Noble Financial Issues Optimistic Estimate for BBGI Earnings

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) – Equities researchers at Noble Financial raised their Q3 2026 earnings per share (EPS) estimates for Beasley Broadcast Group in a report issued on Wednesday, October 7th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of ($0.45) per share for the quarter, up from their prior forecast of ($0.70). Noble Financial currently 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 announced 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 company had revenue of $44.13 million for the quarter, compared to analyst estimates of $43.10 million.

Several other research firms also recently weighed in on BBGI. Weiss Ratings reissued a “sell (d-)” rating on shares of Beasley Broadcast Group in a research note on Friday, October 2nd. Zacks Research raised shares of Beasley Broadcast Group to a “hold” rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Beasley Broadcast Group Price Performance

Beasley Broadcast Group stock opened at $10.40 on Friday. Beasley Broadcast Group has a 52-week low of $3.14 and a 52-week high of $29.30. The firm has a market capitalization of $19.24 million, a price-to-earnings ratio of -0.17 and a beta of 4.58. The company has a fifty day simple moving average of $18.09 and a 200-day simple moving average of $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.

Hedge Funds Weigh In On Beasley Broadcast Group

An institutional investor recently raised its position in Beasley Broadcast Group stock. Gamco Investors INC. ET AL lifted its holdings in shares of Beasley Broadcast Group, Inc. (NASDAQ:BBGI) by 9.5% in the first quarter, according to the company in its most recent filing with the Securities and 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 about 3.50% of Beasley Broadcast Group worth $212,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 21.73% of the company’s stock.

Beasley Broadcast Group Company Profile

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.