Stocks · Communication Services · Broadcasting

Townsquare Media, Inc. TSQ

$4.55 +4.60% Close, Oct 2, 2026 · NYSE · Market cap $75.7M

Inexpensive vs sector

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $-2.88, down 242.2% year over year.
  2. Operating margin narrowed to 5.6% from 14.4% a year earlier.
  3. Net debt is 4.6× EBITDA, a high level of leverage.

PromtFinance scores

Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth17Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 20%
  • EPS growth (TTM, YoY)Bottom 16%
  • FCF growth (TTM, YoY)Bottom 21%
  • Revenue growth, 3-year CAGRBottom 22%
  • Revenue growth accelerationTop 38%
Quality39Weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 41%
  • Gross marginBottom 12%
  • Operating marginBottom 48%
  • Accruals (lower is better)Top 25%
  • Net debt / EBITDA (lower is better)Bottom 26%
  • Interest coverBottom 36%
Value82Strong

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 13%
  • Free-cash-flow yieldTop 13%
  • EBITDA / enterprise valueTop 10%
  • Sales / enterprise valueTop 33%
Momentum23Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 33%
  • 6-month returnBottom 22%
  • 1-year return vs S&P 500Bottom 26%
  • Distance from 52-week highBottom 35%
  • Trend checklist (0–4)Bottom 18%
Revisions86Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 5%
  • Consecutive EPS beatsBottom 47%
  • Share of analysts rating BuyTop 45%
Stability23Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 47%
  • Maximum drawdown, 3 yearsBottom 34%
  • Beta vs S&P 500 (lower is better)Bottom 27%
  • Net debt / EBITDA (lower is better)Bottom 26%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-5.5%-4.9%↑
Gross margin27.8%22.6%↓
Operating margin14.4%5.6%↓
FCF margin5.9%3.4%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-4.9%-5.5%↑Bottom 20%
EPS growth (TTM, YoY)-242.2%—Bottom 16%
Gross margin22.6%27.8%↓Bottom 12%
Operating margin5.6%14.4%↓Bottom 48%
Net margin-11.8%7.8%↓—
Free-cash-flow margin3.4%5.9%↓—
Return on invested capital5.6%—Top 41%
Revenue growth, 3-year CAGR-2.6%—Bottom 22%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-15.9%
Stock-based compensation / revenueA cost to shareholders through dilution.
3.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+5.8 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.64×
Interest cover (operating income / interest)How many times operating profit covers interest.
0.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
18.34%
Net buyback yield (TTM)
-1.06%
Shareholder yield
17.28%
Share count change, 1 year
+7.9%
Share count change, 3-year CAGR
+1.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
2 of 8
Average EPS surprise, last 4
+100.0%
Average 2-day reaction, last 8
-1.1%
Positive 20 days after report
3 of 8

Analysts

Analysts with a rating
7
Share rating Buy or Strong Buy
57%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 6, 2026+1175.7%-0.5%-11.0%-10.5%—
May 11, 2026-33.3%+10.1%-7.9%+0.2%-2.9%
Mar 16, 2026+190.9%-12.0%-26.6%-11.0%-6.2%
Nov 10, 2025-820.0%-11.3%-15.4%-21.6%+10.5%
Aug 6, 2025-54.0%-2.0%+1.4%+4.9%-8.5%
May 8, 2025-140.0%+3.8%+4.1%+2.3%+0.1%
Mar 17, 2025+0.0%+4.5%+2.4%-10.5%-6.8%
Nov 7, 2024+0.0%-1.2%-4.3%-1.2%-11.6%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 6, 2026$2.36$0.19+1175.7%$115.4M
May 11, 2026-$0.16-$0.12-33.3%$96.8M
Mar 16, 2026$0.32$0.11+190.9%$106.5M
Nov 10, 2025-$0.36$0.05-820.0%$106.8M
Aug 6, 2025$0.10$0.21-54.0%$115.4M
May 8, 2025-$0.12-$0.05-140.0%$98.7M
Mar 17, 2025$0.60$0.60+0.0%$117.8M
Nov 7, 2024$0.35$0.35+0.0%$115.3M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / EBITDA5.4×——Top 10%
EV / Sales1.32×——Top 33%
Free-cash-flow yield18.83%——Top 13%
Earnings yield-63.30%——Bottom 13%

P/E over the past five years

Range 3.4× – 301.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-31.4%
Earnings per share growth (TTM)
-242.2%
Change in P/E multiple
-56.9%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-11.2%
200-day average slope (20 days)
+0.3%
Distance from 50-day average
-17.9%
Distance from 200-day average
-25.9%
RSI (14)
32.9
Relative volume
1.86×

Risk and drawdowns

Volatility, 60 days (annualized)
46.0%
Volatility vs own 5-year history
68th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.24
Correlation with S&P 500
0.40
Current drawdown from 1-year high
-41.0%
Maximum drawdown, 3 years
-66.8%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Nov 10, 2021Oct 1, 2026-70.5%1226 daysNot yet recovered
Mar 18, 2021Apr 20, 2021-19.4%22 days17 days (May 13, 2021)
Jun 11, 2021Jul 19, 2021-18.1%25 days79 days (Nov 8, 2021)
Dec 15, 2020Dec 18, 2020-15.3%3 days19 days (Jan 19, 2021)
Oct 7, 2020Oct 30, 2020-10.1%17 days6 days (Nov 9, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$75.7M
EPS, diluted (TTM)
-$2.88
Revenue (TTM)
$425.4M
Dividend yield
21.98%
52-week range
$4.30 – $7.97
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$418.0M$463.1M$454.2M$451.0M$427.4M
Gross profit$129.7M$138.1M$125.0M$124.2M$90.7M
Operating income$74.5M$55.6M-$19.1M$21.7M$55.9M
Net income$16.7M$12.3M-$45.0M-$12.7M-$11.5M
EPS (diluted)$0.79$0.68-$2.68-$0.81-$0.71
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$115.3M$117.8M$98.7M$115.4M$106.8M$106.5M$96.8M$115.4M
Net income$10.8M$24.6M-$2.0M$1.6M-$5.9M-$5.2M$2.8M-$42.0M
EPS (diluted)$0.63$1.42-$0.12$0.09-$0.36-$0.32$0.16-$2.36
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$61.1M$50.2M$67.8M$48.7M$30.6M
Capital expenditure-$12.4M-$20.8M-$15.0M-$17.4M-$15.2M
Free cash flow$48.7M$29.4M$52.8M$31.3M$15.4M
Dividends paid-$60,000$0-$9.3M-$12.3M-$13.2M
Net share buybacks-$1.4M-$225,000-$16.6M-$23.6M$853,000

Cash outflows are shown as negative numbers.

Cash and short-term investments
$1.2M
Total assets
$494.7M
Total liabilities
$583.3M
Total debt
$488.2M
Net debt
$487.0M
Shareholders’ equity
-$90.4M

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Oct 26, 2026$0.20Nov 2, 2026
Jul 27, 2026$0.20Aug 3, 2026
Apr 27, 2026$0.20May 4, 2026
Jan 26, 2026$0.20Feb 2, 2026
Oct 27, 2025$0.20Nov 3, 2025
Jul 18, 2025$0.20Aug 1, 2025
Apr 17, 2025$0.20May 1, 2025
Jan 21, 2025$0.20Feb 1, 2025

Short interest

Shares sold short
233,560
Days to cover
4.03
Change vs previous report
+33.6%

FINRA short interest, settlement date Sep 15, 2026.