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 declared a quarterly dividend on Monday, November 12th. Stockholders of record on Tuesday, November 27th will be paid 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 4.91%. The ex-dividend date is Monday, November 26th. View Entercom Communications' Dividend History.

Entercom Communications announced that its Board of Directors has authorized a share repurchase program on Thursday, November 2nd 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 22.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) issued its earnings results on Thursday, November, 2nd. The company reported $0.24 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.02. The company earned $122.30 million during the quarter, compared to analysts' expectations of $120.76 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 .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, February 22nd 2019. View Earnings Estimates for Entercom Communications.

Entercom Communications will be holding an earnings conference call on Friday, February 22nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8888890278.

4 brokers have issued 12 month price targets for Entercom Communications' stock. Their forecasts range from $8.00 to $8.50. On average, they expect Entercom Communications' stock price to reach $8.25 in the next year. This suggests a possible upside of 12.6% 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.

News headlines about ETM stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of news 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 1.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is 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), iHeartMedia (IHRTQ), Beasley Broadcast Group (BBGI), Townsquare Media (TSQ), Urban One (UONE), Urban One (UONEK), Salem Media Group (SALM), Emmis Communications (EMMS), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).

Entercom Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.36%), Principal Financial Group Inc. (3.34%), Dimensional Fund Advisors LP (3.09%), Marathon Asset Management LLP (2.45%), LSV Asset Management (2.11%) and Boston Partners (1.65%). Company insiders that own Entercom Communications stock include David J Field, Eugene D Levin, Joseph M Field and Robert E Philips. View Institutional Ownership Trends for Entercom Communications.

ETM stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Northern Trust Corp, Weber Alan W, KBC Group NV, Gamco Investors INC. ET AL, Mycio Wealth Partners LLC, Nomura Holdings Inc. and Raymond James & Associates. View Insider Buying and Selling for Entercom Communications.

ETM stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Dimensional Fund Advisors LP, Lord Abbett & CO. LLC, Mcclain Value Management LLC, Bank of New York Mellon Corp, Tensile Capital Management LLC, Prudential Financial Inc. and Marathon Asset Management LLP. 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 $7.33.

Entercom Communications has a market capitalization of $1.04 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.