Townsquare Media (NYSE:TSQ) Announces Earnings Results, Hits Estimates

Townsquare Media (NYSE:TSQ) released its quarterly earnings results on Monday. The company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $116.41 million. During the same period last year, the firm earned $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 %

TSQ opened at $8.03 on Wednesday. The company’s 50 day moving average is $8.75 and its 200-day moving average is $9.55. Townsquare Media has a 1-year low of $7.56 and a 1-year high of $13.57. The company has a market cap of $124.76 million, a P/E ratio of -2.96, a PEG ratio of 0.58 and a beta of 1.33.

Townsquare Media Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Thursday, April 17th will be paid a $0.20 dividend. This is an increase from Townsquare Media’s previous quarterly dividend of $0.20. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.97%. The ex-dividend date of this dividend is Thursday, April 17th. Townsquare Media’s dividend payout ratio (DPR) is presently -29.15%.

Insider Activity

In related news, EVP Scott Schatz sold 5,000 shares of Townsquare Media stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $9.64, for a total transaction of $48,200.00. Following the sale, the executive vice president now directly owns 38,068 shares in the company, valued at $366,975.52. This trade represents a 11.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 19,594 shares of company stock worth $186,882. Corporate insiders own 30.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TSQ. Barrington Research reiterated an “outperform” rating and set a $15.00 price objective on shares of Townsquare Media in a research note on Tuesday. Noble Financial reiterated an “outperform” rating and set a $21.00 price objective on shares of Townsquare Media in a research note on Friday, January 24th.

Townsquare Media Company Profile

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.