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

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$5.49 -0.31 (-5.34 %)
(As of 03/25/2019 08:48 AM ET)
Previous Close$5.80
Today's Range$5.40 - $5.77
52-Week Range$5.27 - $10.95
Volume1.82 million shs
Average Volume2.34 million shs
Market Capitalization$778.37 million
P/E Ratio6.54
Dividend Yield6.56%
Beta1.09
Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. As of February 20, 2018, it had a portfolio of approximately 235 radio stations, digital platforms, and live events. Entercom Communications Corp. was founded in 1968 and is headquartered in Bala Cynwyd, Pennsylvania.

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Industry, Sector and Symbol

Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
CUSIP29363910
Phone610-660-5610

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$1.1461 per share
Book Value$9.45 per share

Profitability

Net Income$-361,430,000.00

Miscellaneous

Employees7,626
Market Cap$778.37 million
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Entercom Communications (NYSE:ETM) Frequently Asked Questions

What is Entercom Communications' stock symbol?

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

How often does Entercom Communications pay dividends? What is the dividend yield for Entercom Communications?

Entercom Communications declared a quarterly dividend on Wednesday, February 27th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.09 per share on Thursday, March 28th. This represents a $0.36 annualized dividend and a dividend yield of 6.56%. The ex-dividend date is Wednesday, March 13th. View Entercom Communications' Dividend History.

How will Entercom Communications' stock buyback program work?

Entercom Communications declared that its Board of Directors has initiated a stock buyback program on Thursday, November 2nd 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 22.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) released its quarterly earnings data on Friday, February, 22nd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.04. The company had revenue of $411.38 million for the quarter, compared to analysts' expectations of $410 million. Entercom Communications had a negative net margin of 24.71% and a positive return on equity of 4.40%. The company's revenue was up 66.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. View Entercom Communications' Earnings History.

When is Entercom Communications' next earnings date?

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

What price target have analysts set for ETM?

4 brokerages have issued 12 month target prices for Entercom Communications' shares. Their predictions range from $8.00 to $8.50. On average, they anticipate Entercom Communications' stock price to reach $8.25 in the next year. This suggests a possible upside of 50.3% from the stock's current price. View Analyst Price Targets for Entercom Communications.

What is the consensus analysts' recommendation 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.

Has Entercom Communications been receiving favorable news coverage?

News stories about ETM stock have trended somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Entercom Communications earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Entercom Communications' key competitors?

What other stocks do shareholders of Entercom Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include General Electric (GE), Micron Technology (MU), New Residential Investment (NRZ), Alibaba Group (BABA), Cronos Group (CRON), Chesapeake Energy (CHK), Bank of America (BAC), Hercules Capital (HTGC), QUALCOMM (QCOM) and Energy Transfer LP Unit (ET).

Who are Entercom Communications' key executives?

Entercom Communications' management team includes the folowing people:
  • Mr. David J. Field, Chairman, CEO & Pres (Age 56)
  • Mr. Richard J. Schmaeling, Exec. VP & CFO (Age 54)
  • Ms. Louise C. Kramer, Chief Operating Officer (Age 62)
  • Mr. Andrew P. Sutor IV, Exec. VP, Gen. Counsel & Sec. (Age 46)
  • Mr. Eugene D. Levin, VP, Controller & Principal Accounting Officer (Age 68)

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (7.22%), BlackRock Inc. (6.36%), Principal Financial Group Inc. (3.34%), Dimensional Fund Advisors LP (3.09%), Dimensional Fund Advisors LP (3.09%) and Marathon Asset Management LLP (2.45%). 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.

Which major investors are selling Entercom Communications stock?

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

Which major investors are buying Entercom Communications stock?

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

How do I buy shares of 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.

What is Entercom Communications' stock price today?

One share of ETM stock can currently be purchased for approximately $5.49.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $778.37 million and generates $1.46 billion in revenue each year. The company earns $-361,430,000.00 in net income (profit) each year or $0.84 on an earnings per share basis. Entercom Communications employs 7,626 workers across the globe.

What is Entercom Communications' official website?

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

How can I contact Entercom Communications?

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.


MarketBeat Community Rating for Entercom Communications (NYSE ETM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  381
MarketBeat's community ratings are surveys of what our community members think about Entercom Communications and other stocks. Vote "Outperform" if you believe ETM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ETM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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