Cumulus Media Inc. (CMLS)

NASDAQ: CMLS · IEX Real-Time Price · USD
2.790
+0.090 (3.33%)
May 14, 2024, 4:30 PM EDT - Market closed
3.33%
Market Cap 45.65M
Revenue (ttm) 838.91M
Net Income (ttm) -110.57M
Shares Out 16.36M
EPS (ttm) -6.45
PE Ratio n/a
Forward PE 8.03
Dividend n/a
Ex-Dividend Date n/a
Volume 41,258
Open 2.720
Previous Close 2.700
Day's Range 2.689 - 2.860
52-Week Range 2.594 - 6.590
Beta 1.55
Analysts Buy
Price Target 11.00 (+294.27%)
Earnings Date May 3, 2024

About CMLS

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video... [Read more]

Industry Broadcasting
IPO Date Jun 25, 1998
Employees 2,464
Stock Exchange NASDAQ
Ticker Symbol CMLS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CMLS stock is "Buy." The 12-month stock price forecast is $11.0, which is an increase of 294.27% from the latest price.

Price Target
$11.0
(294.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cumulus Media Welcomes The Candy Valentino Show to the Cumulus Podcast Network

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced The Candy Valentino Show has joined the Cumulus Podcast Network. Entrepreneur and bestselling author Candy Valen...

6 days ago - GlobeNewsWire

Cumulus Media Names Mike Eaby Vice President/Executive Producer of Westwood One Sports

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced Mike Eaby's promotion to Vice President/Executive Producer of Westwood One Sports. In his new role, Eaby will man...

6 days ago - GlobeNewsWire

Cumulus Media Reports Operating Results for the First Quarter 2024; Refinances its Capital Structure to Secure Five-Year Maturities Through Successful Debt Exchange and ABL Facility Upsize and Extension

ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three months ended March 31...

11 days ago - GlobeNewsWire

Cumulus Media Announces Expiration and Final Results of Exchange Offer and Consent Solicitation

ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced the expiration and final results of its subsidiary's, Cumulus Media New Holding...

12 days ago - GlobeNewsWire

Cumulus Media Announces Amendment and Extension of Withdrawal Deadline and Expiration Time for Exchange Offer and Consent Solicitation

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has amen...

25 days ago - GlobeNewsWire

Cumulus Announces Selected Preliminary Operating Results for First Quarter 2024

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced selected preliminary operating results for the thre...

25 days ago - GlobeNewsWire

Cumulus Media Announces Further Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has furt...

26 days ago - GlobeNewsWire

Cumulus Media Announces Additional Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, April 15, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has furt...

4 weeks ago - GlobeNewsWire

Cumulus Media Announces New Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, April 10, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has furt...

4 weeks ago - GlobeNewsWire

Cumulus Media Announces Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has furt...

5 weeks ago - GlobeNewsWire

Cumulus Media Announces Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has exte...

6 weeks ago - GlobeNewsWire

Cumulus Media Announces Extension of Early Tender Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, March 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has exte...

2 months ago - GlobeNewsWire

Cumulus Media's Westwood One Presents Audio Coverage of 2024 College Basketball Conference Championship Week

Coverage Includes 24 Games between Saturday, March 9th and Sunday, March 17th, 2024 Coverage Includes 24 Games between Saturday, March 9th and Sunday, March 17th, 2024

2 months ago - GlobeNewsWire

Cumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has comme...

2 months ago - GlobeNewsWire

Cumulus Media Reports Operating Results for 2023

ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” "Cumulus Media," “we,” “us,” or “our”) today announced operating results for the three months and year ende...

2 months ago - GlobeNewsWire

Cumulus Media Inc. Adopts Limited-Duration Shareholder Rights Plan

ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (“Cumulus Media” or the “Company”) today announced that its Board of Directors (the “Board”) has adopted a limited-duration...

2 months ago - GlobeNewsWire

Cumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Operating Results

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Tuesday, February 27th at 8:30 AM ET to discuss its fourth quarter and full year 2023 operat...

3 months ago - GlobeNewsWire

Westwood One Presents Super Bowl LVIII Game-Day Coverage With an All-Pro Broadcast Team

2024 Marks Westwood One's 51st Super Bowl Broadcast Kevin Harlan, Hall of Famer Kurt Warner, Dean Blandino, Laura Okmin, and Mike Golic Call the Action Live from Las Vegas Scott Graham and Three-Time ...

3 months ago - GlobeNewsWire

Former President Donald J. Trump to be on "The Dan Bongino Show" Today at 2:30 p.m.

NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's Westwood One today announced that talk radio host Dan Bongino will host former President Donald J. Trump on “The Dan Bongino Show” for a liv...

3 months ago - GlobeNewsWire

Westwood One to Broadcast NFL Conference Championship Sunday, Presented by Intuit Turbo Tax

Doubleheader Coverage of AFC and NFC Championship Games airs Sunday, January 28 beginning at 2 p.m. ET Doubleheader Coverage of AFC and NFC Championship Games airs Sunday, January 28 beginning at 2 p....

3 months ago - GlobeNewsWire

America in the Morning Launches On the Cumulus Podcast Network

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced that Westwood One's award-winning daily news magazine program, America in the Morning , joins the Cumulus Podca...

4 months ago - GlobeNewsWire

The Ed Mylett Show Joins the Cumulus Podcast Network

Top Performance and Mindset Coach Drops New Episodes Each Tuesday and Thursday Top Performance and Mindset Coach Drops New Episodes Each Tuesday and Thursday

4 months ago - GlobeNewsWire

BiggerPockets Podcast Network Moves to Cumulus

Six Leading Real Estate Investing Podcasts Join the Cumulus Podcast Network Network Includes #1-Ranked BiggerPockets Real Estate Podcast NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Cumulus Media (NASD...

5 months ago - GlobeNewsWire

Cumulus Media's Westwood One Presents Exclusive National Audio Coverage of the 124th Army-Navy Football Game

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- CUMULUS MEDIA's (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., will present exclusive national audio coverage of the Army-Navy Football...

5 months ago - GlobeNewsWire

Dan Bongino Extends Contract With Westwood One, Recommits to Broadcast Radio

Deal Keeps “The Dan Bongino Show” in Broadcast Syndication on Westwood One and The Dan Bongino Show Podcast on the Cumulus Podcast Network for Multiple Years Deal Keeps “The Dan Bongino Show” in Broad...

5 months ago - GlobeNewsWire