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NASDAQ:CMLS

Cumulus Media (CMLS) Stock Price, News & Analysis

$1.53
+0.01 (+0.66%)
(As of 09/13/2024 ET)
Today's Range
$1.50
$1.56
50-Day Range
$1.34
$2.14
52-Week Range
$1.29
$5.51
Volume
9,164 shs
Average Volume
50,024 shs
Market Capitalization
$25.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Cumulus Media MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
422.9% Upside
$8.00 Price Target
Short Interest
Healthy
1.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Cumulus Media in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($2.40) to ($3.01) Per Share

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.

1.36 out of 5 stars

Consumer Discretionary Sector

221st out of 268 stocks

Radio Broadcasting Stations Industry

8th out of 9 stocks

CMLS stock logo

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 stations in various markets, as well as 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, AP News, 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 and listing management, and search engine marketing and optimization; influencers, audio solutions, research and insights, and live event services; and advertising performance guarantee services. 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.

CMLS Stock Price History

CMLS Stock News Headlines

Cumulus Media Inc. (CMLS): Short Seller Sentiment is Bearish
Cumulus Media (NASDAQ:CMLS) Coverage Initiated at StockNews.com
War on Elon Escalates…
One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?
War on Elon Escalates…
One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?
Cumulus Media Inc Class A (CMLS)
The Dan Bongino Show Podcast Audience Numbers Surge
Cumulus Media Q2 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
8/02/2024
Today
9/15/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Communication
Current Symbol
NASDAQ:CMLS
Employees
3,367
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+422.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-117,880,000.00
Pretax Margin
-14.24%

Debt

Sales & Book Value

Annual Sales
$833.62 million
Cash Flow
$4.37 per share
Book Value
$17.32 per share

Miscellaneous

Free Float
16,346,000
Market Cap
$25.84 million
Optionable
Optionable
Beta
1.45
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Key Executives

  • Ms. Mary G. Berner (Age 65)
    President, CEO & Director
    Comp: $2.83M
  • Mr. Francisco J. Lopez-Balboa (Age 63)
    Executive VP, CFO Treasurer and Principal Accounting & Financial Officer
    Comp: $1.58M
  • Mr. Richard S. Denning (Age 57)
    Executive VP, Secretary & General Counsel
    Comp: $886.58k
  • Mr. Dave Milner (Age 55)
    President of Operations
  • Mr. Robert J Walker (Age 63)
    President of Operations
  • Mr. Conrad Trautmann
    Chief Technology Officer
  • Mr. Collin Jones (Age 36)
    Executive VP of Corporate Strategy & Development and President of Westwood One
  • Ms. Christina P. Albee
    Chief Marketing Officer
  • Ms. Suzanne M. Grimes (Age 65)
    Executive Vice President of Corporate Marketing
    Comp: $960k
  • Mr. Brian Philips
    Chief Content Officer

CMLS Stock Analysis - Frequently Asked Questions

How have CMLS shares performed this year?

Cumulus Media's stock was trading at $5.32 at the beginning of 2024. Since then, CMLS shares have decreased by 71.2% and is now trading at $1.53.
View the best growth stocks for 2024 here
.

How were Cumulus Media's earnings last quarter?

Cumulus Media Inc. (NASDAQ:CMLS) posted its earnings results on Friday, August, 2nd. The company reported ($0.68) earnings per share for the quarter, missing analysts' consensus estimates of ($0.49) by $0.19. The company earned $204.85 million during the quarter, compared to the consensus estimate of $206 million. Cumulus Media had a negative net margin of 16.46% and a negative trailing twelve-month return on equity of 22.15%.

Who are Cumulus Media's major shareholders?

Top institutional shareholders of Cumulus Media include Dimensional Fund Advisors LP (3.26%), Acadian Asset Management LLC (2.52%), American Century Companies Inc. (0.82%) and Balanced Rock Investment Advisors LLC (0.54%). 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.

What other stocks do shareholders of Cumulus Media own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Alliance Data Systems (ADS).

This page (NASDAQ:CMLS) was last updated on 9/15/2024 by MarketBeat.com Staff

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