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 Wednesday, August 8th. Investors of record on Friday, August 24th will be paid a dividend of $0.09 per share on Friday, September 14th. This represents a $0.36 annualized dividend and a yield of 4.90%. The ex-dividend date of this dividend is Thursday, August 23rd. View Entercom Communications' Dividend History.

Entercom Communications announced that its Board of Directors has initiated 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 repurchase up to 22.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Entercom Communications Corp. (NYSE:ETM) released its quarterly earnings data on Wednesday, August, 8th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.40. The firm earned $372.10 million during the quarter, compared to analyst estimates of $379.40 million. Entercom Communications had a negative return on equity of 1.62% and a net margin of 21.63%. The firm's revenue for the quarter was up 197.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 EPS. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Entercom Communications.

2 brokers have issued 12 month price objectives for Entercom Communications' shares. Their predictions range from $8.00 to $8.00. On average, they anticipate Entercom Communications' stock price to reach $8.00 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Entercom Communications.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Entercom Communications in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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), Townsquare Media (TSQ), Urban One Inc Class A (UONE), Urban One Inc Class D (UONEK), Salem Media Group (SALM), Emmis Communications (EMMS), CUR Media (CURM) and Spanish Broadcasting System (SBSAA).

Media stories about ETM stock have trended somewhat positive on Saturday, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Entercom Communications earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave media headlines about the company an impact score of 48.94 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Entercom Communications.

Entercom Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.56%), FIELD JOSEPH M (7.80%), Scopia Capital Management LP (7.31%), BlackRock Inc. (6.37%), Dimensional Fund Advisors LP (1.71%) and Boston Partners (1.61%). 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 Scopia Capital Management LP, Point72 Asset Management L.P., Clearfield Capital Management LP, KBC Group NV, FMR LLC, California Public Employees Retirement System, Bank of America Corp DE and LSV Asset Management. View Insider Buying and Selling for Entercom Communications.

ETM stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Gilder Gagnon Howe & Co. LLC, BlackRock Inc., Gabelli Funds LLC, Sarbit Advisory Services Inc., Tocqueville Asset Management L.P., Gamco Investors INC. ET AL and Emerald Advisers Inc. PA. 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 $7.35.

Entercom Communications has a market capitalization of $1.09 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.