Townsquare Media, Inc. (NYSE:TSQ – Free Report) – Research analysts at Barrington Research reduced their FY2026 EPS estimates for shares of Townsquare Media in a report issued on Thursday, August 7th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings of $0.73 per share for the year, down from their previous estimate of $0.81. Barrington Research has a “Outperform” rating and a $13.00 price target on the stock. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share. Barrington Research also issued estimates for Townsquare Media’s Q4 2026 earnings at $0.36 EPS.
TSQ has been the topic of several other research reports. Noble Financial reissued a “buy” rating and set a $21.00 price target on shares of Townsquare Media in a research report on Friday, May 9th. Wall Street Zen cut shares of Townsquare Media from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 16th.
Townsquare Media Trading Down 0.9%
Shares of TSQ stock opened at $6.63 on Friday. The company’s 50-day moving average price is $7.45 and its 200-day moving average price is $7.67. The stock has a market cap of $108.41 million, a price-to-earnings ratio of 3.28, a PEG ratio of 1.20 and a beta of 1.15. Townsquare Media has a twelve month low of $6.47 and a twelve month high of $11.37.
Townsquare Media (NYSE:TSQ – Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $115.45 million during the quarter, compared to analyst estimates of $114.77 million. Townsquare Media had a net margin of 7.93% and a negative return on equity of 56.87%.
Townsquare Media Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Monday, October 27th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend is Monday, October 27th. Townsquare Media’s dividend payout ratio is currently 39.60%.
Insider Activity
In other news, COO Erik Hellum sold 10,000 shares of the stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $7.09, for a total transaction of $70,900.00. Following the sale, the chief operating officer owned 723,948 shares of the company’s stock, valued at approximately $5,132,791.32. This represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 35,000 shares of company stock worth $246,267 over the last 90 days. 30.50% of the stock is currently owned by corporate insiders.
Institutional Trading of Townsquare Media
A number of large investors have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Townsquare Media during the second quarter worth approximately $158,000. Access Investment Management LLC purchased a new stake in shares of Townsquare Media during the second quarter worth approximately $3,160,000. Corton Capital Inc. purchased a new stake in shares of Townsquare Media during the second quarter worth approximately $227,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Townsquare Media during the second quarter worth approximately $295,000. Finally, Boyar Asset Management Inc. increased its stake in shares of Townsquare Media by 17.7% during the second quarter. Boyar Asset Management Inc. now owns 42,540 shares of the company’s stock worth $336,000 after buying an additional 6,387 shares during the period. 71.69% of the stock is currently owned by hedge funds and other institutional investors.
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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