Beasley Broadcast Group (BBGI) Earns Media Sentiment Rating of 0.05
Media stories about Beasley Broadcast Group (NASDAQ:BBGI) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Beasley Broadcast Group earned a news impact score of 0.05 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.201526275308 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Beasley Broadcast Group (NASDAQ:BBGI) traded down 2.90% on Friday, reaching $11.70. 6,223 shares of the company were exchanged. The company has a 50-day moving average price of $10.19 and a 200 day moving average price of $10.60. The stock has a market capitalization of $336.82 million, a PE ratio of 5.66 and a beta of 0.77. Beasley Broadcast Group has a 1-year low of $4.75 and a 1-year high of $18.19.
Beasley Broadcast Group (NASDAQ:BBGI) last released its earnings results on Monday, July 31st. The company reported $0.06 EPS for the quarter. The company had revenue of $61.01 million during the quarter. Beasley Broadcast Group had a return on equity of 11.35% and a net margin of 27.83%. On average, analysts forecast that Beasley Broadcast Group will post $0.53 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Friday, September 29th will be given a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 1.54%. The ex-dividend date is Thursday, September 28th. Beasley Broadcast Group’s dividend payout ratio is currently 8.78%.
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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