NASDAQ:EMMS opened at $3.61 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.52 and a current ratio of 0.52. Emmis Communications has a 52-week low of $3.13 and a 52-week high of $5.83. The firm has a market cap of $46.89 million, a P/E ratio of 2.07 and a beta of 1.13.
Emmis Communications (NASDAQ:EMMS) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.04) earnings per share (EPS) for the quarter. Emmis Communications had a net margin of 20.46% and a return on equity of 23.10%. The company had revenue of $23.75 million for the quarter.
An institutional investor recently raised its position in Emmis Communications stock. Zazove Associates LLC raised its holdings in shares of Emmis Communications Co. (NASDAQ:EMMS) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,069,861 shares of the company’s stock after buying an additional 166,422 shares during the quarter. Zazove Associates LLC owned about 8.22% of Emmis Communications worth $3,429,000 as of its most recent filing with the Securities & Exchange Commission. 34.67% of the stock is owned by institutional investors.
Emmis Communications Company Profile
Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates in three segments: Radio, Publishing, and Corporate & Emerging Technologies. It operates 11 FM and 3 AM radio stations in New York, Los Angeles, Indianapolis, and Austin, as well as publishes Indianapolis monthly magazine.
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