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

Company Overview

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 operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League. Beasley Broadcast Group, Inc. was founded in 1961 and is based in Naples, Florida.

Key Stats

• Today's Range: $7.79 to $8.76
• 50-Day Range: $8.00 to $13.70
• 52-Week Range: $7.66 to $20.00
• Volume: 5,796 shs
• Average Volume: 2,925 shs
• Market Capitalization: $14.19 million
• P/E Ratio: 4.80
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Beasley Broadcast Group Stock Analysis - MarketRank™

Beasley Broadcast Group scored higher than 67% of companies evaluated by MarketBeat, and ranked 160th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Beasley Broadcast Group.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Beasley Broadcast Group are expected to decrease in the coming year, from ($1.20) to ($3.00) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Beasley Broadcast Group is 4.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Beasley Broadcast Group is 4.80, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.99.

Price to Book Value per Share Ratio

Beasley Broadcast Group has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.62% 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 3.3, 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 10.29%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

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.

Dividend Coverage

The dividend payout ratio of Beasley Broadcast Group is 11.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.62% 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 3.3, 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 10.29%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.25

News Sentiment

Beasley Broadcast Group has a news sentiment score of 0.25. 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 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Beasley Broadcast Group this week, compared to 1 article on an average week.

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.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

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 $24,045.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

56.24% 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 21.73% of the stock of Beasley Broadcast Group is held by institutions.

BBGI Stock Analysis - Frequently Asked Questions

How have BBGI shares performed this year?

Beasley Broadcast Group's stock was trading at $10.05 on January 1st, 2024. Since then, BBGI shares have decreased by 20.3% and is now trading at $8.01.
View the best growth stocks for 2024 here.

How were Beasley Broadcast Group's earnings last quarter?

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) posted its quarterly earnings results on Tuesday, November, 5th. The company reported ($2.33) earnings per share (EPS) for the quarter. The firm had revenue of $58.19 million for the quarter, compared to analyst estimates of $61.10 million. Beasley Broadcast Group had a negative trailing twelve-month return on equity of 5.12% and a net margin of 1.07%.

When did Beasley Broadcast Group's stock split?

Shares of Beasley Broadcast Group reverse split before market open on Tuesday, September 24th 2024. The 1-20 reverse split was announced on Thursday, September 19th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 23rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Who are Beasley Broadcast Group's major shareholders?

Beasley Broadcast Group's top institutional shareholders include Signaturefd LLC (0.01%). Insiders that own company stock include Caroline Beasley, Brian E Beasley, Bruce G Beasley and Bradley C 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Beasley Broadcast Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beasley Broadcast Group investors own include Ashford Hospitality Trust (AHT), Peabody Energy (BTU), PlayAGS (AGS), Assertio (ASRT), Diamondback Energy (FANG), Vermilion Energy (VET) and Kosmos Energy (KOS).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/10/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Radio broadcasting stations
• Sub-Industry: Broadcasting
• Current Symbol: NASDAQ:BBGI
• CUSIP: 07401410
• CIK: 1099160
• Web: www.bbgi.com
• Phone: (239) 263-5000
• Fax: 239-263-8191
• Employees: 1,127
• Year Founded: 1961

Profitability

• EPS (Most Recent Fiscal Year): $1.67
• Trailing P/E Ratio: 4.80
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-75,120,000.00
• Net Margins: 1.07%
• Pretax Margin: 1.13%
• Return on Equity: -5.12%
• Return on Assets: -1.33%

Debt

• Debt-to-Equity Ratio: 1.82
• Current Ratio: 1.60
• Quick Ratio: 1.60

Sales & Book Value

• Annual Sales: $238.75 million
• Price / Sales: 0.06
• Cash Flow: $8.09 per share
• Price / Cash Flow: 0.99
• Book Value: $98.28 per share
• Price / Book: 0.08

Miscellaneous

• Outstanding Shares: 1,772,000
• Free Float: 775,000
• Market Cap: $14.19 million
• Optionable: Not Optionable
• Beta: 0.97