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Beasley Broadcast Group

Nasdaq:BBGI
Snowflake Description

Very undervalued second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BBGI
Nasdaq
$82M
Market Cap
  1. Home
  2. US
  3. Media
Company description

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. The last earnings update was 6 days ago. More info.


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BBGI Share Price and Events
7 Day Returns
2.8%
NasdaqGM:BBGI
2%
US Media
0.5%
US Market
1 Year Returns
-50.3%
NasdaqGM:BBGI
17.6%
US Media
12.8%
US Market
BBGI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Beasley Broadcast Group (BBGI) 2.8% -0.3% -7% -50.3% -41.6% -47.7%
US Media 2% 4.5% 10% 17.6% 24.9% 33%
US Market 0.5% 4.3% 8% 12.8% 38.7% 44.5%
1 Year Return vs Industry and Market
  • BBGI underperformed the Media industry which returned 17.6% over the past year.
  • BBGI underperformed the Market in United States of America which returned 12.8% over the past year.
Price Volatility
BBGI
Industry
5yr Volatility vs Market
Related Companies

BBGI Value

 Is Beasley Broadcast Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Beasley Broadcast Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Beasley Broadcast Group.

NasdaqGM:BBGI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:BBGI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.775 (1 + (1- 21%) (353.32%))
2.299
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NasdaqGM:BBGI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Beasley Broadcast Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGM:BBGI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2020 20.64 Analyst x2 18.01
2021 26.00 Analyst x1 19.78
2022 30.00 Analyst x1 19.91
2023 33.01 Est @ 10.02% 19.10
2024 35.59 Est @ 7.84% 17.97
2025 37.84 Est @ 6.3% 16.66
2026 39.82 Est @ 5.23% 15.29
2027 41.60 Est @ 4.48% 13.94
2028 43.25 Est @ 3.96% 12.64
2029 44.80 Est @ 3.59% 11.42
Present value of next 10 years cash flows $164.00
NasdaqGM:BBGI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $44.80 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$386.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $386.09 ÷ (1 + 14.65%)10
$98.39
NasdaqGM:BBGI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $164.00 + $98.39
$262.39
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $262.39 / 27.87
$9.41
NasdaqGM:BBGI Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.41
Current discount Discount to share price of $2.93
= -1 x ($2.93 - $9.41) / $9.41
68.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Beasley Broadcast Group is available for.
Intrinsic value
>50%
Share price is $2.93 vs Future cash flow value of $9.41
Current Discount Checks
For Beasley Broadcast Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Beasley Broadcast Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Beasley Broadcast Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Beasley Broadcast Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Beasley Broadcast Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:BBGI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.39
NasdaqGM:BBGI Share Price ** NasdaqGM (2019-11-13) in USD $2.93
United States of America Media Industry PE Ratio Median Figure of 38 Publicly-Listed Media Companies 13.32x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Beasley Broadcast Group.

NasdaqGM:BBGI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:BBGI Share Price ÷ EPS (both in USD)

= 2.93 ÷ 0.39

7.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Beasley Broadcast Group is good value based on earnings compared to the US Media industry average.
  • Beasley Broadcast Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Beasley Broadcast Group's expected growth come at a high price?
Raw Data
NasdaqGM:BBGI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
19%per year
United States of America Media Industry PEG Ratio Median Figure of 29 Publicly-Listed Media Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

NasdaqGM:BBGI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.52x ÷ 19%

0.4x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Beasley Broadcast Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Beasley Broadcast Group's assets?
Raw Data
NasdaqGM:BBGI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $10.10
NasdaqGM:BBGI Share Price * NasdaqGM (2019-11-13) in USD $2.93
United States of America Media Industry PB Ratio Median Figure of 73 Publicly-Listed Media Companies 1.37x
United States of America Market PB Ratio Median Figure of 5,070 Publicly-Listed Companies 1.73x
NasdaqGM:BBGI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:BBGI Share Price ÷ Book Value per Share (both in USD)

= 2.93 ÷ 10.10

0.29x

* Primary Listing of Beasley Broadcast Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Beasley Broadcast Group is good value based on assets compared to the US Media industry average.
X
Value checks
We assess Beasley Broadcast Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Beasley Broadcast Group has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BBGI Future Performance

 How is Beasley Broadcast Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Beasley Broadcast Group expected to grow at an attractive rate?
  • Beasley Broadcast Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Beasley Broadcast Group's earnings growth is expected to exceed the United States of America market average.
  • Beasley Broadcast Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:BBGI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:BBGI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 19%
NasdaqGM:BBGI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 1.6%
United States of America Media Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
United States of America Media Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:BBGI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:BBGI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 277 22 1
2021-12-31 270 17 1
2020-12-31 267 17 2
2019-12-31 261 13 2
2019-11-13
NasdaqGM:BBGI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 265 32 11
2019-06-30 264 25 10
2019-03-31 260 27 11
2018-12-31 257 24 6
2018-09-30 240 26 74
2018-06-30 234 28 77
2018-03-31 234 27 76
2017-12-31 232 28 87
2017-09-30 227 22 59
2017-06-30 196 19 55
2017-03-31 163 17 53
2016-12-31 137 17 47

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Beasley Broadcast Group's earnings are expected to grow by 19% yearly, however this is not considered high growth (20% yearly).
  • Beasley Broadcast Group's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:BBGI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Beasley Broadcast Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:BBGI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-11-13
NasdaqGM:BBGI Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.39
2019-06-30 0.38
2019-03-31 0.40
2018-12-31 0.24
2018-09-30 2.69
2018-06-30 2.81
2018-03-31 2.76
2017-12-31 3.15
2017-09-30 2.16
2017-06-30 2.09
2017-03-31 2.13
2016-12-31 2.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Beasley Broadcast Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Beasley Broadcast Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Beasley Broadcast Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BBGI Past Performance

  How has Beasley Broadcast Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Beasley Broadcast Group's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Beasley Broadcast Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Beasley Broadcast Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Beasley Broadcast Group's 1-year earnings growth is negative, it can't be compared to the US Media industry average.
Earnings and Revenue History
Beasley Broadcast Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Beasley Broadcast Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:BBGI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 265.03 10.76 20.61
2019-06-30 264.06 10.35 18.95
2019-03-31 260.03 11.00 17.97
2018-12-31 257.49 6.48 16.29
2018-09-30 240.45 74.06 15.48
2018-06-30 234.20 77.50 15.84
2018-03-31 233.59 76.48 15.88
2017-12-31 232.18 87.13 15.83
2017-09-30 227.36 58.97 14.71
2017-06-30 196.19 54.59 13.08
2017-03-31 162.95 53.15 11.03
2016-12-31 136.67 47.49 10.30
2016-09-30 111.37 9.25 9.27
2016-06-30 109.90 6.82 9.19
2016-03-31 109.15 6.88 9.05
2015-12-31 105.95 6.36 8.98
2015-09-30 96.10 4.22 9.16
2015-06-30 82.88 5.66 9.05
2015-03-31 70.00 3.78 9.09
2014-12-31 58.71 0.97 8.92
2014-09-30 55.17 0.66 9.06
2014-06-30 55.85 0.17 9.02
2014-03-31 44.24 -3.69 8.81
2013-12-31 56.10 0.25 8.62
2013-09-30 68.51 3.03 8.56
2013-06-30 79.49 3.97 8.35
2013-03-31 101.75 11.04 8.16
2012-12-31 100.24 11.03 8.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Beasley Broadcast Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Beasley Broadcast Group used its assets less efficiently than the US Media industry average last year based on Return on Assets.
  • Beasley Broadcast Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Beasley Broadcast Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Beasley Broadcast Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BBGI Health

 How is Beasley Broadcast Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Beasley Broadcast Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Beasley Broadcast Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Beasley Broadcast Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Beasley Broadcast Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Beasley Broadcast Group Company Filings, last reported 1 month ago.

NasdaqGM:BBGI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 281.47 245.23 11.90
2019-06-30 279.22 237.24 12.27
2019-03-31 275.80 240.76 16.39
2018-12-31 275.03 243.34 13.43
2018-09-30 273.93 243.88 9.98
2018-06-30 272.20 210.69 14.82
2018-03-31 267.98 212.23 13.17
2017-12-31 286.17 214.78 13.92
2017-09-30 217.02 206.97 15.45
2017-06-30 211.72 212.44 17.05
2017-03-31 208.42 226.91 18.87
2016-12-31 202.49 254.38 20.33
2016-09-30 136.84 82.18 16.65
2016-06-30 135.99 82.10 14.12
2016-03-31 134.38 85.02 15.56
2015-12-31 133.54 87.95 14.32
2015-09-30 131.11 90.19 11.10
2015-06-30 132.62 93.19 11.57
2015-03-31 130.82 96.19 12.35
2014-12-31 130.54 96.14 14.26
2014-09-30 97.55 98.97 13.22
2014-06-30 95.74 102.25 12.09
2014-03-31 93.38 103.50 12.72
2013-12-31 93.63 106.88 14.30
2013-09-30 90.58 110.25 12.49
2013-06-30 88.01 112.25 12.99
2013-03-31 85.46 115.75 14.22
2012-12-31 83.05 116.75 11.66
  • Beasley Broadcast Group's level of debt (87.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (101.1% vs 87.1% today).
  • Debt is not well covered by operating cash flow (13%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Beasley Broadcast Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Beasley Broadcast Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BBGI Dividends

 What is Beasley Broadcast Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.83%
Current annual income from Beasley Broadcast Group dividends. Estimated to be 6.83% next year.
If you bought $2,000 of Beasley Broadcast Group shares you are expected to receive $137 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Beasley Broadcast Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Beasley Broadcast Group's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:BBGI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Media Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:BBGI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.20 1.00
2019-12-31 0.20 1.00
2019-11-13
NasdaqGM:BBGI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-08-22 0.200 6.700
2019-05-30 0.200 6.282
2019-03-05 0.200 5.224
2018-12-03 0.200 4.633
2018-08-23 0.200 3.085
2018-06-01 0.200 2.217
2018-03-02 0.200 1.850
2017-12-04 0.180 1.463
2017-08-23 0.180 1.683
2017-06-08 0.180 1.789
2017-03-02 0.180 1.690
2016-12-08 0.180 2.453
2016-08-24 0.180 3.396
2016-05-26 0.180 3.724
2016-03-18 0.180 4.615
2015-12-08 0.180 5.217
2015-11-06 0.180 4.756
2015-05-28 0.180 4.182
2015-03-11 0.180 3.607
2014-12-05 0.180 3.468
2014-08-25 0.180 3.321
2014-05-29 0.180 2.860
2014-03-12 0.180 2.223
2013-12-06 0.180 2.020
2010-08-02 0.000 0.000
2010-07-30 0.000 0.000
2010-05-04 0.000 0.000
2010-04-30 0.000 0.000
2010-03-11 0.000 0.000
2010-03-05 0.000 0.000
2009-11-09 0.000 0.000
2009-10-30 0.000 0.000
2009-08-05 0.000 0.000
2009-05-07 0.000 0.000
2009-05-06 0.000 0.000
2009-01-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Beasley Broadcast Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Beasley Broadcast Group only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Beasley Broadcast Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Beasley Broadcast Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Beasley Broadcast Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Beasley Broadcast Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BBGI Management

 What is the CEO of Beasley Broadcast Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Barbara Beasley
COMPENSATION $1,823,520
AGE 56
TENURE AS CEO 3.7 years
CEO Bio

Ms. Barbara Caroline Beasley serves as the Chief Executive Officer of the Naples, Florida based Beasley Broadcast Group, Inc. since January 1, 2017, previously serving as Interim Chief Executive Officer from March 2016 until December 2016 and as Executive Vice President, Chief Financial Officer, Treasurer and Secretary beginning in 1994. Prior to 1994, she served in various positions, including Business Manager, Assistant Controller and Corporate Controller. Ms. Beasley joined Beasley Broadcast Group, Inc. in 1983, having held a position as a Director since that time. Ms. Beasley currently serves on the Board of Directors of Broadcast Media, Inc. (“BMI”). In addition, she is currently serving as Joint Board Chair on the Board of Directors of the National Association of Broadcasters (“NAB”). She is a past Chairman of the NAB Radio Board, and was elected to serve once again as Radio Board Chair in January 2017. In addition, Ms. Beasley is a Member of The Broadcasters Foundation of America Board of Directors. In 2017, she was honored by Radio Ink magazine as “Radio Executive of the Year”. Ms. Beasley was named one of the “40 Most Powerful People in Radio” in 2011, 2012, 2016 and 2017. In addition, she has been recognized in the magazine’s “Most Influential Women in Radio” listing on an annual basis since 2003. Ms. Beasley received the 2016 “Distinguished Service Award” from the North Carolina Association of Broadcasters and was the 2012 recipient of the “Frances Preston Trailblazer Award” from the Mentoring and Inspiring Women in Radio Group (MIW). Ms. Beasley is a Member of the Board of Visitors at her alma mater, the University of North Carolina, where she earned a B.S. degree.

CEO Compensation
  • Barbara's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Barbara's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Beasley Broadcast Group management team in years:

3.3
Average Tenure
59
Average Age
  • The tenure for the Beasley Broadcast Group management team is about average.
Management Team

George Beasley

TITLE
Founder & Chairman of the Board
COMPENSATION
$1M
AGE
87
TENURE
58.8 yrs

Barbara Beasley

TITLE
CEO & Director
COMPENSATION
$2M
AGE
56
TENURE
3.7 yrs

Bruce Beasley

TITLE
President & Director
COMPENSATION
$850K
AGE
61
TENURE
22.8 yrs

Brian Beasley

TITLE
COO & Director
COMPENSATION
$849K
AGE
59
TENURE
2.8 yrs

Marie Tedesco

TITLE
Chief Financial Officer
AGE
58
TENURE
2.8 yrs

Mike Cooney

TITLE
CTO & VP of Engineering
TENURE
12.8 yrs

Joyce Fitch

TITLE
Executive VP
TENURE
16.8 yrs

Heidi Raphael

TITLE
Vice President of Corporate Communications
TENURE
1.8 yrs

Bob McCurdy

TITLE
Vice President of Corporate Sales
TENURE
1.7 yrs

Justin Chase

TITLE
Executive Vice President of Programming
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the Beasley Broadcast Group board of directors in years:

19.8
Average Tenure
65
Average Age
  • The average tenure for the Beasley Broadcast Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

George Beasley

TITLE
Founder & Chairman of the Board
COMPENSATION
$1M
AGE
87
TENURE
58.8 yrs

Barbara Beasley

TITLE
CEO & Director
COMPENSATION
$2M
AGE
56
TENURE
36.8 yrs

Allen Shaw

TITLE
Vice Chairman of the Board
COMPENSATION
$50K
AGE
75
TENURE
18.8 yrs

Bruce Beasley

TITLE
President & Director
COMPENSATION
$850K
AGE
61
TENURE
39.8 yrs

Brian Beasley

TITLE
COO & Director
COMPENSATION
$849K
AGE
59
TENURE
37.8 yrs

Herbert McCord

TITLE
Independent Director
COMPENSATION
$60K
AGE
76
TENURE
19.5 yrs

Mike Fiorile

TITLE
Independent Director
COMPENSATION
$90K
AGE
65
TENURE
1.8 yrs

Mark Fowler

TITLE
Independent Director
COMPENSATION
$55K
AGE
77
TENURE
19.8 yrs

Peter Bordes

TITLE
Independent Director
COMPENSATION
$50K
AGE
56
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Aug 19 Buy Mark Fowler Individual 07. Aug 19 07. Aug 19 8,700 $3.35 $29,145
20. May 19 Buy George Beasley Individual 17. May 19 17. May 19 6,750 $3.80 $25,650
10. May 19 Buy Barbara Beasley Individual 09. May 19 09. May 19 5,000 $3.75 $18,750
09. May 19 Buy Mark Fowler Individual 06. May 19 07. May 19 8,500 $3.86 $32,690
X
Management checks
We assess Beasley Broadcast Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Beasley Broadcast Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BBGI News

Simply Wall St News

Is Beasley Broadcast Group, Inc. (NASDAQ:BBGI) A Smart Pick For Income Investors?

Of the free cash flow it generated last year, Beasley Broadcast Group paid out 29% as dividends, suggesting the dividend is affordable. … For the purpose of this article, we only scrutinise the last decade of Beasley Broadcast Group's dividend payments. … See if management have their own wealth at stake, by checking insider shareholdings in Beasley Broadcast Group stock.

Simply Wall St -

Does Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Have A Particularly Volatile Share Price?

Check out our latest analysis for Beasley Broadcast Group What we can learn from BBGI's beta value With a beta of 1.07, (which is quite close to 1) the share price of Beasley Broadcast Group has historically been about as voltile as the broader market. … If the future looks like the past, we could therefore consider it likely that the stock price will experience share price volatility that is roughly similar to the overall market. … What this means for you: Since Beasley Broadcast Group has a beta close to one, it will probably show a positive return when the market is moving up, based on history.

Simply Wall St -

Beasley Broadcast Group (NASDAQ:BBGI) Takes On Some Risk With Its Use Of Debt

NasdaqGM:BBGI Historical Debt, July 22nd 2019 How Strong Is Beasley Broadcast Group's Balance Sheet? … The latest balance sheet data shows that Beasley Broadcast Group had liabilities of US$33.1m due within a year, and liabilities of US$410.4m falling due after that. … Either way, since Beasley Broadcast Group does have more debt than cash, it's worth keeping an eye on its balance sheet.

Simply Wall St -

How Much Are Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Insiders Taking Off The Table?

So we'll take a look at whether insiders have been buying or selling shares in Beasley Broadcast Group, Inc. … All up, insiders sold more shares in Beasley Broadcast Group than they bought, over the last year. … NasdaqGM:BBGI Recent Insider Trading, July 12th 2019 Beasley Broadcast Group Insiders Bought Stock Recently Over the last three months, we've seen significant insider buying at Beasley Broadcast Group.

Simply Wall St -

Is It Too Late To Consider Buying Beasley Broadcast Group, Inc. (NASDAQ:BBGI)?

Let’s take a look at Beasley Broadcast Group’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … This is because Beasley Broadcast Group’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. … What does the future of Beasley Broadcast Group look like?

Simply Wall St -

Those Who Purchased Beasley Broadcast Group (NASDAQ:BBGI) Shares A Year Ago Have A 75% Loss To Show For It

Unfortunately Beasley Broadcast Group reported an EPS drop of 85% for the last year. … We've already covered Beasley Broadcast Group's share price action, but we should also mention its total shareholder return (TSR). … Its history of dividend payouts mean that Beasley Broadcast Group's TSR, which was a 74% drop over the last year, was not as bad as the share price return.

Simply Wall St -

Is It Too Late To Buy Beasley Broadcast Group, Inc. (NASDAQ:BBGI) At Its May Price?

See our latest analysis for Beasley Broadcast Group Where's the growth? … However, seeing as Beasley Broadcast Group is perceived as a high-growth stock, we must also account for its earnings growth, which is captured in the PEG ratio. … A PE ratio of 9.07x and expected year-on-year earnings growth of 15% give Beasley Broadcast Group a very low PEG ratio of 0.59x.

Simply Wall St -

What Percentage Of Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Shares Do Insiders Own?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Beasley Broadcast Group is not a large company by global standards. … See our latest analysis for Beasley Broadcast Group NasdaqGM:BBGI Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Beasley Broadcast Group? … Insider Ownership Of Beasley Broadcast Group While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

Is Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Struggling With Its 5.8% Return On Capital Employed?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is Beasley Broadcast Group, Inc. (NASDAQ:BBGI) A Volatile Stock?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

BBGI Company Info

Description

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of February 11, 2019, it owned and operated 64 stations, including 46 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.

Details
Name: Beasley Broadcast Group, Inc.
BBGI
Exchange: NasdaqGM
Founded: 1961
$81,673,122
27,874,786
Website: http://www.bbgi.com
Address: Beasley Broadcast Group, Inc.
3033 Riviera Drive,
Suite 200,
Naples,
Florida, 34103,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM BBGI Class A Common Stock Nasdaq Global Market US USD 11. Feb 2000
DB BZS Class A Common Stock Deutsche Boerse AG DE EUR 11. Feb 2000
Number of employees
Current staff
Staff numbers
1,149
Beasley Broadcast Group employees.
Industry
Broadcasting
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 23:32
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/11/08
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.