Brokerages Set The New York Times Company (NYSE:NYT) Price Target at $68.43

The New York Times Company (NYSE:NYT) has been assigned an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $68.4286.

NYT has been the topic of several research reports. Guggenheim set a $63.00 target price on New York Times and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. Barclays lifted their target price on New York Times from $55.00 to $60.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. increased their price target on shares of New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, Argus raised shares of New York Times to a “strong-buy” rating in a research report on Thursday, February 19th.

Insider Buying and Selling

In other New York Times news, CAO R Anthony Benten sold 1,913 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $73.57, for a total transaction of $140,739.41. Following the sale, the chief accounting officer directly owned 37,772 shares of the company’s stock, valued at approximately $2,778,886.04. This trade represents a 4.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Pacer Advisors Inc. boosted its position in New York Times by 58.8% during the fourth quarter. Pacer Advisors Inc. now owns 43,351 shares of the company’s stock worth $3,009,000 after purchasing an additional 16,046 shares in the last quarter. Kera Capital Partners Inc. purchased a new position in shares of New York Times during the 4th quarter valued at approximately $262,000. Compound Planning Inc. grew its stake in New York Times by 20.5% in the 4th quarter. Compound Planning Inc. now owns 4,688 shares of the company’s stock valued at $325,000 after acquiring an additional 798 shares during the period. Corient Private Wealth LLC increased its holdings in New York Times by 10.5% in the 4th quarter. Corient Private Wealth LLC now owns 24,973 shares of the company’s stock worth $1,734,000 after acquiring an additional 2,376 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in New York Times by 39.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 60,506 shares of the company’s stock worth $4,200,000 after acquiring an additional 17,232 shares during the period. Institutional investors and hedge funds own 95.37% of the company’s stock.

New York Times Stock Performance

Shares of NYT stock opened at $79.76 on Friday. New York Times has a fifty-two week low of $44.83 and a fifty-two week high of $79.91. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 38.16, a PEG ratio of 2.47 and a beta of 1.09. The stock’s 50-day simple moving average is $72.04 and its 200-day simple moving average is $64.41.

New York Times (NYSE:NYT) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.88 by $0.01. The firm had revenue of $802.31 million during the quarter, compared to analyst estimates of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 21.02%. New York Times’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS. As a group, equities analysts forecast that New York Times will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. This is a boost from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times’s dividend payout ratio is 34.45%.

More New York Times News

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

• Positive Sentiment: Zacks publishes a bullish note calling NYT a “strong growth stock,” citing favorable style scores that may attract growth- and momentum-oriented investors — this helps explain buying interest in the shares. Here’s Why New York Times Co. (NYT) is a Strong Growth Stock
• Positive Sentiment: Analyst consensus characterized as “Moderate Buy” supports the stock — reinforces investor confidence that NYT’s subscription-led revenue model and margin profile warrant premium multiples. The New York Times Company (NYSE:NYT) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: NYT continues to publish a wide range of high-profile news, opinion and sports coverage (examples today include international reporting and high-engagement political pieces). Ongoing content production helps sustain traffic and subscription levers, but individual articles typically have an unclear short-term impact on stock moves. Amid Rhetoric About Rupture With U.S., Finland Urges Calm
• Neutral Sentiment: Other NYT content (politics, investigations, sports live coverage) keeps engagement elevated; useful for longer-term subscriber trends but not an immediate catalyst by itself. Trump’s Foreign Policy: Resurrecting Empire
• Neutral Sentiment: Unrelated market filings (e.g., a separate SPAC IPO priced on Feb. 25) are circulating but have no direct impact on NYT fundamentals. APEX Tech Acquisition Inc. Prices $100 Million Initial Public Offering

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.