The New York Times Company (NYSE:NYT) Receives $66.43 Average Price Target from Analysts

The New York Times Company (NYSE:NYT) has earned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $68.4286.

A number of research analysts have recently issued reports on NYT shares. Barclays increased their target price on New York Times from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. Guggenheim set a $63.00 price objective on shares of New York Times and gave the stock a “neutral” rating in a research report on Wednesday. Morgan Stanley set a $68.00 target price on shares of New York Times in a research report on Thursday, December 18th. Evercore upped their price target on shares of New York Times from $69.00 to $75.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, UBS Group set a $62.00 price target on shares of New York Times in a research note on Thursday, November 6th.

New York Times News Roundup

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Q4 earnings showed continued digital momentum: revenue rose ~10.4%, digital subscriptions, ARPU and advertising strength lifted results and free cash flow was reported at $550.5M — a key fundamental positive for recurring-revenue growth. The New York Times’ Q4 Earnings Beat Highlights Digital Momentum
• Positive Sentiment: The board raised the quarterly dividend to $0.23 (a ~27.8% increase versus prior), which boosts income appeal and signals management confidence in cash flow.
• Positive Sentiment: Evercore ISI raised its price target to $75 and kept an outperform rating — a vote of confidence that implies meaningful upside from current levels. New York Times (NYSE:NYT) Price Target Raised to $75.00 at Evercore ISI
• Positive Sentiment: J.P. Morgan raised its target to $74 and carries an overweight rating, adding institutional validation for the stock’s growth thesis. New York Times (NYSE:NYT) Price Target Raised to $74.00 at JPMorgan Chase & Co.
• Neutral Sentiment: Analyst/commentary pieces highlight NYT as a long-term growth stock based on digital subscription trends; helpful for sentiment but not an immediate catalyst. Why New York Times Co. (NYT) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: High-profile content (Olympics coverage and other major stories) can lift traffic and engagement intermittently, but the immediate stock effect is uncertain. Example Olympic coverage: USA women’s hockey / norovirus story. USA downs Czech Republic on Day 1 of Olympic women’s hockey headlined by norovirus outbreak
• Negative Sentiment: Despite the positive newsflow, shares are lower today — likely reflecting near-term profit-taking after recent gains, a relatively high P/E (~32.6) and limited immediate upside for traders who had already priced in the beat and analyst raises. Investors should watch upcoming subscription trends and guidance for confirmation of sustained digital growth.

New York Times Stock Down 1.5%

NYT stock opened at $68.07 on Monday. New York Times has a 52-week low of $44.83 and a 52-week high of $74.04. The firm has a market cap of $11.05 billion, a P/E ratio of 32.57, a PEG ratio of 1.51 and a beta of 1.11. The company’s 50-day simple moving average is $69.69 and its 200-day simple moving average is $62.22.

New York Times (NYSE:NYT) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. New York Times had a return on equity of 21.02% and a net margin of 12.18%.The company had revenue of $802.31 million during the quarter, compared to analysts’ expectations of $791.55 million. During the same quarter in the prior year, the firm posted $0.80 EPS. New York Times’s quarterly revenue was up 10.4% compared to the same quarter last year. On average, analysts anticipate that New York Times will post 2.08 earnings per share for the current fiscal year.

New York Times Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be paid a $0.23 dividend. This is a boost from New York Times’s previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times’s dividend payout ratio is presently 35.12%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC acquired a new stake in New York Times during the 1st quarter worth $442,000. Focus Partners Wealth boosted its position in New York Times by 52.2% during the first quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after acquiring an additional 3,990 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in New York Times by 690.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock valued at $42,000 after acquiring an additional 739 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in New York Times in the 2nd quarter valued at about $380,000. Finally, Robeco Institutional Asset Management B.V. lifted its stake in New York Times by 49.9% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 195,724 shares of the company’s stock worth $10,957,000 after purchasing an additional 65,175 shares in the last quarter. 95.37% of the stock is owned by institutional investors and hedge funds.

New York Times Company Profile

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.