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S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28

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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Compare
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

Analyst Opinion: 3.5Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -
Cumulus Media logo

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.

CMLS Stock News Headlines

Stock Wars: Cumulus Media Vs. Sirius XM
See More Headlines

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:CMLS
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

Net Income
$17.28 million
Pretax Margin
4.80%

Debt

Sales & Book Value

Annual Sales
$916.47 million
Cash Flow
$2.12 per share
Book Value
$20.44 per share

Miscellaneous

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.

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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