Townsquare Media (NYSE:TSQ) Issues Earnings Results, Meets Estimates

Townsquare Media (NYSE:TSQ - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.05), Zacks reports. The firm had revenue of $98.68 million during the quarter, compared to the consensus estimate of $98.50 million. Townsquare Media had a negative return on equity of 57.10% and a negative net margin of 8.84%. Townsquare Media updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Townsquare Media Stock Up 0.8 %

Shares of TSQ traded up $0.06 during mid-day trading on Friday, reaching $7.16. 98,800 shares of the stock traded hands, compared to its average volume of 57,390. The stock has a fifty day simple moving average of $7.40 and a 200 day simple moving average of $8.78. Townsquare Media has a 12-month low of $6.47 and a 12-month high of $12.32. The firm has a market cap of $115.41 million, a price-to-earnings ratio of -2.64, a P/E/G ratio of 0.58 and a beta of 1.08.

Townsquare Media Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 11.17%. The ex-dividend date is Friday, July 18th. Townsquare Media's dividend payout ratio (DPR) is -69.57%.

Wall Street Analysts Forecast Growth

TSQ has been the subject of a number of research analyst reports. Barrington Research dropped their target price on shares of Townsquare Media from $15.00 to $13.00 and set an "outperform" rating for the company in a research report on Friday. StockNews.com raised shares of Townsquare Media from a "buy" rating to a "strong-buy" rating in a research note on Thursday. Finally, Noble Financial reaffirmed an "outperform" rating and set a $21.00 price target on shares of Townsquare Media in a research report on Friday, January 24th.

Townsquare Media Company Profile

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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