Noble Financial Issues Pessimistic Forecast for TSQ Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Stock analysts at Noble Financial decreased their Q4 2026 earnings per share estimates for Townsquare Media in a report released on Friday, August 7th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of $0.16 for the quarter, down from their previous forecast of $0.33. The consensus estimate for Townsquare Media’s current full-year earnings is $0.21 per share. Noble Financial also issued estimates for Townsquare Media’s FY2027 earnings at $0.55 EPS.

TSQ has been the topic of several other reports. Weiss Ratings upgraded Townsquare Media from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 13th. Barrington Research reiterated an “outperform” rating and set a $10.00 price target on shares of Townsquare Media in a research report on Monday, May 11th. Wall Street Zen downgraded shares of Townsquare Media from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Zacks Research cut shares of Townsquare Media from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Townsquare Media has a consensus rating of “Reduce” and an average target price of $10.00.

Townsquare Media Trading Down 8.0%

Shares of NYSE:TSQ opened at $5.96 on Tuesday. The company has a 50 day moving average of $6.53 and a 200 day moving average of $6.49. The stock has a market cap of $101.95 million, a P/E ratio of -2.07, a P/E/G ratio of 2.57 and a beta of 1.22. Townsquare Media has a 12 month low of $4.30 and a 12 month high of $7.97.

Townsquare Media (NYSE:TSQ) last released its earnings results on Thursday, August 6th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. Townsquare Media had a negative return on equity of 5.59% and a negative net margin of 11.82%.The business had revenue of $114.00 million during the quarter, compared to analysts’ expectations of $114.74 million.

Townsquare Media Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 26th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, October 26th. This represents a $0.80 dividend on an annualized basis and a yield of 13.4%. Townsquare Media’s dividend payout ratio is presently -27.78%.

Insiders Place Their Bets

In other Townsquare Media news, CAO Robert L. Worshek sold 34,299 shares of Townsquare Media stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $6.62, for a total transaction of $227,059.38. Following the completion of the sale, the chief accounting officer directly owned 142,722 shares of the company’s stock, valued at $944,819.64. The trade was a 19.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Erik Hellum sold 35,000 shares of Townsquare Media stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $6.44, for a total value of $225,400.00. Following the completion of the sale, the chief operating officer owned 914,542 shares of the company’s stock, valued at $5,889,650.48. The trade was a 3.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 30.30% of the company’s stock.

Institutional Trading of Townsquare Media

A number of institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Townsquare Media during the second quarter valued at $33,000. Algert Global LLC purchased a new position in shares of Townsquare Media in the third quarter worth about $72,000. XTX Topco Ltd acquired a new stake in shares of Townsquare Media during the fourth quarter worth about $83,000. Occudo Quantitative Strategies LP purchased a new stake in Townsquare Media in the second quarter valued at approximately $101,000. Finally, Cetera Investment Advisers purchased a new stake in Townsquare Media in the first quarter valued at approximately $129,000. 71.69% of the stock is currently owned by institutional investors and hedge funds.

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.