Townsquare Media (NYSE:TSQ) Issues Quarterly Earnings Results, Meets Estimates

Townsquare Media (NYSE:TSQ) announced its earnings results on Monday. The company reported $0.60 EPS for the quarter, hitting the consensus estimate of $0.60, RTT News reports. Townsquare Media had a negative net margin of 8.84% and a negative return on equity of 57.10%. The business had revenue of $117.81 million during the quarter, compared to analysts’ expectations of $116.41 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. Townsquare Media updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Townsquare Media Trading Down 1.4 %

NYSE TSQ opened at $8.03 on Wednesday. The firm’s fifty day moving average price is $8.75 and its two-hundred day moving average price is $9.55. Townsquare Media has a 1 year low of $7.56 and a 1 year high of $13.57. The firm has a market capitalization of $124.76 million, a P/E ratio of -2.96, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33.

Townsquare Media Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 17th will be given a dividend of $0.20 per share. This is a positive change from Townsquare Media’s previous quarterly dividend of $0.20. This represents a $0.80 annualized dividend and a yield of 9.97%. The ex-dividend date is Thursday, April 17th. Townsquare Media’s dividend payout ratio is -29.15%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Barrington Research restated an “outperform” rating and set a $15.00 target price on shares of Townsquare Media in a report on Tuesday. Noble Financial restated an “outperform” rating and set a $21.00 target price on shares of Townsquare Media in a report on Friday, January 24th.

Insider Activity

In other news, EVP Claire Marie Yenicay sold 5,000 shares of the stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $9.65, for a total value of $48,250.00. Following the transaction, the executive vice president now directly owns 207,393 shares of the company’s stock, valued at $2,001,342.45. This represents a 2.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Scott Schatz sold 4,594 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $9.65, for a total transaction of $44,332.10. Following the completion of the transaction, the executive vice president now directly owns 31,366 shares in the company, valued at $302,681.90. The trade was a 12.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,594 shares of company stock valued at $186,882 over the last ninety days. 30.50% of the stock is currently owned by company insiders.

About Townsquare Media

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.