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ITV plc (ITV.L)

Communication Services Out of favour

Broadcasters and makers of hit television shows like Love Island, earning their crust through traditional telly ads and streaming apps.

£0.74
≈ 74p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is ITV plc a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Generates substantial cash flows supporting a high dividend yield. Worth weighing: Traditional television advertising is a cyclical and slowly declining market. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-7.5%
52-week range-4% past year
£0.74
Low £0.66High £0.87
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into ITV plc
£925-8%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has ITV plc actually fallen?

−25%

Over the last 2 years of daily prices, ITV plc fell as much as −25% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£2.78B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
9.57M
Day range: The lowest and highest price the shares traded at during the latest day.
£0.74 – £0.76
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£0.66 – £0.87
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
12.4
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
6.7%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.82
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.82
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +2% past week · ▼ -4% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

successful transformation into a digital-first streaming and global studio powerhouse

The bear case

failure to monetise digital platforms effectively against global streaming giants

What does ITV plc do?

Advertisers pay to put their products in front of viewers during peak-time telly, while global networks pay to license shows produced by ITV's studios division. These two revenue streams keep the cameras rolling and generate cash that feeds both digital growth and shareholder payouts. The critical watch-point for anyone following the business is how quickly its digital streaming revenue can offset the gradual cooling of traditional linear television viewing.

VQGMI
Factor profile

On our factor screen it looks strongest on value and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 71Quality: How profitable and financially healthy the company is (higher = stronger). 43Growth: How fast revenue and earnings are growing (higher = faster). 48Momentum: How the share price has been trending recently (higher = stronger recent run). 20Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 59
Quick checks
What's strong
  • Value screens high (71/100)
  • Generates substantial cash flows supporting a high dividend yield
  • Produces popular global content through its large studios arm
  • Trading at a low forward earnings multiple relative to the wider market
What to watch
  • Momentum screens low (20/100)
  • Economic downturns heavily impact corporate marketing and advertising budgets
  • Rapidly shifting consumer habits away from scheduled television broadcasting
  • Hit-driven nature of television production can lead to unpredictable earnings

What do ITV plc's numbers mean?

P/E
12.4
This shows how many pounds investors are paying for every pound of current annual profit.
Lower than most of the 39 Communication Services shares we cover
Forward P/E
8.4
This lowers the valuation multiple based on predicted higher future earnings.
Lower than most of the 50 Communication Services shares we cover
Dividend yield
6.7%
This reflects the portion of the share price returned to investors each year as cash payouts.
Higher than most of the 51 Communication Services shares we cover
Revenue growth (yoy)
1.1%
This reveals modest year-on-year top-line expansion across the business.

Does ITV plc pay a dividend?

Yes - ITV plc currently pays a dividend of about 6.7% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about ITV plc's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield6.7%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio82%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover1.2×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does ITV plc report earnings, and how did recent quarters go?

ITV plc is next scheduled to report on about 2027-03-04 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Communication Services

The Trade Desk, Inc.Meta PlatformsAlphabet (Google)Alphabet (Google)Electronic Arts Inc.Omnicom Group Inc.Comcast CorporationVerizon Communications Inc.

What are the scenarios for ITV plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£1£1£1today · £1▲ Bull · £1• Base · £1▼ Bear · £1in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +15%stronger advertising demand during major sports events
Base
-2% to +5%steady advertising revenue alongside modest digital subscriber gains
Bear
-15% to -5%a sudden slump in corporate marketing budgets reducing ad spend

What are the pros and cons of ITV plc?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Generates substantial cash flows supporting a high dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
  • Produces popular global content through its large studios arm
  • Trading at a low forward earnings multiple relative to the wider market
The catch3
  • Traditional television advertising is a cyclical: A business whose sales and profits rise and fall with the wider economy - booming in good times, sinking in downturns. Miners, carmakers and banks are classic examples. and slowly declining market
  • Modest recent top-line revenue growth: How fast the company's sales grew versus a year ago. of just over one percent
  • Fierce competition for eyeballs from well-funded global streaming giants
Key risks3
  • Economic downturns heavily impact corporate marketing and advertising budgets
  • Rapidly shifting consumer habits away from scheduled television broadcasting
  • Hit-driven nature of television production can lead to unpredictable earnings
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.