Entercom Communications Stock Price, News & Analysis (NYSE:ETM)

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

Entercom Communications announced a quarterly dividend on Friday, August 9th. Stockholders of record on Thursday, August 29th will be given a dividend of $0.02 per share on Friday, September 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Wednesday, August 28th. View Entercom Communications' Dividend History.

Entercom Communications announced that its Board of Directors has initiated a stock repurchase program on Thursday, November 2nd 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 22.2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings data on Wednesday, August, 7th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.28 by $0.09. The company had revenue of $380.70 million for the quarter, compared to analysts' expectations of $386.57 million. Entercom Communications had a negative net margin of 21.69% and a positive return on equity of 7.96%. The firm's revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.01 EPS. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Entercom Communications.

4 brokers have issued 12 month target prices for Entercom Communications' shares. Their predictions range from $6.00 to $8.50. On average, they expect Entercom Communications' stock price to reach $7.25 in the next twelve months. This suggests a possible upside of 105.4% from the stock's current price. View Analyst Price Targets for Entercom Communications.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Entercom Communications.

Media stories about ETM stock have been trending somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Entercom Communications earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Entercom Communications.

Some companies that are related to Entercom Communications include Corus Entertainment (CJREF), Cumulus Media (CMLS), Townsquare Media (TSQ), iHeartMedia (IHRTQ), Urban One (UONEK), Beasley Broadcast Group (BBGI), Urban One (UONE), Emmis Communications (EMMS), Salem Media Group (SALM), MODERN MEDIA AC/SH SH (MMDM), Spanish Broadcasting System (SBSAA) and CUR Media (CURM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include Cronos Group (CRON), General Electric (GE), Micron Technology (MU), QUALCOMM (QCOM), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Celgene (CELG), AbbVie (ABBV), Bank of America (BAC) and Chesapeake Energy (CHK).

Entercom Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (8.62%), Vanguard Group Inc. (8.00%), BlackRock Inc. (6.39%), LSV Asset Management (5.17%), Marathon Asset Management LLP (2.57%) and Boston Partners (1.64%). Company insiders that own Entercom Communications stock include David J Field, Eugene D Levin, Joseph M Field, Richard J Schmaeling, Robert E Philips and Susan K Neely. View Institutional Ownership Trends for Entercom Communications.

ETM stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Marshall Wace LLP, Tensile Capital Management LLC, Wells Fargo & Company MN, First Trust Advisors LP, Weber Alan W, Russell Investments Group Ltd. and Boston Partners. View Insider Buying and Selling for Entercom Communications.

ETM stock was purchased by a variety of institutional investors in the last quarter, including Goldentree Asset Management LP, Prudential Financial Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., Keeley Teton Advisors LLC, Vanguard Group Inc., Invesco Ltd. and BlackRock Inc.. Company insiders that have bought Entercom Communications stock in the last two years include David J Field, Joseph M Field, Richard J Schmaeling, Robert E Philips and Susan K Neely. 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, Robinhood, Fidelity and Charles Schwab.

One share of ETM stock can currently be purchased for approximately $3.53.

Entercom Communications has a market capitalization of $503.03 million and generates $1.46 billion in revenue each year. The company earns $-361,430,000.00 in net income (profit) each year or $0.84 on an earnings per share basis. Entercom Communications employs 7,626 workers across the globe.View Additional Information About Entercom Communications.

The official website for Entercom Communications is http://www.entercom.com/.

Entercom Communications' mailing address is 2400 Market Street 4th Floor, Philadelphia PA, 19103. The company can be reached via phone at 610-660-5610.