What is Noble Financial’s Forecast for BBGI Q2 Earnings?

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) – Equities research analysts at Noble Financial issued their Q2 2026 EPS estimates for shares of Beasley Broadcast Group in a report released on Tuesday, July 28th. Noble Financial analyst M. Kupinski expects that the company will post earnings per share of ($1.32) for the quarter. Noble Financial also issued estimates for Beasley Broadcast Group’s Q3 2026 earnings at ($0.70) EPS, Q4 2026 earnings at $2.61 EPS, FY2026 earnings at $2.25 EPS, FY2027 earnings at ($1.02) EPS and FY2028 earnings at $2.26 EPS.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen upgraded Beasley Broadcast Group to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Beasley Broadcast Group in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Beasley Broadcast Group Stock Performance

NASDAQ:BBGI opened at $20.77 on Wednesday. The firm’s 50-day simple moving average is $21.18 and its 200 day simple moving average is $12.69. Beasley Broadcast Group has a 52 week low of $3.14 and a 52 week high of $29.30. The firm has a market cap of $37.59 million, a price-to-earnings ratio of -0.20 and a beta of 4.37.

Beasley Broadcast Group (NASDAQ:BBGI) last released its quarterly earnings data on Wednesday, May 13th. The company reported $1.77 earnings per share (EPS) for the quarter. Beasley Broadcast Group had a negative return on equity of 27.43% and a negative net margin of 95.51%.The firm had revenue of $42.59 million for the quarter.

Institutional Investors Weigh In On Beasley Broadcast Group

Several large investors have recently added to or reduced their stakes in BBGI. HRT Financial LP purchased a new stake in Beasley Broadcast Group in the 4th quarter worth approximately $129,000. Osaic Holdings Inc. bought a new position in Beasley Broadcast Group in the 2nd quarter worth about $83,000. Susquehanna International Group LLP bought a new position in Beasley Broadcast Group in the 3rd quarter worth about $85,000. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Beasley Broadcast Group by 22.3% during the third quarter. Gamco Investors INC. ET AL now owns 56,154 shares of the company’s stock worth $296,000 after purchasing an additional 10,238 shares in the last quarter. 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.