Noble Financial Issues Pessimistic Estimate for TSQ Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Investment analysts at Noble Financial decreased their FY2025 earnings per share estimates for shares of Townsquare Media in a report released on Tuesday, February 25th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of $1.08 per share for the year, down from their previous estimate of $1.43. Noble Financial currently has a “Outperform” rating and a $21.00 price target on the stock. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share.

Other research analysts have also issued research reports about the stock. StockNews.com raised shares of Townsquare Media from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Barrington Research reiterated an “outperform” rating and issued a $17.00 price objective on shares of Townsquare Media in a research report on Thursday, November 7th.

Townsquare Media Price Performance

NYSE:TSQ opened at $8.43 on Thursday. Townsquare Media has a one year low of $8.42 and a one year high of $13.57. The company has a fifty day moving average price of $9.17 and a 200 day moving average price of $9.80. The stock has a market cap of $131.09 million, a P/E ratio of -3.11, a PEG ratio of 0.58 and a beta of 1.31.

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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last three months, insiders have sold 20,244 shares of company stock worth $193,337. Corporate insiders own 30.50% of the company’s stock.

Institutional Trading of Townsquare Media

A number of large investors have recently bought and sold shares of TSQ. Two Sigma Advisers LP boosted its stake in shares of Townsquare Media by 130.7% in the 4th quarter. Two Sigma Advisers LP now owns 103,600 shares of the company’s stock valued at $942,000 after purchasing an additional 58,700 shares in the last quarter. Millennium Management LLC grew its stake in Townsquare Media by 129.9% during the fourth quarter. Millennium Management LLC now owns 92,557 shares of the company’s stock worth $841,000 after buying an additional 52,299 shares during the last quarter. Marshall Wace LLP bought a new stake in Townsquare Media during the fourth quarter worth about $369,000. Northern Trust Corp increased its holdings in shares of Townsquare Media by 25.1% during the fourth quarter. Northern Trust Corp now owns 144,847 shares of the company’s stock worth $1,317,000 after buying an additional 29,019 shares in the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of Townsquare Media by 77.6% in the fourth quarter. Two Sigma Investments LP now owns 62,859 shares of the company’s stock valued at $571,000 after acquiring an additional 27,458 shares during the last quarter. 71.69% of the stock is currently owned by institutional investors.

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.