Noble Financial Cuts Earnings Estimates for Townsquare Media

Townsquare Media, Inc. (NYSE:TSQ) – Equities researchers at Noble Financial decreased their Q3 2026 earnings estimates for Townsquare Media in a report released on Tuesday, March 17th. Noble Financial analyst M. Kupinski now expects that the company will post earnings per share of $0.09 for the quarter, down from their previous forecast of $0.16. The consensus estimate for Townsquare Media’s current full-year earnings is $1.07 per share. Noble Financial also issued estimates for Townsquare Media’s Q4 2026 earnings at $0.25 EPS.

Townsquare Media (NYSE:TSQ) last announced its earnings results on Monday, March 16th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.06). Townsquare Media had a negative net margin of 2.58% and a negative return on equity of 15.11%. The firm had revenue of $106.50 million during the quarter, compared to analysts’ expectations of $106.40 million.

TSQ has been the subject of a number of other reports. Wall Street Zen downgraded Townsquare Media from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Barrington Research decreased their price objective on shares of Townsquare Media from $12.00 to $10.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Townsquare Media in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.50.

Townsquare Media Price Performance

NYSE:TSQ opened at $5.79 on Wednesday. Townsquare Media has a 1-year low of $4.30 and a 1-year high of $9.31. The firm has a 50-day moving average of $6.57 and a two-hundred day moving average of $6.15. The stock has a market cap of $95.30 million, a P/E ratio of -8.15, a PEG ratio of 0.81 and a beta of 0.96.

Institutional Trading of Townsquare Media

Large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Townsquare Media during the 2nd quarter valued at about $33,000. Crews Bank & Trust acquired a new stake in Townsquare Media in the 4th quarter worth approximately $26,000. AlphaCore Capital LLC bought a new stake in Townsquare Media during the third quarter worth approximately $69,000. Algert Global LLC bought a new stake in Townsquare Media during the third quarter worth approximately $72,000. Finally, Occudo Quantitative Strategies LP acquired a new position in Townsquare Media during the second quarter valued at approximately $101,000. Institutional investors own 71.69% of the company’s stock.

Insider Buying and Selling

In other Townsquare Media news, COO Erik Hellum sold 7,437 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $5.54, for a total transaction of $41,200.98. Following the transaction, the chief operating officer directly owned 1,029,150 shares in the company, valued at $5,701,491. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 19,652 shares of company stock worth $106,335 over the last 90 days. Corporate insiders own 29.20% of the company’s stock.

Townsquare Media Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Monday, April 27th will be issued a $0.20 dividend. The ex-dividend date is Monday, April 27th. This represents a $0.80 dividend on an annualized basis and a yield of 13.8%. Townsquare Media’s dividend payout ratio is currently -112.68%.

Key Townsquare Media News

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

• Positive Sentiment: Townsquare reiterated growth in digital advertising (high single‑digit guidance for 2026) and is strengthening programmatic partnerships, supporting revenue mix improvement and recurring digital monetization. Townsquare Media digital growth & partnerships
• Positive Sentiment: The company announced a $0.20 quarterly dividend (ex‑date Apr 27, payable May 4), implying a very high yield that may attract income investors and support the share floor. Press release — Q4 results & dividend
• Positive Sentiment: Company highlights from the press release: digital represented ~55% of 2025 net revenue and ~56% of segment profit, and management reported a $23M reduction in debt since the 2025 refinancing — credit/de-leveraging progress that can improve balance‑sheet resilience. Press release — financial highlights
• Neutral Sentiment: Barrington Research lowered its price target from $12 to $10 but kept an “outperform” rating, signaling continued analyst confidence in upside while moderating expectations. Barrington Research price target update
• Neutral Sentiment: Management hosted an earnings call and posted the transcript/slide deck — useful for investors assessing how recurring digital revenue and cost dynamics translate into 2026 guidance. Earnings call transcript
• Negative Sentiment: Q4 EPS of $0.05 missed consensus ($0.11), marking a notable beat/miss gap and pressure on near‑term earnings momentum; net margin was modest and ROE negative, which raises durability questions for profits. Zacks — Q4 earnings coverage

Townsquare Media Company Profile

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.