|Bid||15.22 x 1000|
|Ask||15.33 x 1000|
|Day's Range||15.14 - 15.48|
|52 Week Range||9.70 - 20.99|
|Beta (3Y Monthly)||-47.62|
|PE Ratio (TTM)||0.39|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
New York, NY, based Investment company Shenkman Capital Management Inc (Current Portfolio) buys Cumulus Media Inc, sells Goodrich Petroleum Corp during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Shenkman Capital Management Inc. Continue reading...
Don't be caught off-guard: Cumulus Media (NASDAQ: CMLS ) releases its next round of earnings this Thursday, August 8. Want to skip the homework and get all the facts in one place? We thought so. Here is ...
Cumulus Media (NASDAQ: CMLS ) has entered into an agreement to sell WABC in New York City to Red Apple Media for $12.5 million in cash. Under the terms of the agreement, Red Apple will take responsibility ...
Moody's Investors Service (Moody's) upgraded Cumulus Media New Holdings Inc.'s (Cumulus) Corporate Family Rating (CFR) to B2 from B3 and assigned a B2 rating to the proposed $300 million senior secured note due 2026. The upgrade of the CFR reflects the reduction in pro forma leverage to 5x as of Q1 2019 from 6.1x (excluding Moody's standard lease adjustments) upon exit from bankruptcy driven by growth in EBITDA and debt repayment from free cash flow as well as from asset sales. Cumulus has also entered into an agreement to sell a station in Los Angeles for $43 million which is expected to lead to additional debt repayment.
Meredith (MDP) witnesses solid earnings and revenue growth in third-quarter fiscal 2019 due to strong performance across segments. However, a slashed EBITDA and earnings view hurts investor sentiment.
On a per-share basis, the Atlanta-based company said it had net income of 2 cents. The radio station owner posted revenue of $267.5 million in the period. Cumulus shares have climbed 57% since the beginning ...
On Thursday, May 9, Cumulus Media (NASDAQ: CMLS ) will release its latest earnings report. Benzinga's outlook for Cumulus Media is included in the following report. Earnings and Revenue Wall Street analysts ...
World Wrestling Entertainment's (WWE) Q1 revenues decline year over year due to fall in live event ticket revenue and lower merchandise sales.
They are in top leadership roles at companies including Coca-Cola, Home Depot, Veritiv, Aflac, SunTrust Banks and TSYS.
Changes in capital structure often tend to present attractive investment opportunities, particularly in small-cap stocks. The need for restructuring usually arises from excessively high debt levels, and the valuations within small caps tend to crash with the rising uncertainty associated with restructuring. A recent victim of this situation is Cumulus Media Inc. (CMLS), one of the industry leaders in radio broadcasting, which declared bankruptcy last year due to colossal debt.
World Wrestling (WWE) is on track with its strategic deals to increase revenues. Also, the company benefits from its focus on increasing original content, subscriber growth and rise in TV rights fees.
The Atlanta-based company said it had profit of $2.18 per share. Earnings, adjusted for pretax gains, came to $1.18 per share. The radio station owner posted revenue of $309.2 million in the period. Cumulus ...
Moody's Investors Service (Moody's) says Cumulus Media Inc.'s (("Cumulus") parent company of Cumulus Media New Holdings Inc.) asset sales and swaps are a credit positive, but ratings are unchanged. Cumulus entered into an agreement to sell six stations to non-profit, Educational Media Foundation for $103.5 million in cash and are expected to generate net cash proceeds of $80 to $90 million. Cumulus also entered into an asset swap with Entercom Communications Corp. where Cumulus will receive three stations in Indianapolis in exchange for three stations located in New York and Springfield, MA.
The Bala Cynwyd-based company adds another property in New York and two in Springfield, Mass. while exiting Indianapolis.