NASDAQ:CMLS

Cumulus Media (CMLS) Stock Price, News & Analysis

$2.70
0.00 (0.00%)
(As of 04/24/2024 ET)
Today's Range
$2.63
$2.75
50-Day Range
$2.70
$4.70
52-Week Range
$2.57
$6.59
Volume
46,983 shs
Average Volume
69,343 shs
Market Capitalization
$45.01 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50

Cumulus Media MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
251.9% Upside
$9.50 Price Target
Short Interest
Bearish
2.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.10mentions of Cumulus Media in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.80) to ($1.57) 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.

1.72 out of 5 stars

Consumer Discretionary Sector

211th out of 267 stocks

Radio Broadcasting Stations Industry

7th out of 8 stocks

CMLS stock logo

About Cumulus Media Stock (NASDAQ:CMLS)

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. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation and listing management, and search engine marketing and optimization; influencers, audio solutions, research and insights, and live event services; and advertising performance guarantee services. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.

CMLS Stock Price History

CMLS Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
CMLS Cumulus Media Inc.
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:CMLS
Employees
3,367
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.50
High Stock Price Target
$11.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+251.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-117,880,000.00
Pretax Margin
-11.92%

Debt

Sales & Book Value

Annual Sales
$844.55 million
Cash Flow
$4.43 per share
Book Value
$17.32 per share

Miscellaneous

Free Float
15,373,000
Market Cap
$45.01 million
Optionable
Optionable
Beta
1.49
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Key Executives

  • Ms. Mary G. Berner (Age 65)
    President, CEO & Director
    Comp: $2.83M
  • Mr. Francisco J. Lopez-Balboa (Age 63)
    Executive VP, CFO Treasurer and Principal Accounting & Financial Officer
    Comp: $1.58M
  • Mr. Richard S. Denning (Age 57)
    Executive VP, Secretary & General Counsel
    Comp: $886.58k
  • Mr. Dave Milner (Age 55)
    President of Operations
  • Mr. Robert J Walker (Age 63)
    President of Operations
  • Mr. Conrad Trautmann
    Chief Technology Officer
  • Mr. Collin Jones (Age 36)
    Executive VP of Corporate Strategy & Development and President of Westwood One
  • Ms. Christina P. Albee
    Chief Marketing Officer
  • Ms. Suzanne M. Grimes (Age 65)
    Executive Vice President of Corporate Marketing
    Comp: $960k
  • Mr. Brian Philips
    Chief Content Officer

CMLS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cumulus Media stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cumulus Media in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMLS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMLS, but not buy additional shares or sell existing shares.
View CMLS analyst ratings
or view top-rated stocks.

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

3 Wall Street analysts have issued 1-year price targets for Cumulus Media's shares. Their CMLS share price targets range from $8.00 to $11.00. On average, they predict the company's stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 251.9% from the stock's current price.
View analysts price targets for CMLS
or view top-rated stocks among Wall Street analysts.

How have CMLS shares performed in 2024?

Cumulus Media's stock was trading at $5.32 on January 1st, 2024. Since then, CMLS shares have decreased by 49.2% and is now trading at $2.70.
View the best growth stocks for 2024 here
.

Are investors shorting Cumulus Media?

Cumulus Media saw a increase in short interest in March. As of March 31st, there was short interest totaling 293,900 shares, an increase of 19.9% from the March 15th total of 245,200 shares. Based on an average daily trading volume, of 72,700 shares, the short-interest ratio is presently 4.0 days. Approximately 2.5% of the shares of the stock are short sold.
View Cumulus Media's Short Interest
.

When is Cumulus Media's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our CMLS earnings forecast
.

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

Cumulus Media will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Cumulus Media's earnings last quarter?

Cumulus Media Inc. (NASDAQ:CMLS) issued its quarterly earnings data on Tuesday, February, 27th. The company reported ($2.60) EPS for the quarter, missing the consensus estimate of ($0.59) by $2.01. The business had revenue of $221.30 million for the quarter, compared to analysts' expectations of $220.07 million. Cumulus Media had a negative net margin of 13.96% and a negative trailing twelve-month return on equity of 17.50%.

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

Cumulus Media issued an update on its first quarter 2024 earnings guidance on Friday, April, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $199.0 million-$201.0 million, compared to the consensus revenue estimate of $200.8 million.

What is Mary G. Berner's approval rating as Cumulus Media's CEO?

225 employees have rated Cumulus Media Chief Executive Officer Mary G. Berner on Glassdoor.com. Mary G. Berner has an approval rating of 65% among the company's employees. 50.0% of employees surveyed would recommend working at Cumulus Media to a friend.

What other stocks do shareholders of Cumulus Media own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cumulus Media investors own include Main Street Capital (MAIN), Southern (SO), Simon Property Group (SPG), Toronto-Dominion Bank (TD), Teekay LNG Partners (TGP), AbbVie (ABBV), Alliance Data Systems (ADS), Algonquin Power & Utilities (AQN), BCE (BCE) and Franklin Resources (BEN).

How do I buy shares of Cumulus Media?

Shares of CMLS 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.

This page (NASDAQ:CMLS) was last updated on 4/25/2024 by MarketBeat.com Staff

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