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

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

Entercom Communications announced a quarterly dividend on Monday, May 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend is Tuesday, June 12th. View Entercom Communications' Dividend History.

Entercom Communications announced that its Board of Directors has authorized a share repurchase program 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 buy up to 22.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings results on Tuesday, May, 8th. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.17. The firm had revenue of $300.60 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 208.3% compared to the same quarter last year. During the same period last year, the company posted $0.07 earnings per share. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Entercom Communications.

2 brokerages have issued twelve-month price targets 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.

Some companies that are related to Entercom Communications include Pandora Media (P), Corus Entertainment (CJREF), Beasley Broadcast Group (BBGI), Townsquare Media (TSQ), Urban One Inc Class A (UONE), Salem Media Group (SALM), Urban One Inc Class D (UONEK), Emmis Communications (EMMS), Spanish Broadcasting System (SBSAA) and CUR Media (CURM).

News headlines about ETM stock have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing 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 one, with scores closest to one being the most favorable. Entercom Communications earned a news sentiment score of 0.07 on Accern's scale. They also gave press coverage about the company an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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.

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.

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.

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.

One share of ETM stock can currently be purchased for approximately $7.90.

Entercom Communications has a market capitalization of $1.06 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.

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.