Townsquare Media (NYSE:TSQ) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Key Points

• Townsquare's stock crossed above its 50‑day moving average (50‑day = $6.43), trading as high as $7.07 and last at $6.915 on volume of 182,863, signaling a short‑term technical uptick.
• The company missed quarterly EPS ($0.05 vs. $0.11), reports a negative net margin and ROE and a negative P/E, while analysts are mixed—consensus is "Hold" with an average target of $15.50.
• Townsquare declared a $0.20 quarterly dividend (ex‑dividend Apr 27, payable May 4) implying an annualized yield of 11.6%, though the dividend payout ratio is negative (−112.68%), raising sustainability concerns.

Townsquare Media, Inc. (NYSE:TSQ - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.43 and traded as high as $7.07. Townsquare Media shares last traded at $6.9150, with a volume of 182,863 shares.

Analysts Set New Price Targets

Several equities research analysts have commented on TSQ shares. Weiss Ratings reissued a "sell (d)" rating on shares of Townsquare Media in a research report on Monday, December 29th. Barrington Research dropped their target price on shares of Townsquare Media from $12.00 to $10.00 and set an "outperform" rating on the stock in a report on Tuesday, March 17th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $15.50.

Townsquare Media Stock Performance

The stock's fifty day moving average price is $6.43 and its 200-day moving average price is $5.97. The company has a market capitalization of $118.25 million, a P/E ratio of -9.74, a PEG ratio of 1.47 and a beta of 1.08.

Townsquare Media (NYSE:TSQ - Get Free Report) last issued its earnings results on Monday, March 16th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.06). The firm had revenue of $106.50 million during the quarter, compared to the consensus estimate of $106.40 million. Townsquare Media had a negative net margin of 2.58% and a negative return on equity of 13.74%. On average, research analysts predict that Townsquare Media, Inc. will post 0.38 EPS for the current fiscal year.

Townsquare Media Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Monday, April 27th will be paid a $0.20 dividend. The ex-dividend date is Monday, April 27th. This represents a $0.80 dividend on an annualized basis and a yield of 11.6%. Townsquare Media's dividend payout ratio is -112.68%.

Insider Buying and Selling

In related news, EVP Scott Schatz sold 28,980 shares of the company's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $5.08, for a total value of $147,218.40. Following the transaction, the executive vice president owned 123,977 shares in the company, valued at approximately $629,803.16. This represents a 18.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 30.30% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TSQ. Crews Bank & Trust acquired a new position in Townsquare Media in the 4th quarter valued at about $26,000. Raymond James Financial Inc. acquired a new position in Townsquare Media in the 2nd quarter valued at about $33,000. AlphaCore Capital LLC acquired a new position in Townsquare Media in the 3rd quarter valued at about $69,000. Algert Global LLC acquired a new position in Townsquare Media in the 3rd quarter valued at about $72,000. Finally, XTX Topco Ltd acquired a new position in Townsquare Media in the 4th quarter valued at about $83,000. Institutional investors and hedge funds own 71.69% of the company's stock.

About Townsquare Media

Townsquare Media, Inc NYSE: TSQ is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.

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