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Cumulus Media Stock Price, Forecast & Analysis (NASDAQ:CMLS)

$14.51
+0.91 (+6.69 %)
(As of 11/13/2019 08:56 AM ET)
Today's Range
$13.71
Now: $14.51
$15.10
50-Day Range
$12.97
MA: $13.74
$15.21
52-Week Range
$9.70
Now: $14.51
$20.00
Volume315,600 shs
Average Volume79,711 shs
Market Capitalization$208.25 million
P/E Ratio3.42
Dividend YieldN/A
Beta1.57
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
Current SymbolNASDAQ:CMLS
CUSIPN/A
Phone404-949-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.14 billion
Cash Flow$69.10 per share
Book Value$30.22 per share

Profitability

Net Income$757.58 million

Miscellaneous

Employees5,135
Market Cap$208.25 million
Next Earnings Date3/16/2020 (Estimated)
OptionableNot Optionable

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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 quarterly earnings data on Monday, November, 11th. The company reported $0.99 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.45. The company earned $280.81 million during the quarter, compared to the consensus estimate of $270 million. Cumulus Media had a return on equity of 20.45% and a net margin of 8.76%. View Cumulus Media's Earnings History.

When is Cumulus Media's next earnings date?

Cumulus Media is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Cumulus Media.

What price target have analysts set for CMLS?

3 equities research analysts have issued 12 month price objectives for Cumulus Media's stock. Their forecasts range from $14.00 to $26.00. On average, they anticipate Cumulus Media's share price to reach $19.67 in the next year. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Cumulus Media.

What is the consensus analysts' recommendation for Cumulus Media?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cumulus Media.

Has Cumulus Media been receiving favorable news coverage?

Headlines about CMLS stock have trended very negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cumulus Media earned a news impact score of -3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Cumulus Media.

Are investors shorting Cumulus Media?

Cumulus Media saw a increase in short interest in October. As of October 31st, there was short interest totalling 487,200 shares, an increase of 21.0% from the September 30th total of 402,700 shares. Based on an average trading volume of 96,500 shares, the days-to-cover ratio is currently 5.0 days. Currently, 4.1% of the shares of the company are sold short. View Cumulus Media's Current Options Chain.

Who are some of Cumulus Media's key competitors?

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 Varian Medical Systems (VAR), Magnolia Oil & Gas (MGY), Hi-Crush (HCR), Micron Technology (MU) and Arrowhead Pharmaceuticals (ARWR).

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 many different of retail and institutional investors. Top institutional investors include Beach Point Capital Management LP (4.91%), Zazove Associates LLC (4.64%), Russell Investments Group Ltd. (1.34%), Strs Ohio (0.30%), Rhumbline Advisers (0.11%) and Meeder Asset Management Inc. (0.05%). 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 Russell Investments Group Ltd. and Oppenheimer Asset Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Zazove Associates LLC, Beach Point Capital Management LP, Strs Ohio, Meeder Asset Management Inc. and Rhumbline Advisers. 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 $14.51.

How big of a company is Cumulus Media?

Cumulus Media has a market capitalization of $208.25 million and generates $1.14 billion in revenue each year. Cumulus Media employs 5,135 workers across the globe.View Additional Information About Cumulus Media.

What is Cumulus Media's official website?

The official website for Cumulus Media is http://www.cumulus.com/.

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:  2.3 out of 5 (star star)
Outperform Votes:  30 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  66
MarketBeat's community ratings are surveys of what our community members think about Cumulus Media and other stocks. Vote "Outperform" if you believe CMLS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMLS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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