Townsquare Media (TSQ)
Connects local audiences and businesses through radio, digital advertising, and subscription marketing services.
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Operates local radio stations, owned digital properties, programmatic advertising, and Townsquare Interactive's subscription marketing services. Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising are reportable segments; the two digital businesses account for most revenue.
Operates radio stations, local websites, apps, and streams across local U.S. markets. Broadcast Advertising sells local, regional, and national terrestrial-radio advertising; Digital Advertising combines programmatic advertising with owned-and-operated digital properties.
Subscription Digital Marketing Solutions is delivered through Townsquare Interactive, offering local businesses search-engine optimization, reputation management, social-media management, business listings, and web/mobile-presence services. Live events sit outside the three reportable segments.
Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising are the reportable segments, and the two digital lines account for most revenue. The business depends on advertising purchases; subscription marketing revenue also reflects sales velocity and headcount.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.2M · Total debt $488.2M · Total assets $494.7M · Shareholders' equity −$90.4M
- Revenue
- $115.4M
- Operating income
- −$12.3M
- Net income
- −$42.0M
HistoryDividendAnnual yieldUpcoming
| Institutions | 52.74% | 9.62M shares | |
|---|---|---|---|
| 63 holders · as of Jun 30, 2026 | |||
| Insiders | 40.66% | 7.41M shares | |
| 12 holders · as of Aug 12, 2026 | |||
| Other | 6.60% | 1.20M shares | |
| remainder | |||
18.23M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (18.23M in the company's Sep 22, 2026 report, 16.64M elsewhere); stakes use the report.
This company has 3 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Bill WilsonInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 16.34% | 2.98M A | filed Aug 12, 2026 |
Capital Management Corp /VAInstitution | 15.72% | 2.87M A | as of Jun 30, 2026 |
Stuart B. RosensteinInsiderofficer: EVP and CFO | 8.23% | 1.01M A · 492,663 B | filed Jan 16, 2026 |
Erik HellumInsiderofficer: COO | 5.02% | 914,542 A | filed Jun 11, 2026 |
American Century Companies IncInstitution | 4.52% | 824,004 A | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Bill Wilson | director, 10 percent owner, officer: Chief Executive Officer | −21,420 | $5.54 |
| Aug 11, 2026 | Bill Wilson | director, 10 percent owner, officer: Chief Executive Officer | −126,744 | $5.61 |
| Jun 9, 2026 | Erik Hellum | officer: COO | −35,000 | $6.44 |
| May 28, 2026 | Robert L. Worshek | officer: SVP, Chief Accounting Officer | −34,299 | $6.62 |
| May 20, 2026 | Claire Marie Yenicay | officer: EVP, Inv Rel and Corp Comm | −19,716 | $6.09 |
- iHeartMedia
Local audio advertising across radio, podcast, digital and social
- Beasley Broadcast Group
Multi-platform radio, digital and event advertising in U.S. markets
- The Trade Desk
Demand-side platform for programmatic advertising across digital channels
- Thryv
Marketing and sales software platform for local small businesses
- Yext
Local-business visibility management across AI and traditional search
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Townsquare Media | $5.02 | −0.99% | $85.5M | — | 27.4 | 0.2 | −0.1% |
| iHeartMedia | $2.41 | +0.21% | $312.8M | — | — | 0.1 | +4.7% |
| Beasley Broadcast Group | $16.91 | −1.11% | $30.3M | — | — | 0.2 | −16.7% |
| The Trade Desk | $13.22 | +0.34% | $6.53B | 16.3 | 109.0 | 2.2 | +3.0% |
| Thryv | $1.99 | −0.50% | $88.7M | — | — | 0.1 | −28.4% |
| Yext | $6.37 | −0.20% | $643.6M | 32.9 | 8.4 | 1.5 | −1.8% |
| Median | 24.6 | 58.7 | 0.2 | −1.8% |








