Cumulus Media upgraded by B. Riley FBR with a new price target
$CMLS
Broadcasting
Consumer Discretionary
B. Riley FBR upgraded Cumulus Media from Neutral to Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/5/2022 | $21.00 | Outperform | Barrington Research |
Barrington Research initiated coverage of Cumulus Media with a rating of Outperform and set a new price target of $21.00
B. Riley FBR upgraded Cumulus Media from Neutral to Buy and set a new price target of $14.00
"The Jim Rome Show" to Anchor New Lineup Audacy's "You Better You Bet" and "BetMGM Tonight" Join Westwood One Sports ATLANTA and NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Cumulus Media's Westwood One and Audacy today announced that the Infinity Sports Network will be rebranded as Westwood One Sports, effective December 29, 2025. This strategic move solidifies both companies as recognized leaders in national sports audio. Westwood One Sports' 24/7 network will continue to deliver unmatched live coverage, expert commentary, and real-time sports programming to millions of listeners nationwide. This extends a partnership between Westwood One and Audacy that first began with the launch of C
ATLANTA, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) will host a conference call on Thursday, October 30th at 8:30 AM ET to discuss its third quarter 2025 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast liv
NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Cumulus Media's (OTCQB:CMLS) Westwood One today announced that The Next Role with Vernon Davis has joined the Cumulus Podcast Network. Former NFL star and Super Bowl champion turned actor and producer Vernon Davis launched The Next Role, his new podcast that focuses on career transition and reinvention. The Next Role with Vernon Davis combines cinematic storytelling with deep, thought-provoking conversations exploring the transformative journeys of athletes, artists, comedians, and entrepreneurs as they redefine their careers and push creative boundaries. Each episode delves into the mental, emotional, physical, and spiritual process of reinvent
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ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) today announced the appointment of Steven M. Galbraith to its Board of Directors. "We are thrilled to welcome Steve to our board," said Chairman Andrew W. Hobson. "As a longtime shareholder in the Company, Steve has demonstrated a deep commitment to the Company's success. His impressive investment management background and expertise complement the diverse strengths and wide-ranging capabilities of our existing board, and we are excited to leverage his vision and insights to drive growth and capitalize on new opportunities." Galbraith is currently a managing member of Kindred Capital Advisors LLC, and is among the
ATLANTA, June 12, 2024 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ:CMLS) today announced the appointment of Kriston Aitken to Chief Human Resources Officer, effective July 1, 2024. Reporting to Mary G. Berner, President and CEO, Aitken will be responsible for Human Resources strategy and operations, talent management, compensation and benefits, and supporting the advancement of the company culture. She succeeds Todd McCarty, who will be retiring after nearly nine years with the company. Aitken joined Cumulus Media in 2016 and has held the position of Senior Vice President of Human Resources for the past two years. With a career spanning nearly two decades, Aitken has a wealth of experience
Washington, D.C., May 15, 2024 (GLOBE NEWSWIRE) -- The Washington Spirit and ESPN 630, DC's premier live and local sports radio station, will team up to broadcast 13 regular season matches in the Spirit's first-ever radio partnership, the club announced today. The partnership will begin on Saturday, May 18 when the Washington Spirit faces Angel City FC and will extend throughout the 2024 season. Match audiocasts will stream live directly to WashingtonSpirit.com, as well as the ESPN 630 app and website. "There is a demand for Washington Spirit matches and partnering with a renowned brand such as ESPN 630 was a great partnership decision to ensure the Spirit is as accessible as possible f
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ATLANTA, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) will host a conference call on Thursday, October 30th at 8:30 AM ET to discuss its third quarter 2025 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast liv
ATLANTA, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) (the "Company," "Cumulus Media," "we," "us," or "our") today announced operating results for the three and six months ended June 30, 2025. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, "While the advertising backdrop for legacy media remains challenging, in the quarter we continued to outperform our radio peers, gaining market share across all broadcast spot revenue channels. We also significantly outperformed in digital, delivering double the growth rate of our radio peers, driven by the 38% year-over-year increase in our digital marketing services business. Additionally, we execu
ATLANTA, July 24, 2025 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (OTCQB:CMLS) will host a conference call on Thursday, August 7th at 8:30 AM ET to discuss its second quarter 2025 operating results. A press release containing a summary of these results will be issued before the call at approximately 8:00 AM ET. To participate in the conference call, please register in advance using this link. NetRoadshow (NRS) is the service provider for this call. Registration requires a one-time only email address verification. Upon completing registration, a calendar invitation will follow with call access details, including a unique PIN, and replay details. The conference call will also be broadcast live