to Total Equity 3.005
Total Debt to Total Capital 2.917
Total Debt to Total Assets 1.952
Long-Term Debt to Equity 2.433
Long-Term Debt to Total Capital 2.362
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for The New York Times Co. - NYT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.78B 2.07B 2.31B 2.43B
Sales Growth
-1.58% +16.33% +11.25% +5.10%
Cost of Goods Sold (COGS) incl D&A
1.02B 1.10B 1.29B 1.34B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
70.70M 66.99M 92.58M 95.35M
Depreciation
- - 65.48M 66.05M
-
Amortization of Intangibles
- - 27.10M 29.30M
-
COGS Growth
+33.29% +7.31% +17.73% +3.37%
Gross Income
761.28M 977.81M 1.02B 1.09B
Gross Income Growth
-27.16% +28.44% +3.98% +7.30%
Gross Profit Margin
+42.68% +47.13% +44.05% +44.97%
2020 2021 2022 2023 5-year trend
SG&A Expense
578.42M 704.92M 745.69M 785.60M
Research & Development
132.43M 160.87M 204.19M 228.80M
Other SG&A
446.00M 544.05M 541.50M 556.80M
SGA Growth
-33.02% +21.87% +5.78% +5.35%
Other Operating Expense
- - 14.99M (605.00K)
-
Unusual Expense
(1.00M) (7.15M) 54.09M 29.71M
EBIT after Unusual Expense
183.86M 280.03M 201.97M 276.27M
Non Operating Income/Expense
(67.70M) 11.24M 34.03M 27.33M
Non-Operating Interest Income
- 13.96M 7.26M 22.12M
Equity in Earnings of Affiliates
- - 5.00M 2.48M
-
Interest Expense
- 727.00K 769.00K 1.01M
Interest Expense Growth
- -97.14% +5.78% -100.00%
Gross Interest Expense
- 757.00K 780.00K 1.01M
Interest Capitalized
- - 30.00K 11.00K
-
Pretax Income
115.43M 290.50M 236.00M 302.59M
Pretax Income Growth
-29.81% +151.66% -18.76% +28.22%
Pretax Margin
+6.47% +14.00% +10.22% +12.47%
Income Tax
14.60M 70.53M 62.09M 69.84M
Income Tax - Current - Domestic
28.87M 75.85M 106.35M 87.04M
Income Tax - Current - Foreign
905.00K 1.04M 1.90M 2.59M
Income Tax - Deferred - Domestic
(15.18M) (6.36M) (46.15M) (19.79M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - 5.00M 2.48M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
100.84M 219.97M 173.91M 232.75M
Minority Interest Expense
- - 734.00K 365.00K
-
Net Income
100.10M 219.97M 173.91M 232.39M
Net Income Growth
-28.48% +119.74% -20.94% +33.63%
Net Margin Growth
+5.61% +10.60% +7.53% +9.58%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
100.10M 219.97M 173.91M 232.39M
Preferred Dividends
- - - -
-
Net Income Available to Common
100.10M 219.97M 173.91M 232.39M
EPS (Basic)
0.5995 1.3099 1.0422 1.4108
EPS (Basic) Growth
-28.88% +118.50% -20.44% +35.37%
Basic Shares Outstanding
166.97M 167.93M 166.87M 164.72M
EPS (Diluted)
0.5957 1.3052 1.0405 1.4028
EPS (Diluted) Growth
-28.69% +119.10% -20.28% +34.82%
Diluted Shares Outstanding
168.04M 168.53M 167.14M 165.66M
EBITDA
253.56M 339.87M 348.63M 401.32M
EBITDA Growth
+1.59% +34.04% +2.58% +15.11%
EBITDA Margin
+14.22% +16.38% +15.10% +16.54%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 58.00
Number of Ratings 12 Current Quarters Estimate 0.753
FY Report Date 12 / 2024 Current Year's Estimate 1.89
Last Quarter’s Earnings 0.45 Median PE on CY Estimate N/A
Year Ago Earnings 1.63 Next Fiscal Year Estimate 2.074
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 4 9 9
Mean Estimate 0.75 0.34 1.89 2.07
High Estimates 0.79 0.39 1.96 2.17
Low Estimate 0.74 0.28 1.73 1.95
Coefficient of Variance 2.52 14.69 4.01 3.34

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 5
OVERWEIGHT 0 0 0
HOLD 6 6 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for The New York Times Co. - NYT

Date Name Shares Transaction Value
May 24, 2024 R. Anthony Benten SVP, Treasurer & CAO 38,576 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $48.98 per share 1,889,452.48
May 15, 2024 Meredith Kopit Levien PRESIDENT & CEO; Director 120,072 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $47.72 per share 5,729,835.84
Apr 29, 2024 John Washington Rogers Director 47,966 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Anuradha B. Subramanian Director 5,865 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Manuel Bronstein Director 14,126 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Amanpal S. Bhutani Director 25,579 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Rebecca van Dyck Director 49,820 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Rachel C. Glaser Director 29,223 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Beth Ann Brooke Director 15,842 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Arthur S. Golden Director 16,572 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 1997 Trust (Sulzberger) Director 4,048 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Brian P. McAndrews Director 16,968 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 29, 2024 Brian P. McAndrews Director 52,980 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 23, 2024 Hays N. Golden Director 50,696 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2024 Arthur Gregg Sulzberger Chairman and Publisher; Director 100,438 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 4,402,197.54
Feb 22, 2024 David Perpich Director 20,496 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 898,339.68
Feb 22, 2024 Diane Brayton EVP, GENERAL COUNSEL 36,201 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 1,586,689.83
Feb 22, 2024 William Bardeen Chief Financial Officer 5,363 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 235,060.29
Feb 22, 2024 Meredith Kopit Levien PRESIDENT & CEO; Director 88,380 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 3,873,695.40
Feb 22, 2024 Jacqueline M. Welch EVP and CHRO 4,987 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.83 per share 218,580.21

The New York Times Co. in the News