Cumulus Media Class Stock Today

CMLS Stock  USD 0.74  0.01  1.37%   

Performance

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Odds Of Distress

Less than 40

 
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Below Average
Cumulus Media is selling for under 0.74 as of the 21st of November 2024; that is 1.37% up since the beginning of the trading day. The stock's lowest day price was 0.7. Cumulus Media has about a 40 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 22nd of October 2024 and ending today, the 21st of November 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 16.67 M outstanding shares of which 149.69 K shares are currently shorted by private and institutional investors with about 2.97 trading days to cover. More on Cumulus Media Class

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Cumulus Stock Highlights

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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.5864
Way Down
Slightly volatile
Gross Profit Margin0.340.6076
Way Down
Slightly volatile
Net Debt1.2 B732.4 M
Way Up
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
Debt Levels
Cumulus Media can leverage 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.
Liquidity
Cumulus Media Class currently holds 813.08 M 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. Note, when we think about Cumulus Media's use of debt, we should always consider it together with its 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 12.42 M. Cumulus Media Class conducts business under Media sector and is part of Communication Services industry. The entity has 16.67 M outstanding shares of which 149.69 K shares are currently shorted by private and institutional investors with about 2.97 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 holds a total of 16.67 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cumulus Ownership Details

Cumulus Stock Institutional Holders

InstituionRecorded OnShares
Ubs Group Ag2024-06-30
72.5 K
Northern Trust Corp2024-09-30
60.8 K
State Street Corp2024-06-30
59.9 K
Barclays Plc2024-06-30
49.3 K
Sigma Planning Corp2024-06-30
39.9 K
Renaissance Technologies Corp2024-09-30
38.7 K
Hsbc Holdings Plc2024-06-30
37.4 K
Goldman Sachs Group Inc2024-06-30
32 K
American Century Companies Inc2024-09-30
31 K
Zazove Associates Llc2024-06-30
1.5 M
Capital World Investors2024-09-30
779.4 K
View Cumulus Media Diagnostics

Cumulus Media Historical Income Statement

At this time, Cumulus Media's Interest Expense is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 349.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 49.7 M in 2024. View More Fundamentals

Cumulus Stock Against Markets

Additional Tools for Cumulus Stock Analysis

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.