Headlines about Beasley Broadcast Group (NASDAQ:BBGI) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Beasley Broadcast Group earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.9013017875371 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
NASDAQ BBGI opened at $11.00 on Wednesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.92 and a current ratio of 2.92. 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 $307.26, a PE ratio of 12.10 and a beta of 0.71.
Beasley Broadcast Group (NASDAQ:BBGI) last released its quarterly earnings data on Monday, February 12th. The company reported $0.50 earnings per share (EPS) for the quarter. Beasley Broadcast Group had a net margin of 37.53% and a return on equity of 10.66%. The firm had revenue of $58.52 million for the quarter.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 6th. Stockholders of record on Friday, March 30th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 28th. This is an increase 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 1.82%.
Separately, BidaskClub upgraded shares of Beasley Broadcast Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, December 20th.
In other news, Director Joe B. Cox sold 2,200 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $11.72, for a total transaction of $25,784.00. Following the transaction, the director now directly owns 7 shares in the company, valued at $82.04. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 61.60% of the stock is currently owned by company insiders.
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About Beasley Broadcast Group
Beasley Broadcast Group, Inc, a radio broadcasting company, operates radio stations in the United States. As of February 12, 2018, it owned and operated 63 stations, including 45 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.
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