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Last $11.01 USD
Change Today +0.53 / 5.06%
Volume 68.4K
ETM On Other Exchanges
Symbol
Exchange
New York
As of 2:58 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

entercom communications-cl a (ETM) Snapshot

Open
$10.45
Previous Close
$10.48
Day High
$11.10
Day Low
$10.45
52 Week High
04/16/15 - $13.33
52 Week Low
10/1/14 - $7.86
Market Cap
436.2M
Average Volume 10 Days
78.4K
EPS TTM
$0.69
Shares Outstanding
32.4M
EX-Date
11/6/08
P/E TM
16.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ENTERCOM COMMUNICATIONS-CL A (ETM)

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entercom communications-cl a (ETM) Details

Entercom Communications Corp. operates as a radio broadcasting company in the United States. The company owns and operates radio stations in various formats, such as news, talk, classic rock, adult contemporary, alternative, country, and others. It operates approximately 125 radio stations in 26 markets, including San Francisco, Atlanta, Boston, Miami, Seattle, San Diego, Denver, Portland, Sacramento, Kansas City, Indianapolis, Milwaukee, Austin, Norfolk, Buffalo, New Orleans, Memphis, Providence, Greensboro, Greenville/Spartanburg, Rochester, Madison, Wichita, Wilkes-Barre/Scranton, Springfield (MA), and Gainesville/Ocala. The company was founded in 1968 and is based in Bala Cynwyd, Pennsylvania.

1,434 Employees
Last Reported Date: 03/2/15
Founded in 1968

entercom communications-cl a (ETM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $878.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $904.8K
Chief Operating Officer
Total Annual Compensation: $636.3K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $305.0K
Principal Accounting Officer, Vice President,...
Total Annual Compensation: $235.3K
Compensation as of Fiscal Year 2014.

entercom communications-cl a (ETM) Key Developments

Entercom Communications Corp. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Entercom Communications Corp. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenues of $100,592,000 against $100,201,000 a year ago. Operating income was $20,615,000 against $23,916,000 a year ago. Income before income taxes was $11,302,000 against $14,049,000 a year ago. Net income was $6,747,000 or $0.17 diluted per share against $8,137,000 or $0.21 diluted per share a year ago. Capital expenditures were $2,750,000 against $3,149,000 a year ago. Adjusted EBITDA was $25,571,000 against $26,906,000 a year ago. Free cash flow was $14,243,000 against $14,990,000 a year ago. Adjusted income before income taxes was $14,353,000 against $15,227,000 a year ago. Adjusted net income was $8,325,000 or $0.21 diluted per share against $8,832,000 or $0.23 diluted per share a year ago. For the six months, the company reported net revenues of $179,012,000 against $178,436,000 a year ago. Operating income was $29,868,000 against $35,840,000 a year ago. Income before income taxes was $11,276,000 against $16,125,000 a year ago. Net income was $6,654,000 or $0.17 basic and diluted per share against $9,500,000 or $0.25 basic and diluted per share a year ago. Capital expenditures were $4,744,000 against $4,782,000 a year ago. Adjusted EBITDA was $39,457,000 against $41,973,000 a year ago. Free cash flow was $17,628,000 against $19,680,000 a year ago. Adjusted income before income taxes was $17,005,000 against $18,417,000 a year ago. Adjusted net income was $9,863,000 or $0.25 diluted per share against $10,682,000 or $0.28 diluted per share a year ago.

Entercom Communications Corp. Reaches a Settlement with the U.S. Department of Justice Regarding the Acquisition of LFM

Entercom Communications Corp. announced that it has reached a settlement with the U.S. Department of Justice or DOJ regarding the company's acquisition of Lincoln Financial Media which was announced in December 2014. The DOJ initiated its Hart Scott Rodino review of the acquisition with a focus on the impact of the transaction on concentration in the Denver radio market. As a result of the exchange agreement with Bonneville, the DOJ has agreed to approve the company's acquisition of LFM. The company has received FCC approval for the LFM acquisition and will close the transaction after DOJ terminates the Hart-Scott-Rodino waiting period.

Entercom Communications Corp. to Report Q2, 2015 Results on Aug 06, 2015

Entercom Communications Corp. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Aug 06, 2015

 

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Industry Analysis

ETM

Industry Average

Valuation ETM Industry Range
Price/Earnings 17.0x
Price/Sales 1.0x
Price/Book 1.2x
Price/Cash Flow 13.1x
TEV/Sales NM Not Meaningful
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