NASDAQ:CMLSCumulus Media Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cumulus Media Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.75 +0.11 (+1.95 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$5.52Now: $5.75▼$5.8550-Day Range$3.14MA: $4.11▼$6.0152-Week Range$3.00Now: $5.75▼$19.18Volume214,385 shsAverage Volume274,864 shsMarket Capitalization$102.58 millionP/E Ratio2.18Dividend YieldN/ABeta1.71 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Cumulus Media has a potential upside of 21.7% from its current price of $5.75.Amount of Analyst CoverageCumulus Media has only been the subject of 2 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesCumulus Media has received 52 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCumulus Media has received 84 “underperform” votes. (Add your “underperform” vote.)Community SentimentCumulus Media has received 61.76% “underperform” 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. Previous Next 0.0 Dividend Strength Dividend YieldCumulus Media does not currently pay a dividend.Dividend GrowthCumulus Media does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cumulus Media insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.60% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions86.46% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cumulus Media are expected to grow in the coming year, from ($1.18) to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is 2.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Cumulus Media is 2.18, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 27.58.Price to Book Value per Share RatioCumulus Media has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Radio broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:CMLS Previous Symbol CUSIPN/A CIK1058623 Webwww.cumulus.com Phone404-949-0700Debt Debt-to-Equity Ratio2.63 Current Ratio3.43 Quick Ratio3.43Price-To-Earnings Trailing P/E Ratio2.18 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.11 billion Price / Sales0.09 Cash Flow$10.85 per share Price / Cash Flow0.53 Book Value$29.25 per share Price / Book0.20Profitability EPS (Most Recent Fiscal Year)$3.63 Net Income$61.26 million Net Margins4.98% Return on Equity14.70% Return on Assets3.67%Miscellaneous Employees4,732 Outstanding Shares17,840,000Market Cap$102.58 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable NASDAQ:CMLS Rates by TradingView Receive CMLS News and Ratings via Email Sign-up to receive the latest news and ratings for CMLS and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Cumulus Media include Entercom Communications (ETM), iHeartMedia (IHRTQ), Townsquare Media (TSQ), Beasley Broadcast Group (BBGI), Urban One (UONE), Akazoo (SONG), Urban One (UONEK), MODERN MEDIA AC/SH SH (MMDM), Salem Media Group (SALM), Emmis Communications (EMMS), Spanish Broadcasting System (SBSAA) and CUR Media (CURM). View all 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 AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (CCL) and Canadian Imperial Bank of Commerce (CM). 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 & OperationsMr. 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
