Townsquare Media’s (TSQ) Outperform Rating Reiterated at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Townsquare Media (NYSE:TSQ) in a research report released on Tuesday morning,Benzinga reports. They currently have a $15.00 price objective on the stock. Barrington Research also issued estimates for Townsquare Media’s Q1 2025 earnings at ($0.07) EPS, Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $0.85 EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at $0.34 EPS, Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $1.11 EPS and FY2027 earnings at $0.84 EPS.

Separately, Noble Financial reaffirmed an “outperform” rating and issued a $21.00 price target on shares of Townsquare Media in a report on Friday, January 24th.

Townsquare Media Stock Performance

Shares of Townsquare Media stock opened at $7.85 on Tuesday. Townsquare Media has a one year low of $7.56 and a one year high of $13.57. The company has a market cap of $122.04 million, a PE ratio of -2.90, a P/E/G ratio of 0.58 and a beta of 1.33. The business has a 50-day simple moving average of $8.69 and a 200-day simple moving average of $9.53.

Townsquare Media (NYSE:TSQ) last announced its quarterly earnings results on Monday, March 17th. The company reported $0.60 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $117.81 million during the quarter, compared to the consensus estimate of $116.41 million. Townsquare Media had a negative return on equity of 57.10% and a negative net margin of 8.84%. During the same period in the prior year, the company posted $0.34 earnings per share. On average, sell-side analysts predict that Townsquare Media will post 1.07 earnings per share for the current fiscal year.

Townsquare Media Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 17th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 10.19%. This is an increase from Townsquare Media’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, April 17th. Townsquare Media’s dividend payout ratio is -29.15%.

Insider Activity

In other news, EVP Scott Schatz sold 5,000 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $9.64, for a total value of $48,200.00. Following the completion of the sale, the executive vice president now directly owns 38,068 shares of the company’s stock, valued at approximately $366,975.52. This represents a 11.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 14,594 shares of company stock valued at $138,632. 30.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Townsquare Media

Large investors have recently modified their holdings of the company. Wells Fargo & Company MN boosted its holdings in shares of Townsquare Media by 56.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,296 shares of the company’s stock valued at $57,000 after acquiring an additional 2,259 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Townsquare Media by 28.9% in the third quarter. BNP Paribas Financial Markets now owns 6,698 shares of the company’s stock valued at $68,000 after acquiring an additional 1,503 shares during the period. Wealthfront Advisers LLC acquired a new stake in shares of Townsquare Media in the fourth quarter valued at approximately $69,000. Russell Investments Group Ltd. raised its stake in shares of Townsquare Media by 1,086.0% during the fourth quarter. Russell Investments Group Ltd. now owns 8,409 shares of the company’s stock worth $76,000 after purchasing an additional 7,700 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Townsquare Media by 47.0% during the fourth quarter. Hillsdale Investment Management Inc. now owns 27,200 shares of the company’s stock worth $247,000 after purchasing an additional 8,700 shares during the last quarter. 71.69% of the stock is owned by institutional investors and hedge funds.

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.