NASDAQ:CMLS Cumulus Media (CMLS) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free CMLS Stock Alerts $3.37 -0.28 (-7.67%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$3.37▼$3.6450-Day Range$3.37▼$5.2152-Week Range$2.57▼$6.59Volume88,302 shsAverage Volume68,983 shsMarket Capitalization$56.18 millionP/E RatioN/ADividend YieldN/APrice Target$9.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cumulus Media alerts: Email Address Cumulus Media MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside181.9% Upside$9.50 Price TargetShort InterestHealthy1.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.19Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.97) to ($0.91) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.18 out of 5 starsConsumer Discretionary Sector140th out of 275 stocksRadio Broadcasting Stations Industry5th out of 9 stocks 3.2 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.50, Cumulus Media has a forecasted upside of 181.9% from its current price of $3.37.Amount of Analyst CoverageCumulus Media has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.35% of the float of Cumulus Media has been sold short.Short Interest Ratio / Days to CoverCumulus Media has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cumulus Media has recently decreased by 31.71%, indicating that investor sentiment is improving significantly. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMLS. Previous Next 3.4 News and Social Media Coverage News SentimentCumulus Media has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cumulus Media this week, compared to 1 article on an average week.MarketBeat Follows4 people have added Cumulus Media to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 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 3.20% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions46.43% 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 ($0.97) to ($0.91) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is -0.48, 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 -0.48, 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 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyMy next big prediction isn’t a predictionI believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.Click here now to sign up About Cumulus Media Stock (NASDAQ:CMLS)Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 404 stations in 85 markets, as well as approximately 9,400 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.Read More CMLS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMLS Stock News HeadlinesMarch 12, 2024 | globenewswire.comCumulus Media Announces Extension of Early Tender Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026March 7, 2024 | finance.yahoo.comCumulus Media’s Westwood One Presents Audio Coverage of 2024 College Basketball Conference Championship WeekMarch 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 7, 2024 | globenewswire.comCumulus Media's Westwood One Presents Audio Coverage of 2024 College Basketball Conference Championship WeekFebruary 29, 2024 | seekingalpha.comCumulus Media Inc. (CMLS) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comBarrington Research Downgrades Cumulus Media (CMLS)February 29, 2024 | markets.businessinsider.comCumulus Media: Maintaining Hold Rating Amid Slow Digital Growth and High Leverage ConcernsFebruary 28, 2024 | finance.yahoo.comCumulus Media Inc. (NASDAQ:CMLS) Q4 2023 Earnings Call TranscriptMarch 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 27, 2024 | globenewswire.comCumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026February 27, 2024 | globenewswire.comCumulus Media Reports Operating Results for 2023February 22, 2024 | globenewswire.comCumulus Media Inc. Adopts Limited-Duration Shareholder Rights PlanFebruary 19, 2024 | finance.yahoo.comCMLS Apr 2024 2.500 callFebruary 13, 2024 | markets.businessinsider.comCumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating ResultsFebruary 8, 2024 | markets.businessinsider.comWestwood One Presents Super Bowl LVIII Game-Day Coverage With an All-Pro Broadcast TeamJanuary 29, 2024 | finance.yahoo.comThe past five years for Cumulus Media (NASDAQ:CMLS) investors has not been profitableJanuary 8, 2024 | finance.yahoo.comAmerica in the Morning Launches On the Cumulus Podcast NetworkJanuary 5, 2024 | bizjournals.comJim Day taking over for 'Married with Microphones' on 103.5 WGRR-FMJanuary 3, 2024 | finance.yahoo.comThe Ed Mylett Show Joins the Cumulus Podcast NetworkDecember 22, 2023 | money.usnews.comCumulus Media Inc. - Ordinary Shares - Class ADecember 21, 2023 | finance.yahoo.comBiggerPockets Podcast Network Moves to CumulusDecember 7, 2023 | finance.yahoo.comCumulus Media’s Westwood One Presents Exclusive National Audio Coverage of the 124th Army-Navy Football GameDecember 6, 2023 | finance.yahoo.comDan Bongino Extends Contract With Westwood One, Recommits to Broadcast RadioDecember 5, 2023 | seekingalpha.comCumulus Media: Transformation Hitting High Gear On Ad ReboundDecember 4, 2023 | markets.businessinsider.comCumulus Media Taps Collin Jones to Lead Westwood OneNovember 29, 2023 | markets.businessinsider.comCumulus Podcast Network to Provide Brand Safety & Suitability Measurement Through BarometerNovember 22, 2023 | markets.businessinsider.comCumulus Media’s Westwood One Presents Exclusive National Audio Coverage of Six NFL Games Over the Thanksgiving Holiday WeekendSee More Headlines Receive CMLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cumulus Media and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/03/2021Today3/19/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Radio broadcasting stations Sub-IndustryN/A Current SymbolNASDAQ:CMLS CUSIPN/A CIK1058623 Webwww.cumulus.com Phone(404) 949-0700Fax404-949-0740Employees3,367Year FoundedN/APrice Target and Rating Average Stock Price Target$9.50 High Stock Price Target$11.00 Low Stock Price Target$8.00 Potential Upside/Downside+181.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($7.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,880,000.00 Net Margins-13.96% Pretax Margin-11.92% Return on Equity-17.50% Return on Assets-4.15% Debt Debt-to-Equity Ratio3.06 Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$844.55 million Price / Sales0.07 Cash Flow$4.16 per share Price / Cash Flow0.81 Book Value$17.32 per share Price / Book0.19Miscellaneous Outstanding Shares16,670,000Free Float16,140,000Market Cap$56.18 million OptionableOptionable Beta1.50 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMs. Mary G. Berner (Age 65)President, CEO & Director Comp: $3.22MMr. Richard S. Denning (Age 57)Executive VP, Secretary & General Counsel Comp: $963.1kMr. Dave Milner (Age 55)President of Operations Mr. Robert J Walker (Age 63)President of Operations Key CompetitorsEmmis CommunicationsNASDAQ:EMMSEntercom CommunicationsNYSE:ETMBeasley Broadcast GroupNASDAQ:BBGIUrban OneNASDAQ:UONEKUrban OneNASDAQ:UONEView All CompetitorsInstitutional OwnershipGSA Capital Partners LLPBought 51,081 shares on 2/16/2024Ownership: 0.464%Bridgeway Capital Management LLCBought 82,200 shares on 2/15/2024Ownership: 0.964%Citadel Advisors LLCSold 17,800 shares on 2/15/2024Ownership: 0.000%Wolverine Trading LLCSold 24,200 shares on 2/15/2024Ownership: 0.000%Quadrature Capital LtdBought 10,567 shares on 2/14/2024Ownership: 0.064%View All Institutional Transactions CMLS Stock Analysis - Frequently Asked Questions Should I buy or sell Cumulus Media stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMLS, but not buy additional shares or sell existing shares. View CMLS analyst ratings or view top-rated stocks. What is Cumulus Media's stock price target for 2024? 3 equities research analysts have issued 12-month price objectives for Cumulus Media's shares. Their CMLS share price targets range from $8.00 to $11.00. On average, they expect the company's stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 181.9% from the stock's current price. View analysts price targets for CMLS or view top-rated stocks among Wall Street analysts. How have CMLS shares performed in 2024? Cumulus Media's stock was trading at $5.32 on January 1st, 2024. Since then, CMLS stock has decreased by 36.7% and is now trading at $3.37. View the best growth stocks for 2024 here. Are investors shorting Cumulus Media? Cumulus Media saw a decline in short interest in the month of February. As of February 29th, there was short interest totaling 160,900 shares, a decline of 31.7% from the February 14th total of 235,600 shares. Based on an average trading volume of 59,500 shares, the short-interest ratio is currently 2.7 days. Currently, 1.4% of the shares of the company are sold short. View Cumulus Media's Short Interest. When is Cumulus Media's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our CMLS earnings forecast. How were Cumulus Media's earnings last quarter? Cumulus Media Inc. (NASDAQ:CMLS) posted its quarterly earnings results on Wednesday, November, 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $1.19. The firm had revenue of $237.72 million for the quarter, compared to the consensus estimate of $233.50 million. Cumulus Media had a negative net margin of 13.96% and a negative trailing twelve-month return on equity of 17.50%. During the same quarter last year, the business posted ($0.78) earnings per share. What is Mary G. Berner's approval rating as Cumulus Media's CEO? 225 employees have rated Cumulus Media Chief Executive Officer Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among the company's employees. 50.0% of employees surveyed would recommend working at Cumulus Media to a friend. 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 major shareholders? Cumulus Media's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.36%), Bridgeway Capital Management LLC (0.96%), Federated Hermes Inc. (0.77%), GSA Capital Partners LLP (0.46%), Northern Trust Corp (0.40%) and UBS Group AG (0.37%). Insiders that own company stock include David Edward Milner and Richard Denning. View institutional ownership trends. How do I buy shares of Cumulus Media? Shares of CMLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CMLS) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cumulus Media Inc. 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