Beasley Broadcast Group (BBGI) Stock Forecast, Price & News

0 equities research analysts have issued 1-year price objectives for Beasley Broadcast Group's shares. Their BBGI share price forecasts range from $1.50 to $1.50. On average, they anticipate the company's stock price to reach $1.50 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
View analysts price targets for BBGI or view top-rated stocks among Wall Street analysts.

Beasley Broadcast Group's stock was trading at $0.9203 at the beginning of the year. Since then, BBGI stock has increased by 0.5% and is now trading at $0.9250.
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Beasley Broadcast Group saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 18,600 shares, a drop of 59.3% from the August 15th total of 45,700 shares. Based on an average trading volume of 30,600 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are sold short.
View Beasley Broadcast Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our BBGI earnings forecast.

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.01. The company earned $63.46 million during the quarter, compared to analysts' expectations of $63.65 million. Beasley Broadcast Group had a negative net margin of 15.29% and a positive trailing twelve-month return on equity of 1.57%.

43 employees have rated Beasley Broadcast Group Chief Executive Officer George G. Beasley on Glassdoor.com. George G. Beasley has an approval rating of 61% among the company's employees. This puts George G. Beasley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at Beasley Broadcast Group to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Beasley Broadcast Group investors own include General Electric (GE), Prospect Capital (PSEC), Allena Pharmaceuticals (ALNA), Callon Petroleum (CPE), Ford Motor (F), Hercules Capital (HTGC), Adamis Pharmaceuticals (ADMP), BGC Partners (BGCP), MicroVision (MVIS) and Annaly Capital Management (NLY).

Beasley Broadcast Group trades on the NASDAQ under the ticker symbol "BBGI."

Beasley Broadcast Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Gabelli Funds LLC (0.88%), Renaissance Technologies LLC (0.52%), BlackRock Inc. (0.20%) and Atlas Wealth Partners LLC (0.09%). Insiders that own company stock include Bradley C Beasley, Brian E Beasley, Bruce G Beasley, Caroline Beasley, George G Beasley and George G Beasley.
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Shares of BBGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BBGI stock can currently be purchased for approximately $0.93.

Beasley Broadcast Group (NASDAQ:BBGI) has a market capitalization of $27.71 million and generates $256.38 million in revenue each year. The company earns $-42,060,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

The company employs 1,093 workers across the globe.

Beasley Broadcast Group's mailing address is 3033 RIVIERA DRIVE SUITE 200, NAPLES FL, 34103. The official website for the company is www.bbgi.com. The company can be reached via phone at (239) 263-5000, via email at ir@bbgi.com, or via fax at 239-263-8191.