Analysts Set The New York Times Company (NYSE:NYT) Price Target at $81.67

The New York Times Company (NYSE:NYT) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $81.6667.

A number of analysts recently weighed in on NYT shares. JPMorgan Chase & Co. upped their target price on shares of New York Times from $74.00 to $82.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Barclays upped their target price on shares of New York Times from $60.00 to $66.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a research note on Tuesday, April 21st. Citigroup upped their price objective on shares of New York Times from $77.00 to $94.00 and gave the stock a “buy” rating in a research note on Tuesday, March 24th. Finally, Wall Street Zen raised shares of New York Times from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th.

Insiders Place Their Bets

In other New York Times news, EVP Jacqueline M. Welch sold 4,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $74.14, for a total transaction of $296,560.00. Following the sale, the executive vice president directly owned 23,873 shares of the company’s stock, valued at approximately $1,769,944.22. This represents a 14.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP William Bardeen sold 4,121 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $77.85, for a total transaction of $320,819.85. Following the sale, the executive vice president directly owned 14,560 shares in the company, valued at $1,133,496. This represents a 22.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 17,121 shares of company stock valued at $1,310,920. 1.90% of the stock is currently owned by insiders.

Institutional Trading of New York Times

Several large investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its stake in shares of New York Times by 35.3% during the fourth quarter. AQR Capital Management LLC now owns 6,241,489 shares of the company’s stock valued at $433,284,000 after purchasing an additional 1,628,200 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of New York Times by 9.3% during the fourth quarter. Wellington Management Group LLP now owns 5,211,824 shares of the company’s stock valued at $361,805,000 after purchasing an additional 441,851 shares during the last quarter. Berkshire Hathaway Inc bought a new stake in shares of New York Times during the fourth quarter valued at approximately $351,664,000. State Street Corp grew its stake in shares of New York Times by 2.4% during the fourth quarter. State Street Corp now owns 5,027,198 shares of the company’s stock valued at $348,988,000 after purchasing an additional 116,012 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of New York Times by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 3,922,565 shares of the company’s stock valued at $272,347,000 after purchasing an additional 50,389 shares during the last quarter. 95.37% of the stock is owned by institutional investors.

New York Times News Summary

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

• Positive Sentiment: The New York Times Company declared a regular quarterly dividend of $0.23 per share, reinforcing its cash-generation profile and commitment to returning capital to shareholders. The New York Times Company Declares Regular Quarterly Dividend
• Neutral Sentiment: The company’s recent published coverage remains broad and high-volume, including politics, global affairs, business, sports, and culture, which supports ongoing audience engagement but does not by itself signal a major financial catalyst. Examples include World Cup coverage, geopolitical reporting, and U.S. politics articles.
• Neutral Sentiment: Recent earnings history remains constructive: NYT previously beat analyst expectations on both earnings and revenue, suggesting the core subscription and advertising business is still performing well.
• Negative Sentiment: Despite the dividend announcement, the stock has been under pressure relative to its recent trading range, which may reflect broader market rotation or profit-taking after a strong run rather than any new company-specific setback.

New York Times Stock Down 1.3%

NYSE NYT opened at $73.23 on Friday. The stock has a market cap of $11.85 billion, a P/E ratio of 31.43, a PEG ratio of 1.52 and a beta of 0.95. The company’s 50-day simple moving average is $78.14 and its 200 day simple moving average is $74.87. New York Times has a twelve month low of $51.03 and a twelve month high of $87.10.

New York Times (NYSE:NYT) last posted its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.12. The business had revenue of $712.24 million for the quarter, compared to analysts’ expectations of $699.93 million. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Research analysts anticipate that New York Times will post 2.93 earnings per share for the current year.

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.