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

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

Entercom Communications declared a quarterly dividend on Friday, November 15th. Stockholders of record on Friday, November 29th will be given a dividend of $0.02 per share on Monday, December 16th. This represents a $0.08 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Wednesday, November 27th. View Entercom Communications' Dividend History.

Entercom Communications Corp. (NYSE:ETM) announced its quarterly earnings results on Friday, November, 8th. The company reported $0.28 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.04. The business earned $386.14 million during the quarter, compared to the consensus estimate of $381 million. Entercom Communications had a negative net margin of 21.49% and a positive return on equity of 8.73%. View Entercom Communications' Earnings History.

Entercom Communications is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Entercom Communications.

2 analysts have issued 12-month price targets for Entercom Communications' stock. Their forecasts range from $4.00 to $6.00. On average, they expect Entercom Communications' share price to reach $5.00 in the next twelve months. This suggests a possible upside of 6.6% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Entercom Communications.

News articles about ETM stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Entercom Communications earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Entercom Communications.

Entercom Communications saw a decrease in short interest in December. As of December 31st, there was short interest totalling 13,100,000 shares, a decrease of 10.2% from the December 15th total of 14,590,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is currently 12.7 days. Currently, 11.2% of the company's shares 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), Entravision Communication (EVC), Saga Communications (SGA), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Entercom Communications investors own include Energy Transfer LP Unit (ET), AbbVie (ABBV), General Electric (GE), AT&T (T), Advanced Micro Devices (AMD), Bank of America (BAC), Kinder Morgan (KMI), QUALCOMM (QCOM), Enterprise Products Partners (EPD) and Pfizer (PFE).

Entercom Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Marathon Asset Management LLP (3.52%), Nisa Investment Advisors LLC (0.05%), Tocqueville Asset Management L.P. (0.03%) and Alpine Global Management LLC (0.02%). Company insiders that own Entercom Communications stock include David J Field, Eugene D Levin, Joseph M Field, Richard J Schmaeling, Robert E Philips 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, Nisa Investment Advisors LLC and Tocqueville Asset Management L.P.. View Insider Buying and Selling for Entercom Communications.

ETM stock was acquired by a variety of institutional investors in the last quarter, including Alpine Global Management LLC. Company insiders that have bought Entercom Communications stock in the last two years include David J Field, Joseph M Field, Richard J Schmaeling, Robert E Philips and Susan K Neely. 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, Robinhood, Fidelity and Charles Schwab.

One share of ETM stock can currently be purchased for approximately $4.69.

Entercom Communications has a market capitalization of $645.48 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.View Additional Information About Entercom Communications.

The official website for Entercom Communications is http://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.