Townsquare Media (NYSE:TSQ - Get Free Report) posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05), Zacks reports. The company had revenue of $98.68 million during the quarter, compared to analysts' expectations 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 Trading Down 2.1%
TSQ traded down $0.15 during trading on Thursday, reaching $6.97. 8,006 shares of the company's stock were exchanged, compared to its average volume of 57,297. Townsquare Media has a one year low of $6.47 and a one year high of $12.32. The firm has a fifty day moving average price of $7.36 and a two-hundred day moving average price of $8.72. The stock has a market capitalization of $112.37 million, a PE ratio of -2.57, a price-to-earnings-growth ratio of 0.58 and a beta of 1.08.
Townsquare Media Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Friday, July 18th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, July 18th. This represents a $0.80 annualized dividend and a yield of 11.48%. Townsquare Media's dividend payout ratio is presently -60.15%.
Wall Street Analysts Forecast Growth
TSQ has been the topic of a number of research analyst reports. Barrington Research cut their target price on shares of Townsquare Media from $15.00 to $13.00 and set an "outperform" rating on the stock in a research report on Friday, May 9th. StockNews.com upgraded Townsquare Media from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 8th. Finally, Noble Financial restated a "buy" rating and set a $21.00 price objective on shares of Townsquare Media in a research report on Wednesday, March 19th.
Get Our Latest Analysis on Townsquare Media
About Townsquare Media
(
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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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