Last $47.66 USD
Change Today +0.40 / 0.85%
Volume 129.2K
MDP On Other Exchanges
New York
As of 12:25 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

meredith corp (MDP) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/22/13 - $53.84
52 Week Low
04/18/13 - $36.06
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MEREDITH CORP (MDP)

meredith corp (MDP) Details

Meredith Corporation, a media and marketing company, is engaged in magazine publishing and related brand licensing, television broadcasting, digital and customer relationship marketing, digital and mobile media, and video creation operations in the United States. It operates in two segments, National Media and Local Media. The National Media segment publishes magazines for woman with focus on home and family market. This segment publishes approximately 20 subscription magazines that include Better Homes and Gardens, Family Circle, Ladies' Home Journal, Parents, FamilyFun, American Baby, EveryDay with Rachael Ray, and Fitness, as well as approximately 120 special interest publications under approximately 75 titles. Its portfolio also includes Parenting and Babytalk magazines; and approximately 30 mobile-optimized Websites and 30 applications. In addition, this segment provides specialized marketing products and services to America's companies; and a consumer database, as well as involved in brand licensing and other related operations. The Local Media segment consists of 12 network-affiliated television stations comprising 6 CBS affiliates, 3 FOX affiliates, 2 MyNetworkTV affiliates, and 1 NBC affiliate; and a video creation unit. This segment also includes 20 Web sites and mobile Websites, as well as 36 applications focusing on news, sports, and weather-related information. The company was founded in 1902 and is headquartered in Des Moines, Iowa.

3,250 Employees
Last Reported Date: 08/21/13
Founded in 1902

meredith corp (MDP) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $975.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $560.0K
President of Local Media Group
Total Annual Compensation: $705.0K
President of National Media Group
Total Annual Compensation: $700.0K
Chief Development Officer, General Counsel an...
Total Annual Compensation: $645.0K
Compensation as of Fiscal Year 2013.

meredith corp (MDP) Key Developments

Meredith Corporation Promotes Janell Pittman to Vice President and General Manager of the Better Homes and Gardens and Parents Digital Network

Meredith Corporation announced that Janell Pittman, General Manager of, has been promoted to Vice President and General Manager of the Better Homes and Gardens and Parents Digital Network, effective immediately. In her new role, Pittman will add management of and to her existing responsibilities as General Manager of Pittman has been instrumental in building out with a strong focus on audience and revenue generating features. Under her leadership, has realized a 50% increase in quality comScore traffic since June 2012. Pittman also led the team that launched Must-Have Recipes from Better Homes and Gardens, Meredith's first mobile app with multiple revenue streams. That app has been downloaded more than 4 million times since it launched in December 2011. Additionally, she has expertly led the creation of a collaborative, data-driven, and results-focused planning process that leverages strengths across the company.

Meredith Corporation Announces Director James R. Craigie Resigned from the Board of Directors

On March 18, 2014, Meredith Corporation announced that director James R. Craigie resigned from the Board of Directors of the company effective May 7, 2014. Mr. Craigie's decision to resign from the Board was solely for personal reasons and did not involve any disagreement with the company.

Meredith Corporation Issues $150 Million Unsecured Senior Notes

On February 28, 2014, Meredith Corporation issued $150 million in floating-rate unsecured Senior Notes to two insurance companies. The proceeds, along with borrowings under existing facilities, were used to finance the acquisition of KMOV (TV), St. Louis, Missouri for $177 million from Gannett Co. Inc. and Sander Media LLC. The Senior Notes bear interest at 1.5% over LIBOR and are due in February 2024.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MDP:US $47.66 USD +0.40

MDP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Deluxe Corp $50.23 USD +0.42
Sapient Corp $16.26 USD +0.33
Scholastic Corp $33.13 USD -0.08
Sinclair Broadcast Group Inc $27.51 USD +0.17
New York Times Co/The $16.71 USD +0.42
View Industry Companies

Industry Analysis


Industry Average

Valuation MDP Industry Range
Price/Earnings 18.2x
Price/Sales 1.4x
Price/Book 2.4x
Price/Cash Flow 10.5x
TEV/Sales 0.9x

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MEREDITH CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at