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MarketScreener Homepage  >  Equities  >  Nyse  >  Entercom Communications Corp.    ETM

ENTERCOM COMMUNICATIONS CORP.

(ETM)
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Entercom Communications : and National Urban League Partner to Advance Racial Justice and Equity Initiatives Across Communities - Communications

10/21/2020 | 11:57am EST

NEW YORK -- Entercom and the National Urban League today announced a partnership to advance racial justice and equity in the communities they serve.

Entercom, America's #1 creator of original, premium audio content, will collaborate with the National Urban League and its affiliates to promote Urban League programs in education, job training, entrepreneurship and more. The National Urban League will extend and deepen Entercom's connection within their shared communities.

"The community-based work we deliver alongside our network of 90 affiliates requires us to be a trusted voice that reaches into communities and supports our neighbors," National Urban League President and CEO Marc H. Morial said. "Entercom's partnership allows us to amplify our message while also helping bring bold conversations to the fore as we work to empower our communities and change lives."

"We're committed to helping foster a more just, equitable and inclusive nation," said David Field, Chairman, President and Chief Executive Officer, Entercom. "This partnership will connect us with diverse voices to further inform the ways we leverage our robust portfolio of digital and broadcast assets to serve our communities."

About National Urban League

The National Urban League is a historic civil rights organization dedicated to economic empowerment in order to elevate the standard of living in historically underserved urban communities. The National Urban League spearheads the efforts of its 90 local affiliates through the development of programs, public policy research and advocacy, providing direct services that impact and improve the lives of more than 2 million people annually nationwide. Visit www.nul.org and follow us on Facebook, Twitter and Instagram: @NatUrbanLeague.

About Entercom Communications Corp.

Entercom Communications Corp. (NYSE: ETM) is the #1 creator of live, original local audio content in the U.S and the unrivaled leader in local radio sports and news. Home to the nation's most influential collection of podcasts, digital and broadcast content, and premium live events and experiences, Entercom engages over 170 million consumers each month. Available on every device in every major U.S. market, the company delivers the industry's most compelling live and on-demand content and experiences from voices and influencers its communities trust and love. Entercom's robust portfolio of assets and integrated solutions offer advertisers today's most engaged audiences through targeted reach, brand amplification and local activation-all at national scale. Learn more at www.entercom.com, Facebook and Twitter (@Entercom).

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2020 1 060 M - -
Net income 2020 -56,0 M - -
Net Debt 2020 - - -
P/E ratio 2020 -6,98x
Yield 2020 0,70%
Capitalization 395 M 395 M -
Capi. / Sales 2020 0,37x
Capi. / Sales 2021 0,30x
Nbr of Employees 5 600
Free-Float 81,4%
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Technical analysis trends ENTERCOM COMMUNICATIONS CORP.
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 2,13 $
Last Close Price 2,86 $
Spread / Highest target 22,4%
Spread / Average Target -25,7%
Spread / Lowest Target -65,0%
EPS Revisions
Managers
NameTitle
David J. Field Chairman, President & Chief Executive Officer
Susan Larkin Chief Operating Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Joseph M. Field Chairman-Emeritus
David J. Berkman Lead Independent Director
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