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NASDAQ:CMLSCumulus Media Stock Price, Forecast & News

$5.75
+0.11 (+1.95 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$5.52
Now: $5.75
$5.85
50-Day Range
$3.14
MA: $4.11
$6.01
52-Week Range
$3.00
Now: $5.75
$19.18
Volume214,385 shs
Average Volume274,864 shs
Market Capitalization$102.58 million
P/E Ratio2.18
Dividend YieldN/A
Beta1.71
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.53 out of 5 stars


Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryN/A
Current SymbolNASDAQ:CMLS
CUSIPN/A
Phone404-949-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.11 billion
Cash Flow$10.85 per share
Book Value$29.25 per share

Profitability

Net Income$61.26 million

Miscellaneous

Employees4,732
Market Cap$102.58 million
Next Earnings Date8/13/2020 (Estimated)
OptionableNot Optionable

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Cumulus Media (NASDAQ:CMLS) Frequently Asked Questions

How has Cumulus Media's stock been impacted by COVID-19 (Coronavirus)?

Cumulus Media's stock was trading at $6.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMLS shares have decreased by 16.1% and is now trading at $5.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Cumulus Media's next earnings date?

Cumulus Media is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Cumulus Media.

How were Cumulus Media's earnings last quarter?

Cumulus Media Inc (NASDAQ:CMLS) announced its earnings results on Monday, May, 11th. The company reported ($0.36) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.41. The company earned $227.91 million during the quarter, compared to analyst estimates of $233 million. Cumulus Media had a return on equity of 14.70% and a net margin of 4.98%. View Cumulus Media's earnings history.

What price target have analysts set for CMLS?

2 brokerages have issued 1-year target prices for Cumulus Media's shares. Their forecasts range from $4.00 to $10.00. On average, they anticipate Cumulus Media's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price. View analysts' price targets for Cumulus Media.

Has Cumulus Media been receiving favorable news coverage?

Media stories about CMLS stock have trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cumulus Media earned a news impact score of -5.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCumulus Media.

Who are some of Cumulus Media's key competitors?

What other stocks do shareholders of Cumulus Media own?

Who are Cumulus Media's key executives?

Cumulus Media's management team includes the following 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)

What is Cumulus Media's stock symbol?

Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS."

Who are Cumulus Media's major shareholders?

Cumulus Media's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.24%), Beach Point Capital Management LP (4.36%), Zazove Associates LLC (4.21%), Russell Investments Group Ltd. (2.69%), State Street Corp (2.65%) and JPMorgan Chase & Co. (2.24%). 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., Squarepoint Ops LLC, Morgan Stanley, Beach Point Capital Management LP, UBS Group AG, Deutsche Bank AG, 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 activity 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 Loews Corp, State Street Corp, Dalton Investments LLC, AQR Capital Management LLC, JPMorgan Chase & Co., Invesco Ltd., Aristeia Capital LLC, and Mackay Shields LLC. View insider buying and selling activity 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 $5.75.

How big of a company is Cumulus Media?

Cumulus Media has a market capitalization of $102.58 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 4,732 workers across the globe.

What is Cumulus Media's official website?

The official website for Cumulus Media is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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