Noble Financial Has Negative Outlook of TSQ FY2026 Earnings

Townsquare Media, Inc. (NYSE:TSQFree 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.

Get Our Latest Stock Report on Townsquare Media

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:TSQGet 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

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Townsquare Media (NYSE:TSQ)

Receive News & Ratings for Townsquare Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Townsquare Media and related companies with MarketBeat.com's FREE daily email newsletter.