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 given 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 4.47%. The ex-dividend date is Tuesday, June 12th. View Entercom Communications' Dividend History.

Entercom Communications announced that its Board of Directors has initiated a stock repurchase program on Thursday, November 2nd 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding 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 generally an indication that the company's leadership believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.17. The company 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 firm's revenue was up 208.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. 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 brokers have issued 12 month target prices for Entercom Communications' shares. Their predictions range from $8.00 to $8.00. On average, they expect Entercom Communications' stock price to reach $8.00 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View Analyst Ratings 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."

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

Media stories about ETM stock have been trending somewhat negative this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Entercom Communications earned a media sentiment score of -0.06 on Accern's scale. They also gave news stories about the company an impact score of 47.74 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Entercom Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include FIELD JOSEPH M (7.80%), Mycio Wealth Partners LLC (0.12%), Nisa Investment Advisors LLC (0.11%), Bank of Montreal Can (0.09%) and Unison Advisors LLC (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Mycio Wealth Partners LLC, Bank of Montreal Can, Nisa Investment Advisors LLC and Unison Advisors LLC. 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 $8.05.

Entercom Communications has a market capitalization of $1.14 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.