Last 7 days
-3.0%
Last 30 days
-1.0%
Last 90 days
11.8%
Trailing 12 Months
44.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-10 | Brayton Diane | sold | -484,306 | 44.0278 | -11,000 | evp, general counsel |
2023-08-10 | BENTEN R ANTHONY | sold | -372,165 | 44.3001 | -8,401 | svp, treasurer & cao |
2023-08-10 | Bardeen William | acquired | - | - | 2,626 | chief financial officer |
2023-08-10 | KOPIT LEVIEN MEREDITH A. | sold | -1,000,800 | 43.9177 | -22,788 | president & ceo |
2023-07-27 | Brooke Beth A. | acquired | - | - | 31.00 | - |
2023-07-27 | Bhutani Amanpal Singh | acquired | - | - | 56.00 | - |
2023-07-27 | VAN DYCK REBECCA | acquired | - | - | 120 | - |
2023-07-27 | Glaser Rachel C | acquired | - | - | 65.00 | - |
2023-07-27 | ROGERS JOHN W JR | acquired | - | - | 62.00 | - |
2023-07-27 | Bronstein Manuel | acquired | - | - | 26.00 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | reduced | -0.39 | 89.00 | 10,003 | -% |
2023-08-24 | Alberta Investment Management Corp | new | - | 534,190 | 534,190 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -9.78 | -106,228 | 1,126,270 | 0.01% |
2023-08-22 | COMERICA BANK | new | - | 181,000 | 181,000 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.29 | 121,000 | 1,150,000 | 0.01% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -14.73 | -1,143,080 | 7,244,300 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -8.11 | -50,526 | 680,542 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | reduced | -2.66 | -22,750 | 1,590,440 | 0.02% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -6.95 | -1,048,150 | 17,171,800 | 0.01% |
2023-08-16 | Neo Ivy Capital Management | new | - | 954,000 | 954,000 | 0.50% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Aug 18, 2023 | va partners i, llc | 4.6% | 7,550,808 | SC 13D/A | |
Aug 18, 2023 | va partners i, llc | 4.6% | 7,550,808 | SC 13D/A | |
Aug 14, 2023 | va partners i, llc | 6.2% | 10,164,354 | SC 13D/A | |
Feb 14, 2023 | darsana capital partners lp | 3.2% | 5,224,765 | SC 13G/A | |
Feb 14, 2023 | berkshire partners holdings llc | 5.2% | 8,558,222 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 9.76% | 16,068,708 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.6% | 14,207,944 | SC 13G/A | |
Feb 14, 2022 | darsana capital partners lp | 5.1% | 8,500,000 | SC 13G/A | |
Feb 11, 2022 | jackson square partners, llc | 6.50% | 10,855,052 | SC 13G/A | |
Feb 11, 2022 | capital world investors | 3.5% | 5,828,480 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 18, 2023 | SC 13D/A | 13D - Major Acquisition | |
Aug 18, 2023 | SC 13D/A | 13D - Major Acquisition | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | SC 13D/A | 13D - Major Acquisition | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 11, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CHTR | 67.1B | 54.5B | 8.09% | 26.57% | 14.01 | 1.23 | 2.60% | -15.83% |
SIRI | 15.8B | 9.0B | -3.98% | -28.94% | 13.65 | 1.76 | 0.44% | -8.55% |
MID-CAP | ||||||||
NYT | 6.9B | 2.4B | -0.99% | 44.33% | 39.27 | 2.93 | 7.76% | -7.72% |
NXST | 5.1B | 5.3B | -8.37% | -22.64% | 7.27 | 0.97 | 8.13% | -23.40% |
CABO | 3.6B | 1.7B | -1.28% | -35.52% | 33.95 | 2.12 | -1.31% | -70.36% |
DISH | 3.4B | 16.0B | 0.32% | -60.34% | 1.85 | 0.21 | -8.20% | -13.13% |
TGNA | 3.3B | 3.2B | -7.07% | -29.50% | 4.96 | 1.04 | 3.30% | 27.80% |
SMALL-CAP | ||||||||
ATUS | 1.5B | 9.4B | 11.55% | -54.87% | -384.5 | 0.16 | -6.01% | -100.49% |
IHRT | 510.2M | 3.8B | -2.56% | -64.63% | -0.38 | 0.13 | 1.55% | -1758.48% |
DJCO | 406.0M | 64.7M | -2.37% | 15.43% | -24.04 | 6.28 | 36.21% | 47.57% |
GCI | 384.7M | 2.8B | -12.84% | 30.30% | -16.25 | 0.14 | -10.68% | 63.24% |
LEE | 72.3M | 720.8M | 2.74% | -36.68% | -5.33 | 0.09 | -7.74% | -205.58% |
14.6%
19.8%
12.9%
0.3%
81.9%
19.6%
15.8%
Y-axis is the maximum loss one would have experienced if New York Times was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.5% | 2,367 | 2,332 | 2,308 | 2,235 | 2,196 | 2,139 | 2,075 | 1,990 | 1,908 | 1,813 | 1,784 | 1,783 | 1,784 | 1,817 | 1,812 | 1,807 | 1,795 | 1,774 | 1,749 | 1,730 | 1,698 |
Gross Profit | - | - | - | - | - | - | 25.00 | - | - | - | 207 | - | - | - | - | - | - | - | - | - | - | - |
Costs and Expenses | 0.9% | 2,107 | 2,089 | 2,053 | 2,004 | 1,961 | 1,878 | 1,803 | 1,732 | 1,659 | 1,612 | 1,607 | 1,609 | 1,623 | 1,646 | 1,635 | 1,631 | 1,610 | 1,585 | 1,559 | 1,527 | 1,497 |
S&GA Expenses | -0.1% | 462 | 462 | 473 | 500 | 519 | 510 | 492 | 262 | 229 | 215 | 229 | 235 | 249 | 272 | 273 | -141 | -3.72 | 137 | 271 | 831 | 814 |
R&D Expenses | 1.4% | 368 | 363 | 353 | 310 | 300 | 289 | 280 | 156 | 150 | 141 | 133 | 127 | 119 | 114 | 106 | 101 | 98.00 | 95.00 | 84.00 | - | - |
EBITDA | -100.0% | - | 390 | 359 | 349 | 393 | 340 | 381 | 299 | 241 | 200 | 201 | 266 | 244 | 244 | 221 | 223 | 231 | 226 | 219 | 142 | 167 |
EBITDA Margin | -100.0% | - | 0.17* | 0.16* | 0.16* | 0.18* | 0.16* | 0.18* | 0.15* | 0.13* | 0.11* | 0.11* | 0.15* | 0.14* | 0.13* | 0.12* | 0.12* | 0.13* | 0.13* | 0.12* | 0.08* | 0.10* |
Interest Expenses | -72.7% | 12.00 | 43.00 | 41.00 | 39.00 | 66.00 | 33.00 | 33.00 | 35.00 | 10.00 | 11.00 | 23.00 | 20.00 | 16.00 | 11.00 | -3.82 | -6.70 | -9.97 | -12.99 | -16.57 | -18.10 | -18.74 |
Earnings Before Taxes | -9.4% | 237 | 262 | 236 | 235 | 259 | 246 | 291 | 204 | 170 | 127 | 115 | 185 | 167 | 172 | 164 | 169 | 181 | 180 | 176 | 101 | 126 |
EBT Margin | -100.0% | - | 0.11* | 0.10* | 0.11* | 0.12* | 0.11* | 0.14* | 0.10* | 0.09* | 0.07* | 0.06* | 0.10* | 0.09* | 0.09* | 0.09* | 0.09* | 0.10* | 0.10* | 0.10* | 0.06* | 0.07* |
Net Income | -7.9% | 176 | 192 | 174 | 173 | 191 | 184 | 220 | 160 | 139 | 108 | 100 | 158 | 141 | 143 | 140 | 127 | 136 | 134 | 126 | 14.00 | 21.00 |
Net Income Margin | -100.0% | - | 0.08* | 0.08* | 0.08* | 0.09* | 0.09* | 0.11* | 0.08* | 0.07* | 0.06* | 0.06* | 0.09* | 0.08* | 0.08* | 0.08* | 0.07* | 0.08* | 0.08* | 0.07* | 0.01* | 0.01* |
Free Cashflow | -100.0% | - | 182 | 114 | 106 | 136 | 185 | 234 | 272 | 262 | 266 | 263 | 233 | 201 | 153 | 144 | 114 | 88.00 | 101 | 80.00 | -43.71 | -43.95 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.3% | 2,479 | 2,472 | 2,534 | 2,515 | 2,513 | 2,529 | 2,564 | 2,469 | 2,348 | 2,283 | 2,308 | 2,140 | 2,058 | 2,023 | 2,089 | 2,255 | 2,206 | 2,195 | 2,197 | 2,141 | 2,099 |
Current Assets | 6.4% | 675 | 634 | 656 | 543 | 473 | 487 | 953 | 926 | 881 | 787 | 836 | 721 | 683 | 654 | 717 | 909 | 923 | 884 | 894 | 783 | 730 |
Cash Equivalents | 4.4% | 246 | 235 | 221 | 190 | 161 | 169 | 334 | 338 | 336 | 290 | 302 | 232 | 265 | 234 | 248 | 301 | 273 | 253 | 260 | 224 | 255 |
Net PPE | -2.8% | 531 | 546 | 554 | 561 | 566 | 571 | 575 | 579 | 582 | 587 | 595 | 604 | 612 | 622 | 627 | 627 | 633 | 635 | 639 | 646 | 646 |
Goodwill | 0.0% | 415 | 415 | 414 | 406 | 412 | 414 | 166 | 169 | 170 | 169 | 172 | 22.00 | 6.00 | 138 | 139 | 137 | 140 | 139 | 140 | 141 | 142 |
Current Liabilities | -1.6% | 532 | 540 | 571 | 556 | 534 | 593 | 559 | 527 | 447 | 441 | 487 | 426 | 371 | 371 | 438 | 660 | 632 | 636 | 673 | 403 | 362 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 246 | 254 | 255 | 254 | - | - |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 246 | 252 |
Shareholder's Equity | 1.8% | 1,605 | 1,577 | 1,598 | 1,540 | 1,540 | 1,495 | 1,541 | 1,470 | 1,419 | 1,355 | 1,328 | 1,257 | 1,231 | 1,194 | 1,174 | 1,098 | 1,085 | 1,060 | 1,043 | 1,007 | 980 |
Retained Earnings | 1.4% | 1,991 | 1,963 | 1,959 | 1,918 | 1,897 | 1,835 | 1,845 | 1,799 | 1,756 | 1,702 | 1,673 | 1,673 | 1,659 | 1,635 | 1,613 | 1,553 | 1,545 | 1,528 | 1,506 | 1,457 | 1,439 |
Additional Paid-In Capital | 4.9% | 268 | 255 | 256 | 246 | 236 | 228 | 230 | 223 | 218 | 213 | 217 | 212 | 206 | 200 | 208 | 203 | 200 | 198 | 206 | 205 | 202 |
Accumulated Depreciation | 1.5% | 849 | 837 | 823 | 813 | 804 | 791 | 778 | 904 | 892 | 900 | 886 | 916 | 979 | 964 | 951 | 939 | 940 | 926 | 912 | 944 | 936 |
Shares Outstanding | -0.2% | 165 | 165 | - | 166 | 168 | 168 | - | 168 | 168 | 168 | 167 | 167 | 167 | 167 | 166 | 166 | 166 | 166 | 165 | 165 | 165 |
Minority Interest | 0% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 17.7% | 254 | 216 | 151 | 145 | 175 | 222 | 269 | 301 | 290 | 292 | 298 | 275 | 244 | 204 | 190 | 162 | 143 | 164 | 157 | 55.00 | 65.00 |
Share Based Compensation | 10.9% | 43.00 | 39.00 | 35.00 | 33.00 | 29.00 | 25.00 | 22.00 | 18.00 | 16.00 | 16.00 | 14.00 | 14.00 | 14.00 | 12.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 |
Cashflow From Investing | -92.0% | 3.00 | 33.00 | -73.56 | -130 | -215 | -238 | -180 | -141 | -172 | -191 | -199 | -56.79 | 44.00 | 73.00 | 93.00 | -34.54 | -82.96 | -101 | -101 | -98.30 | -38.65 |
Cashflow From Financing | 5.1% | -171 | -180 | -174 | -145 | -117 | -88.76 | -54.95 | -52.26 | -47.07 | -44.24 | -44.97 | -287 | -295 | -294 | -295 | -50.74 | -42.19 | -40.35 | 4.00 | 5.00 | 6.00 |
Dividend Payments | 5.1% | 63.00 | 60.00 | 57.00 | 54.00 | 50.00 | 47.00 | 45.00 | 44.00 | 42.00 | 40.00 | 38.00 | 37.00 | 35.00 | 33.00 | 32.00 | 30.00 | 28.00 | 26.00 | 26.00 | 26.00 | 26.00 |
Buy Backs | -11.8% | 94.00 | 107 | 105 | 80.00 | 54.00 | 29.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 26, 2022 | Jun. 30, 2023 | Jun. 26, 2022 | |
Revenues | ||||
Total revenues | $ 590,853 | $ 555,680 | $ 1,151,592 | $ 1,093,105 |
Operating costs | ||||
Cost of revenue (excluding depreciation and amortization) | 309,923 | 300,583 | 616,775 | 581,948 |
Sales and marketing | 62,241 | 62,769 | 129,275 | 140,357 |
Product development | 56,047 | 50,822 | 113,109 | 98,255 |
General and administrative | 72,273 | 69,141 | 153,324 | 140,498 |
Depreciation and amortization | 21,858 | 20,704 | 42,698 | 39,390 |
Total operating costs | 522,342 | 504,019 | 1,055,181 | 1,000,448 |
Acquisition-related costs | 0 | 0 | 0 | 34,712 |
Lease-related impairment charge | 12,736 | 0 | 12,736 | 0 |
Operating profit | 55,775 | 51,661 | 83,675 | 57,945 |
Other components of net periodic benefit (income)/costs | (684) | 1,624 | (1,369) | 3,146 |
Interest income and other, net | 4,517 | 35,604 | 7,690 | 36,679 |
Income before income taxes | 60,976 | 85,641 | 92,734 | 91,478 |
Income tax expense | 14,402 | 23,864 | 23,839 | 24,976 |
Net income | $ 46,574 | $ 61,777 | $ 68,895 | $ 66,502 |
Average number of common shares outstanding: | ||||
Basic (in shares) | 164,714 | 167,636 | 164,844 | 167,816 |
Diluted (in shares) | 165,037 | 167,636 | 165,325 | 167,816 |
Basic earnings per share attributable to common stockholders | ||||
Basic earnings per share attributable to common stockholders (in usd per share) | $ 0.28 | $ 0.37 | $ 0.42 | $ 0.40 |
Diluted earnings per share attributable to common stockholders | ||||
Diluted earnings per share attributable to common stockholders (in usd per share) | 0.28 | 0.37 | 0.42 | 0.40 |
Dividends declared per share (in usd per share) | $ 0.11 | $ 0 | $ 0.22 | $ 0.09 |
Subscription | ||||
Revenues | ||||
Total revenues | $ 409,590 | $ 383,619 | $ 807,132 | $ 755,598 |
Advertising | ||||
Revenues | ||||
Total revenues | 117,770 | 117,379 | 224,011 | 233,649 |
Other | ||||
Revenues | ||||
Total revenues | $ 63,493 | $ 54,682 | $ 120,449 | $ 103,858 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 245,630 | $ 221,385 |
Short-term marketable securities | 171,223 | 125,972 |
Accounts receivable (net of allowances of $11,011 in 2023 and $12,260 in 2022) | 158,991 | 217,533 |
Prepaid expenses | 60,904 | 54,859 |
Other current assets | 38,026 | 35,926 |
Total current assets | 674,774 | 655,675 |
Other assets | ||
Long-term marketable securities | 93,520 | 138,917 |
Property, plant and equipment (less accumulated depreciation and amortization of $848,849 in 2023 and $823,024 in 2022) | 531,117 | 553,698 |
Goodwill | 415,181 | 414,046 |
Intangible assets, net | 302,652 | 317,314 |
Deferred income taxes | 115,887 | 96,363 |
Miscellaneous assets | 345,938 | 357,739 |
Total assets | 2,479,069 | 2,533,752 |
Current liabilities | ||
Accounts payable | 110,830 | 114,646 |
Accrued payroll and other related liabilities | 138,907 | 164,564 |
Unexpired subscriptions revenue | 156,996 | 155,945 |
Accrued expenses and other | 125,319 | 136,055 |
Total current liabilities | 532,052 | 571,210 |
Other liabilities | ||
Pension benefits obligation | 219,521 | 225,300 |
Postretirement benefits obligation | 26,930 | 26,455 |
Other | 93,346 | 110,815 |
Total other liabilities | 339,797 | 362,570 |
Common stock of $.10 par value: | ||
Additional paid-in capital | 267,975 | 255,515 |
Retained earnings | 1,991,029 | 1,958,859 |
Common stock held in treasury, at cost | (319,858) | (276,267) |
Accumulated other comprehensive loss, net of income taxes: | ||
Foreign currency translation adjustments | 358 | (510) |
Funded status of benefit plans | (346,663) | (348,947) |
Net unrealized loss on available-for-sale securities | (5,377) | (8,390) |
Total accumulated other comprehensive loss, net of income taxes | (351,682) | (357,847) |
Total New York Times Company stockholders’ equity | 1,605,215 | 1,597,967 |
Noncontrolling interest | 2,005 | 2,005 |
Total stockholders’ equity | 1,607,220 | 1,599,972 |
Total liabilities and stockholders’ equity | 2,479,069 | 2,533,752 |
Class A Common Stock | ||
Common stock of $.10 par value: | ||
Common stock value | 17,673 | 17,629 |
Class B Common Stock | ||
Common stock of $.10 par value: | ||
Common stock value | $ 78 | $ 78 |