Somewhat Positive News Coverage Somewhat Unlikely to Impact New Media Investment Group (NEWM) Stock Price
News stories about New Media Investment Group (NYSE:NEWM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. New Media Investment Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.2460182044977 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, BidaskClub raised New Media Investment Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 14th.
New Media Investment Group (NEWM) opened at $16.72 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 1.84 and a debt-to-equity ratio of 0.53. New Media Investment Group has a twelve month low of $11.87 and a twelve month high of $17.62. The stock has a market capitalization of $900.48, a PE ratio of 47.00 and a beta of 1.36.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Wednesday, November 8th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 8.85%. This is a boost from New Media Investment Group’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Tuesday, November 7th. New Media Investment Group’s payout ratio is currently -704.76%.
ILLEGAL ACTIVITY WARNING: This news story was first reported by Watch List News and is owned by of Watch List News. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and international trademark & copyright law. The correct version of this news story can be accessed at https://www.watchlistnews.com/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-new-media-investment-group-newm-stock-price/1760440.html.
New Media Investment Group Company Profile
New Media Investment Group Inc is a holding company. The Company owns, operates and invests in local media assets. The Company’s segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets.
Receive News & Ratings for New Media Investment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Media Investment Group and related companies with Analyst Ratings Network's FREE daily email newsletter.