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

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$8.05 +0.05 (+0.63 %)
(As of 07/20/2018 06:37 AM ET)
Previous Close$8.00
Today's Range$7.95 - $8.10
52-Week Range$6.30 - $12.43
Volume1.36 million shs
Average Volume1.55 million shs
Market Capitalization$1.13 billion
P/E Ratio61.54
Dividend Yield4.50%
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 Ratio61.54
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$1,130.15

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. Shareholders of record on Wednesday, June 13th will be paid 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 initiated a stock 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 generally an indication that the company's board of directors believes its stock is undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) released its earnings results on Tuesday, May, 8th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.17. The company earned $300.60 million during the quarter, compared to the consensus estimate of $316.70 million. Entercom Communications had a net margin of 28.86% and a negative return on equity of 1.44%. The company's revenue for the quarter was up 208.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.07 EPS. 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 Wall Street analysts have issued 1-year price targets for Entercom Communications' shares. Their forecasts range from $8.00 to $8.00. On average, they anticipate Entercom Communications' share price to reach $8.00 in the next twelve months. 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 articles about ETM stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Entercom Communications earned a coverage optimism score of 0.15 on Accern's scale. They also gave news coverage about the company an impact score of 46.26 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FIELD JOSEPH M (7.80%), Mycio Wealth Partners LLC (0.12%), Nisa Investment Advisors LLC (0.11%), Bank of Montreal Can (0.09%) and Unison Advisors LLC (0.03%). 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 institutional investors are buying Entercom Communications stock?

ETM stock was bought by a variety of institutional investors in the last quarter, including Mycio Wealth Partners LLC, Bank of Montreal Can, Nisa Investment Advisors LLC and Unison Advisors LLC. 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 $1.13 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.

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:  132 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  299
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 7/20/2018 by MarketBeat.com Staff

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