Entercom 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.
Industry, Sector and Symbol
Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Phone610-660-5610
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$592.88 million
Profitability
Miscellaneous
Employees7,614
OptionableOptionable
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 declared a quarterly dividend on Monday, November 12th. Stockholders of record on Tuesday, November 27th will be given a dividend of $0.09 per share on Friday, December 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Monday, November 26th. View Entercom Communications' Dividend History.
How will Entercom Communications' stock buyback program work?
Entercom Communications announced that its board has approved a share repurchase plan on Thursday, November 2nd 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 22.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.
How were Entercom Communications' earnings last quarter?
Entercom Communications Corp. (NYSE:ETM) issued its quarterly earnings results on Tuesday, November, 6th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.02. The company earned $378.50 million during the quarter, compared to analyst estimates of $378 million. Entercom Communications had a net margin of 19.89% and a return on equity of 0.14%. Entercom Communications's revenue for the quarter was up 209.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.09 earnings per share. View Entercom Communications' Earnings History.
When is Entercom Communications' next earnings date?
What price target have analysts set for ETM?
4 analysts have issued 1 year target prices for Entercom Communications' shares. Their forecasts range from $8.00 to $8.50. On average, they expect Entercom Communications' stock price to reach $8.25 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Entercom Communications.
What is the consensus analysts' recommendation for Entercom Communications?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Entercom Communications.
Has Entercom Communications been receiving favorable news coverage?
Media coverage about ETM stock has trended positive this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Entercom Communications earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.
Who are some of Entercom Communications' key competitors?
Some companies that are related to Entercom Communications include Pandora Media (P), Corus Entertainment (CJREF), Cumulus Media (CMLS), Beasley Broadcast Group (BBGI), Urban One (UONE), Townsquare Media (TSQ), Urban One (UONEK), Salem Media Group (SALM), Emmis Communications (EMMS), iHeartMedia (IHRTQ), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).
Who are Entercom Communications' key executives?
Entercom Communications' management team includes the folowing people:
- Mr. David J. Field, Chairman, CEO & Pres (Age 56)
- Mr. Richard J. Schmaeling, Exec. VP & CFO (Age 54)
- Ms. Louise C. Kramer, Chief Operating Officer (Age 62)
- Mr. Andrew P. Sutor IV, Exec. VP, Gen. Counsel & Sec. (Age 46)
- Mr. Eugene D. Levin, VP, Controller & Principal Accounting Officer (Age 68)
Who are Entercom Communications' major shareholders?
Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Nisa Investment Advisors LLC (0.07%). Company insiders that own Entercom Communications stock include David J Field, Eugene D Levin, Joseph M Field and Robert E Philips. View Institutional Ownership Trends for Entercom Communications.
Which major investors are buying Entercom Communications stock?
ETM stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment 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 $7.16.
How big of a company is Entercom Communications?
Entercom Communications has a market capitalization of $1.01 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.
What is Entercom Communications' official website?
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)
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.
