NYSE:TSQTownsquare Media Stock Price, Forecast & News

$4.37

+0.02 (+0.46 %)

(As of 05/29/2020 01:29 PM ET)

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Today's Range

$4.36

Now: $4.37▼

$4.47

50-Day Range

$4.20

MA: $4.40▼

$5.15

52-Week Range

$3.54

Now: $4.37▼

$10.34

Volume199 shs

Average Volume26,583 shs

Market Capitalization$82.77 million

P/E RatioN/A

Dividend Yield5.83%

Beta1.98

Townsquare Media, Inc. operates as a radio, digital media, entertainment, and digital marketing solutions company in small and mid-sized markets. The company provides advertising and marketing 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 March 12, 2019, the company owned and operated 321 radio stations and approximately 330 Websites in 67 markets in the United States. It also creates, promotes, and produces live events, including festivals, fairs, concerts, expositions, and other experiential events. The company offers digital advertising services, as well as owns a proprietary digital programmatic advertising platform. 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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Townsquare Media has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.50, Townsquare Media has a potential upside of 163.2% from its current price of $4.37.
Amount of Analyst Coverage
Townsquare Media has only been the subject of 1 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Townsquare Media has received 226 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Townsquare Media has received 212 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Townsquare Media has received 51.60% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
Townsquare Media is a leading dividend payer. It pays a dividend yield of 5.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Townsquare Media does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Townsquare Media will have a dividend payout ratio of 40.00 % next year. This indicates that Townsquare Media will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Townsquare Media insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 24.80% of the stock of Townsquare Media is held by insiders.
Percentage Held by Institutions
44.61% of the stock of Townsquare Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Townsquare Media are expected to grow in the coming year, from ($0.30) to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Townsquare Media is -48.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Townsquare Media is -48.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Townsquare Media has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.12 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Radio broadcasting stations

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:TSQ

Previous Symbol

CUSIPN/A

CIK1499832

Webwww.townsquaremedia.com

Phone203-861-0900

Debt

Debt-to-Equity Ratio1.71

Current Ratio2.52

Quick Ratio2.52

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$430.60 million

Price / Sales0.19

Cash Flow$3.80 per share

Price / Cash Flow1.15

Book Value$18.49 per share

Price / Book0.24

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-31,580,000.00

Net Margins-0.72%

Return on Equity8.23%

Return on Assets2.79%

Miscellaneous

Employees2,821

Outstanding Shares18,940,000

Market Cap$82.77 million

Next Earnings Date6/15/2020 (Confirmed)

OptionableOptionable

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Townsquare Media (NYSE:TSQ) Frequently Asked Questions

How has Townsquare Media's stock been impacted by COVID-19 (Coronavirus)?

Townsquare Media's stock was trading at $5.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TSQ shares have decreased by 26.4% and is now trading at $4.37. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Townsquare Media?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Townsquare Media 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 Townsquare Media.

When is Townsquare Media's next earnings date?

Townsquare Media is scheduled to release its next quarterly earnings announcement on Monday, June 15th 2020. View our earnings forecast for Townsquare Media.

How can I listen to Townsquare Media's earnings call?

Townsquare Media will be holding an earnings conference call on Monday, June 15th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Townsquare Media's earnings last quarter?

Townsquare Media Inc (NYSE:TSQ) posted its quarterly earnings data on Tuesday, November, 5th. The company reported $0.33 EPS for the quarter, hitting analysts' consensus estimates of $0.33. The firm earned $112.56 million during the quarter, compared to analysts' expectations of $109.30 million. Townsquare Media had a negative net margin of 0.72% and a positive return on equity of 8.23%. View Townsquare Media's earnings history.

How often does Townsquare Media pay dividends? What is the dividend yield for Townsquare Media?

Townsquare Media announced a quarterly dividend on Tuesday, March 17th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.075 per share on Friday, May 15th. This represents a $0.30 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend is Wednesday, April 1st. View Townsquare Media's dividend history.

What guidance has Townsquare Media issued on next quarter's earnings?

Townsquare Media updated its first quarter 2020 Pre-Market earnings guidance on Monday, March, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $93.9-94.8 million, compared to the consensus revenue estimate of $97.85 million.

What price target have analysts set for TSQ?

2 analysts have issued twelve-month price targets for Townsquare Media's shares. Their forecasts range from $11.00 to $12.00. On average, they anticipate Townsquare Media's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 163.2% from the stock's current price. View analysts' price targets for Townsquare Media.

Has Townsquare Media been receiving favorable news coverage?

Media headlines about TSQ stock have trended positive on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Townsquare Media earned a news impact score of 2.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near term. View the latest news aboutTownsquare Media.

Are investors shorting Townsquare Media?

Townsquare Media saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 67,900 shares, an increase of 36.6% from the April 30th total of 49,700 shares. Based on an average daily volume of 38,200 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.7% of the company's shares are sold short. View Townsquare Media's Current Options Chain.

Who are some of Townsquare Media's key competitors?

Some companies that are related to Townsquare Media include Entercom Communications (ETM), Cumulus Media (CMLS), iHeartMedia (IHRTQ), Beasley Broadcast Group (BBGI), Akazoo (SONG), Urban One (UONE), Urban One (UONEK), MODERN MEDIA AC/SH SH (MMDM), Salem Media Group (SALM), Emmis Communications (EMMS), Spanish Broadcasting System (SBSAA) and CUR Media (CURM). View all competitors.

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 LP Unit (ET), Ford Motor (F), Pfizer (PFE), CBL & Associates Properties (CBL), Enterprise Products Partners (EPD), Hanesbrands (HBI), ANNALY CAP MGMT/SH (NLY), Oasis Petroleum (OAS), Cornerstone Total Return Fund (CRF) and Centurylink (CTL).

Who are Townsquare Media's key executives?

Townsquare Media's management team includes the following people:

Mr. Steven Price, Exec. Chairman (Age 58)
Mr. Bill Wilson, CEO & Director (Age 51)
Mr. Stuart B. Rosenstein CPA, Exec. VP & CFO (Age 58)
Mr. Erik Hellum, Exec. VP & COO of Local Media (Age 54)
Mr. Scott Schatz, Exec. VP of Fin., Operations & Technology (Age 40)

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 many different retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (1.47%), BlackRock Inc. (0.63%), Shufro Rose & Co. LLC (0.56%), Bank of New York Mellon Corp (0.48%), RBF Capital LLC (0.31%) and Morgan Stanley (0.21%). Company insiders that own Townsquare Media stock include David Lebow, Dhruv Prasad, Erik Hellum, Scott Schatz and Stephen A Kaplan. View institutional ownership trends for Townsquare Media.

Which major investors are selling Townsquare Media stock?

TSQ stock was sold by a variety of institutional investors in the last quarter, including Beck Mack & Oliver LLC, RBF Capital LLC, Morgan Stanley, Two Sigma Investments LP, Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Boyar Asset Management Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for Townsquare Media.

Which major investors are buying Townsquare Media stock?

TSQ stock was bought by a variety of institutional investors in the last quarter, including Hancock Whitney Corp, Shufro Rose & Co. LLC, and BlackRock Inc.. Company insiders that have bought Townsquare Media stock in the last two years include Dhruv Prasad, Erik Hellum, Scott Schatz, and Stephen A Kaplan. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Townsquare Media's stock price today?

One share of TSQ stock can currently be purchased for approximately $4.37.

How big of a company is Townsquare Media?

Townsquare Media has a market capitalization of $82.77 million and generates $430.60 million in revenue each year. Townsquare Media employs 2,821 workers across the globe.

What is Townsquare Media's official website?

The official website for Townsquare Media is www.townsquaremedia.com.

How can I contact Townsquare Media?

Townsquare Media's mailing address is ONE MANHATTANVILLE ROAD SUITE 202, PURCHASE NY, 10577. The company can be reached via phone at 203-861-0900 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff