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

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

Entercom Communications announced a quarterly dividend on Monday, November 12th. Shareholders of record on Tuesday, November 27th will be given a dividend of $0.09 per share on Friday, December 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date of this dividend is Monday, November 26th. View Entercom Communications' Dividend History.

Entercom Communications declared that its board has authorized a stock buyback plan on Thursday, November 2nd 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 22.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Entercom Communications Corp. (NYSE:ETM) released its quarterly earnings results on Tuesday, November, 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.02. The business earned $378.50 million during the quarter, compared to analyst estimates of $378 million. Entercom Communications had a return on equity of 0.14% and a net margin of 19.89%. Entercom Communications's quarterly revenue was up 209.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 earnings per share. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Entercom Communications.

4 Wall Street analysts have issued 12-month price targets for Entercom Communications' stock. Their predictions range from $8.00 to $8.50. On average, they expect Entercom Communications' share price to reach $8.25 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Entercom Communications.

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

Headlines about ETM stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Entercom Communications earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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

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 $7.07.

Entercom Communications has a market capitalization of $1.01 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.

The official website for Entercom Communications is http://www.entercom.com.

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.