Noble Financial Has Negative Estimate for TSQ Q4 Earnings

Townsquare Media, Inc. (NYSE:TSQ) – Analysts at Noble Financial decreased their Q4 2026 EPS estimates for shares of Townsquare Media in a report issued on Thursday, November 5th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings of $0.12 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 $0.34 per share. Noble Financial also issued estimates for Townsquare Media’s FY2027 earnings at $0.54 EPS.

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

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

Townsquare Media Stock Performance

TSQ opened at $2.08 on Friday. Townsquare Media has a fifty-two week low of $1.90 and a fifty-two week high of $7.97. The company has a fifty day moving average of $4.45 and a two-hundred day moving average of $5.93. The stock has a market capitalization of $37.83 million, a price-to-earnings ratio of 9.91 and a beta of 1.35.

Institutional Trading of Townsquare Media

Several institutional investors have recently modified their holdings of the stock. Gabelli Funds LLC increased its stake in shares of Townsquare Media by 3.8% during the first quarter. Gabelli Funds LLC now owns 63,300 shares of the company’s stock worth $344,000 after purchasing an additional 2,300 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Townsquare Media by 5.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 45,847 shares of the company’s stock worth $249,000 after purchasing an additional 2,319 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in Townsquare Media by 3.3% in the 1st quarter. Gamco Investors INC. ET AL now owns 384,518 shares of the company’s stock valued at $2,088,000 after buying an additional 12,300 shares in the last quarter. R Squared Ltd purchased a new position in Townsquare Media in the 3rd quarter valued at about $61,000. Finally, Cetera Investment Advisers acquired a new stake in Townsquare Media in the 1st quarter worth about $129,000. 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 the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $5.54, for a total transaction of $118,666.80. Following the completion of the transaction, the chief executive officer directly owned 2,979,061 shares in the company, valued at approximately $16,503,997.94. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 30.30% of the company’s stock.

Key Townsquare Media News

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

About Townsquare Media

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.