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

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$6.47 +0.01 (+0.15 %)
(As of 12/11/2018 08:00 AM ET)
Previous Close$6.46
Today's Range$6.36 - $6.56
52-Week Range$5.82 - $11.70
Volume1.41 million shs
Average Volume1.23 million shs
Market Capitalization$920.71 million
P/E RatioN/A
Dividend Yield5.57%
Beta0.9
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

Stock Exchange NYSE
Industry Radio broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Current SymbolNYSE:ETM
Previous Symbol
CUSIP29363910
Phone610-660-5610

Debt

Debt-to-Equity Ratio1.10
Current Ratio2.68
Quick Ratio2.68

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$592.88 million
Price / Sales1.56
Cash FlowN/A
Price / Cash FlowN/A
Book Value$13.07 per share
Price / Book0.50

Profitability

EPS (Most Recent Fiscal Year)($0.45)
Net Income$233.84 million
Net Margins19.89%
Return on Equity0.14%
Return on Assets0.05%

Miscellaneous

Employees7,614
Outstanding Shares142,520,000
Market Cap$920.71 million
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 announced a quarterly dividend on Monday, November 12th. Shareholders of record on Tuesday, November 27th will be given a dividend of $0.09 per share on Friday, December 14th. This represents a $0.36 annualized dividend and a yield of 5.56%. The ex-dividend date is Monday, November 26th. View Entercom Communications' Dividend History.

How will Entercom Communications' stock buyback program work?

Entercom Communications declared that its Board of Directors has authorized a share repurchase program on Thursday, November 2nd 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 22.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

How were Entercom Communications' earnings last quarter?

Entercom Communications Corp. (NYSE:ETM) issued its quarterly earnings results on Tuesday, November, 6th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.02. The firm earned $378.50 million during the quarter, compared to analyst estimates of $378 million. Entercom Communications had a return on equity of 0.14% and a net margin of 19.89%. The company's revenue for the quarter was up 209.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 earnings per share. View Entercom Communications' Earnings History.

When is Entercom Communications' next earnings date?

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

What price target have analysts set for ETM?

4 Wall Street analysts have issued 12-month price targets for Entercom Communications' shares. Their forecasts range from $8.00 to $8.50. On average, they anticipate Entercom Communications' stock price to reach $8.25 in the next twelve months. This suggests a possible upside of 27.5% 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?

Media headlines about ETM stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Entercom Communications earned a coverage optimism score of 1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press 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?

Who are Entercom Communications' key executives?

Entercom Communications' management team includes the folowing people:
  • Mr. David J. Field, Chairman, CEO & Pres (Age 55)
  • Mr. Richard J. Schmaeling, Exec. VP & CFO (Age 53)
  • Ms. Louise C. Kramer, Chief Operating Officer (Age 61)
  • Mr. Andrew P. Sutor IV, Exec. VP, Gen. Counsel & Sec. (Age 45)
  • Mr. Eugene D. Levin, VP, Treasurer, Controller & Principal Accounting Officer (Age 67)

Who are Entercom Communications' major shareholders?

Entercom Communications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (9.05%), Vanguard Group Inc. (7.58%), JPMorgan Chase & Co. (6.58%), BlackRock Inc. (6.20%), Scopia Capital Management LP (5.58%) and Capital World Investors (4.11%). Company insiders that own Entercom Communications stock include Andrew P Iv Sutor, David J Field, Eugene D Levin, Joseph M Field, Robert E Philips and Stephen F Fisher. View Institutional Ownership Trends for Entercom Communications.

Which institutional investors are selling Entercom Communications stock?

ETM stock was sold by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Emerald Advisers Inc. PA, Gilder Gagnon Howe & Co. LLC, FMR LLC, Harbor Spring Capital LLC, JPMorgan Chase & Co., BlackRock Inc. and Morgan Stanley. View Insider Buying and Selling for Entercom Communications.

Which institutional investors are buying Entercom Communications stock?

ETM stock was bought by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Capital World Investors, Vanguard Group Inc., Dimensional Fund Advisors LP, Point72 Asset Management L.P., Sessa Capital IM L.P., First Trust Advisors LP and Mork Capital Management LLC. 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 $6.47.

How big of a company is Entercom Communications?

Entercom Communications has a market capitalization of $920.71 million 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.

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:  164 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  362
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 12/11/2018 by MarketBeat.com Staff

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