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
Industry Radio broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
Phone203-861-0900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$507.43 million
Profitability
Miscellaneous
Employees2,900
OptionableOptionable
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, November 7th. Stockholders of record on Thursday, December 27th will be paid a dividend of $0.075 per share on Friday, February 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date of this dividend is Wednesday, December 26th. View Townsquare Media's Dividend History.
How were Townsquare Media's earnings last quarter?
Townsquare Media Inc (NYSE:TSQ) released its quarterly earnings results on Tuesday, November, 6th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.01. The firm had revenue of $114.07 million for the quarter, compared to analyst estimates of $112.59 million. Townsquare Media had a negative net margin of 9.68% and a positive return on equity of 6.11%. View Townsquare Media's Earnings History.
When is Townsquare Media's next earnings date?
What price target have analysts set for TSQ?
3 analysts have issued 1 year target prices for Townsquare Media's stock. Their forecasts range from $9.00 to $11.00. On average, they anticipate Townsquare Media's share price to reach $10.00 in the next year. This suggests a possible upside of 71.5% from the stock's current price. View Analyst Price Targets for Townsquare Media.
What is the consensus analysts' recommendation for Townsquare Media?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Townsquare Media in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Townsquare Media.
Has Townsquare Media been receiving favorable news coverage?
Media stories about TSQ stock have trended neutral recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news 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 media sentiment score of 0.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
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)
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 $5.83.
How big of a company is Townsquare Media?
Townsquare Media has a market capitalization of $110.44 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.
What is Townsquare Media's official website?
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.
