Meredith Corporation (MDP) Analysts See $0.28 EPS

Meredith Corporation (NYSE:MDP) Logo
Investors sentiment decreased to 1.09 in Q4 2018. Its down 0.02, from 1.11 in 2018Q3. It turned negative, 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.
Moreover, New York State Teachers Retirement Sys has 0.01% invested in Meredith Corporation (NYSE:MDP) for 65,483 shares. Smithfield accumulated 650 shares. Fmr Limited Com holds 0% of its portfolio in Meredith Corporation (NYSE:MDP) for 399 shares. Ftb Advisors Incorporated holds 140 shares. Teton Advisors reported 0.19% of its portfolio in Meredith Corporation (NYSE:MDP). Dimensional Fund Advsr Lp, Texas-based fund reported 2.00 million shares. Illinois-based Northern Trust has invested 0.02% in Meredith Corporation (NYSE:MDP). Renaissance Technology Ltd Company owns 45,800 shares. Federated Inc Pa reported 8,922 shares or 0% of all its holdings. Public Employees Retirement Sys Of Ohio has 0% invested in Meredith Corporation (NYSE:MDP) for 2,387 shares. Proshare Advsrs Ltd Liability holds 0.11% in Meredith Corporation (NYSE:MDP) or 313,034 shares. Ariel Invests Limited Liability Com, Illinois-based fund reported 1.45 million shares. Millennium Management Lc has 0.01% invested in Meredith Corporation (NYSE:MDP). Manufacturers Life Insurance Com The invested 0.01% of its portfolio in Meredith Corporation (NYSE:MDP). Australia-based Commonwealth National Bank & Trust Of has invested 0% in Meredith Corporation (NYSE:MDP).

Since November 14, 2018, it had 0 insider buys, and 2 sales for $411,871 activity. Another trade for 1,057 shares valued at $60,726 was made by HENRY FREDERICK B on Wednesday, November 14.

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 earned “Buy” rating 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: Globenewswire.com which released: “The Mexico Fund, Inc. Pays Distribution NYSE:MXF – GlobeNewswire” on April 30, 2019, also Prnewswire.com with their article: “Happy Paws, A Guide To Your Dog And Cat’s Best Life, Debuts On Newsstands Today – PRNewswire” published on April 09, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Retail Properties of America Inc (RPAI) – Yahoo Finance” on April 29, 2019. More interesting news about Meredith Corporation (NYSE:MDP) were released by: Seekingalpha.com and their article: “Authentic Brands a leader in Sports Illustrated bidding – WSJ – Seeking Alpha” published on April 25, 2019 as well as Prnewswire.com‘s news article titled: “Meredith Corporation And Hearst Magazines Among First Publishers To Commit To Adopting IAB Tech Lab Data Transparency Label – PRNewswire” with publication date: May 01, 2019.

Meredith Corporation (NYSE:MDP) Institutional Positions Chart

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