Research Analysts Offer Predictions for TSQ Q3 Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Noble Financial decreased their Q3 2026 earnings estimates for Townsquare Media in a research note issued to investors on Tuesday, March 17th. Noble Financial analyst M. Kupinski now anticipates that the company will earn $0.09 per share 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.

Several other brokerages also recently commented on TSQ. Barrington Research lowered their target price 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. Weiss Ratings reissued a “sell (d)” rating on shares of Townsquare Media in a report on Monday, December 29th. Finally, Wall Street Zen cut shares of Townsquare Media from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $15.50.

Townsquare Media Price Performance

Shares of TSQ stock opened at $5.79 on Wednesday. The stock has a market cap of $95.30 million, a PE ratio of -8.15, a price-to-earnings-growth ratio of 0.81 and a beta of 0.96. The stock has a 50-day moving average of $6.57 and a 200-day moving average of $6.15. Townsquare Media has a one year low of $4.30 and a one year high of $9.31.

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

Institutional Investors Weigh In On Townsquare Media

A number of hedge funds and other institutional investors have recently made changes to their positions in TSQ. RBF Capital LLC lifted its position in Townsquare Media by 862.7% in the 2nd quarter. RBF Capital LLC now owns 422,931 shares of the company’s stock valued at $3,345,000 after acquiring an additional 379,000 shares in the last quarter. Truffle Hound Capital LLC bought a new position in Townsquare Media during the 2nd quarter worth about $1,186,000. American Century Companies Inc. raised its stake in shares of Townsquare Media by 18.0% in the 2nd quarter. American Century Companies Inc. now owns 856,651 shares of the company’s stock valued at $6,776,000 after purchasing an additional 130,537 shares during the period. Teton Advisors LLC acquired a new stake in shares of Townsquare Media in the 3rd quarter valued at about $780,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Townsquare Media by 52.7% in the first quarter. Goldman Sachs Group Inc. now owns 271,693 shares of the company’s stock valued at $2,212,000 after purchasing an additional 93,753 shares in the last quarter. 71.69% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, COO Erik Hellum sold 7,437 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $5.54, for a total value of $41,200.98. Following the completion of the transaction, the chief operating officer owned 1,029,150 shares in the company, valued at $5,701,491. This 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 through the SEC website. Insiders have sold a total of 19,652 shares of company stock valued at $106,335 over the last 90 days. Insiders own 29.20% of the company’s stock.

Townsquare Media Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Monday, April 27th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 13.8%. The ex-dividend date is Monday, April 27th. Townsquare Media’s dividend payout ratio (DPR) is -112.68%.

Trending Headlines about Townsquare Media

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.