New York Times (NYT) Expected to Announce Quarterly Earnings on Wednesday

New York Times (NYSE:NYT) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect New York Times to post earnings of $0.35 per share and revenue of $634.99 million for the quarter.

New York Times (NYSE:NYT) last posted its earnings results on Wednesday, February 5th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.06. New York Times had a net margin of 11.36% and a return on equity of 18.51%. On average, analysts expect New York Times to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

New York Times Price Performance

NYT stock traded up $0.09 during midday trading on Monday, hitting $52.40. 437,716 shares of the stock traded hands, compared to its average volume of 1,319,761. The stock’s fifty day simple moving average is $48.86 and its 200-day simple moving average is $51.64. The firm has a market cap of $8.56 billion, a P/E ratio of 29.38, a PEG ratio of 1.75 and a beta of 1.16. New York Times has a 1-year low of $44.70 and a 1-year high of $58.16.

New York Times Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Tuesday, April 1st were paid a $0.18 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $0.72 dividend on an annualized basis and a yield of 1.37%. This is a boost from New York Times’s previous quarterly dividend of $0.13. New York Times’s dividend payout ratio (DPR) is currently 40.45%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NYT shares. Morgan Stanley decreased their price objective on New York Times from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. StockNews.com upgraded shares of New York Times from a “hold” rating to a “buy” rating in a research report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $56.00.

About New York Times

The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company’s mobile application, website, printed newspaper, and associated content, such as podcast.