Globe Newswire (Wed, 5-Mar 11:00 AM ET)
Globe Newswire (Tue, 4-Mar 10:30 AM ET)
TipRanks (Fri, 28-Feb 9:10 AM ET)
Cumulus Media (CMLS) Receives a Hold from Barrington
TipRanks (Fri, 28-Feb 8:48 AM ET)
Cumulus Media Faces Nasdaq Delisting Risk Amid Stock Price Challenges
TipRanks (Fri, 28-Feb 1:01 AM ET)
Cumulus Media Reports Operating Results for 2024
Globe Newswire (Thu, 27-Feb 8:01 AM ET)
Globe Newswire (Tue, 18-Feb 4:01 PM ET)
U.S. Soccer and Westwood One Reach English-Language Audio Rights Agreement
Globe Newswire (Tue, 18-Feb 2:52 PM ET)
President Donald J. Trump to Appear on "The Mark Levin Show" Monday, February 10, 2025
Globe Newswire (Mon, 10-Feb 2:03 PM ET)
Westwood One Presents Super Bowl LIX Game-Day Coverage With an All-Pro Broadcast Team
Globe Newswire (Thu, 6-Feb 10:45 AM ET)
Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people every month wherever and whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.
Cumulus Media - Class A trades on the NASDAQ stock market under the symbol CMLS.
As of March 5, 2025, CMLS stock price was flat at $0.52 with 35,470 million shares trading.
CMLS has a beta of 1.63, meaning it tends to be more sensitive to market movements. CMLS has a correlation of 0.10 to the broad based SPY ETF.
CMLS has a market cap of $8.87 million. This is considered a Sub-Micro Cap stock.
Last quarter Cumulus Media - Class A reported $219 million in Revenue and -$.39 earnings per share. This fell short of revenue expectation by $-224,000 and exceeded earnings estimates by $.19.
In the last 3 years, CMLS traded as high as $15.67 and as low as $.50.
The top ETF exchange traded funds that CMLS belongs to (by Net Assets): VTI, VXF, DFAT, DFAS, IWC.
CMLS has underperformed the market in the last year with a price return of -85.3% while the SPY ETF gained +15.2%. CMLS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.9% and -43.7%, respectively, while the SPY returned -3.7% and -4.6%, respectively.
CMLS support price is $.48 and resistance is $.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CMLS shares will trade within this expected range on the day.