NYSE:TSQ Townsquare Media (TSQ) Stock Forecast, Price & News $10.11 +0.47 (+4.88%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$9.43▼$10.2150-Day Range$8.00▼$10.1152-Week Range$7.05▼$10.54Volume86,313 shsAverage Volume31,016 shsMarket Capitalization$176.93 millionP/E Ratio23.51Dividend Yield7.42%Price Target$15.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Townsquare Media MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside53.3% Upside$15.50 Price TargetShort InterestHealthy0.53% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth46.83%From $1.26 to $1.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.34 out of 5 starsConsumer Discretionary Sector3rd out of 546 stocksRadio Broadcasting Stations Industry1st out of 20 stocks 3.5 Analyst's Opinion Consensus RatingTownsquare Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.50, Townsquare Media has a forecasted upside of 53.3% from its current price of $10.11.Amount of Analyst CoverageTownsquare Media has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.53% of the float of Townsquare Media has been sold short.Short Interest Ratio / Days to CoverTownsquare Media has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Townsquare Media has recently decreased by 1.92%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipTownsquare Media is a leading dividend payer. It pays a dividend yield of 8.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTownsquare Media does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Townsquare Media is 174.42%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Townsquare Media will have a dividend payout ratio of 40.54% next year. This indicates that Townsquare Media will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSQ. Previous Next 3.0 News and Social Media Coverage News SentimentTownsquare Media has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Townsquare Media this week, compared to 1 article on an average week.Search Interest6 people have searched for TSQ on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Townsquare Media to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Townsquare Media insiders have not sold or bought any company stock.Percentage Held by Insiders30.50% of the stock of Townsquare Media is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions48.13% of the stock of Townsquare Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Townsquare Media are expected to grow by 46.83% in the coming year, from $1.26 to $1.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Townsquare Media is 23.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Townsquare Media is 23.51, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.22.Price to Earnings Growth RatioTownsquare Media has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTownsquare Media has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Townsquare Media (NYSE:TSQ) StockTownsquare Media, Inc. is a community-focused digital media, digital marketing solutions and radio company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The firm creates and distributes original entertainment, music and lifestyle content. It operates through the following business segments: Advertising, Townsquare Interactive, and Live Events. The Advertising segment includes broadcast and digital advertising products and solutions. The Townsquare Interactive segment is involved in the results of its digital marketing solutions business. The Live Events segment is comprised of concerts, expositions and other experiential events. The company was founded by Alexander Berkett, Steven Price, Scott Schatz and Stuart B. Rosenstein in 1994 and is headquartered in Purchase, NY.Read More Receive TSQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Townsquare Media and its competitors with MarketBeat's FREE daily newsletter. Email Address TSQ Stock News HeadlinesMay 26, 2023 | msn.comBarrington Research Reiterates Townsquare Media Inc - (TSQ) Outperform RecommendationMay 25, 2023 | finance.yahoo.comTSQ - Townsquare Media, Inc.June 2, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.May 21, 2023 | americanbankingnews.comTownsquare Media (NYSE:TSQ) Research Coverage Started at StockNews.comMay 16, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Services Stocks: Townsquare Media (TSQ), Aristocrat Leisure Limited (ARLUF)May 12, 2023 | marketwatch.com8-K: Townsquare Media, Inc.May 12, 2023 | msn.comTownsquare Media Inc - (TSQ) Declares $0.19 DividendMay 10, 2023 | msn.comTownsquare Media: Q1 Earnings InsightsJune 2, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.May 10, 2023 | finance.yahoo.comTOWNSQUARE ANNOUNCES FIRST QUARTER RESULTS WHICH DEMONSTRATE ONGOING STRENGTH OF ITS DIGITAL FIRST STRATEGYMay 10, 2023 | finance.yahoo.comTownsquare Media (TSQ) Q1 Earnings and Revenues Beat EstimatesMay 8, 2023 | americanbankingnews.comTownsquare Media (TSQ) to Release Quarterly Earnings on WednesdayMay 5, 2023 | morningstar.comTownsquare Media Inc Class AApril 26, 2023 | finance.yahoo.comTOWNSQUARE ANNOUNCES PARTICIPATION IN THE CHANNELCHEK TAKEAWAY SERIESApril 21, 2023 | seekingalpha.comTSQ Townsquare Media, Inc.April 19, 2023 | finance.yahoo.comTOWNSQUARE ANNOUNCES CONFERENCE CALL TO DISCUSS FIRST QUARTER 2023 RESULTSApril 16, 2023 | americanbankingnews.comTownsquare Media (NYSE:TSQ) Stock Price Passes Above 50-Day Moving Average of $7.84April 4, 2023 | finance.yahoo.comTownsquare Media (NYSE:TSQ) shareholders have earned a 27% CAGR over the last three yearsApril 4, 2023 | finance.yahoo.comImplied Volatility Surging for Townsquare Media (TSQ) Stock OptionsMarch 22, 2023 | americanbankingnews.comTownsquare Media, Inc. (TSQ) To Go Ex-Dividend on March 24thMarch 21, 2023 | msn.comTownsquare Media's Ex-Dividend Date Is Friday, Here's What You Need To KnowMarch 19, 2023 | finance.yahoo.comFour Days Left To Buy Townsquare Media, Inc. (NYSE:TSQ) Before The Ex-Dividend DateMarch 13, 2023 | finance.yahoo.comTownsquare Media, Inc. (NYSE:TSQ) Q4 2022 Earnings Call TranscriptMarch 11, 2023 | msn.comTownsquare Media (TSQ) Declares $0.19 DividendMarch 10, 2023 | finance.yahoo.comQ4 2022 Townsquare Media Inc Earnings CallMarch 9, 2023 | finanznachrichten.deTownsquare Media, Inc.: Townsquare Reports All-time High Net Revenue And Adjusted Ebitda In 2022March 9, 2023 | msn.comTownsquare Media Non-GAAP EPS of $0.66 beats by $0.17, revenue of $120.28M beats by $2.46MSee More Headlines TSQ Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSQ Company Calendar Last Earnings3/09/2023Ex-Dividend for 5/1 Dividend3/24/2023Dividend Payable5/01/2023Today6/01/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Radio broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:TSQ CUSIPN/A CIK1499832 Webwww.townsquaremedia.com Phone(230) 861-0900Fax203-861-0920Employees2,442Year Founded2010Price Target and Rating Average Stock Price Forecast$15.50 High Stock Price Forecast$17.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+53.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.43 Trailing P/E Ratio23.51 Forward P/E Ratio8.02 P/E Growth0.6Net Income$12.34 million Net Margins1.65% Pretax Margin1.31% Return on Equity53.66% Return on Assets4.69% Debt Debt-to-Equity Ratio7.77 Current Ratio1.72 Quick Ratio1.72 Sales & Book Value Annual Sales$463.08 million Price / Sales0.38 Cash Flow$4.84 per share Price / Cash Flow2.09 Book Value$3.77 per share Price / Book2.68Miscellaneous Outstanding Shares17,500,000Free Float12,163,000Market Cap$176.93 million OptionableOptionable Beta1.59 Social Links Key ExecutivesBill WilsonChief Executive Officer & DirectorScott SchatzExecutive VP-Finance, Operations & TechnologyStuart B. RosensteinChief Financial Officer & Executive Vice PresidentRobert L. WorshekChief Accounting Officer & Senior Vice PresidentAllison ZolotSenior Vice President & General CounselKey CompetitorsSaga CommunicationsNASDAQ:SGACumulus MediaNASDAQ:CMLSUrban OneNASDAQ:UONEKUrban OneNASDAQ:UONEiHeartMediaNASDAQ:IHRTView All CompetitorsInstitutional OwnershipBeck Mack & Oliver LLCBought 23,249 shares on 5/16/2023Ownership: 3.953%Geode Capital Management LLCBought 31,703 shares on 5/16/2023Ownership: 0.687%Ancora Advisors LLCSold 24,020 shares on 5/16/2023Ownership: 0.138%Jane Street Group LLCBought 17,420 shares on 5/16/2023Ownership: 0.101%Two Sigma Investments LPSold 2,500 shares on 5/15/2023Ownership: 0.177%View All Institutional Transactions TSQ Stock - Frequently Asked Questions Should I buy or sell Townsquare Media stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Townsquare Media in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSQ shares. View TSQ analyst ratings or view top-rated stocks. What is Townsquare Media's stock price forecast for 2023? 1 equities research analysts have issued 1 year price objectives for Townsquare Media's shares. Their TSQ share price forecasts range from $14.00 to $17.00. On average, they anticipate the company's stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price. View analysts price targets for TSQ or view top-rated stocks among Wall Street analysts. How have TSQ shares performed in 2023? Townsquare Media's stock was trading at $7.25 on January 1st, 2023. Since then, TSQ shares have increased by 39.4% and is now trading at $10.11. View the best growth stocks for 2023 here. Are investors shorting Townsquare Media? Townsquare Media saw a increase in short interest in April. As of April 30th, there was short interest totaling 57,300 shares, an increase of 39.1% from the April 15th total of 41,200 shares. Based on an average trading volume of 30,300 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the shares of the stock are short sold. View Townsquare Media's Short Interest. When is Townsquare Media's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our TSQ earnings forecast. How were Townsquare Media's earnings last quarter? Townsquare Media, Inc. (NYSE:TSQ) released its quarterly earnings results on Thursday, March, 9th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.14. The business had revenue of $120.28 million for the quarter, compared to analysts' expectations of $118.35 million. Townsquare Media had a net margin of 1.65% and a trailing twelve-month return on equity of 53.66%. How often does Townsquare Media pay dividends? What is the dividend yield for Townsquare Media? Townsquare Media announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Friday, June 30th will be given a dividend of $0.188 per share on Tuesday, August 1st. This represents a $0.75 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date of this dividend is Thursday, June 29th. This is a boost from the stock's previous quarterly dividend of $0.19. Read our dividend analysis for TSQ. Is Townsquare Media a good dividend stock? Townsquare Media (NYSE:TSQ) pays an annual dividend of $0.75 per share and currently has a dividend yield of 8.19%. TSQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 174.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TSQ will have a dividend payout ratio of 40.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TSQ. What guidance has Townsquare Media issued on next quarter's earnings? Townsquare Media updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120.00 million-$122.00 million, compared to the consensus revenue estimate of $122.35 million. What is Bill Wilson and Dhruv Prasad's approval rating as Townsquare Media's CEO? 45 employees have rated Townsquare Media Chief Executive Officer Bill Wilson and Dhruv Prasad on Glassdoor.com. Bill Wilson and Dhruv Prasad has an approval rating of 69% among the company's employees. What other stocks do shareholders of Townsquare Media own? Based on aggregate information from My MarketBeat watchlists, some companies that other Townsquare Media investors own include Energy Transfer (ET), Ford Motor (F), Pfizer (PFE), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), Hanesbrands (HBI), CBL & Associates Properties (CBL), Frontier Communications (FTR), Oasis Petroleum (OAS) and What is Townsquare Media's stock symbol? Townsquare Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSQ." Who are Townsquare Media's major shareholders? Townsquare Media's stock is owned by a variety of institutional and retail investors. Top institutional investors include American Century Companies Inc. (4.97%), Beck Mack & Oliver LLC (3.95%), Dimensional Fund Advisors LP (3.02%), Renaissance Technologies LLC (2.72%), Praetorian Capital Management LLC (2.40%) and Gamco Investors INC. ET AL (1.85%). Insiders that own company stock include David Quick and Scott Schatz. View institutional ownership trends. How do I buy shares of Townsquare Media? Shares of TSQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Townsquare Media's stock price today? One share of TSQ stock can currently be purchased for approximately $10.11. How much money does Townsquare Media make? Townsquare Media (NYSE:TSQ) has a market capitalization of $176.93 million and generates $463.08 million in revenue each year. The company earns $12.34 million in net income (profit) each year or $0.43 on an earnings per share basis. How many employees does Townsquare Media have? The company employs 2,442 workers across the globe. How can I contact Townsquare Media? Townsquare Media's mailing address is ONE MANHATTANVILLE ROAD SUITE 202, PURCHASE NY, 10577. The official website for the company is www.townsquaremedia.com. The company can be reached via phone at (230) 861-0900, via email at investors@townsquaremedia.com, or via fax at 203-861-0920. This page (NYSE:TSQ) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Townsquare Media, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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