Cumulus Media Inc. (CMLS)

NASDAQ: CMLS · IEX Real-Time Price · USD
7.42
-0.11 (-1.46%)
Dec 5, 2022 4:00 PM EST - Market closed
-1.46%
Market Cap 140.23M
Revenue (ttm) 954.54M
Net Income (ttm) 33.93M
Shares Out 18.88M
EPS (ttm) 1.75
PE Ratio 4.24
Forward PE 8.66
Dividend n/a
Ex-Dividend Date n/a
Volume 59,577
Open 7.51
Previous Close 7.53
Day's Range 7.32 - 7.53
52-Week Range 6.46 - 15.67
Beta 1.52
Analysts Buy
Price Target 20.06 (+170.4%)
Earnings Date Oct 28, 2022

About CMLS

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 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, such as email marketing, geo-targeted display and vide... [Read more]

Industry Media
IPO Date Jun 25, 1998
Employees 2,588
Stock Exchange NASDAQ
Ticker Symbol CMLS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CMLS stock is "Buy." The 12-month stock price forecast is 20.06, which is an increase of 170.35% from the latest price.

Price Target
$20.06
(170.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cumulus Media's Westwood One Adds “The Matt Walsh Show” to Syndicated Radio

“The Matt Walsh Show” Joins “The Ben Shapiro Show” and “The Michael Knowles Show” in Three-Hour Daily Wire Programming Block Each Weekday “The Matt Walsh Show” Joins “The Ben Shapiro Show” and “The Mich...

3 days ago - GlobeNewsWire

Cumulus Media and Signal Hill Insights Release Podcast Download – Fall 2022 Report Revealing Latest Podcast Trends

Few Listeners Express Issues with Objectionable Content

6 days ago - GlobeNewsWire

Legendary Broadcaster Jim Bohannon is Dead at 78

Bohannon hosted Westwood One's “The Jim Bohannon Show” for more than 30 Years Bohannon hosted Westwood One's “The Jim Bohannon Show” for more than 30 Years

3 weeks ago - GlobeNewsWire

Does Cumulus (CMLS) Have the Potential to Rally 181% as Wall Street Analysts Expect?

The mean of analysts' price targets for Cumulus (CMLS) points to an 181% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts i...

1 month ago - Zacks Investment Research

Best Value Stocks to Buy for October 31st

WIRE, CMLS and ETD made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 31, 2022.

Other symbols: ETDWIRE
1 month ago - Zacks Investment Research

Cumulus Media (CMLS) Q3 Earnings and Revenues Top Estimates

Cumulus (CMLS) delivered earnings and revenue surprises of 10.20% and 0.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Cumulus Media Reports Operating Results for the Third Quarter 2022

ATLANTA, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and nine months ended ...

1 month ago - GlobeNewsWire

CMLS vs. NFLX: Which Stock Is the Better Value Option?

CMLS vs. NFLX: Which Stock Is the Better Value Option?

Other symbols: NFLX
1 month ago - Zacks Investment Research

Should You Buy Cumulus Media (CMLS) Ahead of Earnings?

Cumulus Media (CMLS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

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

Cumulus (CMLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Cumulus Media's Westwood One Names Rich Valdés to Succeed Jim Bohannon as Host of "The Jim Bohannon Show" Beginning M...

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Cumulus Media's (NASDAQ: CMLS) Westwood One today announced Rich Valdés as the new host of “The Jim Bohannon Show” beginning Monday, October 17. Valdés, a New...

1 month ago - GlobeNewsWire

Jim Bohannon Steps Down From “The Jim Bohannon Show”

Rich Valdes Hosts Beginning Monday, October 17 Rich Valdes Hosts Beginning Monday, October 17

1 month ago - GlobeNewsWire

CMLS or NFLX: Which Is the Better Value Stock Right Now?

CMLS vs. NFLX: Which Stock Is the Better Value Option?

Other symbols: NFLX
1 month ago - Zacks Investment Research

Cumulus Media Launches 810 THE SPREAD, the Bay Area's First Sports Station Focused on Sports Betting

SAN FRANCISCO, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS) announces that it has launched the Bay Area's first Sports radio station focused on sports betting, 810 THE SPREAD. The new ...

1 month ago - GlobeNewsWire

Cumulus Media Announces Conference Call to Discuss Third Quarter 2022 Operating Results

ATLANTA, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) will host a conference call on Friday, October 28th at 8:30 AM ET to discuss its third quarter 2022 operating results. A pres...

2 months ago - GlobeNewsWire

Cumulus Media Introduces Hello Ross Podcast

All-New Podcast with Veteran Entertainment Host Ross Mathews Drops Each Thursday

2 months ago - GlobeNewsWire

Cumulus Media Welcomes Afford Anything Podcast to the Cumulus Podcast Network

Investor and Award-Winning Journalist Paula Pant Hosts Investor and Award-Winning Journalist Paula Pant Hosts

2 months ago - GlobeNewsWire

Cumulus Media and YAP Media Form Partnership for Podcasts

Flagship Podcast Young and Profiting with Hala Taha Joins the Cumulus Podcast Network Flagship Podcast Young and Profiting with Hala Taha Joins the Cumulus Podcast Network

2 months ago - GlobeNewsWire

Cumulus Media's Westwood One Launches Its 36th Consecutive Season as the Exclusive Primetime Network Radio Partner of...

Westwood One's NFL Primetime Game Broadcasts Available to Fans on Westwoodonesports.com, Affiliated Stations' Primary Digital Platforms, NFL+ and the NFL App for the First Time

2 months ago - GlobeNewsWire

New Study Underscores Local Radio's Impact for Political Candidates

Political Ads Tied to Local Radio Stations Perform Better

2 months ago - GlobeNewsWire

Cumulus Media and TuneIn Expand Content Partnership Agreement

The partnership will continue to offer 24/7 station streams of Cumulus Media's 405 local stations in 86 U.S. markets via the TuneIn platform, and adds 325 unique podcasts from the Cumulus Podcast Networ...

2 months ago - GlobeNewsWire

Cumulus Media Creates Music Partnerships Division

Cumulus Veteran Greg Frey Spearheads Effort as VP, Music Partnerships Cumulus Veteran Greg Frey Spearheads Effort as VP, Music Partnerships

3 months ago - GlobeNewsWire

Cumulus Media Appoints Deborah Farrington to Board of Directors

ATLANTA, Aug. 22, 2022 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ: CMLS) today announced that Deborah Farrington, Co-Founder and Managing Partner of StarVest Partners, LP, has been appointed to the ...

3 months ago - GlobeNewsWire

New Strong Sell Stocks for August 4th

AGRO, CMLS, and SPR have been added to the Zacks Rank #5 (Strong Sell) List on August 4, 2022.

Other symbols: AGROSPR
4 months ago - Zacks Investment Research

Cumulus Media (CMLS) Q2 Earnings Miss Estimates

Cumulus (CMLS) delivered earnings and revenue surprises of -32.08% and 0.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research