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

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

Entercom Communications declared 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 of this dividend is Tuesday, June 12th. View Entercom Communications' Dividend History.

Entercom Communications announced that its board has initiated a share repurchase plan on Thursday, November 2nd 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 22.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

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

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

2 brokerages have issued 1 year price objectives for Entercom Communications' shares. Their forecasts range from $8.00 to $8.00. On average, they expect 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.

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."

Some companies that are related to Entercom Communications include Pandora Media (P), Corus Entertainment (CJREF), Beasley Broadcast Group (BBGI), Salem Media Group (SALM), Townsquare Media (TSQ), Urban One Inc Class A (UONE), Urban One Inc Class D (UONEK), Emmis Communications (EMMS), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).

Media coverage about ETM stock has trended somewhat positive this week, Accern reports. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Entercom Communications earned a news impact score of 0.13 on Accern's scale. They also assigned headlines about the company an impact score of 46.45 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

ETM stock was bought 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.

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.

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

Entercom Communications has a market capitalization of $1.13 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.

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.