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: Cyclical Consumer Goods & Services
- Industry: Radio Broadcasting
- Sub-Industry: N/A
- Symbol: NYSE:TSQ
- CUSIP: N/A
- Web: www.townsquaremedia.com/
Capitalization:- Market Cap: $207.21 million
- Outstanding Shares: 18,468,000
Average Prices:- 50 Day Moving Avg: $10.34
- 200 Day Moving Avg: $10.86
- 52 Week Range: $7.78 - $13.01
P/E:- Trailing P/E Ratio: 14.42
- Foreward P/E Ratio: 8.77
- P/E Growth: 0.90
Sales & Book Value:- Annual Revenue: $510.85 million
- Price / Sales: 0.41
- Book Value: $20.97 per share
- Price / Book: 0.54
Profitability:- EBIDTA: $104.08 million
- Net Margins: -3.40%
- Return on Equity: -3.15%
- Return on Assets: -1.12%
Debt:- Debt-to-Equity Ratio: 1.45%
- Current Ratio: 1.79%
- Quick Ratio: 1.79%
Misc:- Average Volume: 62,676 shs.
- Beta: 1.7
- Short Ratio: 1.74
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 quarterly earnings data on Tuesday, May, 9th. The company reported ($0.16) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.13) by $0.03. The firm had revenue of $88.42 million for the quarter, compared to the consensus estimate of $88.90 million. Townsquare Media had a negative net margin of 3.40% and a negative return on equity of 3.15%. View Townsquare Media's Earnings History.
Where is Townsquare Media's stock going? Where will Townsquare Media's stock price be in 2017?
3 brokerages have issued 1-year price objectives for Townsquare Media's shares. Their predictions range from $13.00 to $13.00. On average, they expect Townsquare Media's stock price to reach $13.00 in the next year. 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. " (7/19/2017)
- 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 Netshoes (CAYMAN) Ltd (NETS), Punch Taverns plc (PUB), Iconix Brand Group (ICON), Martha Stewart Living Omnimedia (MSO), PPHE Hotel Group Ltd (PPH), Patisserie Holdings PLC (CAKE), Tarsus Group plc (TRS), Next Fifteen Communications Group plc (NFC), Carvana Co (CVNA), Global Eagle Entertainment (ENT), Telford Homes plc (TEF), Countryside Properties PLC (CSP), YouGov Plc (YOU), Trinity Mirror plc (TNI), XLMedia PLC (XLM), Quixant PLC (QXT), Low & Bonar plc (LWB) and Connect Group PLC (CNCT).
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
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 $11.22.
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, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $13.00 (15.86% upside) |
Analysts' Ratings History for Townsquare Media (NYSE:TSQ)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/18/2017 | Royal Bank Of Canada | Set Price Target | Buy | $13.00 | Low |  |
| 3/14/2017 | Jefferies Group LLC | Boost Price Target | Buy | $10.00 -> $13.00 | High | |
| 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 | |
| 11/8/2015 | Noble Financial | Reiterated Rating | Buy | $17.00 | N/A | |
(Data available from 7/21/2015 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 |
|---|
| 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: $1.05
2018 EPS Consensus Estimate: $1.27
| 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 | $0.68 | $0.70 | $0.69 |
| Q4 2017 | 2 | $0.19 | $0.20 | $0.20 |
| Q1 2018 | 2 | ($0.09) | $0.00 | ($0.05) |
| Q2 2018 | 2 | $0.24 | $0.24 | $0.24 |
| Q3 2018 | 2 | $0.74 | $0.76 | $0.75 |
| Q4 2018 | 2 | $0.24 | $0.40 | $0.32 |
| Q1 2019 | 1 | ($0.09) | ($0.09) | ($0.09) |
(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: 48.67%
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 |
|---|
 | 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 |
| Jefferies Group Weighs in on Townsquare Media Inc’s Q1 2017 Earnings (TSQ)
www.americanbankingnews.com - March 16 at 12:19 PM |
| Equities Analysts Issue Forecasts for Townsquare Media Inc’s Q1 2017 Earnings (TSQ)
www.americanbankingnews.com - March 16 at 12:19 PM |
| Townsquare Media Inc (TSQ) Price Target Raised to $13.00 at Jefferies Group LLC
www.americanbankingnews.com - March 14 at 9:27 PM |
| Q4 2016 Townsquare Media Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 13 at 7:55 PM |
| Is Townsquare Media a Great Stock for Value Investors?
finance.yahoo.com - March 9 at 8:38 PM |
| Townsquare Announces Conference Call To Discuss Fourth Quarter And Full Year 2016 Results; Presenting At Upcoming Investor Conference
finance.yahoo.com - February 21 at 4:36 PM |
| TOWNSQUARE MEDIA, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhib
biz.yahoo.com - February 15 at 6:38 AM |
 | 4:18 pm Townsquare Media successfully amends its senior secured credit agreement to reduce the applicable interest rate on its term loan facilities due April 2022
us.rd.yahoo.com - February 9 at 6:18 AM |
| Purcell Julie & Lefkowitz LLP Is Investigating Townsquare Media Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - January 30 at 10:52 AM |
| Townsquare Media downgraded by Barrington Research
us.rd.yahoo.com - January 4 at 7:18 AM |
| TOWNSQUARE MEDIA, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - September 12 at 7:18 PM |
| Townsquare Hires Scott Epstein To Lead Live Events Sponsorship Sales
finance.yahoo.com - September 8 at 11:42 AM |
| TOWNSQUARE MEDIA, INC. Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits
biz.yahoo.com - August 22 at 7:47 PM |
 | Townsquare Media (TSQ) Enters Alt. Lending Financing Collaboration with Lendio
www.streetinsider.com - July 21 at 8:16 PM |
| Townsquare Announces Conference Call To Discuss Second Quarter 2016 Results
finance.yahoo.com - July 21 at 4:30 PM |
| TOWNSQUARE MEDIA, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 31 at 3:01 PM |
| Townsquare Media downgraded by Macquarie
finance.yahoo.com - May 23 at 8:35 AM |
| Rocky Mountain High Brands, Inc. (RMHB) Beverages Sponsoring Exclusively for Two Hunter Mountain Music Festivals in June
finance.yahoo.com - May 18 at 9:00 AM |
| Q1 2016 Townsquare Media Inc Earnings Release - Before Market Open
biz.yahoo.com - May 10 at 7:07 AM |
| TOWNSQUARE MEDIA (TSQ) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating Townsquare Media, Inc. For Potential Securities Breach of Fiduciary Duty
finance.yahoo.com - March 28 at 8:03 AM |
| 7:20 am Townsquare Media reports Q4 Adjusted EBITDA $21.1 mln vs $24 mln year ago; revs 20.6% y/y to $113 mln vs $108.4 mln Captial IQ Consensus Estimate
finance.yahoo.com - February 26 at 7:20 AM |
| Q4 2015 Townsquare Media Inc Earnings Release - Before Market Open
biz.yahoo.com - February 26 at 7:07 AM |
Townsquare Media (TSQ) Chart for Friday, July, 21, 2017
