Townsquare Media, Inc. (NYSE:TSQ – Free Report) – Investment analysts at Noble Financial cut their FY2026 earnings estimates for Townsquare Media in a research report issued on Tuesday, March 18th. Noble Financial analyst M. Kupinski now expects that the company will earn $1.57 per share for the year, down from their prior forecast of $1.68. Noble Financial currently has a “Outperform” rating and a $21.00 target price on the stock. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share.
Other research analysts also recently issued research reports about the company. Barrington Research reissued an “outperform” rating and issued a $15.00 target price on shares of Townsquare Media in a report on Tuesday. StockNews.com downgraded Townsquare Media from a “buy” rating to a “hold” rating in a report on Wednesday.
Townsquare Media Stock Performance
Townsquare Media stock opened at $7.85 on Wednesday. Townsquare Media has a one year low of $7.56 and a one year high of $13.57. The stock has a fifty day moving average of $8.69 and a 200 day moving average of $9.53. The stock has a market cap of $122.04 million, a PE ratio of -2.90, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33.
Townsquare Media (NYSE:TSQ – Get Free Report) last announced its earnings results on Monday, March 17th. The company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. The business had revenue of $117.81 million during the quarter, compared to analyst estimates of $116.41 million. Townsquare Media had a negative net margin of 8.84% and a negative return on equity of 57.10%. During the same period in the previous year, the business earned $0.34 EPS.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in TSQ. BNP Paribas Financial Markets raised its stake in shares of Townsquare Media by 28.9% in the third 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 period. State Street Corp grew its position in shares of Townsquare Media by 4.0% during the third quarter. State Street Corp now owns 177,163 shares of the company’s stock worth $1,800,000 after purchasing an additional 6,800 shares in the last quarter. Barclays PLC grew its position in shares of Townsquare Media by 59.8% during the third quarter. Barclays PLC now owns 37,685 shares of the company’s stock worth $383,000 after purchasing an additional 14,109 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Townsquare Media by 0.4% during the third quarter. Geode Capital Management LLC now owns 278,985 shares of the company’s stock worth $2,835,000 after purchasing an additional 1,151 shares in the last quarter. Finally, Krilogy Financial LLC grew its position in shares of Townsquare Media by 33.3% during the fourth quarter. Krilogy Financial LLC now owns 40,000 shares of the company’s stock worth $364,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors own 71.69% of the company’s stock.
Insider Buying and Selling at Townsquare Media
In other news, EVP Scott Schatz sold 4,594 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $9.65, for a total value of $44,332.10. Following the transaction, the executive vice president now owns 31,366 shares of the company’s stock, valued at $302,681.90. This trade represents a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Claire Marie Yenicay sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $9.22, for a total value of $46,100.00. Following the completion of the transaction, the executive vice president now directly owns 214,953 shares in the company, 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. Over the last 90 days, insiders have sold 14,594 shares of company stock valued at $138,632. 30.50% of the stock is owned by company insiders.
Townsquare Media Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 17th will be issued a $0.20 dividend. This is an increase from Townsquare Media’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.80 dividend on an annualized basis and a yield of 10.19%. Townsquare Media’s dividend payout ratio is currently -29.15%.
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.
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