Entercom Communications Corp. (NYSE:ETM)
CAPS Rating:
Engaged in the acquisition, development and operation of radio broadcast properties throughout the United States.
Engaged in the acquisition, development and operation of radio broadcast properties throughout the United States.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
Recs
The management of ETM is by far the largest shareholder. They have a strong stake in how well the company performs. Because the industry was down from fears of Sirius and XM taking over the market, radio broadcast companies stock prices have fallen. ETM has had no problem paying out huge dividends and has loads of cash flow. This stock should be valued somewhere around clear channel at $30 to $35 a share. ETM is a cash cow.