CMLS - Cumulus Media Inc Stock Price, Fair Value and News

2.77USD+0.07 (+2.59%)Market Closed

Market Summary

USD2.77+0.07

Market Closed

2.59%

CMLS Stock Price

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CMLS RSI Chart

CMLS Valuation

Market Cap

44.7M

Price/Earnings (Trailing)

-0.38

Price/Sales (Trailing)

0.05

EV/EBITDA

-1.25

Price/Free Cashflow

6.53

CMLS Price/Sales (Trailing)

CMLS Profitability

EBT Margin

-11.93%

Return on Equity

-41.13%

Return on Assets

-8.18%

Free Cashflow Yield

15.32%

CMLS Fundamentals

CMLS Revenue

Revenue (TTM)

844.5M

Rev. Growth (Yr)

-11.93%

Rev. Growth (Qtr)

6.69%

CMLS Earnings

Earnings (TTM)

-117.9M

Earnings Growth (Yr)

-181.5K%

Earnings Growth (Qtr)

-3.7K%

Breaking Down CMLS Revenue

Last 7 days

-1.8%

Last 30 days

-20.8%

Last 90 days

-43.7%

Trailing 12 Months

-26.0%

How does CMLS drawdown profile look like?

CMLS Financial Health

Current Ratio

Debt/Equity

3.43

Debt/Cashflow

0.03

CMLS Investor Care

Buy Backs (1Y)

15.39%

Diluted EPS (TTM)

-6.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	927.2M	900.6M	874.5M	844.5M
2022	946.8M	958.8M	954.5M	953.5M
2021	790.0M	868.7M	910.1M	916.5M
2020	1.1B	940.2M	855.8M	816.2M
2019	1.1B	1.1B	1.1B	1.1B
2018	1.1B	1.0B	0	1.1B
2017	1.1B	1.1B	1.1B	1.1B
2016	1.2B	1.2B	1.2B	1.1B
2015	1.2B	1.2B	1.2B	1.2B
2014	1.1B	1.2B	1.2B	1.3B
2013	999.7M	1.0B	1.0B	1.0B
2012	688.7M	888.3M	1.0B	1.0B
2011	231.9M	224.5M	281.8M	520.0M
2010	0	249.6M	243.1M	236.6M
2009	0	0	0	256.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Cumulus Media Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	walker robert j	sold (taxes)	-	-	-3,472	president - operations
Feb 26, 2024	milner david edward	sold (taxes)	-	-	-3,857	president - operations
Feb 26, 2024	berner mary g.	acquired	-	-	59,542	president & ceo
Feb 26, 2024	berner mary g.	sold (taxes)	-	-	-32,604	president & ceo
Feb 26, 2024	lopez-balboa francisco j	sold (taxes)	-	-	-13,619	see remarks
Feb 26, 2024	milner david edward	acquired	-	-	8,933	president - operations
Feb 26, 2024	lopez-balboa francisco j	acquired	-	-	30,843	see remarks
Feb 26, 2024	jones collin r.	sold (taxes)	-	-	-3,700	see remarks
Feb 26, 2024	walker robert j	acquired	-	-	8,933	president - operations
Feb 26, 2024	denning richard	sold (taxes)	-	-	-2,646	see remarks

Which funds bought or sold CMLS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	reduced	-24.71	-71,337	73,670	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	1,000	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	sold off	-100	-267,793	-	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	155,586	3,598,760	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	100	179,598	342,778	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	added	199	278,000	408,000	0.03%
Feb 15, 2024	BARCLAYS PLC	unchanged	-	12,000	263,000	-%
Feb 14, 2024	D. E. Shaw & Co., Inc.	reduced	-1.41	7,870	266,213	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-58.92	-198,330	149,215	-%
Feb 14, 2024	Mariner, LLC	reduced	-0.87	2,104	60,339	-%

Are Funds Buying or Selling CMLS?

Are funds buying CMLS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CMLS

No. of Funds

Unveiling Cumulus Media Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 29, 2024	seaport global asset management llc	6.4%	1,044,481	SC 13G
Jan 24, 2024	renew group private ltd	10.01%	1,621,426	SC 13D
Jan 10, 2024	zazove associates llc	12.40%	2,008,417	SC 13G/A
Jul 28, 2023	renew group private ltd	5.15%	0	SC 13G
Jul 28, 2023	renew group private ltd	5.15%	0	SC 13D
Jul 10, 2023	morgan stanley	0.1%	25,311	SC 13G/A
Jul 07, 2023	blackrock inc.	1.0%	183,385	SC 13G/A
Feb 14, 2023	sp signal manager, llc	0085%	15	SC 13G/A
Feb 13, 2023	capital world investors	4.4%	779,368	SC 13G/A
Feb 09, 2023	beach point capital management lp	3.4%	596,769	SC 13G/A

Recent SEC filings of Cumulus Media Inc

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 17, 2024	8-K	Current Report
Apr 15, 2024	8-K	Current Report
Apr 10, 2024	8-K	Current Report
Apr 03, 2024	8-K	Current Report
Mar 29, 2024	DEF 14A	DEF 14A
Mar 27, 2024	8-K	Current Report
Mar 12, 2024	8-K	Current Report

Peers (Alternatives to Cumulus Media Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
NYT	7.1B	2.4B	-1.16%	10.48%	30.69	2.94	5.10%	33.63%
TGNA	2.4B	2.9B	-3.36%	-17.99%	5.1	0.84	-11.23%	-24.39%
SMALL-CAP
GTN	553.8M	3.3B	-0.33%	-	-7.29	0.17	-10.75%	-116.70%
GCI	400.3M	2.7B	21.17%	47.80%	-14.4	0.15	-9.57%	64.37%
CMLS	44.7M	844.5M	-20.82%	-26.03%	-0.38	0.05	-11.43%	-826.08%
BBGI	20.9M	247.1M	-12.50%	-9.20%	-0.28	0.08	-3.62%	-78.30%
EDUC	17.7M	57.0M	-3.29%	-4.63%	73.17	0.31	-40.68%	192.35%

Cumulus Media Inc News

Latest updates

Cumulus Media Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.7%	221	207	210	206	251	233	237	232	252	238	225	202	246	196	146	228	285	281	280	267	229
Operating Expenses	49.8%	284	190	207	205	242	205	210	217	235	190	212	210	227	201	178	220	268	235	199	245	-
S&GA Expenses	5.1%	96.00	92.00	94.00	94.00	98.00	93.00	97.00	95.00	100	93.00	93.00	90.00	98.00	86.00	80.00	104	117	115	116	114	-
EBITDA Margin	-71.5%	0.03*	0.12*	0.13*	0.14*	0.15*	0.17*	0.19*	0.17*	0.15*	0.13*	0.08*	0.03*	0.05*	0.05*	0.09*	0.19*	0.20*	0.23*	0.21*	0.11*	0.12*
Interest Expenses	-0.3%	18.00	18.00	18.00	18.00	17.00	16.00	16.00	16.00	16.00	16.00	18.00	18.00	19.00	16.00	16.00	17.00	17.00	23.00	21.00	22.00	-
Income Taxes	1211.4%	18.00	-1.60	-4.80	6.00	-4.93	5.00	4.00	-0.18	3.00	4.00	1.00	-4.35	-0.63	-5.08	-12.00	-1.55	-1.21	7.00	17.00	-0.18	-20.05
Earnings Before Taxes	-6951.0%	-80.29	1.00	-5.90	-15.70	-4.99	13.00	13.00	-1.10	21.00	31.00	-5.20	-26.30	-0.89	-20.90	-48.29	-8.90	0.00	23.00	60.00	0.00	24.00
EBT Margin	-310.2%	-0.12*	-0.03*	-0.01*	0.01*	0.02*	0.05*	0.07*	0.05*	0.02*	0.00*	-0.06*	-0.12*	-0.10*	-0.09*	-0.04*	0.07*	0.08*	0.10*	0.10*	0.14*	0.14*
Net Income	-3702.7%	-98.07	3.00	-1.07	-21.47	-0.05	9.00	9.00	-0.90	18.00	27.00	-5.89	-21.92	-0.25	-15.80	-36.32	-7.35	2.00	16.00	43.00	0.00	49.00
Net Income Margin	-514.4%	-0.14*	-0.02*	-0.02*	0.00*	0.02*	0.04*	0.06*	0.04*	0.02*	0.00*	-0.05*	-0.09*	-0.07*	-0.07*	-0.03*	0.05*	0.06*	0.10*	0.10*	0.45*	0.46*
Free Cashflow	96.3%	-0.52	-13.85	5.00	16.00	11.00	17.00	-0.14	19.00	28.00	3.00	-14.34	23.00	-33.34	5.00	25.00	21.00	9.00	27.00	21.00	17.00	-24.25

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.3%	1,440	1,521	1,524	1,566	1,609	1,635	1,624	1,700	1,717	1,722	1,676	1,842	1,860	1,917	1,753	1,803	1,761	1,765	1,768	1,772	1,775
Current Assets	-0.6%	287	289	287	314	345	357	336	398	407	392	353	495	503	556	396	433	381	-	-	-	395
Cash Equivalents	-2.6%	81.00	83.00	92.00	119	107	118	109	181	177	153	125	294	272	354	197	106	17.00	8.00	21.00	15.00	30.00
Net PPE	-2.7%	181	186	187	188	190	185	186	189	192	194	193	204	209	216	222	229	233	-	-	-	236
Liabilities	1.4%	1,154	1,138	1,144	1,181	1,201	1,225	1,220	1,281	1,298	1,322	1,305	1,466	1,462	1,520	1,341	1,355	1,306	1,326	1,346	1,366	1,385
Current Liabilities	7.0%	144	134	135	138	146	141	131	138	140	137	124	137	129	132	109	126	140	-	-	-	117
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	460	-	-	-	500	515	591	-	1,230
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	5.00	5.00	5.00	5.00	5.00	5.00	-	-	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,006	515	591	-	1,230
Shareholder's Equity	-25.3%	287	383	379	385	408	410	404	419	419	400	372	376	398	397	412	448	455	452	434	391	390
Retained Earnings	-127.9%	-21.40	77.00	74.00	75.00	96.00	97.00	88.00	79.00	80.00	63.00	35.00	41.00	63.00	63.00	79.00	115	123	-	-	-	61.00
Additional Paid-In Capital	0.3%	354	353	351	350	348	347	345	344	342	341	339	338	337	336	335	334	334	-	-	-	328
Shares Outstanding	0.3%	17.00	17.00	16.00	18.00	20.00	19.00	20.00	21.00	20.00	21.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00
Float	-	-	-	65.00	-	-	-	144	-	-	-	296	-	-	-	60.00	-	-	-	232	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	148.1%	3,271	-6,798	11,530	23,658	23,964	23,992	6,202	24,322	35,299	12,528	-5,255	25,946	-28,027	9,248	27,773	24,216	21,207	34,109	26,610	22,344	-
Share Based Compensation	-19.7%	1,181	1,471	1,492	1,126	1,517	1,518	1,687	1,507	1,404	1,372	1,358	1,057	735	861	985	719	2,759	1,177	-1,106	1,208	2,083
Cashflow From Investing	-214.1%	-3,609	3,164	-6,301	-75.00	-11,439	-6,859	-3,917	-4,021	-6,916	16,505	-8,240	-2,890	-4,415	-3,984	63,866	8,892	-11,531	36,316	97,930	-5,126	-
Cashflow From Financing	69.7%	-1,809	-5,979	-31,692	-12,133	-23,241	-7,678	-74,686	-16,234	-4,272	-1,094	-155,333	-1,011	-49,519	151,544	-1,848	57,008	-1,812	-84,248	-119,367	-29,463	-
Buy Backs	-	-	-	6,277	1,511	2,934	3,922	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-

CMLS Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net revenue	$ 844,548	$ 953,506
Operating expenses:
Content costs	331,359	357,478
Selling, general & administrative expenses	377,032	383,375
Depreciation and amortization	58,176	56,386
Corporate expenses	70,011	62,471
Gain on sale or disposal of assets or stations	(16,064)	(1,537)
Impairment of intangible assets	65,312	15,544
Total operating expenses	885,826	873,717
Operating (loss) income	(41,278)	79,789
Non-operating expense:
Interest expense	(71,269)	(64,890)
Interest income	2,359	340
Gain on early extinguishment of debt	9,849	4,496
Other expense, net	(357)	(130)
Total non-operating expense, net	(59,418)	(60,184)
(Loss) income before income taxes	(100,696)	19,605
Income tax expense	(17,183)	(3,370)
Net (loss) income	$ (117,879)	$ 16,235
Basic and diluted (loss) earnings per common share (see Note 12, "(Loss) Earnings Per Share"):
Basic (Loss) Earnings per share (in USD per share)	$ (6.83)	$ 0.83
Diluted (Loss) Earnings per share (in USD per share)	$ (6.83)	$ 0.81
Weighted average basic common shares outstanding (in shares)	17,269,001	19,560,257
Weighted average diluted common shares outstanding (in shares)	17,269,001	20,023,291

CMLS Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 80,660	$ 107,433
Accounts receivable, less allowance for doubtful accounts of $5,983 and $5,936 at December 31, 2023 and 2022, respectively	180,706	210,254
Trade receivable	1,495	2,044
Prepaid expenses and other current assets	24,036	25,540
Total current assets	286,897	345,271
Property and equipment, net	180,596	190,107
Operating lease right-of-use assets	118,646	135,236
Broadcast licenses	741,716	807,544
Other intangible assets, net	95,913	115,751
Deferred income tax assets	0	5,972
Other assets	16,533	9,150
Total assets	1,440,301	1,609,031
Current liabilities:
Accounts payable and accrued expenses	114,072	114,826
Current portion of operating lease liabilities	27,515	27,970
Trade payable	2,152	2,812
Total current liabilities	143,739	145,608
Term loan due 2026, net of debt issuance costs of $1,223 and $1,785 at December 31, 2023 and 2022, respectively	328,287	336,667
6.75% senior notes, net of debt issuance costs of $2,108 and $3,138 at December 31, 2023 and 2022, respectively	344,137	377,789
Operating lease liabilities	113,141	119,925
Financing liabilities, net	205,890	212,993
Other liabilities	6,200	6,991
Deferred income tax liabilities	12,325	653
Total liabilities	1,153,719	1,200,626
Commitments and contingencies (Note 14)
Stockholders' equity:
Treasury stock, at cost, 5,218,736 and 2,927,739 shares at December 31, 2023 and 2022, respectively	(45,747)	(36,533)
Additional paid-in-capital	353,732	348,462
(Accumulated deficit) retained earnings	(21,403)	96,476
Total stockholders' equity	286,582	408,405
Total liabilities and stockholders' equity	1,440,301	1,609,031
Term Loan Due 2026
Current liabilities:
6.75% senior notes, net of debt issuance costs of $2,108 and $3,138 at December 31, 2023 and 2022, respectively	328,300
Class A Common Stock
Stockholders' equity:
Common stock	0	0
Class B Common Stock
Stockholders' equity:
Common stock	$ 0	$ 0

About Cumulus Media Inc

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 404 stations in 85 markets, as well as approximately 9,400 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. In addition, the company provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was founded in 2002 and is based in Atlanta, Georgia.

CEO	Ms. Mary G. Berner
WEBSITE	cumulusmedia.com
INDUSTRY	Media
EMPLOYEES	2455

Cumulus Media Inc Frequently Asked Questions

What is the ticker symbol for Cumulus Media Inc? What does CMLS stand for in stocks?

CMLS is the stock ticker symbol of Cumulus Media Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cumulus Media Inc (CMLS)?

As of Wed Apr 24 2024, market cap of Cumulus Media Inc is 44.68 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CMLS stock?

You can check CMLS's fair value in chart for subscribers.

What is the fair value of CMLS stock?

You can check CMLS's fair value in chart for subscribers. The fair value of Cumulus Media Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cumulus Media Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CMLS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cumulus Media Inc a good stock to buy?

The fair value guage provides a quick view whether CMLS is over valued or under valued. Whether Cumulus Media Inc is cheap or expensive depends on the assumptions which impact Cumulus Media Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CMLS.

What is Cumulus Media Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, CMLS's PE ratio (Price to Earnings) is -0.38 and Price to Sales (PS) ratio is 0.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CMLS PE ratio will change depending on the future growth rate expectations of investors.