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

Barrington Research restated their outperform rating on shares of Townsquare Media (NYSE:TSQ) in a research note released on Tuesday morning,Benzinga reports. The firm currently has 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 restated an “outperform” rating and issued a $21.00 price target on shares of Townsquare Media in a research report on Friday, January 24th.

Townsquare Media Price Performance

Townsquare Media stock opened at $7.85 on Tuesday. Townsquare Media has a 12 month low of $7.56 and a 12 month high of $13.57. The business has a 50 day simple moving average of $8.69 and a 200-day simple moving average of $9.53. The stock has a market capitalization of $122.04 million, a PE ratio of -2.90, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33.

Townsquare Media (NYSE:TSQ) last released its quarterly earnings data on Monday, March 17th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.60. The firm had revenue of $117.81 million during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business posted $0.34 earnings per share. As a group, equities research analysts anticipate that Townsquare Media will post 1.07 EPS for the current year.

Townsquare Media Increases Dividend

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

Insider Activity

In related news, EVP Scott Schatz sold 5,000 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $9.64, for a total transaction of $48,200.00. Following the sale, the executive vice president now owns 38,068 shares of the company’s stock, valued at $366,975.52. This trade 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 is available at the SEC website. Insiders sold a total of 14,594 shares of company stock worth $138,632 over the last 90 days. 30.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Townsquare Media

Large investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its stake in shares of Townsquare Media by 56.0% during 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 last quarter. BNP Paribas Financial Markets boosted its stake in shares of Townsquare Media by 28.9% during 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 last quarter. Wealthfront Advisers LLC acquired a new stake in shares of Townsquare Media during the fourth quarter valued at $69,000. Russell Investments Group Ltd. boosted 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 valued at $76,000 after acquiring an additional 7,700 shares during the last quarter. Finally, Hillsdale Investment Management Inc. boosted 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 valued at $247,000 after acquiring an additional 8,700 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

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.