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 declared a quarterly dividend on Monday, May 21st. Shareholders 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 annualized dividend and a yield of 4.80%. The ex-dividend date is Tuesday, June 12th. View Entercom Communications' Dividend History.

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.

Entercom Communications Corp. (NYSE:ETM) issued its quarterly earnings data on Tuesday, May, 8th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.17. The firm had revenue of $300.60 million for the quarter, compared to the consensus estimate of $316.70 million. Entercom Communications had a net margin of 28.86% and a negative return on equity of 1.44%. The business's revenue for the quarter was up 208.3% compared to the same quarter last year. During the same quarter 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 Thursday, July, 26th 2018. View Earnings Estimates for Entercom Communications.

2 analysts have issued 1 year price objectives 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), Urban One Inc Class A (UONE), Townsquare Media (TSQ), Salem Media Group (SALM), Urban One Inc Class D (UONEK), Emmis Communications (EMMS), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).

News articles about ETM stock have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing 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 positive one, with scores nearest to one being the most favorable. Entercom Communications earned a news impact score of 0.13 on Accern's scale. They also gave news articles about the company an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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 $7.50.

Entercom Communications has a market capitalization of $1.05 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.