Media headlines about Beasley Broadcast Group (NASDAQ:BBGI) have trended positive on Wednesday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Beasley Broadcast Group earned a coverage optimism score of 0.46 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.2177790107709 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, BidaskClub cut shares of Beasley Broadcast Group from a “buy” rating to a “hold” rating in a research note on Saturday, January 20th.
Beasley Broadcast Group (NASDAQ:BBGI) opened at $10.35 on Wednesday. Beasley Broadcast Group has a 52 week low of $8.15 and a 52 week high of $18.19. The company has a market cap of $315.92, a price-to-earnings ratio of 3.31 and a beta of 0.83. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.74.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Friday, March 30th will be paid a $0.05 dividend. This is a boost from Beasley Broadcast Group’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Wednesday, March 28th. Beasley Broadcast Group’s dividend payout ratio (DPR) is presently 5.75%.
In other Beasley Broadcast Group news, Director Joe B. Cox sold 2,200 shares of Beasley Broadcast Group stock in a transaction on Monday, February 26th. The shares were sold at an average price of $11.72, for a total value of $25,784.00. Following the completion of the transaction, the director now directly owns 7 shares of the company’s stock, valued at approximately $82.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 61.60% of the company’s stock.
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About Beasley Broadcast Group
Beasley Broadcast Group, Inc is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. As of December 31, 2016, the Company owned and operated 63 radio stations in various radio markets, Atlanta and Augusta in Georgia; Boston, Massachusetts; Charlotte, North Carolina; Detroit, Michigan; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Las Vegas, Nevada; Middlesex, New Jersey; Monmouth, New Jersey; Morristown, New Jersey; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida, and Wilmington, Delaware.
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