TSQ - Highest Forward Earnings Yield in the Broadcasting Industry Detected in Shares of CBS Corp (CBS GTN TGNA TSQ TRCO)
Below are the five companies in the Broadcasting industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
CBS Corp. ranks highest with forward earnings yield of 13.6%. Following is Gray Television Inc. with forward earnings yield of 11.7%. TEGNA Inc. ranks third highest with forward earnings yield of 11.2%.
Townsquare Media Inc. follows with forward earnings yield of 9.3%, and Tribune Media Co. rounds out the top five with forward earnings yield of 6.3%.
NetworkNewsWire is monitoring the Media Industry for any potential shift so investors can protect gains.
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