NYSE:ETM - Entercom Communications Stock Price, News, & Analysis

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$7.65 +0.14 (+1.86 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$7.51
Today's Range$7.51 - $7.70
52-Week Range$5.27 - $10.95
Volume1.31 million shs
Average Volume785,688 shs
Market Capitalization$1.09 billion
P/E Ratio-17.00
Dividend Yield4.79%
Beta1.17
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.

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Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
CUSIP29363910
Phone610-660-5610

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$592.88 million
Book Value$13.07 per share

Profitability

Net Income$233.84 million

Miscellaneous

Employees7,614
Market Cap$1.09 billion
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 announced 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 4.71%. 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 authorized a stock repurchase program 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 repurchase up to 22.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) posted its earnings results on Thursday, November, 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.02. The firm had revenue of $122.30 million for the quarter, compared to analysts' expectations of $120.76 million. Entercom Communications had a return on equity of 0.14% and a net margin of 19.89%. Entercom Communications's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. View Entercom Communications' Earnings History.

When is Entercom Communications' next earnings date?

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, February 22nd 2019. View Earnings Estimates for Entercom Communications.

How can I listen to Entercom Communications' earnings call?

Entercom Communications will be holding an earnings conference call on Friday, February 22nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8888890278.

What price target have analysts set for ETM?

4 brokers have issued twelve-month price objectives for Entercom Communications' stock. 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 7.8% 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 headlines about ETM stock have been trending neutral this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Entercom Communications earned a news sentiment score of 0.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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 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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.36%), Principal Financial Group Inc. (3.34%), Dimensional Fund Advisors LP (3.09%), Marathon Asset Management LLP (2.45%), LSV Asset Management (2.11%) and Boston Partners (1.65%). 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 institutional investors are selling Entercom Communications stock?

ETM stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Northern Trust Corp, Weber Alan W, KBC Group NV, Gamco Investors INC. ET AL, Millennium Management LLC, Mycio Wealth Partners LLC and Nomura Holdings Inc.. View Insider Buying and Selling for Entercom Communications.

Which institutional investors are buying Entercom Communications stock?

ETM stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Dimensional Fund Advisors LP, Lord Abbett & CO. LLC, Mcclain Value Management LLC, Bank of New York Mellon Corp, Tensile Capital Management LLC, Prudential Financial Inc. and Marathon Asset Management LLP. 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 $7.65.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $1.09 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?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  373
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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