Beasley Broadcast Group (BBGI) to Release Quarterly Earnings on Friday

Beasley Broadcast Group (NASDAQ:BBGI) is scheduled to release its earnings data before the market opens on Friday, November 2nd.

Beasley Broadcast Group (NASDAQ:BBGI) last issued its quarterly earnings data on Friday, August 3rd. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $61.63 million during the quarter. Beasley Broadcast Group had a net margin of 33.09% and a return on equity of 8.35%.

Shares of NASDAQ:BBGI opened at $6.65 on Wednesday. The firm has a market capitalization of $181.82 million, a P/E ratio of 8.14 and a beta of 0.52. Beasley Broadcast Group has a 1 year low of $6.00 and a 1 year high of $14.40. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.35 and a quick ratio of 2.35.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 5th. Investors of record on Friday, September 28th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend was Thursday, September 27th.

A number of brokerages recently issued reports on BBGI. ValuEngine cut shares of Beasley Broadcast Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th. Guggenheim began coverage on shares of Beasley Broadcast Group in a report on Wednesday, August 29th. They issued a “buy” rating and a $8.50 price objective for the company. Finally, BidaskClub cut shares of Beasley Broadcast Group from a “hold” rating to a “sell” rating in a report on Thursday, July 19th.

In other news, Director Mark S. Fowler bought 5,000 shares of the business’s stock in a transaction on Friday, August 10th. The stock was purchased at an average price of $6.95 per share, with a total value of $34,750.00. Following the transaction, the director now directly owns 39,199 shares in the company, valued at $272,433.05. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 61.60% of the stock is owned by insiders.

Beasley Broadcast Group Company Profile

Beasley Broadcast Group, Inc, a radio broadcasting company, operates radio stations in the United States. As of February 12, 2018, it owned and operated 63 stations, including 45 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.

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Earnings History for Beasley Broadcast Group (NASDAQ:BBGI)

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