BBGI Stock Gets Increased EPS Forecast from Noble Financial

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) – Equities researchers at Noble Financial raised their Q3 2026 EPS estimates for Beasley Broadcast Group in a research note issued to investors on Wednesday, October 7th. Noble Financial analyst M. Kupinski now expects that the company will earn ($0.45) per share for the quarter, up from their previous estimate of ($0.70). Noble Financial has a “Outperform” rating on the stock. The consensus estimate for Beasley Broadcast Group’s current full-year earnings is ($2.38) per share. Noble Financial also issued estimates for Beasley Broadcast Group’s Q4 2026 earnings at $0.61 EPS, FY2026 earnings at ($7.85) EPS, FY2027 earnings at ($0.75) EPS and FY2028 earnings at $1.65 EPS.

Beasley Broadcast Group (NASDAQ:BBGI) last released its quarterly earnings data on Wednesday, August 12th. The company reported $45.95 earnings per share for the quarter, beating analysts’ consensus estimates of ($1.32) by $47.27. Beasley Broadcast Group had a negative return on equity of 96.53% and a negative net margin of 55.68%.The business had revenue of $44.13 million during the quarter, compared to analyst estimates of $43.10 million.

Other research analysts also recently issued reports about the company. Zacks Research raised Beasley Broadcast Group to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beasley Broadcast Group in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Beasley Broadcast Group has an average rating of “Hold”.

Beasley Broadcast Group Stock Down 2.3%

Beasley Broadcast Group stock opened at $10.40 on Friday. The business’s 50-day moving average price is $18.09 and its 200 day moving average price is $17.68. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 3.73. The firm has a market cap of $19.24 million, a price-to-earnings ratio of -0.17 and a beta of 4.58. Beasley Broadcast Group has a 52 week low of $3.14 and a 52 week high of $29.30.

Hedge Funds Weigh In On Beasley Broadcast Group

A hedge fund recently raised its stake in Beasley Broadcast Group stock. Gamco Investors INC. ET AL grew its stake in Beasley Broadcast Group, Inc. (NASDAQ:BBGI) by 9.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,399 shares of the company’s stock after purchasing an additional 5,475 shares during the quarter. Gamco Investors INC. ET AL owned approximately 3.50% of Beasley Broadcast Group worth $212,000 as of its most recent SEC filing. Institutional investors and hedge funds own 21.73% of the company’s stock.

About Beasley Broadcast Group

Beasley Broadcast Group, Inc is a multimedia company that owns and operates radio stations and related digital media businesses in the United States. Through its Beasley Media Group subsidiary, the company provides locally focused programming across a range of formats, including news, talk, sports, music and entertainment.

In addition to terrestrial radio broadcasting, Beasley develops digital content and marketing services for audiences and advertisers. Its operations include station websites, mobile and streaming offerings, podcasts, social media channels and other online products designed to extend the reach of its local media brands.

Founded in 1961 by George G.