Entercom Communications Stock Forecast, Price & News

Entercom Communications' stock was trading at $2.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ETM stock has increased by 8.0% and is now trading at $2.57.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Entercom Communications or view MarketBeat's top 5 stock picks.

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Entercom Communications is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Entercom Communications.

Entercom Communications Corp. (NYSE:ETM) posted its quarterly earnings results on Wednesday, November, 11th. The company reported ($0.01) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.05. The business earned $268.51 million during the quarter, compared to analysts' expectations of $277 million. Entercom Communications had a negative return on equity of 3.14% and a negative net margin of 49.10%.
View Entercom Communications' earnings history.

Entercom Communications declared a quarterly dividend on Wednesday, March 4th. Stockholders of record on Friday, March 13th will be given a dividend of $0.02 per share on Friday, March 27th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date is Thursday, March 12th.
View Entercom Communications' dividend history.

4 brokerages have issued 12-month price targets for Entercom Communications' stock. Their forecasts range from $1.00 to $3.50. On average, they expect Entercom Communications' stock price to reach $2.17 in the next year. This suggests that the stock has a possible downside of 15.7%.
View analysts' price targets for Entercom Communications.

Some companies that are related to Entercom Communications include Discovery (DISCA), Formula One Group (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Entravision Communications (EVC), Saga Communications (SGA), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include CVS Health (CVS), Bank of America (BAC), QUALCOMM (QCOM), Energy Transfer (ET), AT&T (T), Alibaba Group (BABA), General Electric (GE), Gilead Sciences (GILD), OPKO Health (OPK) and Pfizer (PFE).

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

Entercom Communications' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.20%), LSV Asset Management (5.11%), State Street Corp (1.94%), Federated Hermes Inc. (1.66%), Morgan Stanley (0.92%) and Charles Schwab Investment Management Inc. (0.56%). Company insiders that own Entercom Communications stock include Andrew P Iv Sutor, David J Field, Joseph M Field, Richard J Schmaeling, Robert E Philips, Stefan M Selig and Susan K Neely.
View institutional ownership trends for Entercom Communications.

ETM stock was sold by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, BlackRock Inc., LSV Asset Management, AJO LP, State Street Corp, GSA Capital Partners LLP, JPMorgan Chase & Co., and Cubist Systematic Strategies LLC.
View insider buying and selling activity for Entercom Communications.

ETM stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Squarepoint Ops LLC, Morgan Stanley, Verus Financial Partners Inc., Arrowstreet Capital Limited Partnership, Public Employees Retirement System of Ohio, Jane Street Group LLC, and AQR Capital Management LLC. Company insiders that have bought Entercom Communications stock in the last two years include Andrew P Iv Sutor, David J Field, Joseph M Field, Richard J Schmaeling, Robert E Philips, Stefan M Selig, and Susan K Neely.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ETM stock can currently be purchased for approximately $2.57.

Entercom Communications has a market capitalization of $354.62 million and generates $1.49 billion in revenue each year. The company earns $-420,210,000.00 in net income (profit) each year or $1.00 on an earnings per share basis. Entercom Communications employs 7,055 workers across the globe.

The official website for Entercom Communications is www.entercom.com.

Entercom Communications' mailing address is 2400 Market Street 4th Floor, Philadelphia PA, 19103. The company can be reached via phone at 610-660-5610.