New Media Investment Group Inc (NYSE:NEWM) reported earnings of $0.21 per share missing Walls Streets expectations.

ME Staff
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New Media Investment Group Inc (NYSE:NEWM) reported Q2 2018 earnings this Morning, coming in at $0.21 per share, missing Wall Street’s estimates of $0.25 per Share. Revenue for the quarter came in at $388.80 million beating analyst estimates of $367.84 million

Recent Insider Trading for New Media Investment Group Inc (NYSE:NEWM)

  • On 4/10/2018 Michael Reed, CEO, bought 25,000 with an average share price of $16.45 per share and the total transaction amounting to $411,250.00.
  • On 8/16/2017 Michael Reed, CEO, bought 20,000 with an average share price of $13.60 per share and the total transaction amounting to $272,000.00.
  • On 5/1/2017 Michael Reed, CEO, bought 40,000 with an average share price of $13.25 per share and the total transaction amounting to $530,000.00.
  • On 2/23/2017 Laurence Tarica, Director, bought 10,000 with an average share price of $15.15 per share and the total transaction amounting to $151,500.00.
  • On 11/25/2016 Laurence Tarica, Director, bought 10,000 with an average share price of $15.90 per share and the total transaction amounting to $159,000.00.
  • On 11/23/2016 Gregory William Freiberg, CFO, bought 10,000 with an average share price of $16.00 per share and the total transaction amounting to $160,000.00.



Dividend History for New Media Investment Group Inc (NYSE:NEWM)

  • On 5/4/2018 New Media Investment Group Inc announced a quarterly dividend of $0.37 8.87% with an ex dividend date of 5/11/2018 which will be payable on 5/14/2018.
  • On 3/1/2018 New Media Investment Group Inc announced a quarterly dividend of $0.37 8.6% with an ex dividend date of 3/13/2018 which will be payable on 3/14/2018.
  • On 10/24/2017 New Media Investment Group Inc announced a Quarterly dividend of $0.37 9.5% with an ex dividend date of 11/7/2017 which will be payable on 11/8/2017.
  • On 7/27/2017 New Media Investment Group Inc announced a quarterly dividend of $0.35 10.42% with an ex dividend date of 8/7/2017 which will be payable on 8/9/2017.
  • On 4/27/2017 New Media Investment Group Inc announced a quarterly dividend of $0.35 10.44% with an ex dividend date of 5/8/2017 which will be payable on 5/10/2017.
  • On 2/21/2017 New Media Investment Group Inc announced a quarterly dividend of $0.35 9.33% with an ex dividend date of 3/6/2017 which will be payable on 3/8/2017.
  • On 10/27/2016 New Media Investment Group Inc announced a Quarterly dividend of $0.35 with an ex dividend date of 11/7/2016 which will be payable on 11/9/2016.



About Company
New Media Investment Group Inc. invests in, owns, and operates local media assets in the United States. The company's principal products include 142 daily newspapers with total paid circulation of approximately 1.5 million; 326 weekly newspapers with total paid circulation of approximately 318,000 and total free circulation of approximately 2.0 million; 140 shoppers with total circulation of approximately 3.5 million; and 569 locally-focused Websites, including Internet and mobile devices with approximately 290 million page views per month. Its principal products also comprise 2 yellow page directories with a distribution of approximately 290,000 that cover a population of approximately 419,000 people; 70 business publications; and UpCurve Cloud and ThriveHive digital marketing services. In addition, the company produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, it produces approximately 250 annual events with a collective attendance approximately 300,000, such as themed expo, signature event, and white label event services. Additionally, the company offers print and online products that offer local market news and information on various topics comprising local news and politics, community and regional events, youth sports, opinion and editorial pages, local schools, obituaries, weddings, and police reports, as well as print and digital marketing products, and commercial printing services. It reaches approximately 22 million people per week; and serves approximately 215,000 business customers. New Media Investment Group Inc. was founded in 1997 and is based in New York, New York.

Recent Analyst Rating for New Media Investment Group Inc (NYSE:NEWM)

  • On 5/4/2018 quarterly, $0.37, to 8.87% with a price target of 5/11/2018
  • On 5/14/2018 5/16/2018 3/1/2018, quarterly, to $0.37 with a price target of 8.6%
  • On 3/13/2018 3/14/2018, 3/22/2018 10/24/2017, to Quarterly with a price target of $0.37
  • On 11/7/2017 11/8/2017, 11/16/2017 7/27/2017, to quarterly with a price target of $0.35
  • On 8/7/2017 8/9/2017, 8/17/2017 4/27/2017, to quarterly with a price target of $0.35
  • On 5/8/2017 5/10/2017, 5/18/2017 2/21/2017, to quarterly with a price target of $0.35



Recent Trading for New Media Investment Group Inc (NYSE:NEWM)
Shares of New Media Investment Group Inc closed the previous trading session at 16.30 −1.36 7.70% with 17.59 shares trading hands.