New York Times (NYSE:NYT) Reaches New 52-Week High – Should You 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 $71.14 and last traded at $70.6850, with a volume of 33923 shares changing hands. The stock had previously closed at $70.71.

Key Stores Impacting New York Times

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

• Positive Sentiment: The Motley Fool highlights NYT as the top media stock to buy with $100, saying the share price has been climbing past analyst targets and calling out the company’s active efforts to protect its intellectual property — including a new lawsuit against AI-research startup Perplexity — which investors interpret as protection of content/licensing revenue. The Best Media Stock to Buy With $100 Right Now
• Positive Sentiment: Recent fundamental results support the rally: NYT beat Q3 estimates (reported Nov. 5), with EPS and revenue ahead of consensus and ~9.5% revenue growth year-over-year — evidence of continued subscriber/monetization strength that investors reward. (Company Q3 results and guidance referenced from recent filings and the company’s earnings release.)
• Neutral Sentiment: High-profile news coverage and features in the last 24–48 hours (examples: coverage of the Moscow blast, China nuclear posture reporting, and a Ukraine peace-plan explainer) can drive short-term traffic and subscriptions but their impact on near-term revenue is uncertain and episodic. Blast Kills Three in Moscow Near Site of General’s Car Bombing China Is Shifting Its Nuclear Forces to Swifter Footing, Pentagon Says Here’s What Is in the 20-Point Peace Plan for Ukraine
• Negative Sentiment: Legal actions (e.g., suit vs. Perplexity) are a double-edged sword: they can protect subscription/licensing economics if successful, but they also create legal costs and uncertainty — outcomes and timelines are unpredictable. Investors should weigh potential upside against litigation risk and expense.
• Negative Sentiment: Valuation and liquidity considerations: NYT trades at a premium (P/E in the mid-30s) and today’s volume is below average, which can amplify price moves and make the stock sensitive to short-term news or any miss in future results.

Analysts Set New Price Targets

NYT has been the subject of a number of recent analyst reports. Barclays boosted their target price on New York Times from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Evercore ISI reissued an “outperform” rating on shares of New York Times in a report on Thursday, November 6th. JPMorgan Chase & Co. raised their target price on shares of New York Times from $70.00 to $71.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Citigroup boosted 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 note on Tuesday. Finally, Zacks Research cut New York Times from a “strong-buy” rating to a “hold” rating in a report on Monday, September 8th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, New York Times presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.71.

New York Times Price Performance

The company’s 50-day simple moving average is $63.25 and its two-hundred day simple moving average is $58.86. The firm has a market capitalization of $11.53 billion, a P/E ratio of 34.64, a P/E/G ratio of 1.77 and a beta of 1.16.

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 return on equity of 20.30% and a net margin of 12.29%.The firm had revenue of $700.82 million during the quarter, compared to analyst estimates of $692.01 million. During the same period in the prior year, the business posted $0.45 EPS. New York Times’s revenue was up 9.5% on a year-over-year basis. Analysts predict that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC raised its position in shares of New York Times by 78.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock valued at $233,265,000 after purchasing an additional 1,836,788 shares during the period. Abrams Bison Investments LLC purchased a new stake in New York Times in the 2nd quarter worth $78,932,000. Acadian Asset Management LLC raised its holdings in New York Times by 383.0% during the first quarter. Acadian Asset Management LLC now owns 1,765,338 shares of the company’s stock valued at $87,538,000 after acquiring an additional 1,399,865 shares during the period. Two Sigma Investments LP lifted its position in shares of New York Times by 98.5% in the third quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock valued at $117,993,000 after acquiring an additional 1,020,031 shares in the last quarter. Finally, Boston Trust Walden Corp bought a new position in shares of New York Times in the third quarter worth about $58,209,000. 95.37% of the stock is currently owned by institutional investors.

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.