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 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 dividend yield of 4.44%. The ex-dividend date is Tuesday, June 12th. View Entercom Communications' Dividend History.

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

Entercom Communications Corp. (NYSE:ETM) posted its quarterly earnings results on Tuesday, May, 8th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.07 by $0.17. The business had revenue of $300.60 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous 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 analysts have issued 12 month price targets for Entercom Communications' stock. Their predictions range from $8.00 to $8.00. On average, they expect Entercom Communications' share price to reach $8.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. 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 stories about ETM stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Entercom Communications earned a news sentiment score of 0.08 on Accern's scale. They also gave news coverage about the company an impact score of 45.30 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 acquired 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 $8.10.

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.