NASDAQ:CMLS Cumulus Media (CMLS) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free CMLS Stock Alerts $3.23 +0.10 (+3.19%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$3.08▼$3.2850-Day Range$3.13▼$5.0852-Week Range$2.57▼$6.59Volume120,411 shsAverage Volume72,704 shsMarket Capitalization$53.84 millionP/E RatioN/ADividend YieldN/APrice Target$9.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cumulus Media alerts: Email Address Cumulus Media MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside194.1% Upside$9.50 Price TargetShort InterestHealthy2.06% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.29Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.80) to ($1.57) Per ShareSee Full Details Hide Full Details 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.2.13 out of 5 starsConsumer Discretionary Sector189th out of 266 stocksRadio Broadcasting Stations Industry6th out of 9 stocks 3.2 Analyst's Opinion Consensus RatingCumulus Media has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.50, Cumulus Media has a forecasted upside of 194.1% from its current price of $3.23.Amount of Analyst CoverageCumulus Media has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.06% of the float of Cumulus Media has been sold short.Short Interest Ratio / Days to CoverCumulus Media has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cumulus Media has recently increased by 52.39%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCumulus Media does not currently pay a dividend.Dividend GrowthCumulus Media does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMLS. Previous Next 2.4 News and Social Media Coverage News SentimentCumulus Media has a news sentiment score of 0.29. 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 lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cumulus Media this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Cumulus Media to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cumulus Media insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.30% of the stock of Cumulus Media is held by insiders.Percentage Held by Institutions48.68% of the stock of Cumulus Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cumulus Media are expected to grow in the coming year, from ($1.80) to ($1.57) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cumulus Media is -0.46, 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. SectorThe P/E ratio of Cumulus Media is -0.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCumulus Media has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIthe most reliable asset on earth is making a comebackGlobal tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.And you can see how it works for FREE when you Click Here 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 404 stations in 85 markets, as well as approximately 9,400 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, the AP, 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 management, and search engine marketing and optimization. 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.Read More CMLS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMLS Stock News HeadlinesMarch 27, 2024 | globenewswire.comCumulus Media Announces Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026March 19, 2024 | finance.yahoo.comCumulus Media’s Westwood One Presents Exclusive Multiplatform Audio Coverage of the 2024 NCAA® Men’s Basketball TournamentMarch 28, 2024 | Behind the Markets (Ad)The AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.March 12, 2024 | globenewswire.comCumulus Media Announces Extension of Early Tender Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026March 7, 2024 | finance.yahoo.comCumulus Media’s Westwood One Presents Audio Coverage of 2024 College Basketball Conference Championship WeekMarch 7, 2024 | globenewswire.comCumulus Media's Westwood One Presents Audio Coverage of 2024 College Basketball Conference Championship WeekFebruary 29, 2024 | seekingalpha.comCumulus Media Inc. (CMLS) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | msn.comBarrington Research Downgrades Cumulus Media (CMLS)March 28, 2024 | Behind the Markets (Ad)The AI Defense Stock Set to SoarTo protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.February 29, 2024 | markets.businessinsider.comCumulus Media: Maintaining Hold Rating Amid Slow Digital Growth and High Leverage ConcernsFebruary 28, 2024 | finance.yahoo.comCumulus Media Inc. (NASDAQ:CMLS) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | globenewswire.comCumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026February 27, 2024 | globenewswire.comCumulus Media Reports Operating Results for 2023February 22, 2024 | globenewswire.comCumulus Media Inc. Adopts Limited-Duration Shareholder Rights PlanFebruary 19, 2024 | finance.yahoo.comCMLS Apr 2024 2.500 callFebruary 13, 2024 | markets.businessinsider.comCumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating ResultsFebruary 8, 2024 | markets.businessinsider.comWestwood One Presents Super Bowl LVIII Game-Day Coverage With an All-Pro Broadcast TeamJanuary 29, 2024 | finance.yahoo.comThe past five years for Cumulus Media (NASDAQ:CMLS) investors has not been profitableJanuary 8, 2024 | finance.yahoo.comAmerica in the Morning Launches On the Cumulus Podcast NetworkJanuary 5, 2024 | bizjournals.comJim Day taking over for 'Married with Microphones' on 103.5 WGRR-FMJanuary 3, 2024 | finance.yahoo.comThe Ed Mylett Show Joins the Cumulus Podcast NetworkDecember 22, 2023 | money.usnews.comCumulus Media Inc. - Ordinary Shares - Class ADecember 21, 2023 | finance.yahoo.comBiggerPockets Podcast Network Moves to CumulusDecember 7, 2023 | finance.yahoo.comCumulus Media’s Westwood One Presents Exclusive National Audio Coverage of the 124th Army-Navy Football GameDecember 6, 2023 | finance.yahoo.comDan Bongino Extends Contract With Westwood One, Recommits to Broadcast RadioDecember 5, 2023 | seekingalpha.comCumulus Media: Transformation Hitting High Gear On Ad ReboundDecember 4, 2023 | markets.businessinsider.comCumulus Media Taps Collin Jones to Lead Westwood OneSee More Headlines Receive CMLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cumulus Media and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today3/28/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Radio broadcasting stations Sub-IndustryN/A Current SymbolNASDAQ:CMLS CUSIPN/A CIK1058623 Webwww.cumulus.com Phone(404) 949-0700Fax404-949-0740Employees3,367Year FoundedN/APrice Target and Rating Average Stock Price Target$9.50 High Stock Price Target$11.00 Low Stock Price Target$8.00 Potential Upside/Downside+194.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($7.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,880,000.00 Net Margins-13.96% Pretax Margin-11.92% Return on Equity-17.50% Return on Assets-4.15% Debt Debt-to-Equity Ratio3.06 Current Ratio2.00 Quick Ratio2.00 Sales & Book Value Annual Sales$844.55 million Price / Sales0.06 Cash Flow$4.19 per share Price / Cash Flow0.77 Book Value$17.32 per share Price / Book0.19Miscellaneous Outstanding Shares16,670,000Free Float15,624,000Market Cap$53.84 million OptionableOptionable Beta1.50 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMs. Mary G. Berner (Age 65)President, CEO & Director Comp: $3.22MMr. Richard S. Denning (Age 57)Executive VP, Secretary & General Counsel Comp: $963.1kMr. Dave Milner (Age 55)President of Operations Mr. Robert J Walker (Age 63)President of Operations Key CompetitorsEmmis CommunicationsNASDAQ:EMMSEntercom CommunicationsNYSE:ETMBeasley Broadcast GroupNASDAQ:BBGISalem Media GroupNASDAQ:SALMUrban OneNASDAQ:UONEKView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 10,567 shares on 3/25/2024Ownership: 0.063%GSA Capital Partners LLPBought 51,081 shares on 2/16/2024Ownership: 0.464%Bridgeway Capital Management LLCBought 82,200 shares on 2/15/2024Ownership: 0.964%Citadel Advisors LLCSold 17,800 shares on 2/15/2024Ownership: 0.000%Wolverine Trading LLCSold 24,200 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions CMLS Stock Analysis - Frequently Asked Questions Should I buy or sell Cumulus Media stock right now? 3 Wall Street 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 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 brokers have issued 12-month price targets for Cumulus Media's stock. Their CMLS share price targets range from $8.00 to $11.00. On average, they expect the company's share price to reach $9.50 in the next year. This suggests a possible upside of 194.1% 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 stock has decreased by 39.3% and is now trading at $3.23. View the best growth stocks for 2024 here. Are investors shorting Cumulus Media? Cumulus Media saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 245,200 shares, an increase of 52.4% from the February 29th total of 160,900 shares. Based on an average daily volume of 68,900 shares, the short-interest ratio is currently 3.6 days. Currently, 2.1% 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 Thursday, April 25th 2024. View our CMLS earnings forecast. 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) earnings per share for the quarter, missing analysts' consensus estimates of ($0.59) by $2.01. The company had revenue of $221.30 million for the quarter, compared to the consensus estimate of $220.07 million. Cumulus Media had a negative trailing twelve-month return on equity of 17.50% and a negative net margin of 13.96%. 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). Who are Cumulus Media's major shareholders? Cumulus Media's stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.36%), Bridgeway Capital Management LLC (0.96%), Federated Hermes Inc. (0.77%), GSA Capital Partners LLP (0.46%), Northern Trust Corp (0.40%) and UBS Group AG (0.37%). Insiders that own company stock include David Edward Milner and Richard Denning. View institutional ownership trends. 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. 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