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. Shareholders 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 4.50%. The ex-dividend date of this dividend is Tuesday, June 12th. View Entercom Communications' Dividend History.

Entercom Communications declared that its Board of Directors has approved a stock repurchase plan on Thursday, November 2nd 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 22.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) released its quarterly earnings data 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 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%. The firm's revenue for the quarter 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.

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 twelve-month target prices for Entercom Communications' stock. Their forecasts range from $8.00 to $8.00. On average, they expect Entercom Communications' stock price to reach $8.00 in the next twelve months. 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).

Headlines about ETM stock have trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Entercom Communications earned a daily sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the company an impact score of 46.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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

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.

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 $8.00.

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.