Noble Financial Issues Optimistic Outlook for TSQ Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Analysts at Noble Financial raised their Q2 2026 earnings per share estimates for shares of Townsquare Media in a research note issued on Tuesday, May 12th. Noble Financial analyst M. Kupinski now anticipates that the company will earn $0.18 per share for the quarter, up from their previous estimate of $0.05. The consensus estimate for Townsquare Media’s current full-year earnings is $0.38 per share. Noble Financial also issued estimates for Townsquare Media’s Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.33 EPS and FY2027 earnings at $0.69 EPS.

Townsquare Media (NYSE:TSQ) last announced its earnings results on Monday, May 11th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.04). Townsquare Media had a negative return on equity of 7.41% and a negative net margin of 1.59%.The firm had revenue of $96.10 million during the quarter, compared to the consensus estimate of $96.46 million.

Several other research analysts have also issued reports on TSQ. Barrington Research reissued an “outperform” rating and issued a $10.00 target price on shares of Townsquare Media in a research report on Monday. Weiss Ratings lowered Townsquare Media from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $10.00.

Townsquare Media Stock Performance

Shares of NYSE:TSQ opened at $6.46 on Thursday. Townsquare Media has a 52-week low of $4.30 and a 52-week high of $9.31. The firm has a market capitalization of $110.43 million, a P/E ratio of -15.01, a P/E/G ratio of 1.43 and a beta of 1.18. The stock has a 50 day moving average price of $6.32 and a 200-day moving average price of $5.98.

Institutional Trading of Townsquare Media

Institutional investors have recently added to or reduced their stakes in the business. Teton Advisors LLC purchased a new stake in Townsquare Media during the 3rd quarter valued at $780,000. AlphaCore Capital LLC purchased a new stake in Townsquare Media during the 3rd quarter valued at $69,000. Krilogy Financial LLC boosted its stake in Townsquare Media by 79.9% during the 3rd quarter. Krilogy Financial LLC now owns 72,000 shares of the company’s stock valued at $448,000 after purchasing an additional 31,988 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Townsquare Media by 5.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 45,847 shares of the company’s stock valued at $249,000 after purchasing an additional 2,319 shares during the last quarter. Finally, Ritholtz Wealth Management purchased a new stake in Townsquare Media during the 1st quarter valued at $158,000. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Townsquare Media

In related news, EVP Scott Schatz sold 28,980 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $5.08, for a total transaction of $147,218.40. Following the completion of the sale, the executive vice president owned 123,977 shares of the company’s stock, valued at $629,803.16. This trade represents a 18.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 30.30% of the stock is owned by company insiders.

Townsquare Media Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Monday, July 27th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, July 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.4%. Townsquare Media’s dividend payout ratio is presently -186.05%.

Townsquare Media Company Profile

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.