Cumulus Media Inc. (CMLS)

NASDAQ: CMLS · IEX Real-Time Price · USD
10.19 -0.22 (-2.11%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap208.92M
Revenue (ttm)910.06M
Net Income (ttm)-609,000
Shares Out20.50M
EPS (ttm)-0.03
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume65,188
Open10.64
Previous Close10.41
Day's Range10.03 - 10.64
52-Week Range8.48 - 14.84
Beta2.04
AnalystsBuy
Price Target23.67 (+132.3%)
Earnings DateFeb 21, 2022

About CMLS

Cumulus Media Inc., an audio-first media and entertainment company, owns and operates radio stations in the United States. It owns and operates 415 stations in 86 markets, as well as approximately 7,300 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, the AP, the Academy of Country Music Awards, and other partners. It also provides digital marketing services. Cumulus Media Inc. was incorporated ...

IndustryMedia
IPO DateJun 25, 1998
Employees2,743
Stock ExchangeNASDAQ
Ticker SymbolCMLS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Cumulus Media stock is "Buy." The 12-month stock price forecast is 23.67, which is an increase of 132.29% from the latest price.

Price Target
$23.67
(132.29% upside)
Analyst Consensus: Buy

News

Westwood One Presents Super Wild Card Weekend

Only Network to Broadcast All Six Playoff Games, from Saturday, January 15th to Monday, January 17th Only Network to Broadcast All Six Playoff Games, from Saturday, January 15th to Monday, January 17th

1 week ago - GlobeNewsWire

Westwood One Launches “Eliott & Nina”

New Syndicated CHR Evening Show Debuts January 17 New Syndicated CHR Evening Show Debuts January 17

1 week ago - GlobeNewsWire

Cumulus Dallas Radio Stations Raise a Total of $1,767,990 for DFW Charities in 2021

DALLAS, Jan. 10, 2022 (GLOBE NEWSWIRE) -- CUMULUS MEDIA announces that its Dallas, TX, radio station group raised a total of $1,767,990 for DFW Metroplex charities during 2021. Cumulus Dallas supported ...

1 week ago - GlobeNewsWire

Jared Merves Joins CUMULUS MEDIA as SVP, Digital

Digital and Media Innovator to Drive Digital Growth Across Multiple Delivery Platforms Digital and Media Innovator to Drive Digital Growth Across Multiple Delivery Platforms

1 month ago - GlobeNewsWire

CUMULUS MEDIA Launches Talk FM 103.9

Only All-Talk FM Station in The New York Metropolitan Area

1 month ago - GlobeNewsWire

CUMULUS MEDIA's Westwood One Presents Exclusive National Audio Coverage of the Army-Navy Football Game

NEW YORK, Dec. 09, 2021 (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 g...

1 month ago - GlobeNewsWire

CUMULUS MEDIA and Signal Hill Insights' Podcast Download – Fall 2021 Report Reveals Latest Podcast Trends

Podcast Advertising Reaches Young Cord Cutters Who Prefer Advertising-Free Video Streaming

1 month ago - GlobeNewsWire

CUMULUS MEDIA Announces Participation in Two Upcoming Investor Conferences

5 th Annual Virtual Wells Fargo TMT Summit

1 month ago - GlobeNewsWire

New CUMULUS MEDIA Analysis Reveals AM/FM Radio Delivers Swing Voters Not Reached Through TV Ads

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- CUMULUS MEDIA (NASDAQ: CMLS) | Westwood One's Audio Active Group (AAG) today released a new analysis of fresh data showing how AM/FM radio reaches voters, esp...

2 months ago - GlobeNewsWire

Cumulus Media Honored by the National Association of Broadcasters With Two Marconi Radio Awards

Dallas' KTCK-AM/Sportsradio 96.7 and 1310 The Ticket Named Sports Station of the Year

2 months ago - GlobeNewsWire

CUMULUS MEDIA Reports Operating Results for the Third Quarter 2021

ATLANTA, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” "CUMULUS MEDIA," “we,” “us,” or “our”) today announced operating results for the nine months ended September ...

2 months ago - GlobeNewsWire

Cumulus Media (CMLS) Earnings Expected to Grow: Should You Buy?

Cumulus (CMLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

New CUMULUS MEDIA Survey Reveals Increased Interest in Audio Creative

CUMULUS MEDIA | Westwood One's Audio Active Group Identifies Blueprint for Developing Impactful Ads CUMULUS MEDIA | Westwood One's Audio Active Group Identifies Blueprint for Developing Impactful Ads

2 months ago - GlobeNewsWire

Strata Users Will Now Have Access to Premium CUMULUS MEDIA Podcast Inventory with Validated Metrics from Triton Digital

NEW YORK--(BUSINESS WIRE)--Today, FreeWheel, a Comcast Company, announced partnerships with CUMULUS MEDIA and Triton Digital to bring Cumulus Podcast Network's premium podcast inventory into the Strata ...

3 months ago - Business Wire

Here's Why Momentum in Cumulus (CMLS) Should Keep going

Cumulus (CMLS) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "R...

3 months ago - Zacks Investment Research

CUMULUS MEDIA Announces Conference Call to Discuss Third Quarter 2021 Operating Results

ATLANTA, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Wednesday, November 3rd at 4:30 PM ET to discuss its third quarter 2021 operating results. A p...

3 months ago - GlobeNewsWire

CUMULUS MEDIA Releases New Investor Presentation

Announces Participation in Deutsche Bank 29th Annual Leveraged Finance Conference Announces Participation in Deutsche Bank 29th Annual Leveraged Finance Conference

4 months ago - GlobeNewsWire

CUMULUS MEDIA Adds Senior Positions For Multi-Platform Content Development

ATLANTA, Sept. 20, 2021 /PRNewswire/ -- CUMULUS MEDIA (NASDAQ: CMLS) has named two executives, Doug Cohn and Bruce Gilbert, to newly created positions across Music & Entertainment and Sports, respective...

4 months ago - PRNewsWire

Have Fun and Stay Safe With Q99.7 at Atlanta's 2021 Music Midtown Festival!

ATLANTA, Sept. 14, 2021 /PRNewswire/ -- WHO:  Cumulus Atlanta's Hit Music Station Q99.7/WWWQ-FM.

4 months ago - PRNewsWire

CUMULUS MEDIA Study Analyzes NFL Fans' Use Of Radio vs. Television

NEW YORK, Sept. 13, 2021 /PRNewswire/ -- CUMULUS MEDIA's (NASDAQ: CMLS) Westwood One released the results of a study on fan engagement with the NFL based on research from GfK MRI, Ipsos, the NFL "Fan Tr...

4 months ago - PRNewsWire

Cumulus Podcast Network's Just Getting Started With Rich Eisen To Feature Special Fall 2021 Series "Voices Of Football"

NEW YORK, Sept. 9, 2021 /PRNewswire/ -- CUMULUS PODCAST NETWORK today introduces a special series for Fall 2021 called "Voices of Football" on the podcast, Just Getting Started with Rich Eisen.

4 months ago - PRNewsWire

CUMULUS MEDIA's Westwood One Kicks Off Its 35th Consecutive Season As The Exclusive Network Radio Partner Of The NFL

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- CUMULUS MEDIA's (NASDAQ: CMLS) Westwood One, the largest audio network in the U.S., embarks on its 35th consecutive year as the exclusive network radio partner of...

4 months ago - PRNewsWire

Cumulus Media Beats Q2 Revenue Expectations, Raises FY22 Cost Reduction Guidance

Cumulus Media Inc (NASDAQ: CMLS) reported second-quarter FY21 net revenue growth of 53.9% year-on-year to $224.7 million, beating the analyst consensus of $220.9 million. Revenues from Broadcast radio g...

5 months ago - Benzinga

Cumulus Media (CMLS) Reports Q2 Loss, Tops Revenue Estimates

Cumulus (CMLS) delivered earnings and revenue surprises of 76.92% and 2.30%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

CUMULUS MEDIA Announces Completion of the Sale of Non-Core Nashville Real Estate for $34 Million

ATLANTA, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) today announced that it has successfully completed the sale of non-core real estate in Nashville to a partnership comprised o...

5 months ago - GlobeNewsWire