Townsquare Media, Inc. (NYSE:TSQ – Free Report) – Equities researchers at Noble Financial cut their FY2026 earnings estimates for Townsquare Media in a report issued on Tuesday, February 25th. Noble Financial analyst M. Kupinski now forecasts that the company will earn $1.68 per share for the year, down from their previous estimate of $1.96. 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.
Several other research firms have also recently weighed in on TSQ. Barrington Research restated an “outperform” rating and set a $17.00 price target on shares of Townsquare Media in a report on Thursday, November 7th. StockNews.com raised Townsquare Media from a “hold” rating to a “buy” rating in a research report on Monday, November 11th.
Townsquare Media Trading Down 2.3 %
NYSE:TSQ opened at $8.43 on Wednesday. Townsquare Media has a 12 month low of $8.42 and a 12 month high of $13.57. The firm has a fifty day simple moving average of $9.17 and a two-hundred day simple moving average of $9.80. The stock has a market capitalization of $131.09 million, a price-to-earnings ratio of -3.11, a PEG ratio of 0.58 and a beta of 1.31.
Insiders Place Their Bets
In related news, EVP Scott Schatz sold 4,594 shares of Townsquare Media 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 completion of the transaction, the executive vice president now owns 31,366 shares in the company, valued at approximately $302,681.90. This trade represents a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Claire Marie Yenicay sold 5,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $9.22, for a total transaction of $46,100.00. Following the transaction, the executive vice president now 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. In the last quarter, insiders sold 20,244 shares of company stock valued at $193,337. Company insiders own 30.50% of the company’s stock.
Institutional Investors Weigh In On Townsquare Media
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC increased its holdings in Townsquare Media by 59.8% in the 3rd quarter. Barclays PLC now owns 37,685 shares of the company’s stock worth $383,000 after buying an additional 14,109 shares during the period. State Street Corp grew its position in shares of Townsquare Media by 4.0% in the third quarter. State Street Corp now owns 177,163 shares of the company’s stock valued at $1,800,000 after purchasing an additional 6,800 shares in the last quarter. Geode Capital Management LLC raised its stake in 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 during the period. BNP Paribas Financial Markets lifted its stake in shares of Townsquare Media by 28.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,698 shares of the company’s stock valued at $68,000 after purchasing an additional 1,503 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in Townsquare Media by 5.2% during the 4th quarter. Empowered Funds LLC now owns 56,634 shares of the company’s stock valued at $515,000 after acquiring an additional 2,804 shares during the period. Institutional investors own 71.69% of the company’s stock.
Townsquare Media Company Profile
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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