According to Zacks, “Entravision is a diversified media company utilizing a combination of television, radio, outdoor and publishing operations to reach Hispanic consumers in the United States. The company is the largest Univision-affiliated television group in the United States. It owns Univision-affiliated stations in 17 of the top 50 Hispanic markets in the United States. Also, the company operates the largest centrally programmed Spanish-language radio network. The company produces seven formats to appeal to the diverse musical tastes of the listeners. “
Entravision Communications Corp. (NYSE:EVC) opened at 7.60 on Tuesday. Entravision Communications Corp. has a one year low of $5.94 and a one year high of $9.55. The stock has a 50 day moving average of $7.52 and a 200 day moving average of $7.31. The company has a market cap of $680.48 million, a PE ratio of 30.40 and a beta of 2.27.
Entravision Communications Corp. (NYSE:EVC) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.06. The company earned $64.82 million during the quarter, compared to the consensus estimate of $63.38 million. Entravision Communications Corp. had a return on equity of 13.82% and a net margin of 8.96%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.06 EPS. On average, analysts anticipate that Entravision Communications Corp. will post $0.32 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 15th were paid a dividend of $0.0313 per share. The ex-dividend date was Tuesday, September 13th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 1.64%. Entravision Communications Corp.’s dividend payout ratio (DPR) is presently 54.17%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Kempen Capital Management N.V. increased its position in Entravision Communications Corp. by 161.7% in the first quarter. Kempen Capital Management N.V. now owns 45,394 shares of the company’s stock valued at $338,000 after buying an additional 28,051 shares during the last quarter. Royce & Associates LP increased its position in Entravision Communications Corp. by 6.6% in the first quarter. Royce & Associates LP now owns 1,373,106 shares of the company’s stock valued at $10,216,000 after buying an additional 84,600 shares during the last quarter. California State Teachers Retirement System increased its position in Entravision Communications Corp. by 1.1% in the second quarter. California State Teachers Retirement System now owns 136,420 shares of the company’s stock valued at $917,000 after buying an additional 1,459 shares during the last quarter. Emerald Acquisition Ltd. acquired a new position in Entravision Communications Corp. during the second quarter valued at $2,401,000. Finally, Geode Capital Management LLC increased its position in Entravision Communications Corp. by 1.7% in the first quarter. Geode Capital Management LLC now owns 378,465 shares of the company’s stock valued at $2,815,000 after buying an additional 6,508 shares during the last quarter. Institutional investors and hedge funds own 58.10% of the company’s stock.
About Entravision Communications Corp.
Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.
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