townsquare media group is a communities-focused media and entertainment company. townsquare media group creates and distributes original and motivating media experiences that connect communities seamlessly with content they love, people they trust, products they want, and things that matter. we attract, engage, and activate audiences on a local and national basis through our unique mix of market-leading marquee entertainment properties. our local business owns and operates 312 radio stations, over 326 companion websites, an e-commerce business (seizethedeal.com), and approximately 500 annual live events in 66 small and medium-sized markets across the country. our national business owns and operates leading music and entertainment-focused digital properties including tasteofcountry.com, loudwire.com, popcrush.com and screencrush.com, several leading multi-day music festivals, including mountain jam and the taste of country music festival; a digital advertising portfolio which reaches ov
Company profile
Ticker
TSQ
Exchange
Website
CEO
Bill Wilson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Townsquare Media, LLC
SEC CIK
Corporate docs
Subsidiaries
Townsquare Live Events International, LLC • Townsquare Next, LLC • Townsquare Live Productions, LLC • Townsquare Interactive, LLC • Townsquare MMN, LLC • Townsquare Commerce, LLC • Townsquare Finance, LLC • Townsquare Management Company, LLC • Townsquare Radio Holdings, LLC • Townsquare Radio, LLC ...
TSQ stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
1 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Townsquare Announces Fourth Quarter and Full Year 2023 Results
15 Mar 24
8-K
Departure of Directors or Certain Officers
28 Dec 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Townsquare Announces Third Quarter Results
9 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Townsquare Announces Second Quarter Results
9 Aug 23
Transcripts
TSQ
Earnings call transcript
2023 Q4
15 Mar 24
TSQ
Earnings call transcript
2023 Q3
9 Nov 23
TSQ
Earnings call transcript
2023 Q2
9 Aug 23
TSQ
Earnings call transcript
2023 Q1
10 May 23
TSQ
Earnings call transcript
2022 Q4
9 Mar 23
TSQ
Earnings call transcript
2022 Q3
11 Nov 22
TSQ
Earnings call transcript
2022 Q2
2 Aug 22
TSQ
Earnings call transcript
2022 Q1
14 May 22
TSQ
Earnings call transcript
2021 Q4
10 Mar 22
TSQ
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
10 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
144
Notice of proposed sale of securities
8 Apr 24
4
Claire Marie Yenicay
8 Apr 24
4
Scott Schatz
8 Apr 24
4
Erik Hellum
8 Apr 24
4
Stuart B Rosenstein
8 Apr 24
4
Bill Wilson
8 Apr 24
4
GARY L GINSBERG
8 Apr 24
4
STEVEN PRICE
8 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 38.46 mm | 38.46 mm | 38.46 mm | 38.46 mm | 38.46 mm | 38.46 mm |
Cash burn (monthly) | 3.88 mm | (no burn) | 6.34 mm | 1.30 mm | (no burn) | (no burn) |
Cash used (since last report) | 25.92 mm | n/a | 42.36 mm | 8.70 mm | n/a | n/a |
Cash remaining | 12.54 mm | n/a | -3.90 mm | 29.76 mm | n/a | n/a |
Runway (months of cash) | 3.2 | n/a | -0.6 | 22.8 | n/a | n/a |
Institutional ownership, Q3 2023
61.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 74 |
Opened positions | 11 |
Closed positions | 10 |
Increased positions | 20 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 74.24 bn |
Total shares | 9.69 mm |
Total puts | 2.10 k |
Total calls | 56.80 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
MSD Capital L P | 1.52 mm | $13.24 bn |
American Century Investment Management | 975.45 k | $0.00 |
American Century Companies | 818.24 k | $7.14 bn |
Beck Mack & Oliver | 775.00 k | $6.76 bn |
BLK Blackrock | 654.88 k | $5.71 bn |
Vanguard | 584.24 k | $5.09 bn |
Dimensional Fund Advisors | 544.99 k | $4.75 bn |
JB Capital Partners | 467.81 k | $4.08 bn |
Renaissance Technologies | 462.55 k | $4.04 bn |
Gamco Investors | 359.85 k | $3.14 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Apr 24 | Steven Price | Class B Common Stock | Sell | Dispose S | No | No | 12.36 | 1,565,681 | 19.35 mm | 897,115 |
4 Apr 24 | Steven Price | Class B Common Stock | Option exercise | Acquire M | No | No | 8.74 | 1,565,681 | 13.68 mm | 2,462,796 |
4 Apr 24 | Steven Price | Option to Purchase Class B Common Stock Class B Common Stock | Option exercise | Dispose M | No | No | 8.74 | 1,565,681 | 13.68 mm | 1,075,141 |
4 Apr 24 | Gary L Ginsberg | Class A Common Stock | Sell | Dispose S | No | No | 12.36 | 11,057 | 136.66 k | 89,107 |
4 Apr 24 | Gary L Ginsberg | Class A Common Stock | Option exercise | Acquire M | No | No | 9.63 | 11,057 | 106.48 k | 100,164 |
4 Apr 24 | Gary L Ginsberg | Option to Purchase Class A Common Stock Class A Common Stock | Option exercise | Dispose M | No | No | 9.63 | 11,057 | 106.48 k | 10,000 |
4 Apr 24 | Bill Wilson | Class A Common Stock | Sell | Dispose S | No | No | 12.36 | 391,420 | 4.84 mm | 2,139,135 |
4 Apr 24 | Bill Wilson | Class A Common Stock | Option exercise | Acquire M | No | No | 8.74 | 391,420 | 3.42 mm | 2,530,555 |
4 Apr 24 | Bill Wilson | Options to Purchase Class A Common Stock Class A Common Stock | Option exercise | Dispose M | No | No | 8.74 | 391,420 | 3.42 mm | 1,640,646 |
4 Apr 24 | Stuart B Rosenstein | Class B Common Stock | Sell | Dispose S | No | No | 12.36 | 782,840 | 9.68 mm | 492,663 |
News
Top 4 Tech & Telecom Stocks That May Crash In Q2
8 Apr 24
Barrington Research Maintains Outperform on Townsquare Media, Maintains $17 Price Target
2 Apr 24
Noble Capital Markets Maintains Outperform on Townsquare Media, Raises Price Target to $21
1 Apr 24
Barrington Research Reiterates Outperform on Townsquare Media, Maintains $17 Price Target
15 Mar 24
Townsquare Media Q4 Adj. EPS $0.34 Beats $0.27 Estimate, Sales $114.79M Beat $111.85M Estimate
15 Mar 24
Press releases
Townsquare Announces Purchase of Management Options That Were Expiring Shortly, Thereby Avoiding Shareholder Dilution
8 Apr 24
Townsquare Announces Repurchase of Just Under 10% of Outstanding Shares Reaffirms Q1'24 and FY'24 Guidance
1 Apr 24
Townsquare Announces Fourth Quarter and Full Year 2023 Results Announces Increase in Dividend
15 Mar 24