tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beasley Broadcast Group Amends Senior Secured Notes

Story Highlights
Beasley Broadcast Group Amends Senior Secured Notes

TipRanks Black Friday Sale

Beasley Broadcast Group ( (BBGI) ) just unveiled an update.

On November 12, 2025, Beasley Mezzanine Holdings, a subsidiary of Beasley Broadcast Group, entered into supplemental indentures to amend the terms of its senior secured notes. The amendments extend the maturity date of certain notes to January 31, 2026, and provide flexibility for future asset sales and debt incurrence. These changes are expected to impact the company’s financial operations by increasing its capacity to manage receivables and addressing default conditions related to compliance with agreements with noteholders.

The most recent analyst rating on (BBGI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Beasley Broadcast Group stock, see the BBGI Stock Forecast page.

Spark’s Take on BBGI Stock

According to Spark, TipRanks’ AI Analyst, BBGI is a Neutral.

Beasley Broadcast Group’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue, high leverage, and liquidity issues. The technical analysis further indicates bearish momentum. While there is positive growth in the digital segment and cost reductions, these are overshadowed by broader revenue declines and leadership changes.

To see Spark’s full report on BBGI stock, click here.

More about Beasley Broadcast Group

Beasley Broadcast Group, Inc. operates in the broadcasting industry, primarily focusing on radio broadcasting services. The company is known for its radio stations and related media services, targeting various markets across the United States.

Average Trading Volume: 31,432

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.85M

See more data about BBGI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1