Cumulus Media Inc. owns and operates radio stations in the United States. The company operates through two segments, Cumulus Radio Station Group and Westwood One. It sells broadcasting time on its owned or operated stations to local, regional, and national advertisers; and network advertising. The company offers content through approximately 433 owned-and-operated stations in 88 United States media markets; and approximately 8,000 broadcast radio stations affiliates and various digital channels. Cumulus Media Inc. is based in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Radio broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
Phone404-949-0700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.11 billion
Profitability
Miscellaneous
Employees5,135
Next Earnings Date5/14/2020 (Estimated)
OptionableNot Optionable
Cumulus Media (NASDAQ:CMLS) Frequently Asked Questions
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) announced its earnings results on Monday, November, 11th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.54 by $0.45. The business had revenue of $280.81 million for the quarter, compared to the consensus estimate of $270 million. Cumulus Media had a return on equity of 17.27% and a net margin of 5.50%. View Cumulus Media's Earnings History.
When is Cumulus Media's next earnings date?
What price target have analysts set for CMLS?
2 brokerages have issued 12-month price targets for Cumulus Media's shares. Their forecasts range from $19.00 to $26.00. On average, they anticipate Cumulus Media's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price. View Analyst Price Targets for Cumulus Media.
What is the consensus analysts' recommendation for Cumulus Media?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cumulus Media.
Has Cumulus Media been receiving favorable news coverage?
Headlines about CMLS stock have been trending very negative on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cumulus Media earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Cumulus Media.
Are investors shorting Cumulus Media?
Cumulus Media saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 420,000 shares, an increase of 12.7% from the December 31st total of 372,600 shares. Based on an average daily trading volume, of 102,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 3.1% of the company's shares are short sold. View Cumulus Media's Current Options Chain.
Who are some of Cumulus Media's key competitors?
Some companies that are related to Cumulus Media include Corus Entertainment (CJREF), Entercom Communications (ETM), Akazoo (SONG), Townsquare Media (TSQ), Urban One (UONE), Beasley Broadcast Group (BBGI), iHeartMedia (IHRTQ), Urban One (UONEK), Emmis Communications (EMMS), Salem Media Group (SALM), MODERN MEDIA AC/SH SH (MMDM), Spanish Broadcasting System (SBSAA) and CUR Media (CURM).
What other stocks do shareholders of Cumulus Media own?
Who are Cumulus Media's key executives?
Cumulus Media's management team includes the folowing people:
- Ms. Mary G. Berner, Pres, CEO & Director (Age 60)
- Mr. John F. Abbot, Exec. VP, Treasurer & CFO (Age 56)
- Mr. Richard S. Denning, Exec. VP, Sec. & Gen. Counsel (Age 52)
- Mr. Conrad Trautmann, Sr. VP Technology & Operations
- Mr. Collin Jones, Sr. VP of Corp. Devel. & Strategy (Age 32)
Who are Cumulus Media's major shareholders?
Cumulus Media's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Zazove Associates LLC (4.26%), Russell Investments Group Ltd. (3.70%), Symphony Asset Management LLC (3.53%), State Street Corp (1.67%), Ancora Advisors LLC (1.62%) and Geode Capital Management LLC (1.35%). Company insiders that own Cumulus Media stock include Nimbus Atlas Llc and Sp Signal Manager, Llc. View Institutional Ownership Trends for Cumulus Media.
Which major investors are selling Cumulus Media stock?
CMLS stock was sold by a variety of institutional investors in the last quarter, including Symphony Asset Management LLC, Dynamic Technology Lab Private Ltd, Strs Ohio, Zazove Associates LLC and Raymond James & Associates. Company insiders that have sold Cumulus Media company stock in the last year include Nimbus Atlas Llc and Sp Signal Manager, Llc. View Insider Buying and Selling for Cumulus Media.
Which major investors are buying Cumulus Media stock?
CMLS stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Ancora Advisors LLC, AQR Capital Management LLC, Bank of New York Mellon Corp, Marshall Wace LLP, Renaissance Technologies LLC, Acadian Asset Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Cumulus Media.
How do I buy shares of Cumulus Media?
Shares of CMLS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Cumulus Media's stock price today?
One share of CMLS stock can currently be purchased for approximately $13.75.
How big of a company is Cumulus Media?
Cumulus Media has a market capitalization of $213.98 million and generates $1.11 billion in revenue each year. The company earns $61.26 million in net income (profit) each year or $3.63 on an earnings per share basis. Cumulus Media employs 5,135 workers across the globe.View Additional Information About Cumulus Media.
What is Cumulus Media's official website?
How can I contact Cumulus Media?
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]
MarketBeat Community Rating for Cumulus Media (NASDAQ CMLS)
| Community Ranking: | | 2.1 out of 5 ( ) |
| Outperform Votes: | | 47 (Thanks for Voting!) |
| Underperform Votes: | | 66 (Thanks for Voting!) |
| Total Votes: | | 113 |
