Key Points
- CEO Bill Wilson sold shares: Wilson sold 126,744 Townsquare Media shares for approximately $711,000, followed by another 21,420 shares worth about $119,000. He still owned roughly 3 million shares after the transactions.
- Quarterly results slightly beat expectations: Townsquare reported earnings of $0.21 per share versus the $0.19 consensus estimate, while revenue of $114 million fell slightly short of expectations. The company maintains a quarterly dividend of $0.20 per share, representing a 14.2% annualized yield at the cited share price.
- Investor sentiment is mixed to negative: Several analysts downgraded the stock or reduced earnings forecasts, resulting in a consensus “Reduce” rating, although Barrington Research maintained an “outperform” rating with a $10 price target.
Townsquare Media, Inc. (NYSE:TSQ - Get Free Report) CEO Bill Wilson sold 21,420 shares of the business's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $5.54, for a total transaction of $118,666.80. Following the sale, the chief executive officer directly owned 2,979,061 shares in the company, valued at approximately $16,503,997.94. This represents a 0.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Bill Wilson also recently made the following trade(s):
- On Tuesday, August 11th, Bill Wilson sold 126,744 shares of Townsquare Media stock. The shares were sold at an average price of $5.61, for a total transaction of $711,033.84.
Townsquare Media Price Performance
Shares of NYSE:TSQ opened at $5.65 on Thursday. The business's 50 day simple moving average is $6.49 and its 200-day simple moving average is $6.49. The firm has a market capitalization of $96.61 million, a price-to-earnings ratio of -1.96, a price-to-earnings-growth ratio of 22.96 and a beta of 1.22. Townsquare Media, Inc. has a 12 month low of $4.30 and a 12 month high of $7.97.
Townsquare Media (NYSE:TSQ - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $114.00 million during the quarter, compared to the consensus estimate of $114.74 million. Townsquare Media had a negative return on equity of 5.59% and a negative net margin of 11.82%. On average, equities analysts anticipate that Townsquare Media, Inc. will post 0.02 earnings per share for the current year.
Townsquare Media Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 26th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 14.2%. The ex-dividend date of this dividend is Monday, October 26th. Townsquare Media's payout ratio is -27.78%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on TSQ shares. Zacks Research cut shares of Townsquare Media from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Barrington Research reiterated an "outperform" rating and issued a $10.00 price target on shares of Townsquare Media in a research report on Monday, May 11th. Wall Street Zen cut shares of Townsquare Media from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Weiss Ratings lowered Townsquare Media from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, Townsquare Media has an average rating of "Reduce" and an average target price of $10.00.
View Our Latest Stock Analysis on TSQ
Townsquare Media News Roundup
Here are the key news stories impacting Townsquare Media this week:
- Positive Sentiment: Expansion of digital advertising platform: Townsquare announced a partnership with Muirfield Broadcasting in North Carolina’s Sandhills and Moore County. Through its Media Partnerships division, Townsquare will provide proprietary technology and data-driven digital advertising services, expanding the platform to 16 alliances and 41 additional markets. The partnership could broaden Townsquare’s advertiser base and generate incremental digital revenue, although financial terms were not disclosed. Townsquare Announces Digital Advertising Partnership with Muirfield Broadcasting
- Neutral Sentiment: Digital growth remains strategically important: Townsquare said digital advertising now contributes more than half of its total revenue and profit. The partnership model may support further diversification away from traditional broadcast advertising, but the company has not provided performance data for the Media Partnerships division.
- Negative Sentiment: CEO reduced his stake: CEO Bill Wilson sold 126,744 shares for approximately $711,000 on August 11 and another 21,420 shares for roughly $119,000 on August 12. The combined sales reduced his ownership by about 148,000 shares, or approximately 4.8% of his position across the disclosed transactions. Although he continues to own nearly 3.0 million shares, repeated insider selling can weigh on investor sentiment. SEC Insider Transaction Filing
- Negative Sentiment: Analyst estimates were cut: Noble Financial lowered its Q3 2026 EPS forecast to $0.14 from $0.15, reduced its Q4 estimate to $0.16 from $0.33, and cut its FY2027 forecast to $0.55 from $0.69. The revisions suggest expectations for weaker near-term profitability and may limit the stock’s upside.
Institutional Investors Weigh In On Townsquare Media
Several hedge funds have recently modified their holdings of TSQ. Beck Mack & Oliver LLC lifted its stake in shares of Townsquare Media by 8.6% during the fourth quarter. Beck Mack & Oliver LLC now owns 1,073,600 shares of the company's stock valued at $5,518,000 after buying an additional 85,000 shares during the period. Gamco Investors INC. ET AL raised its holdings in Townsquare Media by 3.3% in the 1st quarter. Gamco Investors INC. ET AL now owns 384,518 shares of the company's stock valued at $2,088,000 after acquiring an additional 12,300 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Townsquare Media by 52.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 271,693 shares of the company's stock worth $2,212,000 after purchasing an additional 93,753 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Townsquare Media by 5.6% during the fourth quarter. Geode Capital Management LLC now owns 153,075 shares of the company's stock worth $787,000 after purchasing an additional 8,177 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Townsquare Media by 16.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 95,972 shares of the company's stock worth $493,000 after purchasing an additional 13,373 shares during the last quarter. 71.69% of the stock is owned by institutional investors and hedge funds.
Townsquare Media Company Profile
(
Get Free Report)
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.
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