Townsquare Media (NYSE:TSQ) Given New $13.00 Price Target at Barrington Research

Townsquare Media (NYSE:TSQ - Free Report) had its price objective trimmed by Barrington Research from $15.00 to $13.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock. Barrington Research also issued estimates for Townsquare Media's Q4 2025 earnings at $0.23 EPS, Q2 2026 earnings at $0.25 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.44 EPS and FY2027 earnings at $0.75 EPS.

TSQ has been the subject of several other reports. StockNews.com upgraded shares of Townsquare Media from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 8th. Noble Financial reaffirmed an "outperform" rating and set a $21.00 target price on shares of Townsquare Media in a research note on Friday, January 24th.

Townsquare Media Stock Performance

NYSE:TSQ traded down $0.24 during mid-day trading on Friday, hitting $7.10. 81,754 shares of the company's stock traded hands, compared to its average volume of 57,465. The company has a market capitalization of $114.44 million, a P/E ratio of -2.62, a P/E/G ratio of 0.58 and a beta of 1.08. The company has a fifty day moving average of $7.39 and a 200 day moving average of $8.74. Townsquare Media has a twelve month low of $6.47 and a twelve month high of $12.32.

Townsquare Media (NYSE:TSQ - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.05) EPS for the quarter, meeting analysts' consensus estimates of ($0.05). The firm had revenue of $98.68 million for the quarter, compared to analyst estimates of $98.50 million. Townsquare Media had a negative return on equity of 57.10% and a negative net margin of 8.84%. On average, research analysts expect that Townsquare Media will post 1.07 earnings per share for the current fiscal year.

Townsquare Media Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Friday, July 18th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $0.80 annualized dividend and a yield of 11.27%. Townsquare Media's payout ratio is -60.15%.

Hedge Funds Weigh In On Townsquare Media

A number of hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN increased its position in shares of Townsquare Media by 56.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,296 shares of the company's stock valued at $57,000 after acquiring an additional 2,259 shares during the last quarter. Copeland Capital Management LLC boosted its position in shares of Townsquare Media by 73.4% during the first quarter. Copeland Capital Management LLC now owns 6,753 shares of the company's stock worth $55,000 after buying an additional 2,859 shares during the period. Wealthfront Advisers LLC acquired a new position in Townsquare Media in the 4th quarter valued at about $69,000. Russell Investments Group Ltd. increased its stake in Townsquare Media by 1,086.0% during the 4th quarter. Russell Investments Group Ltd. now owns 8,409 shares of the company's stock worth $76,000 after buying an additional 7,700 shares during the period. Finally, Hsbc Holdings PLC purchased a new position in Townsquare Media in the first quarter valued at $86,000. 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.