Research Analysts Set Expectations for BBGI FY2026 Earnings

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) – Research analysts at Noble Financial lowered their FY2026 earnings estimates for Beasley Broadcast Group in a research report issued to clients and investors on Thursday, August 13th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of ($2.38) for the year, down from their prior forecast of $2.25. Noble Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Beasley Broadcast Group’s current full-year earnings is ($2.38) per share.

A number of other brokerages have also recently issued reports on BBGI. Zacks Research raised Beasley Broadcast Group to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Beasley Broadcast Group in a research note on Wednesday, July 8th. Finally, Wall Street Zen upgraded Beasley Broadcast Group to a “hold” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Beasley Broadcast Group Stock Down 1.1%

NASDAQ BBGI opened at $22.34 on Monday. Beasley Broadcast Group has a twelve month low of $3.14 and a twelve month high of $29.30. The company has a market cap of $40.44 million, a price-to-earnings ratio of -0.37 and a beta of 4.41. The business’s fifty day moving average is $22.70 and its 200 day moving average is $14.36.

Beasley Broadcast Group (NASDAQ:BBGI) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $45.95 earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.32) by $47.27. Beasley Broadcast Group had a negative net margin of 55.68% and a negative return on equity of 134.01%. The company had revenue of $44.13 million during the quarter, compared to the consensus estimate of $43.10 million.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP bought a new stake in shares of Beasley Broadcast Group during the 3rd quarter valued at about $85,000. Osaic Holdings Inc. bought a new stake in Beasley Broadcast Group in the second quarter worth approximately $83,000. HRT Financial LP acquired a new position in Beasley Broadcast Group in the fourth quarter valued at approximately $129,000. Finally, Gamco Investors INC. ET AL lifted its stake in Beasley Broadcast Group by 22.3% in the third quarter. Gamco Investors INC. ET AL now owns 56,154 shares of the company’s stock valued at $296,000 after buying an additional 10,238 shares during the period. 21.73% of the stock is owned by institutional investors and hedge funds.

Beasley Broadcast Group Company Profile

Beasley Broadcast Group, Inc is a diversified media company primarily engaged in the ownership, operation and licensing of radio broadcast stations across the United States. Headquartered in Naples, Florida, the company provides local and regional audiences with a mix of music, news, talk and sports programming designed to serve diverse demographic markets. Through its portfolio of stations, Beasley generates advertising revenues by offering on-air spots, sponsorships and promotional partnerships to national and local advertisers.

In addition to traditional over-the-air programming, Beasley Broadcast Group offers digital services that include live audio streaming, podcast production, mobile apps and website content for many of its radio brands.