Noble Financial Cuts Earnings Estimates for Townsquare Media

Townsquare Media, Inc. (NYSE:TSQ) – Equities researchers at Noble Financial decreased their Q4 2026 EPS estimates for Townsquare Media in a report released on Friday, August 7th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings of $0.16 per share for the quarter, down from their prior estimate 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.

A number of other equities analysts have also issued reports on the stock. Weiss Ratings raised shares of Townsquare Media from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 13th. Wall Street Zen cut shares of Townsquare Media from a “buy” rating to a “hold” rating in a research report on Saturday. Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of Townsquare Media in a research report on Monday, May 11th. Finally, Zacks Research cut Townsquare Media from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $10.00.

Townsquare Media Price Performance

Shares of NYSE:TSQ opened at $5.96 on Tuesday. Townsquare Media has a 1 year low of $4.30 and a 1 year high of $7.97. The firm has a market capitalization 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. The business’s 50-day moving average is $6.53 and its 200 day moving average is $6.49.

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

Townsquare Media Announces Dividend

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 $0.20 dividend. The ex-dividend date is Monday, October 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.4%. Townsquare Media’s payout ratio is -27.78%.

Insider Buying and Selling at Townsquare Media

In related news, CAO Robert L. Worshek sold 34,299 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 142,722 shares in the company, valued at approximately $944,819.64. This represents a 19.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Erik Hellum sold 35,000 shares of the stock in a transaction 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 completion of the sale, the chief operating officer directly owned 914,542 shares of the company’s stock, valued at $5,889,650.48. The trade was a 3.69% decrease in their position. The disclosure for this sale is available in the SEC filing. 30.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Townsquare Media

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Townsquare Media during the second quarter worth $33,000. Algert Global LLC bought a new position in Townsquare Media during the third quarter worth about $72,000. Occudo Quantitative Strategies LP bought a new position in shares of Townsquare Media during the 2nd quarter worth approximately $101,000. XTX Topco Ltd bought a new stake in Townsquare Media in the fourth quarter valued at $83,000. Finally, Rhumbline Advisers lifted its holdings in shares of Townsquare Media by 23.2% during the first quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock valued at $147,000 after acquiring an additional 3,393 shares during the period. Institutional investors and hedge funds own 71.69% of the company’s stock.

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.