NYSE:ETM - Entercom Communications Stock Price, Price Target & More

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$8.05 -0.05 (-0.62 %)
(As of 07/18/2018 12:37 PM ET)
Previous Close$8.07
Today's Range$8.00 - $8.07
52-Week Range$6.30 - $12.43
Volume25,702 shs
Average Volume1.58 million shs
Market Capitalization$1.14 billion
P/E Ratio-17.83
Dividend Yield4.47%
Beta0.94
Entercom Communications logoEntercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. As of February 20, 2018, it had a portfolio of approximately 235 radio stations, digital platforms, and live events. Entercom Communications Corp. was founded in 1968 and is headquartered in Bala Cynwyd, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
SymbolNYSE:ETM
CUSIP29363910
Phone610-660-5610

Debt

Debt-to-Equity Ratio1.07
Current Ratio1.65
Quick Ratio1.65

Price-To-Earnings

Trailing P/E Ratio-17.83
Forward P/E Ratio8.13
P/E GrowthN/A

Sales & Book Value

Annual Sales$592.88 million
Price / Sales1.92
Cash FlowN/A
Price / CashN/A
Book Value$13.07 per share
Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)($0.45)
Net Income$233.84 million
Net Margins28.86%
Return on Equity-1.44%
Return on Assets-0.55%

Miscellaneous

Employees7,614
Outstanding Shares141,270,000
Market Cap$1,137.21

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Entercom Communications (NYSE:ETM) Frequently Asked Questions

What is Entercom Communications' stock symbol?

Entercom Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETM."

How often does Entercom Communications pay dividends? What is the dividend yield for Entercom Communications?

Entercom Communications announced a quarterly dividend on Monday, May 21st. Investors of record on Wednesday, June 13th will be given a dividend of $0.09 per share on Thursday, June 28th. This represents a $0.36 annualized dividend and a yield of 4.47%. The ex-dividend date is Tuesday, June 12th. View Entercom Communications' Dividend History.

How will Entercom Communications' stock buyback program work?

Entercom Communications announced that its Board of Directors has authorized a stock buyback program on Thursday, November 2nd 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 22.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings results on Tuesday, May, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.17. The business earned $300.60 million during the quarter, compared to analysts' expectations of $316.70 million. Entercom Communications had a negative return on equity of 1.44% and a net margin of 28.86%. Entercom Communications's revenue was up 208.3% compared to the same quarter last year. During the same period last year, the business earned $0.07 earnings per share. View Entercom Communications' Earnings History.

When is Entercom Communications' next earnings date?

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Entercom Communications.

What price target have analysts set for ETM?

2 equities research analysts have issued twelve-month target prices for Entercom Communications' shares. Their forecasts range from $8.00 to $8.00. On average, they anticipate Entercom Communications' stock price to reach $8.00 in the next year. This suggests that the stock has a possible downside of 0.6%. View Analyst Ratings for Entercom Communications.

What is the consensus analysts' recommendation for Entercom Communications?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Entercom Communications' key competitors?

Who are Entercom Communications' key executives?

Entercom Communications' management team includes the folowing people:
  • Mr. David J. Field, Chairman, CEO & Pres (Age 55)
  • Mr. Richard J. Schmaeling, Exec. VP & CFO (Age 53)
  • Ms. Louise C. Kramer, Chief Operating Officer (Age 61)
  • Mr. Andrew P. Sutor IV, Exec. VP, Gen. Counsel & Sec. (Age 45)
  • Mr. Eugene D. Levin, VP, Treasurer, Controller & Principal Accounting Officer (Age 67)

Has Entercom Communications been receiving favorable news coverage?

News stories about ETM stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Entercom Communications earned a news sentiment score of 0.13 on Accern's scale. They also gave news articles about the company an impact score of 44.54 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include FIELD JOSEPH M (7.80%) and Bank of Montreal Can (0.09%). Company insiders that own Entercom Communications stock include Andrew P Iv Sutor, David J Field, Eugene D Levin, Joseph M Field, Louise C Kramer, Robert E Philips and Stephen F Fisher. View Institutional Ownership Trends for Entercom Communications.

Which major investors are buying Entercom Communications stock?

ETM stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought Entercom Communications stock in the last two years include David J Field, Joseph M Field and Robert E Philips. View Insider Buying and Selling for Entercom Communications.

How do I buy shares of Entercom Communications?

Shares of ETM 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, Scottrade, Fidelity and Charles Schwab.

What is Entercom Communications' stock price today?

One share of ETM stock can currently be purchased for approximately $8.05.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $1.14 billion and generates $592.88 million in revenue each year. The company earns $233.84 million in net income (profit) each year or ($0.45) on an earnings per share basis. Entercom Communications employs 7,614 workers across the globe.

How can I contact Entercom Communications?

Entercom Communications' mailing address is 401 E. CITY AVENUE SUITE 809, BALA CYNWYD PA, 19004. The company can be reached via phone at 610-660-5610.


MarketBeat Community Rating for Entercom Communications (NYSE ETM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  131 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Entercom Communications and other stocks. Vote "Outperform" if you believe ETM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ETM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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