New York Times (NYSE:NYT) Hits New 12-Month High – Time to Buy?

The New York Times Company (NYSE:NYT)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $72.15 and last traded at $71.5920, with a volume of 40974 shares changing hands. The stock had previously closed at $71.31.

Trending Headlines about New York Times

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

• Positive Sentiment: Heavy, original coverage of Iran’s efforts to keep the country online underscores NYT’s investigative/technology reporting that drives subscriber engagement and retention. Inside the Fight to Keep Iran Online
• Positive Sentiment: Extensive live reporting on international tensions (calls to postpone attacks on Iran) is a classic traffic and subscriber-driver for NYT’s premium live/alerts products, which can boost short-term engagement and ad impressions. Trump Administration Live Updates: Israel and Arab Nations Urge Trump to Postpone Attack on Iran
• Positive Sentiment: Breaking coverage of NASA’s medical evacuation highlights NYT’s capability on fast, high-profile science/space reporting — again likely to increase short-term traffic and engagement across digital/subscriber channels. Highlights From NASA’s Medical Evacuation From the Space Station
• Neutral Sentiment: Diplomatic coverage (White House–Denmark/Greenland) is important for readership depth but is less likely to move subscribers materially; it supports NYT’s national/global news positioning. What Did the White House and Denmark Agree to on Greenland? It Depends Whom You Ask.
• Neutral Sentiment: Business/economic reporting (Canada slashing tariffs on some Chinese EVs) demonstrates NYT’s business coverage breadth; useful for audiences but impact on near-term subscriber revenue is uncertain. Canada Breaks With U.S. to Slash Tariffs on Some Chinese Electric Vehicles
• Negative Sentiment: Coverage showing rising consumer prices (grocery inflation) highlights macro pressures that could damp consumer discretionary spending and advertiser budgets — a potential headwind for ad revenue and slower paid growth in tougher cost environments. Despite Trump’s Claims, Grocery Prices Are Rising

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NYT. Morgan Stanley set a $68.00 price objective on New York Times in a research report on Thursday, December 18th. Evercore ISI reissued an “outperform” rating on shares of New York Times in a research report on Thursday, November 6th. Citigroup raised their price target on shares of New York Times from $72.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, December 23rd. UBS Group set a $62.00 price objective on shares of New York Times in a research note on Thursday, November 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of New York Times in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.71.

New York Times Stock Performance

The stock’s 50 day simple moving average is $67.24 and its 200-day simple moving average is $60.46. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 34.90, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12.

New York Times (NYSE:NYT) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. New York Times had a net margin of 12.29% and a return on equity of 20.30%. The business had revenue of $700.82 million during the quarter, compared to the consensus estimate of $692.01 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. On average, analysts expect that The New York Times Company will post 2.08 EPS for the current fiscal year.

New York Times Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Tuesday, January 6th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, January 6th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.0%. New York Times’s dividend payout ratio is currently 35.12%.

Institutional Investors Weigh In On New York Times

Large investors have recently bought and sold shares of the company. Employees Retirement System of Texas purchased a new position in New York Times during the 2nd quarter worth approximately $28,000. Hantz Financial Services Inc. raised its holdings in shares of New York Times by 4,591.7% during the second quarter. Hantz Financial Services Inc. now owns 563 shares of the company’s stock worth $32,000 after purchasing an additional 551 shares during the last quarter. True Wealth Design LLC lifted its position in New York Times by 519.6% during the second quarter. True Wealth Design LLC now owns 570 shares of the company’s stock valued at $32,000 after purchasing an additional 478 shares during the period. Larson Financial Group LLC boosted its holdings in New York Times by 59.6% in the third quarter. Larson Financial Group LLC now owns 656 shares of the company’s stock valued at $38,000 after purchasing an additional 245 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in New York Times by 86.8% in the second quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company’s stock valued at $40,000 after purchasing an additional 330 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

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.