Equities Analysts Offer Predictions for BBGI FY2026 Earnings

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) – Research analysts at Noble Financial lowered their FY2026 earnings per share (EPS) estimates for Beasley Broadcast Group in a research note issued to investors on Thursday, August 13th. Noble Financial analyst M. Kupinski now expects that the company will earn ($2.38) per share for the year, down from their prior forecast of $2.25. Noble Financial currently 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.

Beasley Broadcast Group (NASDAQ:BBGI) last released its 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 return on equity of 134.01% and a negative net margin of 55.68%.The firm had revenue of $44.13 million during the quarter, compared to analysts’ expectations of $43.10 million.

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

Beasley Broadcast Group Price Performance

BBGI stock opened at $21.95 on Monday. Beasley Broadcast Group has a 1-year low of $3.14 and a 1-year high of $29.30. The company has a market capitalization of $39.73 million, a price-to-earnings ratio of -0.37 and a beta of 4.41. The business has a 50 day simple moving average of $22.72 and a two-hundred day simple moving average of $14.48.

Institutional Investors Weigh In On Beasley Broadcast Group

Hedge funds have recently bought and sold shares of the business. HRT Financial LP purchased a new position in shares of Beasley Broadcast Group in the 4th quarter worth $129,000. Susquehanna International Group LLP purchased a new stake in shares of Beasley Broadcast Group during the 3rd quarter valued at about $85,000. Gamco Investors INC. ET AL raised its position in shares of Beasley Broadcast Group by 22.3% during the 3rd 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 in the last quarter. Finally, Osaic Holdings Inc. bought a new position in shares of Beasley Broadcast Group in the 2nd quarter valued at about $83,000. Hedge funds and other institutional investors own 21.73% of the company’s stock.

About Beasley Broadcast Group

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.