Beasley Broadcast Group, Inc. Class A (BBGI)

Beasley Broadcast Group's stock has shown early signs of market optimism, gaining nearly 13.8% over the past six months, but has experienced a significant decline of 52.57% between November 21, 2024, and November 20, 2025. Recent earnings reports have impacted the stock, with shares gaining +6.9% the day following the Q2 2025 earnings announcement. The company's Q2 2025 revenue fell by 11.1% on a same-station basis, while digital revenue surged by 8.1% year-over-year. Beasley Broadcast Group also reported its Q3 2025 results on November 10, 2025, with total company revenue at approximately $51 million, an 11% decline on a same-station basis. The company also announced the sale of WPBB-FM on September 29, 2025, for $8.0 million and has agreements for the sale of its Fort Myers market assets, pending FCC approval, as part of its deleveraging strategy.

Demand for Beasley Broadcast Group's digital CPMs exhibits seasonality, with a drop-off in Q1 and a rebound in Q2. Buying BBGI stock in January has the highest probability of a positive return, while October has the lowest probability, suggesting some seasonal patterns in stock performance.

Beasley Broadcast Group, Inc. is a multi-platform media company operating radio stations across the United States. The company focuses on delivering localized audio content and generates revenue through advertising and digital products. Beasley has diversified into integrated marketing solutions and esports.

Beasley Broadcast Group operates 54 AM and FM stations across 10 major U.S. markets. As of May 2025, the company owns 55 stations under the Beasley Media Group name, located in markets including Atlanta, Boston, Charlotte, Detroit, Fort Myers-Naples, Las Vegas, Philadelphia, and Tampa-Saint Petersburg. The company's headquarters are in Naples, Florida.

Beasley Broadcast Group maintains a reputation as a key regional operator with a focus on localism, which drives strong listener loyalty. The company is undergoing a digital transformation, with digital revenue becoming a core profit center. Events that have affected its reputation include the ongoing softness in the traditional agency advertising market. The company has been aggressively cutting operating expenses to stabilize its bottom line and is focused on deleveraging and strengthening its balance sheet through asset sales. The company's transparency in addressing governance matters is also highlighted as a key element for investor trust.

Beasley Broadcast Group is owned by a mix of institutional shareholders, insiders, and retail investors. Approximately 16.73% of the company is owned by institutional shareholders, while insiders hold 580.27%. Retail investors hold 0.00% according to one source, while another suggests approximately 37.96% is held by public companies and individual investors (retail investors). Major institutional owners include King Luther Capital Management Corp, Brigade Capital Management, Lp, and Gamco Investors, Inc. Et Al. Donald Ellis Morgan is noted as owning the most shares of Beasley Broadcast Group among individuals.