Cumulus Media Class Stock Today

CMLS Stock  USD 2.70  0.29  9.70%   

Performance

0 of 100

 
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Odds Of Distress

Less than 42

 
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Below Average
Cumulus Media is selling for under 2.70 as of the 23rd of April 2024; that is -9.7% down since the beginning of the trading day. The stock's lowest day price was 2.68. Cumulus Media has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Cumulus Media Class are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
25th of June 1998
Category
Communication Services
Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. Cumulus Media Inc. was incorporated in 2002 and is based in Atlanta, Georgia. Cumulus Media operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. The company has 16.53 M outstanding shares of which 293.94 K shares are currently shorted by private and institutional investors with about 3.0 trading days to cover. More on Cumulus Media Class

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Cumulus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cumulus Media's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cumulus Media or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorMary Berner
Thematic IdeaRailroads (View all Themes)
Business ConcentrationBroadcasting, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Railroads, Communication Services, Media, Broadcasting, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Cumulus Media report their recommendations after researching Cumulus Media's financial statements, talking to executives and customers, or listening in on Cumulus Media's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cumulus Media Class. The Cumulus consensus assessment is calculated by taking the average forecast from all of the analysts covering Cumulus Media.
Financial Strength
Based on the key measurements obtained from Cumulus Media's financial statements, Cumulus Media Class may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Cumulus Media Class is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.5864
Way Down
Slightly volatile
Gross Profit Margin0.340.528
Way Down
Slightly volatile
Total Current Liabilities97.7 M143.7 M
Way Down
Very volatile
Non Current Liabilities Total1.5 BB
Way Up
Slightly volatile
Total Assets1.9 B1.4 B
Significantly Up
Slightly volatile
Total Current Assets260.3 M286.9 M
Moderately Down
Pretty Stable
Cumulus Media's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cumulus Media's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cumulus Media's financial leverage. It provides some insight into what part of Cumulus Media's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cumulus Media's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cumulus Media deploys its capital and how much of that capital is borrowed.
Liquidity
Cumulus Media cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.03 B in liabilities with Debt to Equity (D/E) ratio of 2.2, implying the company greatly relies on financing operations through barrowing. Cumulus Media Class has a current ratio of 2.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Cumulus Media until it has trouble settling it off, either with new capital or with free cash flow. So, Cumulus Media's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cumulus Media Class sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cumulus to invest in growth at high rates of return. When we think about Cumulus Media's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

30.08 Million
Cumulus Media Class (CMLS) is traded on NASDAQ Exchange in USA. It is located in 780 Johnson Ferry Road NE, Atlanta, GA, United States, 30342 and employs 2,464 people. Cumulus Media is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cumulus Media's market, we take the total number of its shares issued and multiply it by Cumulus Media's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cumulus Media Class conducts business under Media sector and is part of Communication Services industry. The entity has 16.53 M outstanding shares of which 293.94 K shares are currently shorted by private and institutional investors with about 3.0 trading days to cover. Cumulus Media Class currently holds about 108.69 M in cash with 31.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Cumulus Media Probability Of Bankruptcy
Ownership Allocation
Cumulus Media Class retains a total of 16.53 Million outstanding shares. 30% of Cumulus Media Class outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Cumulus Ownership Details

Cumulus Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Cumulus Media jumping above the current price in 90 days from now is over 95.76%. The Cumulus Media Class probability density function shows the probability of Cumulus Media stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.2132 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cumulus Media will likely underperform. Additionally, cumulus Media Class has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.7HorizonTargetOdds Above 2.7
4.22%90 days
 2.70 
95.76%
Based on a normal probability distribution, the odds of Cumulus Media to move above the current price in 90 days from now is over 95.76 (This Cumulus Media Class probability density function shows the probability of Cumulus Stock to fall within a particular range of prices over 90 days) .

Cumulus Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cumulus Media that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cumulus Media's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cumulus Media's value.
InstituionRecorded OnShares
Susquehanna International Group, Llp2023-12-31
105.5 K
O'shaughnessy Asset Management Llc2023-12-31
94.6 K
Ejf Capital Llc2023-12-31
88.9 K
Gsa Capital Partners Llp2023-12-31
76.7 K
Ancora Advisors Llc2023-12-31
74.1 K
Citadel Advisors Llc2023-09-30
68.3 K
Northern Trust Corp2023-12-31
65.7 K
Balanced Rock Investment Advisor2023-12-31
64.5 K
Goldman Sachs Group Inc2023-12-31
64.4 K
Zazove Associates Llc2023-12-31
1.5 M
Capital World Investors2023-12-31
779.4 K
View Cumulus Media Diagnostics

Cumulus Media Historical Income Statement

Cumulus Media Class Income Statement is one of the three primary financial statements used for reporting Cumulus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cumulus Media Class revenue and expense. Cumulus Media Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cumulus Media's Interest Expense is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 463.1 M in 2024, whereas Total Revenue is likely to drop slightly above 699.3 M in 2024. View More Fundamentals

Cumulus Stock Against Markets

Picking the right benchmark for Cumulus Media stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cumulus Media stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cumulus Media is critical whether you are bullish or bearish towards Cumulus Media Class at a given time. Please also check how Cumulus Media's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cumulus Media without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cumulus Media Corporate Directors

Cumulus Media corporate directors refer to members of a Cumulus Media board of directors. The board of directors generally takes responsibility for the Cumulus Media's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cumulus Media's board members must vote for the resolution. The Cumulus Media board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Matthew BlankIndependent DirectorProfile
Collin JonesDirector of Investor RelationsProfile
Jeffrey MarcusLead Independent DirectorProfile
Jill BrightDirectorProfile

How to buy Cumulus Stock?

Before investing in Cumulus Media, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cumulus Media. To buy Cumulus Media stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cumulus Media. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Cumulus Media stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Cumulus Media Class stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Cumulus Media Class stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cumulus Media Class, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cumulus Stock please use our How to Invest in Cumulus Media guide.

Already Invested in Cumulus Media Class?

The danger of trading Cumulus Media Class is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cumulus Media is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cumulus Media. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cumulus Media Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cumulus Media Class is a strong investment it is important to analyze Cumulus Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cumulus Media's future performance. For an informed investment choice regarding Cumulus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cumulus Media Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Cumulus Media's price analysis, check to measure Cumulus Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cumulus Media is operating at the current time. Most of Cumulus Media's value examination focuses on studying past and present price action to predict the probability of Cumulus Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cumulus Media's price. Additionally, you may evaluate how the addition of Cumulus Media to your portfolios can decrease your overall portfolio volatility.
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Is Cumulus Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cumulus Media. If investors know Cumulus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cumulus Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Earnings Share
(6.83)
Revenue Per Share
48.905
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0097
The market value of Cumulus Media Class is measured differently than its book value, which is the value of Cumulus that is recorded on the company's balance sheet. Investors also form their own opinion of Cumulus Media's value that differs from its market value or its book value, called intrinsic value, which is Cumulus Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cumulus Media's market value can be influenced by many factors that don't directly affect Cumulus Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cumulus Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cumulus Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cumulus Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.