Entravision Communications (NYSE:EVC) Shares Gap Down – Here’s What Happened

Shares of Entravision Communications Corporation (NYSE:EVCGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $11.70, but opened at $10.11. Entravision Communications shares last traded at $10.2860, with a volume of 1,043,742 shares traded.

More Entravision Communications News

Here are the key news stories impacting Entravision Communications this week:

  • Positive Sentiment: Q2 earnings and revenue beat estimates. Entravision reported adjusted earnings of $0.19 per share, versus the $0.10 consensus estimate, while revenue reached $227.9 million compared with expectations of $121.49 million. Entravision Reports Second Quarter 2026 Results
  • Positive Sentiment: Strong year-over-year rebound and cash generation. Revenue increased 126.2% from the prior-year period, gross profit rose to $110.0 million, operating profit reached $30.0 million, and net income attributable to common shareholders was $19.7 million, or $0.19 per diluted share. Operating cash flow was $23.8 million, while cash and equivalents increased to $81.6 million. Entravision Stock Rises on Q2 Earnings
  • Positive Sentiment: Quarterly dividend maintained. Entravision declared a $0.05-per-share dividend payable September 30 to shareholders of record September 16. The indicated annualized payout is $0.20 per share, representing a yield of approximately 1.7% based on the supplied stock information.
  • Neutral Sentiment: Growth was uneven across the business. Media-segment revenue declined 1% year over year because of lower broadcast advertising and spectrum-rights revenue, partly offset by gains in digital advertising and retransmission fees. Capital spending remained modest at $3.3 million.
  • Negative Sentiment: Insider selling remains a concern. Reported insider activity over the past six months consisted of nine sales and no purchases, including substantial selling by Alexandra Seros and Paul A. Zevnik. The company also retains significant leverage, with a debt-to-equity ratio of 2.19.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EVC. Wall Street Zen raised shares of Entravision Communications from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Entravision Communications in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on Entravision Communications

Entravision Communications Stock Down 20.7%

The company has a market capitalization of $852.75 million, a price-to-earnings ratio of -41.77 and a beta of 1.72. The business has a 50-day simple moving average of $10.90 and a two-hundred day simple moving average of $6.62. The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.40 and a current ratio of 1.40.

Entravision Communications (NYSE:EVCGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.09. The firm had revenue of $227.90 million during the quarter, compared to the consensus estimate of $121.49 million. Entravision Communications had a negative net margin of 3.41% and a negative return on equity of 25.31%.

Entravision Communications Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 2.2%. Entravision Communications’s dividend payout ratio is presently -90.91%.

Insider Buying and Selling at Entravision Communications

In related news, major shareholder Alexandra Seros sold 427,991 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $9.17, for a total transaction of $3,924,677.47. Following the sale, the insider owned 6,823,139 shares of the company’s stock, valued at $62,568,184.63. This trade represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul A. Zevnik sold 324,686 shares of Entravision Communications stock in a transaction on Friday, June 12th. The shares were sold at an average price of $9.67, for a total value of $3,139,713.62. Following the completion of the sale, the director directly owned 2,107,582 shares of the company’s stock, valued at approximately $20,380,317.94. This represents a 13.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,161,408 shares of company stock worth $27,061,999 over the last 90 days. Company insiders own 9.12% of the company’s stock.

Institutional Investors Weigh In On Entravision Communications

A number of institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in Entravision Communications in the first quarter valued at approximately $28,000. BNP Paribas Financial Markets lifted its stake in Entravision Communications by 86.4% during the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock valued at $29,000 after purchasing an additional 5,702 shares during the last quarter. IMC Chicago LLC acquired a new position in shares of Entravision Communications in the 1st quarter worth $30,000. StoneX Group Inc. acquired a new stake in shares of Entravision Communications during the fourth quarter valued at approximately $35,000. Finally, Vise Technologies Inc. acquired a new stake in shares of Entravision Communications during the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 69.46% of the company’s stock.

Entravision Communications Company Profile

(Get Free Report)

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.

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