Research Analysts Offer Predictions for TSQ Q3 Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Analysts at Noble Financial cut their Q3 2026 EPS estimates for Townsquare Media in a note issued to investors on Tuesday, March 17th. Noble Financial analyst M. Kupinski now anticipates that the company will earn $0.09 per share for the quarter, down from their prior estimate of $0.16. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share. Noble Financial also issued estimates for Townsquare Media’s Q4 2026 earnings at $0.25 EPS.

Townsquare Media (NYSE:TSQ) last posted its earnings results on Monday, March 16th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.06). Townsquare Media had a negative return on equity of 13.74% and a negative net margin of 2.58%.The business had revenue of $106.50 million during the quarter, compared to the consensus estimate of $106.40 million.

Several other research firms have also recently issued reports on TSQ. Barrington Research reduced their target price on Townsquare Media from $12.00 to $10.00 and set an “outperform” rating on the stock in a research note on Tuesday. Wall Street Zen lowered Townsquare Media from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Townsquare Media in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $15.50.

Townsquare Media Stock Performance

NYSE TSQ opened at $5.27 on Wednesday. The stock has a market cap of $86.74 million, a P/E ratio of -7.42, a price-to-earnings-growth ratio of 0.77 and a beta of 0.96. Townsquare Media has a fifty-two week low of $4.30 and a fifty-two week high of $9.31. The stock has a 50 day simple moving average of $6.57 and a two-hundred day simple moving average of $6.14.

Townsquare Media Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Monday, April 27th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, April 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 15.2%. Townsquare Media’s dividend payout ratio is -112.68%.

Insider Activity

In other news, COO Erik Hellum sold 7,437 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $5.54, for a total value of $41,200.98. Following the completion of the transaction, the chief operating officer owned 1,029,150 shares of the company’s stock, valued at approximately $5,701,491. This represents a 0.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 19,652 shares of company stock valued at $106,335. 30.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Townsquare Media

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TSQ. Beck Mack & Oliver LLC raised its holdings in Townsquare Media by 8.6% in the fourth quarter. Beck Mack & Oliver LLC now owns 1,073,600 shares of the company’s stock worth $5,518,000 after purchasing an additional 85,000 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Townsquare Media by 18.0% during the 2nd quarter. American Century Companies Inc. now owns 856,651 shares of the company’s stock valued at $6,776,000 after buying an additional 130,537 shares in the last quarter. RBF Capital LLC grew its position in shares of Townsquare Media by 862.7% in the 2nd quarter. RBF Capital LLC now owns 422,931 shares of the company’s stock worth $3,345,000 after buying an additional 379,000 shares during the period. Gamco Investors INC. ET AL grew its position in shares of Townsquare Media by 2.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 383,107 shares of the company’s stock worth $3,030,000 after buying an additional 9,075 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Townsquare Media by 52.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 271,693 shares of the company’s stock worth $2,212,000 after acquiring an additional 93,753 shares in the last quarter. 71.69% of the stock is owned by hedge funds and other institutional investors.

About Townsquare Media

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.