Barrington Research Has Negative View of TSQ FY2026 Earnings

Key Points

• Barrington Research has downgraded its FY2026 earnings per share (EPS) forecast for Townsquare Media to $0.73, down from $0.81, while maintaining an "Outperform" rating with a $13.00 price target.
• Townsquare Media reported Q2 earnings of $0.22 EPS, exceeding expectations by $0.01, along with revenues of $115.45 million, surpassing analysts’ estimates.
• The company declared a quarterly dividend of $0.20 per share, resulting in an annualized dividend yield of 11.9%, despite a negative dividend payout ratio of -60.15%.

Townsquare Media, Inc. (NYSE:TSQ - Free Report) - Investment analysts at Barrington Research cut their FY2026 earnings per share (EPS) estimates for Townsquare Media in a research note issued on Thursday, August 7th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $0.73 for the year, down from their prior forecast of $0.81. Barrington Research has a "Outperform" rating and a $13.00 price target on the stock. The consensus estimate for Townsquare Media's current full-year earnings is $1.07 per share. Barrington Research also issued estimates for Townsquare Media's Q4 2026 earnings at $0.36 EPS.

Townsquare Media (NYSE:TSQ - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. The company had revenue of $115.45 million during the quarter, compared to analysts' expectations of $114.77 million. Townsquare Media had a net margin of 7.93% and a negative return on equity of 53.38%.

A number of other analysts have also weighed in on TSQ. Wall Street Zen lowered Townsquare Media from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th. Noble Financial reissued a "buy" rating and issued a $21.00 price target on shares of Townsquare Media in a report on Friday, May 9th.

Townsquare Media Stock Up 0.6%

NYSE:TSQ traded up $0.04 during mid-day trading on Friday, reaching $6.73. The company's stock had a trading volume of 9,597 shares, compared to its average volume of 86,070. Townsquare Media has a 1 year low of $6.47 and a 1 year high of $11.37. The firm has a market capitalization of $110.04 million, a PE ratio of 3.33, a price-to-earnings-growth ratio of 1.23 and a beta of 1.15. The stock has a fifty day moving average of $7.45 and a 200-day moving average of $7.69.

Townsquare Media Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Monday, October 27th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, October 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.9%. Townsquare Media's dividend payout ratio (DPR) is currently -60.15%.

Insider Activity

In other Townsquare Media news, COO Erik Hellum sold 10,000 shares of Townsquare Media stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $7.09, for a total value of $70,900.00. Following the completion of the transaction, the chief operating officer directly owned 723,948 shares of the company's stock, valued at $5,132,791.32. The trade was a 1.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last three months, insiders have sold 35,000 shares of company stock worth $246,267. 30.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Townsquare Media

Several hedge funds have recently added to or reduced their stakes in TSQ. Millennium Management LLC raised its holdings in shares of Townsquare Media by 129.9% in the fourth quarter. Millennium Management LLC now owns 92,557 shares of the company's stock valued at $841,000 after buying an additional 52,299 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Townsquare Media by 23.2% during the first quarter. Rhumbline Advisers now owns 18,036 shares of the company's stock worth $147,000 after purchasing an additional 3,393 shares during the period. Bank of America Corp DE increased its stake in Townsquare Media by 13.0% in the 4th quarter. Bank of America Corp DE now owns 51,988 shares of the company's stock valued at $473,000 after buying an additional 6,000 shares during the period. Two Sigma Advisers LP raised its position in Townsquare Media by 130.7% during the 4th quarter. Two Sigma Advisers LP now owns 103,600 shares of the company's stock worth $942,000 after buying an additional 58,700 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Townsquare Media by 25.1% during the fourth quarter. Northern Trust Corp now owns 144,847 shares of the company's stock worth $1,317,000 after purchasing an additional 29,019 shares in the last quarter. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

About Townsquare Media

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

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