Townsquare Media (TSQ) Stock Price, News & Analysis

Company Overview

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. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

Key Stats

• Today's Range: $9.67 to $9.87
• 50-Day Range: $9.50 to $10.56
• 52-Week Range: $9.36 to $13.57
• Volume: 28,275 shs
• Average Volume: 42,873 shs
• Market Capitalization: $152.86 million
• P/E Ratio: N/A
• Dividend Yield: 8.04%
• Price Target: $16.83
• Consensus Rating: Buy

Townsquare Media Stock Analysis - MarketRank™

Townsquare Media scored higher than 94% of companies evaluated by MarketBeat, and ranked 28th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Townsquare Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Townsquare Media has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 20.56%

Earnings Growth

Earnings for Townsquare Media are expected to grow by 20.56% in the coming year, from $1.07 to $1.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Townsquare Media is -3.63, 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. Sector

The P/E ratio of Townsquare Media is -3.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Townsquare Media has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Townsquare Media has a P/B Ratio of 16.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.36% of the float of Townsquare Media has been sold short.

Short Interest Ratio / Days to Cover

Townsquare Media has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in Townsquare Media has recently increased by 7.92%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Townsquare Media is a leading dividend payer. It pays a dividend yield of 7.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Townsquare Media does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Townsquare Media will have a dividend payout ratio of 61.24% next year. This indicates that Townsquare Media will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.36% of the float of Townsquare Media has been sold short.

Short Interest Ratio / Days to Cover

Townsquare Media has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in Townsquare Media has recently increased by 7.92%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.78

News Sentiment

Townsquare Media has a news sentiment score of 0.78. 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 higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Townsquare Media this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for TSQ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Townsquare Media insiders have sold 55.57% more of their company's stock than they have bought. Specifically, they have bought $520,500.00 in company stock and sold $809,750.00 in company stock.

Percentage Held by Insiders

34.90% of the stock of Townsquare Media is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

71.69% of the stock of Townsquare Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TSQ Stock Analysis - Frequently Asked Questions

How have TSQ shares performed this year?

Townsquare Media's stock was trading at $10.56 at the beginning of the year. Since then, TSQ stock has decreased by 6.9% and is now trading at $9.83.
View the best growth stocks for 2024 here.

How were Townsquare Media's earnings last quarter?

Townsquare Media, Inc. (NYSE:TSQ) released its quarterly earnings data on Tuesday, November, 2nd. The company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.07. The company earned $111.28 million during the quarter, compared to the consensus estimate of $106.81 million. Townsquare Media had a negative net margin of 8.84% and a negative trailing twelve-month return on equity of 57.10%.

Who are Townsquare Media's major shareholders?

Top institutional investors of Townsquare Media include Geode Capital Management LLC (1.81%), State Street Corp (1.15%), Empowered Funds LLC (0.35%) and Exchange Traded Concepts LLC (0.30%). Insiders that own company stock include Bill Wilson, Msd Capital L P, Steven Price, Erik Hellum, Stuart B Rosenstein, Claire Marie Yenicay, Stephen A Kaplan, Gary L Ginsberg, David Lebow, Robert L Worshek and Scott Schatz.
View institutional ownership trends.

How do I buy shares of Townsquare Media?

Shares of TSQ 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.

What other stocks do shareholders of Townsquare Media own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Townsquare Media investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), ServiceNow (NOW), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 11/02/2021
• Ex-Dividend for 11/1 Dividend: 10/15/2024
• Dividend Payable: 11/01/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Communication
• Current Symbol: NYSE:TSQ
• CUSIP: N/A
• CIK: 1499832
• Web: www.townsquaremedia.com
• Phone: (230) 861-0900
• Fax: 203-861-0920
• Employees: 2,159
• Year Founded: 2010

Price Target and Rating

• Average Stock Price Target: $16.83
• High Stock Price Target: $21.00
• Low Stock Price Target: $12.50
• Potential Upside/Downside: +71.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.71)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.19
• P/E Growth: 0.77
• Net Income: $-44,960,000.00
• Net Margins: -8.84%
• Pretax Margin: -8.81%
• Return on Equity: -57.10%
• Return on Assets: 2.46%

Debt

• Debt-to-Equity Ratio: 271.80
• Current Ratio: 1.38
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $454.23 million
• Price / Sales: 0.34
• Cash Flow: $3.01 per share
• Price / Cash Flow: 3.27
• Book Value: ($3.37) per share
• Price / Book: -2.92

Miscellaneous

• Outstanding Shares: 15,550,000
• Free Float: 10,805,000
• Market Cap: $152.86 million
• Optionable: Optionable
• Beta: 1.36