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
SymbolNYSE:TSQ
CUSIPN/A
Phone203-861-0900
Debt
Debt-to-Equity Ratio1.57
Current Ratio1.95
Quick Ratio1.95
Price-To-Earnings
Trailing P/E Ratio8.51
Forward P/E Ratio10.40
P/E Growth-3.5
Sales & Book Value
Annual Sales$507.43 million
Price / Sales0.23
Cash Flow$5.4261 per share
Price / Cash1.15
Book Value$20.63 per share
Price / Book0.30
Profitability
EPS (Most Recent Fiscal Year)$0.74
Net Income$-10,270,000.00
Net Margins-6.69%
Return on Equity5.73%
Return on Assets2.08%
Miscellaneous
Employees2,900
Outstanding Shares18,480,000
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, May 9th. Shareholders of record on Thursday, June 28th will be given a dividend of $0.075 per share on Wednesday, August 15th. This represents a $0.30 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date of this dividend is Wednesday, June 27th. View Townsquare Media's Dividend History.
How were Townsquare Media's earnings last quarter?
Townsquare Media Inc (NYSE:TSQ) announced its earnings results on Tuesday, May, 8th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.02. The company had revenue of $94.23 million for the quarter, compared to the consensus estimate of $90.67 million. Townsquare Media had a positive return on equity of 5.73% and a negative net margin of 6.69%. View Townsquare Media's Earnings History.
What price target have analysts set for TSQ?
6 Wall Street analysts have issued 1-year price objectives 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 year. 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?
News headlines about TSQ stock have been trending somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Townsquare Media earned a daily sentiment score of -0.04 on Accern's scale. They also assigned news articles about the company an impact score of 48.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Townsquare Media's major shareholders?
Townsquare Media's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.09%), American Century Companies Inc. (1.75%), Algert Global LLC (1.30%), Gamco Investors INC. ET AL (0.64%), Royal Bank of Canada (0.61%) and Russell Investments Group Ltd. (0.27%). Company insiders that own Townsquare Media stock include Dhruv Prasad, Erik Hellum, Scott Schatz and Steven Price. View Institutional Ownership Trends for Townsquare Media.
Which major investors are selling Townsquare Media stock?
Which major investors are buying Townsquare Media stock?
TSQ stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Trexquant Investment LP, Algert Global LLC, Dupont Capital Management Corp, Gamco Investors INC. ET AL, Schwab Charles Investment Management Inc. and Royal Bank of Canada. Company insiders that have bought Townsquare Media stock in the last two years include Dhruv Prasad, Erik Hellum, Scott Schatz and Steven Price. 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 $6.24.
How big of a company is Townsquare Media?
Townsquare Media has a market capitalization of $116.40 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 (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.
