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$1.14 billion
Profitability
Miscellaneous
Employees5,135
Next Earnings Date11/13/2019 (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 quarterly earnings results on Thursday, August, 8th. The company reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.53. The business earned $279.67 million during the quarter, compared to the consensus estimate of $284.13 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?
What price target have analysts set for CMLS?
3 brokers have issued 1 year target prices for Cumulus Media's stock. Their forecasts range from $14.00 to $26.00. On average, they anticipate Cumulus Media's stock price to reach $19.67 in the next twelve months. This suggests a possible upside of 50.5% 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?
Media coverage about CMLS stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cumulus Media earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company'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 September. As of September 30th, there was short interest totalling 402,700 shares, an increase of 8.0% from the August 30th total of 372,800 shares. Based on an average trading volume of 103,400 shares, the days-to-cover ratio is presently 3.9 days. Currently, 2.9% 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 Entercom Communications (ETM), Townsquare Media (TSQ), Urban One (UONEK), Urban One (UONE), iHeartMedia (IHRTQ), Beasley Broadcast Group (BBGI), Emmis Communications (EMMS), Salem Media Group (SALM), Akazoo (SONG), 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?
Which major investors are buying Cumulus Media stock?
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 $13.07.
How big of a company is 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)
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.
