NASDAQ:CMLS

Cumulus Media Stock Forecast, Price & News

$7.73

-0.07 (-0.90%)

(As of 06/30/2022 12:00 AM ET)

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Today's Range: $7.47
▼
$7.84
50-Day Range: $7.73
▼
$15.44
52-Week Range: $7.46
▼
$15.67

Volume: 205,063 shs
Average Volume: 166,002 shs
Market Capitalization: $158.49 million

P/E Ratio: 4.22
Dividend Yield: N/A
Price Target: $24.67

30 days | 90 days | 365 days | Advanced Chart

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CMLS Stock Forecast (MarketRank)

Overall MarketRank^™

2.75 out of 5 stars

Consumer Discretionary Sector

73rd out of 405 stocks

Radio Broadcasting Stations Industry

1st out of 16 stocks

3.5 Analyst's Opinion

Consensus Rating
Cumulus Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.67, Cumulus Media has a forecasted upside of 219.1% from its current price of $7.73.
Amount of Analyst Coverage
Cumulus Media has only been the subject of 1 research reports in the past 90 days.

4.0 Community Rank

Outperform Votes
Cumulus Media has received 78 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cumulus Media has received 54 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cumulus Media has received 59.09% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Cumulus Media does not currently pay a dividend.
Dividend Growth
Cumulus Media does not have a long track record of dividend growth.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cumulus Media insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,135.00 in company stock.
Percentage Held by Insiders
Only 4.10% of the stock of Cumulus Media is held by insiders.
Percentage Held by Institutions
70.90% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Cumulus Media are expected to grow by 28.29% in the coming year, from $2.05 to $2.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cumulus Media is 4.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 34.53.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cumulus Media is 4.22, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.15.
Price to Book Value per Share Ratio
Cumulus Media has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Cumulus Media (NASDAQ:CMLS)

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 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. It also 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 incorporated in 2002 and is based in Atlanta, Georgia.

June 14, 2022 | finance.yahoo.com

4 Stocks With Solid Net Profit Margin to Enhance Your Returns

June 9, 2022 | finance.yahoo.com

Cumulus Media Announces Final Results of Tender Offer

June 8, 2022 | finance.yahoo.com

Cumulus Media Names Lisa Waks Senior Vice President, Digital Partnerships and Business Development

June 8, 2022 | finance.yahoo.com

Cumulus Media Announces Extension of Existing ABL Credit Facility

June 6, 2022 | finance.yahoo.com

Cumulus Media Announces Preliminary Results of Tender Offer

June 1, 2022 | finance.yahoo.com

Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2022 NCAA® Women’s College World Series

May 31, 2022 | finance.yahoo.com

Zacks.com featured highlights include Tecnoglass, AMN Healthcare Services, Cumulus Media, and Universal Logistics Holdings

May 30, 2022 | finance.yahoo.com

Has Cumulus Media (CMLS) Outpaced Other Consumer Discretionary Stocks This Year?

May 30, 2022 | finance.yahoo.com

Is Cumulus Media (CMLS) Stock Undervalued Right Now?

May 25, 2022 | finance.yahoo.com

Cumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2022 NCAA® Men’s and Women’s Lacrosse Semifinals and Championship Games Over the Memorial Day Holiday Weekend

May 18, 2022 | markets.businessinsider.com

Stock Wars: Cumulus Media Vs. Sirius XM

May 17, 2022 | finance.yahoo.com

Podcast Watching Soars as YouTube Edges Out Spotify to Become the Most Used U.S. Podcast Platform According to Cumulus Media and Signal Hill Insights’ Podcast Download – Spring 2022 Report

May 17, 2022 | msn.com

Short Volatility Alert: Cumulus Media

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio broadcasting stations
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CMLS
CUSIP: N/A
CIK: 1058623
Web: www.cumulus.com
Phone: (404) 949-0700
Fax: 404-949-0740
Employees: 3,488
Year Founded: N/A

Company Calendar

Last Earnings: 5/04/2022
Today: 6/30/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $24.67
High Stock Price Forecast: $27.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +219.1%
Consensus Rating: Buy
Rating Score (0-4): 3
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.829990
Trailing P/E Ratio: 4.22
Forward P/E Ratio: 3.77
P/E Growth: N/A
Net Income: $17.28 million
Net Margins: 4.04%
Pretax Margin: 4.80%
Return on Equity: 3.63%
Return on Assets: 0.86%

Debt

Debt-to-Equity Ratio: 2.40
Current Ratio: 2.89
Quick Ratio: 2.89

Sales & Book Value

Annual Sales: $916.47 million
Price / Sales: 0.17
Cash Flow: $2.12 per share
Price / Cash Flow: 3.65
Book Value: $20.44 per share
Price / Book: 0.38

Miscellaneous

Outstanding Shares: 20,503,000
Free Float: 19,662,000
Market Cap: $158.49 million
Optionable: Not Optionable
Beta: 1.43

Cumulus Media Frequently Asked Questions

Should I buy or sell Cumulus Media stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cumulus Media stock.
View analyst ratings for Cumulus Media or view top-rated stocks.
What is Cumulus Media's stock price forecast for 2022?: 3 equities research analysts have issued 12-month price targets for Cumulus Media's stock. Their CMLS stock forecasts range from $21.00 to $27.00. On average, they anticipate Cumulus Media's share price to reach $24.67 in the next year. This suggests a possible upside of 219.1% from the stock's current price.
View analysts' price targets for Cumulus Media or view top-rated stocks among Wall Street analysts.
How has Cumulus Media's stock price performed in 2022?: Cumulus Media's stock was trading at $11.25 at the start of the year. Since then, CMLS stock has decreased by 31.3% and is now trading at $7.73.
View the best growth stocks for 2022 here.
When is Cumulus Media's next earnings date?: Cumulus Media is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Cumulus Media.
How were Cumulus Media's earnings last quarter?: Cumulus Media Inc. (NASDAQ:CMLS) posted its earnings results on Wednesday, May, 4th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.38) by $0.34. The business had revenue of $232.03 million for the quarter, compared to analysts' expectations of $227.20 million. Cumulus Media had a trailing twelve-month return on equity of 3.63% and a net margin of 4.04%.
View Cumulus Media's earnings history.
Who are Cumulus Media's key executives?: Cumulus Media's management team includes the following people:
Ms. Mary G. Berner, Pres, CEO & Director (Age 63, Pay $4.61M)
Mr. Francisco J. Lopez-Balboa, Exec. VP, CFO & Treasurer (Age 61, Pay $2.54M)
Mr. Richard S. Denning, Exec. VP, Sec. & Gen. Counsel (Age 55, Pay $1.24M)
Mr. Dave Milner, Pres of Operations (Age 53)
Mr. Robert J Walker, Pres of Operations (Age 61)
Ms. Sallie Kimbrough, Principal Accounting Officer, VP of Fin. & Corp. Controller
Mr. Conrad Trautmann, Chief Technology Officer
Mr. Collin Jones, Sr. VP of Corp. Devel. & Strategy (Age 35)
Ms. Christina P. Albee, Chief Marketing Officer
Mr. Paul O'Malley, Sr. VP of Strategic Partnerships Westwoodone

What is Mary G. Berner's approval rating as Cumulus Media's CEO?: 152 employees have rated Cumulus Media CEO Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among Cumulus Media's employees.
Who are some of Cumulus Media's key competitors?: Some companies that are related to Cumulus Media include Corus Entertainment (CJREF), Urban One (UONE), Urban One (UONEK), Saga Communications (SGA), Townsquare Media (TSQ), Audacy (AUD), iHeartMedia (IHRTQ), Salem Media Group (SALM), Beasley Broadcast Group (BBGI), Spanish Broadcasting System (SBSAA), CÜR Media (CURM) and Interep National Radio Sales (IREP).
View all of CMLS's 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 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).
What is Cumulus Media's stock symbol?: Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cumulus Media's stock price today?: One share of CMLS stock can currently be purchased for approximately $7.73.
How much money does Cumulus Media make?: Cumulus Media (NASDAQ:CMLS) has a market capitalization of $158.49 million and generates $916.47 million in revenue each year. The company earns $17.28 million in net income (profit) each year or $1.829990 on an earnings per share basis.
How many employees does Cumulus Media have?: Cumulus Media employs 3,488 workers across the globe.
How can I contact Cumulus Media?: Cumulus Media's mailing address is 3280 PEACHTREE ROAD NW SUITE 2200, ATLANTA GA, 30305. The official website for Cumulus Media is www.cumulus.com. The company can be reached via phone at (404) 949-0700, via email at [email protected], or via fax at 404-949-0740.

This page (NASDAQ:CMLS) was last updated on 7/1/2022 by MarketBeat.com Staff

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Cumulus Media Stock Forecast, Price & News

Receive CMLS Stock News and Ratings via Email

CMLS Stock Forecast (MarketRank)

Overall MarketRank™

3.5 Analyst's Opinion

4.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

0.0 Dividend Strength

2.5 Company Ownership

3.8 Earnings and Valuation

About Cumulus Media (NASDAQ:CMLS)

CMLS Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Cumulus Media Frequently Asked Questions

Should I buy or sell Cumulus Media stock right now?

What is Cumulus Media's stock price forecast for 2022?

How has Cumulus Media's stock price performed in 2022?

When is Cumulus Media's next earnings date?

How were Cumulus Media's earnings last quarter?

Who are Cumulus Media's key executives?

What is Mary G. Berner's approval rating as Cumulus Media's CEO?

Who are some of Cumulus Media's key competitors?

What other stocks do shareholders of Cumulus Media own?

What is Cumulus Media's stock symbol?

How do I buy shares of Cumulus Media?

What is Cumulus Media's stock price today?

How much money does Cumulus Media make?

How many employees does Cumulus Media have?

How can I contact Cumulus Media?

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