How to Buy New York Times Co Stock
New York Times Co
New York Times Co is a publishing company located in New York, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker NYT on the NYSE exchange.
New York Times Co stock last closed at $44.45, up 2.58% from the previous day, and has increased 12.73% in one year. It has overperformed other stocks in the Publishing industry by 0.03 percentage points. New York Times Co stock is currently +26.78% from its 52-week low of $35.06, and -10.87% from its 52-week high of $49.87.
As of May 2, 2024, there are 164.1M shares of NYT outstanding. The market value of NYT is $7.29B. In the last 24 hours, 1.06M NYT shares were traded.
How to Buy New York Times Co Stock
Not sure how to invest in New York Times Co stock? Here's how.
- Figure out where to buy New York Times Co stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy New York Times Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Analyze New York Times Co stock: The New York Times Co ticker symbol is NYT. Is New York Times Co stock a good investment? Should you buy shares of NYT? How do NYT's underlying business fundamentals look? Do top analysts think New York Times Co is a good buy? Why has NYT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if NYT is a good stock to buy).
- Place your NYT trade: Decide if you will purchase NYT shares at the current market price or use a limit order to buy NYT shares at a particular price.
- Get notifications regarding your investment in NYT: Create a watchlist to important updates regarding your position in New York Times Co shares.
Step 1: Figure out where to buy New York Times Co stock
You will need a brokerage account to access the NYSE market and buy NYT shares.
Our recommended brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to buy NYT today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best free stock trading app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your new investment account.
Step 4: Analyze New York Times Co stock
Once you have decided on the best place to buy New York Times Co stock, it's very important to research their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
New York Times Co Numbers
Fundamentals of New York Times Co
WallStreetZen was created to help average investors do better fundamental analysis in less time.
You can see all of the due diligence checks on NYT's stock page.
What is the fair value of NYT stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NYT's intrinsic value.
Using relative valuations methods:
- NYT could be overvalued based on its P/E ratio of 31.52x, relative to Publishing industry P/E ratio of 19.55x
- NYT could be overvalued based on its P/B ratio of 4.14x, relative to Publishing industry P/B ratio of 2.21x
You can do additional valuation research on NYT's stock here.
A look at NYT Cashflows and Balance Sheet
Positive Financial Indicators:
- NYT's operating cash flow of $360.62M allows it to safely service it's debt of $0.00.
- NYT earnings of $281.12M is not enough to cover its interest payments.
- Total NYT debt is lower than 5 years ago, relative to shareholder equity.
- NYT profit margin has gone up from 7.5% to 9.6% in the past year.
- There are more short-term assets than long-term liabilities on the NYT balance sheet.
- There are more short-term assets than short-term liabilities on the NYT balance sheet.
Negative Financial Indicators:
- NYT has a relatively high debt to equity ratio of 0.54.
Is NYT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who monitor NYT, the consensus analyst rating on New York Times Co is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the New York Times Co stock forecast page.
NYT Technicals
NYT Earnings
Last year, NYT earnings were $232.39M. In the last five year, NYT's earnings have grown by 13.16% per year. This was faster than the Publishing industry average of 1.95%.
Last year, NYT revenue was $2.43B. In the last 5 year, NYT's revenue has gone up by 6.77% per year. This was faster than the Publishing industry average of 2.03%.
You can analyze NYT's earnings and revenue performance here.
What are NYT executives and large shareholders up to?
In the past year, insiders at NYT have sold more shares than they have bought.
William Bardeen, Chief Financial Officer of NYT, was the latest NYT insider to sell. They sold $10,786.68 worth of NYT stock on Feb 22, 2024.
Dig into more about who owns NYT stock here.
Does NYT stock generate passive income?
New York Times Co pays a dividend of 1.03%, compared to the Publishing industry's average dividend yield of 5.31%. If you owned $1,000 of NYT stock, you would have been paid $10.35 last year.
New York Times Co dividend payments have consistently grown over the past decade and have remained stable.
Get more data about New York Times Co dividend yield and history here.
What do other traders have to say about NYT?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your NYT trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you need additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in NYT
Now that you own some NYT shares, you'll want to stay up-to-date on your company.
Add NYT to a watchlist to get the latest updates about your NYT stock.
NYT Feed
How to Buy Stock in New York Times Co
To reiterate, here are the 6 steps you need to take to buy New York Times Co stock right now:
- Figure out where to buy New York Times Co stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze New York Times Co stock
- Place your NYT trade
- Get notifications regarding your investment in NYT
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in New York Times Co, hit the button below to create your watchlist.
More Stock Buying Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.