NYSE:ETM - Entercom Communications Stock Price, Price Target & More

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$7.50 +0.05 (+0.67 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$7.45
Today's Range$7.35 - $7.65
52-Week Range$6.30 - $12.43
Volume1.58 million shs
Average Volume2.37 million shs
Market Capitalization$1.05 billion
P/E Ratio-16.67
Dividend Yield4.83%
Beta0.93

About Entercom Communications (NYSE:ETM)

Entercom Communications logoEntercom 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
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-16.67
Forward P/E Ratio7.98
P/E GrowthN/A

Sales & Book Value

Annual Sales$592.88 million
Price / Sales1.79
Cash FlowN/A
Price / CashN/A
Book Value$13.07 per share
Price / Book0.57

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

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. 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 yield of 4.80%. The ex-dividend date 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 program 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 reacquire up to 22.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) issued its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.17. The firm had revenue of $300.60 million for the quarter, compared to the consensus estimate of $316.70 million. Entercom Communications had a net margin of 28.86% and a negative return on equity of 1.44%. The business's revenue for the quarter was up 208.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 EPS. View Entercom Communications' Earnings History.

When is Entercom Communications' next earnings date?

Entercom Communications is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Entercom Communications.

What price target have analysts set for ETM?

2 analysts have issued 1 year price objectives for Entercom Communications' stock. Their forecasts range from $8.00 to $8.00. On average, they expect Entercom Communications' share price to reach $8.00 in the next year. View Analyst Ratings for Entercom Communications.

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. Joseph M. Field, Chairman Emeritus (Age 86)
  • 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)

Has Entercom Communications been receiving favorable news coverage?

News articles about ETM stock have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Entercom Communications earned a news impact score of 0.13 on Accern's scale. They also gave news articles about the company an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scopia Capital Management LP (9.61%), FIELD JOSEPH M (7.80%), BlackRock Inc. (6.13%), JPMorgan Chase & Co. (5.46%), Principal Financial Group Inc. (4.60%) and Principal Financial Group Inc. (4.39%). 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.

Which institutional investors are selling Entercom Communications stock?

ETM stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Citigroup Inc., Barclays PLC, New York State Common Retirement Fund, Dimensional Fund Advisors LP, State of New Jersey Common Pension Fund D, PNC Financial Services Group Inc. and BlackRock Inc.. View Insider Buying and Selling for Entercom Communications.

Which institutional investors are buying Entercom Communications stock?

ETM stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Investure LLC, Roystone Capital Management LP, Principal Financial Group Inc., Principal Financial Group Inc., Clearfield Capital Management LP, MD Sass Investors Services Inc. and KBC Group NV. 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 $7.50.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $1.05 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 (ETM)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  272
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 6/18/2018 by MarketBeat.com Staff

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