Townsquare Media, Inc. (TSQ) to Issue Quarterly Dividend of $0.20 on February 2nd

Townsquare Media, Inc. (NYSE:TSQ) announced a quarterly dividend on Monday, November 10th. Shareholders of record on Monday, January 26th will be paid a dividend of 0.20 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 14.8%. The ex-dividend date is Monday, January 26th.

Townsquare Media has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 3 years. Townsquare Media has a dividend payout ratio of 71.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Townsquare Media to earn $1.29 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 62.0%.

Townsquare Media Stock Down 0.3%

NYSE:TSQ opened at $5.40 on Wednesday. The firm’s fifty day simple moving average is $6.56 and its 200-day simple moving average is $6.98. The stock has a market cap of $88.84 million, a PE ratio of 2.67, a price-to-earnings-growth ratio of 1.88 and a beta of 1.16. Townsquare Media has a fifty-two week low of $5.26 and a fifty-two week high of $10.50.

Townsquare Media (NYSE:TSQ) last issued its earnings results on Monday, November 10th. The company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. Townsquare Media had a net margin of 7.93% and a negative return on equity of 56.87%. The company had revenue of $106.76 million for the quarter, compared to analyst estimates of $107.96 million. Townsquare Media has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities analysts anticipate that Townsquare Media will post 1.07 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on TSQ. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Townsquare Media in a report on Wednesday, October 8th. Barrington Research dropped their price target on Townsquare Media from $13.00 to $12.00 and set an “outperform” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.50.

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.