Townsquare Media (NYSE:TSQ) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Posted by Stanley Muller on Jul 24th, 2026

Shares of Townsquare Media, Inc. (NYSE:TSQ – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.43 and traded as low as $6.42. Townsquare Media shares last traded at $6.47, with a volume of 56,360 shares changing hands.

Analysts Set New Price Targets

TSQ has been the subject of several recent research reports. Weiss Ratings upgraded Townsquare Media from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 13th. Wall Street Zen upgraded shares of Townsquare Media from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Zacks Research downgraded shares of Townsquare Media from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Finally, Barrington Research restated an “outperform” rating and set a $10.00 price target on shares of Townsquare Media in a report on Monday, May 11th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $10.00.

Get Our Latest Stock Report on Townsquare Media

Townsquare Media Stock Performance

The stock has a market cap of $107.66 million, a P/E ratio of -14.64, a P/E/G ratio of 2.56 and a beta of 1.20. The business has a 50 day simple moving average of $6.61 and a 200-day simple moving average of $6.44.

Townsquare Media (NYSE:TSQ – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.04). The company had revenue of $96.10 million for the quarter, compared to the consensus estimate of $96.46 million. Townsquare Media had a negative net margin of 1.59% and a negative return on equity of 7.41%. On average, sell-side analysts predict that Townsquare Media, Inc. will post 0.21 earnings per share for the current fiscal year.

Townsquare Media Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Monday, July 27th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date of this dividend is Monday, July 27th. Townsquare Media’s payout ratio is -186.05%.

Insider Buying and Selling

In other Townsquare Media news, COO Erik Hellum sold 35,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $6.44, for a total value of $225,400.00. Following the completion of the sale, the chief operating officer directly owned 914,542 shares of the company’s stock, valued at $5,889,650.48. This trade represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Robert L. Worshek sold 34,299 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $6.62, for a total value of $227,059.38. Following the completion of the sale, the chief accounting officer owned 142,722 shares in the company, valued at approximately $944,819.64. The trade was a 19.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 30.30% of the company’s stock.

Institutional Investors Weigh In On Townsquare Media

Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in Townsquare Media by 52.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 271,693 shares of the company’s stock valued at $2,212,000 after acquiring an additional 93,753 shares during the period. Rhumbline Advisers increased its stake in shares of Townsquare Media by 23.2% in the first quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock worth $147,000 after purchasing an additional 3,393 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Townsquare Media in the second quarter worth about $240,000. Marshall Wace LLP raised its position in shares of Townsquare Media by 63.1% in the second quarter. Marshall Wace LLP now owns 82,107 shares of the company’s stock valued at $649,000 after purchasing an additional 31,773 shares during the period. Finally, Gabelli Funds LLC lifted its stake in shares of Townsquare Media by 4.9% during the 2nd quarter. Gabelli Funds LLC now owns 57,500 shares of the company’s stock valued at $455,000 after buying an additional 2,700 shares in the last quarter. Hedge funds and other institutional investors own 71.69% of the company’s stock.

About Townsquare Media

(Get Free Report)

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.