NASDAQ:CMLS Cumulus Media (CMLS) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free CMLS Stock Alerts $2.70 -0.10 (-3.57%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$2.65▼$2.7650-Day Range$2.61▼$3.8152-Week Range$2.57▼$6.59Volume62,111 shsAverage Volume66,050 shsMarket Capitalization$45.01 millionP/E RatioN/ADividend YieldN/APrice Target$9.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cumulus Media alerts: Email Address Cumulus Media MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside251.9% Upside$9.50 Price TargetShort InterestBearish2.94% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.25Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($1.76) to ($2.00) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.36 out of 5 starsConsumer Discretionary Sector224th out of 264 stocksRadio Broadcasting Stations Industry7th out of 8 stocks 3.2 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCumulus Media has only been the subject of 2 research reports in the past 90 days.Read more about Cumulus Media's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.94% of the float of Cumulus Media has been sold short.Short Interest Ratio / Days to CoverCumulus Media has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Cumulus Media has recently increased by 32.15%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCumulus Media does not currently pay a dividend.Dividend GrowthCumulus Media does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMLS. Previous Next 2.4 News and Social Media Coverage News SentimentCumulus Media has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Cumulus Media this week, compared to 1 article on an average week.Search Interest3 people have searched for CMLS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Cumulus Media to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cumulus Media insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.80% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions48.68% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Cumulus Media's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cumulus Media are expected to decrease in the coming year, from ($1.76) to ($2.00) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is -0.40, 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. SectorThe P/E ratio of Cumulus Media is -0.40, 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 RatioCumulus Media has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Cumulus Media's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Cumulus Media Stock (NASDAQ:CMLS)Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation and listing management, and search engine marketing and optimization; influencers, audio solutions, research and insights, and live event services; and advertising performance guarantee services. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.Read More CMLS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMLS Stock News HeadlinesMay 8, 2024 | globenewswire.comCumulus Media Welcomes The Candy Valentino Show to the Cumulus Podcast NetworkMay 8, 2024 | globenewswire.comCumulus Media Names Mike Eaby Vice President/Executive Producer of Westwood One SportsMay 8, 2024 | Unstoppable Prosperity (Ad)RSVP: Charles Payne’s Cash Flow WorkshopAre you ready to find untapped value in the stocks you already own… Without selling a single share… Then you need to know these Cash Flow Trade Strategies.May 8, 2024 | markets.businessinsider.comCumulus Media: Hold Rating Amidst Digital Growth and Financial ManeuveringMay 5, 2024 | seekingalpha.comCumulus Media Inc. (CMLS) Q1 2024 Earnings Call TranscriptMay 4, 2024 | msn.comCumulus Media Inc. (NASDAQ:CMLS) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comCumulus Media Inc (CMLS) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges and ...May 3, 2024 | markets.businessinsider.comCumulus Media Inc. Q1 Loss decreases, beats estimatesMay 8, 2024 | Unstoppable Prosperity (Ad)RSVP: Charles Payne’s Cash Flow WorkshopAre you ready to find untapped value in the stocks you already own… Without selling a single share… Then you need to know these Cash Flow Trade Strategies.May 3, 2024 | globenewswire.comCumulus Media Reports Operating Results for the First Quarter 2024; Refinances its Capital Structure to Secure Five-Year Maturities Through Successful Debt Exchange and ABL Facility Upsize and ExtensionMay 2, 2024 | globenewswire.comCumulus Media Announces Expiration and Final Results of Exchange Offer and Consent SolicitationApril 26, 2024 | finance.yahoo.comShould Shareholders Reconsider Cumulus Media Inc.'s (NASDAQ:CMLS) CEO Compensation Package?April 19, 2024 | markets.businessinsider.comCumulus Media Announces Amendment and Extension of Withdrawal Deadline and Expiration Time for Exchange Offer and Consent SolicitationApril 18, 2024 | globenewswire.comCumulus Media Announces Amendment and Extension of Withdrawal Deadline and Expiration Time for Exchange Offer and Consent SolicitationApril 18, 2024 | globenewswire.comCumulus Announces Selected Preliminary Operating Results for First Quarter 2024April 18, 2024 | globenewswire.comCumulus Media Announces Further Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026April 17, 2024 | globenewswire.comCumulus Media Announces Further Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026April 17, 2024 | seekingalpha.comCMLS Cumulus Media Inc.April 15, 2024 | globenewswire.comCumulus Media Announces Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026April 10, 2024 | globenewswire.comCumulus Media Announces New Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026April 3, 2024 | msn.comCloud cover forecast ratchets up anxiety for solar eclipse watchersApril 3, 2024 | msn.comWhich type of clouds make it harder to see the April 8 solar eclipse? Here’s what to knowApril 3, 2024 | globenewswire.comCumulus Media Announces Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026March 31, 2024 | msn.comWhy low-level clouds vanish during a solar eclipseMarch 30, 2024 | forbes.comWill Clouds Spoil Your Total Solar Eclipse Viewing Party?March 30, 2024 | forbes.comMusic Industry Annual Reports Show Stable Growth And YouTube StrengthMarch 28, 2024 | finance.yahoo.comCumulus Media’s Westwood One Presents Exclusive Live Audio Coverage of the 2024 NCAA® Women’s Basketball ChampionshipSee More Headlines Receive CMLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cumulus Media and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today5/08/2024Next Earnings (Estimated)7/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Radio broadcasting stations Sub-IndustryN/A Current SymbolNASDAQ:CMLS CUSIPN/A CIK1058623 Webwww.cumulus.com Phone(404) 949-0700Fax404-949-0740Employees3,367Year FoundedN/APrice Target and Rating Average Stock Price Target$9.50 High Stock Price Target$11.00 Low Stock Price Target$8.00 Potential Upside/Downside+239.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($6.69) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,880,000.00 Net Margins-13.18% Pretax Margin-11.92% Return on Equity-15.85% Return on Assets-3.71% Debt Debt-to-Equity Ratio3.06 Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$844.55 million Price / Sales0.06 Cash Flow$4.52 per share Price / Cash Flow0.62 Book Value$17.32 per share Price / Book0.16Miscellaneous Outstanding Shares16,670,000Free Float15,373,000Market Cap$46.68 million OptionableOptionable Beta1.55 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Mary G. Berner (Age 65)President, CEO & Director Comp: $2.83MMr. Francisco J. Lopez-Balboa (Age 63)Executive VP, CFO Treasurer and Principal Accounting & Financial Officer Comp: $1.58MMr. Richard S. Denning (Age 57)Executive VP, Secretary & General Counsel Comp: $886.58kMr. Dave Milner (Age 55)President of Operations Mr. Robert J Walker (Age 63)President of Operations Mr. Conrad TrautmannChief Technology OfficerMr. Collin Jones (Age 36)Executive VP of Corporate Strategy & Development and President of Westwood One Ms. Christina P. AlbeeChief Marketing OfficerMs. Suzanne M. Grimes (Age 65)Executive Vice President of Corporate Marketing Comp: $960kMr. Brian PhilipsChief Content OfficerMore ExecutivesKey CompetitorsEntercom CommunicationsNYSE:ETMEmmis CommunicationsNASDAQ:EMMSBeasley Broadcast GroupNASDAQ:BBGIUrban OneNASDAQ:UONEKUrban OneNASDAQ:UONEView All CompetitorsInstitutional OwnershipEmpowered Funds LLCBought 15,096 shares on 5/7/2024Ownership: 0.091%Quadrature Capital LtdBought 10,567 shares on 3/25/2024Ownership: 0.063%First Eagle Investment Management LLCBought 21,927 shares on 2/8/2024Ownership: 0.133%View All Institutional Transactions CMLS Stock Analysis - Frequently Asked Questions Should I buy or sell Cumulus Media stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CMLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMLS, but not buy additional shares or sell existing shares. View CMLS analyst ratings or view top-rated stocks. What is Cumulus Media's stock price target for 2024? 3 Wall Street research analysts have issued 1 year price targets for Cumulus Media's shares. Their CMLS share price targets range from $8.00 to $11.00. On average, they anticipate the company's share price to reach $9.50 in the next year. This suggests a possible upside of 251.9% from the stock's current price. View analysts price targets for CMLS or view top-rated stocks among Wall Street analysts. How have CMLS shares performed in 2024? Cumulus Media's stock was trading at $5.32 at the start of the year. Since then, CMLS stock has decreased by 49.2% and is now trading at $2.70. View the best growth stocks for 2024 here. Are investors shorting Cumulus Media? Cumulus Media saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 388,400 shares, an increase of 32.2% from the March 31st total of 293,900 shares. Based on an average daily trading volume, of 74,100 shares, the days-to-cover ratio is currently 5.2 days. Currently, 2.9% of the shares of the company are short sold. View Cumulus Media's Short Interest. When is Cumulus Media's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024. View our CMLS earnings forecast. How were Cumulus Media's earnings last quarter? Cumulus Media Inc. (NASDAQ:CMLS) issued its quarterly earnings results on Tuesday, February, 27th. The company reported ($2.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.59) by $2.01. The firm earned $221.30 million during the quarter, compared to analyst estimates of $220.07 million. Cumulus Media had a negative trailing twelve-month return on equity of 15.85% and a negative net margin of 13.18%. What guidance has Cumulus Media issued on next quarter's earnings? Cumulus Media issued an update on its first quarter 2024 earnings guidance on Friday, April, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $199.0 million-$201.0 million, compared to the consensus revenue estimate of $200.8 million. What is Mary G. Berner's approval rating as Cumulus Media's CEO? 225 employees have rated Cumulus Media Chief Executive Officer Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among the company's employees. 50.0% of employees surveyed would recommend working at Cumulus Media to a friend. What other stocks do shareholders of Cumulus Media own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cumulus Media investors own include Main Street Capital (MAIN), Southern (SO), Simon Property Group (SPG), Toronto-Dominion Bank (TD), Teekay LNG Partners (TGP), AbbVie (ABBV), Alliance Data Systems (ADS), Algonquin Power & Utilities (AQN), BCE (BCE) and Franklin Resources (BEN). Who are Cumulus Media's major shareholders? Cumulus Media's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Empowered Funds LLC (0.09%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David Edward Milner and Richard Denning. View institutional ownership trends. How do I buy shares of Cumulus Media? Shares of CMLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CMLS) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaAI “wealth window” is closing June 25thParadigm PressGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityThe AI Stock that’s Disrupting Every IndustryStockEarningsShocking: One AI startup's revenue could surge 4,735%Manward PressThe 2024 Gold Rush: Unleashing Market PotentialPriority Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cumulus Media Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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