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

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

Entercom Communications announced a quarterly dividend on Friday, November 15th. Shareholders of record on Friday, November 29th will be given a dividend of $0.02 per share on Monday, December 16th. This represents a $0.08 annualized dividend and a yield of 1.73%. The ex-dividend date is Wednesday, November 27th. View Entercom Communications' Dividend History.

Entercom Communications Corp. (NYSE:ETM) released its earnings results on Friday, November, 8th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.04. The company earned $386.14 million during the quarter, compared to the consensus estimate of $381 million. Entercom Communications had a negative net margin of 21.49% and a positive return on equity of 8.73%. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Entercom Communications.

2 Wall Street analysts have issued 12-month price targets for Entercom Communications' stock. Their forecasts range from $4.00 to $6.00. On average, they anticipate Entercom Communications' share price to reach $5.00 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Entercom Communications.

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

Media stories about ETM stock have been trending very positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing 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 five, with scores closest to five being the most favorable. Entercom Communications earned a news impact score of 3.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Entercom Communications.

Entercom Communications saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 13,100,000 shares, a decrease of 10.2% from the December 15th total of 14,590,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is presently 12.7 days. Approximately 11.2% of the shares of the company are short sold. View Entercom Communications' Current Options Chain.

Some companies that are related to Entercom Communications include Discovery Communications (DISCA), Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Saga Communications (SGA), Entravision Communication (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include Energy Transfer LP Unit (ET), AbbVie (ABBV), General Electric (GE), AT&T (T), Advanced Micro Devices (AMD), Bank of America (BAC), Kinder Morgan (KMI), QUALCOMM (QCOM), Enterprise Products Partners (EPD) and Pfizer (PFE).

Entercom Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (3.52%), Nisa Investment Advisors LLC (0.05%), Tocqueville Asset Management L.P. (0.03%) and Alpine Global Management LLC (0.02%). 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 Marathon Asset Management LLP, Nisa Investment Advisors LLC and Tocqueville Asset Management L.P.. View Insider Buying and Selling for Entercom Communications.

ETM stock was purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC. 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 $4.62.

Entercom Communications has a market capitalization of $635.85 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.