Tribune Media Company has 86,650,000 shares which are now outstanding with shareholders and have a price of 41.89 bringing Tribune Media Company's market capitalisation to 3.63B Dollars. The company has grown 10.23% in past 3 months and in the last five trades has moved down -1.07%.
Company shares have been seen trading -4.25% off of the 52 week high and 67.21% away from the 52 week low. Jefferies Group LLC raised their price target on Tribune Media from $30.00 to $36.00 and gave the company a neutral rating in a report on Thursday, March 2nd. The ex-dividend date is Thursday, May 18th.
Earnings per share is the portion of a company's profit allocated to each outstanding share of common stock.
Tribune Media Company (TRCO) will report its next earnings on May 10 BMO.
Television and Entertainment Adjusted EBITDA was $75.2 million for the first quarter of 2017 compared to $116 million in the first quarter of 2016, a decrease of $40.8 million, or 35%, primarily due to lower advertising revenues as well as increased programming expenses, as described above.
ILLEGAL ACTIVITY WARNING: "Tribune Media Co Announces Quarterly Dividend of $0.25 (trco)" was published by Transcript Daily and is owned by of Transcript Daily. A rating of 4 or 5 would represent a Sell recommendation. The stock exchanged hands with 7.72 million shares contrast to its average daily volume of 2.49 million shares.More news: Equipment water leak shortens spacewalk by 2 US astronauts
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Among 7 analysts covering Tribune Media (NYSE:TRCO), 2 have Buy rating, 2 Sell and 3 Hold. BWS Financial lowered their price objective on Tribune Media from $54.00 to $48.00 and set a "buy" rating on the stock in a research report on Monday, May 1st. The stock's 50 day moving average price is $38.07 and its 200-day moving average price is $34.77.
US broadcaster Tribune Media Co, which agreed to be bought by Sinclair Broadcast Group Inc, reported a loss in the first quarter, compared to a profit a year earlier, hurt partly by lower ad revenue from its TV and entertainment business. The company's market capitalization is $3.59 billion. The business's revenue was down 6.1% compared to the same quarter past year.
In the past 5 years, the stock showed growth of -12.63% per annum.
Analysts are also projecting an Average Revenue Estimate for Tribune Media Company as $3000 in the Current Quarter. Stockholders of record on Monday, May 22nd will be paid a $0.25 dividend. If you are reading this article on another site, it was copied illegally and republished in violation of USA and global copyright & trademark laws. Morgan Stanley initiated the shares of TRCO in report on Wednesday, August 19 with "Equal Weight" rating. Tribune Media's dividend payout ratio is presently -24.39%. BNP Paribas Arbitrage SA boosted its position in Tribune Media by 16,110.8% in the first quarter. The correct version of this article can be read at https://www.themarketsdaily.com/2017/05/12/gabelli-lowers-tribune-media-co-trco-to-sell.html.
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