Townsquare Media, Inc. is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company's Local Advertising segment offers broadcast, digital and mobile advertising within its local markets. The Company's Live Events segment consists of a range of live events, which the Company creates, promotes and produces, including music concerts, multi-day music festivals, fairs, consumer expositions and trade shows, athletic events, lifestyle events and other forms of entertainment. The Company reports the remainder of its business in its Other Media and Entertainment category, which principally provides digital marketing solutions, e-commerce solutions and digital advertising services nationally. The Company's assets include radio stations, live events, and digital, mobile, video and social media properties.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Radio Broadcasting
- Sub-Industry: N/A
- Symbol: NYSE:TSQ
- CUSIP: N/A
- Web: www.townsquaremedia.com
Capitalization:- Market Cap: $185.89 million
- Outstanding Shares: 18,478,000
Average Prices:- 50 Day Moving Avg: $10.11
- 200 Day Moving Avg: $10.75
- 52 Week Range: $8.12 - $13.01
P/E:- Trailing P/E Ratio: 13.32
- Foreward P/E Ratio: 8.90
- P/E Growth: 0.88
Sales & Book Value:- Annual Revenue: $514.36 million
- Price / Sales: 0.36
- Book Value: $21.26 per share
- Price / Book: 0.47
Profitability:- EBIDTA: $104.16 million
- Net Margins: 4.11%
- Return on Equity: 6.85%
- Return on Assets: 2.48%
Debt:- Debt-to-Equity Ratio: 1.43%
- Current Ratio: 2.02%
- Quick Ratio: 2.02%
Misc:- Average Volume: 58,712 shs.
- Beta: 1.74
- Short Ratio: 1.5
Frequently Asked Questions for Townsquare Media (NYSE:TSQ)
What is Townsquare Media's stock symbol?
Townsquare Media trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSQ."
How were Townsquare Media's earnings last quarter?
Townsquare Media, Inc. (NYSE:TSQ) announced its earnings results on Wednesday, August, 9th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.01. The company earned $140.66 million during the quarter, compared to the consensus estimate of $141.49 million. Townsquare Media had a net margin of 4.11% and a return on equity of 6.85%. View Townsquare Media's Earnings History.
Where is Townsquare Media's stock going? Where will Townsquare Media's stock price be in 2017?
4 brokerages have issued 12 month price targets for Townsquare Media's shares. Their forecasts range from $13.00 to $13.00. On average, they anticipate Townsquare Media's stock price to reach $13.00 in the next twelve months. View Analyst Ratings for Townsquare Media.
What are analysts saying about Townsquare Media stock?
Here are some recent quotes from research analysts about Townsquare Media stock:
- 1. According to Zacks Investment Research, "Townsquare Media, Inc. is a local media and entertainment company. It owns and operates radio, digital and live event properties in small to mid-sized markets across the country. Townsquare Media specializes in creating and distributing original entertainment, music and lifestyle content. Its assets include radio stations, local companion websites, and a streaming radio App called radioPup for iOS and Android, and live events. The Company owns FM and AM radio stations in markets in Colorado, Illinois, Indiana, Kentucky, Louisiana, Michigan, Minnesota, New York, and Texas. Townsquare Media, Inc. is based in United States. " (8/12/2017)
- 2. Jefferies Group LLC analysts commented, "TSQ's 4Q rev/ EBITDA was slightly better than expectations, but the outlook for '17 EBITDA was slightly below our prior estimate. Big picture, we still expect LSD revenue growth, and flattish EBITDA in a non-political year - impressive vs. other local advertisers in this market - reinforcing the local market thesis. Maintain Buy." (3/14/2017)
Who are some of Townsquare Media's key competitors?
Some companies that are related to Townsquare Media include Reading International (RDI), MCBC Holdings (MCFT), FTD Companies (FTD), Perry Ellis International (PERY), Civeo Corporation (CVEO), West Marine (WMAR), American Public Education (APEI), Iconix Brand Group (ICON), Barnes & Noble Education (BNED), Weyco Group (WEYS), China Online Education Group (COE), Bridgepoint Education (BPI), Francesca's Holdings Corporation (FRAN), RCI Hospitality Holdings (RICK), Drive Shack (DS), Container Store (The) (TCS), Escalade, Incorporated (ESCA) and Red Lion Hotels Corporation (RLH).
Who are Townsquare Media's key executives?
Townsquare Media's management team includes the folowing people:
- Steven Price, Chairman of the Board, Chief Executive Officer
- Stuart B. Rosenstein, Chief Financial Officer, Executive Vice President
- Scott Schatz, Executive Vice President - Finance Operations and Technology
- Christopher Alan Kitchen, Executive Vice President, General Counsel
- Erik Hellum, Executive Vice President
- Michael W. Josephs, Executive Vice President Business Development and Mergers & Acquisitions
- Dhruv A. Prasad, Executive Vice President, Live Events
- Mark Stewart, Executive Vice President, Chief Strategic Officer
- Bill Wilson, Executive Vice President, Chief Content and Digital Officer
- Claire Marie Yenicay, Executive Vice President Finance, Operations, and Technology
Who owns Townsquare Media stock?
Townsquare Media's stock is owned by many different of institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (2.14%), Vanguard Group Inc. (1.84%), Russell Investments Group Ltd. (1.77%), Boston Partners (1.24%), Northern Trust Corp (1.15%) and Dimensional Fund Advisors LP (0.99%). View Institutional Ownership Trends for Townsquare Media.
Who sold Townsquare Media stock? Who is selling Townsquare Media stock?
Townsquare Media's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Wells Fargo & Company MN, Vanguard Group Inc., OxFORD Asset Management LLP, American Century Companies Inc., TIAA CREF Investment Management LLC, Arrowstreet Capital Limited Partnership and Royal Bank of Canada. View Insider Buying and Selling for Townsquare Media.
Who bought Townsquare Media stock? Who is buying Townsquare Media stock?
Townsquare Media's stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Northern Trust Corp, Dimensional Fund Advisors LP, Numeric Investors LLC, Beck Mack & Oliver LLC, JPMorgan Chase & Co., Chicago Equity Partners LLC and Algert Global LLC. View Insider Buying and Selling for Townsquare Media.
How do I buy Townsquare Media stock?
Shares of Townsquare Media can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Townsquare Media's stock price today?
One share of Townsquare Media stock can currently be purchased for approximately $10.06.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Townsquare Media (NYSE:TSQ) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.75) |
| Consensus Price Target: | $13.00 (29.22% upside) |
Analysts' Ratings History for Townsquare Media (NYSE:TSQ)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/12/2017 | Jefferies Group LLC | Reiterated Rating | Buy | $13.00 | Medium |  |
| 8/11/2017 | Noble Financial | Reiterated Rating | Buy | | High | |
| 7/18/2017 | Royal Bank Of Canada | Set Price Target | Buy | $13.00 | Low | |
| 1/3/2017 | Barrington Research | Downgrade | Outperform -> Market Perform | | N/A | |
| 5/23/2016 | Macquarie | Downgrade | Outperform -> Neutral | $12.00 -> $9.00 | N/A | |
| 12/13/2015 | Stephens | Initiated Coverage | Buy | | N/A | |
(Data available from 9/25/2015 forward)
Earnings History for Townsquare Media (NYSE:TSQ)Earnings History by Quarter for Townsquare Media (NYSE TSQ)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/9/2017 | Q2 2017 | $0.22 | $0.21 | $141.49 million | $140.66 million | View | Listen | |
| 5/9/2017 | Q1 2017 | ($0.13) | ($0.16) | $88.90 million | $88.42 million | View | Listen | |
| 11/8/2016 | Q216 | $0.67 | $0.67 | $172.94 million | $165.80 million | View | Listen | |
| 8/4/2016 | Q116 | $0.23 | $0.20 | $140.08 million | $137.20 million | View | N/A | |
| 5/10/2016 | Q1 | ($0.08) | ($0.08) | $91.14 million | $94.43 million | View | Listen | |
| 2/26/2016 | Q415 | $0.16 | $0.13 | $109.32 million | $113.02 million | View | Listen | |
| 11/5/2015 | Q315 | $0.43 | $0.60 | $116.82 million | $129.60 million | View | N/A | |
| 8/5/2015 | Q215 | $0.34 | ($0.50) | $113.84 million | $117.50 million | View | N/A | |
| 4/6/2015 | | $0.02 | $0.63 | | | View | N/A | |
| 3/16/2015 | | $0.23 | $0.78 | $93.07 million | $93.72 million | View | N/A | |
| 11/6/2014 | Q3 | $0.27 | ($1.17) | $95.36 million | $94.70 million | View | N/A | |
| 8/7/2014 | Q2 | | $0.43 | | $106.27 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Townsquare Media (NYSE:TSQ)2017 EPS Consensus Estimate: $1.00
2018 EPS Consensus Estimate: $1.19
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | ($0.10) | ($0.10) | ($0.10) |
| Q2 2017 | 2 | $0.21 | $0.32 | $0.27 |
| Q3 2017 | 2 | $0.59 | $0.59 | $0.59 |
| Q4 2017 | 2 | $0.24 | $0.25 | $0.25 |
| Q1 2018 | 2 | ($0.08) | $0.02 | ($0.03) |
| Q2 2018 | 2 | $0.22 | $0.24 | $0.23 |
| Q3 2018 | 2 | $0.64 | $0.65 | $0.65 |
| Q4 2018 | 2 | $0.28 | $0.40 | $0.34 |
| Q1 2019 | 1 | ($0.08) | ($0.08) | ($0.08) |
| Q2 2019 | 1 | $0.26 | $0.26 | $0.26 |
(Data provided by Zacks Investment Research)
Dividend History for Townsquare Media (NYSE:TSQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Townsquare Media (NYSE:TSQ)Insider Ownership Percentage: 25.70%
Institutional Ownership Percentage: 49.12%
Insider Trades by Quarter for Townsquare Media (NYSE:TSQ)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/16/2016 | Steven Price | Chairman | Buy | 50,000 | $7.20 | $360,000.00 | |
| 9/3/2015 | Bill Wilson | EVP | Buy | 1,000 | $11.25 | $11,250.00 | |
| 9/1/2015 | Stuart B. Rosenstein | CFO | Buy | 5,500 | $11.41 | $62,755.00 | |
| 8/25/2015 | Steven Price | CEO | Buy | 10,000 | $11.00 | $110,000.00 | |
| 1/29/2015 | Ronald Gordon Shenton | Insider | Sell | 5,000 | $0.10 | $500.00 | |
| 11/24/2014 | Ronald Gordon Shenton | Insider | Buy | 20,000 | $0.05 | $1,000.00 | |
| 11/7/2014 | Ronald Gordon Shenton | Insider | Buy | 38,000 | $0.03 | $950.00 | |
| 8/11/2014 | B James Ford | Director | Buy | 102,000 | $10.90 | $1,111,800.00 | |
| 7/31/2014 | Stephen A Kaplan | Director | Buy | 430,949 | $10.85 | $4,675,796.65 | |
| 7/30/2014 | Stephen A Kaplan | Director | Buy | 929,900 | $10.71 | $9,959,229.00 | |
| 7/29/2014 | David Lebow | Director | Buy | 6,700 | $11.00 | $73,700.00 | |
| 7/25/2014 | Stephen A Kaplan | Director | Buy | 132,375 | $10.46 | $1,384,642.50 | |
| 7/25/2014 | Steven Price | Major Shareholder | Buy | 50,737 | $10.10 | $512,443.70 | |
| 7/24/2014 | Steven Price | Major Shareholder | Buy | 50,000 | $10.10 | $505,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Townsquare Media (NYSE:TSQ)
Latest Headlines for Townsquare Media (NYSE:TSQ)
| Source: |
|
| Date | Headline |
|---|
 | $168.49 Million in Sales Expected for Townsquare Media, Inc. (TSQ) This Quarter
www.americanbankingnews.com - September 23 at 6:00 AM |
| Zacks: Brokerages Anticipate Townsquare Media, Inc. (TSQ) Will Announce Earnings of $0.63 Per Share
www.americanbankingnews.com - September 21 at 6:18 PM |
| Brokerages Expect Townsquare Media, Inc. (TSQ) Will Post Quarterly Sales of $168.49 Million
www.americanbankingnews.com - September 5 at 3:24 PM |
| Zacks: Analysts Anticipate Townsquare Media, Inc. (TSQ) to Announce $0.63 EPS
www.americanbankingnews.com - September 3 at 2:12 AM |
| Townsquare Media (TSQ) versus Salem Media Group (SALM) Financial Analysis
www.americanbankingnews.com - September 2 at 10:24 PM |
| Townsquare Media, Inc. (TSQ) Expected to Post FY2017 Earnings of $0.95 Per Share
www.americanbankingnews.com - August 17 at 8:38 AM |
| Zacks: Brokerages Expect Townsquare Media, Inc. (TSQ) Will Announce Quarterly Sales of $169.28 Million
www.americanbankingnews.com - August 17 at 5:14 AM |
| Townsquare Media, Inc. to Post Q3 2017 Earnings of $0.59 Per Share, Barrington Research Forecasts (TSQ)
www.americanbankingnews.com - August 16 at 6:26 AM |
| Q3 2017 EPS Estimates for Townsquare Media, Inc. Lowered by Analyst (TSQ)
www.americanbankingnews.com - August 14 at 1:22 AM |
| Townsquare Media, Inc. (TSQ) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - August 12 at 5:08 PM |
| Townsquare Media's (NYSE:TSQ) Buy Rating Reaffirmed at Noble Financial
www.americanbankingnews.com - August 12 at 1:08 PM |
| Salem Media Group (SALM) and Townsquare Media (TSQ) Critical Survey
www.americanbankingnews.com - August 12 at 11:14 AM |
| Research Analysts Issue Forecasts for Townsquare Media, Inc.'s Q4 2017 Earnings (NYSE:TSQ)
www.americanbankingnews.com - August 11 at 12:36 PM |
 | Townsquare Media, Inc. :TSQ-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 9:04 AM |
| Edited Transcript of TSQ earnings conference call or presentation 9-Aug-17 12:00pm GMT
finance.yahoo.com - August 11 at 9:04 AM |
| Townsquare Media, Inc. (NYSE:TSQ) Issues Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - August 10 at 2:50 PM |
| Investor Network: Townsquare Media, Inc. to Host Earnings Call
finance.yahoo.com - August 9 at 8:33 AM |
| Townsquare Reports Second Quarter 2017 Results
finance.yahoo.com - August 9 at 8:33 AM |
| Townsquare meets 2Q profit forecasts
finance.yahoo.com - August 9 at 8:33 AM |
| Townsquare Media, Inc. (TSQ) Expected to Post Quarterly Sales of $141.49 Million
www.americanbankingnews.com - July 30 at 7:44 AM |
| Brokerages Expect Townsquare Media, Inc. (TSQ) to Announce $0.21 Earnings Per Share
www.americanbankingnews.com - July 28 at 10:30 AM |
| Townsquare Announces Conference Call To Discuss Second Quarter 2017 Results
finance.yahoo.com - July 27 at 8:38 AM |
| Townsquare Media, Inc. (NYSE:TSQ) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 19 at 5:34 PM |
| Townsquare Media, Inc. (TSQ) PT Set at $13.00 by Royal Bank Of Canada
www.americanbankingnews.com - July 18 at 5:30 PM |
| Townsquare Announces Acquisition Of 6 Radio Stations
finance.yahoo.com - July 8 at 2:54 PM |
| $141.49 Million in Sales Expected for Townsquare Media, Inc. (NYSE:TSQ) This Quarter
www.americanbankingnews.com - July 6 at 1:20 PM |
| Comparing Townsquare Media (TSQ) & Cumulus Media (CMLS)
www.americanbankingnews.com - July 6 at 10:08 AM |
| Zacks: Analysts Expect Townsquare Media, Inc. (TSQ) to Announce $0.21 Earnings Per Share
www.americanbankingnews.com - July 4 at 7:30 AM |
| Pandora Media (P) and Townsquare Media (TSQ) Critical Contrast
www.americanbankingnews.com - June 16 at 8:25 AM |
| Brokerages Expect Townsquare Media Inc (TSQ) Will Post Quarterly Sales of $141.49 Million
www.americanbankingnews.com - June 10 at 10:28 AM |
| Is Townsquare Media (TSQ) a Great Stock for Value Investors?
finance.yahoo.com - June 8 at 4:04 PM |
| $0.21 EPS Expected for Townsquare Media Inc (TSQ) This Quarter
www.americanbankingnews.com - June 8 at 7:46 AM |
| Analyzing Townsquare Media (TSQ) & Entercom Communications Corp. (ETM)
www.americanbankingnews.com - June 6 at 7:26 AM |
| ETFs with exposure to Townsquare Media, Inc. : May 18, 2017
finance.yahoo.com - May 19 at 1:20 PM |
| Brokers Set Expectations for Townsquare Media Inc's Q3 2017 Earnings (TSQ)
www.americanbankingnews.com - May 19 at 7:28 AM |
| Research Analysts Offer Predictions for Townsquare Media Inc's Q2 2017 Earnings (TSQ)
www.americanbankingnews.com - May 18 at 7:54 AM |
| Townsquare Media, Inc. :TSQ-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017
finance.yahoo.com - May 16 at 8:29 PM |
| Brokerages Expect Townsquare Media Inc (TSQ) to Announce $0.26 Earnings Per Share
www.americanbankingnews.com - May 12 at 8:14 AM |
| Research Analysts Set Expectations for Townsquare Media Inc's Q2 2017 Earnings (TSQ)
www.americanbankingnews.com - May 11 at 7:35 AM |
| Townsquare Media Inc (TSQ) Releases Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - May 10 at 4:16 PM |
| Townsquare Media Inc (TSQ) to Post FY2018 Earnings of $1.15 Per Share, Jefferies Group Forecasts
www.americanbankingnews.com - May 10 at 2:10 PM |
| Edited Transcript of TSQ earnings conference call or presentation 9-May-17 12:00pm GMT
finance.yahoo.com - May 10 at 10:13 AM |
 | Townsquare reports 1Q loss
marketbeat.com - May 9 at 8:59 AM |
| Townsquare Media Inc (TSQ) to Release Earnings on Monday
www.americanbankingnews.com - May 6 at 7:12 AM |
| Townsquare Media (TSQ) Receives News Impact Score of 0.28
www.americanbankingnews.com - April 27 at 1:05 PM |
| Townsquare Announces Conference Call To Discuss First Quarter 2017 Results
finance.yahoo.com - April 25 at 7:17 PM |
| Somewhat Critical News Coverage Somewhat Likely to Affect Townsquare Media (TSQ) Stock Price
www.americanbankingnews.com - April 24 at 2:18 PM |
| Townsquare Media Inc (TSQ) Expected to Announce Quarterly Sales of $88.9 Million
www.americanbankingnews.com - April 23 at 9:30 AM |
| Zacks: Brokerages Anticipate Townsquare Media Inc (TSQ) to Post -$0.09 Earnings Per Share
www.americanbankingnews.com - April 21 at 11:22 AM |
| ETFs with exposure to Townsquare Media, Inc. : April 19, 2017
finance.yahoo.com - April 19 at 10:40 PM |
Townsquare Media (TSQ) Chart for Monday, September, 25, 2017
