Meredith Corp

NYSE:MDP   4:00PM EDT
52.76
-0.62 (-1.16%)

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Market Cap (Intraday)2.38B
Current PE31.32
Forward PE 8.82
2yr Forward PE 7.74
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Estimates Current Quarter
Revenue$773.18 Million
Adjusted EPS$1.51
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10-Day MA$54.00
50-Day MA$53.98
200-Day MA$54.38
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MEREDITH CORP Stock, NYSE:MDP

1716 LOCUST ST, DES MOINES, IA 50309
United States of America
Phone: 5152843000
Number of Employees: 3600

Description

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 16 owned television stations, such as 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 1 independent station, as well as 1 operated television station. This segment also includes 13 Websites, 13 mobile-optimized Websites, and approximately 40 applications focused on news, sports, and weather-related information. The National Media segment publishes magazines for women. This segment publishes approximately 20 subscription magazines that include Better Homes and Gardens, Parents, Family Circle, Allrecipes, Rachael Ray Every Day, Martha Stewart Living, Shape, and FamilyFun, as well as approximately 140 special interest publications under approximately 90 titles. Its portfolio also includes approximately 50 Websites, 30 mobile-optimized Websites, and 15 applications. In addition, this segment offers digital and customer relationship marketing services, such as specialized marketing products and services to America's companies. Further, it is involved in the provision of a consumer database, as well as custom content; and brand licensing activities and other related operations. The company was founded in 1902 and is headquartered in Des Moines, Iowa.