Stock Analysis Report

Executive Summary

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States.

Snowflake Analysis

Good value with poor track record.

Similar Companies

Share Price & News

How has Lee Enterprises's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: LEE's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Media


US Market

1 Year Return




US Media


US Market

Return vs Industry: LEE underperformed the US Media industry which returned -19.8% over the past year.

Return vs Market: LEE underperformed the US Market which returned -15.9% over the past year.

Shareholder returns

7 Day-5.9%-1.5%-2.6%
30 Day-39.1%-16.8%-15.2%
90 Day-33.7%-26.6%-22.2%
1 Year-71.3%-71.3%-16.2%-17.4%-11.5%-13.3%
3 Year-64.4%-64.4%-13.8%-17.4%13.2%5.7%
5 Year-70.1%-70.1%-0.2%-8.1%31.8%17.2%

Price Volatility Vs. Market

How volatile is Lee Enterprises's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Lee Enterprises undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: LEE ($0.91) is trading below our estimate of fair value ($4.9)

Significantly Below Fair Value: LEE is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: LEE is good value based on its PE Ratio (5.5x) compared to the Media industry average (8.5x).

PE vs Market: LEE is good value based on its PE Ratio (5.5x) compared to the US market (12.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LEE's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: LEE has negative assets, so we can't compare its PB Ratio to the US Media industry average.

Next Steps

Future Growth

How is Lee Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Media industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lee Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has Lee Enterprises performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LEE has a large one-off loss of $16.9M impacting its December 29 2019 financial results.

Growing Profit Margin: LEE's current net profit margins (1.9%) are lower than last year (4%).

Past Earnings Growth Analysis

Earnings Trend: LEE's earnings have grown by 2.8% per year over the past 5 years.

Accelerating Growth: LEE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LEE had negative earnings growth (-56.9%) over the past year, making it difficult to compare to the Media industry average (7.2%).

Return on Equity

High ROE: LEE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Next Steps

Financial Health

How is Lee Enterprises's financial position?

Financial Position Analysis

Short Term Liabilities: LEE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LEE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: LEE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LEE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: LEE's debt is not well covered by operating cash flow (11.5%).

Interest Coverage: LEE's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Balance Sheet

Next Steps


What is Lee Enterprises's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate LEE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LEE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LEE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEE's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: LEE is not paying a notable dividend for the US market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEE's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Kevin Mowbray (57yo)





Mr. Kevin D. Mowbray is a Director, President and Chief Executive Officer of Lee Enterprises, Incorporated (“Lee”) since February 17, 2016. Prior to his election as CEO, Mr. Mowbray was Executive Vice Pre ...

CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD1.84M) is above average for companies of similar size in the US market ($USD626.39K).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

Leadership Team

Kevin Mowbray
President4.17yrsUS$1.84m1.49% $788.9k
Timothy Millage
VP, CFO & Treasurer2yrsUS$541.51k0.16% $86.8k
Michele White
VP of IT & Chief Information Officer8.83yrsno datano data
Astrid Garcia
Vice President of Human Resources & Legal6.33yrsno datano data
Charles Arms
Corporate Communications Manager5.17yrsno datano data
John Humenik
VP of News & Chief Content Officer5.17yrsUS$554.82k0.23% $124.0k
C. Waterman
Board Secretaryno datano data0.015% $8.0k
Joshua Trust
President & Publisher River Valley Media Groupno datano datano data
Jamie Seratt
Corporate Controllerno datano datano data


Average Tenure


Average Age

Experienced Management: LEE's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Kevin Mowbray
President4.17yrsUS$1.84m1.49% $788.9k
Mary Junck
Chairman of the Board18.25yrsUS$959.91k2.78% $1.5m
Gregory Schermer
Director21.25yrsUS$100.00k2.06% $1.1m
William Mayer
Independent Director22.25yrsUS$103.00k0.21% $110.8k
Herbert Moloney
Lead Director5.25yrsUS$139.00k0.20% $105.3k
David Pearson
Independent Director0.17yrno datano data
Steven Fletcher
Independent Director0.17yrno data0.017% $9.1k
Richard Cole
Independent Director14.17yrsUS$102.00k0.18% $96.2k
Brent Magid
Independent Director9.58yrsUS$114.00k0.17% $91.0k
Margaret Liberman
Independent Director0.83yrUS$33.28k0.017% $9.1k


Average Tenure


Average Age

Experienced Board: LEE's board of directors are considered experienced (7.4 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Lee Enterprises, Incorporated's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Lee Enterprises, Incorporated
  • Ticker: LEE
  • Exchange: NYSE
  • Founded: 1890
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$52.788m
  • Shares outstanding: 58.14m
  • Website: https://www.lee.net

Number of Employees


  • Lee Enterprises, Incorporated
  • 4600 E. 53rd Street
  • Davenport
  • Iowa
  • 52807
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEENYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
LE7DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969


Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers print and digital editions of daily, weekly, and monthly newspapers and publications; and digital services, including Web hosting and content management for other content producers. It also provides advertising and marketing services, such as local retail, classified, national, and digital advertising through Websites and mobile apps, as well as digital marketing services to small to medium businesses, including search engine marketing, social media, audience extension, business profiles, and Website hosting and design. In addition, the company offers integrated digital publishing and content management solutions for creating, distributing, and monetizing multimedia content for daily and weekly newspapers, as well as universities, television stations, and niche publications. Further, it provides commercial printing services; distributes third party publications; and operates a digital marketing agency. Additionally, the company publishes 9 daily newspapers, and approximately 60 weekly newspapers and specialty publications. Lee Enterprises, Incorporated was founded in 1890 and is based in Davenport, Iowa. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 01:58
End of Day Share Price2020/04/06 00:00
Annual Earnings2019/09/29

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.