NASDAQ:CMLS - Cumulus Media Stock Price, Forecast & News

Cumulus Media trades on the NASDAQ under the ticker symbol "CMLS."

Cumulus Media Inc (NASDAQ:CMLS) posted its quarterly earnings results on Monday, November, 11th. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.54 by $0.45. The firm earned $280.81 million during the quarter, compared to analysts' expectations of $270 million. Cumulus Media had a return on equity of 19.99% and a net margin of 9.09%. View Cumulus Media's Earnings History.

Cumulus Media is scheduled to release their next quarterly earnings announcement on Monday, March 16th 2020. View Earnings Estimates for Cumulus Media.

2 Wall Street analysts have issued twelve-month target prices for Cumulus Media's shares. Their forecasts range from $19.00 to $26.00. On average, they expect Cumulus Media's share price to reach $22.50 in the next year. This suggests a possible upside of 46.0% from the stock's current price. View Analyst Price Targets for 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.

Media stories about CMLS stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press 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 positive five, with scores closest to five being the most favorable. Cumulus Media earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Cumulus Media.

Cumulus Media saw a increase in short interest in December. As of December 31st, there was short interest totalling 420,000 shares, an increase of 12.7% from the December 15th total of 372,600 shares. Based on an average daily volume of 103,800 shares, the short-interest ratio is currently 4.0 days. Currently, 3.1% of the company's stock are short sold. View Cumulus Media's Current Options Chain.

Some companies that are related to Cumulus Media include Corus Entertainment (CJREF), Entercom Communications (ETM), Akazoo (SONG), Townsquare Media (TSQ), Urban One (UONE), Beasley Broadcast Group (BBGI), iHeartMedia (IHRTQ), Urban One (UONEK), Emmis Communications (EMMS), Salem Media Group (SALM), MODERN MEDIA AC/SH SH (MMDM), Spanish Broadcasting System (SBSAA) and CUR Media (CURM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cumulus Media investors own include Arrowhead Pharmaceuticals (ARWR), Micron Technology (MU), Sirius XM (SIRI), Entercom Communications (ETM), Hi-Crush (HCR), Magnolia Oil & Gas (MGY), Taiwan Semiconductor Mfg. (TSM), Varian Medical Systems (VAR), NovaBay Pharmaceuticals (NBY) and Alcentra Capital (ABDC).

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.

One share of CMLS stock can currently be purchased for approximately $15.41.

Cumulus Media has a market capitalization of $239.78 million and generates $1.14 billion in revenue each year. Cumulus Media employs 5,135 workers across the globe.View Additional Information About Cumulus Media.

The official website for Cumulus Media is http://www.cumulus.com/.

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]