NYSE:ETMEntercom Communications Stock Price, Forecast & News

Entercom Communications' stock was trading at $2.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ETM stock has decreased by 28.2% and is now trading at $1.71. View which stocks have been most impacted by Coronavirus.

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.

Entercom Communications is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Entercom Communications.

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings data on Thursday, May, 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.08. The company had revenue of $297.03 million for the quarter, compared to the consensus estimate of $299 million. Entercom Communications had a negative net margin of 29.26% and a positive return on equity of 9.71%. View Entercom Communications' earnings history.

Entercom Communications declared a quarterly dividend on Wednesday, March 4th. Investors 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 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend is Thursday, March 12th. View Entercom Communications' dividend history.

4 brokers have issued 12 month target prices for Entercom Communications' stock. Their forecasts range from $1.00 to $3.50. On average, they anticipate Entercom Communications' stock price to reach $2.17 in the next twelve months. This suggests a possible upside of 26.7% from the stock's current price. View analysts' price targets for Entercom Communications.

News stories about ETM stock have trended very negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Entercom Communications earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutEntercom Communications.

Entercom Communications saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,280,000 shares, an increase of 6.0% from the April 30th total of 10,640,000 shares. Based on an average daily volume of 1,660,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 9.8% of the shares of the stock are short sold. View Entercom Communications' Current Options Chain.

Some companies that are related to Entercom Communications include Discovery Communications (DISCA), Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Saga Communications (SGA), Entravision Communication (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include Roku (ROKU), AT&T (T), Walt Disney (DIS), Metlife (MET), Netflix (NFLX), Comcast (CMCSA), Sirius XM (SIRI), Zynga (ZNGA), Brighthouse Financial (BHF) and Carnival (CCL).

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

Entercom Communications' stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (9.31%), BlackRock Inc. (6.54%), Marathon Asset Management LLP (2.63%), State Street Corp (2.54%), Lord Abbett & CO. LLC (2.32%) and Tensile Capital Management LLC (1.49%). Company insiders that own Entercom Communications stock include Andrew P Iv Sutor, David J Field, Joseph M Field, Richard J Schmaeling, 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 Marathon Asset Management LLP, JPMorgan Chase & Co., Morgan Stanley, Parametric Portfolio Associates LLC, Wells Fargo & Company MN, Bank of New York Mellon Corp, Gamco Investors INC. ET AL, and UBS Group AG. View insider buying and selling activity for Entercom Communications.

ETM stock was purchased by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Lord Abbett & CO. LLC, Tensile Capital Management LLC, Mcclain Value Management LLC, State Street Corp, Federated Hermes Inc., Two Sigma Investments LP, and Whitebox Advisors 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, 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 $1.71.

Entercom Communications has a market capitalization of $236.03 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.