New York Times (NYT) Stock Price, News & Analysis

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New York Times in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NYT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NYT, but not buy additional shares or sell existing shares.
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4 brokers have issued 12 month price targets for New York Times' stock. Their NYT share price targets range from $37.00 to $46.00. On average, they predict the company's stock price to reach $42.75 in the next year. This suggests that the stock has a possible downside of 12.7%.
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New York Times' stock was trading at $32.46 at the beginning of the year. Since then, NYT shares have increased by 50.9% and is now trading at $48.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our NYT earnings forecast.

The New York Times Company (NYSE:NYT) issued its quarterly earnings data on Wednesday, November, 8th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.08. The business earned $598.35 million during the quarter, compared to analysts' expectations of $589.49 million. New York Times had a trailing twelve-month return on equity of 16.22% and a net margin of 8.00%. The business's revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.21 earnings per share.

New York Times announced a quarterly dividend on Thursday, December 14th. Shareholders of record on Wednesday, January 3rd will be given a dividend of $0.11 per share on Thursday, January 18th. This represents a $0.44 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, January 2nd.
Read our dividend analysis for NYT.

New York Times (NYSE:NYT) pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.90%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NYT will have a dividend payout ratio of 27.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NYT.

ETFs with the largest weight of New York Times (NYSE:NYT) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Invesco Next Gen Media and Gaming ETF (PBS), Clouty Tune ETF (TUNE), Franklin U.S. Low Volatility ETF (FLLV), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), WisdomTree U.S. Multifactor Fund (USMF), Fidelity MSCI Communication Services Index ETF (FCOM) and Vanguard Communication Services ETF (VOX).

New York Times declared that its board has initiated a share buyback plan on Wednesday, February 8th 2023, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.8% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

158 employees have rated New York Times Chief Executive Officer Mark Thompson on Glassdoor.com. Mark Thompson has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other New York Times investors own include Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL), Advanced Micro Devices (AMD), Mastercard (MA), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Starbucks (SBUX) and Shopify (SHOP).

Shares of NYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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