Should I buy or sell Townsquare Media stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Townsquare Media in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSQ shares. View TSQ analyst ratings or view top-rated stocks .

What is Townsquare Media's stock price target for 2024?

3 Wall Street research analysts have issued 12 month price objectives for Townsquare Media's stock. Their TSQ share price targets range from $12.50 to $21.00. On average, they expect the company's share price to reach $16.83 in the next year. This suggests a possible upside of 41.3% from the stock's current price. View analysts price targets for TSQ or view top-rated stocks among Wall Street analysts .

How have TSQ shares performed in 2024?

Townsquare Media's stock was trading at $10.56 at the start of the year. Since then, TSQ shares have increased by 12.8% and is now trading at $11.91. View the best growth stocks for 2024 here .

When is Townsquare Media's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TSQ earnings forecast .

How can I listen to Townsquare Media's earnings call?

Townsquare Media will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "03705452".

How were Townsquare Media's earnings last quarter?

Townsquare Media, Inc. (NYSE:TSQ) posted its quarterly earnings data on Friday, March, 15th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.26 by $0.08. The company had revenue of $114.79 million for the quarter, compared to the consensus estimate of $111.78 million. Townsquare Media had a positive trailing twelve-month return on equity of 55.40% and a negative net margin of 9.90%.

How often does Townsquare Media pay dividends? What is the dividend yield for Townsquare Media?

Townsquare Media announced a quarterly dividend on Friday, March 15th. Investors of record on Friday, April 5th will be given a dividend of $0.198 per share on Wednesday, May 1st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date is Thursday, April 4th. This is an increase from the stock's previous quarterly dividend of $0.19. Read our dividend analysis for TSQ .

Is Townsquare Media a good dividend stock?

Townsquare Media (NYSE:TSQ) pays an annual dividend of $0.79 per share and currently has a dividend yield of 6.37%. TSQ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for TSQ .

What ETF holds Townsquare Media's stock?

MUSQ Global Music Industry ETF holds 39,492 shares of TSQ stock, representing 2.44% of its portfolio.

What guidance has Townsquare Media issued on next quarter's earnings?

Townsquare Media issued an update on its first quarter 2024 earnings guidance on Friday, March, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $98.5 million-$100.0 million, compared to the consensus revenue estimate of $103.0 million.

What is Bill Wilson and Dhruv Prasad's approval rating as Townsquare Media's CEO?

45 employees have rated Townsquare Media Chief Executive Officer Bill Wilson and Dhruv Prasad on Glassdoor.com . Bill Wilson and Dhruv Prasad has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Townsquare Media own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Townsquare Media investors own include Energy Transfer (ET) , Ford Motor (F) , Pfizer (PFE) , Enterprise Products Partners (EPD) , Annaly Capital Management (NLY) , Hanesbrands (HBI) , CBL & Associates Properties (CBL) , Frontier Communications (FTR) , Oasis Petroleum (OAS) and

How do I buy shares of Townsquare Media?

Shares of TSQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:TSQ

Townsquare Media (TSQ) Stock Price, News & Analysis

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Free TSQ Stock Alerts

$11.91

-0.10 (-0.83%)

(As of 04/19/2024 ET)

Compare

Today's Range: $11.71
▼
$12.27
50-Day Range: $10.36
▼
$13.11
52-Week Range: $8.00
▼
$13.57

Volume: 53,629 shs
Average Volume: 55,789 shs
Market Capitalization: $198.06 million

P/E Ratio: N/A
Dividend Yield: 6.63%
Price Target: $16.83

Get Townsquare Media alerts:

Townsquare Media MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 41.3% Upside
$16.83 Price Target
Short Interest: Healthy
1.88% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$35.65 M Sold Last Quarter
Proj. Earnings Growth: -13.64%
From $1.54 to $1.33 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.34 out of 5 stars

Consumer Discretionary Sector

50th out of 265 stocks

Radio Broadcasting Stations Industry

2nd out of 7 stocks

3.5

Analyst's Opinion

Consensus Rating
Townsquare Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Townsquare Media has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.88% of the float of Townsquare Media has been sold short.
Short Interest Ratio / Days to Cover
Townsquare Media has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Townsquare Media has recently decreased by 11.99%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Townsquare Media is a leading dividend payer. It pays a dividend yield of 6.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Townsquare Media has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on earnings estimates, Townsquare Media will have a dividend payout ratio of 59.40% next year. This indicates that Townsquare Media will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSQ.

3.4

News and Social Media Coverage

News Sentiment
Townsquare Media has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Townsquare Media this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for TSQ on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
9 people have added Townsquare Media to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Townsquare Media insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,653,276.00 in company stock.
Percentage Held by Insiders
30.50% of the stock of Townsquare Media is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
71.69% of the stock of Townsquare Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Townsquare Media are expected to decrease by -13.64% in the coming year, from $1.54 to $1.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Townsquare Media is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Townsquare Media is -4.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Townsquare Media has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Townsquare Media has a P/B Ratio of 20.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Townsquare Media Stock (NYSE:TSQ)

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. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

TSQ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TSQ Stock News Headlines

April 9, 2024 | insidertrades.com

Insider Selling: Townsquare Media, Inc. (NYSE:TSQ) EVP Sells 31,048 Shares of Stock

April 9, 2024 | insidertrades.com

Townsquare Media, Inc. (NYSE:TSQ) Director Sells $136,664.52 in Stock

April 19, 2024 | Gold Safe Exchange (Ad)

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April 4, 2024 | insidertrades.com

Townsquare Media, Inc. (NYSE:TSQ) Director Sells $175,200.00 in Stock

March 31, 2024 | insidertrades.com

Erik Hellum Sells 3,972 Shares of Townsquare Media, Inc. (NYSE:TSQ) Stock

March 28, 2024 | insidertrades.com

Insider Selling: Townsquare Media, Inc. (NYSE:TSQ) COO Sells 1,480 Shares of Stock

March 26, 2024 | insidertrades.com

Townsquare Media, Inc. (NYSE:TSQ) COO Sells $54,750.00 in Stock

March 22, 2024 | insidertrades.com

Townsquare Media, Inc. (NYSE:TSQ) COO Erik Hellum Sells 3,380 Shares

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 16, 2024 | americanbankingnews.com

Townsquare Media (NYSE:TSQ) Shares Pass Above 50-Day Moving Average of $11.10

April 10, 2024 | uk.investing.com

Townsquare Media EVP and CFO sells over $9.6 million in stock

April 9, 2024 | americanbankingnews.com

Erik Hellum Sells 76,056 Shares of Townsquare Media, Inc. (NYSE:TSQ) Stock

April 9, 2024 | americanbankingnews.com

Insider Selling: Townsquare Media, Inc. (NYSE:TSQ) Chairman Sells 1,565,681 Shares of Stock

April 9, 2024 | americanbankingnews.com

Insider Selling: Townsquare Media, Inc. (NYSE:TSQ) CEO Sells 391,420 Shares of Stock

April 9, 2024 | americanbankingnews.com

Stuart B. Rosenstein Sells 782,840 Shares of Townsquare Media, Inc. (NYSE:TSQ) Stock