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
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 Ratio-17.78
Forward P/E Ratio8.08
P/E GrowthN/A
Sales & Book Value
Annual Sales$592.88 million
Price / Sales1.91
Cash FlowN/A
Price / CashN/A
Book Value$13.07 per share
Price / Book0.61
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 declared a quarterly dividend on Monday, May 21st. Investors 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 4.50%. The ex-dividend date of this dividend 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 approved a share buyback plan on Thursday, November 2nd 2017, which permits the company to repurchase $100,000,000.00 in 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 often an indication that the company's leadership believes its stock is undervalued.
How were Entercom Communications' earnings last quarter?
Entercom Communications Corp. (NYSE:ETM) announced its earnings results on Tuesday, May, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.17. The business had revenue of $300.60 million for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. View Entercom Communications' Earnings History.
When is Entercom Communications' next earnings date?
What price target have analysts set for ETM?
2 brokers have issued twelve-month target prices for Entercom Communications' shares. Their forecasts range from $8.00 to $8.00. On average, they expect Entercom Communications' share price to reach $8.00 in the next twelve months. 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 coverage about ETM stock has been trending somewhat positive recently, according to Accern. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Entercom Communications earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news headlines about the company an impact score of 45.51 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Entercom Communications' major shareholders?
Entercom Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FIELD JOSEPH M (7.80%). 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.
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 $8.00.
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)
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.
