NASDAQ:BBGI

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

$1.08

+0.05 (+4.85%)

(As of 05/26/2023 03:57 PM ET)

Compare

Today's Range: $1.04
▼
$1.09
50-Day Range: $0.74
▼
$1.11
52-Week Range: $0.74
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$1.55

Volume: 12,700 shs
Average Volume: 27,937 shs
Market Capitalization: $32.17 million

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

Beasley Broadcast Group MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 38.9% Upside
$1.50 Price Target
Short Interest: Healthy
0.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.98
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$84,272 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.18) to ($0.01) Per Share

Overall MarketRank^™

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

2.18 out of 5 stars

Consumer Discretionary Sector

165th out of 277 stocks

Radio Broadcasting Stations Industry

8th out of 9 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 38.9% from its current price of $1.08.
Amount of Analyst Coverage
Beasley Broadcast Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.19% 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 decreased by 24.58%, indicating that investor sentiment is improving 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.

2.8

News and Social Media Coverage

News Sentiment
Beasley Broadcast Group has a news sentiment score of 0.98. 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 higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Beasley Broadcast Group this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for BBGI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Beasley Broadcast Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beasley Broadcast Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $84,272.00 in company stock and sold $0.00 in 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 10.91% of the stock of Beasley Broadcast Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Beasley Broadcast Group are expected to grow in the coming year, from ($0.18) to ($0.01) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beasley Broadcast Group is -0.74, 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 -0.74, 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 0.14. 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. is multi-platform media company, which engages in the operation of radio stations in the United States. It operates through the following business segments: Audio, Digital, and Esports. The Audio segment refers to the sale of commercial advertising to customers. The Digital segment focuses on the sale of digital advertising to customers. The Esports segment relates to other advertising-related activities. The company was founded by George G. Beasley in 1961 and is headquartered in Naples, FL.

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BBGI Stock News Headlines

May 26, 2023 | americanbankingnews.com

Beasley Broadcast Group (NASDAQ:BBGI) Now Covered by Analysts at StockNews.com

May 19, 2023 | americanbankingnews.com

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

May 29, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 18, 2023 | finance.yahoo.com

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

May 13, 2023 | americanbankingnews.com

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Sees Large Increase in Short Interest

May 9, 2023 | finance.yahoo.com

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

May 9, 2023 | americanbankingnews.com

Beasley Broadcast Group (NASDAQ:BBGI) Earns Hold Rating from Analysts at StockNews.com

May 4, 2023 | americanbankingnews.com

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) COO Purchases $10,500.00 in Stock

May 29, 2023 | Stocks To Trade (Ad)

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May 1, 2023 | americanbankingnews.com

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

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 24, 2023 | americanbankingnews.com

Beasley Broadcast Group (NASDAQ:BBGI) Now Covered by StockNews.com

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

April 14, 2023 | msn.com

Court blocks appeal by teen killer of Jack Beasley

March 30, 2023 | americanbankingnews.com

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

February 20, 2023 | finance.yahoo.com

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Q4 2022 Earnings Call Transcript

February 18, 2023 | seekingalpha.com

Beasley Broadcast Group, Inc. (BBGI) Q4 2022 Earnings Call Transcript

February 18, 2023 | finance.yahoo.com

Beasley Broadcast Group Full Year 2022 Earnings: US$1.47 loss per share (vs US$0.048 loss in FY 2021)

February 17, 2023 | yahoo.com

Q4 2022 Beasley Broadcast Group Inc Earnings Call

February 16, 2023 | finanznachrichten.de

Beasley Broadcast Group, Inc.: Beasley Broadcast Group Fourth Quarter Revenue Increases to $72.0 Million

February 16, 2023 | finance.yahoo.com

Beasley Broadcast Group Fourth Quarter Revenue Increases to $72.0 Million

See More Headlines

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BBGI Company Calendar

Last Earnings: 11/02/2021
Today: 5/29/2023
Next Earnings (Estimated): 8/07/2023
Fiscal Year End: 12/31/2023

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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: +38.9%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.45)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-42,060,000.00
Net Margins: -16.77%
Pretax Margin: -21.63%
Return on Equity: -0.69%
Return on Assets: -0.22%

Debt

Debt-to-Equity Ratio: 1.30
Current Ratio: 1.81
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $256.38 million
Price / Sales: 0.13
Cash Flow: $0.92 per share
Price / Cash Flow: 1.17
Book Value: $7.51 per share
Price / Book: 0.14

Miscellaneous

Outstanding Shares: 29,790,000
Free Float: 13,542,000
Market Cap: $32.17 million
Optionable: Not Optionable
Beta: 1.14

Social Links

Key Executives

B. Caroline Beasley
Chairman & Chief Executive Officer

Bruce G. Beasley
President & Director

Brian E. Beasley
Chief Operating Officer, Director & Executive VP

Marie Tedesco
Chief Financial Officer & Executive Vice President

Michael Cooney
Chief Technology Officer & VP-Engineering

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 target prices for Beasley Broadcast Group's shares. Their BBGI share price forecasts range from $1.50 to $1.50. On average, they expect the company's stock price to reach $1.50 in the next twelve months. This suggests a possible upside of 38.9% 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 at the beginning of 2023. Since then, BBGI stock has increased by 17.4% and is now trading at $1.08.
View the best growth stocks for 2023 here.
Are investors shorting Beasley Broadcast Group?: Beasley Broadcast Group saw a decrease in short interest in May. As of May 15th, there was short interest totaling 18,100 shares, a decrease of 24.6% from the April 30th total of 24,000 shares. Based on an average daily trading volume, of 31,400 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company's 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, August 7th 2023.
View our BBGI earnings forecast.
How were Beasley Broadcast Group's earnings last quarter?: Beasley Broadcast Group, Inc. (NASDAQ:BBGI) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.12. The firm earned $62.90 million during the quarter. Beasley Broadcast Group had a negative net margin of 16.77% and a negative trailing twelve-month return on equity of 0.69%.
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."
Who are Beasley Broadcast Group's major shareholders?: Beasley Broadcast Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Gabelli Funds LLC (0.80%), Dimensional Fund Advisors LP (0.60%) and Signaturefd LLC (0.25%). Insiders that own company stock include Bradley C Beasley, Brian E Beasley, Bruce G Beasley, Caroline Beasley, George G Beasley and George G Beasley.
View institutional ownership trends.
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 $1.08.
How much money does Beasley Broadcast Group make?: Beasley Broadcast Group (NASDAQ:BBGI) has a market capitalization of $32.17 million and generates $256.38 million in revenue each year. The company earns $-42,060,000.00 in net income (profit) each year or ($1.45) 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 5/29/2023 by MarketBeat.com Staff

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