Paasa Logo
Townsquare Media, Inc. logo
TSQNYSEMarket closedOpens 9:30am ET

Townsquare Media, Inc.

$4.61Last updated
-$0.37 (7.43%)Past day
Timezone

Townsquare Media, Inc. (NYSE: TSQ) is trading at $4.61, about ₹443 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 7.43% today. Indian residents can buy Townsquare Media from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$4.70
Previous close:$4.98
Volume:158.20K

Today's low

$4.60

Today's high

$4.88

52 week low

$4.30

52 week high

$7.97

TSQ opened at $4.70, closed previously at $4.98, and has traded between $4.30 and $7.97 over the past 52 weeks.

About

Townsquare Media, Inc. functions as a digital media and marketing services firm primarily serving small and medium-sized enterprises. Its operations are structured across three distinct divisions: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment provides an extensive array of online marketing tools. These encompass website hosting, search engine optimization (SEO), enhancing online directory visibility, e-commerce capabilities, monitoring online reputation, social media management, appointment scheduling, payment and invoicing systems, customer relationship management, email marketing campaigns, and website retargeting services. Furthermore, this segment specializes in the design, creation, and development of websites optimized for both traditional desktop and mobile platforms. The Digital Advertising segment offers online advertising opportunities on its proprietary digital properties and via programmatic advertising platforms. It also provides a comprehensive platform for data analytics and management. In the Broadcast Advertising segment, the company sells advertising slots on its local radio stations to a diverse range of advertisers, including local, regional, national spot, and national network clients. As of December 31, 2021, this division managed 322 radio stations and approximately 330 local websites across 67 local markets. Beyond these core segments, Townsquare Media organizes about 200 live events annually, such as concerts, expositions, and various other experiential gatherings. The company also operates several local media platforms, including WYRK.com, WJON.com, and NJ101.5.com, alongside prominent national music brands like XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com. Originally incorporated in 1996 under the name Regent Communications, Inc., the company officially became Townsquare Media, Inc. in May 2010. Its corporate headquarters are located in Purchase, New York.

Country
US
CEO
Bill Wilson
Exchange listed on
NYSE
Industry
Broadcasting
Base currency
USD
Full Time Employees
1,804
Sector
Communication Services
IPO date
24/07/2014

Key statistics

Avg. volume

67.66K

Market cap

$76.70M

P/E Ratio

-1.61

Price-to-sales ratio

0.18

Enterprise value

$563.72M

Free cash flow yield

18.59%

Debt-to-equity ratio

-5.40

Return on equity

94.89%

ROIC

5.64%

Beta

1.18

Dividend yield

17.35%

Last dividend

$0.80

Financial overview

Revenue

$427.38M

Earnings per share

-$0.71

Free cash flow

$15.38M

Net profit margin

-11.83%

Gross margin

22.65%

EBITDA

$62.79M

Revenue growth

-5.23%

Similar securities

This is not an investment recommendation

How to buy Townsquare Media from India

Indian residents can buy Townsquare Media shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Townsquare Media and place an order

    Find Townsquare Media by name or by its ticker, TSQ, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Townsquare Media trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Townsquare Media position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Townsquare Media from India

Trading and taxes when buying Townsquare Media from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Townsquare Media’s current yield is 17.35%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Townsquare Media stock?

Yes. Townsquare Media (TSQ) has been listed on the New York Stock Exchange since 2014, in the Broadcasting industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Townsquare Media share cost in rupees?

One Townsquare Media share is $4.61 — about ₹443 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Townsquare Media price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Townsquare Media from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Townsquare Media?

Yes. One Townsquare Media share is $4.61, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Townsquare Media.

How are gains on Townsquare Media shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Townsquare Media price. Paasa issues a capital-gains statement for your return.

Does Townsquare Media pay a dividend, and how is it taxed in India?

Yes. Townsquare Media pays a dividend and the current yield is 17.35%; the last declared dividend was $0.80 per share, about ₹76.86. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Townsquare Media from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Townsquare Media shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Townsquare Media shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Townsquare Media holding, its cost and its closing value.

How do I sell Townsquare Media and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.