Noble Financial Expects Weaker Earnings for Townsquare Media

Townsquare Media, Inc. (NYSE:TSQ) – Research analysts at Noble Financial lowered their Q4 2026 EPS estimates for Townsquare Media in a report released on Thursday, November 5th. Noble Financial analyst M. Kupinski now expects that the company will earn $0.12 per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for Townsquare Media’s current full-year earnings is $0.34 per share. Noble Financial also issued estimates for Townsquare Media’s FY2027 earnings at $0.54 EPS.

A number of other equities research analysts have also weighed in on the company. Weiss Ratings lowered Townsquare Media from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Zacks Research upgraded shares of Townsquare Media from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. Finally, Wall Street Zen downgraded Townsquare Media from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Townsquare Media has a consensus rating of “Hold” and an average target price of $10.00.

Townsquare Media Price Performance

Shares of TSQ opened at $2.08 on Friday. The firm has a market capitalization of $37.83 million, a price-to-earnings ratio of 9.91 and a beta of 1.35. The company has a 50-day moving average of $4.45 and a 200 day moving average of $5.93. Townsquare Media has a 1-year low of $1.90 and a 1-year high of $7.97.

Townsquare Media (NYSE:TSQ) last released its earnings results on Wednesday, November 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $110.95 million during the quarter, compared to analyst estimates of $108.68 million. Townsquare Media had a negative net margin of 11.30% and a negative return on equity of 7.87%.

Institutional Investors Weigh In On Townsquare Media

A number of institutional investors and hedge funds have recently modified their holdings of TSQ. R Squared Ltd purchased a new position in Townsquare Media during the 3rd quarter worth approximately $61,000. Capital Management Corp VA lifted its stake in Townsquare Media by 18.9% during the 3rd quarter. Capital Management Corp VA now owns 3,409,181 shares of the company’s stock valued at $16,057,000 after acquiring an additional 542,841 shares during the period. Ancora Advisors LLC purchased a new stake in shares of Townsquare Media in the 2nd quarter valued at $233,000. Gabelli Funds LLC boosted its holdings in shares of Townsquare Media by 3.8% in the 1st quarter. Gabelli Funds LLC now owns 63,300 shares of the company’s stock valued at $344,000 after acquiring an additional 2,300 shares during the last quarter. Finally, Gamco Investors INC. ET AL increased its stake in shares of Townsquare Media by 3.3% in the first quarter. Gamco Investors INC. ET AL now owns 384,518 shares of the company’s stock worth $2,088,000 after acquiring an additional 12,300 shares during the period. Institutional investors and hedge funds own 71.69% of the company’s stock.

Insider Buying and Selling

In other Townsquare Media news, CEO Bill Wilson sold 21,420 shares of Townsquare Media stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $5.54, for a total transaction of $118,666.80. Following the completion of the sale, the chief executive officer owned 2,979,061 shares of the company’s stock, valued at approximately $16,503,997.94. The trade was a 0.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 30.30% of the company’s stock.

Key Headlines Impacting Townsquare Media

Here are the key news stories impacting Townsquare Media this week:

• Positive Sentiment: Q3 revenue was $110.95 million, above analyst expectations of $108.68 million, while earnings were $0.12 per share, up from $0.05 a year earlier. Digital advertising revenue grew 13% year over year, and digital accounted for 57% of net revenue through September. Townsquare Reports Third Quarter 2026 Results
• Neutral Sentiment: Management projects media-partnership revenue could reach $50 million within four years. That offers a potential growth opportunity, though it is a forward-looking target rather than current revenue. Townsquare projects $50M of media partnerships revenue
• Negative Sentiment: The board suspended the quarterly cash dividend to preserve about $14 million annually for liquidity and investment. This removes a source of shareholder income and may weigh on demand for the stock, even if the retained cash helps fund the business. Board approves suspension of quarterly cash dividend
• Negative Sentiment: EPS of $0.12 beat some published consensus estimates but fell short of Zacks’ $0.13 estimate, making the earnings picture mixed despite the revenue beat. Townsquare Media Q3 earnings miss estimates

Townsquare Media Company Profile

Townsquare Media, Inc (NYSE: TSQ) is a local media and digital marketing company serving communities across the United States. Its operations are organized around local radio, digital media and events, providing audiences with news, entertainment, information and community-focused programming.

The company owns and operates radio stations in small and mid-sized markets, with programming distributed through broadcast and digital channels. Townsquare also publishes local websites and mobile content, offering advertising and promotional opportunities across audio, display, video, social media and other digital formats.

Through Townsquare Interactive and related services, the company provides digital marketing solutions to small and medium-sized businesses, including website development, search engine marketing, social media support and online reputation management.