Broadcasting Stocks

That's the question asked by Simply Wall St. writer Autumn Haas, who offers her view on what The E.W. Scripps Co. represents for investors looking to perhaps buy -- or sell -- shares in the company.

Investor sentiment was largely positive in response to Sirius XM's pre-market opening announcement that it was purchasing Pandora Media one year after making a sizable investment in the streaming audio company. For shareholders, the mood was largely negative: SiriusXM shares slid by more than 10% in Monday's trading on incredibly high volume of more than 111 million shares.

Where should Beasley Broadcast Group shares be? On July 16, Beasley Broadcast Group shares sat at $10.60. At the Closing Bell on Friday, a 5.1% decline from Thursday's close was seen, lowering BBGI to $6.55.

U.S. financial markets were mixed on Wednesday, as the Dow Jones Industrial Average rose 0.61% to 26,405.76. The Nasdaq composite index fell 0.08%, ending the day’s trading session at 7,950.04.

On June 10, Gray Television shares were languishing just below the $11 level -- their lowest prices since December 2016. It was a small setback for the broadcast TV company: In July and November 2015, Gray shares were approaching $17 a share. Today, Gray stock is flying high.

Every investor in Emmis should be aware of the most powerful shareholder groups, notes Blake Harford of Simply Wall St. Insiders, he notes, often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. "I generally like to see some degree of insider ownership, even if only a little," Harford notes. So, what's Emmis' story?

Now free of its radio stations, The E.W. Scripps Co. is showing new might on Wall Street as a TV-focused company. Its share price has been on a steady climb since April 30, bringing SSP to levels last seen in late January. That said, Scripps is still far behind where it was 18 months ago.

Spanish Broadcasting System shares dipped 20% on Thursday, on volume that was about average. What does that mean for SBS? That's what many market observers may be asking, as the company comes precariously close to a matching its stock's all-time low, achieved in December 2017.

It's been nearly a year since Townsquare Media's stock price closed above $9 a share. Since August 22, that's been a regular occurrence. Now, Zacks has examined the stock to see if it is a better buy for value investors than Netflix. The answer it came up with was a no-brainer.

With the exit of CEO Les Moonves amid new sexual misconduct allegations the talk of the business world, Moody's Investors Service chimed in with its take on what's in store for CBS Corporation and its stock holders.

U.S. financial markets were mixed to end the day on Monday, as the Dow Jones Industrial Average fell 0.23% to 25,857.07. The Nasdaq composite index gained 0.27%, ending the day’s trading session at 7,924.16.

Spanish Broadcasting System shares finished the week with a 31.8% slide in Friday's trading. That puts SBSAA shares, traded on the OTC exchange, at its third-lowest price ever. While volume is very low, so is the company's market cap as of September 7.

CBS Corp. shares were up again on Wall Street Friday as investors reacted positively to reports disseminated Thursday that the company's Board of Directors is pitching an exit package to embattled CEO Les Moonves.

The California-based multimedia company specializing in Christian and conservative content will be rewarding stockholders with a dividend payment. It will be paid on September 28 to all Class A and Class B common stockholders of record as of September 17.

Don't look now, but one of the best performing media stocks in the last 60 days is that of Townsquare Media. The company's shares have improved substantially, and are at their highest level since mid-October 2017.