Noble Financial Analysts Decrease Earnings Estimates for TSQ

Townsquare Media, Inc. (NYSE:TSQ) – Equities researchers at Noble Financial lowered their FY2026 earnings per share estimates for shares of Townsquare Media in a research report issued on Tuesday, March 18th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of $1.57 for the year, down from their prior estimate of $1.68. Noble Financial currently has a “Outperform” rating and a $21.00 price objective on the stock. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share.

Townsquare Media (NYSE:TSQ) last issued its earnings results on Monday, March 17th. The company reported $0.60 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 period last year, the business earned $0.34 earnings per share.

Separately, Barrington Research restated an “outperform” rating and set a $15.00 price target on shares of Townsquare Media in a research note on Tuesday.

Townsquare Media Stock Performance

NYSE:TSQ opened at $8.03 on Wednesday. The company has a 50-day moving average of $8.75 and a 200-day moving average of $9.55. Townsquare Media has a 52 week low of $7.56 and a 52 week high of $13.57. The company has a market capitalization of $124.76 million, a price-to-earnings ratio of -2.96, a PEG ratio of 0.58 and a beta of 1.33.

Townsquare Media Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost 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%. Townsquare Media’s dividend payout ratio (DPR) is presently -29.15%.

Insider Activity

In other news, EVP Scott Schatz sold 5,000 shares of the business’s 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 transaction, the executive vice president now directly owns 38,068 shares of the company’s stock, valued at $366,975.52. The trade was a 11.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 19,594 shares of company stock worth $186,882. Corporate insiders own 30.50% of the company’s stock.

Hedge Funds Weigh In On Townsquare Media

Several institutional investors have recently bought and sold shares of TSQ. Wells Fargo & Company MN grew its holdings 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 worth $57,000 after purchasing an additional 2,259 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Townsquare Media by 28.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,698 shares of the company’s stock worth $68,000 after acquiring an additional 1,503 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in Townsquare Media during the 4th quarter worth about $69,000. Russell Investments Group Ltd. increased its position in Townsquare Media by 1,086.0% in the 4th 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 in the last quarter. Finally, Hillsdale Investment Management Inc. raised its stake in shares of Townsquare Media by 47.0% in the fourth quarter. Hillsdale Investment Management Inc. now owns 27,200 shares of the company’s stock worth $247,000 after acquiring an additional 8,700 shares during the last quarter. Institutional investors own 71.69% of the company’s stock.

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.