Cumulus Media Inc. (Cumulus) is a radio broadcasting company. The Company is also a provider of country music and lifestyle content through its NASH brand, which serves through radio programming, NASH Country Weekly magazine and live events. Its product lines include broadcast advertising, digital advertising, political advertising and non-advertising based license fees. Its broadcast advertising includes the sale of commercial advertising time to local, national and network clients. Its digital advertising includes the sale of advertising and promotional opportunities across its Websites and mobile applications. Its across the nation platform generates content distributable through both broadcast and digital platforms. Its categories of advertisers consist of amusement and recreation; banking and mortgage; furniture and home furnishings; arts and entertainment; food and beverage services; healthcare services; automotive dealers; food and beverage stores, and telecommunications.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Broadcasting - Radio
- Sub-Industry: Broadcasting
- Symbol: NASDAQ:CMLS
- CUSIP: 23108210
- Web: www.cumulus.com
Capitalization:- Market Cap: $11.7 million
- Outstanding Shares: 29,306,000
Average Prices:- 50 Day Moving Avg: $0.43
- 200 Day Moving Avg: $0.68
- 52 Week Range: $0.22 - $3.60
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: Infinity
- P/E Growth: -0.1400
Sales & Book Value:- Annual Revenue: $1.14 billion
- Price / Sales: 0.01
- Book Value: ($16.99) per share
- Price / Book: -0.02
Profitability:- EBIDTA: $202.03 million
- Net Margins: -44.30%
- Return on Equity: -216.43%
- Return on Assets: -0.45%
Debt:- Debt-to-Equity Ratio: -4.79%
- Current Ratio: 4.04%
- Quick Ratio: 4.04%
Misc:- Average Volume: 450,317 shs.
- Beta: 3.54
- Short Ratio: 2.23
Frequently Asked Questions for Cumulus Media (NASDAQ:CMLS)
What is Cumulus Media's stock symbol?
Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS."
How were Cumulus Media's earnings last quarter?
Cumulus Media Inc. (NASDAQ:CMLS) posted its quarterly earnings results on Monday, May, 15th. The company reported ($0.25) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.63) by $0.38. The business earned $264.03 million during the quarter. Cumulus Media had a negative net margin of 44.30% and a negative return on equity of 216.43%. View Cumulus Media's Earnings History.
Are investors shorting Cumulus Media?
Cumulus Media saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 799,428 shares, an increase of 43.2% from the April 28th total of 558,319 shares. Based on an average trading volume of 395,620 shares, the short-interest ratio is presently 2.0 days. Currently, 4.3% of the company's shares are sold short.
Who are some of Cumulus Media's key competitors?
Some companies that are related to Cumulus Media include Stanley Furniture Company (STLY), NTN Buzztime (NTN), Talon International (TALN), Ameristar Casinos (ASCA), Apollo Education Group (APOL), Bally Technologies (BYI), Belo Corp (BLC), CEC Entertainment (CEC), Corinthian Colleges (COCO), Digital Generation (DGIT), Education Management Corp (EDMC), Einstein Noah Restaurant Group (BAGL), Exide Technologies (XIDE), Hot Topic (HOTT), ITT Educational Services (ESI), Jos. A. Bank Clothiers (JOSB), Ladbrokes Coral Group PLC (LDBKY) and Liberty Media Co. - Series A Liberty Formula One (FWONA).
Who are Cumulus Media's key executives?
Cumulus Media's management team includes the folowing people:
- Mary G. Berner, Chief Executive Officer
- John F. Abbot, Chief Financial Officer, Executive Vice President, Treasurer, Principal Financial Officer
- Suzanne M. Grimes, Executive Vice President of Corporate Marketing and President of WestwoodOne
- Richard S. Denning, Senior Vice President, General Counsel, Secretary
- Suzanne G. Smith, Chief Accounting Officer, Vice President
- Jeffrey A. Marcus, Non-Executive Chairman of the Board
- John W. Dickey, Director
- Ross A Oliver, Director
- Ralph B. Everett, Independent Director
- Alexis Glick, Independent Director
Who owns Cumulus Media stock?
Cumulus Media's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Greywolf Capital Management LP (8.53%), State of New Jersey Common Pension Fund D (2.75%), Zazove Associates LLC (2.39%), Q Global Advisors LLC (2.04%), Vanguard Group Inc. (1.97%) and Dimensional Fund Advisors LP (1.58%). Company insiders that own Cumulus Media stock include Crestview Radio Investors, Llc and John W Dickey. View Institutional Ownership Trends for Cumulus Media.
Who sold Cumulus Media stock? Who is selling Cumulus Media stock?
Who bought Cumulus Media stock? Who is buying Cumulus Media stock?
Cumulus Media's stock was purchased by a variety of institutional investors in the last quarter, including Q Global Advisors LLC, Renaissance Technologies LLC, Zazove Associates LLC and Vanguard Group Inc.. View Insider Buying and Selling for Cumulus Media.
How do I buy Cumulus Media stock?
Shares of Cumulus Media can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cumulus Media's stock price today?
One share of Cumulus Media stock can currently be purchased for approximately $0.41.
MarketBeat Community Rating for Cumulus Media (NASDAQ CMLS)MarketBeat's community ratings are surveys of what our community members think about Cumulus Media and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Cumulus Media (NASDAQ:CMLS)Earnings History by Quarter for Cumulus Media (NASDAQ CMLS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/15/2017 | Q1 2017 | ($0.63) | ($0.25) | | $264.03 million | View | N/A |  |
| 3/16/2017 | Q4 2016 | $0.01 | $0.26 | $306.00 million | $299.54 million | View | N/A | |
| 11/8/2016 | Q3 | $0.08 | ($0.51) | $280.69 million | $286.14 million | View | Listen | |
| 8/4/2016 | Q2 | ($0.02) | $0.01 | $284.71 million | $287.19 million | View | N/A | |
| 5/5/2016 | Q1 | ($0.09) | ($0.06) | $262.01 million | $268.53 million | View | N/A | |
| 3/10/2016 | Q4 | ($0.03) | ($0.02) | $294.49 million | $308.80 million | View | Listen | |
| 11/5/2015 | Q215 | $0.04 | $0.18 | $297.50 million | $289.40 million | View | N/A | |
| 7/30/2015 | Q115 | $0.04 | $0.05 | $302.52 million | $299.30 million | View | Listen | |
| 4/30/2015 | Q1 | ($0.06) | ($0.05) | $282.47 million | $271.08 million | View | N/A | |
| 3/2/2015 | Q414 | $0.09 | $0.02 | $333.20 million | $329.25 million | View | N/A | |
| 11/10/2014 | Q314 | $0.07 | $0.01 | $318.40 million | $313.89 million | View | N/A | |
| 8/6/2014 | Q214 | $0.15 | $0.08 | $330.55 million | $328.20 million | View | N/A | |
| 4/29/2014 | Q114 | ($0.03) | ($0.04) | $282.51 million | $292.04 million | View | N/A | |
| 10/29/2013 | Q213 | $0.10 | $0.01 | $280.51 million | $281.07 million | View | N/A | |
| 7/30/2013 | Q2 2013 | $0.08 | $0.12 | | | View | N/A | |
| 5/7/2013 | Q1 2013 | ($0.06) | ($0.07) | $233.95 million | $232.87 million | View | Listen | |
| 11/5/2012 | Q312 | $0.05 | $0.10 | $290.90 million | $269.62 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cumulus Media (NASDAQ:CMLS)Current Year EPS Consensus Estimate: $-0.32 EPS
Dividend History for Cumulus Media (NASDAQ:CMLS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cumulus Media (NASDAQ:CMLS)Insider Ownership Percentage: 13.49%
Institutional Ownership Percentage: 67.01%
Insider Trades by Quarter for Cumulus Media (NASDAQ:CMLS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/25/2015 | Crestview Radio Investors, Llc | Director | Buy | 421,885 | $0.24 | $101,252.40 | |
| 11/24/2015 | Crestview Radio Investors, Llc | Director | Buy | 721,518 | $0.23 | $165,949.14 | |
| 11/23/2015 | Crestview Radio Investors, Llc | Director | Buy | 1,400,922 | $0.20 | $280,184.40 | |
| 8/28/2015 | John W Dickey | EVP | Sell | 35,000 | $1.44 | $50,400.00 | |
| 8/26/2015 | John W Dickey | EVP | Sell | 38,307 | $1.35 | $51,714.45 | |
| 6/3/2015 | John W Dickey | EVP | Sell | 13,396 | $2.29 | $30,676.84 | |
| 5/29/2015 | Crestview Radio Investors, Llc | Director | Buy | 226,815 | $2.41 | $546,624.15 | |
| 5/27/2015 | Crestview Radio Investors, Llc | Director | Buy | 90,500 | $2.49 | $225,345.00 | |
| 5/26/2015 | Crestview Radio Investors, Llc | Director | Buy | 134,452 | $2.47 | $332,096.44 | |
| 5/22/2015 | Crestview Radio Investors, Llc | Director | Buy | 12,101 | $2.45 | $29,647.45 | |
| 5/20/2015 | Crestview Radio Investors, Llc | Director | Buy | 119,965 | $2.48 | $297,513.20 | |
| 5/12/2015 | Crestview Radio Investors, Llc | Director | Buy | 807,173 | $2.31 | $1,864,569.63 | |
| 5/6/2015 | John W Dickey | EVP | Sell | 71,000 | $2.05 | $145,550.00 | |
| 3/26/2015 | Joseph Patrick Hannan | CFO | Sell | 38,729 | $2.66 | $103,019.14 | |
| 3/12/2015 | John W Dickey | EVP | Sell | 25,000 | $3.00 | $75,000.00 | |
| 3/6/2015 | Joseph Patrick Hannan | CFO | Sell | 75,649 | $3.03 | $229,216.47 | |
| 3/5/2015 | John W Dickey | EVP | Sell | 100,000 | $3.02 | $302,000.00 | |
| 12/11/2014 | John W Dickey | EVP | Sell | 20,000 | $3.91 | $78,200.00 | |
| 12/4/2014 | John W Dickey | EVP | Sell | 25,000 | $3.70 | $92,500.00 | |
| 9/18/2014 | John W Dickey | EVP | Sell | 8,500 | $4.35 | $36,975.00 | |
| 8/8/2014 | Lewis W Dickey Jr | CEO | Buy | 25,000 | $4.29 | $107,250.00 | |
| 3/3/2014 | Joseph Patrick Hannan | CFO | Buy | 25,000 | $6.35 | $158,750.00 | |
| 1/17/2014 | Ba Capital Co Lp | Director | Sell | 180,000 | $7.58 | $1,364,400.00 | |
| 12/31/2013 | Ba Capital Co Lp | Director | Sell | 200,000 | $7.61 | $1,522,000.00 | |
| 12/27/2013 | Ba Capital Co Lp | Director | Sell | 300,000 | $7.63 | $2,289,000.00 | |
| 12/23/2013 | Ba Capital Co Lp | Director | Sell | 125,000 | $7.49 | $936,250.00 | |
| 5/22/2013 | John W Dickey | COO | Sell | 29,788 | $3.82 | $113,790.16 | |
| 3/21/2013 | Joseph Patrick Hannan | CFO | Buy | 25,000 | $3.30 | $82,500.00 | |
| 12/14/2012 | Crestview Radio Investors, Llc | Director | Buy | 1,478,228 | $2.41 | $3,562,529.48 | |
| 8/16/2012 | Joseph Patrick Hannan | CFO | Buy | 25,000 | $2.69 | $67,250.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cumulus Media (NASDAQ:CMLS)
Latest Headlines for Cumulus Media (NASDAQ:CMLS)
| Source: |
|
| Date | Headline |
|---|
 | Financial Survey: Cumulus Media (CMLS) vs. Salem Media Group (SALM)
www.americanbankingnews.com - June 14 at 2:10 PM |
| Critical Analysis: Sirius XM Holdings (SIRI) vs. Cumulus Media (CMLS)
www.americanbankingnews.com - June 7 at 10:14 PM |
 | Cumulus Media adopts anti-takeover defense
finance.yahoo.com - June 5 at 4:22 PM |
| Cumulus Media Inc (CMLS) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - June 2 at 7:42 PM |
| Cumulus Media Inc (CMLS) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 30 at 6:22 PM |
| Cumulus Media Inc (CMLS) Short Interest Update
www.americanbankingnews.com - May 28 at 7:12 AM |
| ETFs with exposure to Cumulus Media, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 4:18 PM |
| Cumulus Media Inc (CMLS) Stock Rating Reaffirmed by Noble Financial
www.americanbankingnews.com - May 18 at 11:40 AM |
| Cumulus Media Inc (CMLS) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 18 at 7:36 AM |
| Cumulus Media, Inc. :CMLS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017
finance.yahoo.com - May 16 at 4:24 PM |
| Cumulus Media Inc (CMLS) Posts Quarterly Earnings Results, Beats Expectations By $0.37 EPS
www.americanbankingnews.com - May 16 at 2:20 PM |
| Cumulus Reports Operating Results for First Quarter 2017
finance.yahoo.com - May 16 at 7:57 AM |
| Cumulus reports 1Q loss
finance.yahoo.com - May 16 at 7:57 AM |
| Edited Transcript of CMLS earnings conference call or presentation 15-May-17 8:30pm GMT
finance.yahoo.com - May 16 at 7:57 AM |
| Cumulus Media Inc. Announces Conference Call To Discuss First Quarter 2017 Operating Results
finance.yahoo.com - May 5 at 4:35 PM |
| Cumulus Media Inc (CMLS) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - May 4 at 10:46 PM |
| Cumulus Media (CMLS) Getting Somewhat Critical Press Coverage, Study Shows
www.americanbankingnews.com - May 2 at 1:52 PM |
| Cumulus Media (CMLS) Receives Daily News Sentiment Score of -0.29
www.americanbankingnews.com - April 29 at 7:42 AM |
| Cumulus Media (CMLS) Receiving Somewhat Negative Press Coverage, Report Shows
www.americanbankingnews.com - April 21 at 5:06 PM |
| Cumulus Media Holdings Inc. -- Moody's downgrades Cumulus Media to Caa2 from Caa1; outlook negative
finance.yahoo.com - April 11 at 4:27 PM |
| CUMULUS MEDIA INC Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
biz.yahoo.com - March 28 at 12:33 PM |
 | Nasdaq threatening to boot Cumulus Media shares, again
www.bizjournals.com - March 28 at 12:33 PM |
| Former Cumulus CEO forming new company, raising $250M to buy media firms
www.bizjournals.com - March 26 at 10:40 AM |
| CUMULUS MEDIA INC Financials
finance.yahoo.com - March 22 at 4:26 PM |
 | Pre-Open Movers 03/17: (GALE) (TIF) (ADBE) Higher; (ESPR) (MDCO) (AMGN) Lower (more...)
www.streetinsider.com - March 17 at 3:51 PM |
| Cumulus Media improves, but still in the red in 2016
www.bizjournals.com - March 17 at 3:51 PM |
| Q4 2016 Cumulus Media Inc Earnings Release - 4:00 pm ET
us.rd.yahoo.com - March 16 at 5:44 PM |
 | Cumulus Reports Operating Results for Fourth Quarter and Full Year 2016
us.rd.yahoo.com - March 16 at 5:44 PM |
| CUMULUS MEDIA INC Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 16 at 5:44 PM |
| CUMULUS MEDIA INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
us.rd.yahoo.com - March 16 at 5:44 PM |
 | Cumulus Media EPS of -$18.57
seekingalpha.com - March 16 at 4:21 PM |
| Cumulus Media Inc (CMLS) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - March 15 at 8:19 AM |
| CUMULUS MEDIA INC Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - March 13 at 12:33 PM |
 | Cumulus Media Inc. Announces Conference Call To Discuss Fourth Quarter and Full Year 2016 Operating Results - GlobeNewswire (press release)
globenewswire.com - March 10 at 10:25 PM |
| 5:17 pm Cumulus Media terminates previously announced private exchange offer for any and all 7.75% Senior Notes due 2019; to continue its evaluation of alternatives to address its capital structure
finance.yahoo.com - March 10 at 10:25 PM |
| With court rejection, Cumulus Media terminates note exchange
seekingalpha.com - March 10 at 6:33 PM |
| Cumulus Announces Termination of Private Exchange Offer
finance.yahoo.com - March 10 at 5:23 PM |
 | Cumulus Media Inc. Announces Conference Call To Discuss Fourth Quarter and Full Year 2016 Operating Results
feeds.benzinga.com - March 8 at 4:16 PM |
| CUMULUS MEDIA INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 3 at 9:22 PM |
 | [$$] Scurria's Take: Cumulus Ruling Sends Message On Disputed Workouts
www.wsj.com - February 27 at 3:57 PM |
| Cumulus Media refinancing plan rejected by U.S. judge
finance.yahoo.com - February 24 at 4:43 PM |
| [$$] Cumulus Media Blocked on Proposed Debt Restructuring
www.wsj.com - February 24 at 4:43 PM |
| Cumulus Media -25% as judge rejects debt refinancing plans
seekingalpha.com - February 24 at 2:31 PM |
| Cumulus Media -20% into penny territory
seekingalpha.com - February 24 at 1:07 PM |
| [$$] Bankruptcy Briefing: MF Global, The Limited and Cumulus Media
www.wsj.com - February 21 at 4:02 PM |
| CUMULUS MEDIA INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - February 8 at 4:43 PM |
| Cumulus Announces Extended Early Tender Date for its Previously Announced Private Exchange Offer for 7.75 ... - GlobeNewswire (press release)
globenewswire.com - January 25 at 5:29 PM |
| Cumulus Announces Extended Early Tender Date for its Previously Announced Private Exchange Offer for 7.75% Senior Notes due 2019
finance.yahoo.com - January 25 at 5:29 PM |
| Cumulus Media again extends date on debt exchange
seekingalpha.com - January 25 at 12:12 PM |
| Radio giant Cumulus Media thanks CEO with $1 million payment
www.bizjournals.com - January 16 at 4:24 PM |
Cumulus Media (CMLS) Chart for Thursday, June, 22, 2017
