NASDAQ:CMLS Cumulus Media - CMLS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cumulus Media Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $6.66 -0.02 (-0.30%) (As of 01/30/2023 01:21 PM ET) Add Compare Share Share Today's Range$6.62▼$6.7050-Day Range$6.21▼$7.5352-Week Range$6.07▼$15.67Volume21,811 shsAverage Volume94,074 shsMarket Capitalization$124.01 millionP/E Ratio3.99Dividend YieldN/APrice Target$19.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Cumulus Media MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside195.3% Upside$19.67 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.65Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.39%From $1.18 to $1.14 Per ShareSee Full Details Hide Full Details 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 starsConsumer Discretionary Sector28th out of 274 stocksRadio Broadcasting Stations Industry1st out of 11 stocks 3.5 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.67, Cumulus Media has a forecasted upside of 195.3% from its current price of $6.66.Amount of Analyst CoverageCumulus Media has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.68% of the float of Cumulus Media has been sold short.Short Interest Ratio / Days to CoverCumulus Media has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cumulus Media has recently increased by 31.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCumulus Media does not currently pay a dividend.Dividend GrowthCumulus Media does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMLS. Previous Next 2.6 News and Social Media Coverage News SentimentCumulus Media has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cumulus Media this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for CMLS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Cumulus Media to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cumulus Media insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.10% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions62.97% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Cumulus Media are expected to decrease by -3.39% in the coming year, from $1.18 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is 3.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Cumulus Media is 3.99, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.00.Price to Earnings Growth RatioCumulus Media has a PEG Ratio of 0.39. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCumulus Media has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cumulus Media (NASDAQ:CMLS) StockCumulus 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.Read More Receive CMLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cumulus Media and its competitors with MarketBeat's FREE daily newsletter. Email Address CMLS Stock News HeadlinesJanuary 29, 2023 | americanbankingnews.comStockNews.com Lowers Cumulus Media (NASDAQ:CMLS) to HoldJanuary 27, 2023 | finance.yahoo.comWestwood One to Broadcast NFL Conference Championship Sunday, Presented by Intuit Turbo TaxJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 27, 2023 | seekingalpha.comCumulus Media: Time For A DividendJanuary 17, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Cumulus Media (CMLS) Stock?January 13, 2023 | finance.yahoo.comFormer President Donald J. Trump Discusses Classified Documents Found at President Biden’s Home and Former Office on Westwood One’s “The Mark Levin Show”January 12, 2023 | finance.yahoo.comWestwood One Presents NFL Super Wild Card WeekendJanuary 12, 2023 | finance.yahoo.comCumulus Media (NASDAQ:CMLS) shareholders have endured a 57% loss from investing in the stock three years agoJanuary 30, 2023 | Investing Trends (Ad)"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." January 11, 2023 | finance.yahoo.comCumulus Media Introduces Rich Valdés America at NightJanuary 9, 2023 | benzinga.comSteve Gorman, Founding Member of The Black Crowes, Heads to the Twin Cities as Morning Host for Cumulus Media's Classic Rock Station, KQRS-FMJanuary 9, 2023 | finance.yahoo.comSteve Gorman, Founding Member of The Black Crowes, Heads to the Twin Cities as Morning Host for Cumulus Media’s Classic Rock Station, KQRS-FMDecember 19, 2022 | finance.yahoo.comFormer President Donald J. Trump Discusses the January 6 Committee Today on The Dan Bongino ShowDecember 14, 2022 | finance.yahoo.comThe Shawn Ryan Show Joins The Cumulus Podcast NetworkDecember 1, 2022 | benzinga.comCumulus Media's Westwood One Adds "The Matt Walsh Show" to Syndicated RadioDecember 1, 2022 | finance.yahoo.comCumulus Media’s Westwood One Adds “The Matt Walsh Show” to Syndicated RadioNovember 29, 2022 | finance.yahoo.comCumulus Media and Signal Hill Insights Release Podcast Download – Fall 2022 Report Revealing Latest Podcast TrendsNovember 14, 2022 | finance.yahoo.comLegendary Broadcaster Jim Bohannon is Dead at 78October 31, 2022 | finance.yahoo.comBest Value Stocks to Buy for October 31stOctober 31, 2022 | finance.yahoo.comDoes Cumulus (CMLS) Have the Potential to Rally 181% as Wall Street Analysts Expect?October 29, 2022 | finanznachrichten.deCumulus Media Inc.: Cumulus Media Reports Operating Results for the Third Quarter 2022October 29, 2022 | seekingalpha.comCumulus Media Inc. (CMLS) Q3 2022 Earnings Call TranscriptOctober 29, 2022 | seekingalpha.comCumulus Media: Management Just Unveiled A Potential $300 Million OpportunityOctober 29, 2022 | finance.yahoo.comCharter (CHTR) Q3 Earnings Lag, Internet User Base Up Y/YOctober 28, 2022 | msn.comCumulus Media: Q3 Earnings InsightsOctober 28, 2022 | finance.yahoo.comCumulus Media Reports Operating Results for the Third Quarter 2022October 28, 2022 | finance.yahoo.comCumulus Media (CMLS) Q3 Earnings and Revenues Top EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CMLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cumulus Media and its competitors with MarketBeat's FREE daily newsletter. Email Address CMLS Company Calendar Last Earnings11/03/2021Today1/30/2023Next Earnings (Estimated)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:CMLS CUSIPN/A CIK1058623 Webwww.cumulus.com Phone(404) 949-0700Fax404-949-0740Employees3,488Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio3.99 Forward P/E Ratio5.64 P/E Growth0.39Net Income$17.28 million Net Margins3.55% Pretax Margin4.73% Return on Equity5.05% Return on Assets1.25% Debt Debt-to-Equity Ratio2.32 Current Ratio2.53 Quick Ratio2.53 Sales & Book Value Annual Sales$916.47 million Price / Sales0.14 Cash Flow$2.13 per share Price / Cash Flow3.12 Book Value$20.44 per share Price / Book0.33Miscellaneous Outstanding Shares18,620,000Free Float17,859,000Market Cap$124.01 million OptionableNot Optionable Beta1.48 Key ExecutivesMary G. BernerPresident, Chief Executive Officer & DirectorDave MilnerExecutive Vice President-OperationsRichard S. DenningSecretary, Executive VP & General CounselBrian PhillipsChief Content OfficerJared MervesSenior Vice President-DigitalKey CompetitorsTownsquare MediaNYSE:TSQSaga CommunicationsNASDAQ:SGABeasley Broadcast GroupNASDAQ:BBGISalem Media GroupNASDAQ:SALMUrban OneNASDAQ:UONEKView All CompetitorsInsiders & InstitutionsBeach Point Capital Management LPBought 47,362 shares on 1/27/2023Ownership: 3.205%Strs OhioBought 55,100 shares on 1/26/2023Ownership: 0.296%Bank of New York Mellon CorpBought 11,822 shares on 12/8/2022Ownership: 0.546%BNP Paribas Arbitrage SNCBought 4,353 shares on 11/16/2022Ownership: 0.049%Benefit Street Partners LLCSold 2,474 shares on 11/15/2022Ownership: 0.497%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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