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

$3.86
+0.04 (+1.05 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$3.83
Now: $3.86
$3.94
50-Day Range
$3.0450
MA: $4.08
$5.79
52-Week Range
$2.94
Now: $3.86
$8.30
Volume1.42 million shs
Average Volume1.43 million shs
Market Capitalization$550.05 million
P/E Ratio4.60
Dividend Yield2.09%
Beta1.36
Entercom Communications Corp., a media and entertainment company, engages in radio broadcasting business in the United States. 3 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 11, 2019, it had a portfolio of approximately 235 radio stations, digital platforms, and live events. Read More…

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$1.46 billion
Cash Flow$1.1557 per share
Book Value$9.45 per share

Profitability

Net Income$-361,430,000.00

Miscellaneous

Employees7,626
Market Cap$550.05 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Friday, August 9th. Shareholders of record on Thursday, August 29th will be given a dividend of $0.02 per share on Friday, September 13th. This represents a $0.08 annualized dividend and a yield of 2.07%. The ex-dividend date is Wednesday, August 28th. 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 Wednesday, August, 7th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.09. The firm had revenue of $380.70 million for the quarter, compared to the consensus estimate of $386.57 million. Entercom Communications had a negative net margin of 21.69% and a positive return on equity of 7.96%. The business's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.01 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 Tuesday, November 5th 2019. View Earnings Estimates for Entercom Communications.

What price target have analysts set for ETM?

3 analysts have issued 1 year price objectives for Entercom Communications' stock. Their forecasts range from $6.00 to $8.50. On average, they expect Entercom Communications' share price to reach $7.25 in the next year. This suggests a possible upside of 87.8% from the stock's current price. View Analyst Price Targets for Entercom Communications.

What is the consensus analysts' recommendation for Entercom Communications?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 3 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?

News articles about ETM stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. 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 impact score of 0.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Entercom Communications.

Who are some of Entercom Communications' key competitors?

What other stocks do shareholders of Entercom Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include Cronos Group (CRON), General Electric (GE), Micron Technology (MU), QUALCOMM (QCOM), Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Celgene (CELG), AbbVie (ABBV) and Bank of America (BAC).

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. Robert E. Philips, Chief Revenue Officer (Age 56)

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (8.62%), Vanguard Group Inc. (8.00%), BlackRock Inc. (6.39%), LSV Asset Management (5.17%), Marathon Asset Management LLP (2.57%) and Boston Partners (1.64%). 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.

Which institutional investors are selling Entercom Communications stock?

ETM stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Marshall Wace LLP, Tensile Capital Management LLC, Wells Fargo & Company MN, First Trust Advisors LP, Weber Alan W, Russell Investments Group Ltd. and Boston Partners. 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 Goldentree Asset Management LP, Prudential Financial Inc., Nuveen Asset Management LLC, JPMorgan Chase & Co., Keeley Teton Advisors LLC, Vanguard Group Inc., Invesco Ltd. and BlackRock Inc.. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Entercom Communications' stock price today?

One share of ETM stock can currently be purchased for approximately $3.86.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $550.05 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.

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 2400 Market Street 4th Floor, Philadelphia PA, 19103. 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:  199 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  427
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 9/15/2019 by MarketBeat.com Staff

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