With its tax-free, Reverse Morris Trust-fueled merger with CBS Radio on track, one would think Entercom and its leader, David Field, would be the new darlings of Wall Street. As Wells Fargo Securities Senior Analyst Marci Ryvicker notes in RBR+TVBR‘s Spring 2017 NAB Show Special Report, Field will be the radio industry’s “clear leader” following the deal’s closing.
Why, then, is Zacks Equity Research asking if Entercom is “positioned for a slump?” Perhaps a dividend analysis from Capital Cube can point to the answers.
