NASDAQ:CMLS Cumulus Media Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cumulus Media Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.73 -0.02 (-0.42 %) (As of 09/23/2020 02:15 PM ET) Add Compare Share Today's Range$4.70Now: $4.73▼$4.7550-Day Range$3.85MA: $5.09▼$5.7252-Week Range$3.00Now: $4.73▼$18.15Volume1,600 shsAverage Volume193,089 shsMarket Capitalization$96.10 millionP/E RatioN/ADividend YieldN/ABeta1.8 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Cumulus Media Inc. owns and operates radio stations in the United States. The company operates through two segments, Cumulus Radio Station Group and Westwood One. It sells broadcasting time on its owned or operated stations to local, regional, and national advertisers; and network advertising. The company offers content through approximately 433 owned-and-operated stations in 88 United States media markets; and approximately 8,000 broadcast radio stations affiliates and various digital channels. Cumulus Media Inc. is based in Atlanta, Georgia.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Cumulus Media has a forecasted upside of 47.7% from its current price of $4.74.Amount of Analyst CoverageCumulus Media has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesCumulus Media has received 54 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCumulus Media has received 86 “underperform” votes. (Add your “underperform” vote.)Community SentimentCumulus Media has received 61.43% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cumulus Media and other stocks. Vote “Outperform” if you believe CMLS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CMLS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCumulus Media does not currently pay a dividend.Dividend GrowthCumulus Media does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cumulus Media insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions67.08% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cumulus Media are expected to grow in the coming year, from ($2.81) to ($0.86) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is -3.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cumulus Media is -3.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCumulus Media has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.48 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Radio broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:CMLS Previous Symbol CUSIPN/A CIK1058623 Webwww.cumulus.com Phone404-949-0700Debt Debt-to-Equity Ratio2.58 Current Ratio3.61 Quick Ratio3.61Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.11 billion Price / Sales0.09 Cash Flow$10.28 per share Price / Cash Flow0.46 Book Value$29.25 per share Price / Book0.16Profitability EPS (Most Recent Fiscal Year)$3.63 Net Income$61.26 million Net Margins-2.74% Return on Equity-1.81% Return on Assets-0.45%Miscellaneous Employees4,732 Outstanding Shares20,318,000Market Cap$96.10 million Next Earnings Date11/9/2020 (Estimated) OptionableNot Optionable $4.73 -0.02 (-0.42 %) (As of 09/23/2020 02:15 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CMLS News and Ratings via Email Sign-up to receive the latest news and ratings for CMLS and its competitors with MarketBeat's FREE daily newsletter. Cumulus Media (NASDAQ:CMLS) Frequently Asked Questions How has Cumulus Media's stock price been impacted by Coronavirus? Cumulus Media's stock was trading at $6.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CMLS shares have decreased by 30.9% and is now trading at $4.73. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Cumulus Media? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cumulus Media. When is Cumulus Media's next earnings date? Cumulus Media is scheduled to release its next quarterly earnings announcement on Monday, November 9th 2020. View our earnings forecast for Cumulus Media. How were Cumulus Media's earnings last quarter? Cumulus Media Inc (NASDAQ:CMLS) released its quarterly earnings data on Monday, August, 10th. The company reported ($1.52) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($1.52). The company had revenue of $146.02 million for the quarter, compared to analyst estimates of $156.25 million. Cumulus Media had a negative net margin of 2.74% and a negative return on equity of 1.81%. View Cumulus Media's earnings history. What price target have analysts set for CMLS? 2 brokers have issued twelve-month price targets for Cumulus Media's stock. Their forecasts range from $4.00 to $10.00. On average, they anticipate Cumulus Media's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 48.0% from the stock's current price. View analysts' price targets for Cumulus Media. Are investors shorting Cumulus Media? Cumulus Media saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 703,600 shares, a decline of 11.9% from the August 15th total of 798,400 shares. Based on an average daily trading volume, of 282,000 shares, the short-interest ratio is currently 2.5 days. View Cumulus Media's Short Interest. Who are some of Cumulus Media's key competitors? Some companies that are related to Cumulus Media include Entercom Communications (ETM), Urban One (UONE), iHeartMedia (IHRTQ), Townsquare Media (TSQ), Urban One (UONEK), Beasley Broadcast Group (BBGI), MODERN MEDIA AC/SH SH (MMDM), Salem Media Group (SALM), Emmis Communications (EMMS), Spanish Broadcasting System (SBSAA), CUR Media (CURM) and Interep National Radio Sales (IREP). View all competitors. What other stocks do shareholders of Cumulus Media own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cumulus Media investors own include Main Street Capital (MAIN), Southern (SO), Simon Property Group (SPG), Toronto-Dominion Bank (TD), Teekay Lng Partners (TGP), AbbVie (ABBV), Alliance Data Systems (ADS), Algonquin Power & Utilities (AQN), BCE (BCE) and Franklin Resources (BEN). Who are Cumulus Media's key executives? Cumulus Media's management team includes the following people: Ms. Mary G. Berner, Pres, CEO & Director (Age 60)Mr. John F. Abbot, Exec. VP, Treasurer & CFO (Age 56)Mr. Richard S. Denning, Exec. VP, Sec. & Gen. Counsel (Age 52)Mr. Conrad Trautmann, Sr. VP Technology & OperationsMr. Collin Jones, Sr. VP of Corp. Devel. & Strategy (Age 32) What is Cumulus Media's stock symbol? Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS." Who are Cumulus Media's major shareholders? Cumulus Media's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Zazove Associates LLC (5.42%), Zazove Associates LLC (5.42%), Beach Point Capital Management LP (2.17%), AQR Capital Management LLC (1.97%), Bridgeway Capital Management Inc. (1.49%) and Bank of New York Mellon Corp (0.51%). Company insiders that own Cumulus Media stock include Nimbus Atlas Llc and Sp Signal Manager, Llc. View institutional ownership trends for Cumulus Media. Which major investors are selling Cumulus Media stock? CMLS stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Beach Point Capital Management LP, and Bank of New York Mellon Corp. Company insiders that have sold Cumulus Media company stock in the last year include Nimbus Atlas Llc, and Sp Signal Manager, Llc. View insider buying and selling activity for Cumulus Media. Which major investors are buying Cumulus Media stock? CMLS stock was acquired by a variety of institutional investors in the last quarter, including Zazove Associates LLC, Zazove Associates LLC, Bridgeway Capital Management Inc., AQR Capital Management LLC, Jane Street Group LLC, Trexquant Investment LP, Jacobs Levy Equity Management Inc., and Serengeti Asset Management LP. View insider buying and selling activity for Cumulus Media. How do I buy shares of Cumulus Media? Shares of CMLS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Cumulus Media's stock price today? One share of CMLS stock can currently be purchased for approximately $4.73. How big of a company is Cumulus Media? Cumulus Media has a market capitalization of $96.10 million and generates $1.11 billion in revenue each year. The company earns $61.26 million in net income (profit) each year or $3.63 on an earnings per share basis. Cumulus Media employs 4,732 workers across the globe. What is Cumulus Media's official website? The official website for Cumulus Media is www.cumulus.com. How can I contact Cumulus Media? Cumulus Media's mailing address is 3280 PEACHTREE ROAD NW SUITE 2200, ATLANTA GA, 30305. The company can be reached via phone at 404-949-0700 or via email at [email protected] This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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