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

Townsquare Media (NYSE:TSQ) issued its quarterly earnings results on Monday. The company reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05, Zacks reports. Townsquare Media had a negative return on equity of 56.87% and a net margin of 7.93%. Townsquare Media updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Townsquare Media Stock Down 1.3%

Shares of Townsquare Media stock opened at $6.14 on Monday. Townsquare Media has a twelve month low of $6.07 and a twelve month high of $10.50. The business has a 50-day moving average price of $6.63 and a 200-day moving average price of $7.00. The firm has a market cap of $101.01 million, a price-to-earnings ratio of 3.04, a PEG ratio of 1.88 and a beta of 1.16.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Townsquare Media in a research note on Wednesday, October 8th. Barrington Research reissued an “outperform” rating and issued a $13.00 price target on shares of Townsquare Media in a report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.

Insider Activity at Townsquare Media

In other news, Director Stephen A. Kaplan purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was bought at an average cost of $6.92 per share, with a total value of $69,200.00. Following the completion of the purchase, the director owned 208,618 shares in the company, valued at approximately $1,443,636.56. This represents a 5.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 30.50% of the company’s stock.

Institutional Trading of Townsquare Media

Hedge funds have recently modified their holdings of the company. Man Group plc boosted its position in shares of Townsquare Media by 33.3% during the 2nd quarter. Man Group plc now owns 49,311 shares of the company’s stock valued at $390,000 after acquiring an additional 12,328 shares during the last quarter. Jane Street Group LLC raised its stake in Townsquare Media by 289.3% during the second quarter. Jane Street Group LLC now owns 46,917 shares of the company’s stock valued at $371,000 after purchasing an additional 34,866 shares in the last quarter. Raymond James Financial Inc. bought a new position in Townsquare Media during the second quarter valued at $33,000. Occudo Quantitative Strategies LP bought a new position in Townsquare Media during the second quarter valued at $101,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Townsquare Media in the 2nd quarter worth $186,000. 71.69% of the stock is owned by hedge funds and other institutional investors.

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.