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NASDAQ:CMLS

Cumulus Media - CMLS Stock Forecast, Price & News

$6.66
-0.02 (-0.30%)
(As of 01/30/2023 01:21 PM ET)
Add
Compare
Today's Range
$6.62
$6.70
50-Day Range
$6.21
$7.53
52-Week Range
$6.07
$15.67
Volume
21,811 shs
Average Volume
94,074 shs
Market Capitalization
$124.01 million
P/E Ratio
3.99
Dividend Yield
N/A
Price Target
$19.67

Cumulus Media MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
195.3% Upside
$19.67 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Cumulus Media in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.39%
From $1.18 to $1.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Consumer Discretionary Sector

28th out of 274 stocks

Radio Broadcasting Stations Industry

1st out of 11 stocks


CMLS stock logo

About Cumulus Media (NASDAQ:CMLS) Stock

Cumulus Media, Inc. engages in the business of radio broadcasting. It operates through the following segments: Radio Station Group, Westwood One and Corporate and Other. The Radio Station Group segment includes the sale of broadcasting time to local, regional, and national advertisers. The Westwood One segment covers the revenues generated through network advertising. The Corporate and Other segment consists of the overall executive, administrative and support functions for each of the company's reportable segments, including finance and administration, legal, human resources and information technology functions. The company was founded in 2002 and is headquartered in Atlanta, GA.

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CMLS Stock News Headlines

StockNews.com Lowers Cumulus Media (NASDAQ:CMLS) to Hold
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Cumulus Media: Time For A Dividend
Westwood One Presents NFL Super Wild Card Weekend
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
Cumulus Media Introduces Rich Valdés America at Night
The Shawn Ryan Show Joins The Cumulus Podcast Network
Legendary Broadcaster Jim Bohannon is Dead at 78
Best Value Stocks to Buy for October 31st
Charter (CHTR) Q3 Earnings Lag, Internet User Base Up Y/Y
Cumulus Media: Q3 Earnings Insights
See More Headlines
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CMLS Company Calendar

Last Earnings
11/03/2021
Today
1/30/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:CMLS
Employees
3,488
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.67
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+195.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$17.28 million
Pretax Margin
4.73%

Debt

Sales & Book Value

Annual Sales
$916.47 million
Cash Flow
$2.13 per share
Book Value
$20.44 per share

Miscellaneous

Free Float
17,859,000
Market Cap
$124.01 million
Optionable
Not Optionable
Beta
1.48

Key Executives

  • Mary G. Berner
    President, Chief Executive Officer & Director
  • Dave Milner
    Executive Vice President-Operations
  • Richard S. Denning
    Secretary, Executive VP & General Counsel
  • Brian Phillips
    Chief Content Officer
  • Jared Merves
    Senior Vice President-Digital













CMLS Stock - Frequently Asked Questions

Should I buy or sell Cumulus Media stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CMLS shares.
View CMLS analyst ratings
or view top-rated stocks.

What is Cumulus Media's stock price forecast for 2023?

2 equities research analysts have issued twelve-month target prices for Cumulus Media's shares. Their CMLS share price forecasts range from $14.00 to $25.00. On average, they predict the company's share price to reach $19.67 in the next year. This suggests a possible upside of 193.5% from the stock's current price.
View analysts price targets for CMLS
or view top-rated stocks among Wall Street analysts.

How have CMLS shares performed in 2023?

Cumulus Media's stock was trading at $6.21 at the beginning of the year. Since then, CMLS shares have increased by 7.9% and is now trading at $6.70.
View the best growth stocks for 2023 here
.

When is Cumulus Media's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our CMLS earnings forecast
.

How were Cumulus Media's earnings last quarter?

Cumulus Media Inc. (NASDAQ:CMLS) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $1.19. The firm earned $237.72 million during the quarter, compared to analysts' expectations of $233.50 million. Cumulus Media had a net margin of 3.55% and a trailing twelve-month return on equity of 5.05%. During the same period last year, the business posted ($0.78) EPS.

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

225 employees have rated Cumulus Media Chief Executive Officer Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among the company's employees. 50.0% of employees surveyed would recommend working at Cumulus Media to a friend.

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."

Who are Cumulus Media's major shareholders?

Cumulus Media's stock is owned by many different institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (3.20%) and Strs Ohio (0.30%). Insiders that own company stock include Brigade Capital Management, Lp, David Edward Milner and Richard Denning.
View institutional ownership trends
.

How do I buy shares of Cumulus Media?

Shares of CMLS stock 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 $6.70.

How much money does Cumulus Media make?

Cumulus Media (NASDAQ:CMLS) has a market capitalization of $124.75 million and generates $916.47 million in revenue each year. The company earns $17.28 million in net income (profit) each year or $1.67 on an earnings per share basis.

How many employees does Cumulus Media have?

The company 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 the company is www.cumulus.com. The company can be reached via phone at (404) 949-0700, via email at ir@cumulus.com, or via fax at 404-949-0740.

This page (NASDAQ:CMLS) was last updated on 1/30/2023 by MarketBeat.com Staff