Cumulus Media Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cumulus Media stock.
View analyst ratings for Cumulus Media or view top-rated stocks.

Wall Street analysts have given Cumulus Media a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cumulus Media wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Cumulus Media saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 139,200 shares, a decline of 25.6% from the June 30th total of 187,100 shares. Based on an average trading volume of 79,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.8% of the shares of the stock are short sold.
View Cumulus Media's Short Interest.

Cumulus Media is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Cumulus Media.

Cumulus Media Inc. (NASDAQ:CMLS) announced its quarterly earnings data on Wednesday, August, 4th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.24. Cumulus Media had a negative trailing twelve-month return on equity of 17.40% and a negative net margin of 9.40%.
View Cumulus Media's earnings history.

Cumulus Media's stock was trading at $6.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMLS shares have increased by 81.0% and is now trading at $12.40.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued 12 month price objectives for Cumulus Media's shares. Their forecasts range from $18.00 to $18.00. On average, they expect Cumulus Media's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 45.2% from the stock's current price.
View analysts' price targets for Cumulus Media or view top-rated stocks among Wall Street analysts.

152 employees have rated Cumulus Media CEO Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among Cumulus Media's employees.

Some companies that are related to Cumulus Media include Corus Entertainment (CJREF), Audacy (AUD), Urban One (UONE), Urban One (UONEK), Townsquare Media (TSQ), Saga Communications (SGA), iHeartMedia (IHRTQ), Beasley Broadcast Group (BBGI), Salem Media Group (SALM), Spanish Broadcasting System (SBSAA), CÜR Media (CURM) and Interep National Radio Sales (IREP).
View all of CMLS's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cumulus Media investors own include Main Street Capital (MAIN), The Southern (SO), Simon Property Group (SPG), The Toronto-Dominion Bank (TD), Teekay LNG Partners (TGP), AbbVie (ABBV), Alliance Data Systems (ADS), Algonquin Power & Utilities (AQN), BCE (BCE) and Franklin Resources (BEN).

Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS."

Cumulus Media's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Beach Point Capital Management LP (2.21%), American Century Companies Inc. (0.17%) and Advisor Group Holdings Inc. (0.03%). Company insiders that own Cumulus Media stock include Brigade Capital Management, Lp, Nimbus Atlas Llc and Sp Signal Manager, Llc.
View institutional ownership trends for Cumulus Media.

CMLS stock was purchased by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, American Century Companies Inc., and Advisor Group Holdings Inc..
View insider buying and selling activity for Cumulus Media or or view top insider-buying stocks.

Shares of CMLS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CMLS stock can currently be purchased for approximately $12.40.

Cumulus Media has a market capitalization of $253.53 million and generates $816.22 million in revenue each year. The company earns $-59,720,000.00 in net income (profit) each year or ($2.67) on an earnings per share basis.

Cumulus Media employs 3,787 workers across the globe.

The official website for Cumulus Media is www.cumulus.com.

Cumulus Media is headquartered at 3280 PEACHTREE ROAD NW SUITE 2200, ATLANTA GA, 30305.

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]