Urban One Inc Class D (UONEK)

Urban One, Inc. stock has been impacted by debt restructuring, including exchange and tender offers to manage long-term debt. Q3 2025 results showed a decrease in net revenue, leading to reduced full-year Adjusted EBITDA guidance. A director sold shares in December 2025, coinciding with light holiday trading volume. The stock has experienced high daily volatility, with a decline over the past year but increases over the past six and three months as of early January 2026.

Demand seasonality is a factor in Urban One, Inc.'s business, with seasonal net revenue fluctuations driven by variations in advertising expenditures. Advertising revenues in even-numbered years typically see a boost due to political advertising. The company's radio broadcasting revenue is sensitive to local and national advertising demand, which is priced based on audience ratings and demand for time slots.

Urban One, Inc. is a diversified media company targeting Black Americans and urban consumers, operating in the Media and Broadcasting industry. Its integrated media ecosystem includes radio broadcasting, cable television, syndicated radio programming, and digital platforms. The company owns and operates over 50 radio stations in more than 15 U.S. markets, offering diverse formats and generating revenue from advertising. It operates TV One and CLEO TV, reaching over 59 million households and generating revenue from advertising and affiliate fees. Reach Media syndicates radio programs, extending advertising reach nationally. iOne Digital includes lifestyle and news websites, serving an African American online audience through digital advertising and branded content.

Urban One, Inc. has a significant geographic footprint across the United States, primarily focusing on urban markets with substantial African American populations. The company owns and/or operates over 50 radio stations in more than 13 U.S. markets. Its cable television networks, TV One and CLEO TV, reach over 59 million households nationwide.

Urban One, Inc. positions itself as a vital and trusted cultural source for the African-American community. In September 2025, the company conducted a "Cultural ROI" study, emphasizing the importance for brands to engage with Black cultural influence. Financial challenges, including declining revenue and a downward revision of EBITDA guidance, could indirectly influence public and advertiser perception.

Urban One, Inc. operates under a dual-class stock structure, where insiders maintain significant control. Major individual shareholders include Alfred C. Liggins, III, and Cathy Hughes. As of September 30, 2025, Urban One, Inc. has 50 institutional owners holding a total of 9,038,759 shares, including Zazove Associates Llc, Barclays Plc, and Vanguard Group Inc.