Townsquare Media (NYSE:TSQ) Announces Earnings Results

Townsquare Media (NYSE:TSQ) announced its quarterly earnings results on Monday. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07, RTT News reports. 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. Townsquare Media updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Townsquare Media Stock Up 1.9 %

NYSE:TSQ opened at $7.76 on Monday. The company has a market capitalization of $120.57 million, a PE ratio of -2.86, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33. Townsquare Media has a 52-week low of $7.56 and a 52-week high of $13.57. The stock has a fifty day simple moving average of $8.80 and a 200-day simple moving average of $9.59.

Insider Buying and Selling at Townsquare Media

In related news, EVP Claire Marie Yenicay sold 5,000 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $9.65, for a total value of $48,250.00. Following the completion of the transaction, the executive vice president now owns 207,393 shares of the company’s stock, valued at approximately $2,001,342.45. The trade was a 2.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Scott Schatz sold 4,594 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $9.65, for a total transaction of $44,332.10. Following the sale, the executive vice president now directly owns 31,366 shares in the company, valued at $302,681.90. This represents a 12.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,094 shares of company stock valued at $191,807 over the last quarter. Corporate insiders own 30.50% of the company’s stock.

Analysts Set New Price Targets

Separately, Noble Financial restated an “outperform” rating and set a $21.00 price target on shares of Townsquare Media in a research note on Friday, January 24th.

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.