Best Broadcasting Radio Stocks

iHeartMedia Inc is a US-based diversified media and entertainment company. It operates its business through two segments; Audio and Audio and Media Services. Its Audio segment which derives majority revenue offers broadcast and digital radio, online and mobile services and products, traffic and weather data distribution, outdoor advertising services. It also provides outdoor advertising services in Asia, Australia, Europe and Latin America. Its assets include traditional and digital billboards, street furniture and transit displays, airport displays and wallscapes under lease management agreements. The Audio and Media Services Segment engages in full-service media representation business, Katz Media Group, as well as other general support services.

Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.

Delivering premium content to a quarter billion listeners every month, Cumulus Media is an audio entertainment company based out of Atlanta, Georgia. It owns and operates 424 radio stations across 87 markets in the U.S.

The radio stock has an average daily trade volume of 150,626 shares per day. It has an EPS of $2.64 and a P/E ratio of 1.3. Cumulus Media has a market cap of $61 million and is one of the top stocks under $5 in the radio broadcast segment.

In April 2020, Cumulus Media’s Westwood One News won the prestigious National Headliner Award for “Breaking News or Continuing Coverage of a Single News Event.” Westwood One News also won a bronze, silver and gold medal in the New York Festival Radio Awards in the same month.

Urban One Inc. is a diversified media company in the U.S. It owns TV One, a television network serving more than 59 million households. The company offers a broad range of original programming, classic series and movies designed to entertain, inform and inspire viewers. As a leading radio broadcast company, Urban One owns and operates 57 stations in the U.S.

The media stock has a market cap of $98 million. It trades more than 851,000 shares per day. Urban One generated revenue of $436 million in 2019.

Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises and government agencies. The company’s scalable, reliable and high-performance solutions create a purpose-built wireless fabric that connects people, places and things across distances ranging from two meters to more than 100 kilometers, indoors and outdoors, using licensed and unlicensed spectrum, at attractive economics. Headquartered outside Chicago and with R&D centers in the U.S., U.K. and India, the company sells through a range of distributors overseas.