Barrington Research Estimates Cumulus Media FY2027 Earnings

Cumulus Media Inc. (NASDAQ:CMLS) – Analysts at Barrington Research issued their FY2027 EPS estimates for Cumulus Media in a research note issued to investors on Friday, February 28th. Barrington Research analyst P. Sholl anticipates that the company will post earnings of ($2.63) per share for the year. The consensus estimate for Cumulus Media’s current full-year earnings is ($2.71) per share.

Separately, StockNews.com began coverage on shares of Cumulus Media in a research note on Wednesday. They set a “hold” rating for the company.

Cumulus Media Stock Down 8.1 %

CMLS stock opened at $0.52 on Monday. The stock has a market capitalization of $8.90 million, a P/E ratio of -0.06 and a beta of 1.37. The firm has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $1.04. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 3.68. Cumulus Media has a 52 week low of $0.50 and a 52 week high of $3.95.

Institutional Trading of Cumulus Media

Several large investors have recently bought and sold shares of CMLS. Garden State Investment Advisory Services LLC purchased a new stake in Cumulus Media during the 3rd quarter valued at about $191,000. Zazove Associates LLC grew its stake in Cumulus Media by 4.8% during the 4th quarter. Zazove Associates LLC now owns 1,528,428 shares of the company’s stock valued at $1,024,000 after acquiring an additional 70,000 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Cumulus Media during the 3rd quarter valued at about $25,000. Hedge funds and other institutional investors own 48.68% of the company’s stock.

Cumulus Media Company Profile

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.