Cumulus Media Stock Price, News & Analysis (NASDAQ:CMLS) $4.87 -0.08 (-1.62%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$4.87▼$5.0050-Day Range$4.51▼$5.4052-Week Range$2.57▼$7.59Volume33,834 shsAverage Volume137,244 shsMarket Capitalization$80.40 millionP/E RatioN/ADividend YieldN/APrice Target$9.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Cumulus Media MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside95.1% Upside$9.50 Price TargetShort InterestHealthy1.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.24Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.68) to ($0.19) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.42 out of 5 starsConsumer Discretionary Sector100th out of 277 stocksRadio Broadcasting Stations Industry3rd out of 10 stocks 3.5 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no 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 95.1% from its current price of $4.87.Amount of Analyst CoverageCumulus Media has received no research coverage 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 3.1, 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 20.51%, 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 2.9 News and Social Media Coverage News SentimentCumulus Media has a news sentiment score of 1.24. 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 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cumulus Media this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Cumulus Media to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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 ($1.68) to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is -4.55, 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 -4.55, 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 0.21. 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 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 HeadlinesNovember 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 WeekendNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 8, 2023 | finance.yahoo.comInvestors Could Be Concerned With Cumulus Media's (NASDAQ:CMLS) Returns On CapitalNovember 7, 2023 | morningstar.comCumulus Media Inc Class A CMLSNovember 1, 2023 | finance.yahoo.comCumulus Media Introduces Hello Rossipes PodcastOctober 31, 2023 | markets.businessinsider.comBuy Rating Reaffirmed for Cumulus Media: Growth Potential in Digital Revenues and Efficient Expense ManagementOctober 29, 2023 | finance.yahoo.comCumulus Media Inc. (NASDAQ:CMLS) Q3 2023 Earnings Call TranscriptNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.October 27, 2023 | finanznachrichten.deCumulus Media Inc.: Cumulus Media Reports Operating Results for the Third Quarter 2023October 27, 2023 | finance.yahoo.comCumulus Media Reports Operating Results for the Third Quarter 2023October 27, 2023 | msn.comUS Broadcasting Firm Cumulus Media Stock Is Tanking After Q3 Performance - Here's WhyOctober 26, 2023 | finance.yahoo.comWestwood One Host Rich Eisen Wins Prestigious Marconi Award for Network/Syndicated Personality of the YearOctober 26, 2023 | msn.comCumulus Media Q3 2023 Earnings PreviewOctober 23, 2023 | bizjournals.comMarried with Microphones co-hosts Chris O'Brien and Janeen Coyle retiring from 103.5 WGRR-FMOctober 18, 2023 | msn.comWhy Fast-paced Mover Cumulus (CMLS) Is a Great Choice for Value InvestorsOctober 9, 2023 | bizjournals.comCumulus shuffles its radio station playlist for KC-area listenersSeptember 27, 2023 | finance.yahoo.comCumulus Media Inc. (CMLS)September 6, 2023 | markets.businessinsider.comCumulus Media Announces Expanded Partnership With Rich EisenSeptember 6, 2023 | markets.businessinsider.comCumulus Media’s Westwood One Launches 37th Consecutive Season As the Exclusive Primetime Network Radio Partner of the NFLAugust 31, 2023 | markets.businessinsider.comCUMULUS MEDIA’s Westwood One Presents Exclusive Audio Coverage of the 2023 Black College Football Hall of Fame ClassicAugust 31, 2023 | finance.yahoo.comSurprise! These 3 Penny Stocks Have Wall Street’s Seal of Approval.August 1, 2023 | finance.yahoo.comAfter losing 21% in the past year, Cumulus Media Inc. (NASDAQ:CMLS) institutional owners must be relieved by the recent gainJuly 29, 2023 | seekingalpha.comCumulus Media GAAP EPS of -$0.06 beats by $0.31, revenue of $210.1M beats by $1.3MJuly 29, 2023 | finance.yahoo.comCumulus Media Inc. (NASDAQ:CMLS) Q2 2023 Earnings Call TranscriptJuly 28, 2023 | finanznachrichten.deCumulus Media Inc.: Cumulus Media Reports Operating Results for the Second Quarter 2023July 28, 2023 | benzinga.comEarnings Preview For Cumulus MediaSee 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 Earnings10/27/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:CMLS CUSIPN/A CIK1058623 Webwww.cumulus.com Phone(404) 949-0700Fax404-949-0740Employees3,330Year 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+91.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$16.24 million Net Margins-2.27% Pretax Margin-2.90% Return on Equity-2.29% Return on Assets-0.57% Debt Debt-to-Equity Ratio2.29 Current Ratio2.15 Quick Ratio2.15 Sales & Book Value Annual Sales$953.51 million Price / Sales0.09 Cash Flow$5.69 per share Price / Cash Flow0.87 Book Value$23.23 per share Price / Book0.21Miscellaneous Outstanding Shares16,510,000Free Float15,468,000Market Cap$81.72 million OptionableNot Optionable Beta1.55 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMs. Mary G. Berner (Age 64)President, CEO & Director Comp: $3.22MMr. Francisco J. Lopez-Balboa (Age 62)Executive VP, CFO & Treasurer Comp: $1.78MMr. Richard S. Denning (Age 56)Executive VP, Secretary & General Counsel Comp: $963.1kMr. Dave Milner (Age 54)President of Operations Mr. Robert J Walker (Age 62)President of Operations Ms. Sallie KimbroughPrincipal Accounting Officer, VP of Finance & Corporate ControllerMr. Conrad TrautmannChief Technology OfficerMr. Collin Jones (Age 36)Senior Vice President of Corporate Development & Strategy Ms. Christina P. AlbeeChief Marketing OfficerMs. Suzanne M. Grimes (Age 64)Executive VP of Corporate Marketing & President of Westwood One Comp: $960kMore ExecutivesKey CompetitorsBeasley Broadcast GroupNASDAQ:BBGITownsquare MediaNYSE:TSQUrban OneNASDAQ:UONEKUrban OneNASDAQ:UONELazydaysNASDAQ:LAZYView All CompetitorsInstitutional OwnershipWolverine Trading LLCBought 24,200 shares on 11/16/2023Ownership: 0.000%EJF Capital LLCBought 19,268 shares on 11/15/2023Ownership: 0.526%GSA Capital Partners LLPBought 25,587 shares on 11/15/2023Ownership: 0.155%Aristeia Capital LLCBought 20,619 shares on 11/15/2023Ownership: 0.125%O Shaughnessy Asset Management LLCBought 8,265 shares on 11/14/2023Ownership: 0.173%View All Institutional Transactions CMLS Stock Analysis - Frequently Asked Questions Should I buy or sell Cumulus Media stock right now? 2 Wall Street research 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 research analysts is that investors should "buy" CMLS shares. View CMLS analyst ratings or view top-rated stocks. What is Cumulus Media's stock price target for 2024? 2 Wall Street research analysts have issued twelve-month target prices for Cumulus Media's shares. Their CMLS share price targets range from $8.00 to $11.00. On average, they expect the company's share price to reach $9.50 in the next twelve months. This suggests a possible upside of 95.1% 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 2023? Cumulus Media's stock was trading at $6.21 at the beginning of the year. Since then, CMLS shares have decreased by 21.6% and is now trading at $4.87. View the best growth stocks for 2023 here. Are investors shorting Cumulus Media? Cumulus Media saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 179,100 shares, a drop of 20.5% from the October 31st total of 225,300 shares. Based on an average daily volume of 58,700 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.4% of the company's shares 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, February 22nd 2024. View our CMLS earnings forecast. How were Cumulus Media's earnings last quarter? Cumulus Media Inc. (NASDAQ:CMLS) posted its earnings results on Friday, October, 27th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of ($0.34) by $0.50. The firm had revenue of $207.42 million for the quarter, compared to the consensus estimate of $207.47 million. Cumulus Media had a negative net margin of 2.27% and a negative trailing twelve-month return on equity of 2.29%. 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 Acadian Asset Management LLC (1.96%), Group One Trading L.P. (0.00%), Federated Hermes Inc. (0.82%), EJF Capital LLC (0.53%), Invesco Ltd. (0.39%) and Ancora Advisors LLC (0.39%). Insiders that own company stock include Brigade Capital Management, Lp, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:CMLS) was last updated on 11/30/2023 by MarketBeat.com Staff 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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