Tearsheet

MediaCo (MDIA)


Market Price (3/30/2026): $0.6301 | Market Cap: $51.5 Mil
Sector: Communication Services | Industry: Broadcasting

MediaCo (MDIA)


Market Price (3/30/2026): $0.6301
Market Cap: $51.5 Mil
Sector: Communication Services
Industry: Broadcasting

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 84%
Weak multi-year price returns
3Y Excs Rtn is -108%
Penny stock
Mkt Price is 0.7
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
  Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -23 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -18%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -49%
  Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 207%
3 Attractive yield
FCF Yield is 22%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -81%
4 Megatrend and thematic drivers
Megatrends include Digital Advertising, Social Media & Creator Economy, and Digital Content & Streaming. Themes include Ad-Tech Platforms, Show more.
  Key risks
MDIA key risks include [1] a significant debt burden with persistent operating losses and [2] potential shareholder dilution and high stock volatility compounded by delayed financial reporting.
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 84%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -49%
3 Attractive yield
FCF Yield is 22%
4 Megatrend and thematic drivers
Megatrends include Digital Advertising, Social Media & Creator Economy, and Digital Content & Streaming. Themes include Ad-Tech Platforms, Show more.
5 Weak multi-year price returns
3Y Excs Rtn is -108%
6 Penny stock
Mkt Price is 0.7
7 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -23 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -18%
8 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 207%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -81%
10 Key risks
MDIA key risks include [1] a significant debt burden with persistent operating losses and [2] potential shareholder dilution and high stock volatility compounded by delayed financial reporting.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

MediaCo (MDIA) stock has lost about 30% since 11/30/2025 because of the following key factors:

1. MediaCo has consistently struggled with significant profitability issues, notably reporting a net loss of -$41.3 million for the trailing twelve months ending September 30, 2025. This ongoing financial unprofitability, highlighted by its Q3 2025 earnings per share of -$0.22 announced on November 20, 2025, contributed to a 40.2% decline in the stock price in the subsequent 90 days.

2. The company received a deficiency notice from Nasdaq on January 13, 2026, due to its failure to maintain a minimum bid price of $1.00 per share. This indicated a prolonged period of low stock valuation, signaling concerns about the company's compliance with listing requirements and potentially impacting investor confidence.

Show more

Stock Movement Drivers

Fundamental Drivers

The -28.8% change in MDIA stock from 11/30/2025 to 3/29/2026 was primarily driven by a -28.8% change in the company's P/S Multiple.
(LTM values as of)113020253292026Change
Stock Price ($)0.920.66-28.8%
Change Contribution By: 
Total Revenues ($ Mil)1271270.0%
P/S Multiple0.60.4-28.8%
Shares Outstanding (Mil)82820.0%
Cumulative Contribution-28.8%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026
ReturnCorrelation
MDIA-28.8% 
Market (SPY)-5.3%0.4%
Sector (XLC)-6.9%9.3%

Fundamental Drivers

The -51.4% change in MDIA stock from 8/31/2025 to 3/29/2026 was primarily driven by a -52.4% change in the company's P/S Multiple.
(LTM values as of)83120253292026Change
Stock Price ($)1.350.66-51.4%
Change Contribution By: 
Total Revenues ($ Mil)1221274.5%
P/S Multiple0.90.4-52.4%
Shares Outstanding (Mil)8082-2.5%
Cumulative Contribution-51.4%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026
ReturnCorrelation
MDIA-51.4% 
Market (SPY)0.6%1.5%
Sector (XLC)-3.3%9.4%

Fundamental Drivers

The -42.5% change in MDIA stock from 2/28/2025 to 3/29/2026 was primarily driven by a -65.6% change in the company's P/S Multiple.
(LTM values as of)22820253292026Change
Stock Price ($)1.140.66-42.5%
Change Contribution By: 
Total Revenues ($ Mil)6912784.0%
P/S Multiple1.20.4-65.6%
Shares Outstanding (Mil)7482-9.1%
Cumulative Contribution-42.5%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026
ReturnCorrelation
MDIA-42.5% 
Market (SPY)9.8%7.5%
Sector (XLC)6.2%8.1%

Fundamental Drivers

The -44.0% change in MDIA stock from 2/28/2023 to 3/29/2026 was primarily driven by a -79.4% change in the company's Shares Outstanding (Mil).
(LTM values as of)22820233292026Change
Stock Price ($)1.170.66-44.0%
Change Contribution By: 
Total Revenues ($ Mil)29127344.1%
P/S Multiple0.70.4-38.9%
Shares Outstanding (Mil)1782-79.4%
Cumulative Contribution-44.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/29/2026
ReturnCorrelation
MDIA-44.0% 
Market (SPY)69.4%5.7%
Sector (XLC)106.7%6.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MDIA Return105%-79%-63%165%-49%12%-75%
Peers Return47%-26%-1%-24%14%-8%-15%
S&P 500 Return27%-19%24%23%16%-5%72%

Monthly Win Rates [3]
MDIA Win Rate50%33%25%50%33%67% 
Peers Win Rate57%27%50%45%50%47% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
MDIA Max Drawdown0%-81%-64%-2%-49%-5% 
Peers Max Drawdown-5%-36%-27%-36%-33%-16% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TSQ, SGA, BBGI, IHRT, NXST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique KeyEventMDIAS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-97.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven3996.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-68.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven214.9%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven291 days148 days

Compare to TSQ, SGA, BBGI, IHRT, NXST

In The Past

MediaCo's stock fell -97.6% during the 2022 Inflation Shock from a high on 7/12/2021. A -97.6% loss requires a 3996.4% gain to breakeven.

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About MediaCo (MDIA)

MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital billboards primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The company also offers digital advertising and event sponsorship services. As of December 31, 2021, it owned and operated approximately 3,500 outdoor advertising displays. MediaCo Holding Inc. was founded in 2019 and is headquartered in New York, New York. MediaCo Holding Inc. is a subsidiary of Emmis Communications Corporation.

AI Analysis | Feedback

Here are 1-3 brief analogies for MediaCo (MDIA):

  • It's like a regional Lamar Advertising that also owns two major radio stations in New York City.
  • Imagine iHeartMedia, but they also have a substantial billboard advertising business similar to Outfront Media.

AI Analysis | Feedback

  • Radio Broadcasting: Operation of radio stations WQHT-FM and WBLS-FM, providing content to listeners and selling advertising airtime.
  • Outdoor Advertising: Rental of advertising space on physical displays, including bulletins, posters, and digital billboards.
  • Digital Advertising: Provision of advertising solutions through various digital platforms.
  • Event Sponsorship Services: Offering services that facilitate brand promotion and visibility through event sponsorships.

AI Analysis | Feedback

MediaCo Holding Inc. (MDIA) sells advertising services primarily to other companies. Its revenue is derived from businesses that utilize its radio stations (WQHT-FM and WBLS-FM) in the New York City area and its outdoor advertising displays (billboards) primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio, as well as its digital advertising and event sponsorship services.

Due to the nature of its business as an advertising provider, MediaCo serves a broad and diverse base of advertisers. The company does not publicly disclose specific "major customers" (i.e., individual companies that account for a significant portion of its revenue) in its SEC filings or other public statements. Therefore, it is not possible to list specific customer company names.

However, MediaCo's customer base generally consists of businesses seeking to promote their products, services, or events, which can be categorized as:

  • Local and Regional Businesses: Small to medium-sized enterprises (SMEs) operating within MediaCo's specific geographic markets. These can include businesses such as car dealerships, local retailers, restaurants, healthcare providers, and various professional services (e.g., legal or real estate).
  • National Advertisers and Brands: Larger corporations and national brands that allocate advertising budgets to specific regions or national campaigns. Examples often include companies from sectors like automotive, telecommunications, consumer packaged goods (CPG), financial services, and entertainment.
  • Event Promoters and Organizations: Entities responsible for organizing and promoting concerts, festivals, sporting events, community gatherings, or other cultural events that utilize MediaCo's platforms for audience reach and sponsorship opportunities.

AI Analysis | Feedback

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AI Analysis | Feedback

Albert Rodriguez, Chief Executive Officer and President

Albert Rodriguez serves as the Chief Executive Officer and President of MediaCo. He was appointed to this role after Jacqueline Hernández served as interim CEO, and before her, Rahsan-Rahsan Lindsay held the CEO position.

Debra DeFelice, Chief Financial Officer, Treasurer and Principal Accounting Officer

Debra DeFelice was appointed Chief Financial Officer and Treasurer of MediaCo, effective September 30, 2024. Prior to this, she served as the company's SVP of Finance & Assistant Treasurer/EVP Radio Finance since April 2021. Her career also includes roles as corporate controller at Artisanal Brewing Ventures and HEPACO, LLC, and Division Controller/Director of Finance at ATI Specialty Materials. DeFelice is a Certified Public Accountant with a BS from Binghamton University and an MBA from East Carolina University.

Rene Santaella, Chief Growth & Innovation Officer

Rene Santaella was appointed to the newly created role of Chief Growth & Innovation Officer (CGIO) for MediaCo, effective March 9, 2026. In this expanded executive role, Santaella is responsible for overseeing MediaCo's "Supply + Growth Engines" chain, which translates content investments into scalable distribution, deeper audience engagement, increased inventory, and improved monetization across MediaCo's portfolio. He has a track record of building, modernizing, and scaling multiplatform businesses.

Brian Fisher, Chief Revenue Officer

Brian Fisher serves as MediaCo's Chief Revenue Officer.

Armando Diaz, Vice President, Operations & Efficiency

Armando Diaz was appointed Vice President, Operations & Efficiency at MediaCo, effective March 16, 2026. He brings over 20 years of corporate leadership experience, including senior roles within media and broadcast organizations, where he has managed complex operational environments and cross-functional teams. Throughout his career, Diaz has focused on driving efficiency and transformation initiatives across multiple business units, delivering measurable business impact.

AI Analysis | Feedback

Here are the key risks to MediaCo's business:

  1. Significant Indebtedness and Financial Constraints: MediaCo Holding Inc. carries a substantial amount of debt, which imposes significant financial restrictions on the company. As of June 2025, the company reported total debt of US$71.7 million and net debt of US$68.8 million. Its liabilities significantly outweigh its cash and near-term receivables, indicating potential liquidity challenges. The company also requires substantial cash flow to service its debt, limiting its ability to respond to market changes and pursue growth opportunities. Furthermore, MediaCo has reported operating losses, with an EBIT loss of US$23 million, and its trailing twelve-month EBIT has been worse than its free cash flow, raising concerns about its overall financial health and ability to sustain operations without recapitalization.
  2. Intense Competition and Evolving Media Consumption Habits: Both of MediaCo's core segments, radio broadcasting and outdoor advertising, operate in highly competitive and rapidly changing environments. The radio industry faces strong competition from other radio stations, station groups, and a wide array of alternative media, leading to potential losses in audience share and advertising revenue due to shifts in population, demographics, audience tastes, and consumer use of technology. MediaCo's radio operations in New York City specifically lack the scale of some of its larger competitors. Similarly, the outdoor advertising segment is vulnerable to the rise of alternative marketing channels, such as social media and direct-to-consumer strategies, which can reduce demand for traditional advertising. There is also increased competition for attention and audience fragmentation due to the proliferation of digital media.
  3. Technological Disruption and Regulatory Challenges: MediaCo is exposed to risks stemming from technological advancements and the complex regulatory landscape. In the radio segment, the rise of artificial intelligence (AI), including deepfake technology, presents risks such as the spread of misinformation, potential erosion of audience trust, and legal or ethical violations if AI-generated content is not properly managed. In outdoor advertising, the rapid adoption of programmatic buying and advancements in vehicle dashboard technology could disrupt traditional revenue streams. Additionally, MediaCo's broadcasting operations depend on maintaining its FCC licenses, and changes in FCC regulations regarding ownership restrictions or royalty payments could adversely affect the company. The outdoor advertising segment is also subject to various local regulations and zoning restrictions concerning sign size, placement, and content, which can impact operational flexibility and effectiveness.

AI Analysis | Feedback

  • The continued shift of audio consumption from terrestrial radio to digital platforms such as music streaming services (e.g., Spotify, Apple Music), podcasts, and satellite radio (e.g., SiriusXM). This trend impacts listenership, advertiser interest, and revenue potential for traditional radio stations.
  • The ongoing migration of advertising expenditures towards highly targeted and measurable digital advertising platforms (e.g., social media, search engine marketing, programmatic online display and video advertising). These platforms offer advertisers more precise audience segmentation, real-time campaign adjustments, and detailed performance analytics, making them increasingly competitive alternatives to traditional outdoor advertising.

AI Analysis | Feedback

MediaCo Holding Inc. (MDIA) operates in two main segments: Radio and Outdoor Advertising. The addressable markets for its services are primarily within the United States, with specific regional concentrations for its radio operations.

Radio Broadcasting

MediaCo's Radio segment operates WQHT-FM and WBLS-FM radio stations in the New York City area. New York, NY, is the largest radio market in the U.S., reaching approximately 16.5 million people aged 12 and over. The broader U.S. radio advertising market was valued at $13.6 billion in 2023. U.S. local radio advertising revenue, encompassing both over-the-air and digital components, is projected to be around $12.3 billion in 2025. The traditional radio advertising market in North America, dominated by the United States, was approximately USD 17.24 billion in 2024 and is projected to reach USD 20.68 billion by 2034. More than 91% of American individuals listen to AM/FM radio weekly.

Outdoor Advertising

MediaCo's Outdoor Advertising segment operates displays such as bulletins, posters, and digital billboards primarily in Georgia, Alabama, South Carolina, Florida, Kentucky, West Virginia, and Ohio. The overall United States outdoor advertising market was valued at USD 10.34 billion in 2024 and is expected to grow to USD 16.72 billion by 2030, with a compound annual growth rate (CAGR) of 8.34%. In 2024, U.S. Out-of-Home (OOH) advertising revenue reached a record $9.13 billion. Digital Out-of-Home (DOOH) advertising constituted 34% of the total OOH revenue in the U.S. in 2024, and the U.S. digital OOH advertising market is anticipated to reach USD 13.7 billion by 2032. The Southern U.S. region, where MediaCo has significant outdoor advertising presence, led the overall United States advertising market with a 34% share in 2025.

Digital Advertising and Event Sponsorship Services

MediaCo also offers digital advertising and event sponsorship services. The digital advertising market in the U.S. is substantial and rapidly growing. The market size for Digital Advertising Agencies in the US was $59.3 billion in 2025 and is projected to be $64.2 billion in 2026. More broadly, the U.S. digital advertising market was estimated at USD 246.43 billion in 2024 and is forecast to increase by USD 218.3 billion, at a CAGR of 15.2% between 2024 and 2029. It is projected to reach USD 574.71 billion by 2035.

AI Analysis | Feedback

For MediaCo (MDIA), several key drivers are expected to contribute to future revenue growth over the next two to three years:

  1. Continued Growth and Engagement in the Audio Segment: MediaCo's iconic radio stations, such as WQHT-FM (Hot 97) and WBLS-FM in New York City, continue to demonstrate strong audience growth and engagement. For example, Hot 97's morning program has achieved top rankings among key demographics in New York, with a notable year-over-year audience growth. This increased listenership, coupled with strategic appointments in integrated sales and growth and innovation, is expected to translate into higher advertising revenue.
  2. Expansion and Strong Performance of the Video Segment (EstrellaTV): The acquisition of EstrellaTV in April 2024 has significantly contributed to MediaCo's revenue growth. EstrellaTV has shown strong performance, delivering five-year highs and leading broadcast networks in growth, including record-breaking prime-time growth in 2025 and continued momentum into 2026. The video segment, which offers Spanish-language programming, is a significant growth area, particularly in targeting multicultural audiences.
  3. Growth in Digital Advertising Revenue: MediaCo has experienced a significant surge in its digital revenue. In the third quarter of 2025, digital revenue reached $17 million, accounting for 49.2% of total advertising sales, placing it among the top in the industry. This strong momentum in digital advertising, alongside the company's offerings of digital advertising services, indicates a promising avenue for continued revenue expansion.
  4. Launch and Expansion of New Audio Networks and Programming: MediaCo is actively launching new initiatives to broaden its audio offerings and reach. The introduction of "Alpha Woman," a bilingual audio network powered by Sigma Audio Networks, demonstrates a strategy to target specific demographics with culturally relevant content. The expansion of such networks and strategic sales leadership in this area are expected to capture new audiences and advertising opportunities.

AI Analysis | Feedback

Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

  • MediaCo repurchased 11,304 shares of Class A common stock under its stock repurchase plan in the period covered by the 2024 Form 10-K.

Share Issuance

  • The company issued a warrant to purchase up to 28,206,152 shares of Class A common stock and 60,000 shares of Series B Preferred Stock with an initial liquidation value of $60 million.
  • MediaCo issued 62,441 shares through an At-The-Market Sales Agreement, raising $0.1 million.

Outbound Investments

  • In 2024, MediaCo undertook the Estrella Acquisition, which significantly contributed to a 195% increase in net revenues for 2024 compared to 2023.
  • The Estrella Acquisition expanded MediaCo's national footprint by adding video and television operations, including stations in major U.S. markets such as Los Angeles, Dallas, Houston, Chicago, Denver, and Miami, particularly serving U.S. Hispanic audiences.

Capital Expenditures

  • Capital expenditures totaled approximately $1.1 million for a recent fiscal year (likely 2024), consuming a significant portion of operating cash flow.
  • In the last 12 months, capital expenditures amounted to approximately $681,000.
  • The company plans to continue integrating Estrella operations, with further cost synergies anticipated in 2025, focusing on leveraging its expanded media network for digital and streaming growth opportunities.

Better Bets vs. MediaCo (MDIA)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1MediaCo Earnings Notes12/16/2025
2null10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to MDIA.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
YELP_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026YELPYelpDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
6.2%6.2%-5.7%
TRIP_2132026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02132026TRIPTripadvisorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
5.2%5.2%0.0%
OMC_2062026_Dip_Buyer_FCFYield02062026OMCOmnicomDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
22.1%22.1%-3.7%
MGNI_2062026_Dip_Buyer_High_CFO_Margins_ExInd_DE02062026MGNIMagniteDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
20.6%20.6%-0.8%
RBLX_1302026_Dip_Buyer_High_CFO_Margins_ExInd_DE01302026RBLXRobloxDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
4.4%4.4%-7.9%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

MDIATSQSGABBGIIHRTNXSTMedian
NameMediaCo Townsqua.Saga Com.Beasley .iHeartMe.Nexstar . 
Mkt Price0.664.9711.973.222.80213.134.09
Mkt Cap0.10.10.10.00.46.50.1
Rev LTM1274271122203,8654,950324
Op Inc LTM-23562819386432
FCF LTM12156-111174312
FCF 3Y Avg-10337-63289919
CFO LTM13319-79389122
CFO 3Y Avg-94912-21261,04731

Growth & Margins

MDIATSQSGABBGIIHRTNXSTMedian
NameMediaCo Townsqua.Saga Com.Beasley .iHeartMe.Nexstar . 
Rev Chg LTM84.0%-5.2%-2.6%-7.8%0.3%-8.4%-3.9%
Rev Chg 3Y Avg67.6%-2.6%-0.6%-4.7%-0.4%-1.4%-1.0%
Rev Chg Q18.6%-9.6%0.2%-12.4%0.8%-13.3%-4.7%
QoQ Delta Rev Chg LTM4.5%-2.6%0.0%-3.2%0.2%-3.8%-1.3%
Op Mgn LTM-18.0%13.1%1.5%3.6%5.0%17.5%4.3%
Op Mgn 3Y Avg-22.0%14.4%5.5%5.5%4.6%18.8%5.5%
QoQ Delta Op Mgn LTM0.6%-1.8%-1.5%-1.1%-0.5%-2.9%-1.3%
CFO/Rev LTM10.0%7.2%8.1%-3.1%2.4%18.0%7.6%
CFO/Rev 3Y Avg-17.9%11.0%11.0%-0.8%3.3%20.5%7.1%
FCF/Rev LTM9.5%3.6%5.3%-4.9%0.3%15.0%4.5%
FCF/Rev 3Y Avg-19.8%7.4%5.8%-2.6%0.8%17.6%3.3%

Valuation

MDIATSQSGABBGIIHRTNXSTMedian
NameMediaCo Townsqua.Saga Com.Beasley .iHeartMe.Nexstar . 
Mkt Cap0.10.10.10.00.46.50.1
P/S0.40.20.70.00.11.30.3
P/EBIT-2.32.196.41.5-6.112.21.8
P/E-1.3-7.0254.4-0.7-0.959.3-0.8
P/CFO4.22.78.1-0.94.77.34.5
Total Yield-76.6%-6.2%11.2%-145.6%-108.8%5.2%-41.4%
Dividend Yield0.0%8.0%10.8%0.0%0.0%3.5%1.7%
FCF Yield 3Y Avg-27.0%23.7%6.7%-54.5%6.9%16.9%6.8%
D/E2.26.00.147.413.31.04.1
Net D/E2.15.9-0.344.912.70.94.0

Returns

MDIATSQSGABBGIIHRTNXSTMedian
NameMediaCo Townsqua.Saga Com.Beasley .iHeartMe.Nexstar . 
1M Rtn5.6%-32.8%1.9%-21.1%-14.4%-15.1%-14.7%
3M Rtn-0.5%-0.2%6.7%-36.0%-36.5%4.8%-0.4%
6M Rtn-49.6%-21.6%-0.5%-44.2%3.3%9.7%-11.1%
12M Rtn-41.0%-31.2%6.2%-45.1%70.7%25.3%-12.5%
3Y Rtn-39.4%-21.1%-27.0%-80.8%-24.7%40.7%-25.9%
1M Excs Rtn13.5%-23.2%9.3%-15.5%-4.4%-5.6%-5.0%
3M Excs Rtn13.8%6.6%15.2%-27.2%-29.8%13.7%10.2%
6M Excs Rtn-44.9%-17.8%5.5%-40.8%3.6%13.1%-7.1%
12M Excs Rtn-55.5%-44.9%-8.3%-57.8%43.2%9.5%-26.6%
3Y Excs Rtn-108.1%-87.4%-91.4%-145.2%-94.3%-13.5%-92.8%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20242023202220212020
NY Audio, Digital & Events (NY-ADE)95    
Estrella MediaCo Audio, Digital & Events (EM-ADE)0    
Video0    
Outdoor Advertising  586264
Radio  9084103
Total95 148146167


Price Behavior

Price Behavior
Market Price$0.66 
Market Cap ($ Bil)0.1 
First Trading Date01/17/2020 
Distance from 52W High-56.3% 
   50 Days200 Days
DMA Price$0.64$0.99
DMA Trenddowndown
Distance from DMA2.7%-34.2%
 3M1YR
Volatility67.7%77.5%
Downside Capture0.770.89
Upside Capture170.0048.48
Correlation (SPY)11.5%6.7%
MDIA Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.160.27-0.48-0.070.270.60
Up Beta-3.92-2.16-1.690.16-0.330.23
Down Beta1.65-0.94-2.10-0.550.570.43
Up Capture21%171%-63%-74%17%23%
Bmk +ve Days9203170142431
Stock +ve Days8202549110316
Down Capture139%129%176%117%104%98%
Bmk -ve Days12213054109320
Stock -ve Days13203469129392

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MDIA
MDIA-53.6%74.6%-0.73-
Sector ETF (XLC)9.1%18.3%0.339.0%
Equity (SPY)14.5%18.9%0.598.2%
Gold (GLD)50.2%27.7%1.46-1.3%
Commodities (DBC)17.8%17.6%0.851.0%
Real Estate (VNQ)0.4%16.4%-0.1516.0%
Bitcoin (BTCUSD)-23.7%44.2%-0.49-1.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MDIA
MDIA-34.2%207.7%0.40-
Sector ETF (XLC)8.1%20.7%0.318.9%
Equity (SPY)11.8%17.0%0.548.0%
Gold (GLD)20.7%17.7%0.964.6%
Commodities (DBC)11.6%18.9%0.500.7%
Real Estate (VNQ)3.0%18.8%0.078.1%
Bitcoin (BTCUSD)4.0%56.6%0.291.0%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MDIA
MDIA-16.4%196.1%0.45-
Sector ETF (XLC)8.7%22.4%0.478.4%
Equity (SPY)14.0%17.9%0.678.1%
Gold (GLD)13.3%15.8%0.703.5%
Commodities (DBC)8.2%17.6%0.390.8%
Real Estate (VNQ)4.7%20.7%0.197.6%
Bitcoin (BTCUSD)66.4%66.8%1.060.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 22820265.0%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest5.2 days
Basic Shares Quantity81.7 Mil
Short % of Basic Shares0.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/20252.2%-3.7%5.9%
1/21/2020-3.7%15.6%50.5%
SUMMARY STATS   
# Positive112
# Negative110
Median Positive2.2%15.6%28.2%
Median Negative-3.7%-3.7% 
Max Positive2.2%15.6%50.5%
Max Negative-3.7%-3.7% 

SEC Filings

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Report DateFiling DateFiling
09/30/202511/19/202510-Q
06/30/202508/11/202510-Q
03/31/202505/20/202510-Q
12/31/202404/15/202510-K
09/30/202411/14/202410-Q
06/30/202409/18/202410-Q
03/31/202405/15/202410-Q
12/31/202304/01/202410-K
09/30/202311/13/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/12/202210-Q
03/31/202205/12/202210-Q
12/31/202103/24/202210-K

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Blackrock, Portfolio Management LlcSee FootnoteSell90820251.3221428246,539,868Form