Cumulus Media Inc. (CMLS)

NASDAQ: CMLS · IEX Real-Time Price · USD
2.050
0.00 (0.00%)
Jul 26, 2024, 4:30 PM EDT - Market closed
0.00%
Market Cap 33.98M
Revenue (ttm) 838.91M
Net Income (ttm) -110.57M
Shares Out 16.57M
EPS (ttm) -6.45
PE Ratio n/a
Forward PE 8.03
Dividend n/a
Ex-Dividend Date n/a
Volume 28,384
Open 2.100
Previous Close 2.050
Day's Range 1.980 - 2.100
52-Week Range 1.780 - 6.590
Beta 1.47
Analysts Buy
Price Target 11.00 (+436.59%)
Earnings Date Aug 2, 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 436.59% from the latest price.

Price Target
$11.0
(436.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cumulus Media Announces Conference Call to Discuss Second Quarter 2024 Operating Results

ATLANTA, July 19, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, August 2nd at 8:30 AM ET to discuss its second quarter 2024 operating results. A pre...

7 days ago - GlobeNewsWire

Bongino Report Early Edition With Evita(SM) Joins The Cumulus Podcast Network

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One announced that a new podcast, Bongino Report Early Edition with Evita SM , dropped its inaugural episode today o...

10 days ago - GlobeNewsWire

Westwood One & Cumulus Podcast Network Provide Special Programming Coverage of the Republican National Convention

NEW YORK, July 14, 2024 (GLOBE NEWSWIRE) -- WHAT: Dan Bongino, host of The Dan Bongino Show, will be at the Republican National Convention streaming live special coverage in addition to his regularly ...

12 days ago - GlobeNewsWire

Mark Levin Extends Contract With Westwood One

New Agreement Keeps “The Mark Levin Show” on Westwood One and the Cumulus Podcast Network for Multiple Years

24 days ago - GlobeNewsWire

Cumulus Media Promotes Kriston Aitken to Chief Human Resources Officer

ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G....

6 weeks ago - GlobeNewsWire

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...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

3 months 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...

4 months 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...

4 months 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...

4 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

5 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...

5 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...

5 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...

5 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...

5 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 ...

6 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...

6 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....

6 months ago - GlobeNewsWire