NASDAQ:BBGI

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

$0.87

+0.01 (+1.16%)

(As of 09/29/2023 ET)

Compare

Today's Range: $0.85
▼
$0.89
50-Day Range: $0.87
▼
$1.29
52-Week Range: $0.74
▼
$1.39

Volume: 27,366 shs
Average Volume: 22,381 shs
Market Capitalization: $26.10 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.50

Beasley Broadcast Group MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 72.2% Upside
$1.50 Price Target
Short Interest: Healthy
0.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.26
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -78.57%
From $0.14 to $0.03 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.53 out of 5 stars

Consumer Discretionary Sector

257th out of 273 stocks

Radio Broadcasting Stations Industry

10th out of 10 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $1.50, Beasley Broadcast Group has a forecasted upside of 72.2% from its current price of $0.87.
Amount of Analyst Coverage
Beasley Broadcast Group has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.21% of the float of Beasley Broadcast Group has been sold short.
Short Interest Ratio / Days to Cover
Beasley Broadcast Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Beasley Broadcast Group has recently increased by 5.91%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Beasley Broadcast Group does not currently pay a dividend.
Dividend Growth
Beasley Broadcast Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BBGI.

1.8

News and Social Media Coverage

News Sentiment
Beasley Broadcast Group has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Beasley Broadcast Group this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for BBGI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beasley Broadcast Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.54% of the stock of Beasley Broadcast Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 9.68% of the stock of Beasley Broadcast Group is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Beasley Broadcast Group are expected to decrease by -78.57% in the coming year, from $0.14 to $0.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beasley Broadcast Group is -0.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Beasley Broadcast Group is -0.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Beasley Broadcast Group has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Beasley Broadcast Group (NASDAQ:BBGI) Stock

Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It also operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League. The company was founded in 1961 and is headquartered in Naples, Florida.

BBGI Price History

30 days | 90 days | 365 days | Advanced Chart

BBGI Stock News Headlines

September 29, 2023 | americanbankingnews.com

Beasley Broadcast Group (NASDAQ:BBGI) Coverage Initiated at StockNews.com

September 21, 2023 | americanbankingnews.com

Beasley Broadcast Group (NASDAQ:BBGI) Receives New Coverage from Analysts at StockNews.com

October 1, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

September 19, 2023 | finance.yahoo.com

Anthony Gargano of 97.5 The Fanatic sued for breach of contract and suspended by Beasley Media

September 14, 2023 | finance.yahoo.com

Beasley to change leadership at radio stations WMMR and WMGK, names midday replacement for Matt Cord

August 31, 2023 | msn.com

Beasley Broadcast Group Inc - (BBGI) Price Target Increased by 5.88% to 2.30

August 23, 2023 | finance.yahoo.com

Beasley Broadcast Group Inc: A Deep Dive into Its GF Score and Future Prospects

August 22, 2023 | finance.yahoo.com

Is Alto Ingredients (ALTO) Outperforming Other Consumer Discretionary Stocks This Year?

October 1, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

August 18, 2023 | finance.yahoo.com

Sixers in-arena announcer Matt Cord named John DeBella's successor at classic rock 102.9 WMGK

August 8, 2023 | finance.yahoo.com

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Q2 2023 Earnings Call Transcript

August 4, 2023 | finance.yahoo.com

Q2 2023 Beasley Broadcast Group Inc Earnings Call

August 3, 2023 | washingtonpost.com

Beasley: Q2 Earnings Snapshot

August 3, 2023 | finance.yahoo.com

Beasley Broadcast Group Reports Second Quarter Revenue of $63.5 Million

July 25, 2023 | finance.yahoo.com

92.5 XTU morning show host Andi Summers signs extension

July 19, 2023 | finance.yahoo.com

Beasley Broadcast Group to Report 2023 Second Quarter Financial Results, Host Conference Call and Webcast on August 3

July 10, 2023 | finance.yahoo.com

Hunter Brody laid off by 97.5 The Fanatic as part of broader Beasley cuts

May 18, 2023 | finance.yahoo.com

What Does Beasley Broadcast Group, Inc.'s (NASDAQ:BBGI) Share Price Indicate?

May 9, 2023 | finance.yahoo.com

Logiq Appoints Technology Visionary and Investor, Peter Bordes, to Board of Directors

April 27, 2023 | finance.yahoo.com

Q1 2023 Beasley Broadcast Group Inc Earnings Call

April 26, 2023 | finanznachrichten.de

Beasley Broadcast Group, Inc.: Beasley Broadcast Group First Quarter Revenue Increases To $57.8 Million

April 26, 2023 | washingtonpost.com

Beasley: Q1 Earnings Snapshot

April 26, 2023 | finance.yahoo.com

Beasley Broadcast Group First Quarter Revenue Increases To $57.8 Million

April 25, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Beasley Broadcast Group,'s earnings report

April 24, 2023 | msn.com

B+C Hall of Fame 2023: George Beasley

April 21, 2023 | bizjournals.com

Andre Gardner announces new contract with WMGK to remain afternoon drive host

April 18, 2023 | finance.yahoo.com

Beasley Broadcast Group to Report 2023 First Quarter Financial Results, Host Conference Call and Webcast on April 26

See More Headlines

Receive BBGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Beasley Broadcast Group and its competitors with MarketBeat's FREE daily newsletter.

BBGI Company Calendar

Last Earnings: 8/03/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio broadcasting stations
Sub-Industry: Broadcasting
Sector: Consumer Discretionary
Current Symbol: NASDAQ:BBGI
CUSIP: 07401410
CIK: 1099160
Web: www.bbgi.com
Phone: (239) 263-5000
Fax: 239-263-8191
Employees: 1,093
Year Founded: 1961

Price Target and Rating

Average Stock Price Forecast: $1.50
High Stock Price Forecast: $1.50
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +72.2%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.22
P/E Growth: N/A
Net Income: $-42,060,000.00
Net Margins: -15.29%
Pretax Margin: -21.79%
Return on Equity: 1.57%
Return on Assets: 0.49%

Debt

Debt-to-Equity Ratio: 1.35
Current Ratio: 1.72
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $256.38 million
Price / Sales: 0.10
Cash Flow: $0.93 per share
Price / Cash Flow: 0.94
Book Value: $7.51 per share
Price / Book: 0.12

Miscellaneous

Outstanding Shares: 29,960,000
Free Float: 13,620,000
Market Cap: $26.10 million
Optionable: Not Optionable
Beta: 1.15

Social Links

10 Best Stocks to Own in 2023

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio.

Get This Free Report

Key Executives

Ms. Barbara Caroline Beasley (Age 60)
Chairman & CEO
Comp: $2.2M

Mr. Bruce G. Beasley (Age 65)
Pres & Director
Comp: $916.99k

Mr. Brian E. Beasley (Age 63)
Exec. VP, COO & Director
Comp: $1.02M

Ms. Marie Tedesco (Age 62)
Chief Financial Officer

Mr. Michael Cooney
CTO & VP of Engineering

Mr. Christopher D. Ornelas (Age 54)
Exec. VP, Gen. Counsel & Sec.

Ms. Heidi A. Raphael
Chief Communications Officer

Mr. Justin Chase
Chief Content Officer

Ms. Tina Murley
Chief Revenue Officer

Ms. Lori Burgess
Chief Operating Officer of Beasley Esports

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BBGI Stock - Frequently Asked Questions

What is Beasley Broadcast Group's stock price forecast for 2023?: 0 analysts have issued twelve-month 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 share price to reach $1.50 in the next year. This suggests a possible upside of 72.2% from the stock's current price.
View analysts price targets for BBGI or view top-rated stocks among Wall Street analysts.
How have BBGI shares performed in 2023?: Beasley Broadcast Group's stock was trading at $0.9203 on January 1st, 2023. Since then, BBGI stock has decreased by 5.3% and is now trading at $0.8713.
View the best growth stocks for 2023 here.
Are investors shorting Beasley Broadcast Group?: Beasley Broadcast Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 19,700 shares, an increase of 5.9% from the August 31st total of 18,600 shares. Based on an average daily volume of 32,700 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.
View Beasley Broadcast Group's Short Interest.
When is Beasley Broadcast Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our BBGI earnings forecast.
How were Beasley Broadcast Group's earnings last quarter?: Beasley Broadcast Group, Inc. (NASDAQ:BBGI) issued its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.08) earnings per share (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 positive trailing twelve-month return on equity of 1.57% and a negative net margin of 15.29%.
What is George G. Beasley's approval rating as Beasley Broadcast Group's CEO?: 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.

What other stocks do shareholders of Beasley Broadcast Group own?: 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).
What is Beasley Broadcast Group's stock symbol?: Beasley Broadcast Group trades on the NASDAQ under the ticker symbol "BBGI."
How do I buy shares of Beasley Broadcast Group?: 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.
Compare Top Brokerages Here.
What is Beasley Broadcast Group's stock price today?: One share of BBGI stock can currently be purchased for approximately $0.87.
How much money does Beasley Broadcast Group make?: Beasley Broadcast Group (NASDAQ:BBGI) has a market capitalization of $26.10 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.
How many employees does Beasley Broadcast Group have?: The company employs 1,093 workers across the globe.
How can I contact Beasley Broadcast Group?: 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.

This page (NASDAQ:BBGI) was last updated on 10/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial