Log in

NASDAQ:CMLSCumulus Media Stock Price, Forecast & News

$5.20
+0.25 (+5.05 %)
(As of 08/11/2020 04:00 PM ET)
Add
Compare
Today's Range
$4.98
Now: $5.20
$5.28
50-Day Range
$3.66
MA: $4.09
$4.95
52-Week Range
$3.00
Now: $5.20
$18.15
Volume481,974 shs
Average Volume202,713 shs
Market Capitalization$92.77 million
P/E Ratio1.97
Dividend YieldN/A
Beta1.65
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

Analyst Opinion: 3.3Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.73 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$14.05 per share
Book Value$29.25 per share

Profitability

Net Income$61.26 million

Miscellaneous

Employees4,732
Market Cap$92.77 million
Next Earnings Date11/9/2020 (Estimated)
OptionableNot Optionable
$5.20
+0.25 (+5.05 %)
(As of 08/11/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











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 Coronavirus reached pandemic status according to the World Health Organization. Since then, CMLS stock has decreased by 24.1% and is now trading at $5.20.
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 Monday, November 9th 2020.
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 Monday, May, 11th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.41. The business had revenue of $227.91 million for 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 analysts have issued twelve-month price objectives for Cumulus Media's shares. Their forecasts range from $4.00 to $10.00. On average, they expect Cumulus Media's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price.
View analysts' price targets for Cumulus Media
.

Has Cumulus Media been receiving favorable news coverage?

Media coverage about CMLS stock has trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 1.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Cumulus 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 many different institutional and retail investors. Top institutional shareholders include Zazove Associates LLC (5.42%), Zazove Associates LLC (5.42%), Beach Point Capital Management LP (2.17%), Russell Investments Group Ltd. (0.38%), Trexquant Investment LP (0.32%) and Serengeti Asset Management LP (0.22%). Company insiders that own Cumulus Media stock include Nimbus Atlas Llc and Sp Signal Manager, Llc.
View institutional ownership trends for Cumulus Media
.

Which institutional 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., and Beach Point Capital Management LP. 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 institutional investors are buying Cumulus Media stock?

CMLS stock was purchased by a variety of institutional investors in the last quarter, including Zazove Associates LLC, Zazove Associates LLC, Trexquant Investment LP, Serengeti Asset Management LP, and Sigma Planning Corp.
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 $5.20.

How big of a company is Cumulus Media?

Cumulus Media has a market capitalization of $92.77 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 8/12/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.