Townsquare Media (NYSE:TSQ) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of Townsquare Media (NYSE:TSQ) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

Several other research analysts have also issued reports on TSQ. Zacks Research lowered shares of Townsquare Media from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price objective on shares of Townsquare Media in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Townsquare Media from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $10.00.

Townsquare Media Trading Up 2.8%

Shares of TSQ stock opened at $6.51 on Friday. The stock has a market cap of $111.25 million, a price-to-earnings ratio of -2.26, a PEG ratio of 2.57 and a beta of 1.22. The stock has a 50-day moving average of $6.54 and a 200-day moving average of $6.48. Townsquare Media has a 1-year low of $4.30 and a 1-year high of $7.97.

Townsquare Media (NYSE:TSQ) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. Townsquare Media had a negative return on equity of 7.18% and a negative net margin of 11.82%.The company had revenue of $114.00 million during the quarter, compared to the consensus estimate of $114.74 million. Sell-side analysts forecast that Townsquare Media will post 0.21 earnings per share for the current year.

Townsquare Media Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 12.3%. Townsquare Media’s dividend payout ratio (DPR) is currently -27.78%.

Insider Buying and Selling

In other Townsquare Media news, COO Erik Hellum sold 35,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $6.44, for a total transaction of $225,400.00. Following the transaction, the chief operating officer directly owned 914,542 shares in the company, valued at approximately $5,889,650.48. This represents a 3.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Robert L. Worshek sold 34,299 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $6.62, for a total value of $227,059.38. Following the transaction, the chief accounting officer owned 142,722 shares in the company, valued at $944,819.64. The trade was a 19.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 30.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Townsquare Media during the second quarter valued at about $33,000. Algert Global LLC bought a new position in shares of Townsquare Media during the 3rd quarter worth about $72,000. XTX Topco Ltd acquired a new stake in shares of Townsquare Media in the 4th quarter valued at about $83,000. Occudo Quantitative Strategies LP acquired a new stake in shares of Townsquare Media in the 2nd quarter valued at about $101,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Townsquare Media in the 1st quarter valued at about $129,000. 71.69% of the stock is owned by institutional investors.

Townsquare Media News Summary

Here are the key news stories impacting Townsquare Media this week:

• Positive Sentiment: Adjusted earnings beat expectations: Townsquare reported second-quarter adjusted EPS of $0.21, exceeding the $0.19 consensus estimate, although revenue of $114.0 million was slightly below the $114.74 million forecast. EPS was $0.22 in the year-ago quarter. Townsquare Media Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Digital advertising momentum accelerated: Digital advertising revenue grew 11% year over year in the second quarter. Digital represented 57% of first-half revenue and 59% of segment profit, while the company said its media-partnership business is on pace to more than double revenue in 2026 and now serves 16 partners. Townsquare Reports Second Quarter 2026 Results
• Positive Sentiment: High dividend yield supports the shares: Townsquare declared a quarterly dividend of $0.20 per share, payable November 2 to shareholders of record October 26. The payment implies $0.80 annually and a reported yield of approximately 12.7%, subject to future company decisions.
• Neutral Sentiment: Near-term outlook is mixed: Third-quarter revenue guidance of $108 million to $110 million brackets the $109 million consensus estimate, while the company’s media-partnership expansion and digital strategy were key topics in management’s earnings call. Townsquare Q2 2026 Earnings Call Transcript
• Negative Sentiment: Impairment and weaker full-year revenue outlook remain concerns: A large impairment charge clouded the digital growth story and contributed to reported profitability pressures. Full-year 2026 revenue guidance of $425 million to $431 million is below the $432.4 million analyst consensus, signaling limited expectations for top-line growth. Digital Growth Clouded by Big Impairment Charge for TSQ

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.