New York Times (NYSE:NYT) Shares Gap Down – Here’s What Happened

The New York Times Company (NYSE:NYT)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $72.21, but opened at $62.35. New York Times shares last traded at $61.16, with a volume of 669,090 shares changing hands.

New York Times News Summary

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

• Positive Sentiment: Q4 results beat modestly — NYT reported $0.89 EPS vs. $0.88 consensus and revenue of $802.3M (up ~10.4% year-over-year), showing durable top-line growth driven by digital. NYT Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Management guided first-quarter subscription revenue growth above Street estimates, citing its bundling strategy for news and lifestyle products — a key driver for recurring revenue and margin expansion. NYT forecasts quarterly subscription revenue growth above estimates
• Positive Sentiment: Full-year results highlight digital subscription and advertising strength: total 2025 revenue rose ~9% with digital more than offsetting print declines, supporting NYT’s multi-revenue strategy and margin improvement. New York Times reports strong 2025 growth as Washington Post cuts staff
• Neutral Sentiment: Investor materials and the earnings slide deck / conference call are available for details on subscriber metrics, product bundling, and cost trends — useful for parsing forward guidance and unit economics. View Press Release / Slide Deck
• Neutral Sentiment: Analyst recaps (Zacks/others) emphasize beat but recommend watching key metrics (subscriber adds, churn, ad trends) in the slides/call for signs of sustainable acceleration. NYT Q4 Earnings: Key Metrics Versus Estimates
• Negative Sentiment: Market reaction was negative: shares fell sharply on the print despite the beat. Investors likely sold into the news because the EPS beat was tiny, expectations were elevated, and the report may not have delivered materially stronger forward signals; trading volume spiked, indicating distribution. What’s Going On With New York Times Stock Today?

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on NYT shares. Citigroup upped their target price on shares of New York Times from $72.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Morgan Stanley set a $68.00 price objective on shares of New York Times in a report on Thursday, December 18th. Evercore ISI reaffirmed an “outperform” rating on shares of New York Times in a report on Thursday, November 6th. UBS Group set a $62.00 target price on shares of New York Times in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, New York Times has an average rating of “Moderate Buy” and a consensus target price of $66.43.

New York Times Stock Down 6.9%

The company’s fifty day moving average price is $69.49 and its two-hundred day moving average price is $62.03. The company has a market cap of $10.91 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 1.61 and a beta of 1.11.

New York Times (NYSE:NYT) last released its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. The firm had revenue of $802.31 million during the quarter, compared to analysts’ expectations of $791.55 million. New York Times had a return on equity of 20.30% and a net margin of 12.29%.The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. On average, equities research analysts predict that The New York Times Company will post 2.08 earnings per share for the current fiscal year.

New York Times Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Tuesday, January 6th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $0.72 dividend on an annualized basis and a yield of 1.1%. New York Times’s dividend payout ratio is 35.12%.

Institutional Trading of New York Times

Institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP grew its position in New York Times by 4.6% in the third quarter. Wellington Management Group LLP now owns 4,769,973 shares of the company’s stock valued at $273,796,000 after purchasing an additional 209,616 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of New York Times by 10.2% in the 3rd quarter. AQR Capital Management LLC now owns 4,613,289 shares of the company’s stock valued at $264,803,000 after acquiring an additional 425,401 shares in the last quarter. Geode Capital Management LLC increased its position in shares of New York Times by 1.2% in the second quarter. Geode Capital Management LLC now owns 3,826,905 shares of the company’s stock valued at $214,257,000 after acquiring an additional 46,249 shares during the last quarter. Burgundy Asset Management Ltd. raised its holdings in New York Times by 1.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,368,819 shares of the company’s stock worth $132,606,000 after acquiring an additional 43,595 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in New York Times by 26.5% during the second quarter. Acadian Asset Management LLC now owns 2,232,830 shares of the company’s stock valued at $124,973,000 after purchasing an additional 467,492 shares during the last quarter. Institutional investors own 95.37% of the company’s stock.

About New York Times

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.