Townsquare Media, Inc. operates as a radio, digital media, entertainment, and digital marketing solutions company in small and mid-sized markets. It operates through two segments, Local Marketing Solutions and Entertainment. The Local Marketing Solutions segment provides broadcast and digital solutions to advertisers and businesses through its radio stations, Websites, radio stations' online streams, and mobile applications. It also offers digital marketing solutions, such as traditional and mobile enabled Website development and hosting services, e-commerce platforms, search engine and online directory optimization services, online reputation management, and social media management services under the Townsquare Interactive brand; and e-commerce products to consumers and advertisers through its proprietary deal and auction platform. As of December 31, 2017, this segment owned and operated 317 radio stations and approximately 325 Websites in 67 markets in the United States. The Entertainment segment creates, promotes, and produces live events, including festivals, fairs, concerts, expositions, and other experiential events. This segment also offer event production services to third parties; and digital advertising services, as well as owns a proprietary ticketing platform. In addition, it owns and operates a portfolio of 9 music and entertainment based national Websites. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. was founded in 1996 and is headquartered in Greenwich, Connecticut.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Radio broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNYSE:TSQ
CUSIPN/A
Phone203-861-0900
Debt
Debt-to-Equity Ratio1.59
Current Ratio2.17
Quick Ratio2.17
Price-To-Earnings
Trailing P/E Ratio11.55
Forward P/E Ratio10.96
P/E Growth-3.35
Sales & Book Value
Annual Sales$507.43 million
Price / Sales0.32
Cash Flow$5.9375 per share
Price / Cash1.44
Book Value$20.63 per share
Price / Book0.41
Profitability
EPS (Most Recent Fiscal Year)$0.74
Net Income$-10,270,000.00
Net Margins-7.70%
Return on Equity7.07%
Return on Assets2.53%
Miscellaneous
Employees2,900
Outstanding Shares18,900,000
Market Cap$145.19 million
Townsquare Media (NYSE:TSQ) Frequently Asked Questions
What is Townsquare Media's stock symbol?
Townsquare Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSQ."
How often does Townsquare Media pay dividends? What is the dividend yield for Townsquare Media?
Townsquare Media declared a quarterly dividend on Wednesday, August 8th. Investors of record on Thursday, September 27th will be given a dividend of $0.075 per share on Thursday, November 15th. This represents a $0.30 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend is Wednesday, September 26th. View Townsquare Media's Dividend History.
How were Townsquare Media's earnings last quarter?
Townsquare Media Inc (NYSE:TSQ) announced its quarterly earnings data on Wednesday, August, 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.09. The firm had revenue of $119.58 million for the quarter, compared to analysts' expectations of $115.56 million. Townsquare Media had a positive return on equity of 7.07% and a negative net margin of 7.70%. View Townsquare Media's Earnings History.
When is Townsquare Media's next earnings date?
What price target have analysts set for TSQ?
6 brokerages have issued 12-month price targets for Townsquare Media's shares. Their forecasts range from $9.00 to $13.00. On average, they expect Townsquare Media's stock price to reach $10.60 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price. View Analyst Price Targets for Townsquare Media.
What is the consensus analysts' recommendation for Townsquare Media?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Townsquare Media in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Townsquare Media.
Who are some of Townsquare Media's key competitors?
Who are Townsquare Media's key executives?
Townsquare Media's management team includes the folowing people:
- Mr. Steven Price, Exec. Chairman (Age 57)
- Mr. Dhruv A. Prasad, Co-CEO & Director (Age 40)
- Mr. Bill Wilson, Co-CEO & Director (Age 50)
- Mr. Stuart B. Rosenstein CPA, Exec. VP & CFO (Age 57)
- Mr. Scott Schatz, Exec. VP of Fin., Operations & Technology (Age 39)
Has Townsquare Media been receiving favorable news coverage?
Media coverage about TSQ stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Townsquare Media earned a news impact score of 0.05 on Accern's scale. They also gave news articles about the company an impact score of 48.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Townsquare Media.
Who are Townsquare Media's major shareholders?
Townsquare Media's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.64%), Renaissance Technologies LLC (1.88%), American Century Companies Inc. (1.54%), Beck Mack & Oliver LLC (1.52%), Millennium Management LLC (1.37%) and Algert Global LLC (1.18%). Company insiders that own Townsquare Media stock include Dhruv Prasad, Erik Hellum and Scott Schatz. View Institutional Ownership Trends for Townsquare Media.
Which institutional investors are selling Townsquare Media stock?
TSQ stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Martingale Asset Management L P, Renaissance Technologies LLC, Algert Global LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Townsquare Media.
Which institutional investors are buying Townsquare Media stock?
TSQ stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Acadian Asset Management LLC, Dimensional Fund Advisors LP, Paloma Partners Management Co, Gamco Investors INC. ET AL, LMR Partners LLP, Teton Advisors Inc. and Beck Mack & Oliver LLC. Company insiders that have bought Townsquare Media stock in the last two years include Dhruv Prasad, Erik Hellum and Scott Schatz. View Insider Buying and Selling for Townsquare Media.
How do I buy shares of Townsquare Media?
Shares of TSQ 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 Townsquare Media's stock price today?
One share of TSQ stock can currently be purchased for approximately $8.55.
How big of a company is Townsquare Media?
Townsquare Media has a market capitalization of $145.19 million and generates $507.43 million in revenue each year. The company earns $-10,270,000.00 in net income (profit) each year or $0.74 on an earnings per share basis. Townsquare Media employs 2,900 workers across the globe.
How can I contact Townsquare Media?
Townsquare Media's mailing address is 240 GREENWICH AVENUE, GREENWICH CT, 06830. The company can be reached via phone at 203-861-0900 or via email at [email protected]
MarketBeat Community Rating for Townsquare Media (NYSE TSQ)
MarketBeat's community ratings are surveys of what our community members think about Townsquare Media and other stocks. Vote "Outperform" if you believe TSQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TSQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
