Townsquare Media (NYSE:TSQ) Issues Quarterly Earnings Results

Townsquare Media (NYSE:TSQ - Get Free Report) posted its earnings results on Monday. The company reported $0.60 EPS for the quarter, meeting the consensus estimate of $0.60, RTT News reports. The firm had revenue of $117.81 million during the quarter, compared to the consensus estimate of $116.41 million. Townsquare Media had a negative return on equity of 57.10% and a negative net margin of 8.84%. During the same period last year, the company earned $0.34 earnings per share. Townsquare Media updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Townsquare Media Trading Up 0.4 %

TSQ stock traded up $0.03 during trading on Friday, hitting $7.89. The company had a trading volume of 131,139 shares, compared to its average volume of 57,111. Townsquare Media has a one year low of $7.56 and a one year high of $13.57. The business has a 50-day moving average of $8.69 and a 200-day moving average of $9.53. The stock has a market cap of $122.73 million, a PE ratio of -2.91, a PEG ratio of 0.58 and a beta of 1.33.

Townsquare Media Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 17th will be paid a $0.20 dividend. This is a positive change from Townsquare Media's previous quarterly dividend of $0.20. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.13%. The ex-dividend date of this dividend is Thursday, April 17th. Townsquare Media's payout ratio is currently -29.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TSQ shares. StockNews.com downgraded shares of Townsquare Media from a "buy" rating to a "hold" rating in a research report on Wednesday. Noble Financial reaffirmed an "outperform" rating and set a $21.00 price target on shares of Townsquare Media in a research note on Friday, January 24th. Finally, Barrington Research reissued an "outperform" rating and issued a $15.00 price objective on shares of Townsquare Media in a research note on Tuesday.

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Insider Transactions at Townsquare Media

In other Townsquare Media news, EVP Scott Schatz sold 5,000 shares of the stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $9.64, for a total transaction of $48,200.00. Following the completion of the sale, the executive vice president now directly owns 38,068 shares in the company, valued at approximately $366,975.52. This trade represents a 11.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 14,594 shares of company stock worth $138,632. Company insiders own 30.50% of the company's stock.

About Townsquare Media

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.