FY2025 Earnings Estimate for TSQ Issued By Noble Financial

Townsquare Media, Inc. (NYSE:TSQ - Free Report) - Investment analysts at Noble Financial dropped their FY2025 earnings per share estimates for Townsquare Media in a research report issued to clients and investors on Tuesday, February 25th. Noble Financial analyst M. Kupinski now forecasts that the company will earn $1.08 per share for the year, down from their prior forecast of $1.43. Noble Financial has a "Outperform" rating and a $21.00 price objective on the stock. The consensus estimate for Townsquare Media's current full-year earnings is $1.07 per share.

Several other equities analysts also recently commented on TSQ. StockNews.com upgraded shares of Townsquare Media from a "hold" rating to a "buy" rating in a report on Monday, November 11th. Barrington Research reaffirmed an "outperform" rating and set a $17.00 target price on shares of Townsquare Media in a research note on Thursday, November 7th.

Townsquare Media Price Performance

Shares of TSQ traded up $0.06 during midday trading on Thursday, hitting $8.49. The stock had a trading volume of 45,094 shares, compared to its average volume of 60,895. The stock's 50 day moving average is $9.12 and its 200 day moving average is $9.78. The firm has a market cap of $132.04 million, a PE ratio of -3.13, a price-to-earnings-growth ratio of 0.58 and a beta of 1.31. Townsquare Media has a 1 year low of $8.36 and a 1 year high of $13.57.

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Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TSQ. Wells Fargo & Company MN grew its stake in Townsquare Media by 56.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,296 shares of the company's stock valued at $57,000 after purchasing an additional 2,259 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Townsquare Media by 28.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,698 shares of the company's stock worth $68,000 after buying an additional 1,503 shares during the last quarter. Wealthfront Advisers LLC purchased a new position in shares of Townsquare Media in the 4th quarter worth approximately $69,000. Russell Investments Group Ltd. raised its stake in shares of Townsquare Media by 1,086.0% during the 4th quarter. Russell Investments Group Ltd. now owns 8,409 shares of the company's stock worth $76,000 after acquiring an additional 7,700 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in Townsquare Media by 47.0% during the fourth quarter. Hillsdale Investment Management Inc. now owns 27,200 shares of the company's stock valued at $247,000 after acquiring an additional 8,700 shares during the last quarter. 71.69% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Scott Schatz sold 4,594 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $9.65, for a total transaction of $44,332.10. Following the transaction, the executive vice president now directly owns 31,366 shares in the company, valued at approximately $302,681.90. This trade represents a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Claire Marie Yenicay sold 5,000 shares of the business's stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $9.22, for a total transaction of $46,100.00. Following the completion of the transaction, the executive vice president now directly owns 214,953 shares of the company's stock, valued at $1,981,866.66. This trade represents a 2.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,244 shares of company stock valued at $193,337 in the last 90 days. Company insiders own 30.50% of the company's stock.

Townsquare Media Company Profile

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.