How Analysts See Tribune Media Company (TRCO) Perform Over The Next Year?

Tammy Harvey
May 13, 2017

The stock has a consensus rating of Hold and a consensus price target of $44.50. Jefferies Group LLC's target price points to a potential upside of 13.64% from the stock's previous close.

The research report and subsequent rating should be used to complement individual homework and strategy. Wells Fargo had a markedly different take on 20/04/2017, proposing that Tribune Media Company is now considered Market Perform versus prior Outperform rating. Gabelli lowered Tribune Media from a "buy" rating to a "sell" rating in a report on Tuesday.

Tribune Media Company (TRCO) has an Average Brokerage Recommendation (ABR) of 2.54, according to data compiled by Zacks Investment Research. Still, revenues for Tribune's television and media segment revenues fell 4% to $436 million during the quarter because of a $17.7 million decrease in net core advertising revenue and a $13.7 million decrease in net political advertising revenue.

Tribune Media Company on 05/10/2017 reported its EPS as $-0.07 with the analysts projecting the EPS of the stock as $0.07.

Some buy side analysts are also providing their Analysis on Tribune Media Company, where 0 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 4 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.

One Month Ago Analyst Ratings: In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.

Today there are 86,650,000 shares in issue of Tribune Media Company which are now trading at 41.9 which brings the business's market capitalisation to 3.63B Dollars. A total of 2.55 million shares exchanged hands as contrast to its average trading volume of 2.58 million shares. The stock's price moved up its 200-day moving average of $41.93. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 267.13 and a beta of 1.44. While in the same Quarter Previous year, the Actual EPS was $0.42. On average, equities research analysts predict that Tribune Media will post $1.41 EPS for the current year. Investors of record on Monday, May 22nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, May 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.39%. Tribune Media's payout ratio is -24.39%.

WARNING: This report was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. Morgan Stanley initiated the shares of TRCO in report on Wednesday, August 19 with "Equal Weight" rating. Concert Wealth Management Inc. boosted its position in shares of Tribune Media by 3.8% in the first quarter. Creative Planning increased its stake in shares of Tribune Media by 150.0% in the first quarter.

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